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Income Statement · Annual · Millions · USD

Line item	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	33	31	48	40	32,309	23,024	17,859
Cost of revenue	20	17	23	18	21,994	16,953	11,558
Net investment income	0	0	0	0	0	–	–
Gross profit	13	14	25	22	10,315	6,072	6,301
Research and development	1	1	5	8	4,859	3,031	672
Total operating expenses	4	4	12	29	14,281	14,092	9,217
Operating income	10	10	14	(7)	(3,966)	(8,020)	(2,916)
Interest expense	0	0	0	0	190	305	289
Other non-operating income (expense)	(0)	(0)	0	(0)	(361)	(101)	(756)
Income before taxes	10	10	14	(7)	(4,327)	(8,121)	(3,672)
Income tax expense	2	3	2	1	2,254	607	–
Net income from continuing operations	8	8	11	(8)	(6,581)	(8,727)	–
Net income	8	8	11	(8)	(6,581)	(8,727)	(3,672)