Can I format text (bold, italic, underlined) in Thunderbird?

When composing emails in Thunderbird for Android, I can't find any options to format text. I can't select a typeface (even the most basic html tags for serif/sans-serif/monospace aren't available) or even make text bold, italic or underlined. This makes it very hard to create emphasis where necessary, and it feels like ancient emails from before HTML formatting. Is there something I am missing, or does this depend on the phone? NB: I can do this with my messaging apps and the Gmail app, which I prefer not to use. Sony Xperia 10 V Android 14