| (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 | 1.6 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | 0.3 | 0.0 | 0.0 | - | - | - |
| Cost of Revenue | - | 0.2 | 0.0 | 0.0 | - | - | - |
| Gross Profit | - | 0.1 | 0.0 | 0.0 | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 561.9 | 493.9 | 357.7 | 276.4 | 171.5 | 64.3 | 21.1 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (839.9) | (729.3) | (509.7) | (446.9) | (347.4) | (358.3) | (24.6) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | 1.0 | 0.2 |
| Tax & Net | |||||||
| Income Tax Expense | 0.3 | 0.3 | 0.2 | 0.5 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (742.5) | (618.2) | (536.8) | (457.9) | (317.3) | (347.8) | |
| Per Share | |||||||
| EPS Basic | (0.97) | (0.99) | (1.42) | (1.69) | (1.32) | (3.14) | (0.49) |
| EPS Diluted | (0.97) | (0.99) | (1.42) | (1.69) | (1.32) | (3.14) | (0.49) |
| Supplementary Data | |||||||
| EBITDA | (816.2) | (709.3) | (498.0) | (440.4) | (344.3) | (357.0) | (24.5) |
| EBIT | (839.9) | (729.3) | (509.7) | (446.9) | (347.4) | (358.3) | (24.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 171.7 | 147.1 | 120.7 | 122.4 | 103.7 | 94.6 | 89.8 | 89.8 | 83.5 | 79.5 | 67.8 | 63.3 | 65.8 | 59.2 | 47.0 | 37.8 | 27.5 | 19.7 | 23.1 | 11.4 | 10.1 | - | 6.7 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | 40.3 | - | - | - | 58.7 | - | - | 118.1 | 44.1 | 44.1 | 40.8 | 42.4 | 37.8 | ||||||||
| Depreciation & Amortization | 7.8 | 6.0 | 5.1 | 4.8 | 4.1 | 3.4 | 3.3 | 2.7 | 2.3 | 2.8 | 1.8 | 1.0 | 0.9 | 0.8 | 1.0 | 0.7 | |||||||||
| Amortization of Intangibles | 1.4 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | 3.6 | - | - | - | - | - | ||||||||
| Total Operating Expenses | 256.2 | 234.7 | 174.8 | 176.1 | 144.0 | 124.2 | 122.1 | 121.2 | 142.2 | 107.3 | 46.2 | 181.4 | 112.0 | 108.1 | 93.8 | 80.2 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (254.6) | (234.4) | (174.8) | (176.1) | (144.0) | (124.2) | (122.1) | (121.2) | (142.2) | (107.3) | (46.2) | (181.4) | (112.0) | (108.1) | (93.8) | (80.2) | (65.3) | (53.3) | (176.3) | (33.8) | (94.9) | - | (7.3) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.4 | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 20.6 | 27.9 | 28.7 | (40.0) | 42.0 | (80.1) | 1.4 | 9.3 | 20.6 | (7.2) | (10.4) | (6.6) | (2.7) | 12.0 | 1.3 | 8.0 | 6.5 | ||||||||
| Pre-Tax Income | (217.6) | (188.9) | (129.8) | (205.9) | (93.3) | (198.3) | (115.2) | (106.8) | (116.3) | (108.9) | (51.5) | (183.9) | (113.1) | (95.4) | (91.0) | (71.7) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | (0.2) | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | 0.0 | 0.0 | 0.1 | - | - | - | - |
| Net Income From Continuing Ops | (217.7) | (188.9) | (129.9) | (206.0) | (93.4) | (198.1) | (115.3) | (106.9) | (116.5) | (109.1) | (51.6) | (184.1) | (113.1) | (95.4) | (91.0) | (71.7) | (59.2) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (217.7) | (188.9) | (129.9) | (206.0) | (93.4) | (198.1) | (115.3) | (106.9) | (116.5) | (109.1) | (51.6) | (184.1) | (113.1) | (95.4) | (91.0) | (71.7) | (59.2) | ||||||||
| Net Income Attributable To Parent | (217.7) | (188.9) | (129.9) | (206.0) | (93.4) | (198.1) | (115.3) | (106.9) | (116.5) | (109.1) | (51.6) | (184.1) | (113.1) | (95.4) | (91.0) | (71.7) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (217.7) | (188.9) | (129.9) | (206.0) | (93.4) | (198.1) | (115.3) | (106.9) | (116.5) | (109.1) | (51.6) | (184.1) | (113.1) | (95.4) | (91.0) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.28) | - | (0.20) | (0.36) | (0.17) | - | (0.29) | (0.32) | (0.36) | - | (0.19) | (0.73) | (0.46) | - | (0.38) | (0.30) | (0.25) | - | (2.00) | (0.56) | (1.70) | - | (0.14) | - | - |
| EPS Diluted | (0.28) | - | (0.20) | (0.36) | (0.17) | - | (0.29) | (0.32) | (0.36) | - | (0.19) | (0.73) | (0.46) | - | (0.38) | (0.30) | (0.25) | - | |||||||
| Shares Basic | 766.9 | - | 660.9 | 579.2 | 540.4 | - | 397.5 | 334.1 | 320.3 | - | 277.7 | 251.0 | 247.3 | - | 240.3 | 238.1 | 239.8 | - | |||||||
| Shares Diluted | 766.9 | - | 660.9 | 579.2 | 540.4 | - | 397.5 | 334.1 | 320.3 | - | 277.7 | 251.0 | 247.3 | - | 240.3 | 238.1 | 239.8 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (246.8) | (228.4) | (169.7) | (171.3) | (139.9) | (120.8) | (118.8) | (118.5) | (139.9) | (104.5) | (44.4) | (180.4) | (111.1) | (107.3) | (92.8) | (79.5) | (64.7) | (52.9) | (175.9) | (33.5) | (94.7) | - | (7.3) | - | - |
| EBIT | (254.6) | (234.4) | (174.8) | (176.1) | (144.0) | (124.2) | (122.1) | (121.2) | (142.2) | (107.3) | (46.2) | (181.4) | (112.0) | (108.1) | (93.8) | (80.2) | (65.3) | (53.3) | (176.3) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | 168.4 | 165.1 | 176.7 | 3.5 |
| Depreciation & Amortization | 23.7 | 20.0 | 11.7 | 6.5 | 3.1 | 1.3 | 0.1 |
| Amortization of Intangibles | - | 0.9 | 0.1 | - | - | 0.0 | 0.0 |
| Other Operating Expenses | - | - | - | 3.6 | - | - | - |
| Total Operating Expenses | 841.8 | 729.6 | 509.7 | 446.9 | 347.4 | 358.3 | 24.6 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 37.2 | 58.6 | (48.8) | (26.9) | 27.8 | 10.6 | 0.0 |
| Pre-Tax Income | (742.2) | (617.9) | (536.6) | (457.4) | (317.3) | (347.8) | (24.8) |
| (24.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (742.5) | (618.2) | (536.8) | (457.9) | (317.3) | (347.8) | (24.8) |
| Net Income Attributable To Parent | (742.5) | (618.2) | (536.8) | (457.9) | (317.3) | (347.8) | (24.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (742.5) | (618.2) | (536.8) | (457.9) | (317.3) | (347.8) | (24.8) |
| Shares Basic | 766.9 | 624.3 | 376.7 | 270.4 | 240.5 | 110.8 | 50.2 |
| Shares Diluted | 766.9 | 624.3 | 376.7 | 270.4 | 240.5 | 110.8 | 50.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 33.6 |
| 114.1 |
| 22.4 |
| 6.6 |
| - |
| 0.6 |
| - |
| - |
| 0.6 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.2 |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 65.3 |
| 53.3 |
| 176.3 |
| 33.8 |
| 94.9 |
| - |
| 7.3 |
| - |
| - |
| 0.5 |
| - |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.5 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| (59.2) |
| (43.3) |
| (176.7) |
| (32.9) |
| (94.9) |
| - |
| (7.3) |
| - |
| - |
| (135.8) |
| (176.7) |
| (32.9) |
| (2.4) |
| (8.6) |
| (7.3) |
| (4.9) |
| (4.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (135.8) |
| (176.7) |
| (32.9) |
| (2.4) |
| (8.6) |
| (7.3) |
| (4.9) |
| (4.0) |
| (59.2) |
| (43.3) |
| (176.7) |
| (32.9) |
| (94.9) |
| (8.6) |
| (7.3) |
| (4.9) |
| (4.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (71.7) |
| (59.2) |
| (43.3) |
| (176.7) |
| (32.9) |
| (94.9) |
| (8.6) |
| (7.3) |
| (4.9) |
| (4.0) |
| (2.00) |
| (0.56) |
| (1.70) |
| - |
| (0.14) |
| - |
| - |
| 88.4 |
| 58.5 |
| 55.8 |
| - |
| 50.5 |
| - |
| - |
| 88.4 |
| 58.5 |
| 55.8 |
| - |
| 50.5 |
| - |
| - |
| (33.8) |
| (94.9) |
| - |
| (7.3) |
| - |
| - |