| (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 | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | 0.0 | 0.0 | - | - | - | 0.2 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 58.1 | 59.1 | 44.4 | 57.1 | 48.6 | 24.8 | 6.1 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (78.8) | (79.5) | (62.4) | (78.2) | (67.6) | (35.8) | (8.3) |
| Non-Operating | |||||||
| Interest Income | 9.0 | 9.7 | 12.8 | 11.3 | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (69.7) | (69.8) | (49.6) | (66.9) | (63.3) | (35.5) | |
| Per Share | |||||||
| EPS Basic | (1.13) | (1.22) | (0.88) | (1.19) | (1.14) | (0.77) | - |
| EPS Diluted | (1.13) | (1.22) | (0.88) | (1.19) | (1.14) | (0.77) | - |
| Supplementary Data | |||||||
| EBITDA | - | (78.8) | (61.8) | (77.7) | (67.2) | (35.7) | (8.3) |
| EBIT | (78.8) | (79.5) | (62.4) | (78.2) | (67.6) | (35.8) | (8.3) |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 14.4 | 13.4 | 14.6 | 15.7 | 15.4 | 12.2 | 11.9 | 10.5 | 9.8 | 11.0 | 13.3 | 17.1 | 15.7 | 14.3 | 14.3 | 11.3 | 8.8 | 7.3 | 8.5 | 5.0 | 3.9 | 2.7 | 1.9 | 1.1 | 0.4 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 5.3 | 4.7 | 4.7 | 5.8 | 5.0 | 4.5 | 4.4 | 4.5 | 4.6 | 4.1 | 5.6 | 5.5 | 5.9 | 5.1 | 4.9 | 4.3 | 4.6 | ||||||||
| Depreciation & Amortization | 0.2 | - | - | - | 0.2 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 19.7 | 18.2 | 19.3 | 21.6 | 20.4 | 16.7 | 16.2 | 15.0 | 14.4 | 15.1 | 18.8 | 22.6 | 21.7 | 19.4 | 19.2 | 15.6 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (19.7) | (18.2) | (19.3) | (21.6) | (20.4) | (16.7) | (16.2) | (15.0) | (14.4) | (15.1) | (18.8) | (22.6) | (21.7) | (19.4) | (19.2) | (15.6) | (13.4) | (11.1) | (11.3) | (7.7) | (5.7) | (3.9) | (2.4) | (1.5) | (0.6) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 2.1 | 2.2 | 2.3 | 2.5 | 2.7 | 3.0 | 3.2 | 3.3 | 3.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | 3.2 | 3.3 | 3.3 | 3.3 | 3.0 | 2.7 | 2.4 | 2.1 | 1.5 | 0.6 | 0.1 | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (17.6) | (16.0) | (17.0) | (19.1) | (17.7) | (13.7) | (13.0) | (11.8) | (11.1) | (11.8) | (15.8) | (19.9) | (19.3) | (17.3) | (17.7) | (15.0) | (13.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (17.6) | (16.0) | (17.0) | (19.1) | (17.7) | (13.7) | (13.0) | (11.8) | (11.1) | (11.8) | (15.8) | (19.9) | (19.3) | (17.3) | (17.7) | (15.0) | (13.3) | ||||||||
| Net Income Attributable To Parent | (17.6) | (16.0) | (17.0) | (19.1) | (17.7) | (13.7) | (13.0) | (11.8) | (11.1) | (11.8) | (15.8) | (19.9) | (19.3) | (17.3) | (17.7) | (15.0) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (17.6) | (16.0) | (17.0) | (19.1) | (17.7) | (13.7) | (13.0) | (11.8) | (11.1) | (11.8) | (15.8) | (19.9) | (19.3) | (17.3) | (17.7) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.29) | - | (0.30) | (0.34) | (0.31) | - | (0.23) | (0.21) | (0.20) | - | (0.28) | (0.36) | (0.35) | - | (0.32) | (0.27) | (0.24) | - | (0.21) | (0.14) | - | - | - | - | - |
| EPS Diluted | (0.29) | - | (0.30) | (0.34) | (0.31) | - | (0.23) | (0.21) | (0.20) | - | (0.28) | (0.36) | (0.35) | - | (0.32) | (0.27) | (0.24) | - | |||||||
| Shares Basic | 61.4 | - | 57.0 | 56.9 | 56.8 | - | 56.6 | 56.6 | 56.5 | - | 56.0 | 55.9 | 55.9 | - | 55.8 | 55.7 | 55.5 | - | |||||||
| Shares Diluted | 61.4 | - | 57.0 | 56.9 | 56.8 | - | 56.6 | 56.6 | 56.5 | - | 56.0 | 55.9 | 55.9 | - | 55.8 | 55.7 | 55.5 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (19.5) | - | - | - | (20.3) | - | - | - | (14.3) | - | - | - | (21.5) | - | - | - | (13.3) | - | - | - | (5.7) | - | - | - | - |
| EBIT | (19.7) | (18.2) | (19.3) | (21.6) | (20.4) | (16.7) | (16.2) | (15.0) | (14.4) | (15.1) | (18.8) | (22.6) | (21.7) | (19.4) | (19.2) | (15.6) | (13.4) | (11.1) | (11.3) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 20.6 | 20.3 | 18.0 | 21.1 | 19.0 | 11.1 | 2.5 |
| Depreciation & Amortization | - | 0.6 | 0.6 | 0.5 | 0.4 | 0.1 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 78.8 | 79.5 | 62.4 | 78.2 | 67.6 | 35.8 | 8.6 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | 11.3 | 4.3 | 0.3 | 0.1 |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (8.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (69.7) | (69.8) | (49.6) | (66.9) | (63.3) | (35.5) | (8.3) |
| Net Income Attributable To Parent | (69.7) | (69.8) | (49.6) | (66.9) | (63.3) | (35.5) | (8.3) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (69.7) | (69.8) | (49.6) | (66.9) | (63.3) | (35.5) | (8.3) |
| Shares Basic | 61.4 | 57.3 | 56.6 | 56.0 | 55.7 | 45.9 | - |
| Shares Diluted | 61.4 | 57.3 | 56.6 | 56.0 | 55.7 | 45.9 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.8 |
| 2.8 |
| 2.7 |
| 1.8 |
| 1.2 |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.4 |
| 11.1 |
| 11.3 |
| 7.7 |
| 5.7 |
| 3.9 |
| 2.4 |
| 1.5 |
| 0.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.2 |
| 0.0 |
| 0.1 |
| 0.0 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.1) |
| (11.3) |
| (7.6) |
| (5.5) |
| (3.9) |
| (2.3) |
| (1.4) |
| (0.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.1) |
| (11.3) |
| (7.6) |
| (5.5) |
| (3.9) |
| (2.3) |
| (1.4) |
| (0.7) |
| (13.3) |
| (11.1) |
| (11.3) |
| (7.6) |
| (5.5) |
| (3.9) |
| (2.3) |
| (1.4) |
| (0.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.0) |
| (13.3) |
| (11.1) |
| (11.3) |
| (7.6) |
| (5.5) |
| (3.9) |
| (2.3) |
| (1.4) |
| (0.7) |
| (0.21) |
| (0.14) |
| - |
| - |
| - |
| - |
| - |
| 55.2 |
| 55.1 |
| - |
| - |
| - |
| - |
| - |
| 55.2 |
| 55.1 |
| - |
| - |
| - |
| - |
| - |
| (7.7) |
| (5.7) |
| (3.9) |
| (2.4) |
| (1.5) |
| (0.6) |