| (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 | Q4 FY 20 | Q3 FY 20 | Q2 FY 20 | Q1 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 0.2 | 0.7 | 0.4 | 0.6 | 1.2 | 0.7 | 1.7 | 1.3 | 0.9 | 0.3 | 0.7 | 3.4 | 1.3 | 1.6 | 2.4 | 1.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 1.8 | 2.8 | 4.5 | 5.7 | 5.7 | 4.8 | 4.8 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 84.3 | 81.4 | 63.9 | 48.1 | 58.9 | 44.6 | 11.4 |
| Selling General & Administrative | 34.6 | 35.1 | 36.2 | 37.8 | 40.6 | ||
| Operating Income | |||||||
| Operating Income | (123.4) | (120.3) | (108.9) | (115.5) | (106.8) | (75.2) | (13.3) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | 0.1 | 0.2 | 0.6 | 1.0 | 1.0 | 3.4 | 0.6 |
| Tax & Net | |||||||
| Income Tax Expense | 0.1 | 0.1 | 0.1 | 0.1 | (0.5) | (8.9) | 0.0 |
| Net Income From Continuing Ops | (118.4) | (115.2) | (103.1) | (110.6) | (104.9) | (101.0) | |
| Per Share | |||||||
| EPS Basic | (0.77) | (0.84) | (0.94) | (1.20) | (1.15) | (2.08) | (3.19) |
| EPS Diluted | (0.77) | (0.84) | (0.94) | (1.20) | (1.15) | (2.08) | (3.19) |
| Supplementary Data | |||||||
| EBITDA | (112.0) | (108.6) | (95.5) | (101.5) | (93.7) | (68.6) | (12.2) |
| EBIT | (123.4) | (120.3) | (108.9) | (115.5) | (106.8) | (75.2) | (13.3) |
| 0.8 |
| 1.5 |
| 1.5 |
| 0.7 |
| 1.1 |
| - |
| 0.9 |
| 0.6 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 19.3 | 25.3 | 19.2 | 20.5 | 16.4 | 18.4 | 18.0 | 15.3 | 12.2 | 12.3 | 11.0 | 12.1 | 12.7 | 11.3 | 15.5 | 16.2 | 15.8 | 15.8 | 10.7 | 11.0 | 7.1 | - | 2.7 | 2.3 | - |
| Selling General & Administrative | 9.1 | 8.6 | 8.4 | 8.5 | 9.5 | 8.8 | 9.3 | 9.3 | 8.7 | 9.3 | 9.5 | 9.4 | 9.6 | 7.7 | 11.4 | 10.5 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 2.7 | 2.8 | 2.8 | 3.0 | 3.1 | 3.2 | 3.4 | 3.4 | 3.4 | 3.5 | 3.5 | 3.5 | 3.5 | 3.6 | 3.4 | 3.1 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | 1.0 | 0.8 | 0.8 | 0.8 | 1.0 | 0.8 | 0.8 | 0.8 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 31.1 | 31.7 | 30.5 | 32.0 | 28.9 | 30.4 | 30.6 | 28.0 | 24.4 | 25.1 | 24.0 | 46.4 | 25.8 | 22.7 | 30.3 | 29.9 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (30.8) | (31.0) | (30.2) | (31.4) | (27.7) | (29.8) | (28.9) | (26.7) | (23.5) | (24.7) | (23.3) | (43.0) | (24.5) | (21.1) | (28.0) | (28.9) | (28.8) | (26.3) | (21.1) | (16.7) | (11.1) | - | (3.4) | (2.8) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 1.3 | 1.3 | 1.6 | 1.0 | 1.4 | 0.8 | 1.5 | 2.0 | 1.5 | 1.2 | 1.3 | 1.3 | 1.1 | 1.1 | 0.4 | (0.1) | (0.1) | ||||||||
| Pre-Tax Income | (29.6) | (29.7) | (28.6) | (30.4) | (26.4) | (29.0) | (27.4) | (24.8) | (22.0) | (23.5) | (22.0) | (41.7) | (23.3) | (20.0) | (27.6) | (29.0) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | (0.2) | 0.1 | 0.1 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.5) | (0.3) | (0.3) | 0.6 | (1.1) | (1.7) | (5.6) | (0.5) | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (29.6) | (29.6) | (28.7) | (30.6) | (26.3) | (29.0) | (27.4) | (24.8) | (22.0) | (23.5) | (22.0) | (41.7) | (23.4) | (19.5) | (27.3) | (28.7) | (29.5) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (29.6) | (29.6) | (28.7) | (30.6) | (26.3) | (29.0) | (27.4) | (24.8) | (22.0) | (23.5) | (22.0) | (41.7) | (23.4) | (19.5) | (27.3) | (28.7) | (29.5) | ||||||||
| Net Income Attributable To Parent | (29.6) | (29.6) | (28.7) | (30.6) | (26.3) | (29.0) | (27.4) | (24.8) | (22.0) | (23.5) | (22.0) | (41.7) | (23.4) | (19.5) | (27.3) | (28.7) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (29.6) | (29.6) | (28.7) | (30.6) | (26.3) | (29.0) | (27.4) | (24.8) | (22.0) | (23.5) | (22.0) | (41.7) | (23.4) | (19.5) | (27.3) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.19) | - | (0.20) | (0.24) | (0.21) | - | (0.24) | (0.22) | (0.22) | - | (0.24) | (0.45) | (0.26) | - | (0.30) | (0.32) | (0.33) | - | (0.33) | (2.39) | (0.70) | - | (0.85) | (1.12) | - |
| EPS Diluted | (0.19) | - | (0.20) | (0.24) | (0.21) | - | (0.24) | (0.22) | (0.22) | - | (0.24) | (0.45) | (0.26) | - | (0.30) | (0.32) | (0.33) | - | |||||||
| Shares Basic | 153.0 | - | 143.8 | 127.6 | 124.5 | - | 113.6 | 112.9 | 99.4 | - | 92.2 | 91.8 | 91.5 | - | 91.1 | 90.7 | 90.3 | - | |||||||
| Shares Diluted | 153.0 | - | 143.8 | 127.6 | 124.5 | - | 113.6 | 112.9 | 99.4 | - | 92.2 | 91.8 | 91.5 | - | 91.1 | 90.7 | 90.3 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (28.1) | (28.2) | (27.3) | (28.4) | (24.7) | (26.5) | (25.5) | (23.3) | (20.1) | (21.3) | (19.8) | (39.5) | (21.0) | (17.5) | (24.6) | (25.7) | (25.9) | (23.5) | (18.9) | (15.5) | (10.7) | - | (3.0) | (2.5) | - |
| EBIT | (30.8) | (31.0) | (30.2) | (31.4) | (27.7) | (29.8) | (28.9) | (26.7) | (23.5) | (24.7) | (23.3) | (43.0) | (24.5) | (21.1) | (28.0) | (28.9) | (28.8) | (26.3) | (21.1) | ||||||
| 28.8 |
| 5.5 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | 11.4 | 11.7 | 13.4 | 14.0 | 13.0 | 6.7 | 1.1 |
| Amortization of Intangibles | - | 3.4 | 3.4 | 3.4 | 3.4 | 2.1 | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 125.3 | 123.1 | 113.4 | 121.2 | 112.5 | 80.0 | 18.1 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 5.1 | 5.2 | 5.9 | 5.0 | 1.4 | (34.6) | (1.1) |
| Pre-Tax Income | (118.3) | (115.1) | (103.0) | (110.5) | (105.4) | (109.9) | (14.4) |
| (14.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (118.4) | (115.2) | (103.1) | (110.6) | (104.9) | (101.0) | (14.4) |
| Net Income Attributable To Parent | (118.4) | (115.2) | (103.1) | (110.6) | (104.9) | (101.0) | (14.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (118.4) | (115.2) | (103.1) | (110.6) | (104.9) | (103.2) | (49.5) |
| Shares Basic | 153.0 | 136.8 | 110.2 | 92.0 | 90.8 | 49.7 | 15.5 |
| Shares Diluted | 153.0 | 136.8 | 110.2 | 92.0 | 90.8 | 49.7 | 15.5 |
| 10.9 |
| 9.2 |
| 9.7 |
| 5.2 |
| 4.7 |
| - |
| 1.3 |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.9 |
| 2.8 |
| 2.2 |
| 1.2 |
| 0.5 |
| - |
| 0.3 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 29.6 |
| 27.7 |
| 22.7 |
| 17.4 |
| 12.2 |
| - |
| 4.3 |
| 3.4 |
| - |
| 0.8 |
| 2.0 |
| 0.5 |
| - |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (4.2) |
| (30.1) |
| (0.3) |
| - |
| (0.4) |
| (0.2) |
| - |
| (28.9) |
| (26.3) |
| (25.3) |
| (46.8) |
| (11.4) |
| - |
| (3.7) |
| (3.0) |
| - |
| (25.2) |
| (23.6) |
| (41.2) |
| (11.0) |
| (4.9) |
| (3.7) |
| (3.0) |
| (2.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (25.2) |
| (23.6) |
| (41.2) |
| (11.0) |
| (4.9) |
| (3.7) |
| (3.0) |
| (2.7) |
| (29.5) |
| (25.2) |
| (23.6) |
| (41.2) |
| (11.0) |
| (4.9) |
| (3.7) |
| (3.0) |
| (2.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (28.7) |
| (29.5) |
| (25.2) |
| (23.9) |
| (42.2) |
| (12.0) |
| (16.9) |
| (13.0) |
| (17.0) |
| (2.7) |
| (0.33) |
| (2.39) |
| (0.70) |
| - |
| (0.85) |
| (1.12) |
| - |
| 73.3 |
| 17.6 |
| 17.0 |
| - |
| 15.2 |
| 15.2 |
| - |
| 73.3 |
| 17.6 |
| 17.0 |
| - |
| 15.2 |
| 15.2 |
| - |
| (16.7) |
| (11.1) |
| - |
| (3.4) |
| (2.8) |
| - |