| (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 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | - | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.4 | 0.0 | 0.0 | - | 0.0 | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||
| Revenues | - | 0.2 | 0.2 | 0.4 | 10.4 | 0.0 | 10.5 | 0.4 | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||
| Research & Development | 55.7 | 60.2 | 54.4 | 42.3 | 42.8 | 23.3 | 17.3 | 14.0 | 20.4 | 30.1 | 42.8 | 34.5 | 16.8 | 13.8 |
| Operating Income | ||||||||||||||
| Operating Income | (73.3) | (77.6) | (67.9) | (54.9) | (46.4) | (34.0) | (15.9) | (23.0) | (32.8) | (47.1) | (57.9) | (47.6) | (23.6) | (19.5) |
| Non-Operating | ||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | ||||||||||||||
| Tax & Net | ||||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | (0.0) | - | - | - |
| Net Income From Continuing Ops | ||||||||||||||
| Per Share | ||||||||||||||
| EPS Basic | (0.71) | (0.80) | (0.86) | (0.94) | (1.60) | (1.77) | (1.77) | - | - | - | - | - | - | - |
| EPS Diluted | ||||||||||||||
| Supplementary Data | ||||||||||||||
| EBITDA | - | (77.0) | (67.2) | (54.3) | (46.2) | (33.5) | (15.3) | (22.3) | (32.1) | (46.4) | (57.0) | (46.7) | (22.7) | (18.8) |
| EBIT | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| 2.1 |
| 0.1 |
| 0.2 |
| 8.1 |
| - |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 7.3 | 10.9 | 22.1 | 15.4 | 11.8 | 12.2 | 14.8 | 14.0 | 13.4 | 12.8 | 10.3 | 9.8 | 9.4 | 14.9 | 9.9 | 9.1 | 8.9 | 6.0 | 5.1 | 7.7 | 4.5 | 4.7 | 4.6 | 4.4 | 3.6 | 3.6 | 3.8 | 3.3 | 3.3 | 3.5 | 4.2 | 6.5 | 6.2 | 5.3 | 7.1 | 8.4 | 9.2 | 9.1 | 10.4 | 11.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 4.1 | 3.9 | 4.8 | 4.9 | 4.0 | 3.6 | 3.3 | 3.3 | 3.5 | 3.2 | 2.6 | 3.7 | 3.4 | 3.4 | 3.6 | 3.4 | 3.5 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.2 | - | - | - | 0.2 | - | - | - | 0.2 | - | - | - | 0.1 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 11.4 | 14.8 | 26.9 | 20.3 | 15.8 | 15.8 | 18.1 | 17.3 | 16.9 | 16.0 | 13.0 | 13.6 | 12.8 | 18.3 | 13.5 | 12.6 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (11.4) | (14.8) | (26.7) | (20.3) | (15.8) | (15.8) | (18.1) | (17.3) | (16.6) | (16.0) | (12.6) | (13.6) | (12.8) | (8.0) | (13.5) | (12.6) | (12.4) | (8.6) | (7.7) | (10.4) | (7.2) | (4.9) | (6.5) | (6.3) | 1.9 | (6.0) | (5.5) | (5.6) | (5.9) | (6.0) | (6.7) | (10.0) | (10.2) | (11.2) | (10.8) | (11.9) | (13.2) | (12.5) | (13.9) | (15.4) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 0.6 | 0.8 | 1.0 | 0.8 | 0.9 | 0.9 | 0.9 | 1.0 | 1.1 | 1.2 | 1.3 | 1.2 | 0.8 | 0.4 | 0.2 | 0.2 | 0.2 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (10.8) | (14.0) | (25.7) | (19.5) | (14.9) | (15.0) | (17.3) | (16.3) | (15.5) | (14.8) | (11.3) | (12.3) | (12.0) | (7.5) | (13.2) | (12.4) | (12.2) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (10.8) | (14.0) | (25.7) | (19.5) | (14.9) | (15.0) | (17.3) | (16.3) | (15.5) | (14.8) | (11.3) | (12.3) | (12.0) | (7.5) | (13.2) | (12.4) | (12.2) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (10.8) | (14.0) | (25.7) | (19.5) | (14.9) | (15.0) | (17.3) | (16.3) | (15.5) | (14.8) | (11.3) | (12.3) | (12.0) | (7.5) | (13.2) | (12.4) | ||||||||||||||||||||||||
| Less: Minority Interest | (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) | |||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (10.8) | (14.0) | (25.7) | (19.5) | (14.9) | (15.0) | (17.3) | (16.3) | (15.5) | (14.8) | (11.3) | (12.3) | (12.0) | (7.5) | (13.2) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.11) | - | (0.26) | (0.22) | (0.17) | - | (0.23) | (0.23) | (0.23) | - | (0.20) | (0.22) | (0.29) | - | (0.46) | (0.44) | (0.44) | - | (0.42) | (0.64) | (0.51) | - | - | - | 0.25 | - | - | - | (2.54) | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.11) | - | (0.26) | (0.22) | (0.17) | - | (0.23) | (0.23) | (0.23) | - | (0.20) | (0.22) | (0.29) | - | (0.46) | (0.44) | (0.44) | - | ||||||||||||||||||||||
| Shares Basic | 98.0 | - | 97.2 | 90.1 | 86.5 | - | 75.8 | 72.3 | 66.1 | - | 57.9 | 55.1 | 41.9 | - | 28.7 | 28.1 | 27.8 | - | ||||||||||||||||||||||
| Shares Diluted | 98.0 | - | 97.2 | 90.1 | 86.5 | - | 75.8 | 72.3 | 66.1 | - | 57.9 | 55.1 | 41.9 | - | 28.7 | 28.1 | 27.8 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (11.3) | - | - | - | (15.6) | - | - | - | (16.5) | - | - | - | (12.7) | - | - | - | (12.3) | - | - | - | (7.1) | - | - | - | 2.0 | - | - | - | (5.7) | - | - | - | (10.0) | - | - | - | (13.0) | - | - | - |
| EBIT | (11.4) | (14.8) | (26.7) | (20.3) | (15.8) | (15.8) | (18.1) | (17.3) | (16.6) | (16.0) | (12.6) | (13.6) | (12.8) | (8.0) | (13.5) | (12.6) | (12.4) | (8.6) | (7.7) | |||||||||||||||||||||
| Selling General & Administrative |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 17.8 | 17.6 | 13.8 | 13.0 | 14.0 | 10.8 | 9.1 | 9.4 | 12.4 | 17.1 | 15.1 | 13.1 | 6.8 | 5.7 |
| Depreciation & Amortization | - | 0.7 | 0.7 | 0.6 | 0.2 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.9 | 0.9 | 0.8 | 0.7 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 73.5 | 77.8 | 68.1 | 55.3 | 56.8 | 34.0 | 26.4 | 23.4 | 32.8 | 47.1 | 57.9 | 47.6 | 23.6 | 19.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 3.3 | 3.5 | 3.9 | 4.5 | 1.1 | 0.2 | (0.3) | (0.8) | (1.7) | (1.1) | 0.0 | (0.4) | (0.8) | (0.5) |
| Pre-Tax Income | - | (74.1) | (64.0) | (50.4) | (45.3) | (33.8) | (16.2) | (23.8) | (34.5) | (48.2) | (57.9) | (48.0) | (24.4) | (20.0) |
| (70.0) |
| (74.1) |
| (64.0) |
| (50.4) |
| (45.3) |
| (33.8) |
| (16.2) |
| (23.8) |
| (34.5) |
| (48.2) |
| (57.9) |
| (48.0) |
| (24.4) |
| (20.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (70.0) | (74.1) | (64.0) | (50.4) | (45.3) | (33.8) | (16.2) | (23.8) | (34.5) | (48.2) | (57.9) | (48.0) | (24.4) | (20.0) |
| Net Income Attributable To Parent | (70.0) | (74.1) | (64.0) | (50.4) | (45.3) | (33.8) | (16.2) | (16.2) | (34.5) | (48.2) | (57.9) | (48.0) | (24.4) | (20.0) |
| Less: Minority Interest | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.2) | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (70.0) | (74.1) | (64.0) | (50.4) | (45.3) | (33.8) | (16.2) | (16.2) | (34.5) | (48.2) | (57.9) | (48.0) | (24.8) | (21.7) |
| (0.71) |
| (0.80) |
| (0.86) |
| (0.94) |
| (1.60) |
| (1.77) |
| (1.77) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 98.0 | 93.0 | 74.3 | 53.6 | 28.4 | 19.1 | 9.2 | - | - | - | - | - | - | - |
| Shares Diluted | 98.0 | 93.0 | 74.3 | 53.6 | 28.4 | 19.1 | 9.2 | - | - | - | - | - | - | - |
| (73.3) |
| (77.6) |
| (67.9) |
| (54.9) |
| (46.4) |
| (34.0) |
| (15.9) |
| (23.0) |
| (32.8) |
| (47.1) |
| (57.9) |
| (47.6) |
| (23.6) |
| (19.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.7 |
| 2.6 |
| 2.8 |
| 2.7 |
| 2.3 |
| 2.0 |
| 2.1 |
| 2.6 |
| 2.5 |
| 1.9 |
| 2.4 |
| 2.5 |
| 2.4 |
| 2.5 |
| 3.5 |
| 4.1 |
| 5.9 |
| 3.7 |
| 3.5 |
| 4.0 |
| 3.4 |
| 3.5 |
| 4.1 |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.4 |
| 8.6 |
| 7.7 |
| 10.4 |
| 7.2 |
| 7.0 |
| 6.7 |
| 6.5 |
| 6.2 |
| 6.1 |
| 5.7 |
| 5.7 |
| 5.9 |
| 6.0 |
| 6.7 |
| 10.0 |
| 10.2 |
| 11.2 |
| 10.8 |
| 11.9 |
| 13.2 |
| 12.5 |
| 13.9 |
| 15.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.2) |
| (0.1) |
| (0.2) |
| (0.3) |
| (0.4) |
| (0.4) |
| (0.5) |
| (0.4) |
| (0.3) |
| (0.4) |
| (0.2) |
| (0.2) |
| (0.1) |
| 0.0 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.6) |
| (7.7) |
| (10.4) |
| (7.2) |
| (4.9) |
| (6.6) |
| (6.4) |
| 1.8 |
| (6.1) |
| (5.6) |
| (5.8) |
| (6.1) |
| (6.3) |
| (7.1) |
| (10.4) |
| (10.7) |
| (11.5) |
| (11.2) |
| (12.1) |
| (13.4) |
| (12.6) |
| (13.8) |
| (15.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.6) |
| (7.7) |
| (10.4) |
| (7.2) |
| (4.9) |
| (6.6) |
| (6.4) |
| 1.8 |
| (6.1) |
| (5.6) |
| (5.8) |
| (6.1) |
| (6.3) |
| (7.1) |
| (10.4) |
| (10.7) |
| (11.5) |
| (11.2) |
| (12.1) |
| (13.4) |
| (12.6) |
| (13.8) |
| (15.4) |
| (12.2) |
| (8.6) |
| (7.7) |
| (10.4) |
| (7.2) |
| (4.9) |
| (6.6) |
| (6.4) |
| 1.8 |
| 1.4 |
| (5.6) |
| (5.8) |
| (6.1) |
| (6.3) |
| (7.1) |
| (10.4) |
| (10.7) |
| (11.5) |
| (11.2) |
| (12.1) |
| (13.4) |
| (12.6) |
| (13.8) |
| (15.4) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.4) |
| (12.2) |
| (8.6) |
| (7.7) |
| (10.4) |
| (7.2) |
| (4.9) |
| (6.6) |
| (6.4) |
| 1.8 |
| 1.4 |
| (5.6) |
| (5.8) |
| (6.1) |
| (6.3) |
| (7.1) |
| (10.4) |
| (10.7) |
| (11.5) |
| (11.2) |
| (12.1) |
| (13.4) |
| (12.6) |
| (13.8) |
| (15.4) |
| (0.42) |
| (0.64) |
| (0.51) |
| - |
| - |
| - |
| 0.25 |
| - |
| - |
| - |
| (2.54) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.2 |
| 16.1 |
| 14.1 |
| - |
| - |
| - |
| 6.9 |
| - |
| - |
| - |
| 2.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.2 |
| 16.1 |
| 14.1 |
| - |
| - |
| - |
| 6.9 |
| - |
| - |
| - |
| 2.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.4) |
| (7.2) |
| (4.9) |
| (6.5) |
| (6.3) |
| 1.9 |
| (6.0) |
| (5.5) |
| (5.6) |
| (5.9) |
| (6.0) |
| (6.7) |
| (10.0) |
| (10.2) |
| (11.2) |
| (10.8) |
| (11.9) |
| (13.2) |
| (12.5) |
| (13.9) |
| (15.4) |