| (in millions of USD, except per-share data) | Q3 FY 26 | Q2 FY 26 | 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 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 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 | 0.1 | 0.1 | 0.1 | 0.1 | 12.2 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 18.4 | 18.3 | 15.6 | 12.8 | 11.3 | 7.0 | 3.0 | 4.6 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (46.6) | (41.8) | (22.5) | (19.1) | (17.9) | (13.6) | (8.3) | 2.6 |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (41.5) | (37.9) | (21.8) | (19.6) | (18.2) | |||
| Per Share | ||||||||
| EPS Basic | (0.84) | (1.05) | (1.22) | (14.12) | (37.88) | (3.23) | - | - |
| EPS Diluted | (0.84) | (1.05) | (1.22) | (14.12) | (37.88) | (3.23) | ||
| Supplementary Data | ||||||||
| EBITDA | (46.5) | (41.7) | (22.4) | (18.9) | (17.7) | (13.4) | (8.1) | 2.7 |
| EBIT | (46.6) | (41.8) | (22.5) | (19.1) | (17.9) | (13.6) | ||
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| (0.0) |
| 0.0 |
| 0.1 |
| 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||
| Research & Development | 6.3 | 5.8 | 3.4 | 2.9 | 6.5 | 5.4 | 3.6 | 3.5 | 2.6 | 5.1 | 4.4 | 3.2 | 3.2 | 3.8 | 2.7 | 3.2 | 2.2 | 3.1 | 2.8 | 2.3 | 2.8 | 1.2 | 0.8 | 1.2 | 0.8 | 0.6 | 0.4 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| General & Administrative | 7.3 | 7.5 | 6.4 | 7.0 | 8.8 | 5.4 | 2.2 | 2.0 | 1.6 | 1.8 | 1.6 | 1.4 | 1.2 | 1.9 | 1.9 | 1.6 | 1.3 | ||||||||||
| Depreciation & Amortization | 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 | |||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Total Operating Expenses | 13.6 | 13.4 | 9.8 | 9.8 | 15.3 | 10.8 | 5.8 | 5.5 | 4.1 | 6.9 | 5.9 | 4.6 | 4.4 | 5.6 | 4.6 | 4.7 | |||||||||||
| Operating Income | |||||||||||||||||||||||||||
| Operating Income | (13.6) | (13.4) | (9.8) | (9.8) | (15.3) | (10.8) | (5.8) | (5.5) | (4.1) | (6.9) | (5.9) | (4.6) | (4.3) | (5.6) | (4.6) | (4.7) | (3.5) | (4.8) | (4.8) | (3.9) | (3.8) | (3.3) | (2.7) | (2.9) | (2.1) | (2.1) | (1.2) |
| Non-Operating | |||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Other Non-Operating Income | 1.6 | 1.5 | 0.8 | 1.0 | 0.8 | 1.3 | 0.7 | 0.8 | (0.1) | 0.1 | (0.1) | (0.1) | (0.1) | 0.2 | (0.5) | (0.3) | 0.2 | ||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Tax & Net | |||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (11.9) | (11.8) | (9.0) | (8.8) | (14.5) | (9.6) | (5.1) | (4.7) | (4.3) | (6.8) | (6.0) | (4.7) | (4.4) | (5.4) | (5.1) | (5.1) | (3.3) | ||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Net Income | (11.9) | (11.8) | (9.0) | (8.8) | (14.5) | (9.6) | (5.1) | (4.7) | (4.3) | (6.8) | (6.0) | (4.7) | (4.4) | (5.4) | (5.1) | (5.1) | (3.3) | ||||||||||
| Net Income Attributable To Parent | (11.9) | (11.8) | (9.0) | (8.8) | (14.5) | (9.6) | (5.1) | (4.7) | (4.3) | (6.8) | (6.0) | (4.7) | (4.4) | (5.4) | (5.1) | (5.1) | |||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Net Income To Common Shareholders | (11.9) | (11.8) | (9.0) | (8.8) | (14.5) | (9.6) | (5.1) | (4.7) | (4.3) | (6.8) | (6.6) | (4.7) | (4.4) | (5.4) | (5.1) | ||||||||||||
| Per Share | |||||||||||||||||||||||||||
| EPS Basic | (0.24) | (0.26) | (0.22) | - | (0.38) | (0.26) | (0.18) | - | (0.23) | (2.64) | (3.05) | - | (2.67) | (3.34) | (7.98) | - | (0.40) | (0.59) | (0.62) | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.24) | (0.26) | (0.22) | - | (0.38) | (0.26) | (0.18) | - | (0.23) | (2.64) | (3.05) | - | (2.67) | (3.34) | (7.98) | - | (0.40) | (0.59) | |||||||||
| Shares Basic | 49.4 | 46.0 | 41.5 | - | 38.6 | 37.3 | 27.9 | - | 18.3 | 2.6 | 2.2 | - | 1.6 | 1.6 | 0.6 | - | 8.2 | 8.2 | |||||||||
| Shares Diluted | 49.4 | 46.0 | 41.5 | - | 38.6 | 37.3 | 27.9 | - | 18.3 | 2.6 | 2.2 | - | 1.6 | 1.6 | 0.6 | - | 8.2 | 8.2 | |||||||||
| Supplementary Data | |||||||||||||||||||||||||||
| EBITDA | (13.6) | (13.4) | (9.8) | (9.8) | (15.3) | (10.8) | (5.8) | (5.5) | (4.1) | (6.9) | (5.9) | (4.5) | (4.3) | (5.6) | (4.5) | (4.7) | (3.4) | (4.8) | (4.8) | (3.8) | (3.7) | (3.2) | (2.6) | (2.9) | (2.1) | (2.1) | (1.1) |
| EBIT | (13.6) | (13.4) | (9.8) | (9.8) | (15.3) | (10.8) | (5.8) | (5.5) | (4.1) | (6.9) | (5.9) | (4.6) | (4.3) | (5.6) | (4.6) | (4.7) | (3.5) | (4.8) | (4.8) | ||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 28.2 | 23.4 | 7.0 | 6.4 | 6.6 | 6.5 | 5.6 | 4.6 |
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 46.6 | 41.8 | 22.5 | 19.2 | 17.9 | 13.7 | 8.4 | 9.6 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 5.1 | 3.8 | 0.7 | (0.5) | (0.4) | (0.3) | 0.0 | 0.0 |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (13.9) |
| (8.3) |
| 2.6 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (41.5) | (37.9) | (21.8) | (19.6) | (18.2) | (13.9) | (8.3) | 2.6 |
| Net Income Attributable To Parent | (41.5) | (37.9) | (21.8) | (19.6) | (18.2) | (13.9) | (8.3) | 2.6 |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (41.5) | (37.9) | (22.4) | (19.6) | (18.2) | (13.9) | (8.3) | 2.6 |
| - |
| - |
| Shares Basic | 49.4 | 36.2 | 18.4 | 1.4 | 0.5 | 4.3 | - | - |
| Shares Diluted | 49.4 | 36.2 | 18.4 | 1.4 | 0.5 | 4.3 | - | - |
| (8.3) |
| 2.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.7 |
| 2.0 |
| 1.5 |
| 1.0 |
| 2.1 |
| 1.8 |
| 1.6 |
| 1.3 |
| 1.9 |
| 0.8 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.5 |
| 4.9 |
| 4.8 |
| 3.9 |
| 3.8 |
| 3.3 |
| 2.7 |
| 2.9 |
| 2.1 |
| 2.2 |
| 1.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.2) |
| (0.1) |
| (0.1) |
| 0.0 |
| (0.0) |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.8) |
| (5.0) |
| (4.0) |
| (3.9) |
| (3.3) |
| (2.7) |
| (2.9) |
| (2.1) |
| (2.1) |
| (1.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.8) |
| (5.0) |
| (4.0) |
| (3.9) |
| (3.3) |
| (2.7) |
| (2.9) |
| (2.1) |
| (2.1) |
| (1.1) |
| (3.3) |
| (4.8) |
| (5.0) |
| (4.0) |
| (3.9) |
| (3.3) |
| (2.7) |
| (2.9) |
| (2.1) |
| (2.1) |
| (1.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.1) |
| (3.3) |
| (4.8) |
| (5.0) |
| (4.0) |
| (3.9) |
| (3.3) |
| (2.7) |
| (2.9) |
| (2.1) |
| (2.1) |
| (1.1) |
| (0.62) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.9) |
| (3.8) |
| (3.3) |
| (2.7) |
| (2.9) |
| (2.1) |
| (2.1) |
| (1.2) |