Income statement waterfall. Green diagonal stripes add to the running result, red diagonal stripes subtract from it, and a thin axis line marks the loss-zone boundary.
- Revenue: $1.66M. Running result $1.66M. Revenue: $1.66M.
- Cost of revenue: $0. Running result $1.66M.
- Gross profit: $1.66M. Running result $1.66M.
- Research and development expenses, including related party expenses of $399, $259, $465 and $521 for the three and six months ended June 30, 2026 and 2025, respectively: −$85.34M. Running result −$83.68M.
- General and administrative expenses: −$23.36M. Running result −$107.03M.
- Intangible assets impairment loss: −$41.82M. Running result −$148.86M.
- Operating income: −$148.86M. Running result −$148.86M.
- Other income: $4.88M. Running result −$143.98M.
- Pre-tax loss: −$143.98M. Running result −$143.98M.
- Income tax benefit: $1.76M. Running result −$142.22M.
- Net loss: −$142.22M. Running result −$142.22M.
