| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 48.2 | 62.0 | 118.1 | 102.5 | 62.7 | 28.0 | 3.7 | 1.1 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (66.6) | (83.5) | (144.1) | (126.1) | (83.6) | (41.7) | (5.3) | (1.2) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (45.0) | (61.8) | (138.4) | (117.3) | (81.8) | |||
| Per Share | ||||||||
| EPS Basic | (0.62) | (1.18) | (3.83) | (3.44) | (2.80) | (1.74) | (0.51) | - |
| EPS Diluted | (0.62) | (1.18) | (3.83) | (3.44) | (2.80) | (1.74) | ||
| Supplementary Data | ||||||||
| EBITDA | (65.6) | (82.1) | (142.3) | (124.6) | (82.9) | (41.4) | (5.3) | (1.2) |
| EBIT | (66.6) | (83.5) | (144.1) | (126.1) | (83.6) | (41.7) | ||
| 1,070.0 |
| - |
| - |
| - |
| 1,070.0 |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 9.1 | 8.1 | 14.4 | 16.6 | 22.9 | 25.2 | 27.2 | 31.8 | 33.8 | 30.9 | 25.3 | 21.9 | 24.4 | 20.5 | 18.2 | 12.6 | 11.4 | 11.1 | 7.9 | 5.2 | 3.8 | 2.3 | 0.8 | 0.2 | 0.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 3.7 | 3.6 | 4.2 | 4.7 | 6.8 | 4.8 | 6.8 | 7.1 | 7.3 | 6.5 | 5.8 | 5.7 | 5.6 | 5.7 | 5.2 | 4.9 | 5.1 | ||||||||
| Depreciation & Amortization | 0.0 | 0.0 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.1 | 0.2 | 0.2 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 12.8 | 11.7 | 20.8 | 21.3 | 29.7 | 30.1 | 34.0 | 38.9 | 41.1 | 37.3 | 31.1 | 27.7 | 30.0 | 26.3 | 23.5 | 17.5 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (12.8) | (11.7) | (20.8) | (21.3) | (29.7) | (30.1) | (34.0) | (38.9) | (41.1) | (37.3) | (31.1) | (27.7) | (30.0) | (26.3) | (23.5) | (17.5) | (16.4) | (14.7) | (12.6) | (8.4) | (5.9) | (3.5) | (1.1) | (0.3) | (0.4) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (12.4) | 4.6 | (16.4) | (20.7) | (29.3) | (29.3) | (32.8) | (37.3) | (39.1) | (34.9) | (28.4) | (24.9) | (29.1) | (25.3) | (22.9) | (17.3) | (16.4) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (12.4) | 4.6 | (16.4) | (20.7) | (29.3) | (29.3) | (32.8) | (37.3) | (39.1) | (34.9) | (28.4) | (24.9) | (29.1) | (25.3) | (22.9) | (17.3) | (16.4) | ||||||||
| Net Income Attributable To Parent | (12.4) | 4.6 | (16.4) | (20.7) | (29.3) | (29.3) | (32.8) | (37.3) | (39.1) | (34.9) | (28.4) | (24.9) | (29.1) | (25.3) | (22.9) | (17.3) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (12.4) | 4.6 | (16.4) | (20.7) | (29.3) | (29.3) | (32.8) | (37.3) | (39.1) | (34.9) | (28.4) | (24.9) | (29.1) | (25.3) | (22.9) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.17) | - | (0.27) | (0.51) | (0.80) | - | (0.91) | (1.03) | (1.09) | - | (0.80) | (0.70) | (0.98) | - | (0.78) | (0.59) | (0.56) | - | (0.43) | - | - | - | - | - | - |
| EPS Diluted | (0.17) | - | (0.27) | (0.51) | (0.80) | - | (0.91) | (1.03) | (1.09) | - | (0.80) | (0.70) | (0.98) | - | (0.78) | (0.59) | (0.56) | - | |||||||
| Shares Basic | 72.3 | - | 59.8 | 40.6 | 36.6 | - | 36.2 | 36.0 | 35.9 | - | 35.7 | 35.3 | 29.6 | - | 29.3 | 29.2 | 29.1 | - | |||||||
| Shares Diluted | 72.3 | - | 59.8 | 40.6 | 36.6 | - | 36.2 | 36.0 | 35.9 | - | 35.7 | 35.3 | 29.6 | - | 29.3 | 29.2 | 29.1 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (12.7) | (11.7) | (20.4) | (20.8) | (29.2) | (29.5) | (33.6) | (38.5) | (40.6) | (36.9) | (30.7) | (27.3) | (29.7) | (26.2) | (23.3) | (17.3) | (16.2) | (14.6) | (12.5) | (8.4) | (5.8) | (3.5) | (1.1) | (0.3) | (0.4) |
| EBIT | (12.8) | (11.7) | (20.8) | (21.3) | (29.7) | (30.1) | (34.0) | (38.9) | (41.1) | (37.3) | (31.1) | (27.7) | (30.0) | (26.3) | (23.5) | (17.5) | (16.4) | (14.7) | (12.6) | ||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 16.2 | 19.3 | 26.0 | 23.6 | 20.9 | 13.7 | 1.7 | 0.1 |
| Depreciation & Amortization | 1.0 | 1.4 | 1.7 | 1.5 | 0.7 | 0.2 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 66.6 | 83.5 | 144.1 | 126.1 | 83.6 | 41.7 | 5.3 | 1.2 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (41.6) |
| (5.3) |
| (1.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (45.0) | (61.8) | (138.4) | (117.3) | (81.8) | (41.6) | (5.3) | (1.2) |
| Net Income Attributable To Parent | (45.0) | (61.8) | (138.4) | (117.3) | (81.8) | (41.6) | (5.3) | (1.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (45.0) | (61.8) | (138.4) | (117.3) | (81.8) | (41.6) | (5.3) | (1.2) |
| (0.51) |
| - |
| Shares Basic | 72.3 | 52.2 | 36.1 | 34.1 | 29.3 | 23.9 | 10.5 | - |
| Shares Diluted | 72.3 | 52.2 | 36.1 | 34.1 | 29.3 | 23.9 | 10.5 | - |
| (5.3) |
| (1.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.6 |
| 4.8 |
| 3.2 |
| 2.1 |
| 1.2 |
| 0.3 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 16.4 |
| 14.7 |
| 12.6 |
| 8.4 |
| 5.9 |
| 3.5 |
| 1.1 |
| 0.3 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.7) |
| (12.6) |
| (8.4) |
| (5.9) |
| (3.5) |
| (1.1) |
| (0.3) |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.7) |
| (12.6) |
| (8.4) |
| (5.9) |
| (3.5) |
| (1.1) |
| (0.3) |
| (0.4) |
| (16.4) |
| (14.7) |
| (12.6) |
| (8.4) |
| (5.9) |
| (3.5) |
| (1.1) |
| (0.3) |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.3) |
| (16.4) |
| (14.7) |
| (12.6) |
| (8.4) |
| (5.9) |
| (3.5) |
| (1.1) |
| (0.3) |
| (0.4) |
| (0.43) |
| - |
| - |
| - |
| - |
| - |
| - |
| 29.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| 29.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.4) |
| (5.9) |
| (3.5) |
| (1.1) |
| (0.3) |
| (0.4) |