| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 135.8 | 117.7 | 65.3 | 52.1 | 36.2 | 34.8 | 18.6 | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (193.4) | (166.3) | (103.9) | (93.9) | (66.3) | (93.9) | (33.0) | - |
| Non-Operating | ||||||||
| Interest Income | 12.0 | 11.0 | 11.6 | 5.6 | - | - | - | - |
| Interest Expense | 6.1 | 5.5 | 2.3 | 0.9 | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | - | - | - | (1.2) | - | - |
| Net Income From Continuing Ops | (237.5) | (183.8) | (108.7) | (95.7) | (56.8) | |||
| Per Share | ||||||||
| EPS Basic | (2.18) | (2.06) | (1.54) | (2.44) | (1.84) | (3.40) | - | - |
| EPS Diluted | (2.18) | (2.06) | (1.54) | (2.44) | (1.84) | (3.40) | ||
| Supplementary Data | ||||||||
| EBITDA | - | - | - | - | - | - | - | - |
| EBIT | (193.4) | (166.3) | (103.9) | (93.9) | (66.3) | (93.9) | (33.0) | |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 41.5 | 33.5 | 31.0 | 29.8 | 23.4 | 21.8 | 17.2 | 14.6 | 11.7 | 11.5 | 13.2 | 14.8 | 12.6 | 8.8 | 7.8 | 9.3 | 10.2 | 10.9 | 9.0 | 8.1 | 6.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | 17.7 | 14.1 | 14.7 | 11.1 | 8.8 | 10.7 | 7.6 | 9.8 | 10.5 | 10.7 | 8.4 | 14.4 | 8.3 | 5.1 | 9.2 | 7.6 | 8.3 | ||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Amortization of Intangibles | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 59.2 | 47.6 | 45.7 | 40.9 | 32.2 | 32.5 | 24.8 | 24.5 | 22.2 | 22.2 | 21.6 | 29.2 | 20.9 | 13.9 | 17.0 | 16.9 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (59.2) | (47.6) | (45.7) | (40.9) | (32.2) | (32.5) | (24.8) | (24.5) | (22.2) | (22.2) | (21.6) | (29.2) | (20.9) | (13.9) | (17.0) | (16.9) | (18.5) | (17.6) | (17.2) | (45.2) | (13.8) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 3.5 | 3.5 | 2.3 | 2.8 | 2.4 | 3.3 | 3.5 | 3.1 | 1.7 | 1.3 | 1.5 | 1.4 | 1.4 | - | - | - | - | - | - | - | - |
| Interest Expense | 1.2 | 1.3 | 1.3 | 2.3 | 0.6 | 0.7 | 0.7 | 0.5 | 0.4 | 0.4 | 0.3 | 0.1 | 0.1 | - | - | - | - | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | (17.9) | (2.9) | (21.6) | (1.8) | 8.8 | (2.3) | 11.1 | 18.6 | (32.2) | (1.7) | 3.7 | 0.1 | (4.0) | 9.0 | 0.5 | (0.0) | 0.1 | ||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (16.5) | (17.0) | - | ||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (77.1) | (50.4) | (67.3) | (42.7) | (23.3) | (34.7) | (13.7) | (5.9) | (54.4) | (23.9) | (17.9) | (29.1) | (24.8) | (4.9) | (16.5) | (17.0) | (18.5) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (77.1) | (50.4) | (67.3) | (42.7) | (23.3) | (34.7) | (13.7) | (5.9) | (54.4) | (23.9) | (17.9) | (29.1) | (24.8) | (4.9) | (16.5) | (17.0) | (18.5) | ||||
| Net Income Attributable To Parent | (77.1) | (50.4) | (67.3) | (42.7) | (23.3) | (34.7) | (13.7) | (5.9) | (54.4) | (23.9) | (17.9) | (29.1) | (24.8) | (4.9) | (16.5) | (17.0) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (77.1) | (50.4) | (67.3) | (42.7) | (23.3) | (34.7) | (13.7) | (5.9) | (54.4) | (23.9) | (17.9) | (29.1) | (24.8) | (4.9) | (16.5) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.71) | - | (0.78) | (0.50) | (0.27) | - | (0.18) | (0.08) | (1.14) | - | (0.45) | (0.76) | (0.65) | - | (0.56) | (0.60) | (0.66) | - | (0.61) | (0.11) | - |
| EPS Diluted | (0.71) | - | (0.78) | (0.50) | (0.35) | - | (0.27) | (0.26) | (1.14) | - | (0.45) | (0.76) | (0.65) | - | (0.56) | (0.60) | (0.66) | - | |||
| Shares Basic | 108.8 | - | 85.9 | 85.3 | 85.1 | - | 77.9 | 71.9 | 47.9 | - | 39.7 | 38.6 | 38.1 | - | 29.3 | 28.2 | 28.1 | - | |||
| Shares Diluted | 108.8 | - | 85.9 | 85.3 | 87.1 | - | 80.2 | 75.3 | 47.9 | - | 39.7 | 38.6 | 38.1 | - | 29.3 | 28.2 | 28.1 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (59.2) | (47.6) | (45.7) | (40.9) | (32.2) | (32.5) | (24.8) | (24.5) | (22.2) | (22.2) | (21.6) | (29.2) | (20.9) | (13.9) | (17.0) | (16.9) | (18.5) | (17.6) | (17.2) | ||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 57.6 | 48.6 | 38.6 | 41.7 | 30.2 | 59.1 | 14.4 | - |
| Depreciation & Amortization | - | - | - | - | - | - | - | - |
| Amortization of Intangibles | - | 0.0 | 0.5 | 3.2 | 3.2 | 2.6 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 193.4 | 166.3 | 103.9 | 93.9 | 66.3 | 93.9 | 33.0 | - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (44.2) | (17.5) | (4.8) | (1.9) | 9.5 | (0.3) | (0.9) | - |
| Pre-Tax Income | - | (183.8) | (108.7) | (95.7) | (56.8) | (94.2) | (33.9) | (10.7) |
| (93.0) |
| (33.9) |
| - |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (237.5) | (183.8) | (108.7) | (95.7) | (56.8) | (93.0) | (33.9) | - |
| Net Income Attributable To Parent | (237.5) | (183.8) | (108.7) | (95.7) | (56.8) | (93.0) | (33.9) | - |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (237.5) | (183.8) | (108.7) | (95.7) | (56.8) | (93.0) | (33.9) | - |
| - |
| - |
| Shares Basic | 108.8 | 89.3 | 70.5 | 39.2 | 30.9 | 27.4 | - | - |
| Shares Diluted | 108.8 | 89.3 | 70.5 | 39.2 | 30.9 | 27.4 | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.7 |
| 8.2 |
| 37.1 |
| 7.0 |
| - |
| - |
| - |
| - |
| 0.8 |
| 0.8 |
| 0.8 |
| 0.3 |
| - |
| - |
| - |
| - |
| 18.5 |
| 17.6 |
| 17.2 |
| 45.2 |
| 13.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.4) |
| 0.0 |
| (0.0) |
| 0.1 |
| - |
| (17.2) |
| (45.3) |
| - |
| (16.8) |
| (17.2) |
| (45.3) |
| (13.8) |
| - |
| - |
| - |
| - |
| (16.8) |
| (17.2) |
| (45.3) |
| (13.8) |
| (18.5) |
| (16.8) |
| (17.2) |
| (45.3) |
| (13.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.0) |
| (18.5) |
| (16.8) |
| (17.2) |
| (45.3) |
| (13.8) |
| (0.61) |
| (0.11) |
| - |
| 28.0 |
| 410.8 |
| - |
| 28.0 |
| 410.8 |
| - |
| (45.2) |
| (13.8) |