| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 81.6 | 85.9 | 80.8 | 64.6 | 31.0 | 38.4 | 32.2 | 19.0 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (115.8) | (119.7) | (104.6) | (83.5) | (38.8) | (51.4) | (41.7) | (24.1) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.2 | 0.0 | 0.0 | - | - | - |
| Net Income From Continuing Ops | (98.8) | (103.7) | (89.0) | (71.6) | (37.7) | |||
| Per Share | ||||||||
| EPS Basic | (1.57) | (1.83) | (1.89) | (2.01) | (12.05) | (2.37) | - | - |
| EPS Diluted | (1.57) | (1.83) | (1.89) | (2.01) | (12.05) | (2.37) | ||
| Supplementary Data | ||||||||
| EBITDA | (115.5) | (119.4) | (104.3) | (83.2) | (38.6) | (51.3) | (41.6) | (24.1) |
| EBIT | (115.8) | (119.7) | (104.6) | (83.5) | (38.8) | (51.4) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 20.7 | 21.2 | 18.2 | 21.5 | 24.9 | 20.7 | 21.3 | 18.8 | 20.0 | 17.9 | 19.6 | 15.2 | 11.9 | 8.2 | 7.8 | 7.9 | 7.1 | 10.9 | 10.4 | 10.1 | 7.1 | 9.0 | 9.5 | 7.9 | 5.8 | 5.9 | 5.1 | 4.4 | 3.6 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 7.1 | 13.0 | 6.9 | 7.1 | 6.8 | 6.2 | 5.8 | 5.8 | 6.0 | 4.8 | 4.6 | 5.0 | 4.5 | 2.0 | 3.1 | 1.1 | 1.6 | ||||||||||||
| Depreciation & Amortization | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | (38.9) | 0.1 | 0.1 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 27.8 | 34.3 | 25.1 | 28.6 | 31.7 | 26.9 | 27.1 | 24.6 | 26.0 | 22.7 | 24.2 | 20.1 | 16.4 | 10.2 | 10.9 | 9.0 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (27.8) | (34.3) | (25.1) | (28.6) | (31.7) | (26.9) | (27.1) | (24.6) | (26.0) | (22.7) | (24.2) | (20.1) | (16.4) | (10.2) | (10.9) | (9.0) | (8.7) | (14.3) | (13.7) | (13.2) | (10.3) | (11.6) | (12.5) | (10.3) | (7.4) | (7.5) | (6.9) | (5.6) | (4.2) |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 4.2 | 4.6 | 4.9 | 3.2 | 3.1 | 3.7 | 3.9 | 4.7 | 3.2 | 3.4 | 3.5 | 3.4 | 1.7 | 0.6 | 0.4 | 0.1 | 0.0 | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.2 | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (23.6) | (29.7) | (20.1) | (25.3) | (28.5) | (23.2) | (23.2) | (20.0) | (22.7) | (19.4) | (20.8) | (16.7) | (14.7) | (9.6) | (10.6) | (8.9) | (8.7) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (23.6) | (29.7) | (20.1) | (25.3) | (28.5) | (23.2) | (23.2) | (20.0) | (22.7) | (19.4) | (20.8) | (16.7) | (14.7) | (9.6) | (10.6) | (8.9) | (8.7) | ||||||||||||
| Net Income Attributable To Parent | (23.6) | (29.7) | (20.1) | (25.3) | (28.5) | (23.2) | (23.2) | (20.0) | (22.7) | (19.4) | (20.8) | (16.7) | (14.7) | (9.6) | (10.6) | (8.9) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (23.6) | (29.7) | (20.1) | (25.3) | (28.5) | (23.2) | (23.2) | (20.0) | (22.7) | (19.4) | (20.8) | (16.7) | (14.7) | (9.6) | (10.6) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.38) | - | (0.32) | (0.49) | (0.57) | - | (0.48) | (0.41) | (0.54) | - | (0.51) | (0.41) | (0.80) | - | (3.27) | (2.86) | (3.01) | - | (0.55) | (0.74) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.38) | - | (0.32) | (0.49) | (0.57) | - | (0.48) | (0.41) | (0.54) | - | (0.51) | (0.41) | (0.80) | - | (3.27) | (2.86) | (3.01) | - | |||||||||||
| Shares Basic | 62.8 | - | 62.1 | 52.1 | 50.1 | - | 48.3 | 48.1 | 42.0 | - | 41.0 | 41.0 | 41.0 | - | 3.2 | 3.1 | 2.9 | - | |||||||||||
| Shares Diluted | 62.8 | - | 62.1 | 52.1 | 50.1 | - | 48.3 | 48.1 | 42.0 | - | 41.0 | 41.0 | 41.0 | - | 3.2 | 3.1 | 2.9 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (27.8) | (34.2) | (25.0) | (28.5) | (31.6) | (26.8) | (27.0) | (24.5) | (25.9) | (22.6) | (24.2) | (20.1) | (16.4) | (49.1) | (10.9) | (9.0) | 30.3 | - | - | - | (10.3) | - | - | - | (7.3) | - | - | - | - |
| EBIT | (27.8) | (34.3) | (25.1) | (28.6) | (31.7) | (26.9) | (27.1) | (24.6) | (26.0) | (22.7) | (24.2) | (20.1) | (16.4) | (10.2) | (10.9) | (9.0) | (8.7) | (14.3) | (13.7) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 34.1 | 33.8 | 23.8 | 19.0 | 7.8 | 13.0 | 9.5 | 5.1 |
| Depreciation & Amortization | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 115.8 | 119.7 | 104.6 | 83.5 | 38.8 | 51.4 | 41.7 | 24.1 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 17.0 | 16.0 | 15.5 | 11.9 | 1.1 | 0.1 | 0.3 | 0.7 |
| Pre-Tax Income | - | - | - | - | 1.6 | (51.4) | - | - |
| (51.4) |
| (41.4) |
| (23.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (98.8) | (103.7) | (89.0) | (71.6) | (37.7) | (51.4) | (41.4) | (23.5) |
| Net Income Attributable To Parent | (98.8) | (103.7) | (89.0) | (71.6) | (37.7) | (51.4) | (41.4) | (23.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | 0.0 | - | - |
| Net Income To Common Shareholders | (98.8) | (103.7) | (89.0) | (71.6) | (37.7) | (51.4) | (41.4) | (23.5) |
| - |
| - |
| Shares Basic | 62.8 | 56.7 | 47.1 | 35.5 | 3.1 | 21.7 | - | - |
| Shares Diluted | 62.8 | 56.7 | 47.1 | 35.5 | 3.1 | 21.7 | - | - |
| (41.7) |
| (24.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.5 |
| 3.3 |
| 3.1 |
| 3.2 |
| 2.6 |
| 3.0 |
| 2.4 |
| 1.6 |
| 1.5 |
| 1.7 |
| 1.2 |
| 0.6 |
| 39.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.7 |
| 14.3 |
| 13.7 |
| 13.2 |
| 10.3 |
| 11.6 |
| 12.5 |
| 10.3 |
| 7.4 |
| 7.5 |
| 6.9 |
| 5.6 |
| 4.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| 0.3 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.3) |
| (13.6) |
| (13.2) |
| (10.3) |
| (11.5) |
| (12.4) |
| (10.2) |
| (7.2) |
| (7.3) |
| (6.6) |
| (5.4) |
| (4.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.3) |
| (13.6) |
| (13.2) |
| (10.3) |
| (11.5) |
| (12.4) |
| (10.2) |
| (7.2) |
| (7.3) |
| (6.6) |
| (5.4) |
| (4.2) |
| (8.7) |
| (14.3) |
| (13.6) |
| (13.2) |
| (10.3) |
| (11.5) |
| (12.4) |
| (10.2) |
| (7.2) |
| (7.3) |
| (6.6) |
| (5.4) |
| (4.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| (8.9) |
| (8.7) |
| (14.3) |
| (13.6) |
| (13.2) |
| (10.3) |
| (11.5) |
| (12.4) |
| (10.2) |
| (7.2) |
| (7.3) |
| (6.6) |
| (5.4) |
| (4.2) |
| (0.74) |
| (0.74) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.9 |
| 17.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.7 |
| 17.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.2) |
| (10.3) |
| (11.6) |
| (12.5) |
| (10.3) |
| (7.4) |
| (7.5) |
| (6.9) |
| (5.6) |
| (4.2) |