| (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 | 0.0 | 2.5 | 2.2 | 1.8 | 1.2 | 0.0 | 1.1 | 1.3 | 5.3 | 2.1 | 2.5 | 1.4 | 1.8 | 1.4 | 2.1 | 1.4 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 6.5 | 7.7 | 7.7 | 7.9 | 5.7 | 1.3 | 0.2 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 23.9 | 28.5 | 57.5 | 61.5 | 73.1 | 75.7 | 40.4 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (31.6) | (36.1) | (73.0) | (76.2) | (90.3) | (92.8) | (49.2) |
| 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 | (29.6) | (33.4) | (63.1) | (69.2) | (88.1) | (98.6) | |
| Per Share | |||||||
| EPS Basic | (17.60) | (17.85) | (33.06) | (1.83) | (2.36) | (2.97) | - |
| EPS Diluted | (17.60) | (17.85) | (33.06) | (1.83) | (2.36) | (2.97) | - |
| Supplementary Data | |||||||
| EBITDA | (30.5) | (34.8) | (71.3) | (74.3) | (88.7) | (91.6) | (48.6) |
| EBIT | (31.6) | (36.1) | (73.0) | (76.2) | (90.3) | (92.8) | (49.2) |
| 0.8 |
| - |
| 0.8 |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| 0.2 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 4.8 | 5.0 | 6.5 | 7.5 | 9.5 | 11.7 | 13.8 | 15.4 | 16.5 | 16.3 | 15.0 | 15.6 | 14.6 | 16.8 | 19.0 | 18.9 | 18.4 | 22.5 | 19.3 | 19.7 | 14.1 | 14.9 | 9.5 | 9.2 | 6.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 2.8 | 3.1 | 3.3 | 3.5 | 3.8 | 3.9 | 3.8 | 4.9 | 5.8 | 5.5 | 5.8 | 5.6 | 5.6 | 5.6 | 5.5 | 5.5 | 6.3 | ||||||||
| Depreciation & Amortization | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 7.6 | 9.6 | 9.9 | 11.0 | 13.3 | 16.9 | 17.6 | 23.9 | 22.4 | 21.9 | 20.7 | 21.3 | 20.2 | 22.5 | 24.5 | 24.5 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (7.6) | (7.1) | (7.7) | (9.2) | (12.1) | (16.9) | (16.4) | (22.6) | (17.1) | (19.8) | (18.2) | (19.8) | (18.4) | (21.0) | (22.3) | (23.1) | (23.9) | (27.1) | (23.5) | (23.8) | (18.4) | (16.9) | (12.4) | (11.1) | (8.7) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 0.4 | 0.5 | 0.6 | 0.6 | 1.1 | 1.0 | 1.3 | 1.4 | 6.3 | 1.9 | 1.9 | 1.8 | 1.4 | 1.0 | 0.6 | 0.4 | 0.2 | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (7.2) | (6.6) | (7.1) | (8.6) | (11.0) | (15.9) | (15.2) | (21.2) | (10.8) | (17.9) | (16.3) | (18.1) | (17.0) | (20.0) | (21.8) | (22.7) | (23.7) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (7.2) | (6.6) | (7.1) | (8.6) | (11.0) | (15.9) | (15.2) | (21.2) | (10.8) | (17.9) | (16.3) | (18.1) | (17.0) | (20.0) | (21.8) | (22.7) | (23.7) | ||||||||
| Net Income Attributable To Parent | (7.2) | (6.6) | (7.1) | (8.6) | (11.0) | (15.9) | (15.2) | (21.2) | (10.8) | (17.9) | (16.3) | (18.1) | (17.0) | (20.0) | (21.8) | (22.7) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (7.2) | (6.6) | (7.1) | (8.6) | (11.0) | (15.9) | (15.2) | (21.2) | (10.8) | (17.9) | (16.3) | (18.1) | (17.0) | (20.0) | (21.8) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (4.31) | - | (3.72) | (4.46) | (5.76) | - | (7.93) | (11.12) | (0.28) | - | (0.43) | (0.48) | (0.45) | - | (0.58) | (0.61) | (0.64) | - | (0.63) | - | - | - | - | - | - |
| EPS Diluted | (4.31) | - | (3.72) | (4.46) | (5.76) | - | (7.93) | (11.12) | (0.28) | - | (0.43) | (0.48) | (0.45) | - | (0.58) | (0.61) | (0.64) | - | |||||||
| Shares Basic | 1.7 | - | 1.9 | 1.9 | 1.9 | - | 1.9 | 1.9 | 38.1 | - | 37.9 | 37.8 | 37.7 | - | 37.5 | 37.3 | 37.1 | - | |||||||
| Shares Diluted | 1.7 | - | 1.9 | 1.9 | 1.9 | - | 1.9 | 1.9 | 38.1 | - | 37.9 | 37.8 | 37.7 | - | 37.5 | 37.3 | 37.1 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (7.4) | (6.8) | (7.4) | (8.9) | (11.7) | (16.5) | (15.9) | (22.2) | (16.6) | (19.3) | (17.7) | (19.4) | (17.9) | (20.5) | (21.9) | (22.7) | (23.5) | (26.7) | (23.2) | (23.6) | (18.2) | (16.7) | (12.2) | (11.0) | (8.6) |
| EBIT | (7.6) | (7.1) | (7.7) | (9.2) | (12.1) | (16.9) | (16.4) | (22.6) | (17.1) | (19.8) | (18.2) | (19.8) | (18.4) | (21.0) | (22.3) | (23.1) | (23.9) | (27.1) | (23.5) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 12.8 | 13.8 | 18.5 | 22.5 | 22.9 | 18.4 | 9.1 |
| Depreciation & Amortization | 1.1 | 1.3 | 1.8 | 1.9 | 1.7 | 1.2 | 0.6 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 38.1 | 43.8 | 80.7 | 84.1 | 96.1 | 94.0 | 49.4 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.0 | 2.7 | 9.9 | 7.0 | 2.2 | (5.8) | (11.5) |
| Pre-Tax Income | - | (33.4) | (63.1) | - | - | - | - |
| (60.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (29.6) | (33.4) | (63.1) | (69.2) | (88.1) | (98.6) | (60.7) |
| Net Income Attributable To Parent | (29.6) | (33.4) | (63.1) | (69.2) | (88.1) | (98.6) | (60.7) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (29.6) | (33.4) | (63.1) | (69.2) | (88.1) | (98.6) | (60.7) |
| Shares Basic | 1.7 | 1.9 | 1.9 | 37.8 | 37.4 | 33.2 | 2.0 |
| Shares Diluted | 1.7 | 1.9 | 1.9 | 37.8 | 37.4 | 33.2 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.1 |
| 4.9 |
| 4.1 |
| 4.3 |
| 2.1 |
| 2.9 |
| 2.0 |
| 2.1 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.7 |
| 27.6 |
| 24.3 |
| 23.8 |
| 18.4 |
| 16.9 |
| 12.4 |
| 11.2 |
| 8.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| 0.1 |
| 0.2 |
| (6.0) |
| (14.1) |
| 2.4 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.2) |
| (23.4) |
| (23.6) |
| (24.5) |
| (31.0) |
| (10.0) |
| (11.1) |
| (8.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.2) |
| (23.4) |
| (23.6) |
| (24.5) |
| (31.0) |
| (10.0) |
| (11.1) |
| (8.6) |
| (23.7) |
| (27.2) |
| (23.4) |
| (23.6) |
| (24.5) |
| (31.0) |
| (10.0) |
| (11.1) |
| (8.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.7) |
| (23.7) |
| (27.2) |
| (23.4) |
| (23.6) |
| (24.5) |
| (31.0) |
| (10.0) |
| (11.1) |
| (8.6) |
| (0.63) |
| - |
| - |
| - |
| - |
| - |
| - |
| 37.2 |
| 36.6 |
| 21.5 |
| - |
| 2.0 |
| 1.9 |
| 1.9 |
| 37.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.8) |
| (18.4) |
| (16.9) |
| (12.4) |
| (11.1) |
| (8.7) |