| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||
| Revenues | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 36.9 | 25.2 | 20.0 | 38.8 | 16.5 | 8.5 | 3.1 | 0.8 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (41.4) | (29.7) | (26.7) | (45.0) | (25.5) | (14.5) | (6.6) | (1.6) |
| Non-Operating | ||||||||
| Interest Income | 0.6 | 0.7 | 0.3 | 0.7 | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.0 | 0.0 | - | - | - | - | - | - |
| Net Income From Continuing Ops | (40.9) | (28.9) | (24.6) | (56.2) | (25.3) | |||
| Per Share | ||||||||
| EPS Basic | (1.47) | (1.40) | (2.02) | (6.23) | (3.10) | (1.90) | (0.87) | - |
| EPS Diluted | (1.47) | (1.40) | (2.31) | (6.23) | (3.10) | (1.90) | ||
| Supplementary Data | ||||||||
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | (41.4) | (29.7) | (26.7) | (45.0) | (25.5) | (14.5) | (6.6) | |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 16.7 | 8.8 | 6.3 | 5.2 | 5.0 | 5.0 | 2.7 | 5.8 | 6.5 | 8.9 | 13.8 | 8.3 | 7.8 | 6.2 | 4.1 | 4.0 | 2.1 | 2.9 | 1.4 | 1.8 | 2.4 | 1.4 | 0.7 | 0.9 | 0.1 | 0.8 | 0.0 | 0.0 | 0.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 1.3 | 1.0 | 1.1 | 1.1 | 1.3 | 1.7 | 1.7 | 2.0 | 1.3 | 1.5 | 1.0 | 1.5 | 2.2 | 1.6 | 2.4 | 1.9 | 3.1 | ||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 18.0 | 9.7 | 7.4 | 6.3 | 6.3 | 6.7 | 4.4 | 7.8 | 7.8 | 10.4 | 14.9 | 9.8 | 10.0 | 7.8 | 6.5 | 6.0 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (18.0) | (9.7) | (7.4) | (6.3) | (6.3) | (6.7) | (4.4) | (7.8) | (7.8) | (10.4) | (14.9) | (9.8) | (10.0) | (7.8) | (6.5) | (6.0) | (5.3) | (5.9) | (2.9) | (2.5) | (3.2) | (1.9) | (1.6) | (2.5) | (0.6) | (0.9) | (0.2) | (0.3) | (0.2) |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | - | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 0.4 | (0.1) | 0.2 | 0.1 | 0.7 | 0.9 | (8.3) | 2.7 | 6.7 | (11.8) | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | (12.6) | (5.0) | (1.1) | (22.2) | (14.7) | (9.5) | (9.7) | (7.7) | (6.4) | (5.9) | (5.2) | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (17.6) | (9.8) | (7.3) | (6.2) | (5.5) | (5.9) | (12.6) | (5.0) | (1.1) | (22.2) | (14.7) | (9.5) | (9.7) | (7.7) | (6.4) | (5.9) | (5.2) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (17.6) | (9.8) | (7.3) | (6.2) | (5.5) | (5.9) | (12.6) | (5.0) | (1.1) | (22.2) | (14.7) | (9.5) | (9.7) | (7.7) | (6.4) | (5.9) | (5.2) | ||||||||||||
| Net Income Attributable To Parent | (17.6) | (9.8) | (7.3) | (6.2) | (5.5) | (5.9) | (12.6) | (5.0) | (1.1) | (22.2) | (14.7) | (9.5) | (9.7) | (7.7) | (6.4) | (5.9) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (17.6) | (9.8) | (7.3) | (6.2) | (5.5) | (5.9) | (12.6) | (5.0) | (1.1) | (22.2) | (14.7) | (9.5) | (9.7) | (7.7) | (6.4) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.63) | - | (0.37) | (0.32) | (0.32) | - | (0.97) | (0.44) | (0.10) | - | (1.63) | (1.07) | (1.19) | - | (0.79) | (0.73) | (0.64) | - | (0.35) | (0.34) | (0.46) | - | (0.15) | - | - | - | - | - | - |
| EPS Diluted | (0.63) | - | (0.37) | (0.32) | (0.32) | - | (0.97) | (0.44) | (0.72) | - | (1.63) | (1.07) | (1.07) | - | (0.79) | (0.73) | (0.64) | - | |||||||||||
| Shares Basic | 27.8 | - | 19.7 | 19.5 | 17.4 | - | 13.0 | 11.3 | 10.6 | - | 9.0 | 9.0 | 8.2 | - | 8.2 | 8.2 | 8.2 | - | |||||||||||
| Shares Diluted | 27.8 | - | 19.7 | 19.5 | 17.4 | - | 13.0 | 11.3 | 10.8 | - | 9.0 | 9.0 | 9.0 | - | 8.2 | 8.2 | 8.2 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (18.0) | (9.7) | (7.4) | (6.3) | (6.3) | (6.7) | (4.4) | (7.8) | (7.8) | (10.4) | (14.9) | (9.8) | (10.0) | (7.8) | (6.5) | (6.0) | (5.3) | (5.9) | (2.9) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 4.5 | 4.5 | 6.7 | 6.2 | 9.0 | 6.1 | 3.6 | 0.8 |
| Depreciation & Amortization | - | - | - | - | - | - | - | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 41.4 | 29.7 | 26.7 | 45.0 | 25.5 | 14.5 | 6.6 | 1.6 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.5 | 0.8 | 2.1 | (11.2) | 0.2 | 0.1 | 1.2 | 0.6 |
| Pre-Tax Income | - | - | - | (56.2) | (25.3) | (14.5) | (5.5) | (1.0) |
| (14.5) |
| (5.5) |
| (1.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (40.9) | (28.9) | (24.6) | (56.2) | (25.3) | (14.5) | (5.5) | (1.0) |
| Net Income Attributable To Parent | (40.9) | (28.9) | (24.6) | (56.2) | (25.3) | (14.5) | (5.5) | (1.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (40.9) | (28.9) | (24.6) | (56.2) | (25.3) | (14.5) | (5.5) | (1.0) |
| (0.87) |
| - |
| Shares Basic | 27.8 | 20.6 | 12.2 | 9.0 | 8.2 | 7.6 | 6.3 | - |
| Shares Diluted | 27.8 | 20.6 | 12.2 | 9.0 | 8.2 | 7.6 | 6.3 | - |
| (1.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.0 |
| 1.5 |
| 0.7 |
| 0.8 |
| 0.5 |
| 0.9 |
| 1.7 |
| 0.5 |
| 0.1 |
| 0.2 |
| 0.3 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.3 |
| 5.9 |
| 2.9 |
| 2.5 |
| 3.2 |
| 1.9 |
| 1.6 |
| 2.5 |
| 0.6 |
| 0.9 |
| 0.2 |
| 0.3 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.2 |
| 0.6 |
| 0.2 |
| 0.1 |
| 0.7 |
| (0.0) |
| (0.0) |
| (0.0) |
| (5.9) |
| (2.8) |
| (2.5) |
| (3.2) |
| (1.7) |
| (1.0) |
| (2.3) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.3) |
| (0.2) |
| (5.9) |
| (2.8) |
| (2.5) |
| (3.2) |
| (1.7) |
| (1.0) |
| (2.3) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.3) |
| (0.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.9) |
| (2.8) |
| (2.5) |
| (3.2) |
| (1.7) |
| (1.0) |
| (2.3) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.3) |
| (0.2) |
| (5.2) |
| (5.9) |
| (2.8) |
| (2.5) |
| (3.2) |
| (1.7) |
| (1.0) |
| (2.3) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.3) |
| (0.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.9) |
| (5.2) |
| (5.9) |
| (2.8) |
| (2.5) |
| (3.2) |
| (1.7) |
| (1.0) |
| (2.3) |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.3) |
| (0.2) |
| (0.35) |
| (0.34) |
| (0.46) |
| - |
| (0.15) |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.1 |
| 7.4 |
| 6.9 |
| - |
| 6.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.1 |
| 7.4 |
| 7.4 |
| - |
| 6.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.5) |
| (3.2) |
| (1.9) |
| (1.6) |
| (2.5) |
| (0.6) |
| (0.9) |
| (0.2) |
| (0.3) |
| (0.2) |