| (in millions of USD, except per-share data) | Q1 FY 26 | Q4 FY 25 | Q3 FY 25 | Q2 FY 25 | Q1 FY 25 | Q4 FY 24 | Q3 FY 24 | Q2 FY 24 | Q1 FY 24 | Q4 FY 23 | Q3 FY 23 | Q2 FY 23 | Q1 FY 23 | Q4 FY 22 | Q3 FY 22 | Q2 FY 22 | Q1 FY 22 | Q4 FY 21 | Q3 FY 21 | Q2 FY 21 | Q1 FY 21 | Q3 FY 20 | Q2 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 96.1 | 104.9 | 93.8 | 42.3 | 32.4 | 12.3 | 8.0 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (114.6) | (123.8) | (114.0) | (61.1) | (45.2) | (19.6) | (7.9) |
| Non-Operating | |||||||
| Interest Income | 6.0 | 7.4 | 14.3 | 10.8 | 2.4 | - | - |
| Interest Expense | 4.3 | 4.2 | 4.1 | 0.6 | 0.0 | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (113.3) | (121.3) | (102.3) | (52.4) | (42.9) | (100.6) | |
| Per Share | |||||||
| EPS Basic | (1.79) | (2.00) | (1.71) | (1.08) | (1.06) | (5.02) | - |
| EPS Diluted | (1.79) | (2.00) | (1.71) | (1.08) | (1.06) | (5.02) | - |
| Supplementary Data | |||||||
| EBITDA | - | (123.8) | (114.0) | (61.1) | (45.2) | (19.6) | - |
| EBIT | (114.6) | (123.8) | (114.0) | (61.1) | (45.2) | (19.6) | (7.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 16.5 | 20.5 | 22.0 | 37.1 | 25.3 | 34.6 | 27.2 | 19.5 | 12.4 | 13.3 | 11.2 | 9.1 | 8.7 | 10.7 | 8.3 | 7.3 | 6.0 | 5.7 | 1.8 | 2.3 | 2.6 | 3.0 | 1.9 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| General & Administrative | 4.7 | 4.7 | 4.5 | 4.6 | 5.1 | 5.0 | 5.0 | 4.8 | 5.3 | 5.2 | 4.9 | 4.3 | 4.4 | 3.5 | 3.1 | 3.1 | 3.2 | ||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 21.1 | 25.2 | 26.5 | 41.8 | 30.4 | 39.6 | 32.3 | 24.4 | 17.8 | 18.5 | 16.0 | 13.5 | 13.1 | 14.2 | 11.4 | 10.4 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (21.1) | (25.2) | (26.5) | (41.8) | (30.4) | (39.6) | (32.3) | (24.4) | (17.8) | (18.5) | (16.0) | (13.5) | (13.1) | (14.2) | (11.4) | (10.4) | (9.2) | (8.4) | (3.9) | (3.4) | (3.8) | (2.5) | (2.0) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | 1.1 | 1.3 | 1.6 | 2.0 | 2.5 | 3.0 | 3.5 | 3.8 | 4.0 | 4.0 | 3.1 | 1.9 | 1.8 | - | - | - | - | - | 0.0 | 0.0 | - | - | - |
| Interest Expense | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 0.6 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | 0.4 | 0.1 | 0.1 | 0.8 | 1.6 | 2.4 | 2.5 | 3.8 | 2.9 | 2.0 | 3.1 | 1.9 | 1.8 | 1.4 | 0.7 | 0.3 | 0.1 | ||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (20.7) | (25.1) | (26.5) | (41.0) | (28.8) | (37.2) | (29.8) | (20.5) | (14.9) | (16.5) | (13.0) | (11.6) | (11.3) | (12.9) | (10.7) | (10.2) | (9.1) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (20.7) | (25.1) | (26.5) | (41.0) | (28.8) | (37.2) | (29.8) | (20.5) | (14.9) | (16.5) | (13.0) | (11.6) | (11.3) | (12.9) | (10.7) | (10.2) | (9.1) | ||||||
| Net Income Attributable To Parent | (20.7) | (25.1) | (26.5) | (41.0) | (28.8) | (37.2) | (29.8) | (20.5) | (14.9) | (16.5) | (13.0) | (11.6) | (11.3) | (12.9) | (10.7) | (10.2) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (20.7) | (25.1) | (26.5) | (41.0) | (28.8) | (37.2) | (29.8) | (20.5) | (14.9) | (16.5) | (13.0) | (11.6) | (11.3) | (12.9) | (10.7) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (0.33) | - | (0.44) | (0.68) | (0.48) | - | (0.50) | (0.34) | (0.25) | - | (0.24) | (0.28) | (0.28) | - | (0.26) | (0.25) | (0.23) | - | (0.10) | (141.93) | - | - | - |
| EPS Diluted | (0.33) | - | (0.44) | (0.68) | (0.48) | - | (0.50) | (0.34) | (0.25) | - | (0.24) | (0.28) | (0.28) | - | (0.26) | (0.25) | (0.23) | - | |||||
| Shares Basic | 63.2 | - | 60.6 | 60.6 | 60.5 | - | 60.1 | 60.1 | 59.8 | - | 54.2 | 41.0 | 41.0 | - | 40.5 | 40.5 | 40.5 | - | |||||
| Shares Diluted | 63.2 | - | 60.6 | 60.6 | 60.5 | - | 60.1 | 60.1 | 59.8 | - | 54.2 | 41.0 | 41.0 | - | 40.5 | 40.5 | 40.5 | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (21.1) | - | - | - | (30.4) | - | - | - | (17.8) | - | - | - | (13.1) | - | - | - | (9.2) | - | - | - | - | - | - |
| EBIT | (21.1) | (25.2) | (26.5) | (41.8) | (30.4) | (39.6) | (32.3) | (24.4) | (17.8) | (18.5) | (16.0) | (13.5) | (13.1) | (14.2) | (11.4) | (10.4) | (9.2) | (8.4) | (3.9) | ||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 18.5 | 18.9 | 20.2 | 18.8 | 12.9 | 7.3 | 1.4 |
| Depreciation & Amortization | - | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | - |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 114.6 | 123.8 | 114.0 | 61.1 | 45.2 | 19.6 | 9.3 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.3 | 2.5 | 11.7 | 8.8 | 2.4 | (81.0) | 0.6 |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (7.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (113.3) | (121.3) | (102.3) | (52.4) | (42.9) | (100.6) | (7.3) |
| Net Income Attributable To Parent | (113.3) | (121.3) | (102.3) | (52.4) | (42.9) | (100.6) | (7.3) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (113.3) | (121.3) | (102.3) | (52.4) | (42.9) | (100.6) | (7.3) |
| Shares Basic | 63.2 | 60.6 | 60.0 | 48.6 | 40.6 | 20.1 | - |
| Shares Diluted | 63.2 | 60.6 | 60.0 | 48.6 | 40.6 | 20.1 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.7 |
| 2.1 |
| 1.2 |
| 1.2 |
| 0.2 |
| 0.3 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.2 |
| 8.4 |
| 3.9 |
| 3.4 |
| 3.8 |
| 3.2 |
| 2.2 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| (57.9) |
| (23.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.3) |
| (3.9) |
| (61.4) |
| (27.0) |
| (2.5) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.3) |
| (3.9) |
| (61.4) |
| (27.0) |
| (2.5) |
| (2.0) |
| (9.1) |
| (8.3) |
| (3.9) |
| (61.4) |
| (27.0) |
| (2.5) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.2) |
| (9.1) |
| (8.3) |
| (3.9) |
| (61.4) |
| (27.0) |
| (2.5) |
| (2.0) |
| (0.10) |
| (141.93) |
| - |
| - |
| - |
| 38.3 |
| 0.4 |
| - |
| - |
| - |
| 38.3 |
| 0.4 |
| - |
| - |
| - |
| (3.4) |
| (3.8) |
| (2.5) |
| (2.0) |