| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||
| Revenues | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.9 | - | - | 0.0 | 0.0 | - | - | - | - | ||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | 0.0 | 0.9 | 0.0 | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 56.3 | 56.0 | 42.3 | 38.1 | - | - | 14.9 | 22.4 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (75.2) | (72.8) | (56.6) | (50.4) | (41.7) | (81.9) | (27.8) | (34.1) |
| Non-Operating | ||||||||
| Interest Income | - | 6.4 | 7.3 | 7.9 | 2.4 | 0.0 | 0.1 | 0.7 |
| Interest Expense | - | - | - | - | 0.0 | 0.4 | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
| Net Income From Continuing Ops | (68.2) | (66.5) | (49.4) | (42.5) | (39.2) | |||
| Per Share | ||||||||
| EPS Basic | (0.37) | (0.42) | (0.36) | (0.33) | (0.37) | (1.31) | - | - |
| EPS Diluted | - | - | - | - | - | - | ||
| Supplementary Data | ||||||||
| EBITDA | - | (72.6) | (56.0) | (49.7) | (40.9) | (81.3) | (25.4) | (32.0) |
| EBIT | (75.2) | (72.8) | (56.6) | (50.4) | (41.7) | (81.9) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||
| Research & Development | 13.4 | 13.7 | 12.8 | 16.4 | 13.1 | 13.0 | 8.6 | 11.2 | 9.5 | - | - | - | - | - | - | - | - | - | - | - | 4.7 | - | 3.7 | 3.0 | - | 6.0 | 5.4 | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| General & Administrative | 6.9 | 4.3 | 3.0 | 4.7 | 4.9 | 3.5 | 3.6 | 4.7 | 3.2 | 3.0 | 3.1 | 3.1 | 3.1 | 3.0 | 2.8 | 3.1 | 2.8 | |||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.1 | - | - | - | 0.2 | - | - | - | 0.2 | - | 0.2 | - | ||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Total Operating Expenses | 20.3 | 18.0 | 15.8 | 21.1 | 18.0 | 16.6 | 12.2 | 15.9 | 12.8 | 15.4 | 11.9 | 13.3 | 9.7 | 12.9 | 12.6 | 9.0 | ||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (20.3) | (18.0) | (15.8) | (21.1) | (18.0) | (16.6) | (12.2) | (15.0) | (12.8) | (15.4) | (11.9) | (13.3) | (9.7) | (12.9) | (12.6) | (9.0) | (7.2) | (13.0) | (5.9) | (55.7) | (7.3) | 19.8 | (9.0) | (5.1) | - | (8.4) | (8.7) | (0.0) | (0.0) | (0.0) |
| Non-Operating | ||||||||||||||||||||||||||||||
| Interest Income | - | - | - | 1.2 | 1.3 | 1.5 | 1.8 | 2.0 | 2.0 | 1.9 | 2.0 | 2.1 | 1.9 | 1.3 | 0.6 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - | 0.2 | 0.2 | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Non-Operating Income | 2.0 | 2.3 | 1.6 | 1.2 | 1.3 | 1.5 | 1.8 | 2.0 | 2.0 | 2.0 | 2.0 | 2.1 | 1.9 | 1.3 | 0.6 | 0.5 | 0.0 | |||||||||||||
| Pre-Tax Income | - | - | - | - | (16.6) | - | - | (13.1) | (10.8) | (13.4) | (10.0) | (11.3) | (7.8) | (11.6) | (12.0) | (8.5) | (7.2) | |||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | 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 | - | - | - |
| Net Income From Continuing Ops | (18.3) | (15.7) | (14.3) | (19.9) | (16.6) | (15.0) | (10.5) | (13.1) | (10.8) | (13.4) | (10.0) | (11.3) | (7.8) | (11.6) | (12.0) | (8.5) | (7.2) | |||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income | (18.3) | (15.7) | (14.3) | (19.9) | (16.6) | (15.0) | (10.5) | (13.1) | (10.8) | (13.4) | (10.0) | (11.3) | (7.8) | (11.6) | (12.0) | (8.5) | (7.2) | |||||||||||||
| Net Income Attributable To Parent | (18.3) | (15.7) | (14.3) | (19.9) | (16.6) | (15.0) | (10.5) | (13.1) | (10.8) | (13.4) | (10.0) | (11.3) | (7.8) | (11.6) | (12.0) | (8.5) | ||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income To Common Shareholders | (18.3) | (15.7) | (14.3) | (19.9) | (16.6) | (15.0) | (10.5) | (13.1) | (10.8) | (13.4) | (10.0) | (11.3) | (7.8) | (11.6) | (12.0) | |||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||
| EPS Basic | (0.10) | - | (0.08) | (0.14) | (0.12) | - | (0.08) | (0.10) | (0.08) | - | (0.08) | (0.09) | (0.06) | - | (0.12) | (0.08) | (0.07) | - | (0.10) | (1.07) | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Shares Basic | 186.4 | - | 168.8 | 138.3 | 138.2 | - | 137.6 | 137.6 | 136.6 | - | 127.4 | 126.7 | 126.4 | - | 101.0 | 100.9 | 100.9 | - | ||||||||||||
| Shares Diluted | - | - | - | - | 138.2 | - | 137.6 | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||
| EBITDA | (20.3) | - | - | - | (17.8) | - | - | - | (12.6) | - | - | - | (9.5) | - | (12.4) | - | (7.0) | (12.8) | (5.8) | (55.6) | (7.1) | - | (8.6) | (4.7) | - | (7.9) | (8.2) | - | - | - |
| EBIT | (20.3) | (18.0) | (15.8) | (21.1) | (18.0) | (16.6) | (12.2) | (15.0) | (12.8) | (15.4) | (11.9) | (13.3) | (9.7) | (12.9) | (12.6) | (9.0) | (7.2) | (13.0) | (5.9) | |||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 18.9 | 16.9 | 15.1 | 12.2 | 11.7 | 10.9 | 12.9 | 11.6 |
| Depreciation & Amortization | - | 0.3 | 0.6 | 0.7 | 0.8 | 0.6 | 2.4 | 2.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 75.2 | 72.8 | 57.5 | 50.4 | 41.7 | 81.9 | 27.8 | 34.1 |
| 0.9 |
| 1.2 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 7.0 | 6.4 | 7.3 | 7.9 | 2.4 | (0.3) | (1.7) | (0.6) |
| Pre-Tax Income | - | - | - | (42.5) | (39.2) | (82.2) | (29.5) | (34.7) |
| (82.2) |
| (29.5) |
| (34.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (68.2) | (66.5) | (49.4) | (42.5) | (39.2) | (82.2) | (29.5) | (34.7) |
| Net Income Attributable To Parent | (68.2) | (66.5) | (49.4) | (42.5) | (39.2) | (82.2) | (29.5) | (34.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (68.2) | (66.5) | (49.4) | (42.5) | (39.2) | (82.2) | (29.5) | (34.7) |
| - |
| - |
| Shares Basic | 186.4 | 157.7 | 137.4 | 127.0 | 105.2 | 62.9 | - | - |
| Shares Diluted | - | - | 137.4 | - | - | - | - | - |
| (27.8) |
| (34.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.4 |
| 2.7 |
| 2.2 |
| 2.6 |
| (9.6) |
| 5.3 |
| 2.1 |
| - |
| 2.4 |
| 3.3 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.2 |
| - |
| 0.4 |
| 0.4 |
| - |
| 0.5 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.2 |
| 13.0 |
| 5.9 |
| 55.7 |
| 7.3 |
| - |
| 9.0 |
| 5.1 |
| - |
| 8.4 |
| 8.7 |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| (0.7) |
| 0.2 |
| 0.2 |
| - |
| 0.3 |
| 0.3 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.1) |
| (0.1) |
| (0.1) |
| - |
| (0.2) |
| (0.5) |
| - |
| (0.1) |
| (0.1) |
| - |
| - |
| - |
| (13.0) |
| (6.0) |
| (55.8) |
| (7.4) |
| - |
| (9.2) |
| (5.5) |
| - |
| (8.5) |
| (8.8) |
| - |
| - |
| - |
| (13.0) |
| (6.0) |
| (55.8) |
| (7.4) |
| 21.1 |
| (9.2) |
| (5.6) |
| 28.1 |
| (8.6) |
| (8.8) |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.0) |
| (6.0) |
| (55.8) |
| (7.4) |
| 21.1 |
| (9.2) |
| (5.6) |
| 28.1 |
| (8.6) |
| (8.8) |
| (0.0) |
| (0.0) |
| (0.0) |
| (7.2) |
| (13.0) |
| (6.0) |
| (55.8) |
| (7.4) |
| 21.1 |
| (9.2) |
| (5.6) |
| 28.1 |
| (8.6) |
| (8.8) |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.5) |
| (7.2) |
| (13.0) |
| (6.0) |
| (55.8) |
| (7.4) |
| 21.1 |
| (9.2) |
| (5.6) |
| 28.1 |
| (8.6) |
| (8.8) |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 61.7 |
| 51.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (55.7) |
| (7.3) |
| 19.8 |
| (9.0) |
| (5.1) |
| - |
| (8.4) |
| (8.7) |
| (0.0) |
| (0.0) |
| (0.0) |