| (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 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||
| Research & Development | 69.9 | 66.3 | 52.0 | 30.3 | 27.1 | 23.7 | 6.1 | 8.1 | 6.8 | 2.0 | 3.2 | 32.6 | 14.6 | 12.2 | 7.4 |
| Operating Income | |||||||||||||||
| Operating Income | - | - | - | (43.0) | (88.4) | (36.9) | (18.5) | (16.1) | (14.1) | (13.1) | (5.1) | (45.3) | (23.5) | (15.7) | |
| Non-Operating | |||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Tax & Net | |||||||||||||||
| Income Tax Expense | - | 0.0 | 0.4 | 0.0 | 0.0 | (2.4) | (0.4) | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Per Share | |||||||||||||||
| EPS Basic | (0.65) | (0.52) | (0.66) | (4.73) | (6.16) | (2.33) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | |||||||||||||||
| Supplementary Data | |||||||||||||||
| EBITDA | - | - | - | - | - | - | (18.5) | (16.0) | (14.0) | (13.1) | (5.1) | (45.2) | (23.4) | (15.7) | (9.6) |
| EBIT | |||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 17.2 | 17.5 | 15.0 | 20.3 | 13.5 | 17.9 | 16.5 | 10.1 | 7.4 | 7.1 | 7.9 | 7.2 | 8.1 | 7.3 | 7.5 | 5.7 | 6.6 | 6.2 | 7.7 | 4.2 | 5.7 | 3.0 | 0.6 | 0.8 | 1.6 | 1.3 | 1.5 | 2.3 | 3.0 | 2.7 | 1.7 | 1.3 | 1.1 | 0.5 | 0.5 | 0.5 | 0.5 | (6.4) | 1.1 | 0.6 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 4.0 | 4.0 | 4.1 | 4.5 | 4.4 | 6.8 | 4.0 | 4.4 | 3.5 | 3.3 | 3.3 | 3.2 | 3.0 | 2.8 | 3.1 | 3.5 | 3.2 | |||||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 21.2 | 21.5 | 19.1 | 24.7 | 18.0 | 24.7 | 20.5 | 14.5 | 10.9 | 10.3 | 11.2 | 10.4 | 11.1 | 58.7 | 10.6 | 9.3 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (21.2) | - | (19.1) | (24.7) | (18.0) | - | (20.5) | (14.5) | (10.9) | (10.3) | (11.2) | (10.4) | (11.1) | (58.7) | (10.6) | (9.3) | (9.9) | (9.4) | (10.5) | (8.0) | (9.0) | (6.3) | (6.1) | (2.6) | (3.4) | (4.2) | (2.9) | (4.1) | (4.9) | (4.6) | (3.5) | (3.2) | (2.8) | (2.1) | (3.0) | (6.7) | (1.4) | 8.9 | (1.6) | (0.9) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 1.1 | 0.5 | 1.0 | 1.2 | 1.4 | 1.4 | 1.0 | 0.9 | 0.6 | 0.7 | 0.8 | 0.8 | 0.3 | 0.3 | 0.1 | 0.0 | (0.0) | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | (58.4) | (10.5) | (9.2) | (9.9) | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (0.6) | (0.7) | (0.6) | (0.5) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - |
| Net Income From Continuing Ops | (39.0) | (10.4) | (17.5) | (11.2) | (6.5) | (44.6) | 77.0 | (44.9) | (23.6) | (30.1) | (9.9) | (65.8) | (10.8) | (58.4) | (10.5) | (9.2) | (9.9) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (39.0) | (10.4) | (17.5) | (11.2) | (6.5) | (44.6) | 77.0 | (44.9) | (23.6) | (30.1) | (9.9) | (65.8) | (10.8) | (58.4) | (10.5) | (9.2) | (9.9) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (39.0) | (10.4) | (17.5) | (11.2) | (6.5) | (44.6) | 77.0 | (44.9) | (23.6) | (30.1) | (9.9) | (65.8) | (10.8) | (58.4) | (10.5) | (9.2) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (36.9) | (9.0) | (16.1) | (11.2) | (6.0) | (22.0) | 54.4 | (44.9) | (19.5) | (30.1) | (9.9) | (65.8) | (10.8) | (58.4) | (10.5) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.33) | - | (0.21) | (0.13) | (0.08) | - | 1.05 | (0.92) | (0.65) | - | (0.33) | (2.74) | (0.75) | - | (0.73) | (0.65) | (0.69) | - | (0.66) | (0.50) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.33) | - | (0.21) | (0.13) | (0.08) | - | (0.28) | (0.92) | (0.65) | - | (0.33) | (2.74) | (0.75) | - | (0.73) | (0.65) | (0.69) | - | ||||||||||||||||||||||
| Shares Basic | 112.4 | - | 77.2 | 77.2 | 77.1 | - | 51.9 | 42.3 | 30.0 | - | 30.0 | 24.0 | 14.3 | - | 14.3 | 14.3 | 14.3 | - | ||||||||||||||||||||||
| Shares Diluted | 112.4 | - | 77.2 | 77.2 | 77.1 | - | 55.5 | 42.3 | 30.0 | - | 30.0 | 24.0 | 14.3 | - | 14.3 | 14.3 | 14.3 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (3.4) | - | - | - | (4.9) | - | - | - | (2.8) | - | - | - | (1.4) | - | - | - |
| EBIT | (21.2) | - | (19.1) | (24.7) | (18.0) | - | (20.5) | (14.5) | (10.9) | (10.3) | (11.2) | (10.4) | (11.1) | (58.7) | (10.6) | (9.3) | (9.9) | (9.4) | (10.5) | |||||||||||||||||||||
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 16.5 | 17.0 | 18.6 | 12.7 | 12.7 | 13.1 | 10.1 | 6.1 | 7.2 | 11.1 | 1.9 | 12.6 | 8.9 | 3.5 | 2.3 |
| Depreciation & Amortization | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 86.5 | 83.3 | 70.6 | 43.0 | 88.4 | 36.9 | 18.5 | 16.1 | 14.1 | 13.1 | 5.1 | 45.3 | 23.5 | 15.7 | 9.6 |
| (9.6) |
| Interest Expense |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 3.9 | 4.2 | 3.9 | 2.7 | 0.5 | 0.0 | 0.1 | 0.0 | (0.0) | 0.0 | (0.5) | - | 0.2 | 0.0 | - |
| Pre-Tax Income | - | (45.6) | (35.8) | (116.5) | (88.0) | (36.9) | (23.2) | (16.0) | (14.1) | (13.1) | (5.7) | - | - | - | - |
| Net Income From Continuing Ops | (78.1) | (45.6) | (36.2) | (116.5) | (88.0) | (34.5) | (22.8) | (16.0) | (14.1) | (13.1) | (5.7) | (45.1) | (23.3) | (15.7) | (9.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (78.1) | (45.6) | (36.2) | (116.5) | (88.0) | (34.5) | (22.8) | (16.0) | (14.1) | (13.1) | (5.7) | (45.1) | (23.3) | (15.7) | (9.6) |
| Net Income Attributable To Parent | (78.1) | (45.6) | (36.2) | (116.5) | (88.0) | (34.5) | (22.8) | (16.0) | (14.1) | (13.1) | (5.7) | (45.1) | (23.3) | (15.7) | (9.6) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (73.3) | (42.3) | (32.0) | (116.5) | (88.0) | (34.5) | (22.8) | (16.0) | (14.1) | (13.1) | (5.7) | (45.1) | (23.3) | (15.8) | (9.7) |
| (0.65) |
| (0.52) |
| (0.66) |
| (4.73) |
| (6.16) |
| (2.33) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 112.4 | 81.8 | 48.5 | 24.6 | 14.3 | 14.8 | - | - | - | - | - | - | - | - | - |
| Shares Diluted | 112.4 | 81.8 | 48.5 | 24.6 | 14.3 | 14.8 | - | - | - | - | - | - | - | - | - |
| - |
| - |
| - |
| (43.0) |
| (88.4) |
| (36.9) |
| (18.5) |
| (16.1) |
| (14.1) |
| (13.1) |
| (5.1) |
| (45.3) |
| (23.5) |
| (15.7) |
| (9.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.2 |
| 2.8 |
| 3.7 |
| 3.4 |
| 3.3 |
| 3.7 |
| 1.3 |
| 1.7 |
| 1.0 |
| 1.4 |
| 1.8 |
| 1.9 |
| 1.8 |
| 1.8 |
| 1.9 |
| 1.7 |
| 1.6 |
| 2.4 |
| 6.1 |
| 0.9 |
| (2.5) |
| 0.6 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.9 |
| 9.4 |
| 10.5 |
| 8.0 |
| 9.0 |
| 6.3 |
| 6.1 |
| 2.6 |
| 3.4 |
| 4.2 |
| 2.9 |
| 4.1 |
| 4.9 |
| 4.6 |
| 3.5 |
| 3.2 |
| 2.8 |
| 2.1 |
| 3.0 |
| 6.7 |
| 1.4 |
| (8.9) |
| 1.6 |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 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 |
| - |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| 0.0 |
| - |
| (0.4) |
| (0.1) |
| (9.4) |
| (10.5) |
| (8.0) |
| (9.0) |
| (6.3) |
| (6.1) |
| (2.6) |
| (8.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.8) |
| (9.8) |
| (7.4) |
| (8.5) |
| (5.9) |
| (6.1) |
| (2.6) |
| (8.2) |
| (4.1) |
| (2.9) |
| (4.1) |
| (4.9) |
| (4.6) |
| (3.5) |
| (3.2) |
| (2.8) |
| (2.1) |
| (3.0) |
| (6.7) |
| (1.4) |
| 8.8 |
| (2.0) |
| (1.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.8) |
| (9.8) |
| (7.4) |
| (8.5) |
| (5.9) |
| (6.1) |
| (2.6) |
| (8.2) |
| (4.1) |
| (2.9) |
| (4.1) |
| (4.9) |
| (4.6) |
| (3.5) |
| (3.2) |
| (2.8) |
| (2.1) |
| (3.0) |
| (6.7) |
| (1.4) |
| 8.8 |
| (2.0) |
| (1.0) |
| (9.9) |
| (8.8) |
| (9.8) |
| (7.4) |
| (8.5) |
| (5.9) |
| (6.1) |
| (2.6) |
| (8.2) |
| (4.1) |
| (2.9) |
| (4.1) |
| (4.9) |
| (4.6) |
| (3.5) |
| (3.2) |
| (2.8) |
| (2.1) |
| (3.0) |
| (6.7) |
| (1.4) |
| 8.8 |
| (2.0) |
| (1.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.2) |
| (9.9) |
| (8.8) |
| (9.8) |
| (7.4) |
| (8.5) |
| (5.9) |
| (6.1) |
| (2.6) |
| (8.2) |
| (4.1) |
| (2.9) |
| (4.1) |
| (4.9) |
| (4.6) |
| (3.5) |
| (3.2) |
| (2.8) |
| (2.1) |
| (3.0) |
| (6.7) |
| (1.4) |
| 8.8 |
| (2.0) |
| (1.0) |
| (0.66) |
| (0.50) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.8 |
| 14.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.8 |
| 14.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.0) |
| (9.0) |
| (6.3) |
| (6.1) |
| (2.6) |
| (3.4) |
| (4.2) |
| (2.9) |
| (4.1) |
| (4.9) |
| (4.6) |
| (3.5) |
| (3.2) |
| (2.8) |
| (2.1) |
| (3.0) |
| (6.7) |
| (1.4) |
| 8.9 |
| (1.6) |
| (0.9) |