| (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 | Q3 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||
| Revenues | 0.5 | 0.1 | 0.0 | 0.1 | 0.3 | 0.2 | 0.0 | 0.3 | 0.0 | 0.2 | 0.6 | 0.0 | 0.0 | - | 0.0 | 0.0 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 0.7 | 0.5 | 0.5 | 0.8 | 0.0 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 17.2 | 16.6 | 25.2 | 132.0 | 300.0 | 174.9 | 20.2 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (323.1) | (331.1) | (149.7) | (286.1) | (437.1) | (354.1) | (64.9) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | 5.6 | 30.2 | 32.2 |
| Tax & Net | |||||||
| Income Tax Expense | 0.1 | 0.1 | (0.3) | 0.1 | 0.1 | 0.2 | 0.0 |
| Net Income From Continuing Ops | (429.1) | (397.1) | (355.8) | (431.7) | (602.2) | (516.5) | |
| Per Share | |||||||
| EPS Basic | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - |
| Supplementary Data | |||||||
| EBITDA | (267.8) | (266.2) | (78.3) | (243.6) | (434.2) | (351.2) | (61.4) |
| EBIT | (323.1) | (331.1) | (149.7) | (286.1) | (437.1) | (354.1) | (64.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 7.0 | (1.5) | 6.6 | 5.0 | 6.4 | 10.0 | 5.2 | 3.3 | 6.7 | 27.4 | 21.6 | 25.3 | 57.8 | 40.9 | 47.6 | 96.6 | 114.9 | 79.8 | 79.8 | 8.7 | 6.7 | 3.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | 5.6 | 1.4 | 6.4 | 1.9 | 2.6 | 2.4 | 2.6 | 1.8 | 2.5 | 4.8 | 5.3 | 7.7 | 5.1 | 5.5 | 3.8 | 6.2 | 6.2 | |||||
| General & Administrative | 9.2 | 8.3 | 19.7 | 14.1 | 13.7 | 3.8 | 8.3 | 17.2 | 13.8 | 15.3 | 24.0 | 17.1 | 26.5 | 23.1 | 28.6 | 33.3 | 27.9 | |||||
| Depreciation & Amortization | 8.1 | 8.4 | 19.1 | 19.8 | 17.5 | 18.1 | 17.5 | 18.1 | 17.7 | 15.0 | 13.2 | 13.2 | 1.1 | (3.5) | 0.8 | 0.8 | ||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | 24.5 | 16.7 | 172.6 | 21.3 | 22.8 | 9.6 | 3.8 | 29.9 | 22.9 | 48.2 | 50.9 | 49.4 | 95.8 | 70.7 | 80.0 | 137.5 | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (35.9) | (32.3) | (206.8) | (48.1) | (43.8) | (30.3) | (25.2) | (50.6) | (43.6) | (67.8) | (66.4) | (56.0) | (95.8) | (70.7) | (80.0) | (137.5) | (149.0) | (121.4) | (185.7) | (27.7) | (19.4) | (17.5) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 |
| Interest Expense | 2.5 | - | - | - | 2.3 | - | - | - | - | - | - | - | 0.3 | 0.4 | 0.2 | 1.1 | 3.7 | 2.3 | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | 2.3 | 3.5 | (0.1) | (0.2) | 1.8 | (2.0) | 0.4 | (0.3) | 0.5 | (0.5) | (1.6) | (1.5) | 1.2 | 2.4 | (6.5) | (6.9) | (0.9) | |||||
| Pre-Tax Income | (42.3) | (39.9) | (222.2) | (124.7) | (10.3) | (121.5) | (77.7) | (108.7) | (48.2) | (83.7) | (78.0) | (124.9) | (145.0) | (187.5) | (119.9) | (141.7) | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.3) | (0.0) | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (42.3) | (39.9) | (222.2) | (124.7) | (10.3) | (121.3) | (77.7) | (108.7) | (48.2) | (83.8) | (78.0) | (124.9) | (145.0) | (187.6) | (119.9) | (141.7) | (153.1) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (42.3) | (39.9) | (222.2) | (124.7) | (10.3) | (121.3) | (77.7) | (108.7) | (48.2) | (83.8) | (78.0) | (124.9) | (145.0) | (187.6) | (119.9) | (141.7) | (153.1) | |||||
| Net Income Attributable To Parent | (38.9) | (33.6) | (222.2) | (124.7) | (10.3) | (121.3) | (77.7) | (108.7) | (48.2) | (83.8) | (78.0) | (124.9) | (145.0) | (187.6) | (119.9) | (141.7) | ||||||
| Less: Minority Interest | (3.5) | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (38.9) | (33.6) | (222.2) | (124.7) | (10.3) | (124.7) | (81.8) | (108.7) | (48.2) | (83.8) | (78.0) | (124.9) | (145.0) | (187.6) | (119.9) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | - | - | - | - | - | - | - | - | - | - | - | - | 0.01 | - | - | - | (0.48) | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | - | (0.07) | - | - | - | (0.48) | - | ||||
| Shares Basic | - | - | - | - | - | - | - | - | - | - | - | - | 657.6 | - | - | - | 322.2 | - | ||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | 988.6 | - | - | - | 322.2 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (27.8) | (23.9) | (187.7) | (28.3) | (26.3) | (12.2) | (7.7) | (32.5) | (25.9) | (52.8) | (53.2) | (42.8) | (94.7) | (74.2) | (79.2) | (136.7) | (144.1) | - | - | - | (18.4) | - |
| EBIT | (35.9) | (32.3) | (206.8) | (48.1) | (43.8) | (30.3) | (25.2) | (50.6) | (43.6) | (67.8) | (66.4) | (56.0) | (95.8) | (70.7) | (80.0) | (137.5) | (149.0) | (121.4) | (185.7) | |||
| - |
| - |
| Selling & Marketing | 15.3 | 12.3 | 9.3 | 22.8 | 21.7 | 17.1 | 3.7 |
| General & Administrative | 51.3 | 55.7 | 43.2 | 82.9 | 112.8 | 97.9 | 41.1 |
| Depreciation & Amortization | 55.4 | 64.8 | 71.4 | 42.5 | 3.0 | 3.0 | 3.5 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 235.0 | 233.3 | 66.2 | 244.2 | 437.1 | 354.1 | 64.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 5.5 | 5.0 | (1.4) | (2.4) | (11.9) | (5.7) | (5.5) |
| Pre-Tax Income | (429.0) | (397.0) | (356.1) | (431.6) | (602.2) | (516.3) | (147.1) |
| (147.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (429.1) | (397.1) | (355.8) | (431.7) | (602.2) | (516.5) | (147.1) |
| Net Income Attributable To Parent | (419.3) | (390.7) | (355.8) | (431.7) | (602.2) | (516.5) | (147.1) |
| Less: Minority Interest | - | (6.4) | 0.0 | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (419.4) | (390.7) | (363.4) | (431.7) | (602.2) | (516.5) | (147.1) |
| Shares Basic | - | - | - | - | - | - | - |
| Shares Diluted | - | - | - | - | - | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.0 |
| 6.8 |
| 2.6 |
| 1.7 |
| 0.2 |
| 33.8 |
| 36.7 |
| 16.4 |
| 11.0 |
| 13.8 |
| 4.9 |
| - |
| - |
| - |
| 1.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.3) |
| (0.9) |
| - |
| 149.0 |
| 121.4 |
| 185.7 |
| 27.7 |
| 19.4 |
| 17.5 |
| 0.3 |
| 8.4 |
| 19.2 |
| 8.5 |
| - |
| - |
| - |
| - |
| - |
| (5.0) |
| 1.1 |
| (1.6) |
| (0.3) |
| (2.3) |
| (153.1) |
| (84.1) |
| (303.9) |
| (52.8) |
| (75.5) |
| (33.3) |
| (205.1) |
| (303.9) |
| (5.7) |
| (1.8) |
| (33.3) |
| - |
| - |
| - |
| - |
| - |
| (205.1) |
| (303.9) |
| (5.7) |
| (1.8) |
| (33.3) |
| (153.1) |
| (84.3) |
| (303.9) |
| (52.8) |
| (75.5) |
| (33.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (141.7) |
| (153.1) |
| (84.3) |
| (303.9) |
| (52.8) |
| (75.5) |
| (33.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.7) |
| (19.4) |
| (17.5) |