Loading company

Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	0	0	0	0	–	–	–	–	–	–
Research and development	40	41	48	21	31	38	24	28	73	154
Total operating expenses	58	53	61	23	43	50	37	42	91	172
Operating income	(58)	(53)	(61)	(23)	(43)	(50)	(37)	(42)	(91)	(172)
Interest expense	1	0	2	2	–	–	–	–	–	–
Interest and investment income	–	1	2	2	–	–	–	–	–	–
Other non-operating income (expense)	0	1	(0)	0	0	(0)	1	5	10	7
Income before taxes	(58)	(52)	(61)	(23)	(42)	(51)	(35)	(37)	(81)	(166)
Income tax expense	0	0	0	0	0	0	0	0	0	0
Net income from continuing operations	(58)	(52)	(61)	(23)	(42)	(51)	(35)	(37)	(81)	(166)
Net income	(58)	(52)	(61)	(23)	(42)	(51)	(35)	(37)	(81)	(166)
Net income to common shareholders	(58)	–	–	–	–	–	–	–	–	–