| (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 | 0.2 | 3.7 | 1.0 | 0.1 | 0.4 | 0.6 | 1.9 | 0.0 | 1.1 | 1.3 | 0.1 | 0.2 | 0.9 | 0.1 | 0.3 | 0.0 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||
| Revenues | 5.0 | 5.2 | 3.6 | 2.4 | 0.4 | 0.6 | 0.0 | 0.0 | 0.5 | 0.5 | 0.6 | 0.1 | 0.0 | - | - | - |
| Cost of Revenue | 4.2 | 3.8 | 2.5 | 1.6 | 0.3 | 1.1 | 0.3 | 0.0 | 0.4 | 0.4 | 0.5 | 0.1 | 0.0 | - | - | - |
| Gross Profit | 0.8 | 1.4 | 1.1 | 0.8 | 0.1 | (0.5) | (0.3) | (0.0) | 0.1 | 0.2 | 0.1 | 0.0 | 0.0 | - | - | - |
| Operating Expenses | ||||||||||||||||
| Research & Development | 1.2 | 1.4 | 1.5 | 0.7 | 0.5 | 2.7 | 2.0 | 3.1 | 4.1 | 4.7 | 4.8 | 2.9 | 2.2 | 1.9 | 1.2 | |
| Operating Income | ||||||||||||||||
| Operating Income | (6.7) | (6.7) | (6.5) | (6.0) | (6.1) | (8.1) | (6.9) | (8.6) | (9.6) | (9.7) | (11.2) | (7.9) | (7.3) | (5.3) | ||
| Non-Operating | ||||||||||||||||
| Interest Income | - | - | - | - | - | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Tax & Net | ||||||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | |
| Per Share | ||||||||||||||||
| EPS Basic | (1.00) | (0.99) | (1.08) | (0.13) | (0.16) | (0.25) | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | ||||||||||||||||
| EBITDA | (6.7) | (6.6) | (6.5) | (5.8) | (6.0) | (7.9) | (6.7) | (8.3) | (9.3) | (9.4) | (11.0) | (7.7) | (7.1) | (5.1) | (4.1) | (3.0) |
| 0.0 |
| 0.1 |
| 0.2 |
| 0.0 |
| 0.4 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.5 |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.0 |
| Cost of Revenue | 0.6 | 2.9 | 0.7 | 0.1 | 0.2 | 0.5 | 1.3 | 0.0 | 0.7 | 0.7 | 0.1 | 0.0 | 0.8 | - | 0.2 | - | - | 0.1 | 0.3 | 0.5 | 0.2 | (0.1) | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.1 | 0.0 | 0.0 | 0.3 | 0.4 | 0.0 | 0.0 |
| Gross Profit | (0.4) | 0.8 | 0.4 | 0.1 | 0.2 | 0.1 | 0.6 | 0.0 | 0.4 | 0.6 | 0.0 | 0.1 | 0.1 | - | 0.1 | - | - | 0.0 | (0.1) | (0.5) | 0.1 | 0.1 | (0.2) | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | 0.1 | 0.1 | (0.0) | 0.0 | 0.1 | (0.1) | 0.2 | 0.0 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 0.2 | 0.4 | 0.3 | 0.2 | 0.4 | 0.5 | 0.3 | 0.4 | 0.3 | 0.3 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 1.1 | 0.5 | 0.8 | 0.4 | 0.4 | 0.4 | 0.8 | 0.5 | 0.8 | 0.9 | 0.9 | 0.9 | 1.0 | 1.0 | 1.1 | 1.1 | 1.3 | 1.1 | 1.2 | 1.1 | 1.2 | 1.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 1.6 | 1.2 | 1.8 | 1.6 | 2.0 | 1.3 | 1.7 | 1.8 | 1.4 | 1.4 | 1.4 | 1.6 | 1.7 | 1.4 | 1.5 | 1.5 | 1.4 | |||||||||||||||||||||||
| 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 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | 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 | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 1.9 | 1.6 | 2.1 | 1.9 | 2.5 | 1.8 | 2.0 | 2.2 | 1.7 | 1.7 | 1.5 | 1.8 | 1.8 | 1.5 | 1.6 | 1.7 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (2.3) | (0.8) | (1.8) | (1.8) | (2.3) | (1.7) | (1.4) | (2.1) | (1.3) | (1.2) | (1.5) | (1.6) | (1.7) | (1.5) | (1.4) | (1.7) | (1.5) | (1.2) | (2.4) | (2.5) | (2.0) | (1.9) | (1.7) | (1.4) | (2.0) | (1.6) | (2.1) | (2.4) | (2.4) | (2.6) | (2.3) | (2.4) | (2.3) | (2.6) | (2.5) | (2.3) | (2.4) | (2.3) | (3.9) | (2.4) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 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 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 0.1 | 0.5 | 0.3 | 0.2 | 0.2 | 0.5 | 0.3 | 0.3 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 | 0.0 | 0.0 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (2.2) | (0.3) | (1.4) | (1.7) | (2.1) | (1.2) | (1.2) | (1.9) | (1.1) | (1.0) | (1.3) | (1.5) | (1.4) | (1.3) | (1.3) | (1.6) | (1.5) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (2.2) | (0.3) | (1.4) | (1.7) | (2.1) | (1.2) | (1.2) | (1.9) | (1.1) | (1.0) | (1.3) | (1.5) | (1.4) | (1.3) | (1.3) | (1.6) | (1.5) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (2.2) | (0.3) | (1.4) | (1.7) | (2.1) | (1.2) | (1.2) | (1.9) | (1.1) | (1.0) | (1.3) | (1.5) | (1.4) | (1.3) | (1.3) | (1.6) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (2.2) | (0.3) | (1.4) | (1.7) | (2.1) | (1.2) | (1.2) | (1.9) | (1.1) | (1.0) | (1.3) | (1.5) | (1.4) | (1.3) | (1.3) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.39) | - | (0.03) | (0.03) | (0.38) | - | (0.02) | (0.04) | (0.03) | - | (0.03) | (0.04) | (0.04) | - | (0.03) | (0.05) | (0.05) | - | (0.07) | (0.07) | (0.07) | - | (0.06) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.39) | - | - | (0.03) | (0.38) | - | - | (0.04) | (0.03) | - | (0.03) | (0.04) | (0.04) | - | (0.03) | (0.05) | (0.05) | - | ||||||||||||||||||||||
| Shares Basic | 5.6 | - | 55.7 | 55.2 | 5.5 | - | 54.7 | 47.3 | 38.8 | - | 38.6 | 38.5 | 38.3 | - | 37.9 | 33.5 | 31.8 | - | ||||||||||||||||||||||
| Shares Diluted | 5.6 | - | - | 55.2 | 5.5 | - | - | 47.3 | 38.8 | - | 38.6 | 38.5 | 38.3 | - | 37.9 | 33.5 | 31.8 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (2.3) | (0.8) | (1.7) | (1.8) | (2.3) | (1.7) | (1.4) | (2.1) | (1.2) | (1.1) | (1.5) | (1.6) | (1.7) | - | - | - | (1.5) | - | - | - | (2.0) | - | - | - | (1.9) | - | - | - | (2.3) | - | - | - | (2.2) | - | - | - | (2.3) | - | - | - |
| EBIT | (2.3) | (0.8) | (1.8) | (1.8) | (2.3) | (1.7) | (1.4) | (2.1) | (1.3) | (1.2) | (1.5) | (1.6) | (1.7) | (1.5) | (1.4) | (1.7) | (1.5) | (1.2) | (2.4) | |||||||||||||||||||||
| 0.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 6.3 | 6.7 | 6.1 | 6.1 | 5.7 | 5.0 | 4.6 | 5.5 | 5.6 | 5.2 | 6.5 | 5.0 | 5.1 | 3.5 | 3.0 | 2.5 |
| Depreciation & Amortization | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.0 |
| Amortization of Intangibles | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 7.5 | 8.1 | 7.6 | 6.8 | 6.2 | 7.7 | 6.7 | 8.6 | 9.7 | 9.9 | 11.3 | 8.0 | 7.3 | 5.3 | 4.2 | 3.0 |
| (4.2) |
| (3.0) |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.1 | 1.2 | 1.2 | 0.8 | 0.4 | 0.3 | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 |
| Pre-Tax Income | - | (5.5) | (5.3) | (5.2) | (5.8) | (7.9) | - | - | - | - | - | - | - | - | - | - |
| - |
| Net Income From Continuing Ops | (5.6) | (5.5) | (5.3) | (5.2) | (5.8) | (7.9) | (6.9) | (8.5) | (9.5) | (9.7) | (11.2) | (7.9) | (7.3) | (5.3) | (4.2) | (3.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (5.6) | (5.5) | (5.3) | (5.2) | (5.8) | (7.9) | (6.9) | (8.5) | (9.5) | (9.7) | (11.2) | (7.9) | (7.3) | (5.3) | (4.2) | (3.0) |
| Net Income Attributable To Parent | (5.6) | (5.5) | (5.3) | (5.2) | (5.8) | (7.9) | (6.9) | (8.5) | (9.5) | (9.7) | (11.2) | (7.9) | (7.3) | (5.3) | (4.2) | (3.0) |
| Less: Minority Interest | - | - | - | - | - | (0.0) | (0.0) | (0.0) | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (5.6) | (5.5) | (5.3) | (5.2) | (5.8) | (7.9) | (6.9) | (8.5) | (9.5) | (9.7) | (11.2) | (7.9) | (7.3) | (5.3) | (4.2) | (3.0) |
| EPS Diluted | (1.00) | (0.99) | (1.08) | (0.13) | (0.16) | (0.25) | - | - | - | - | - | - | - | - | - | - |
| Shares Basic | 5.6 | 5.6 | 4.9 | 38.5 | 35.3 | 31.2 | - | - | - | - | - | - | - | - | - | - |
| Shares Diluted | 5.6 | 5.6 | 4.9 | 38.5 | 35.3 | 31.2 | 2.8 | 2.2 | 3.4 | 3.5 | 1.3 | 1.3 | 1.2 | 1.1 | 0.9 | 0.6 |
| EBIT | (6.7) | (6.7) | (6.5) | (6.0) | (6.1) | (8.1) | (6.9) | (8.6) | (9.6) | (9.7) | (11.2) | (7.9) | (7.3) | (5.3) | (4.2) | (3.0) |
| - |
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| 1.0 |
| 1.1 |
| 1.6 |
| 1.3 |
| 1.2 |
| 1.1 |
| 1.2 |
| 1.2 |
| 1.1 |
| 1.3 |
| 1.6 |
| 1.5 |
| 1.7 |
| 1.3 |
| 1.4 |
| 1.3 |
| 1.6 |
| 1.1 |
| 1.1 |
| 1.3 |
| 1.2 |
| 2.8 |
| 1.2 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
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| 0.1 |
| - |
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| 1.5 |
| 1.2 |
| 2.3 |
| 2.0 |
| 2.2 |
| 1.6 |
| 1.5 |
| 1.6 |
| 2.0 |
| 1.6 |
| 2.1 |
| 2.4 |
| 2.4 |
| 2.6 |
| 2.3 |
| 2.4 |
| 2.4 |
| 2.7 |
| 2.5 |
| 2.3 |
| 2.5 |
| 2.2 |
| 4.1 |
| 2.4 |
| - |
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| 0.0 |
| 0.3 |
| - |
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| (1.2) |
| (2.4) |
| (2.3) |
| (2.0) |
| (1.9) |
| (1.7) |
| (1.4) |
| (2.0) |
| (1.6) |
| (2.1) |
| (2.4) |
| (2.3) |
| (2.5) |
| (2.3) |
| (2.4) |
| (2.3) |
| (2.6) |
| (2.5) |
| (2.2) |
| (2.4) |
| (2.3) |
| (3.8) |
| (2.4) |
| - |
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| - |
| (1.2) |
| (2.4) |
| (2.3) |
| (2.0) |
| (1.9) |
| (1.7) |
| (1.4) |
| (2.0) |
| (1.6) |
| (2.1) |
| (2.4) |
| (2.3) |
| (2.5) |
| (2.3) |
| (2.4) |
| (2.3) |
| (2.6) |
| (2.5) |
| (2.2) |
| (2.4) |
| (2.3) |
| (3.8) |
| (2.4) |
| (1.5) |
| (1.2) |
| (2.4) |
| (2.3) |
| (2.0) |
| (1.9) |
| (1.7) |
| (1.4) |
| (2.0) |
| (1.6) |
| (2.1) |
| (2.4) |
| (2.3) |
| (2.5) |
| (2.3) |
| (2.4) |
| (2.3) |
| (2.6) |
| (2.5) |
| (2.2) |
| (2.4) |
| (2.3) |
| (3.8) |
| (2.4) |
| 0.0 |
| (0.0) |
| - |
| (0.0) |
| 0.0 |
| (0.0) |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.6) |
| (1.5) |
| (1.2) |
| (2.4) |
| (2.3) |
| (2.0) |
| (1.9) |
| (1.7) |
| (1.4) |
| (2.0) |
| (1.6) |
| (2.1) |
| (2.4) |
| (2.3) |
| (2.5) |
| (2.3) |
| (2.4) |
| (2.3) |
| (2.6) |
| (2.5) |
| (2.2) |
| (2.4) |
| (2.3) |
| (3.8) |
| (2.4) |
| (0.07) |
| (0.07) |
| (0.07) |
| - |
| (0.06) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.5 |
| 31.3 |
| 30.5 |
| - |
| 27.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.5 |
| 31.3 |
| 30.5 |
| - |
| 27.8 |
| - |
| 2.6 |
| - |
| - |
| - |
| 1.5 |
| - |
| - |
| - |
| 3.5 |
| - |
| - |
| - |
| 3.7 |
| - |
| - |
| - |
| (2.5) |
| (2.0) |
| (1.9) |
| (1.7) |
| (1.4) |
| (2.0) |
| (1.6) |
| (2.1) |
| (2.4) |
| (2.4) |
| (2.6) |
| (2.3) |
| (2.4) |
| (2.3) |
| (2.6) |
| (2.5) |
| (2.3) |
| (2.4) |
| (2.3) |
| (3.9) |
| (2.4) |