| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | - | 0.0 | 0.0 | 0.0 | 0.0 | (0.7) | 0.4 | (1.0) | 88.6 | 108.4 | 102.7 | 98.2 | 71.4 | - | 0.3 | - | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | - | 0.0 | 87.4 | 380.8 | 22.2 | 0.3 |
| Cost of Revenue | - | 0.0 | 6.0 | 25.4 | 3.0 | - |
| Gross Profit | - | 0.0 | 81.4 | 355.3 | 19.2 | - |
| Operating Expenses | ||||||
| Research & Development | 95.9 | 90.4 | 104.1 | 128.2 | 93.5 | 44.0 |
| Selling General & Administrative | 63.4 | 62.9 | 114.3 | 188.4 | 127.1 | 38.9 |
| Operating Income | ||||||
| Operating Income | (159.3) | (153.3) | (314.7) | 38.8 | (201.3) | (82.7) |
| Non-Operating | ||||||
| Interest Income | 9.6 | 9.3 | 13.8 | 16.2 | 4.3 | 0.0 |
| Interest Expense | - | - | - | - | - | - |
| Income From Equity Investments | ||||||
| Tax & Net | ||||||
| Income Tax Expense | - | 0.0 | (0.4) | 5.0 | 0.8 | - |
| Net Income From Continuing Ops | (150.1) | (144.7) | (301.7) | 49.3 | (198.4) | (87.9) |
| Net Income From Discontinued Ops | ||||||
| Per Share | ||||||
| EPS Basic | (1.36) | (1.53) | (4.43) | 0.73 | (3.39) | (13.35) |
| EPS Diluted | (1.36) | (1.53) | (4.43) | 0.70 | (3.39) | (13.35) |
| Shares Basic | ||||||
| Supplementary Data | ||||||
| EBITDA | - | (152.8) | (313.8) | 39.9 | (200.9) | (82.6) |
| EBIT | (159.3) | (153.3) | (314.7) | 38.8 | (201.3) | (82.7) |
| - |
| - |
| 0.3 |
| - |
| - |
| Cost of Revenue | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.9 | 9.4 | 5.2 | 5.6 | 5.3 | - | 0.2 | - | - | - | - | - | - |
| Gross Profit | - | 0.0 | 0.0 | 0.0 | 0.0 | (0.7) | 0.4 | (1.0) | 82.7 | 99.1 | 97.5 | 92.6 | 66.1 | - | 0.2 | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 27.6 | 21.2 | 19.9 | 27.2 | 22.1 | 22.9 | 21.2 | 23.3 | 36.6 | 44.9 | 30.0 | 29.0 | 24.2 | 22.8 | 24.9 | 24.3 | 21.5 | 13.4 | 12.9 | 10.9 | 6.9 |
| Selling General & Administrative | 16.2 | 15.4 | 16.2 | 15.6 | 15.7 | 17.1 | 17.8 | 21.6 | 57.8 | 52.2 | 48.7 | 43.4 | 44.0 | 40.8 | 29.9 | 30.0 | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.0 | 26.4 | ||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.2 | - | - | - | 0.3 | - | - | - | 0.2 | - | - | - | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 43.8 | 36.6 | 36.0 | 42.9 | 37.8 | 40.0 | 76.1 | 75.3 | 210.8 | 106.5 | 84.0 | 78.0 | 73.5 | 66.5 | 55.0 | 54.3 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (43.8) | (36.6) | (36.0) | (42.9) | (37.8) | (40.7) | (75.7) | (76.3) | (122.1) | 1.9 | 18.7 | 20.2 | (2.1) | (44.6) | (54.7) | (54.3) | (47.8) | (28.3) | (22.9) | (18.6) | (12.9) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 2.6 | 3.3 | 1.8 | 2.0 | 2.2 | 2.3 | 3.1 | 4.1 | 4.3 | 4.4 | 4.2 | 3.9 | 3.7 | 3.2 | 0.6 | 0.4 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | 2.5 | 3.7 | 1.6 | 1.4 | 1.9 | 2.5 | 3.0 | 3.6 | 3.6 | 4.5 | 3.7 | 3.8 | 3.5 | 2.5 | 0.8 | 0.4 | 0.1 | ||||
| Pre-Tax Income | - | (33.0) | (34.4) | (41.4) | (35.9) | (38.2) | (72.7) | (72.7) | (118.6) | 6.5 | 22.4 | 24.0 | 1.4 | (42.1) | (53.9) | (53.9) | |||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | (0.6) | 0.0 | 0.0 | 0.2 | 1.7 | 1.5 | 1.9 | (0.2) | 0.6 | (0.1) | 0.2 | 0.1 | - | - | - | - |
| Net Income From Continuing Ops | (41.3) | (33.0) | (34.4) | (41.4) | (35.9) | (37.5) | (72.7) | (72.7) | (118.8) | 4.7 | 20.9 | 22.1 | 1.6 | (42.7) | (53.8) | (54.1) | (47.8) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (41.3) | (33.0) | (34.4) | (41.4) | (35.9) | (37.5) | (72.7) | (72.7) | (118.8) | 4.7 | 20.9 | 22.1 | 1.6 | (42.7) | (53.8) | (54.1) | (47.8) | ||||
| Net Income Attributable To Parent | (41.3) | (33.0) | (34.4) | (41.4) | (35.9) | (37.5) | (72.7) | (72.7) | (118.8) | 4.7 | 20.9 | 22.1 | 1.6 | (42.7) | (53.8) | (54.1) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (41.3) | (33.0) | (34.4) | (41.4) | (35.9) | (37.5) | (72.7) | (72.7) | (118.8) | 4.7 | 20.9 | 22.1 | 1.6 | (42.7) | (53.8) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.37) | - | (0.37) | (0.46) | (0.42) | - | (1.07) | (1.07) | (1.75) | - | 0.31 | 0.33 | 0.02 | - | (0.92) | (0.93) | (0.93) | - | (3.42) | (3.41) | - |
| EPS Diluted | (0.37) | - | (0.37) | (0.46) | (0.42) | - | (1.07) | (1.07) | (1.75) | - | 0.30 | 0.31 | 0.02 | - | (0.92) | (0.93) | (0.93) | - | |||
| Shares Basic | 110.6 | - | 93.3 | 89.1 | 85.7 | - | 68.1 | 68.0 | 67.9 | - | 67.4 | 67.2 | 66.7 | - | 58.5 | 58.3 | 51.6 | - | |||
| Shares Diluted | 110.6 | - | 93.3 | 89.1 | 85.7 | - | 68.1 | 68.0 | 67.9 | - | 69.7 | 70.1 | 70.9 | - | 58.5 | 58.3 | 51.6 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (43.7) | - | - | - | (37.6) | - | - | - | (121.8) | - | - | - | (1.8) | - | - | - | (47.8) | - | - | - | (12.9) |
| EBIT | (43.8) | (36.6) | (36.0) | (42.9) | (37.8) | (40.7) | (75.7) | (76.3) | (122.1) | 1.9 | 18.7 | 20.2 | (2.1) | (44.6) | (54.7) | (54.3) | (47.8) | (28.3) | (22.9) | ||
| Selling & Marketing | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - |
| Depreciation & Amortization | - | 0.5 | 0.9 | 1.1 | 0.5 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - |
| Total Operating Expenses | 159.3 | 153.3 | 402.1 | 342.0 | 223.6 | 83.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| Other Non-Operating Income | 9.2 | 8.6 | 12.6 | 15.5 | 3.7 | (5.2) |
| Pre-Tax Income | - | (144.7) | (302.1) | 54.3 | (197.6) | (87.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| Net Income | (150.1) | (144.7) | (301.7) | 49.3 | (198.4) | (87.9) |
| Net Income Attributable To Parent | (150.1) | (144.7) | (301.7) | 49.3 | (198.4) | (87.9) |
| Less: Minority Interest | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - |
| Net Income To Common Shareholders | (150.1) | (144.7) | (301.7) | 49.3 | (198.4) | (87.9) |
| 110.6 |
| 94.6 |
| 68.1 |
| 67.2 |
| 58.5 |
| 6.6 |
| Shares Diluted | 110.6 | 94.6 | 68.1 | 70.0 | 58.5 | 6.6 |
| 26.4 |
| - |
| 10.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.7 |
| 6.0 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 47.8 |
| 28.3 |
| 23.2 |
| 18.6 |
| 12.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.2) |
| (3.3) |
| (1.7) |
| (47.7) |
| (28.3) |
| (23.1) |
| (21.9) |
| (14.5) |
| (28.3) |
| (23.1) |
| (21.9) |
| (14.5) |
| - |
| - |
| - |
| - |
| (28.3) |
| (23.1) |
| (21.9) |
| (14.5) |
| (47.8) |
| (28.3) |
| (23.1) |
| (21.9) |
| (14.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (54.1) |
| (47.8) |
| (28.3) |
| (23.1) |
| (21.9) |
| (14.5) |
| (3.42) |
| (3.41) |
| - |
| 6.8 |
| 6.4 |
| - |
| 6.8 |
| 6.4 |
| - |
| (18.6) |
| (12.9) |