Research is public funded because it creates public good. Most basic research is not profitable which is why it is in the publics best interests to subsidize it

Research is public funded because it creates public good. Most basic research is not profitable which is why it is in the publics best interests to subsidize it rather than rely in the whims of corporations. Even then ROI for taxpayers is staggeringly huge in the long run. Calling it a "net-loss" is ... well. It is flat-earth level thinking.