| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||
| Revenues | - | - | - | - | 0.0 | 0.9 | 3.9 | 36.1 | 4.8 | 2.4 | 1.9 | 0.6 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||
| Research & Development | 74.3 | 70.1 | 32.2 | 31.2 | 16.1 | 36.4 | 98.3 | 89.6 | 48.6 | 26.0 | 15.4 | 5.9 | 1.3 | 0.2 |
| Operating Income | ||||||||||||||
| Operating Income | (89.8) | (85.3) | (48.7) | (45.1) | (39.8) | (56.0) | (122.8) | (77.1) | (56.7) | (32.6) | (20.0) | (8.9) | (2.6) | (0.6) |
| Non-Operating | ||||||||||||||
| Interest Income | - | - | - | - | - | - | - | 1.2 | 1.0 | - | - | 0.0 | 0.0 | 0.0 |
| Interest Expense | ||||||||||||||
| Tax & Net | ||||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | ||||||||||||||
| Per Share | ||||||||||||||
| EPS Basic | (4.52) | (5.90) | (3.68) | (10.31) | (10.15) | (11.15) | (1.42) | - | - | - | - | - | - | - |
| EPS Diluted | ||||||||||||||
| Supplementary Data | ||||||||||||||
| EBITDA | (89.6) | (85.1) | (48.1) | (44.4) | (39.1) | (55.0) | (121.7) | (76.4) | (56.3) | (32.3) | (19.9) | (8.8) | (2.6) | - |
| EBIT | ||||||||||||||
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.6 |
| 0.7 |
| 1.2 |
| 0.3 |
| 1.8 |
| 2.6 |
| 2.6 |
| 29.1 |
| 1.9 |
| 1.9 |
| 1.1 |
| 0.9 |
| 1.0 |
| 0.0 |
| 0.8 |
| 0.4 |
| 1.3 |
| 0.4 |
| 0.7 |
| 0.4 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 19.8 | 18.4 | 20.9 | 15.2 | 15.6 | 8.8 | 10.8 | 6.9 | 5.8 | 7.0 | 6.6 | 4.2 | 13.4 | 6.2 | 4.1 | 2.5 | 3.3 | 5.8 | 8.7 | 11.3 | 10.7 | 16.1 | 27.5 | 30.7 | 23.9 | 23.5 | 22.2 | 22.2 | 21.8 | 15.8 | 12.8 | 10.3 | 9.8 | 8.3 | 5.6 | 5.8 | 6.4 | 5.4 | 4.3 | 3.6 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 4.5 | 3.6 | 3.6 | 4.0 | 4.1 | 3.8 | 4.7 | 4.1 | 3.9 | 3.1 | 2.9 | 3.9 | 3.9 | 4.6 | 4.1 | 4.8 | 5.2 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | (0.0) | 0.1 | 0.1 | 0.1 | 0.0 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | 0.0 | 0.0 | 2.5 | - | 0.1 | 0.0 | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 24.3 | 22.0 | 24.4 | 19.2 | 19.8 | 12.6 | 15.5 | 11.0 | 9.6 | 10.1 | 9.5 | 8.2 | 17.3 | 10.8 | 8.2 | 12.3 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (24.3) | (22.0) | (24.4) | (19.2) | (19.8) | (12.6) | (15.5) | (11.0) | (9.6) | (10.1) | (9.5) | (8.2) | (17.3) | (10.8) | (8.2) | (12.3) | (8.5) | (10.0) | (13.9) | (16.7) | (15.4) | (20.8) | (34.0) | (38.1) | (29.9) | (27.2) | (25.1) | 1.7 | (26.5) | (17.6) | (14.9) | (12.4) | (11.9) | (10.9) | (7.0) | (7.3) | (7.5) | (7.6) | (5.3) | (4.2) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.1 | - | - | 0.4 | 0.3 | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.7 | 0.8 | 0.9 | 1.0 | 1.0 | 0.9 | 0.9 | 0.8 | 0.7 | 0.7 | 0.7 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 1.3 | 1.4 | 1.1 | 1.5 | 2.8 | 3.1 | 1.7 | 1.0 | 2.7 | 2.1 | (0.6) | (0.6) | (0.4) | (0.1) | (0.6) | (0.9) | (0.9) | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (23.0) | (20.6) | (23.3) | (17.7) | (17.0) | (9.5) | (13.8) | (10.0) | (6.9) | (8.0) | (10.1) | (8.8) | (17.7) | (10.9) | (8.8) | (13.2) | (9.4) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (23.0) | (20.6) | (23.3) | (17.7) | (17.0) | (9.5) | (13.8) | (10.0) | (6.9) | (8.0) | (10.1) | (8.8) | (17.7) | (10.9) | (8.8) | (13.2) | (9.4) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (23.0) | (20.6) | (23.3) | (17.7) | (17.0) | (9.5) | (13.8) | (10.0) | (6.9) | (8.0) | (10.1) | (8.8) | (17.7) | (10.9) | (8.8) | (13.2) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (23.0) | (20.6) | (23.3) | (17.7) | (17.0) | (9.5) | (13.8) | (10.0) | (6.9) | (8.0) | (10.1) | (8.8) | (17.7) | (10.9) | (8.8) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.23) | - | (1.90) | (1.44) | (1.39) | - | (1.15) | (0.90) | (0.83) | - | (2.27) | (2.05) | (4.24) | - | (2.11) | (3.18) | (2.26) | - | (0.02) | (0.15) | (0.14) | - | (0.43) | (0.52) | - | - | - | 0.03 | - | - | - | (0.21) | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.23) | - | (1.90) | (1.44) | (1.39) | - | (1.15) | (0.90) | (0.83) | - | (2.27) | (2.05) | (4.24) | - | (2.11) | (3.18) | (2.26) | - | ||||||||||||||||||||||
| Shares Basic | 18.7 | - | 12.3 | 12.2 | 12.2 | - | 12.0 | 11.1 | 8.3 | - | 4.4 | 4.3 | 4.2 | - | 4.2 | 4.2 | 4.2 | - | ||||||||||||||||||||||
| Shares Diluted | 18.7 | - | 12.3 | 12.2 | 12.2 | - | 12.0 | 11.1 | 8.3 | - | 4.4 | 4.3 | 4.2 | - | 4.2 | 4.2 | 4.2 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (24.3) | (22.0) | (24.3) | (19.1) | (19.7) | (12.6) | (15.3) | (10.8) | (9.5) | (10.0) | (9.3) | (8.0) | (17.1) | (10.6) | (8.0) | (12.1) | (8.3) | (9.8) | (13.6) | (16.4) | (15.1) | (20.5) | (33.8) | (37.8) | (29.6) | (26.9) | (24.9) | 1.9 | (26.4) | (17.4) | (14.8) | (12.3) | (11.8) | (10.8) | (6.8) | (7.3) | (7.4) | (7.5) | (5.3) | (4.2) |
| EBIT | (24.3) | (22.0) | (24.4) | (19.2) | (19.8) | (12.6) | (15.5) | (11.0) | (9.6) | (10.1) | (9.5) | (8.2) | (17.3) | (10.8) | (8.2) | (12.3) | (8.5) | (10.0) | (13.9) | |||||||||||||||||||||
| Selling General & Administrative |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 15.6 | 15.2 | 16.5 | 13.9 | 18.7 | 20.4 | 28.5 | 23.6 | 13.0 | 9.0 | 6.5 | 3.6 | 1.4 | 0.3 |
| Depreciation & Amortization | 0.2 | 0.2 | 0.6 | 0.6 | 0.8 | 1.0 | 1.1 | 0.7 | 0.5 | 0.3 | 0.1 | 0.0 | 0.0 | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 89.8 | 85.3 | 48.7 | 45.1 | 39.8 | 56.9 | 126.7 | 113.2 | 61.6 | 35.0 | 21.9 | 9.5 | 2.6 | 0.6 |
| - |
| 0.0 |
| 1.9 |
| 3.9 |
| 3.1 |
| 2.7 |
| 1.1 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 5.3 | 6.8 | 8.5 | 0.5 | (2.5) | 10.3 | 11.5 | 5.7 | 1.1 | 0.1 | (0.0) | 0.0 | 0.1 | (0.0) |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| (84.5) |
| (78.5) |
| (40.2) |
| (44.6) |
| (42.3) |
| (45.6) |
| (111.3) |
| (71.5) |
| (55.7) |
| (32.4) |
| (20.0) |
| (8.9) |
| (2.5) |
| (0.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (84.5) | (78.5) | (40.2) | (44.6) | (42.3) | (45.6) | (111.3) | (71.5) | (55.7) | (32.4) | (20.0) | (8.9) | (2.5) | (0.6) |
| Net Income Attributable To Parent | (84.5) | (78.5) | (40.2) | (44.6) | (42.3) | (45.6) | (111.3) | (71.5) | (55.7) | (32.4) | (20.0) | (8.9) | (2.5) | (0.6) |
| Less: Minority Interest | - | (78.5) | (40.2) | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (84.5) | (78.5) | (40.2) | (44.6) | (42.3) | (45.6) | (111.3) | (71.5) | (55.7) | (32.4) | (20.0) | (8.9) | (2.5) | (0.6) |
| (4.52) |
| (5.90) |
| (3.68) |
| (10.31) |
| (10.15) |
| (11.15) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 18.7 | 13.3 | 10.9 | 4.3 | 4.2 | 4.1 | 78.1 | - | - | - | - | - | - | - |
| Shares Diluted | 18.7 | 13.3 | 10.9 | 4.3 | 4.2 | 4.1 | - | - | - | - | - | - | - | - |
| (89.8) |
| (85.3) |
| (48.7) |
| (45.1) |
| (39.8) |
| (56.0) |
| (122.8) |
| (77.1) |
| (56.7) |
| (32.6) |
| (20.0) |
| (8.9) |
| (2.6) |
| (0.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.2 |
| 5.3 |
| 5.6 |
| 5.3 |
| 5.4 |
| 7.7 |
| 7.7 |
| 7.7 |
| 6.3 |
| 5.5 |
| 5.2 |
| 6.6 |
| 3.7 |
| 3.2 |
| 3.0 |
| 3.1 |
| 2.6 |
| 2.1 |
| 1.9 |
| 2.4 |
| 2.6 |
| 1.8 |
| 1.0 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.5 |
| 10.0 |
| 14.0 |
| 16.8 |
| 16.1 |
| 21.5 |
| 35.2 |
| 38.4 |
| 31.6 |
| 29.8 |
| 27.7 |
| 27.4 |
| 28.4 |
| 19.5 |
| 16.0 |
| 13.2 |
| 12.8 |
| 10.9 |
| 7.8 |
| 7.6 |
| 8.7 |
| 7.9 |
| 6.1 |
| 4.6 |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.5 |
| 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 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.3) |
| 11.7 |
| (0.4) |
| (0.7) |
| 12.2 |
| (0.9) |
| 0.0 |
| 0.2 |
| 0.6 |
| 4.3 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| (0.0) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.3) |
| (2.2) |
| (17.1) |
| (16.1) |
| (8.6) |
| (34.9) |
| (38.1) |
| (29.7) |
| (26.6) |
| (20.8) |
| 2.2 |
| (26.2) |
| (17.3) |
| (14.6) |
| (12.1) |
| (11.7) |
| (10.7) |
| (7.0) |
| (7.3) |
| (7.5) |
| (7.6) |
| (5.3) |
| (4.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.3) |
| (2.2) |
| (17.1) |
| (16.1) |
| (8.6) |
| (34.9) |
| (38.1) |
| (29.7) |
| (26.6) |
| (20.8) |
| 2.2 |
| (26.2) |
| (17.3) |
| (14.6) |
| (12.1) |
| (11.7) |
| (10.7) |
| (7.0) |
| (7.3) |
| (7.5) |
| (7.6) |
| (5.3) |
| (4.2) |
| (9.4) |
| (10.3) |
| (2.2) |
| (17.1) |
| (16.1) |
| (8.6) |
| (34.9) |
| (38.1) |
| (29.7) |
| (26.6) |
| (20.8) |
| 2.2 |
| (26.2) |
| (17.3) |
| (14.6) |
| (12.1) |
| (11.7) |
| (10.7) |
| (7.0) |
| (7.3) |
| (7.5) |
| (7.6) |
| (5.3) |
| (4.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.2) |
| (9.4) |
| (10.3) |
| (2.2) |
| (17.1) |
| (16.1) |
| (8.6) |
| (34.9) |
| (38.1) |
| (29.7) |
| (26.6) |
| (20.8) |
| 2.2 |
| (26.2) |
| (17.3) |
| (14.6) |
| (12.1) |
| (11.7) |
| (10.7) |
| (7.0) |
| (7.3) |
| (7.5) |
| (7.6) |
| (5.3) |
| (4.2) |
| (0.02) |
| - |
| - |
| - |
| - |
| (0.52) |
| - |
| - |
| - |
| 0.03 |
| - |
| - |
| - |
| (0.21) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 125.2 |
| 116.4 |
| 116.3 |
| - |
| 81.9 |
| 73.9 |
| - |
| - |
| - |
| 64.5 |
| - |
| - |
| - |
| 57.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 125.2 |
| - |
| - |
| - |
| - |
| 73.9 |
| - |
| - |
| - |
| 68.5 |
| - |
| - |
| - |
| 57.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.7) |
| (15.4) |
| (20.8) |
| (34.0) |
| (38.1) |
| (29.9) |
| (27.2) |
| (25.1) |
| 1.7 |
| (26.5) |
| (17.6) |
| (14.9) |
| (12.4) |
| (11.9) |
| (10.9) |
| (7.0) |
| (7.3) |
| (7.5) |
| (7.6) |
| (5.3) |
| (4.2) |