| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 0.9 | 0.6 | 2.8 | 1.5 | 0.8 | 0.5 | 1.1 | 1.2 | 1.4 | 8.9 | 2.4 | 2.3 | 2.2 | (1.3) | 2.1 | 1.5 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 5.7 | 5.6 | 4.2 | 15.7 | 4.8 | 5.7 | 11.3 | 14.7 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 128.6 | 116.7 | 89.3 | 60.2 | 75.5 | 70.3 | 101.6 | 115.1 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (168.4) | (147.1) | (116.6) | (76.4) | (96.6) | (98.6) | (158.8) | (171.0) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.7 | 0.5 | 0.1 | 0.0 | 0.1 | (0.4) | (0.0) | 0.6 |
| Net Income From Continuing Ops | (167.4) | (146.9) | (113.9) | 72.7 | 96.3 | |||
| Per Share | ||||||||
| EPS Basic | (0.39) | (1.05) | (1.17) | (0.76) | (1.24) | (1.78) | - | - |
| EPS Diluted | (0.39) | (1.05) | (1.17) | (0.76) | (1.24) | (1.78) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (144.1) | (113.9) | (72.9) | (93.9) | (94.2) | (154.4) | - |
| EBIT | (168.4) | (147.1) | (116.6) | (76.4) | (96.6) | (98.6) | ||
| 2.5 |
| 2.9 |
| 1.3 |
| (1.5) |
| 2.9 |
| (1.2) |
| 4.2 |
| 3.6 |
| 4.7 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 33.4 | 32.9 | 28.6 | 33.7 | 21.5 | 18.9 | 23.7 | 25.4 | 21.4 | 12.8 | 13.8 | 17.6 | 16.0 | 29.6 | 15.1 | 18.6 | 12.2 | 11.7 | 16.3 | 20.2 | 22.2 | 26.4 | 25.8 | 21.9 | 27.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 4.8 | 1.3 | 1.2 | 0.4 | 0.3 | 0.4 | 0.5 | 1.0 | 0.8 | 0.8 | 0.7 | 0.5 | 0.4 | (0.1) | 0.2 | 1.0 | 0.5 | ||||||||
| General & Administrative | 10.5 | 11.5 | 7.3 | 8.5 | 5.6 | 5.1 | 7.2 | 8.6 | 7.8 | 7.2 | 6.2 | 9.2 | 6.9 | 7.2 | 4.8 | 5.7 | 6.6 | ||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 48.8 | 45.7 | 37.1 | 42.6 | 27.4 | 24.4 | 31.4 | 35.0 | 30.0 | 20.8 | 20.6 | 27.4 | 23.4 | 36.7 | 20.1 | 25.4 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (47.9) | (45.1) | (34.3) | (41.1) | (26.6) | (23.9) | (30.3) | (33.8) | (28.6) | (11.9) | (18.3) | (25.1) | (21.2) | (38.0) | (18.0) | (23.8) | (16.8) | (13.5) | (24.4) | (31.1) | (29.6) | (40.2) | (29.8) | (47.7) | (41.2) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Pre-Tax Income | (47.4) | (44.4) | (33.2) | (41.8) | (27.1) | (23.0) | (30.4) | (33.1) | (27.3) | (11.2) | (16.7) | (24.2) | (20.6) | (39.3) | (17.3) | (23.0) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.2 | 0.4 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | (0.4) | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (47.6) | (44.8) | (33.2) | (41.9) | (27.1) | (23.0) | (30.4) | (33.1) | (27.3) | 134.3 | (16.7) | (24.2) | (20.6) | 153.3 | (17.3) | (23.0) | (16.7) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (47.6) | (44.8) | (33.2) | (41.9) | (27.1) | (23.0) | (30.4) | (33.1) | (27.3) | 134.3 | (16.7) | (24.2) | (20.6) | 153.3 | (17.3) | (23.0) | (16.7) | ||||||||
| Net Income Attributable To Parent | (47.6) | (44.8) | (33.2) | (41.9) | (27.1) | (23.0) | (30.4) | (33.1) | (27.3) | 134.3 | (16.7) | (24.2) | (20.6) | 153.3 | (17.3) | (23.0) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (47.6) | (44.8) | (33.2) | (41.9) | (27.1) | (23.0) | (30.4) | (33.1) | (27.3) | (11.2) | (16.7) | (24.2) | (20.6) | (39.2) | (17.3) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.11) | - | (0.24) | (0.31) | (0.26) | - | (0.32) | (0.34) | (0.28) | - | (0.17) | (0.26) | (0.22) | - | (0.18) | (0.35) | (0.30) | - | (0.44) | (0.56) | - | - | - | - | - |
| EPS Diluted | (0.11) | - | (0.24) | (0.31) | (0.26) | - | (0.32) | (0.34) | (0.28) | - | (0.17) | (0.26) | (0.22) | - | (0.18) | (0.35) | (0.30) | - | |||||||
| Shares Basic | 428.3 | - | 136.8 | 134.5 | 102.6 | - | 96.2 | 96.2 | 96.2 | - | 96.1 | 94.3 | 94.0 | - | 93.9 | 66.0 | 54.9 | - | |||||||
| Shares Diluted | 428.3 | - | 136.8 | 134.5 | 102.6 | - | 96.2 | 96.2 | 96.2 | - | 96.1 | 94.3 | 94.0 | - | 93.9 | 66.0 | 54.9 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (47.9) | (45.1) | (34.3) | (41.1) | (26.6) | (23.9) | (30.3) | (33.8) | (28.6) | (11.9) | (18.3) | (25.1) | (21.2) | (38.0) | (18.0) | (23.8) | (16.8) | (13.5) | (24.4) | ||||||
| - |
| - |
| - |
| Selling & Marketing | 7.7 | 3.2 | 2.7 | 2.4 | 1.6 | 4.4 | 9.9 | 21.6 |
| General & Administrative | 37.7 | 32.8 | 28.7 | 29.5 | 24.3 | 30.5 | 35.1 | 49.1 |
| Depreciation & Amortization | - | 3.0 | 2.7 | 3.6 | 2.7 | 4.4 | 4.4 | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 174.1 | 152.7 | 120.7 | 92.2 | 101.5 | 104.3 | 170.1 | 185.7 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - |
| Pre-Tax Income | (166.8) | (146.5) | (113.9) | (72.7) | (96.2) | (98.2) | (159.6) | (171.4) |
| (97.8) |
| (159.6) |
| (172.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (167.4) | (146.9) | (113.9) | 72.7 | 96.3 | (97.8) | (159.6) | (172.0) |
| Net Income Attributable To Parent | (167.4) | (146.9) | (113.9) | 72.7 | 96.3 | (97.8) | (159.6) | (172.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (167.4) | (146.9) | (113.9) | (72.7) | (96.3) | (97.8) | (159.6) | (172.0) |
| - |
| - |
| Shares Basic | 428.3 | 139.6 | 97.0 | 95.1 | 77.4 | 54.9 | - | - |
| Shares Diluted | 428.3 | 139.6 | 97.0 | 95.1 | 77.4 | 54.9 | - | - |
| (158.8) |
| (171.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| - |
| - |
| - |
| 7.3 |
| 4.3 |
| 8.3 |
| 8.3 |
| 9.7 |
| 8.2 |
| 6.9 |
| 8.9 |
| 11.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.3 |
| 16.4 |
| 25.7 |
| 29.6 |
| 32.6 |
| 38.9 |
| 33.9 |
| 51.3 |
| 45.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.6) |
| (13.6) |
| (24.0) |
| (31.1) |
| (29.4) |
| (39.5) |
| (30.9) |
| (48.2) |
| (40.9) |
| (13.7) |
| (24.0) |
| (30.7) |
| (29.4) |
| (39.5) |
| (31.0) |
| (48.2) |
| (40.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.7) |
| (24.0) |
| (30.7) |
| (29.4) |
| (39.5) |
| (31.0) |
| (48.2) |
| (40.9) |
| (16.7) |
| (13.7) |
| (24.0) |
| (30.7) |
| (29.4) |
| (39.5) |
| (31.0) |
| (48.2) |
| (40.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.0) |
| (16.7) |
| (13.7) |
| (24.0) |
| (30.7) |
| (29.4) |
| (39.5) |
| (31.0) |
| (48.2) |
| (40.9) |
| (0.44) |
| (0.56) |
| - |
| - |
| - |
| - |
| - |
| 54.9 |
| 54.9 |
| - |
| - |
| - |
| - |
| - |
| 54.9 |
| 54.9 |
| - |
| - |
| - |
| - |
| - |
| (31.1) |
| (29.6) |
| (40.2) |
| (29.8) |
| (47.7) |
| (41.2) |