There’s a difference between “not as profitable as I’d like” and “unprofitable”. The rest of us are talking about the positive net incomes they reported in recent years and would have reported last year except for that lawsuit payment. Especially here, I would expect someone to be familiar with the way tech companies have often been marginally profitable for years because they were focused on other metrics like growth. Twitter was often subject to unrealistic comparisons with wildly popular companies like Facebook or Google but since they were already doing it it there’s little reason to believe they wouldn’t have been a profitable medium-sized company.