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Income Statement · Annual · Millions · USD

Line item	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	107	74	61	84	81
Cost of revenue	64	53	48	54	59
Gross profit	43	21	13	30	22
Research and development	1	3	5	12	15
Total operating expenses	35	23	23	26	40
Operating income	8	(2)	(10)	4	(17)
Interest expense	0	1	2	1	1
Other non-operating income (expense)	1	0	(1)	(1)	1
Income before taxes	10	(1)	(11)	2	(17)
Income tax expense	2	(2)	(2)	1	11
Net income from continuing operations	8	1	(9)	2	(27)
Net income	8	1	(9)	2	(27)