| (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 | 70.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 0.0 | 70.0 | 0.0 | - | - | - | 0.0 | 0.0 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 30.1 | 33.6 | 51.3 | 59.4 | 64.4 | 96.8 | 48.2 | 21.8 | 7.0 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (53.3) | 12.5 | (78.8) | (86.5) | (92.8) | (126.9) | (69.6) | (29.3) | (8.9) |
| 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 |
| Net Income From Continuing Ops | (43.2) | 22.4 | (69.7) | (82.4) | |||||
| Per Share | |||||||||
| EPS Basic | (0.75) | 0.39 | (1.27) | (1.88) | (2.52) | (3.47) | (2.05) | - | - |
| EPS Diluted | (0.75) | 0.39 | (1.27) | (1.88) | (2.52) | ||||
| Supplementary Data | |||||||||
| EBITDA | - | 12.8 | (78.4) | (86.0) | (92.3) | (126.7) | (69.5) | (29.3) | (8.9) |
| EBIT | (53.3) | 12.5 | (78.8) | (86.5) | (92.8) | ||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 7.0 | 6.3 | 7.4 | 9.3 | 10.5 | 12.3 | 12.9 | 12.6 | 13.5 | 15.3 | 16.2 | 13.2 | 14.8 | 14.6 | 15.8 | 16.2 | 17.8 | 19.7 | 27.6 | 26.7 | 22.8 | 17.8 | 12.9 | 10.2 | 7.4 | 7.5 | 5.6 | 5.6 | 3.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 4.3 | 4.0 | 3.5 | 4.1 | 5.0 | 6.0 | 5.2 | 9.6 | 6.7 | 5.6 | 7.9 | 6.9 | 6.8 | 7.2 | 6.3 | 7.0 | 7.9 | ||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 11.3 | 17.6 | 11.0 | 13.4 | 15.5 | 18.3 | 18.1 | 22.1 | 20.2 | 20.9 | 24.0 | 20.0 | 21.6 | 21.9 | 22.1 | 23.2 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (11.3) | (17.6) | (11.0) | (13.4) | 54.5 | (18.3) | (18.1) | (22.1) | (20.2) | (20.9) | (24.0) | (20.0) | (21.6) | (21.9) | (22.1) | (23.2) | (25.7) | (26.1) | (35.4) | (34.7) | (30.7) | (23.2) | (18.5) | (15.0) | (12.9) | (10.3) | (8.1) | (7.0) | (3.8) |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 2.2 | 2.5 | 2.5 | 2.9 | 2.0 | 2.3 | 2.6 | 2.2 | 2.0 | 1.4 | 1.0 | 0.9 | 0.7 | 3.0 | 0.5 | 0.2 | 0.2 | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (9.0) | (15.1) | (8.5) | (10.6) | 56.5 | (16.0) | (15.6) | (19.9) | (18.2) | (19.4) | (23.0) | (19.2) | (20.9) | (21.1) | (21.7) | (22.9) | (25.5) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (9.0) | (15.1) | (8.5) | (10.6) | 56.5 | (16.0) | (15.6) | (19.9) | (18.2) | (19.4) | (23.0) | (19.2) | (20.9) | (21.1) | (21.7) | (22.9) | (25.5) | ||||||||||||
| Net Income Attributable To Parent | (9.0) | (15.1) | (8.5) | (10.6) | 56.5 | (16.0) | (15.6) | (19.9) | (18.2) | (19.4) | (23.0) | (19.2) | (20.9) | (21.1) | (21.7) | (22.9) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (9.0) | (15.1) | (8.5) | (10.6) | 56.5 | (16.0) | (15.6) | (19.9) | (18.2) | (19.4) | (23.0) | (19.2) | (20.9) | (21.1) | (21.7) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.16) | - | (0.15) | (0.19) | 1.00 | - | (0.28) | (0.36) | (0.35) | - | (0.45) | (0.52) | (0.57) | - | (0.60) | (0.63) | (0.70) | - | (0.97) | (0.95) | (0.84) | - | (0.50) | (0.41) | (0.51) | - | - | - | - |
| EPS Diluted | (0.16) | - | (0.15) | (0.19) | 0.98 | - | (0.28) | (0.36) | (0.35) | - | (0.45) | (0.52) | (0.57) | - | (0.60) | (0.63) | (0.70) | - | |||||||||||
| Shares Basic | 57.2 | - | 56.9 | 56.8 | 56.7 | - | 56.5 | 55.2 | 51.8 | - | 50.9 | 36.5 | 36.5 | - | 36.3 | 36.3 | 36.3 | - | |||||||||||
| Shares Diluted | 57.2 | - | 56.9 | 56.8 | 57.7 | - | 56.5 | 55.2 | 51.8 | - | 50.9 | 36.5 | 36.5 | - | 36.3 | 36.3 | 36.3 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (11.2) | - | - | - | 54.6 | - | - | - | (20.2) | - | - | - | (21.4) | - | - | - | (25.6) | - | - | - | (30.7) | - | - | - | (12.9) | - | - | - | (3.8) |
| EBIT | (11.3) | (17.6) | (11.0) | (13.4) | 54.5 | (18.3) | (18.1) | (22.1) | (20.2) | (20.9) | (24.0) | (20.0) | (21.6) | (21.9) | (22.1) | (23.2) | (25.7) | (26.1) | (35.4) | ||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | 15.9 | 16.6 | 27.5 | 27.1 | 28.4 | 30.0 | 21.4 | 7.6 | 2.0 |
| Depreciation & Amortization | - | 0.3 | 0.3 | 0.4 | 0.5 | 0.2 | 0.1 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 53.3 | 57.5 | 78.8 | 86.5 | 92.8 | 126.9 | 69.6 | 29.3 | 8.9 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| Income From Equity Investments | - | - | - | 0.0 | (2.3) | 0.0 | - | - | - |
| Other Non-Operating Income | 10.1 | 9.8 | 9.1 | 4.0 | 3.9 | 1.3 | 2.3 | (5.9) | (0.0) |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - |
| (91.2) |
| (125.6) |
| (67.3) |
| (35.3) |
| (8.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (43.2) | 22.4 | (69.7) | (82.4) | (91.2) | (125.6) | (67.3) | (35.3) | (8.9) |
| Net Income Attributable To Parent | (43.2) | 22.4 | (69.7) | (82.4) | (91.2) | (125.6) | (67.3) | (35.3) | (8.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (43.2) | 22.4 | (69.7) | (82.4) | (91.2) | (125.6) | (67.3) | (35.3) | (8.9) |
| (3.47) |
| (2.05) |
| - |
| - |
| Shares Basic | 57.2 | 56.9 | 55.0 | 44.0 | 36.3 | 36.2 | 32.9 | - | - |
| Shares Diluted | 57.2 | 57.6 | 55.0 | 44.0 | 36.3 | 36.2 | 32.9 | - | - |
| (126.9) |
| (69.6) |
| (29.3) |
| (8.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.4 |
| 7.7 |
| 8.0 |
| 7.9 |
| 5.4 |
| 5.6 |
| 4.9 |
| 5.5 |
| 2.9 |
| 2.5 |
| 1.4 |
| 0.8 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.7 |
| 26.1 |
| 35.4 |
| 34.7 |
| 30.7 |
| 23.2 |
| 18.5 |
| 15.0 |
| 12.9 |
| 10.3 |
| 8.1 |
| 7.0 |
| 3.8 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.6 |
| 0.6 |
| 0.5 |
| 0.7 |
| 0.5 |
| (1.1) |
| (5.3) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (25.9) |
| (35.1) |
| (34.4) |
| (30.3) |
| (22.6) |
| (17.9) |
| (14.6) |
| (12.1) |
| (9.9) |
| (9.3) |
| (12.3) |
| (3.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (25.9) |
| (35.1) |
| (34.4) |
| (30.3) |
| (22.6) |
| (17.9) |
| (14.6) |
| (12.1) |
| (9.9) |
| (9.3) |
| (12.3) |
| (3.8) |
| (25.5) |
| (25.9) |
| (35.1) |
| (34.4) |
| (30.3) |
| (22.6) |
| (17.9) |
| (14.6) |
| (12.1) |
| (9.9) |
| (9.3) |
| (12.3) |
| (3.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.9) |
| (25.5) |
| (25.9) |
| (35.1) |
| (34.4) |
| (30.3) |
| (22.6) |
| (17.9) |
| (14.6) |
| (12.1) |
| (9.9) |
| (9.3) |
| (12.3) |
| (3.8) |
| (0.97) |
| (0.95) |
| (0.84) |
| - |
| (0.50) |
| (0.41) |
| (0.51) |
| - |
| - |
| - |
| - |
| 36.2 |
| 36.2 |
| 36.1 |
| - |
| 35.9 |
| 35.9 |
| 23.7 |
| - |
| - |
| - |
| - |
| 36.2 |
| 36.2 |
| 36.1 |
| - |
| 35.9 |
| 35.9 |
| 23.7 |
| - |
| - |
| - |
| - |
| (34.7) |
| (30.7) |
| (23.2) |
| (18.5) |
| (15.0) |
| (12.9) |
| (10.3) |
| (8.1) |
| (7.0) |
| (3.8) |