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Income Statement · Annual · Millions · USD

Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	3	4	1	1	8	7	7	4	5	5
Cost of revenue	1	0	–	–	5	9	6	2	3	3
Net interest income	–	–	–	–	–	(0)	0	1	1	0
Gross profit	2	4	–	–	3	(2)	1	2	2	2
Realized investment gains (losses)	–	–	–	–	–	–	–	–	0	1
Research and development	9	7	6	7	8	4	2	0	0	0
Selling, general and administrative	12	11	12	14	16	23	15	8	10	7
Total operating expenses	22	18	18	21	21	–	–	–	–	–
Operating income	(19)	(14)	(17)	(19)	(13)	(36)	(14)	(6)	(4)	(3)
Interest expense	1	1	–	0	0	0	–	–	–	–
Other non-operating income (expense)	0	0	0	0	1	10	0	0	0	2
Income before taxes	(20)	(16)	(13)	(29)	(6)	(16)	(11)	(5)	(4)	(2)
Income tax expense	0	0	0	0	(0)	0	0	0	0	0
Net income from continuing operations	(20)	(16)	(13)	(29)	(6)	(16)	(11)	(5)	(4)	(2)
Net income	(20)	(16)	(13)	(29)	(5)	(15)	(15)	(14)	(7)	(2)
Net income to common shareholders	(20)	–	–	–	–	–	–	–	–	–