| (in millions of USD, except per-share data) | Q2 FY 26 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 1.7 | 3.9 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||
| Revenues | - | - | - | - | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | - | - | - | - | 0.0 | 0.0 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | 0.1 | 0.1 | 0.0 | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||
| Research & Development | 6.5 | 9.2 | 11.9 | 14.8 | 17.7 | 12.2 | 8.8 | 8.6 | 6.6 | 2.9 | 2.9 | 1.8 | 0.0 | 0.7 | - | ||
| Operating Income | |||||||||||||||||
| Operating Income | (58.4) | (38.5) | (42.0) | (36.7) | (33.3) | (23.5) | (17.7) | (15.6) | (13.8) | (10.0) | (7.4) | (3.2) | (0.7) | (1.0) | |||
| Non-Operating | |||||||||||||||||
| Interest Income | 0.2 | 0.1 | 0.8 | 1.2 | 0.3 | 0.1 | 0.1 | 0.1 | - | - | 0.0 | 0.0 | - | - | - | - | |
| Tax & Net | |||||||||||||||||
| Income Tax Expense | 0.6 | 1.1 | 0.6 | 0.6 | 0.6 | 0.0 | 0.0 | - | - | - | - | - | - | - | 0.0 | ||
| Per Share | |||||||||||||||||
| EPS Basic | (2.06) | (3.38) | (5.97) | (5.57) | (0.23) | (0.23) | - | - | - | - | - | - | - | - | 0.00 | 0.00 | |
| Supplementary Data | |||||||||||||||||
| EBITDA | - | - | (42.0) | (36.7) | (33.3) | (23.5) | (17.7) | (15.6) | (13.8) | (10.0) | (7.4) | (3.2) | - | - | - | - | |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.3 | 0.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 1.3 | 3.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 1.6 | 1.6 | 1.6 | 1.6 | 3.8 | 2.1 | 2.9 | 2.8 | 3.6 | 2.6 | 2.9 | 3.8 | 4.7 | 3.4 | 3.9 | 4.9 | 3.5 | 5.5 | 2.3 | 2.2 | 1.6 | 6.2 | 1.5 | 2.6 | 2.0 | 2.7 | 2.0 | 2.8 | 1.7 | 2.1 | 1.7 | 0.8 | 3.4 | 0.6 | 0.5 | 0.2 | 0.9 | 1.4 | 1.9 | 0.4 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 26.4 | 5.7 | 3.9 | 4.4 | 4.8 | 5.4 | 5.5 | 4.8 | 4.3 | 3.7 | 4.2 | 3.7 | 4.8 | 2.6 | 2.7 | 3.0 | 3.1 | |||||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | 0.3 | 0.3 | 3.8 | 0.1 | 0.1 | 0.0 | |||||||||||||||||||||||
| Total Operating Expenses | 33.5 | 12.2 | 8.4 | 8.8 | 11.3 | 10.0 | 11.1 | 10.6 | 11.0 | 9.3 | 10.1 | 8.7 | 10.7 | 7.2 | 7.5 | 8.9 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (32.2) | (9.0) | (8.4) | (8.8) | (11.3) | (10.0) | (11.1) | (10.6) | (11.0) | (9.3) | (10.1) | (8.7) | (10.7) | (7.2) | (7.5) | (8.9) | (7.6) | (9.3) | (5.2) | (6.0) | (4.2) | (8.2) | (4.1) | (4.7) | (4.4) | (4.4) | (3.7) | (4.4) | (3.6) | (3.9) | (3.7) | (2.0) | (4.9) | (3.2) | (2.4) | (2.3) | (2.5) | (2.8) | (3.4) | (2.1) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | (0.1) | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.0 | 0.2 | - | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 3.9 | (0.1) | (0.0) | (0.2) | 0.0 | 0.0 | 0.1 | 0.2 | 2.6 | 0.3 | 0.3 | 0.3 | 0.3 | 3.8 | - | - | - | |||||||||||||||||||||||
| Pre-Tax Income | (28.3) | (9.1) | (8.5) | (8.9) | (11.2) | (10.0) | (10.9) | (10.4) | (8.4) | (9.1) | (9.8) | (8.3) | (10.4) | (3.4) | (7.4) | (8.9) | ||||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | (0.2) | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | - | - | - | - | (0.0) | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (28.1) | (9.4) | (8.7) | (9.2) | (11.5) | (10.3) | (11.1) | (10.6) | (8.5) | (9.2) | (9.9) | (8.5) | (10.5) | (3.6) | (8.0) | (8.9) | (7.6) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (28.1) | (9.4) | (8.7) | (9.2) | (11.5) | (10.3) | (11.1) | (10.6) | (8.5) | (9.2) | (9.9) | (8.5) | (10.5) | (3.6) | (8.0) | (8.9) | (7.6) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (21.2) | (8.2) | (6.9) | (8.8) | (11.5) | (10.3) | (29.3) | (10.6) | (8.5) | 9.2 | (9.9) | (8.5) | (10.5) | (3.6) | (8.0) | (8.9) | ||||||||||||||||||||||||
| Less: Minority Interest | (6.9) | (1.2) | (0.8) | (0.4) | (0.6) | (0.5) | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (21.2) | (8.2) | (8.0) | (8.8) | (10.9) | (9.8) | (11.5) | (10.9) | (8.5) | (9.2) | (11.1) | (8.5) | (10.5) | (3.6) | (8.0) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.95) | (0.38) | - | (0.80) | (1.27) | (1.30) | - | (1.57) | (1.34) | (1.45) | - | (0.06) | (0.07) | (0.02) | - | (0.06) | (0.05) | (0.06) | - | (0.05) | (0.04) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.95) | (0.38) | - | (0.80) | (1.27) | (1.30) | - | (1.57) | (1.34) | (1.45) | - | (0.06) | (0.07) | (0.02) | - | (0.06) | (0.05) | (0.06) | ||||||||||||||||||||||
| Shares Basic | 22.4 | 21.5 | - | 11.0 | 8.6 | 7.5 | - | 7.0 | 6.4 | 6.4 | - | 153.8 | 146.3 | 146.2 | - | 146.1 | 146.0 | 146.0 | ||||||||||||||||||||||
| Shares Diluted | 22.4 | 21.5 | - | 11.0 | 8.6 | 7.5 | - | 7.0 | 6.4 | 6.4 | - | 153.8 | 146.3 | 146.2 | - | 146.1 | 146.0 | 146.0 | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | (9.3) | - | - | - | (7.2) | - | - | - | (9.3) | - | - | - | (8.2) | - | - | - | (4.4) | - | - | - | (3.9) | - | - | - | (3.2) | - | - | - | (2.8) | - | - |
| EBIT | (32.2) | (9.0) | (8.4) | (8.8) | (11.3) | (10.0) | (11.1) | (10.6) | (11.0) | (9.3) | (10.1) | (8.7) | (10.7) | (7.2) | (7.5) | (8.9) | (7.6) | (9.3) | (5.2) | |||||||||||||||||||||
| - |
| - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 40.5 | 18.5 | 18.2 | 15.3 | 11.8 | 9.8 | 8.1 | 6.3 | 6.4 | 6.1 | 3.8 | 0.9 | 0.2 | 0.3 | 0.0 | 0.0 | - |
| Depreciation & Amortization | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | 0.3 | 0.5 | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 62.9 | 38.5 | 42.0 | 36.7 | 33.3 | 23.5 | 17.7 | 15.6 | 13.8 | 10.0 | 7.4 | 3.2 | 0.7 | 1.0 | 0.0 | 0.0 | - |
| (0.0) |
| (0.0) |
| - |
| - |
| Interest Expense | - | 0.3 | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.9 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | - |
| Income From Equity Investments | - | - | - | - | - | - | 0.1 | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 3.5 | (0.2) | 3.1 | 4.8 | 0.3 | 0.5 | 0.2 | 0.0 | 1.3 | (0.4) | (0.8) | 0.3 | (0.1) | (0.0) | - | (0.0) | - |
| Pre-Tax Income | (54.9) | (38.7) | (38.8) | (32.0) | (33.1) | (23.1) | (17.5) | (15.6) | 12.5 | 10.4 | (8.3) | (2.9) | (0.7) | (1.0) | (0.0) | (0.0) | - |
| 0.0 |
| - |
| Net Income From Continuing Ops | (55.5) | (39.7) | (39.4) | (32.5) | (33.6) | (23.1) | (17.5) | (15.6) | (12.5) | (10.4) | (8.3) | (2.9) | (0.7) | (1.0) | (0.0) | (0.0) | (0.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (55.5) | (39.7) | (39.4) | (32.5) | (33.6) | (23.1) | (17.5) | (15.6) | (12.5) | (10.4) | (8.3) | (2.9) | (0.7) | (1.0) | (0.0) | (0.0) | (0.0) |
| Net Income Attributable To Parent | (45.1) | (37.4) | (39.1) | (32.5) | (33.6) | (23.1) | (17.5) | (15.6) | (12.5) | (10.4) | (8.3) | (2.9) | (0.7) | (1.0) | (0.0) | (0.0) | (0.0) |
| Less: Minority Interest | (9.3) | (2.3) | (0.3) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | 1.5 | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (46.2) | (37.4) | (40.2) | (33.7) | (33.6) | (24.5) | (17.5) | (15.6) | (12.5) | (10.4) | (8.3) | (2.9) | (0.7) | (1.0) | (0.0) | (0.0) | (0.0) |
| - |
| EPS Diluted | (2.06) | (3.38) | (5.97) | (5.57) | (0.23) | (0.23) | - | - | - | - | - | - | - | - | 0.00 | 0.00 | - |
| Shares Basic | 22.4 | 11.1 | 6.7 | 6.1 | 146.1 | 108.6 | - | - | - | - | - | - | - | - | 18.0 | 18.0 | - |
| Shares Diluted | 22.4 | 11.1 | 6.7 | 6.1 | 146.1 | 108.6 | - | - | - | - | - | - | - | - | 18.0 | 18.0 | - |
| - |
| EBIT | (58.4) | (38.5) | (42.0) | (36.7) | (33.3) | (23.5) | (17.7) | (15.6) | (13.8) | (10.0) | (7.4) | (3.2) | (0.7) | (1.0) | (0.0) | (0.0) | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.9 |
| 2.4 |
| 3.4 |
| 2.3 |
| 1.7 |
| 2.4 |
| 1.9 |
| 2.3 |
| 1.6 |
| 1.5 |
| 1.5 |
| 1.7 |
| 1.6 |
| 1.8 |
| 1.1 |
| 1.2 |
| 2.3 |
| 1.7 |
| 1.8 |
| 1.4 |
| 1.1 |
| 1.3 |
| 1.5 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.6 |
| 9.3 |
| 5.2 |
| 6.0 |
| 4.2 |
| 8.2 |
| 4.1 |
| 4.7 |
| 4.4 |
| 4.4 |
| 3.7 |
| 4.4 |
| 3.6 |
| 3.9 |
| 3.7 |
| 2.0 |
| 4.9 |
| 3.2 |
| 2.4 |
| 2.3 |
| 2.5 |
| 2.8 |
| 3.4 |
| 2.1 |
| 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 |
| 0.8 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.0) |
| 0.8 |
| (0.0) |
| 0.4 |
| (0.0) |
| (0.6) |
| (0.2) |
| (0.2) |
| 0.6 |
| 0.8 |
| (1.5) |
| (7.6) |
| (9.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.9) |
| 22.2 |
| (2.0) |
| (4.4) |
| (3.2) |
| 17.7 |
| (2.4) |
| (2.7) |
| (2.2) |
| (2.6) |
| (3.6) |
| (9.2) |
| (5.0) |
| (5.8) |
| (4.1) |
| (8.1) |
| (4.1) |
| (4.7) |
| (4.4) |
| (4.3) |
| (3.6) |
| (4.4) |
| (3.6) |
| (3.9) |
| (2.8) |
| (2.0) |
| (4.4) |
| (3.2) |
| (3.0) |
| (2.4) |
| (2.7) |
| (2.2) |
| (2.6) |
| (3.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.2) |
| (5.0) |
| (5.8) |
| (4.1) |
| (8.1) |
| (4.1) |
| (4.7) |
| (4.4) |
| (4.3) |
| (3.6) |
| (4.4) |
| (3.6) |
| (3.9) |
| (2.8) |
| (2.0) |
| (4.4) |
| (3.2) |
| (3.0) |
| (2.4) |
| (2.7) |
| (2.2) |
| (2.6) |
| (3.6) |
| (7.6) |
| (9.2) |
| (5.0) |
| (5.8) |
| (4.1) |
| (8.1) |
| (4.1) |
| (4.7) |
| (4.4) |
| (4.3) |
| (3.6) |
| (4.4) |
| (3.6) |
| (3.9) |
| (2.8) |
| (2.0) |
| (4.4) |
| (3.2) |
| (3.0) |
| (2.4) |
| (2.7) |
| (2.2) |
| (2.6) |
| (3.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.9) |
| (7.6) |
| (9.2) |
| (5.0) |
| (7.3) |
| (4.1) |
| (8.1) |
| (4.1) |
| (4.7) |
| (4.4) |
| (4.3) |
| (3.6) |
| (4.4) |
| (3.6) |
| (3.9) |
| (2.8) |
| (2.0) |
| (4.4) |
| (3.2) |
| (3.0) |
| (2.4) |
| (2.7) |
| (2.2) |
| (2.6) |
| (3.6) |
| - |
| (0.05) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 137.2 |
| 96.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 137.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.0) |
| (4.2) |
| (8.2) |
| (4.1) |
| (4.7) |
| (4.4) |
| (4.4) |
| (3.7) |
| (4.4) |
| (3.6) |
| (3.9) |
| (3.7) |
| (2.0) |
| (4.9) |
| (3.2) |
| (2.4) |
| (2.3) |
| (2.5) |
| (2.8) |
| (3.4) |
| (2.1) |