| (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 | Q3 FY 17 | Q2 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||
| Revenues | - | 0.3 | 0.4 | 0.2 | 1.2 | 1.3 | 2.2 | 1.9 | 0.9 | - | 0.9 | - | - | - | 1.2 | - | |||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | - | 2.0 | 6.2 | 2.8 | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||
| Research & Development | 153.2 | 145.6 | 83.1 | 32.8 | 29.4 | 46.8 | 50.6 | 59.2 | 41.3 | 27.9 | 5.8 |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (191.3) | (177.9) | (101.9) | (48.2) | (29.7) | (74.7) | (78.7) | (83.0) | (60.0) | (35.7) | (9.3) |
| Non-Operating | |||||||||||
| Interest Income | 13.1 | 10.0 | 17.4 | 4.8 | 1.1 | - | - | - | - | - | - |
| Interest Expense | - | - | - | ||||||||
| 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 |
| Net Income From Continuing Ops | (173.7) | (162.3) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (3.62) | (4.20) | (2.55) | (8.45) | (32.57) | (1.29) | (1.71) | - | - | - | - |
| EPS Diluted | (3.62) | (4.20) | (2.55) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | (191.2) | (177.8) | (101.8) | (48.1) | (27.8) | (72.7) | (76.7) | (81.1) | (59.1) | (35.4) | (9.3) |
| EBIT | (191.3) | (177.9) | (101.9) | ||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| 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 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| Research & Development | 34.5 | 59.9 | 32.5 | 26.3 | 27.0 | 26.4 | 25.5 | 18.1 | 13.1 | 8.8 | 8.0 | 10.3 | 5.8 | (6.0) | 7.2 | 11.6 | 16.5 | 13.1 | 10.8 | 11.1 | 11.7 | 12.3 | 11.8 | 12.6 | 14.0 | 18.7 | 16.5 | 13.4 | 10.5 | 12.4 | 11.4 | 9.7 | 7.8 | 5.2 | 13.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| General & Administrative | 12.5 | 9.9 | 8.2 | 8.9 | 7.3 | 6.8 | 6.5 | 6.0 | 5.6 | 4.6 | 8.7 | 2.5 | 2.3 | (9.2) | 2.2 | 6.5 | 7.3 | ||||||||||||||||||
| Depreciation & Amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.4) | 0.0 | 0.0 | 0.4 | - | 0.0 | - | |||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Total Operating Expenses | 47.0 | 69.8 | 40.7 | 35.1 | 34.3 | 33.2 | 32.1 | 24.1 | 18.7 | 13.4 | 16.7 | 12.7 | 8.2 | (15.2) | 9.4 | 18.1 | |||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | (46.5) | (69.5) | (40.3) | (34.9) | (33.2) | (31.9) | (29.9) | (22.2) | (17.8) | (13.0) | (15.8) | (11.8) | (7.7) | 20.5 | (8.3) | (18.1) | (23.8) | (20.1) | (18.2) | (17.6) | (18.7) | (19.1) | (18.4) | (20.0) | (21.2) | (24.6) | (22.6) | (19.3) | (16.4) | (17.9) | (16.7) | (14.0) | (11.3) | (7.0) | (15.7) |
| Non-Operating | |||||||||||||||||||||||||||||||||||
| Interest Income | 5.0 | 4.4 | 1.3 | 2.3 | 1.9 | 4.0 | 4.4 | 4.7 | 4.2 | 2.4 | 1.0 | 0.7 | 0.6 | - | 0.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Non-Operating Income | 5.7 | 5.1 | 3.5 | 3.3 | 3.7 | 3.5 | 4.7 | 4.6 | 4.1 | 2.4 | 1.0 | 0.6 | 0.6 | - | 0.5 | - | - | ||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | 0.0 | 0.0 |
| Net Income From Continuing Ops | (40.8) | (64.4) | (36.8) | (31.6) | (29.5) | (28.4) | (25.2) | (17.6) | (13.7) | (10.6) | (14.8) | (11.1) | (7.1) | 8.0 | (7.8) | (5.7) | (23.0) | ||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income | (40.8) | (64.4) | (36.8) | (31.6) | (29.5) | (28.4) | (25.2) | (17.6) | (13.7) | (10.6) | (14.8) | (11.1) | (7.1) | 8.0 | (7.8) | (5.7) | (23.0) | ||||||||||||||||||
| Net Income Attributable To Parent | (40.8) | (64.4) | (36.8) | (31.6) | (29.5) | (28.4) | (25.2) | (17.6) | (13.7) | (10.6) | (14.8) | (11.1) | (7.1) | (10.1) | (7.8) | (5.7) | |||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income To Common Shareholders | (40.8) | (64.4) | (36.8) | (31.6) | (29.5) | (28.4) | (25.2) | (17.6) | (13.7) | (10.6) | (14.8) | (11.1) | (7.1) | (10.1) | (7.8) | ||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||
| EPS Basic | (0.85) | - | (0.97) | (0.88) | (0.82) | - | (0.74) | (0.51) | (0.54) | - | (3.78) | (12.73) | (8.10) | - | (8.90) | (0.29) | (0.39) | - | (0.30) | (0.32) | (0.36) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.85) | - | (0.97) | (0.88) | (0.82) | - | (0.74) | (0.51) | (0.54) | - | (3.78) | (12.73) | (8.10) | - | (8.90) | (0.29) | (0.39) | - | |||||||||||||||||
| Shares Basic | 48.0 | - | 37.8 | 35.8 | 35.8 | - | 34.2 | 34.2 | 25.7 | - | 3.9 | 0.9 | 0.9 | - | 0.9 | 58.8 | 58.8 | - | |||||||||||||||||
| Shares Diluted | 48.0 | - | 37.8 | 35.8 | 35.8 | - | 34.2 | 34.2 | 25.7 | - | 3.9 | 0.9 | 0.9 | - | 0.9 | 58.8 | 58.8 | - | |||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EBITDA | (46.5) | (69.5) | (40.3) | (34.9) | (33.2) | (31.9) | (29.9) | (22.2) | (17.8) | (13.3) | (15.7) | (11.8) | (7.3) | - | (8.2) | - | (23.3) | - | - | - | (18.2) | - | - | - | (20.8) | - | - | - | (15.9) | - | - | - | (11.2) | - | - |
| EBIT | (46.5) | (69.5) | (40.3) | (34.9) | (33.2) | (31.9) | (29.9) | (22.2) | (17.8) | (13.0) | (15.8) | (11.8) | (7.7) | 20.5 | (8.3) | (18.1) | (23.8) | (20.1) | (18.2) | ||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 39.5 | 34.3 | 25.0 | 18.2 | 6.7 | 27.9 | 28.1 | 23.8 | 18.6 | 7.8 | 3.5 |
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.1 | 1.9 | 2.0 | 2.0 | 1.8 | 0.9 | 0.4 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 192.6 | 180.0 | 108.1 | 51.0 | 36.1 | 74.7 | 78.7 | 83.0 | 60.0 | 35.7 | 9.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 17.6 | 15.6 | 16.9 | 4.6 | 1.2 | - | - | - | 2.4 | 0.2 | (0.2) |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - |
| (85.0) |
| (43.6) |
| (28.5) |
| (71.1) |
| (74.9) |
| (76.8) |
| (57.5) |
| (35.5) |
| (9.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (173.7) | (162.3) | (85.0) | (43.6) | (28.5) | (71.1) | (74.9) | (76.8) | (57.5) | (35.5) | (9.4) |
| Net Income Attributable To Parent | (173.7) | (162.3) | (85.0) | (43.6) | (28.5) | (71.1) | (74.9) | (76.8) | (57.5) | (35.5) | (9.4) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (173.7) | (162.3) | (85.0) | (43.6) | (28.5) | (71.1) | (74.9) | (76.8) | (57.6) | (35.5) | (9.7) |
| (8.45) |
| (32.57) |
| (1.29) |
| (1.71) |
| - |
| - |
| - |
| - |
| Shares Basic | 48.0 | 38.6 | 33.3 | 5.2 | 0.9 | 54.9 | 43.9 | - | - | - | - |
| Shares Diluted | 48.0 | 38.6 | 33.3 | 5.2 | 0.9 | 54.9 | 43.9 | - | - | - | - |
| (48.2) |
| (29.7) |
| (74.7) |
| (78.7) |
| (83.0) |
| (60.0) |
| (35.7) |
| (9.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.0 |
| 7.5 |
| 6.5 |
| 7.0 |
| 6.8 |
| 6.6 |
| 7.4 |
| 7.3 |
| 5.9 |
| 6.1 |
| 5.9 |
| 5.8 |
| 5.5 |
| 5.3 |
| 4.3 |
| 3.5 |
| 1.8 |
| 1.9 |
| 0.5 |
| - |
| - |
| - |
| 0.5 |
| - |
| - |
| - |
| 0.5 |
| - |
| - |
| - |
| 0.4 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.8 |
| 20.1 |
| 18.2 |
| 17.6 |
| 18.7 |
| 19.1 |
| 18.4 |
| 20.0 |
| 21.2 |
| 24.6 |
| 22.6 |
| 19.3 |
| 16.4 |
| 17.9 |
| 16.7 |
| 14.0 |
| 11.3 |
| 7.0 |
| 15.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.3) |
| (17.4) |
| (16.9) |
| (17.5) |
| (18.2) |
| (17.7) |
| (19.1) |
| (20.0) |
| (23.2) |
| (21.0) |
| (17.7) |
| (14.8) |
| (16.7) |
| (16.0) |
| (13.7) |
| (11.2) |
| (6.9) |
| (15.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.3) |
| (17.4) |
| (16.9) |
| (17.5) |
| (18.2) |
| (17.7) |
| (19.1) |
| (20.0) |
| (23.2) |
| (21.0) |
| (17.7) |
| (14.8) |
| (16.7) |
| (16.0) |
| (13.7) |
| (11.2) |
| (6.9) |
| (15.7) |
| (4.9) |
| (19.3) |
| (17.4) |
| (16.9) |
| (17.5) |
| (18.2) |
| (17.7) |
| (19.1) |
| (20.0) |
| (23.2) |
| (21.0) |
| (17.7) |
| (14.8) |
| (16.7) |
| (16.0) |
| (13.7) |
| (11.2) |
| (6.9) |
| (15.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.7) |
| (4.9) |
| (19.3) |
| (17.4) |
| (16.9) |
| (17.5) |
| (18.2) |
| (17.7) |
| (19.1) |
| (20.0) |
| (23.2) |
| (21.0) |
| (17.7) |
| (14.8) |
| (16.7) |
| (16.0) |
| (13.7) |
| (11.2) |
| (6.9) |
| (15.4) |
| (0.30) |
| (0.32) |
| (0.36) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 58.6 |
| 53.7 |
| 48.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 58.6 |
| 53.7 |
| 48.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.6) |
| (18.7) |
| (19.1) |
| (18.4) |
| (20.0) |
| (21.2) |
| (24.6) |
| (22.6) |
| (19.3) |
| (16.4) |
| (17.9) |
| (16.7) |
| (14.0) |
| (11.3) |
| (7.0) |
| (15.7) |