| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||
| Revenues | 5.7 | 21.9 | 2.1 | 3.0 | 0.4 | 1.6 | 3.3 | 2.7 | 1.7 | 1.8 | 2.1 | 1.4 | 0.2 | 0.2 | 0.1 | 0.0 | |||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 32.7 | 27.5 | 9.3 | 5.5 | 1.2 | 14.9 | 3.2 | 3.5 | 1.1 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 36.1 | 37.7 | 36.3 | 40.8 | 38.6 | 41.3 | 33.5 | 27.5 | 28.5 | 18.9 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (19.6) | (26.6) | (41.5) | (52.1) | (53.2) | (43.7) | (45.0) | (36.8) | (38.7) | (23.2) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | 0.1 | 0.1 | 0.1 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | - | 0.5 | 0.0 | - | 0.0 | 0.5 | 0.2 | 0.4 | 0.8 | - |
| Net Income From Continuing Ops | (19.5) | (26.6) | (40.7) | |||||||
| Per Share | ||||||||||
| EPS Basic | (4.06) | (0.28) | (0.72) | (1.11) | (1.49) | (1.41) | - | - | - | - |
| EPS Diluted | (4.06) | (0.28) | (0.72) | (1.11) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (18.2) | (25.6) | (41.1) | (51.6) | (52.3) | (42.5) | (44.0) | (36.0) | (37.9) | (22.8) |
| EBIT | (19.6) | (26.6) | (41.5) | (52.1) | ||||||
| 1.0 |
| 8.3 |
| 2.4 |
| 2.7 |
| 1.6 |
| 0.5 |
| 0.7 |
| 1.1 |
| 0.9 |
| 1.0 |
| 1.0 |
| 1.1 |
| 0.4 |
| - |
| 0.4 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| Research & Development | 6.9 | 16.5 | 4.8 | 7.9 | 8.5 | 7.2 | 9.4 | 9.5 | 10.2 | 10.9 | 9.9 | 10.7 | 9.4 | 11.3 | 7.6 | 9.6 | 10.1 | 11.5 | 11.3 | 8.8 | 9.8 | 8.0 | 7.5 | 8.1 | 9.9 | 7.0 | 5.3 | 6.9 | 8.4 | 7.0 | 10.3 | 5.4 | 5.8 | 9.0 | 4.0 | 3.4 | 2.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| General & Administrative | 4.2 | 3.5 | 4.9 | 3.7 | 4.2 | 4.0 | 2.9 | 3.5 | 4.2 | 4.6 | 3.6 | 4.2 | 4.2 | 3.7 | 3.5 | 3.8 | 5.2 | ||||||||||||||||||||
| Depreciation & Amortization | 0.6 | 0.7 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | |||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Total Operating Expenses | 11.0 | 20.0 | 9.7 | 11.6 | 12.7 | 11.2 | 12.2 | 13.0 | 14.4 | 15.7 | 13.5 | 14.9 | 13.6 | 15.0 | 11.1 | 13.1 | |||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (5.4) | 2.0 | (7.6) | (8.6) | (12.3) | (9.6) | (8.8) | (10.4) | (12.7) | (13.8) | (11.4) | (13.5) | (13.4) | (14.9) | (11.0) | (13.1) | (14.2) | (7.9) | (13.0) | (10.3) | (12.5) | (11.0) | (10.1) | (10.9) | (13.0) | (9.0) | (7.1) | (9.2) | (11.4) | (10.9) | (12.8) | (7.5) | (7.5) | (10.4) | (5.0) | (4.4) | (3.4) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | 0.1 | - | - | - | 0.0 | (0.5) | 0.3 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | |||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Non-Operating Income | 0.2 | 0.1 | 0.1 | 0.2 | 0.0 | 0.1 | 0.2 | 0.2 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.1 | (0.1) | (0.0) | ||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.4 | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (5.2) | 1.6 | (7.4) | (8.5) | (12.3) | (9.5) | (8.7) | (10.2) | (12.3) | (13.4) | (11.0) | (13.2) | (13.1) | (14.6) | (11.0) | (13.2) | (14.3) | ||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income | (5.2) | 1.6 | (7.4) | (8.5) | (12.3) | (9.5) | (8.7) | (10.2) | (12.3) | (13.4) | (11.0) | (13.2) | (13.1) | (14.6) | (11.0) | (13.2) | (14.3) | ||||||||||||||||||||
| Net Income Attributable To Parent | (5.2) | 1.6 | (7.4) | (8.5) | (12.3) | (9.5) | (8.7) | (10.2) | (12.3) | (13.4) | (11.0) | (13.2) | (13.1) | (14.6) | (11.0) | (13.2) | |||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income To Common Shareholders | (5.2) | 1.6 | (7.4) | (8.5) | (12.3) | (9.5) | (8.7) | (10.2) | (12.3) | (13.4) | (11.0) | (13.2) | (13.1) | (14.6) | (11.0) | ||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.08) | - | (0.07) | (0.09) | (4.95) | - | (0.17) | (0.20) | (0.25) | - | (0.24) | (0.29) | (0.29) | - | (0.31) | (0.37) | (0.44) | - | (0.41) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.08) | - | (0.07) | (0.09) | (4.95) | - | (0.17) | (0.20) | (0.25) | - | (0.24) | (0.29) | (0.29) | - | (0.31) | (0.37) | (0.44) | - | |||||||||||||||||||
| Shares Basic | 4.8 | - | 100.9 | 95.5 | 2.5 | - | 51.2 | 50.2 | 49.5 | - | 46.4 | 44.8 | 44.7 | - | 35.4 | 35.4 | 32.6 | - | |||||||||||||||||||
| Shares Diluted | 4.8 | - | 100.9 | 95.5 | 2.5 | - | 51.2 | 50.2 | 49.5 | - | 46.4 | 44.8 | 44.7 | - | 35.4 | 35.4 | 32.6 | - | |||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| EBITDA | (4.8) | 2.7 | (7.5) | (8.5) | (12.2) | (9.5) | (8.7) | (10.3) | (12.6) | (13.7) | (11.3) | (13.4) | (13.2) | (14.7) | (10.8) | (12.9) | (13.9) | (7.4) | (12.8) | (10.1) | (12.2) | (10.6) | (9.9) | (10.7) | (12.7) | (8.8) | (6.9) | (9.0) | (11.2) | (10.7) | (12.6) | (7.3) | (7.4) | - | - | - | (3.3) |
| EBIT | (5.4) | 2.0 | (7.6) | (8.6) | (12.3) | (9.6) | (8.8) | (10.4) | (12.7) | (13.8) | (11.4) | (13.5) | (13.4) | (14.9) | (11.0) | (13.1) | (14.2) | (7.9) | (13.0) | ||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 16.2 | 16.2 | 14.6 | 16.7 | 16.2 | 17.3 | 14.7 | 12.7 | 11.3 | 4.3 |
| Depreciation & Amortization | 1.4 | 1.0 | 0.4 | 0.6 | 0.9 | 1.3 | 1.1 | 0.8 | 0.8 | 0.4 |
| Amortization of Intangibles | - | - | - | - | - | - | 0.0 | 0.0 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 52.3 | 54.0 | 50.8 | 57.6 | 54.5 | 58.7 | 48.2 | 40.2 | 39.8 | 23.2 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.6 | 0.5 | 0.8 | 1.4 | 0.2 | 0.0 | 0.5 | 0.5 | 0.5 | 0.0 |
| Pre-Tax Income | - | - | - | - | (53.0) | (43.7) | (44.6) | (36.3) | (38.2) | (23.2) |
| (50.7) |
| (53.0) |
| (44.2) |
| (44.8) |
| (36.7) |
| (39.0) |
| (23.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (19.5) | (26.6) | (40.7) | (50.7) | (53.0) | (44.2) | (44.8) | (36.7) | (39.0) | (23.2) |
| Net Income Attributable To Parent | (19.5) | (26.6) | (40.7) | (50.7) | (53.0) | (44.2) | (44.8) | (36.7) | (39.0) | (23.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (19.5) | (26.6) | (40.7) | (50.7) | (53.0) | (44.2) | (44.8) | (36.7) | (39.0) | (23.2) |
| (1.49) |
| (1.41) |
| - |
| - |
| - |
| - |
| Shares Basic | 4.8 | 94.7 | 56.3 | 45.8 | 35.6 | 31.3 | - | - | - | - |
| Shares Diluted | 4.8 | 94.7 | 56.3 | 45.8 | 35.6 | 31.3 | - | - | - | - |
| (53.2) |
| (43.7) |
| (45.0) |
| (36.8) |
| (38.7) |
| (23.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.6 |
| 4.1 |
| 4.3 |
| 4.3 |
| 3.4 |
| 3.3 |
| 3.9 |
| 4.0 |
| 3.1 |
| 2.8 |
| 3.4 |
| 3.4 |
| 4.5 |
| 2.9 |
| 2.2 |
| 1.7 |
| 1.4 |
| 1.0 |
| 1.0 |
| 0.9 |
| 0.3 |
| 0.5 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.4 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.2 |
| 16.1 |
| 15.4 |
| 13.0 |
| 14.1 |
| 11.4 |
| 10.8 |
| 12.0 |
| 13.9 |
| 10.1 |
| 8.1 |
| 10.3 |
| 11.8 |
| 11.5 |
| 13.2 |
| 7.6 |
| 7.5 |
| 10.4 |
| 5.0 |
| 4.4 |
| 3.4 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.0) |
| (10.8) |
| - |
| - |
| (7.0) |
| (9.1) |
| - |
| - |
| (12.6) |
| (7.3) |
| - |
| - |
| - |
| - |
| - |
| (8.4) |
| (13.0) |
| (10.3) |
| (12.5) |
| (11.1) |
| (10.0) |
| (10.8) |
| (12.8) |
| (8.9) |
| (7.0) |
| (9.5) |
| (11.3) |
| (11.6) |
| (12.6) |
| (7.3) |
| (7.5) |
| (10.4) |
| (5.0) |
| (4.4) |
| (3.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.4) |
| (13.0) |
| (10.3) |
| (12.5) |
| (11.1) |
| (10.0) |
| (10.8) |
| (12.8) |
| (8.9) |
| (7.0) |
| (9.5) |
| (11.3) |
| (11.6) |
| (12.6) |
| (7.3) |
| (7.5) |
| (10.4) |
| (5.0) |
| (4.4) |
| (3.4) |
| (14.3) |
| (8.4) |
| (13.0) |
| (10.3) |
| (12.5) |
| (11.1) |
| (10.0) |
| (10.8) |
| (12.8) |
| (8.9) |
| (7.0) |
| (9.5) |
| (11.3) |
| (11.6) |
| (12.6) |
| (7.3) |
| (7.5) |
| (10.4) |
| (5.0) |
| (4.4) |
| (3.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.2) |
| (14.3) |
| (8.4) |
| (13.0) |
| (10.3) |
| (12.5) |
| (11.1) |
| (10.0) |
| (10.8) |
| (12.8) |
| (8.9) |
| (7.0) |
| (9.5) |
| (11.3) |
| (11.6) |
| (12.6) |
| (7.3) |
| (7.5) |
| (10.4) |
| (5.0) |
| (4.4) |
| (3.4) |
| (0.41) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.3) |
| (12.5) |
| (11.0) |
| (10.1) |
| (10.9) |
| (13.0) |
| (9.0) |
| (7.1) |
| (9.2) |
| (11.4) |
| (10.9) |
| (12.8) |
| (7.5) |
| (7.5) |
| (10.4) |
| (5.0) |
| (4.4) |
| (3.4) |