It's very common in the tech industry for expenses to exceed revenues in the first years. Look at Amazon way back. That's only one of the most famous examples. The difference between revenues and expenses is what I call a profit, regardless of whether that number is positive or negative.
Edit: Hey downvoters: I'm not the one who built the Amazon story, nor accounting. Sorry to be the one to break it to you but you can pour your bitterness elsewhere: https://en.wikipedia.org/wiki/Profit_(accounting)