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| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | – | 20 | 31 | 0 | 29 | 27 | 27 | 60 | 434 | 46 |
| Research and development | 26 | 46 | 59 | 65 | 75 | 126 | 126 | 120 | 138 | 159 |
| Total operating expenses | 33 | 58 | 73 | 81 | 93 | 153 | 158 | 154 | 182 | 204 |
| Operating income | (33) | (38) | (42) | (81) | (65) | (126) | (131) | (94) | 253 | (158) |
| Interest expense | – | – | – | 0 | 1 | – | – | – | – | – |
| Interest and investment income | 0 | 1 | 3 | 3 | 1 | 0 | 4 | 15 | 26 | 29 |
| Other non-operating income (expense) | (0) | (0) | (0) | (0) | (0) | (0) | (0) | (0) | 0 | 0 |
| Income before taxes | (37) | (37) | (40) | (78) | (65) | (126) | (127) | (79) | 279 | (129) |
| Income tax expense | 0 | 0 | (1) | (1) | 1 | 0 | 0 | 0 | 4 | 1 |
| Net income from continuing operations | (37) | (37) | (39) | (77) | (66) | (126) | (127) | (79) | 275 | (130) |
| Net income | (37) | (37) | (39) | (77) | (66) | (126) | (127) | (79) | 275 | (130) |
| Net income to common shareholders | (38) | (37) | (39) | – | – | – | – | – | – | – |