| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | - | - | 0.0 | 0.0 | - | 0.0 | 0.0 | 80.0 | 0.0 | 0.9 | 0.8 | 0.9 | 0.3 | 0.7 | 1.2 | 1.9 | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | - | 0.0 | 80.0 | 2.8 | 6.3 | 19.2 | 8.8 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 56.8 | 56.1 | 63.4 | 71.8 | 76.8 | 69.7 | 59.0 | 71.1 | 25.2 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (86.6) | (84.8) | (21.9) | (110.7) | (112.6) | (81.1) | (71.6) | (84.2) | (33.5) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | - | 0.0 | 0.0 | - | - | - | - | - | - |
| Net Income From Continuing Ops | (76.1) | (74.9) | (9.7) | (97.3) | |||||
| Per Share | |||||||||
| EPS Basic | (1.00) | (1.18) | (0.16) | (1.59) | (2.44) | (2.29) | (2.79) | - | - |
| EPS Diluted | (1.00) | (1.18) | (0.16) | (1.59) | (2.44) | ||||
| Supplementary Data | |||||||||
| EBITDA | (85.2) | (83.4) | (20.3) | (108.5) | (110.1) | (78.5) | (69.2) | (82.2) | (32.2) |
| EBIT | (86.6) | (84.8) | (21.9) | (110.7) | (112.6) | ||||
| 2.6 |
| 5.1 |
| 4.9 |
| 4.4 |
| 4.8 |
| 4.2 |
| 1.8 |
| 2.0 |
| 0.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 14.1 | 15.4 | 14.3 | 13.0 | 13.4 | 11.7 | 14.6 | 17.3 | 19.8 | 19.0 | 18.2 | 17.8 | 16.7 | 18.6 | 15.4 | 25.0 | 17.8 | 18.9 | 17.1 | 17.4 | 16.3 | 16.1 | 15.6 | 12.8 | 14.5 | 12.1 | 13.5 | 10.9 | 34.6 | - | 7.0 | 5.8 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | 8.1 | 7.3 | 7.6 | 6.8 | 7.0 | 7.7 | 8.4 | 10.2 | 10.1 | 9.9 | 10.0 | 10.3 | 11.5 | 10.1 | 9.7 | 11.1 | 10.8 | ||||||||||||||||
| Depreciation & Amortization | 0.3 | 0.4 | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 | 0.4 | 0.5 | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.7 | |||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | 22.2 | 22.7 | 21.9 | 19.8 | 20.4 | 19.4 | 25.1 | 27.5 | 29.8 | 28.9 | 28.2 | 28.2 | 28.2 | 28.7 | 25.5 | 36.1 | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (22.2) | (22.7) | (21.9) | (19.8) | (20.4) | (19.4) | (25.1) | 52.5 | (29.8) | (28.0) | (27.4) | (27.3) | (27.9) | (28.0) | (24.4) | (34.2) | (26.0) | (23.6) | (20.8) | (19.7) | (17.0) | (17.8) | (19.1) | (15.9) | (18.8) | (16.5) | (17.0) | (13.5) | (37.2) | - | (9.1) | (7.8) | - |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | (34.1) | (25.9) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | (34.1) | (25.9) | ||||||||||||||||
| Net Income Attributable To Parent | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | (34.1) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (18.9) | (20.3) | (19.6) | (17.3) | (17.7) | (16.6) | (21.7) | 55.4 | (26.9) | (24.8) | (24.0) | (23.8) | (24.8) | (26.1) | (23.7) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.25) | - | (0.31) | (0.28) | (0.28) | - | (0.35) | 0.89 | (0.43) | - | (0.39) | (0.38) | (0.41) | - | (0.51) | (0.83) | (0.64) | - | (0.57) | (0.60) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.25) | - | (0.31) | (0.28) | (0.28) | - | (0.35) | 0.87 | (0.43) | - | (0.39) | (0.38) | (0.41) | - | (0.51) | (0.83) | (0.64) | - | |||||||||||||||
| Shares Basic | 76.2 | - | 62.6 | 62.5 | 62.5 | - | 62.4 | 62.2 | 62.0 | - | 61.8 | 61.8 | 0.1 | - | 0.0 | 0.0 | 0.0 | - | |||||||||||||||
| Shares Diluted | 76.2 | - | 62.6 | 62.5 | 62.5 | - | 62.4 | 63.6 | 62.0 | - | 61.8 | 61.8 | 0.1 | - | 0.0 | 0.0 | 0.0 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (21.8) | (22.3) | (21.6) | (19.5) | (20.1) | (19.1) | (24.7) | 52.9 | (29.4) | (27.5) | (26.9) | (26.7) | (27.4) | (27.4) | (23.8) | (33.5) | (25.5) | (22.9) | (20.2) | (19.0) | (16.4) | (17.0) | (18.6) | (15.3) | (18.3) | (15.9) | (16.5) | (13.0) | (36.7) | - | (8.7) | (7.6) | - |
| EBIT | (22.2) | (22.7) | (21.9) | (19.8) | (20.4) | (19.4) | (25.1) | 52.5 | (29.8) | (28.0) | (27.4) | (27.3) | (27.9) | (28.0) | (24.4) | (34.2) | (26.0) | (23.6) | (20.8) | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | 29.8 | 28.7 | 36.4 | 41.7 | 41.7 | 30.5 | 21.4 | 13.1 | 8.3 |
| Depreciation & Amortization | 1.4 | 1.4 | 1.6 | 2.2 | 2.4 | 2.5 | 2.4 | 2.1 | 1.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 86.6 | 84.8 | 101.9 | 113.5 | 118.9 | 100.2 | 80.4 | 84.2 | 33.5 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - |
| (109.9) |
| (80.8) |
| (70.8) |
| (82.7) |
| (32.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (76.1) | (74.9) | (9.7) | (97.3) | (109.9) | (80.8) | (70.8) | (82.7) | (32.6) |
| Net Income Attributable To Parent | (76.1) | (74.9) | (9.7) | (97.3) | (109.9) | (80.8) | (70.8) | (82.7) | (32.6) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | 7.1 | 6.6 |
| Net Income To Common Shareholders | (76.1) | (74.9) | (9.7) | (97.3) | (109.9) | (80.8) | (70.8) | (89.8) | (39.1) |
| (2.29) |
| (2.79) |
| - |
| - |
| Shares Basic | 76.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | - |
| Shares Diluted | 76.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | - |
| (81.1) |
| (71.6) |
| (84.2) |
| (33.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.7 |
| 8.6 |
| 6.7 |
| 5.5 |
| 5.9 |
| 5.3 |
| 5.1 |
| 5.1 |
| 4.4 |
| 3.5 |
| 2.6 |
| 2.6 |
| - |
| 2.1 |
| 2.1 |
| - |
| 0.5 |
| 0.6 |
| 0.6 |
| 0.7 |
| 0.6 |
| 0.7 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| - |
| 0.4 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 28.6 |
| 28.6 |
| 25.7 |
| 24.1 |
| 21.8 |
| 22.0 |
| 21.0 |
| 17.9 |
| 19.5 |
| 16.5 |
| 17.0 |
| 13.5 |
| 37.2 |
| - |
| 9.1 |
| 7.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.5) |
| (20.7) |
| (19.6) |
| (17.0) |
| (17.7) |
| (19.0) |
| (15.7) |
| (18.5) |
| (16.1) |
| (16.5) |
| (13.2) |
| (36.8) |
| (8.9) |
| (8.9) |
| (7.8) |
| (6.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.5) |
| (20.7) |
| (19.6) |
| (17.0) |
| (17.7) |
| (19.0) |
| (15.7) |
| (18.5) |
| (16.1) |
| (16.5) |
| (13.2) |
| (36.8) |
| (8.9) |
| (8.9) |
| (7.8) |
| (6.9) |
| (25.9) |
| (23.5) |
| (20.7) |
| (19.6) |
| (17.0) |
| (17.7) |
| (19.0) |
| (15.7) |
| (18.5) |
| (16.1) |
| (16.5) |
| (13.2) |
| (36.8) |
| (8.9) |
| (8.9) |
| (7.8) |
| (6.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.8 |
| 3.3 |
| 3.0 |
| - |
| 1.9 |
| 1.1 |
| - |
| (34.1) |
| (25.9) |
| (23.5) |
| (20.7) |
| (19.6) |
| (17.0) |
| (17.7) |
| (19.0) |
| (15.7) |
| (18.5) |
| (16.1) |
| (17.3) |
| (16.5) |
| (39.9) |
| (12.5) |
| (10.8) |
| (8.9) |
| (6.9) |
| (0.57) |
| (0.60) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.7) |
| (17.0) |
| (17.8) |
| (19.1) |
| (15.9) |
| (18.8) |
| (16.5) |
| (17.0) |
| (13.5) |
| (37.2) |
| - |
| (9.1) |
| (7.8) |
| - |