| (in millions of USD, except per-share data) | Q3 FY 26 | Q2 FY 26 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 0.5 | 0.0 | 0.0 | 8.9 | 1.4 | 0.1 | 0.1 | 1.7 | 1.9 | 2.1 | 3.1 | 2.9 | 3.7 | 3.0 | 4.0 | 2.3 | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 9.4 | 10.5 | 8.8 | 13.5 | 7.3 | 3.4 | 1.9 |
| Cost of Revenue | 2.5 | 3.4 | 2.9 | 4.3 | 1.2 | 1.5 | 1.1 |
| Gross Profit | 6.9 | 7.1 | 5.9 | 9.2 | 6.0 | 2.0 | 0.8 |
| Operating Expenses | |||||||
| Research & Development | 4.3 | 3.5 | 5.5 | 8.8 | 6.2 | 3.2 | 2.4 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (15.4) | (2.7) | (6.6) | (28.8) | (6.3) | (6.0) | (4.9) |
| Non-Operating | |||||||
| Interest Income | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | 0.2 | 0.1 |
| Tax & Net | |||||||
| Income Tax Expense | - | - | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (15.0) | (2.6) | (6.4) | (28.6) | (6.0) | (6.1) | |
| Per Share | |||||||
| EPS Basic | (0.71) | (0.13) | (0.38) | (2.05) | (0.51) | (0.84) | - |
| EPS Diluted | (0.71) | (0.13) | (0.38) | (2.05) | (0.51) | - | - |
| Supplementary Data | |||||||
| EBITDA | - | (2.2) | (5.3) | (26.6) | (5.8) | (5.9) | (4.9) |
| EBIT | (15.4) | (2.7) | (6.6) | (28.8) | (6.3) | (6.0) | (4.9) |
| 2.3 |
| 1.7 |
| 1.0 |
| 1.0 |
| 0.9 |
| 1.3 |
| 0.3 |
| Cost of Revenue | 0.3 | 0.5 | 0.4 | 1.3 | 0.4 | 1.1 | 0.5 | 0.5 | 0.6 | 0.7 | 1.2 | 1.0 | 1.2 | 0.9 | 1.2 | 0.5 | 0.4 | 0.2 | 0.1 | 0.2 | 0.6 | 0.5 | 0.1 |
| Gross Profit | 0.2 | (0.5) | (0.4) | 7.5 | 1.0 | (1.0) | (0.4) | 1.2 | 1.3 | 1.4 | 1.9 | 2.0 | 2.4 | 2.1 | 2.7 | 1.8 | 1.9 | 1.5 | 0.9 | 0.8 | 0.3 | 0.7 | 0.1 |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 1.5 | 0.9 | 1.0 | 0.9 | 0.8 | 0.7 | 1.1 | 1.2 | 1.1 | 1.4 | 1.7 | 2.1 | 2.2 | 2.5 | 2.0 | 2.1 | 1.9 | 1.2 | 1.0 | 1.2 | 0.7 | 0.6 | 0.7 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Selling & Marketing | 0.3 | 0.3 | 0.3 | 0.6 | 0.5 | 0.4 | 0.7 | 0.7 | 0.6 | 0.8 | 0.8 | 2.6 | 1.5 | 1.7 | 1.7 | 1.1 | 0.9 | ||||||
| General & Administrative | 0.6 | 0.8 | 1.0 | 0.7 | 1.2 | 0.8 | 0.9 | 0.9 | 1.2 | 1.0 | 1.1 | 1.3 | 1.1 | 1.3 | 1.4 | 1.4 | 1.1 | ||||||
| Depreciation & Amortization | - | - | 0.1 | - | - | - | 0.2 | - | - | - | 0.4 | - | - | - | 0.5 | - | |||||||
| Amortization of Intangibles | - | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.4 | 0.5 | 0.6 | 0.5 | 0.4 | - | 0.2 | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 13.3 | 2.1 | 2.3 | 2.3 | 2.6 | 2.0 | 3.0 | 5.2 | 2.9 | 2.2 | 2.1 | 21.3 | 7.7 | 0.8 | 8.2 | 3.0 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (12.7) | (1.3) | (1.3) | (0.1) | (1.6) | 0.0 | (1.0) | (4.0) | (1.6) | (0.8) | (0.2) | (19.3) | (5.3) | 1.2 | (5.4) | (1.0) | (2.4) | (1.6) | (1.4) | (2.8) | (1.3) | (0.7) | (1.2) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.6 | ||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (12.7) | (1.2) | (1.0) | (0.1) | (1.5) | 0.0 | (1.0) | (4.0) | (1.5) | (0.7) | (0.1) | (19.3) | (5.2) | 1.3 | (5.4) | (1.0) | (1.8) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (12.7) | (1.2) | (1.0) | (0.1) | (1.5) | 0.0 | (1.0) | (4.0) | (1.5) | (0.7) | (0.1) | (19.3) | (5.2) | 1.3 | (5.4) | (1.0) | (1.8) | ||||||
| Net Income Attributable To Parent | (12.7) | (1.2) | (1.0) | (0.1) | (1.5) | 0.0 | (1.0) | (4.0) | (1.5) | (0.7) | (0.1) | (19.3) | (5.2) | 1.3 | (5.4) | (1.0) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (12.7) | (1.2) | (1.0) | (0.1) | (1.5) | 0.0 | (1.0) | (4.0) | (1.5) | (0.7) | (0.1) | (19.3) | (5.2) | 1.3 | (5.4) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (0.60) | (0.06) | (0.05) | - | (0.07) | 0.00 | (0.06) | - | (0.09) | (0.04) | (0.01) | - | (0.37) | 0.09 | (0.40) | - | (0.14) | (0.14) | (0.17) | - | (0.17) | - | - |
| EPS Diluted | (0.60) | (0.06) | (0.05) | - | (0.07) | 0.00 | (0.06) | - | (0.09) | (0.04) | (0.01) | - | (0.37) | 0.07 | (0.40) | - | - | (0.14) | |||||
| Shares Basic | 21.1 | 21.1 | 21.1 | - | 21.0 | 18.4 | 18.2 | - | 17.2 | 16.7 | 14.7 | - | 14.1 | 13.8 | 13.3 | - | 12.6 | 11.6 | |||||
| Shares Diluted | 21.1 | 21.1 | 21.1 | - | 21.0 | 24.5 | 18.2 | - | 17.2 | 16.7 | 14.7 | - | 14.1 | 19.3 | 13.3 | - | - | 11.6 | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | - | - | (1.3) | - | - | - | (0.9) | - | - | - | 0.2 | - | - | - | (5.0) | - | - | - | (1.4) | - | - | - | (1.2) |
| EBIT | (12.7) | (1.3) | (1.3) | (0.1) | (1.6) | 0.0 | (1.0) | (4.0) | (1.6) | (0.8) | (0.2) | (19.3) | (5.3) | 1.2 | (5.4) | (1.0) | (2.4) | (1.6) | (1.4) | ||||
| - |
| Selling & Marketing | 1.5 | 2.2 | 2.8 | 7.5 | 3.1 | 1.3 | 1.5 |
| General & Administrative | 3.1 | 3.6 | 4.3 | 5.0 | 4.5 | 2.2 | 1.8 |
| Depreciation & Amortization | - | 0.5 | 1.4 | 2.2 | 0.5 | 0.0 | 0.0 |
| Amortization of Intangibles | - | 0.4 | 1.2 | 2.0 | 0.5 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 20.0 | 9.9 | 12.5 | 38.0 | 12.4 | 7.9 | 5.7 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | 0.2 | 0.4 | (0.1) | (0.1) |
| Pre-Tax Income | - | (2.6) | (6.4) | (28.6) | - | - | - |
| (5.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (15.0) | (2.6) | (6.4) | (28.6) | (6.0) | (6.1) | (5.0) |
| Net Income Attributable To Parent | (15.0) | (2.6) | (6.4) | (28.6) | (6.0) | (6.1) | (5.0) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (15.0) | (2.6) | (6.4) | (28.6) | (6.0) | (6.1) | (5.0) |
| Shares Basic | 21.1 | 19.6 | 16.7 | 13.9 | 11.7 | 7.3 | - |
| Shares Diluted | 21.1 | 19.6 | 16.7 | 13.9 | 11.7 | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| 0.5 |
| 0.3 |
| 0.3 |
| 0.4 |
| 0.3 |
| 1.1 |
| 0.8 |
| 0.9 |
| 0.6 |
| 0.4 |
| 0.3 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.1 |
| 3.1 |
| 2.3 |
| 3.6 |
| 1.6 |
| 1.4 |
| 1.4 |
| - |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.3) |
| (0.1) |
| 0.0 |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.6) |
| (1.7) |
| (2.8) |
| (1.2) |
| (0.7) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.6) |
| (1.7) |
| (2.8) |
| (1.2) |
| (0.7) |
| (1.3) |
| (1.8) |
| (1.6) |
| (1.7) |
| (2.8) |
| (1.2) |
| (0.7) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.0) |
| (1.8) |
| (1.6) |
| (1.7) |
| (2.8) |
| (1.2) |
| (0.7) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| 10.0 |
| - |
| 7.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.8) |
| (1.3) |
| (0.7) |
| (1.2) |