| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | - | - | - | - | - | - | - | - | 0.5 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 26.9 | 24.6 | 19.1 | 13.1 | 7.8 | 8.8 | 8.2 | 7.9 | 4.5 | 3.2 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (36.7) | (34.4) | (26.7) | (21.3) | (14.0) | (13.6) | (12.7) | (11.6) | (6.8) | (4.5) |
| Non-Operating | ||||||||||
| Interest Income | 1.7 | 1.7 | 2.3 | 2.0 | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | - |
| Net Income From Continuing Ops | (35.1) | (32.8) | (24.4) | |||||||
| Per Share | ||||||||||
| EPS Basic | (0.65) | (0.70) | (0.60) | (0.60) | (0.52) | (0.65) | - | - | - | - |
| EPS Diluted | - | - | - | - | ||||||
| Supplementary Data | ||||||||||
| EBITDA | - | (34.4) | (26.6) | (21.2) | (14.0) | (13.6) | (12.7) | (11.6) | (6.7) | (4.5) |
| EBIT | (36.7) | (34.4) | (26.7) | (21.3) | ||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 8.0 | 6.7 | 6.4 | 5.8 | 5.7 | 6.5 | 5.0 | 3.9 | 3.7 | 3.7 | 3.3 | 2.5 | 3.6 | 2.3 | 1.6 | 2.0 | 2.0 | 1.9 | 2.3 | 2.2 | 2.4 | 3.1 | 2.2 | 1.6 | 1.3 | 1.8 | 1.6 | 1.9 | 2.6 | 1.5 | 1.2 | 1.1 | 0.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | 2.5 | 2.5 | 2.6 | 2.2 | 2.5 | 1.9 | 1.9 | 1.7 | 2.1 | 2.2 | 1.9 | 2.2 | 1.9 | 1.7 | 1.5 | 1.4 | 1.6 | ||||||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (10.5) | (9.2) | (9.0) | (8.0) | (8.1) | (8.4) | (6.9) | (5.6) | (5.7) | (5.8) | (5.2) | (4.7) | (5.5) | (4.0) | (3.1) | (3.4) | (3.5) | (3.2) | (3.4) | (3.4) | (3.6) | (4.3) | (3.3) | (2.7) | (2.4) | (2.8) | (2.7) | (2.7) | (3.4) | (2.1) | (1.5) | (1.9) | (1.3) |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | 0.5 | 0.5 | 0.4 | 0.3 | 0.4 | 0.5 | 0.6 | 0.5 | 0.6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | 0.4 | 0.5 | 0.4 | 0.3 | 0.4 | 0.5 | 0.6 | 0.5 | 0.6 | 0.7 | 0.7 | 0.3 | 0.3 | 0.2 | 0.1 | 0.0 | 0.0 | ||||||||||||||||
| Pre-Tax Income | (10.0) | (8.7) | (8.6) | (7.7) | (7.7) | (7.9) | (6.3) | (5.1) | (5.1) | (5.1) | (4.5) | (4.5) | (5.3) | (3.7) | (3.1) | (3.4) | |||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | 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 | 0.0 | 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 | 0.1 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (10.0) | (8.7) | (8.6) | (7.7) | (7.7) | (7.9) | (6.3) | (5.1) | (5.2) | (5.2) | (4.5) | (4.5) | (5.3) | (3.8) | (3.1) | (3.4) | (3.5) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (10.0) | (8.7) | (8.6) | (7.7) | (7.7) | (7.9) | (6.3) | (5.1) | (5.2) | (5.2) | (4.5) | (4.5) | (5.3) | (3.8) | (3.1) | (3.4) | (3.5) | ||||||||||||||||
| Net Income Attributable To Parent | (10.0) | (8.7) | (8.6) | (7.7) | (7.7) | (7.9) | (6.3) | (5.1) | (5.2) | (5.2) | (4.5) | (4.5) | (5.3) | (3.8) | (3.1) | (3.4) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (10.0) | (8.7) | (8.6) | (7.7) | (7.7) | (7.9) | (6.3) | (5.1) | (5.2) | (5.2) | (4.5) | (4.5) | (5.3) | (3.8) | (3.1) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.19) | - | (0.17) | (0.18) | (0.18) | - | (0.15) | (0.13) | (0.14) | - | (0.12) | (0.16) | (0.20) | - | (0.12) | (0.13) | (0.13) | - | (0.18) | (0.17) | (0.19) | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Shares Basic | 53.8 | - | 49.6 | 43.0 | 42.8 | - | 42.8 | 38.1 | 38.0 | - | 37.9 | 27.3 | 26.4 | - | 26.4 | 26.4 | 26.4 | - | |||||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (10.5) | - | - | - | (8.1) | - | - | - | (5.7) | - | - | - | (5.5) | - | - | - | (3.5) | - | - | - | (3.6) | - | - | - | (2.4) | - | - | - | (3.4) | - | - | - | (1.3) |
| EBIT | (10.5) | (9.2) | (9.0) | (8.0) | (8.1) | (8.4) | (6.9) | (5.6) | (5.7) | (5.8) | (5.2) | (4.7) | (5.5) | (4.0) | (3.1) | (3.4) | (3.5) | (3.2) | (3.4) | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 9.8 | 9.8 | 7.6 | 8.2 | 6.2 | 4.9 | 4.5 | 3.7 | 2.7 | 1.3 |
| Depreciation & Amortization | - | 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 | - | 34.4 | 26.7 | 21.3 | 14.0 | 13.6 | 12.7 | 11.6 | 7.3 | 4.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.7 | 1.7 | 2.3 | 1.9 | 0.4 | 0.1 | 0.4 | 1.0 | 1.1 | 0.3 |
| Pre-Tax Income | (35.1) | (32.7) | (24.4) | (19.3) | (13.6) | (13.6) | (12.3) | (10.6) | (5.7) | (4.3) |
| (19.4) |
| (13.7) |
| (13.6) |
| (12.3) |
| (10.6) |
| (5.7) |
| (4.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (35.1) | (32.8) | (24.4) | (19.4) | (13.7) | (13.6) | (12.3) | (10.6) | (5.7) | (4.3) |
| Net Income Attributable To Parent | (35.1) | (32.8) | (24.4) | (19.4) | (13.7) | (13.6) | (12.3) | (10.6) | (5.7) | (4.3) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (35.1) | (32.8) | (24.4) | (19.4) | (13.7) | (13.6) | (12.3) | (10.6) | (5.7) | (4.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 53.8 | 47.0 | 40.4 | 32.6 | 26.4 | 20.8 | - | - | - | - |
| Shares Diluted | - | - | - | - | - | - | - | - | - | - |
| (14.0) |
| (13.6) |
| (12.7) |
| (11.6) |
| (6.8) |
| (4.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.4 |
| 1.1 |
| 1.2 |
| 1.2 |
| 1.2 |
| 1.2 |
| 1.1 |
| 1.1 |
| 1.0 |
| 1.0 |
| 0.9 |
| 0.8 |
| 0.7 |
| 0.8 |
| 0.8 |
| 0.5 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.4 |
| - |
| - |
| - |
| 1.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.0) |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.2 |
| (0.0) |
| 1.2 |
| 0.2 |
| (0.3) |
| (0.2) |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.7 |
| (3.5) |
| (3.2) |
| (3.4) |
| (3.3) |
| (3.6) |
| (4.2) |
| (3.2) |
| (2.5) |
| (2.4) |
| (2.5) |
| (2.4) |
| (2.5) |
| (3.2) |
| (2.0) |
| (1.3) |
| (1.7) |
| (0.6) |
| (3.2) |
| (3.5) |
| (3.3) |
| (3.6) |
| (4.2) |
| (3.2) |
| (2.5) |
| (2.4) |
| (2.5) |
| (2.4) |
| (2.5) |
| (3.3) |
| (2.0) |
| (1.4) |
| (1.7) |
| (0.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.2) |
| (3.5) |
| (3.3) |
| (3.6) |
| (4.2) |
| (3.2) |
| (2.5) |
| (2.4) |
| (2.5) |
| (2.4) |
| (2.5) |
| (3.3) |
| (2.0) |
| (1.4) |
| (1.7) |
| (0.7) |
| (3.5) |
| (3.2) |
| (3.5) |
| (3.3) |
| (3.6) |
| (4.2) |
| (3.2) |
| (2.5) |
| (2.4) |
| (2.5) |
| (2.4) |
| (2.5) |
| (3.3) |
| (2.0) |
| (1.4) |
| (1.7) |
| (0.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.4) |
| (3.5) |
| (3.2) |
| (3.5) |
| (3.3) |
| (3.6) |
| (4.2) |
| (3.2) |
| (2.5) |
| (2.4) |
| (2.5) |
| (2.4) |
| (2.5) |
| (3.3) |
| (2.0) |
| (1.4) |
| (1.7) |
| (0.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.0 |
| 18.8 |
| 18.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.4) |
| (3.6) |
| (4.3) |
| (3.3) |
| (2.7) |
| (2.4) |
| (2.8) |
| (2.7) |
| (2.7) |
| (3.4) |
| (2.1) |
| (1.5) |
| (1.9) |
| (1.3) |