| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 157.3 | 151.4 | 127.0 | 90.9 | 54.0 | 32.2 | 15.0 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (199.6) | (191.4) | (158.8) | (114.4) | (71.7) | (43.2) | (17.2) |
| Non-Operating | |||||||
| Interest Income | 23.6 | 23.6 | 25.0 | 14.2 | 4.0 | 0.4 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (176.0) | (167.8) | (133.8) | (100.2) | (67.6) | (42.8) | |
| Per Share | |||||||
| EPS Basic | (1.64) | (1.63) | (1.45) | (1.57) | (1.26) | (1.14) | (23.17) |
| EPS Diluted | (1.64) | (1.63) | (1.45) | (1.57) | (1.26) | (1.14) | (23.17) |
| Supplementary Data | |||||||
| EBITDA | (197.5) | (189.3) | (156.8) | (112.8) | (71.3) | (42.9) | (17.0) |
| EBIT | (199.6) | (191.4) | (158.8) | (114.4) | (71.7) | (43.2) | (17.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 42.7 | 43.6 | 37.5 | 33.6 | 36.8 | 36.4 | 32.2 | 30.7 | 27.7 | 27.7 | 23.8 | 19.6 | 19.9 | 16.6 | 13.9 | 12.4 | 11.1 | 9.1 | 9.9 | 7.9 | 5.4 | 5.1 | 3.2 | 3.6 | 3.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 11.5 | 12.4 | 9.4 | 9.1 | 9.2 | 9.2 | 8.2 | 7.4 | 7.1 | 6.2 | 5.7 | 5.8 | 5.8 | 5.5 | 4.4 | 4.1 | 3.7 | ||||||||
| Depreciation & Amortization | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.5 | 0.6 | 0.4 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 54.1 | 56.0 | 46.9 | 42.6 | 46.0 | 45.5 | 40.4 | 38.1 | 34.8 | 33.9 | 29.5 | 25.3 | 25.7 | 22.1 | 18.3 | 16.5 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (54.1) | (56.0) | (46.9) | (42.6) | (46.0) | (45.5) | (40.4) | (38.1) | (34.8) | (33.9) | (29.5) | (25.3) | (25.7) | (22.1) | (18.3) | (16.5) | (14.8) | (12.8) | (13.1) | (10.5) | (6.9) | (6.3) | (3.6) | (4.0) | (3.2) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 5.1 | 5.8 | 6.2 | 6.5 | 5.2 | 5.9 | 6.3 | 6.6 | 6.2 | 3.7 | 3.7 | 3.9 | 2.9 | 2.7 | 0.8 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (49.0) | (50.2) | (40.7) | (36.1) | (40.8) | (39.7) | (34.1) | (31.5) | (28.5) | (30.1) | (25.7) | (21.5) | (22.8) | (19.4) | (17.5) | (16.1) | (14.7) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (49.0) | (50.2) | (40.7) | (36.1) | (40.8) | (39.7) | (34.1) | (31.5) | (28.5) | (30.1) | (25.7) | (21.5) | (22.8) | (19.4) | (17.5) | (16.1) | (14.7) | ||||||||
| Net Income Attributable To Parent | (49.0) | (50.2) | (40.7) | (36.1) | (40.8) | (39.7) | (34.1) | (31.5) | (28.5) | (30.1) | (25.7) | (21.5) | (22.8) | (19.4) | (17.5) | (16.1) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (49.0) | (50.2) | (40.7) | (36.1) | (40.8) | (39.7) | (34.1) | (31.5) | (28.5) | (30.1) | (25.7) | (21.5) | (22.8) | (19.4) | (17.5) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.46) | - | (0.39) | (0.34) | (0.43) | - | (0.36) | (0.34) | (0.33) | - | (0.41) | (0.34) | (0.36) | - | (0.34) | (0.32) | (0.30) | - | (0.26) | (0.21) | (4.37) | - | - | - | - |
| EPS Diluted | (0.46) | - | (0.39) | (0.34) | (0.43) | - | (0.36) | (0.34) | (0.33) | - | (0.41) | (0.34) | (0.36) | - | (0.34) | (0.32) | (0.30) | - | |||||||
| Shares Basic | 107.1 | - | 105.5 | 104.9 | 95.1 | - | 93.8 | 93.5 | 87.6 | - | 63.5 | 63.4 | 63.3 | - | 51.8 | 49.6 | 49.5 | - | |||||||
| Shares Diluted | 107.1 | - | 105.5 | 104.9 | 95.1 | - | 93.8 | 93.5 | 87.6 | - | 63.5 | 63.4 | 63.3 | - | 51.8 | 49.6 | 49.5 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (53.6) | (55.4) | (46.4) | (42.1) | (45.4) | (44.9) | (39.9) | (37.6) | (34.3) | (33.3) | (29.1) | (24.9) | (25.5) | (22.0) | (18.2) | (16.4) | (14.7) | (12.8) | (13.0) | (10.4) | (6.8) | (6.3) | (3.6) | (3.9) | (3.2) |
| EBIT | (54.1) | (56.0) | (46.9) | (42.6) | (46.0) | (45.5) | (40.4) | (38.1) | (34.8) | (33.9) | (29.5) | (25.3) | (25.7) | (22.1) | (18.3) | (16.5) | (14.8) | (12.8) | (13.1) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 42.3 | 40.0 | 31.9 | 23.5 | 17.6 | 11.0 | 2.2 |
| Depreciation & Amortization | 2.1 | 2.1 | 2.1 | 1.6 | 0.4 | 0.3 | 0.2 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 199.6 | 191.4 | 158.8 | 114.4 | 71.7 | 43.2 | 17.2 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - |
| Pre-Tax Income | - | (167.8) | (133.8) | (100.2) | - | - | - |
| (17.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (176.0) | (167.8) | (133.8) | (100.2) | (67.6) | (42.8) | (17.1) |
| Net Income Attributable To Parent | (176.0) | (167.8) | (133.8) | (100.2) | (67.6) | (42.8) | (17.1) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (176.0) | (167.8) | (133.8) | (100.2) | (67.6) | (42.8) | (17.1) |
| Shares Basic | 107.1 | 102.9 | 92.4 | 63.7 | 53.6 | 37.5 | 0.7 |
| Shares Diluted | 107.1 | 102.9 | 92.4 | 63.7 | 53.6 | 37.5 | 0.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.7 |
| 3.2 |
| 2.6 |
| 1.5 |
| 1.2 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.8 |
| 12.8 |
| 13.1 |
| 10.5 |
| 6.9 |
| 6.3 |
| 3.6 |
| 4.0 |
| 3.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.7) |
| (12.9) |
| (10.4) |
| (6.8) |
| (6.3) |
| (3.6) |
| (4.0) |
| (3.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.7) |
| (12.9) |
| (10.4) |
| (6.8) |
| (6.3) |
| (3.6) |
| (4.0) |
| (3.2) |
| (14.7) |
| (12.7) |
| (12.9) |
| (10.4) |
| (6.8) |
| (6.3) |
| (3.6) |
| (4.0) |
| (3.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.1) |
| (14.7) |
| (12.7) |
| (12.9) |
| (10.4) |
| (6.8) |
| (6.3) |
| (3.6) |
| (4.0) |
| (3.2) |
| (0.26) |
| (0.21) |
| (4.37) |
| - |
| - |
| - |
| - |
| 49.3 |
| 49.3 |
| 1.6 |
| - |
| - |
| - |
| - |
| 49.3 |
| 49.3 |
| 1.6 |
| - |
| - |
| - |
| - |
| (10.5) |
| (6.9) |
| (6.3) |
| (3.6) |
| (4.0) |
| (3.2) |