| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | - | - | - | - | - | - | - | 0.0 | 18.0 | 0.0 | 0.0 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||
| Research & Development | - | - | - | - | - | - | - | 45.3 | 51.1 | 29.1 | 27.2 | 19.2 |
| Selling General & Administrative | - | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | (77.0) | (70.7) | (36.6) | (32.5) | (13.9) | (21.5) | (46.3) | (4.1) | (45.9) | (37.6) | (31.7) | (23.0) |
| Non-Operating | ||||||||||||
| Interest Income | - | - | - | - | - | - | - | 1.6 | 1.5 | 0.6 | 0.2 | 0.1 |
| Interest Expense | - | - | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | - | 1.0 | 0.0 | - | - | - | - | 0.0 | 1.7 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (75.9) | |||||||||||
| Per Share | ||||||||||||
| EPS Basic | - | (4.71) | (12.17) | (24.92) | (0.80) | (1.55) | - | - | - | - | - | - |
| EPS Diluted | - | (4.71) | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | - | (70.6) | (36.6) | (32.5) | - | (21.5) | (46.2) | (4.1) | (45.2) | (37.3) | (31.4) | (22.7) |
| EBIT | (77.0) | (70.7) | ||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 18.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.1 | 7.6 | 13.3 | 12.0 | 12.4 | 15.6 | 12.3 | 12.8 | 10.4 | 8.3 | 7.6 | 6.6 | 6.6 | 6.6 | 7.6 | 6.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 2.0 | 2.8 | 3.2 | 3.0 | 3.4 | 2.1 | 2.8 | 7.1 | 3.5 | 2.8 | 3.8 | 1.9 | 2.1 | 2.5 | 2.0 | 2.0 | 1.8 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 22.4 | 24.6 | 18.4 | 11.6 | 16.1 | 7.4 | 8.6 | 12.8 | 7.8 | 6.4 | 10.2 | 9.0 | 6.9 | 4.9 | 3.4 | 3.0 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (22.4) | (24.6) | (18.4) | (11.6) | (16.1) | (7.4) | (8.6) | (12.8) | (7.8) | (6.4) | (10.2) | (9.0) | (6.9) | (4.9) | (3.4) | (3.0) | (2.5) | (3.3) | (7.7) | (5.7) | (4.7) | (4.5) | (5.0) | (34.8) | (2.0) | 14.1 | (0.7) | (0.6) | (16.9) | (19.1) | 1.4 | (15.3) | (12.8) | (10.7) | (9.7) | (8.7) | (8.6) | (8.0) | (8.5) | (7.6) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.2 | 0.4 | 0.5 | 0.5 | 0.4 | 0.4 | 0.3 | 0.3 | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 0.7 | 0.8 | 0.7 | 0.3 | 0.5 | 0.2 | 0.2 | 0.3 | 0.4 | (0.6) | 0.3 | 0.1 | 0.1 | (0.1) | 0.0 | (0.0) | (0.1) | |||||||||||||||||||||||
| Pre-Tax Income | (21.8) | - | - | - | (15.7) | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.4 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.5 | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (22.1) | (24.8) | (17.7) | (11.2) | (15.7) | (7.2) | (8.4) | (12.5) | (7.4) | (5.9) | (10.0) | (8.9) | (6.8) | (4.9) | (3.4) | (3.0) | (2.6) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (22.1) | (24.8) | (17.7) | (11.2) | (15.7) | (7.2) | (8.4) | (12.5) | (7.4) | (5.9) | (10.0) | (8.9) | (6.8) | (4.9) | (3.4) | (3.0) | (2.6) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (22.1) | (24.8) | (17.7) | (11.2) | (15.7) | (7.2) | (8.4) | (12.5) | (7.4) | (5.9) | (10.0) | (8.9) | (6.8) | (4.9) | (3.4) | (3.0) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (22.1) | (24.8) | (17.7) | (11.2) | (15.7) | (7.2) | (8.4) | (12.5) | (7.4) | (5.9) | (10.0) | (8.9) | (6.8) | (4.9) | (3.4) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.24) | - | (0.99) | (0.96) | (1.37) | - | (4.54) | (6.78) | (4.03) | - | (6.57) | (0.42) | (0.32) | - | (0.18) | (0.21) | (0.17) | - | (0.54) | (0.43) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.24) | - | (0.99) | (0.96) | (1.37) | - | (4.54) | (6.78) | (4.03) | - | (6.57) | (0.42) | (0.32) | - | (0.18) | (0.21) | (0.17) | - | ||||||||||||||||||||||
| Shares Basic | - | - | - | - | - | - | - | - | - | - | - | 21.0 | 21.0 | - | 18.9 | 14.8 | 14.8 | - | ||||||||||||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | 21.0 | 21.0 | - | 18.9 | 14.8 | 14.8 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (22.4) | - | - | - | (16.1) | - | - | - | (7.8) | - | - | - | - | - | - | - | - | - | - | - | (4.7) | - | - | - | (2.0) | - | - | - | (16.7) | - | - | - | (12.8) | - | - | - | (8.5) | - | - | - |
| EBIT | (22.4) | (24.6) | (18.4) | (11.6) | (16.1) | (7.4) | (8.6) | (12.8) | (7.8) | (6.4) | (10.2) | (9.0) | (6.9) | (4.9) | (3.4) | (3.0) | (2.5) | (3.3) | (7.7) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 10.9 | 12.4 | 15.4 | 10.6 | 8.3 | 7.6 | 4.2 | 1.4 | 12.8 | 8.6 | 4.5 | 3.8 |
| Depreciation & Amortization | - | 0.1 | 0.0 | 0.0 | - | 0.0 | 0.1 | 0.0 | 0.6 | 0.3 | 0.3 | 0.2 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 77.0 | 70.7 | 36.6 | 32.5 | 13.9 | 21.5 | 46.3 | 4.1 | 63.9 | 37.7 | 31.7 | 23.0 |
| - |
| - |
| - |
| - |
| - |
| 3.8 |
| 2.9 |
| 1.9 |
| 2.1 |
| 0.3 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.5 | 2.3 | 1.1 | (0.1) | (0.1) | (0.2) | (0.2) | (0.0) | - | (1.3) | (1.8) | (0.1) |
| Pre-Tax Income | - | (68.3) | (35.5) | (31.5) | - | - | - | (63.5) | (47.3) | (38.9) | (33.5) | - |
| (69.4) |
| (35.5) |
| (31.5) |
| (13.9) |
| (21.7) |
| (46.5) |
| (4.1) |
| (49.0) |
| (38.9) |
| (33.5) |
| (23.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (75.9) | (69.4) | (35.5) | (31.5) | (13.9) | (21.7) | (46.5) | (4.1) | (49.0) | (38.9) | (33.5) | (23.1) |
| Net Income Attributable To Parent | (75.9) | (69.4) | (35.5) | (31.5) | (13.9) | (21.7) | (46.5) | (4.1) | (49.0) | (38.9) | (33.5) | (23.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (75.9) | (69.4) | (35.5) | (31.5) | (13.9) | (21.7) | (46.5) | (4.1) | (49.0) | (38.9) | (33.5) | (23.1) |
| (12.17) |
| (24.92) |
| (0.80) |
| (1.55) |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | - | - | - | - | 17.4 | 14.0 | - | - | - | - | - | - |
| Shares Diluted | - | - | - | - | 17.4 | 14.0 | - | - | - | - | - | - |
| (36.6) |
| (32.5) |
| (13.9) |
| (21.5) |
| (46.3) |
| (4.1) |
| (45.9) |
| (37.6) |
| (31.7) |
| (23.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.9 |
| 2.0 |
| 2.2 |
| 1.4 |
| 1.5 |
| 1.3 |
| 0.8 |
| 0.7 |
| (3.7) |
| 0.3 |
| 0.3 |
| 4.4 |
| 3.5 |
| 4.3 |
| 2.6 |
| 2.4 |
| 2.4 |
| 2.2 |
| 2.0 |
| 1.9 |
| 1.4 |
| 1.0 |
| 1.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.5 |
| 3.3 |
| 7.7 |
| 5.7 |
| 4.7 |
| 4.5 |
| 5.0 |
| 34.8 |
| 2.0 |
| (14.1) |
| 0.7 |
| 0.6 |
| 16.9 |
| 19.1 |
| 16.6 |
| 15.3 |
| 12.9 |
| 10.7 |
| 9.7 |
| 8.7 |
| 8.6 |
| 8.0 |
| 8.5 |
| 7.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.8 |
| 0.3 |
| 2.0 |
| 0.8 |
| 0.8 |
| 0.7 |
| 0.7 |
| 1.1 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.5 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.0) |
| (0.0) |
| 0.2 |
| (0.0) |
| (0.0) |
| (0.2) |
| - |
| (0.3) |
| (0.8) |
| (0.0) |
| (0.2) |
| (0.2) |
| (0.4) |
| (0.5) |
| (0.5) |
| (0.5) |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.7) |
| - |
| - |
| - |
| 1.1 |
| - |
| - |
| - |
| (10.0) |
| - |
| - |
| - |
| - |
| - |
| (3.3) |
| (7.8) |
| (5.8) |
| (4.8) |
| (4.6) |
| (5.1) |
| (34.8) |
| (2.1) |
| (1.6) |
| (0.7) |
| (0.6) |
| (1.2) |
| (19.6) |
| (0.4) |
| (16.1) |
| (12.9) |
| (10.8) |
| (10.0) |
| (9.1) |
| (9.1) |
| (8.4) |
| (9.0) |
| (8.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.3) |
| (7.8) |
| (5.8) |
| (4.8) |
| (4.6) |
| (5.1) |
| (34.8) |
| (2.1) |
| (1.6) |
| (0.7) |
| (0.6) |
| (1.2) |
| (19.6) |
| (0.4) |
| (16.1) |
| (12.9) |
| (10.8) |
| (10.0) |
| (9.1) |
| (9.1) |
| (8.4) |
| (9.0) |
| (8.0) |
| (2.6) |
| (3.3) |
| (7.8) |
| (5.8) |
| (4.8) |
| (4.6) |
| (5.1) |
| (34.8) |
| (2.1) |
| (1.6) |
| (0.7) |
| (0.6) |
| (1.2) |
| (19.6) |
| (0.4) |
| (16.1) |
| (12.9) |
| (10.8) |
| (10.0) |
| (9.1) |
| (9.1) |
| (8.4) |
| (9.0) |
| (8.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.0) |
| (2.6) |
| (3.3) |
| (7.8) |
| (5.8) |
| (4.8) |
| (4.6) |
| (5.1) |
| (34.8) |
| (2.1) |
| (1.6) |
| (0.7) |
| (0.6) |
| (1.2) |
| (19.6) |
| (0.4) |
| (16.1) |
| (12.9) |
| (10.8) |
| (10.0) |
| (9.1) |
| (9.1) |
| (8.4) |
| (9.0) |
| (8.0) |
| (0.54) |
| (0.43) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.2 |
| 13.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.2 |
| 13.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.7) |
| (4.7) |
| (4.5) |
| (5.0) |
| (34.8) |
| (2.0) |
| 14.1 |
| (0.7) |
| (0.6) |
| (16.9) |
| (19.1) |
| 1.4 |
| (15.3) |
| (12.8) |
| (10.7) |
| (9.7) |
| (8.7) |
| (8.6) |
| (8.0) |
| (8.5) |
| (7.6) |