| (in millions of USD, except per-share data) | 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 | Q1 FY 16 | Q3 FY 15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 0.2 | 0.5 | 2.3 | 0.3 | 1.0 | 0.1 | 0.2 | 6.3 | 0.9 | 1.0 | 0.0 | 0.3 | 0.3 | 0.4 | 0.3 | 25.7 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | 3.3 | 1.7 | 8.2 | 1.3 | 29.6 | 7.9 | 2.2 | 0.0 | 0.3 | 0.5 | - | - |
| Cost of Revenue | 0.4 | 0.1 | 0.4 | 0.2 | 0.0 | - | - | - | - | - | - | - |
| Gross Profit | 2.9 | 1.5 | 7.9 | 1.1 | 29.6 | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||
| Research & Development | 13.2 | 18.6 | 20.8 | 19.6 | 18.5 | 15.1 | 15.7 | 68.3 | 49.1 | 19.5 | 10.8 | 6.7 |
| Selling General & Administrative | - | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | (23.0) | (28.9) | (24.8) | (30.3) | (0.6) | (17.9) | (30.3) | (82.9) | (58.4) | (25.2) | (17.3) | (9.8) |
| Non-Operating | ||||||||||||
| Interest Income | 0.7 | 1.5 | 1.7 | 0.7 | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (26.0) | (34.4) | ||||||||||
| Per Share | ||||||||||||
| EPS Basic | (4.97) | (0.47) | (0.53) | (0.55) | 0.01 | (0.39) | (0.81) | - | - | - | - | - |
| EPS Diluted | (4.97) | (0.47) | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | - | (28.7) | (24.8) | (30.1) | (0.4) | (17.8) | (30.1) | (82.8) | (58.2) | (25.1) | (17.3) | (9.8) |
| EBIT | (23.0) | (28.9) | ||||||||||
| 3.1 |
| 0.8 |
| 0.0 |
| 0.0 |
| 3.4 |
| 0.4 |
| 4.1 |
| 1.9 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.0 | 0.0 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | - | 0.1 | 0.2 | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0.2 | 0.5 | 2.1 | 0.2 | 1.0 | 0.1 | 0.2 | - | 0.7 | 0.8 | - | - | 0.3 | 0.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 2.9 | 1.6 | 4.5 | 4.2 | 4.1 | 4.6 | 5.6 | 6.3 | 5.1 | 4.9 | 4.5 | 5.0 | 4.6 | 5.4 | 4.5 | 3.8 | 5.1 | 4.1 | 5.5 | 4.5 | 3.5 | 3.3 | 3.8 | 1.3 | 2.7 | 0.7 | 11.0 | 17.5 | 20.1 | 17.3 | 13.4 | 13.9 | 16.1 | 11.5 | 7.6 | 7.0 | 3.7 | 4.2 | 4.6 | 2.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 4.3 | 2.5 | 2.8 | 3.1 | 2.8 | 3.1 | 2.8 | 2.9 | 2.6 | 3.1 | 3.2 | 3.2 | 2.4 | 2.8 | 3.5 | 3.1 | 2.8 | |||||||||||||||||||||||
| Depreciation & Amortization | - | - | 0.1 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | 8.4 | 9.3 | 7.9 | 8.3 | 7.6 | 8.4 | 7.0 | 8.2 | 8.0 | 7.0 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (7.0) | (3.6) | (5.2) | (7.1) | (5.9) | (7.6) | (8.2) | (2.9) | (7.1) | (7.3) | (7.6) | (8.1) | (6.7) | (7.8) | (7.6) | 18.7 | (4.9) | (6.1) | (8.3) | (7.1) | (2.4) | (5.6) | (2.8) | (3.0) | (6.4) | (5.6) | (15.3) | (21.6) | (24.0) | (20.9) | (16.5) | (16.3) | (18.2) | (13.6) | (10.3) | (9.4) | (5.3) | (5.2) | (5.4) | (3.4) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.1 | 0.1 | 0.2 | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Pre-Tax Income | (6.0) | (4.5) | (7.5) | - | (7.7) | (7.6) | (11.8) | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.7 | - | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (6.0) | (4.5) | (8.2) | (7.3) | (7.7) | (7.6) | (11.8) | (4.8) | (9.3) | (9.1) | (9.3) | (9.7) | (7.8) | (7.8) | (7.6) | 18.7 | (4.9) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (6.0) | (4.5) | (8.2) | (7.3) | (7.7) | (7.6) | (11.8) | (4.8) | (9.3) | (9.1) | (9.3) | (9.7) | (7.8) | (7.8) | (7.6) | 18.7 | (4.9) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (6.0) | (4.5) | (8.2) | (7.3) | (7.7) | (7.6) | (11.8) | (4.8) | (9.3) | (9.1) | (9.3) | (9.7) | (7.8) | (7.8) | (7.6) | 18.7 | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (6.0) | (4.5) | (8.2) | (7.3) | (7.7) | (7.6) | (11.8) | (4.8) | (9.3) | (9.1) | (9.3) | (9.7) | (7.8) | (7.8) | (7.6) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.14) | (0.06) | (0.11) | - | (1.54) | (0.10) | (0.17) | - | (0.15) | (0.15) | (0.15) | - | (0.13) | (0.13) | (0.13) | - | (0.08) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.14) | (0.06) | (0.11) | - | (1.54) | (0.10) | (0.17) | - | (0.15) | (0.15) | (0.15) | - | (0.13) | (0.13) | (0.13) | - | (0.08) | - | ||||||||||||||||||||||
| Shares Basic | 5.2 | 77.8 | 76.9 | - | 5.0 | 74.7 | 69.9 | - | 62.0 | 61.7 | 61.2 | - | 60.2 | 60.2 | 60.1 | - | 59.5 | - | ||||||||||||||||||||||
| Shares Diluted | 5.2 | 77.8 | 76.9 | - | 5.0 | 74.7 | 69.9 | - | 62.0 | 61.7 | 61.2 | - | 60.2 | 60.2 | 60.1 | - | 59.5 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | (5.1) | - | - | - | (8.2) | - | - | - | (7.6) | - | - | - | (7.6) | - | - | - | (8.3) | - | - | - | (2.8) | - | - | - | (15.3) | - | - | - | (16.4) | - | - | - | (10.2) | - | - | - | (5.3) | - |
| EBIT | (7.0) | (3.6) | (5.2) | (7.1) | (5.9) | (7.6) | (8.2) | (2.9) | (7.1) | (7.3) | (7.6) | (8.1) | (6.7) | (7.8) | (7.6) | 18.7 | (4.9) | (6.1) | (8.3) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 12.7 | 11.8 | 11.9 | 11.8 | 11.7 | 10.8 | 16.8 | 14.7 | 9.7 | 6.3 | 6.6 | 3.1 |
| Depreciation & Amortization | - | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | 33.1 | 31.6 | 30.2 | 25.8 | 32.5 | 83.0 | 58.8 | 25.7 | 17.3 | 9.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | (0.3) | (0.5) | 0.1 | (0.6) | (0.7) | (0.3) | (0.4) |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - |
| (32.5) |
| (32.9) |
| 0.4 |
| (18.2) |
| (30.8) |
| (82.8) |
| (59.0) |
| (25.9) |
| (17.6) |
| (10.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (26.0) | (34.4) | (32.5) | (32.9) | 0.4 | (18.2) | (30.8) | (82.8) | (59.0) | (25.9) | (17.6) | (10.2) |
| Net Income Attributable To Parent | (26.0) | (34.4) | (32.5) | (32.9) | 0.4 | (18.2) | (30.8) | (82.8) | (59.0) | (25.9) | (17.6) | (10.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (26.0) | (34.4) | (32.5) | (32.9) | 0.4 | (18.2) | (30.8) | (82.8) | (59.0) | (25.9) | (17.6) | (10.2) |
| (0.53) |
| (0.55) |
| 0.01 |
| (0.39) |
| (0.81) |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 5.2 | 73.8 | 61.8 | 60.2 | 58.5 | 46.5 | 38.2 | - | - | - | - | - |
| Shares Diluted | 5.2 | 73.8 | 61.8 | 60.2 | 59.9 | 46.5 | 38.2 | - | - | - | - | - |
| (24.8) |
| (30.3) |
| (0.6) |
| (17.9) |
| (30.3) |
| (82.9) |
| (58.4) |
| (25.2) |
| (17.3) |
| (9.8) |
| - |
| - |
| - |
| - |
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| - |
| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.8 |
| 2.9 |
| 2.6 |
| 2.4 |
| 2.6 |
| 3.1 |
| 3.7 |
| 3.8 |
| 5.0 |
| 4.4 |
| 4.2 |
| 3.9 |
| 3.6 |
| 3.1 |
| 2.4 |
| 2.3 |
| 2.3 |
| 2.7 |
| 2.4 |
| 1.6 |
| 1.0 |
| 1.3 |
| 1.1 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
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| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| 8.0 |
| 6.9 |
| 8.4 |
| 7.1 |
| 5.9 |
| 5.9 |
| 6.9 |
| 5.0 |
| 6.5 |
| 5.7 |
| 15.4 |
| 21.7 |
| 24.0 |
| 20.9 |
| 16.5 |
| 16.4 |
| 18.3 |
| 13.8 |
| 10.3 |
| 9.4 |
| 5.3 |
| 5.2 |
| 5.9 |
| 3.4 |
| - |
| - |
| - |
| - |
| - |
| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.0) |
| (0.2) |
| (0.1) |
| (0.1) |
| (0.2) |
| (0.1) |
| (0.1) |
| (0.0) |
| 0.1 |
| 0.2 |
| (0.2) |
| (0.2) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.3) |
| (0.3) |
| 0.1 |
| (0.1) |
| (0.1) |
| - |
| - |
| - |
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| - |
| - |
| - |
| (6.1) |
| (7.4) |
| (7.1) |
| (2.4) |
| (5.8) |
| (2.9) |
| (3.1) |
| (6.5) |
| (5.7) |
| (15.4) |
| (21.6) |
| (23.9) |
| (20.7) |
| (16.6) |
| (16.5) |
| (18.3) |
| (13.8) |
| (10.4) |
| (9.7) |
| (5.6) |
| (5.1) |
| (5.4) |
| (3.5) |
| - |
| - |
| - |
| - |
| - |
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| - |
| - |
| - |
| - |
| - |
| (6.1) |
| (7.4) |
| (7.1) |
| (2.4) |
| (5.8) |
| (2.9) |
| (3.1) |
| (6.5) |
| (5.7) |
| (15.4) |
| (21.6) |
| (23.9) |
| (20.7) |
| (16.6) |
| (16.5) |
| (18.3) |
| (13.8) |
| (10.4) |
| (9.7) |
| (5.6) |
| (5.1) |
| (5.4) |
| (3.5) |
| (4.9) |
| (6.1) |
| (7.4) |
| (7.1) |
| (2.4) |
| (5.8) |
| (2.9) |
| (3.1) |
| (6.5) |
| (5.7) |
| (15.4) |
| (21.6) |
| (23.9) |
| (20.7) |
| (16.6) |
| (16.5) |
| (18.3) |
| (13.8) |
| (10.4) |
| (9.7) |
| (5.6) |
| (5.1) |
| (5.4) |
| (3.5) |
| - |
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| - |
| - |
| - |
| 18.7 |
| (4.9) |
| (6.1) |
| (7.4) |
| (7.1) |
| (2.4) |
| (5.8) |
| (2.9) |
| (3.1) |
| (6.5) |
| (5.7) |
| (15.4) |
| (21.6) |
| (23.9) |
| (20.7) |
| (16.6) |
| (16.5) |
| (18.3) |
| (13.8) |
| (10.4) |
| (9.7) |
| (5.6) |
| (5.1) |
| (5.4) |
| (3.5) |
| - |
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| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| - |
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| - |
| - |
| - |
| - |
| - |
| - |
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| (7.1) |
| (2.4) |
| (5.6) |
| (2.8) |
| (3.0) |
| (6.4) |
| (5.6) |
| (15.3) |
| (21.6) |
| (24.0) |
| (20.9) |
| (16.5) |
| (16.3) |
| (18.2) |
| (13.6) |
| (10.3) |
| (9.4) |
| (5.3) |
| (5.2) |
| (5.4) |
| (3.4) |