| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||
| Revenues | 4.2 | 16.7 | 4.9 | 1.2 | 1.1 | 1.2 | 1.1 | 1.0 | 0.8 | 0.4 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Cost of Revenue | 2.5 | 14.6 | 4.5 | 0.6 | 0.8 | 0.6 | 0.8 | 0.6 | 0.6 | 0.3 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Gross Profit | 1.7 | 2.1 | 0.4 | 0.6 | 0.3 | 0.6 | 0.3 | 0.4 | 0.3 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Operating Expenses | |||||||||||||||||
| Research & Development | 5.3 | 6.8 | 3.1 | 0.9 | 1.5 | 1.4 | 1.0 | 0.5 | 0.2 | 0.1 | 0.2 | 0.3 | 0.2 | - | 0.7 | ||
| Operating Income | |||||||||||||||||
| Operating Income | (24.9) | (25.0) | (15.0) | (12.0) | (8.0) | (7.6) | (5.4) | (7.5) | (5.8) | (4.0) | (3.9) | (4.3) | (3.7) | - | |||
| Non-Operating | |||||||||||||||||
| Interest Income | 3.0 | 3.5 | 1.8 | 0.9 | 0.5 | 0.6 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | |
| Tax & Net | |||||||||||||||||
| Income Tax Expense | (0.0) | 0.2 | 0.1 | 0.1 | (0.1) | 0.2 | (0.0) | 0.0 | (0.0) | (0.0) | 0.0 | 0.0 | 0.0 | - | - | ||
| Per Share | |||||||||||||||||
| EPS Basic | (0.06) | - | (0.15) | (1.03) | (0.12) | - | (0.12) | (0.24) | (0.16) | - | (0.14) | (0.14) | (0.12) | - | (0.06) | (0.03) | |
| Supplementary Data | |||||||||||||||||
| EBITDA | (21.8) | - | - | - | (7.8) | - | - | - | (5.7) | (4.0) | (3.9) | (4.3) | (3.7) | - | (2.0) | (0.8) | |
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|
| Revenues | |||||
| Revenues | 26.9 | 23.8 | 4.1 | 0.4 | 0.0 |
| Cost of Revenue | 22.2 | 20.4 | 2.5 | 0.3 | 0.0 |
| Gross Profit | 4.7 | 3.4 | 1.6 | 0.1 | 0.0 |
| Operating Expenses | |||||
| Research & Development | 16.1 | 12.4 | 3.1 | 0.8 | 1.3 |
| Selling General & Administrative | - | - | - | - | - |
| Selling & Marketing | - | ||||
| Operating Income | |||||
| Operating Income | (76.8) | (59.9) | (26.4) | (16.0) | (5.1) |
| Non-Operating | |||||
| Interest Income | 9.3 | 6.8 | 1.2 | 0.0 | 0.0 |
| Interest Expense | 2.2 | 0.6 | 0.3 | 0.1 | 0.0 |
| Income From Equity Investments | - | - | |||
| Tax & Net | |||||
| Income Tax Expense | 0.3 | 0.3 | 0.1 | (0.0) | 0.0 |
| Net Income From Continuing Ops | (178.1) | (159.8) | (32.4) | (16.3) | (4.9) |
| Net Income From Discontinued Ops | - | ||||
| Per Share | |||||
| EPS Basic | (1.31) | (2.11) | (0.63) | (0.49) | (0.18) |
| EPS Diluted | (1.31) | (2.11) | (0.63) | (0.49) | - |
| Shares Basic | 121.0 | 83.0 | |||
| Supplementary Data | |||||
| EBITDA | - | (58.0) | (25.9) | (16.0) | (5.1) |
| EBIT | (76.8) | (59.9) | (26.4) | (16.0) | (5.1) |
| 0.2 |
| 0.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | 0.5 | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 21.3 | 17.5 | 12.3 | 11.7 | 6.7 | 6.8 | 4.7 | 7.4 | 5.9 | 4.1 | 3.7 | 4.1 | 3.5 | - | 1.2 | 0.7 | 0.6 |
| Depreciation & Amortization | 3.1 | - | - | - | 0.1 | - | - | - | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Amortization of Intangibles | 33.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 26.6 | 27.1 | 15.4 | 12.5 | 8.3 | 8.3 | 5.7 | 7.9 | 6.1 | 4.2 | 3.9 | 4.3 | 3.7 | - | 2.0 | 0.8 | 0.9 |
| (2.0) |
| (0.8) |
| (0.9) |
| - |
| Interest Expense | 1.7 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (1.8) | (38.1) | 2.1 | (63.1) | (0.6) | (1.4) | (1.9) | (1.4) | (1.2) | (0.2) | (0.3) | 0.1 | 0.1 | - | (0.0) | 0.0 | 0.0 |
| Pre-Tax Income | (26.7) | (63.1) | (12.8) | (75.1) | (8.5) | (9.1) | (7.4) | (8.9) | (7.0) | (4.2) | (4.2) | (4.3) | (3.6) | - | - | - | - |
| - |
| - |
| Net Income From Continuing Ops | (26.7) | (63.3) | (12.9) | (75.2) | (8.5) | (9.2) | (7.4) | (8.9) | (7.0) | (4.2) | (4.2) | (4.3) | (3.6) | - | (2.0) | (0.8) | (0.9) |
| Net Income From Discontinued Ops | 0.2 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (7.1) | (63.3) | (12.9) | (75.2) | (8.5) | (9.2) | (7.4) | (8.9) | (7.0) | (4.2) | (4.2) | (4.3) | (3.6) | - | (2.0) | (0.8) | (0.9) |
| Net Income Attributable To Parent | (7.1) | (63.3) | (12.9) | (75.2) | (8.5) | (9.2) | (7.4) | (8.9) | (7.0) | (4.2) | (4.2) | (4.3) | (3.6) | - | (2.0) | (0.8) | (0.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | (0.0) | - | - | - | 0.0 | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (7.1) | (63.3) | (12.9) | (75.2) | (8.5) | (9.2) | (7.4) | (8.9) | (7.0) | (4.2) | (4.2) | (4.3) | (3.6) | - | (2.0) | (0.8) | (0.9) |
| (0.03) |
| EPS Diluted | (0.06) | - | (0.15) | (1.03) | (0.12) | - | (0.12) | (0.24) | (0.16) | - | (0.14) | - | - | - | (0.06) | - | - |
| Shares Basic | 121.0 | - | 88.6 | 73.0 | 69.5 | - | 61.5 | 49.1 | 44.6 | - | 31.1 | - | - | - | 30.1 | - | - |
| Shares Diluted | 121.0 | - | 88.6 | 73.0 | 69.5 | - | 61.5 | 49.1 | 44.6 | - | 31.1 | - | - | - | 30.1 | - | - |
| - |
| EBIT | (24.9) | (25.0) | (15.0) | (12.0) | (8.0) | (7.6) | (5.4) | (7.5) | (5.8) | (4.0) | (3.9) | (4.3) | (3.7) | - | (2.0) | (0.8) | (0.9) |
| - |
| - |
| - |
| - |
| General & Administrative | 62.8 | 48.2 | 24.8 | 15.4 | 3.8 |
| Depreciation & Amortization | - | 1.9 | 0.5 | 0.0 | 0.0 |
| Amortization of Intangibles | - | 0.2 | 0.0 | - | - |
| Other Operating Expenses | - | - | - | - | - |
| Total Operating Expenses | 81.6 | 63.3 | 28.0 | 16.2 | 5.1 |
| - |
| - |
| - |
| Other Non-Operating Income | (100.9) | (99.7) | (6.0) | (0.3) | 0.2 |
| Pre-Tax Income | (177.8) | (159.6) | (32.3) | (16.3) | (4.9) |
| - |
| - |
| - |
| - |
| Net Income | (158.5) | (159.8) | (32.4) | (16.3) | (4.9) |
| Net Income Attributable To Parent | (158.5) | (159.8) | (32.4) | (16.3) | (4.9) |
| Less: Minority Interest | - | - | - | (0.0) | 0.0 |
| Less: Preferred Dividends | - | - | - | - | - |
| Net Income To Common Shareholders | (158.5) | (159.8) | (32.4) | (16.3) | (4.9) |
| 55.7 |
| 33.1 |
| 26.8 |
| Shares Diluted | 121.0 | 83.0 | 55.7 | 33.1 | - |