Yeah, it probably covers operating costs and maybe even a decent chunk of the rocket. Wouldn't come close to touching the big items, R&D, etc.

Non-orbital flight takes ludicrously less power and rocket than getting to orbit. Flying six people per flight would easily be profitable on a per flight basis, ignoring development costs.

And the development stuff is already a paid cost, and a part of reaching the real goal of AWS, but for space.