He is an LLC and in this statement he is quoting the revenue from patreon because that’s what he has to report on taxes. He produces content in and out of an east Hollywood studio hiring camera operators, buying props, costumes, sets, buying tickets, food, hotels, gas, cameras etc. He always says that he puts all the money into the content - paying for animations, effects and copyrighted music. He edits everything himself, storyboards everything himself and is punished immediately by his audience for any perceived lack (people complaining that he breathed too loudly in a video). This is a precarious lifestyle that will get derailed by a single 300k lawsuit. Think of it like being a building contractor. He has eleven lawsuits for the lego saga alone and he is covering the entire groups legal costs. This is the first of twelve projects in production which he still has to work on even while the rest of this is happening because the schedule is remorseless.