| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | - | 0.1 | - | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | - |
| Cost of Revenue | 1.0 | 0.9 | 0.7 | 0.8 | 0.5 | - |
| Gross Profit | (0.7) | (0.6) | (0.5) | (0.5) | (0.3) | - |
| Operating Expenses | ||||||
| Research & Development | 13.4 | 12.5 | 10.2 | 9.0 | 5.0 | - |
| Selling General & Administrative | - | - | - | 7.3 | 2.6 | - |
| Operating Income | ||||||
| Operating Income | (23.1) | (22.3) | (19.3) | (18.4) | (8.7) | (5.2) |
| Non-Operating | ||||||
| Interest Income | - | - | - | - | 6.1 | 0.0 |
| Interest Expense | - | 1.6 | 0.8 | - | - | - |
| Income From Equity Investments | ||||||
| Tax & Net | ||||||
| Income Tax Expense | - | - | - | - | 1.5 | - |
| Net Income From Continuing Ops | (23.1) | (23.8) | (20.8) | (29.9) | 19.2 | (0.3) |
| Net Income From Discontinued Ops | ||||||
| Per Share | ||||||
| EPS Basic | (0.41) | (1.23) | (1.49) | (2.54) | (1.57) | - |
| EPS Diluted | (0.41) | (1.23) | (1.49) | (2.54) | (1.57) | - |
| Shares Basic | ||||||
| Supplementary Data | ||||||
| EBITDA | - | (22.0) | (19.1) | (18.2) | (8.6) | - |
| EBIT | (23.1) | (22.3) | (19.3) | (18.4) | (8.7) | (5.2) |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | - | 0.1 | - | - | - | - | - | - |
| Gross Profit | (0.3) | (0.1) | (0.2) | (0.2) | (0.2) | (0.1) | (0.1) | (0.2) | (0.1) | (0.2) | (0.1) | (0.1) | (0.1) | - | (0.0) | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 3.6 | 4.6 | 2.7 | 2.5 | 2.7 | 2.5 | 2.8 | 2.6 | 2.4 | 3.0 | 1.9 | 2.2 | 1.9 | - | 0.9 | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | 1.4 | - | - | - | 0.8 | - | |||||
| Selling & Marketing | 0.2 | 0.1 | 0.4 | 0.4 | 0.4 | 0.5 | 0.4 | 0.5 | 0.3 | 0.5 | 0.4 | 0.4 | 0.4 | - | - | - | - | ||||
| General & Administrative | 1.9 | 1.6 | 2.4 | 2.1 | 1.8 | 1.4 | 1.7 | 1.6 | 2.1 | 3.0 | 1.0 | 1.8 | 1.4 | - | - | - | - | ||||
| Depreciation & Amortization | 0.1 | - | 0.1 | - | 0.1 | - | 0.0 | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 6.0 | 6.5 | 5.8 | 5.1 | 5.2 | 4.6 | 5.0 | 4.9 | 4.9 | 6.8 | 3.5 | 4.5 | 3.8 | - | 1.9 | - | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (6.0) | (6.4) | (5.7) | (5.1) | (5.1) | (4.5) | (5.0) | (4.9) | (4.9) | (6.7) | (3.4) | (4.5) | (3.8) | (4.5) | (1.8) | (0.9) | (1.5) | (0.2) | (3.0) | (1.1) | (1.0) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | 0.5 | 3.4 | 3.6 | 1.9 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | 0.0 | 0.5 | 0.6 | 0.5 | 0.4 | 0.3 | 0.1 | 0.0 | - | - | - | - | - | - | - | - | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | 1.6 | (0.2) | (0.8) | (0.6) | 0.1 | (0.1) | (1.0) | 0.9 | (1.4) | 1.7 | 4.9 | (8.8) | (9.5) | - | 0.5 | - | - | ||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | (1.0) | 1.6 | (1.1) | 6.2 | 3.2 | 12.5 | ||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.8 | 0.9 | 0.5 | 0.1 | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (4.4) | (6.6) | (6.5) | (5.7) | (5.0) | (4.6) | (6.0) | (3.9) | (6.3) | (31.1) | 1.6 | (1.1) | 0.7 | 5.0 | (1.3) | 3.1 | 12.5 | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (4.4) | (6.6) | (6.5) | (5.7) | (5.0) | (4.6) | (6.0) | (3.9) | (6.3) | (31.1) | 1.6 | (1.1) | 0.7 | 5.0 | (1.3) | 3.1 | 12.5 | ||||
| Net Income Attributable To Parent | (4.4) | (6.6) | (6.5) | (5.7) | (5.0) | (4.6) | (6.0) | (3.9) | (6.3) | (4.9) | 1.6 | (13.3) | (13.3) | (11.5) | (1.3) | (1.2) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | 1.4 | 1.2 | 1.3 | 1.3 | 1.2 | 1.4 | 1.4 | 1.4 | 1.4 | - | 0.2 | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (5.7) | (7.7) | (7.7) | (6.9) | (6.2) | (7.7) | (7.3) | (5.3) | (7.6) | (6.1) | 1.4 | (13.2) | (13.3) | (11.5) | (1.3) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.08) | - | (0.35) | (0.32) | (0.29) | - | (0.39) | (0.29) | (0.41) | - | 0.13 | (1.31) | (1.31) | - | (0.13) | - | - | - | - | - | - |
| EPS Diluted | (0.08) | - | (0.35) | (0.32) | (0.29) | - | (0.39) | (0.29) | (0.41) | - | 0.13 | (1.31) | (1.31) | - | (0.13) | - | - | - | |||
| Shares Basic | 68.9 | - | 21.9 | 21.4 | 21.3 | - | 18.6 | 18.6 | 18.6 | - | 10.2 | 10.1 | 10.1 | - | 10.1 | - | - | - | |||
| Shares Diluted | 68.9 | - | 21.9 | 21.4 | 21.3 | - | 18.6 | 18.6 | 18.6 | - | 11.2 | 10.1 | 10.1 | - | 10.1 | - | - | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (5.9) | - | (5.6) | - | (5.0) | - | (4.9) | - | (4.9) | - | - | - | (3.7) | - | - | - | - | - | - | - | - |
| EBIT | (6.0) | (6.4) | (5.7) | (5.1) | (5.1) | (4.5) | (5.0) | (4.9) | (4.9) | (6.7) | (3.4) | (4.5) | (3.8) | (4.5) | (1.8) | (0.9) | (1.5) | (0.2) | (3.0) | ||
| Selling & Marketing | 1.0 | 1.2 | 1.7 | 1.7 | 0.9 | - |
| General & Administrative | 8.0 | 7.9 | 6.8 | 7.3 | - | - |
| Depreciation & Amortization | - | 0.3 | 0.2 | 0.1 | 0.1 | - |
| Amortization of Intangibles | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - |
| Total Operating Expenses | 23.4 | 22.5 | 19.5 | 18.7 | 8.9 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| Other Non-Operating Income | 0.0 | (1.5) | (1.5) | (11.6) | (7.2) | - |
| Pre-Tax Income | - | (23.8) | (20.8) | - | 20.7 | (0.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| Net Income | (23.1) | (23.8) | (20.8) | (29.9) | 19.2 | (0.3) |
| Net Income Attributable To Parent | (23.1) | (23.8) | (20.8) | (29.9) | (15.9) | (0.3) |
| Less: Minority Interest | - | - | - | - | - | - |
| Less: Preferred Dividends | 5.0 | 4.9 | 5.5 | 1.3 | - | - |
| Net Income To Common Shareholders | (28.1) | (28.7) | (28.0) | (31.3) | (15.9) | (0.3) |
| 68.9 |
| 23.3 |
| 18.8 |
| 12.3 |
| 10.1 |
| - |
| Shares Diluted | 68.9 | 23.3 | 18.8 | 12.3 | 10.1 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.5) |
| - |
| 5.6 |
| 0.4 |
| - |
| (4.7) |
| 5.6 |
| 0.4 |
| (1.5) |
| - |
| - |
| - |
| - |
| (4.7) |
| 5.6 |
| 0.4 |
| (1.5) |
| (1.9) |
| (4.7) |
| 5.6 |
| 0.4 |
| (1.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.2) |
| (1.9) |
| (4.7) |
| 5.6 |
| 0.4 |
| (1.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.1) |
| (1.0) |