| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | - | - | - | - | - | 1.5 | 1.5 | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||
| Research & Development | 12.9 | 25.7 | 57.2 | 73.2 | 45.0 | 32.2 | 20.4 | 24.4 | 21.8 | 22.5 | 23.3 |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (30.0) | (41.1) | (70.1) | (87.0) | (56.8) | (41.4) | (28.5) | (33.5) | (30.8) | (32.4) | (27.3) |
| Non-Operating | |||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.0 | 0.0 | - | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | - | 5.3 | 0.6 | - | 0.1 | (0.0) | (0.0) | (0.0) | 0.0 | (0.2) | - |
| Net Income From Continuing Ops | (56.9) | 4.8 | |||||||||
| Per Share | |||||||||||
| EPS Basic | (0.34) | 0.07 | (1.81) | (3.98) | (4.82) | (0.47) | (0.63) | (1.47) | (1.64) | (3.27) | - |
| EPS Diluted | (0.34) | 0.07 | (1.81) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | - | (41.1) | (70.1) | (87.0) | (56.7) | (41.4) | (28.5) | (33.4) | (30.7) | (32.3) | (27.3) |
| EBIT | (30.0) | (41.1) | (70.1) | ||||||||
| - |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 0.2 | 1.0 | 1.2 | 10.5 | 12.9 | 13.1 | 14.9 | 17.9 | 11.3 | 11.7 | 11.5 | 11.1 | 38.9 | 11.0 | 12.1 | 14.0 | 7.8 | 8.1 | 10.1 | 7.2 | 6.8 | 5.1 | 5.4 | 5.4 | 4.6 | 5.7 | 5.8 | 6.1 | 6.8 | 6.9 | 6.5 | 4.2 | 4.2 | 4.4 | 6.8 | 4.9 | 6.4 | 7.4 | 5.7 | 6.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 4.7 | 4.1 | 1.9 | 1.8 | 3.0 | 3.0 | 2.9 | 3.4 | 3.5 | 3.1 | 3.3 | 3.6 | 3.8 | 2.9 | 3.2 | 2.9 | 2.8 | |||||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | |||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 4.8 | 5.1 | 3.2 | 16.9 | 15.9 | 16.1 | 17.9 | 21.3 | 14.8 | 14.8 | 14.8 | 14.7 | 42.7 | 13.9 | 15.3 | 16.9 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (4.8) | (5.1) | (3.2) | (16.9) | (15.9) | (16.1) | (17.9) | (21.3) | (14.8) | (14.8) | (14.8) | (14.7) | (42.7) | (13.9) | (15.3) | (16.9) | (10.6) | (10.5) | (12.1) | (9.6) | (9.2) | (7.2) | (7.5) | (7.5) | (6.4) | (8.3) | (7.9) | (8.5) | (8.8) | (9.0) | (8.6) | (6.8) | (6.3) | (6.5) | (8.6) | (7.0) | (10.2) | (7.9) | (7.0) | (7.2) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.1 | - | - | 0.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Pre-Tax Income | (82.3) | - | (3.1) | - | (15.4) | - | (17.5) | - | - | - | (13.7) | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | (5.1) | - | 0.2 | - | - | - | 0.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (77.2) | 40.2 | (3.3) | (16.6) | (15.4) | (15.4) | (18.2) | (20.1) | (13.8) | (12.5) | (13.7) | (13.4) | (41.9) | (12.1) | (15.1) | (17.0) | (10.4) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (77.2) | 40.2 | (3.3) | (16.6) | (15.4) | (15.4) | (18.2) | (20.1) | (13.8) | (12.5) | (13.7) | (13.4) | (41.9) | (12.1) | (15.1) | (17.0) | (10.4) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (77.2) | 40.2 | (3.3) | (16.6) | (15.4) | (15.4) | (18.2) | (20.1) | (13.8) | (12.5) | (13.7) | (13.4) | (41.9) | (12.1) | (15.1) | (17.0) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (77.2) | 40.2 | (3.3) | (16.6) | (15.4) | (15.4) | (18.2) | (20.4) | (13.8) | (12.5) | (13.7) | (13.4) | (41.9) | (12.1) | (15.1) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.46) | - | (0.08) | (0.40) | (0.37) | - | (0.44) | (0.52) | (0.51) | - | (0.51) | (0.91) | (3.24) | - | (1.33) | (1.50) | (0.09) | - | (0.14) | (0.12) | (0.12) | - | (0.09) | (0.12) | (0.55) | - | (0.33) | (0.37) | (0.47) | - | (0.45) | - | - | - | (0.73) | - | - | - | - | - |
| EPS Diluted | (0.46) | - | (0.08) | (0.40) | (0.37) | - | (0.44) | (0.52) | (0.51) | - | (0.51) | (0.91) | (3.24) | - | (1.33) | (1.50) | (0.09) | - | ||||||||||||||||||||||
| Shares Basic | 168.1 | - | 41.4 | 41.4 | 41.3 | - | 41.2 | 39.1 | 27.0 | - | 27.0 | 14.7 | 12.9 | - | 11.3 | 11.3 | 113.2 | - | ||||||||||||||||||||||
| Shares Diluted | 168.1 | - | 41.4 | 41.4 | 41.3 | - | 41.2 | 39.1 | 27.0 | - | 27.0 | 14.7 | 12.9 | - | 11.3 | 11.3 | 113.2 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | (14.8) | - | - | - | (42.7) | - | - | - | (10.6) | - | - | - | (9.2) | - | - | - | (6.4) | - | - | - | (8.8) | - | - | - | (6.3) | - | - | - | (10.2) | - | - | - |
| EBIT | (4.8) | (5.1) | (3.2) | (16.9) | (15.9) | (16.1) | (17.9) | (21.3) | (14.8) | (14.8) | (14.8) | (14.7) | (42.7) | (13.9) | (15.3) | (16.9) | (10.6) | (10.5) | (12.1) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 12.5 | 10.9 | 12.8 | 13.8 | 11.8 | 10.8 | 9.6 | 9.1 | 8.9 | 9.8 | 4.0 |
| 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 | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 30.0 | 41.1 | 70.1 | 87.0 | 56.8 | 42.9 | 30.0 | 33.5 | 30.8 | 32.4 | 27.3 |
| - |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.5 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | (0.1) | (0.0) |
| Pre-Tax Income | - | 10.1 | (67.0) | (81.4) | (54.4) | (40.6) | (27.5) | (32.9) | (23.1) | (29.9) | (25.6) |
| (67.6) |
| (81.4) |
| (54.6) |
| (40.6) |
| (27.5) |
| (32.9) |
| (23.1) |
| (29.7) |
| (25.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (56.9) | 4.8 | (67.6) | (81.4) | (54.6) | (40.6) | (27.5) | (32.9) | (23.1) | (29.7) | (25.6) |
| Net Income Attributable To Parent | (56.9) | 4.8 | (67.6) | (81.4) | (54.6) | (40.6) | (27.5) | (32.9) | (23.1) | (29.7) | (25.6) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | 0.4 | - | - | - | - |
| Net Income To Common Shareholders | (56.9) | 4.8 | (67.8) | (81.4) | (54.6) | (40.6) | (37.6) | (33.3) | (23.1) | (30.0) | (25.6) |
| (3.98) |
| (4.82) |
| (0.47) |
| (0.63) |
| (1.47) |
| (2.11) |
| (3.31) |
| - |
| Shares Basic | 168.1 | 66.1 | 37.6 | 20.4 | 11.3 | 85.8 | 59.3 | 22.6 | 14.1 | 9.2 | - |
| Shares Diluted | 168.1 | 70.7 | 37.6 | 20.4 | 11.3 | 85.8 | 59.3 | 22.6 | 14.4 | 9.2 | - |
| (87.0) |
| (56.8) |
| (41.4) |
| (28.5) |
| (33.5) |
| (30.8) |
| (32.4) |
| (27.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.8 |
| 2.4 |
| 2.8 |
| 2.7 |
| 2.4 |
| 2.5 |
| 2.5 |
| 2.2 |
| 2.6 |
| 2.2 |
| 2.3 |
| 2.0 |
| 2.1 |
| 2.1 |
| 2.6 |
| 2.1 |
| 2.1 |
| 1.8 |
| 2.1 |
| 3.8 |
| 0.5 |
| 1.4 |
| 1.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.6 |
| 10.9 |
| 12.5 |
| 10.0 |
| 9.5 |
| 7.5 |
| 7.9 |
| 7.9 |
| 6.8 |
| 8.3 |
| 7.9 |
| 8.5 |
| 8.8 |
| 9.0 |
| 8.6 |
| 6.8 |
| 6.3 |
| 6.5 |
| 8.6 |
| 7.0 |
| 10.2 |
| 7.9 |
| 7.0 |
| 7.2 |
| 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 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.8) |
| (11.1) |
| (9.5) |
| (9.1) |
| (6.7) |
| (7.1) |
| (6.5) |
| (7.2) |
| (8.0) |
| (7.9) |
| (8.4) |
| (8.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.8) |
| (11.1) |
| (9.5) |
| (9.1) |
| (6.7) |
| (7.1) |
| (6.5) |
| (7.2) |
| (8.0) |
| (7.9) |
| (8.4) |
| (8.6) |
| 1.5 |
| (6.6) |
| (7.4) |
| (10.6) |
| (6.6) |
| (6.8) |
| (6.9) |
| (9.4) |
| (5.7) |
| (7.3) |
| (7.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.8) |
| (11.1) |
| (9.5) |
| (9.1) |
| (6.7) |
| (7.1) |
| (6.5) |
| (7.2) |
| (8.0) |
| (7.9) |
| (8.4) |
| (8.6) |
| 1.5 |
| (6.6) |
| (7.4) |
| (10.6) |
| (6.6) |
| (6.8) |
| (6.9) |
| (9.4) |
| (5.7) |
| (7.3) |
| (7.5) |
| (10.4) |
| (10.8) |
| (11.1) |
| (9.5) |
| (9.1) |
| (6.7) |
| (7.1) |
| (6.5) |
| (7.2) |
| (8.0) |
| (7.9) |
| (8.4) |
| (8.6) |
| 1.5 |
| (6.6) |
| (7.4) |
| (10.6) |
| (6.6) |
| (6.8) |
| (6.9) |
| (9.4) |
| (5.7) |
| (7.3) |
| (7.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.0) |
| (10.4) |
| (10.8) |
| (11.1) |
| (9.5) |
| (9.1) |
| (6.7) |
| (7.1) |
| (6.5) |
| (17.3) |
| (8.0) |
| (7.9) |
| (8.4) |
| (9.0) |
| 1.5 |
| (6.6) |
| (7.4) |
| (10.6) |
| (6.6) |
| (6.8) |
| (6.9) |
| (9.7) |
| (5.7) |
| (7.3) |
| (7.5) |
| (0.14) |
| (0.12) |
| (0.12) |
| - |
| (0.09) |
| (0.12) |
| (0.55) |
| - |
| (0.33) |
| (0.37) |
| (0.47) |
| - |
| (0.55) |
| - |
| - |
| - |
| (0.73) |
| - |
| - |
| - |
| - |
| - |
| 78.2 |
| 76.4 |
| 76.4 |
| - |
| 76.3 |
| 52.4 |
| 31.6 |
| - |
| 23.9 |
| 22.9 |
| 19.2 |
| - |
| 14.7 |
| - |
| - |
| - |
| 9.4 |
| - |
| - |
| - |
| - |
| - |
| 78.2 |
| 76.4 |
| 76.4 |
| - |
| 76.3 |
| 52.4 |
| 31.6 |
| - |
| 23.9 |
| 22.9 |
| 19.2 |
| - |
| 15.2 |
| - |
| - |
| - |
| 9.4 |
| - |
| - |
| - |
| - |
| - |
| (9.6) |
| (9.2) |
| (7.2) |
| (7.5) |
| (7.5) |
| (6.4) |
| (8.3) |
| (7.9) |
| (8.5) |
| (8.8) |
| (9.0) |
| (8.6) |
| (6.8) |
| (6.3) |
| (6.5) |
| (8.6) |
| (7.0) |
| (10.2) |
| (7.9) |
| (7.0) |
| (7.2) |