| (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 | 4.2 | 2.8 | 12.8 | 23.2 | 84.9 | 60.6 | 9.2 | 4.7 | 1.1 | 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 | 43.0 | 123.7 | 75.6 | 0.0 | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 153.4 | 141.5 | 121.6 | 111.3 | 85.1 | 57.2 | 24.0 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (148.3) | (54.2) | (81.1) | (143.3) | (112.4) | (72.9) | (28.0) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | (1.9) | (1.1) | 2.6 | 0.3 | 0.0 | - | - |
| Net Income From Continuing Ops | (130.0) | (38.6) | (72.7) | (135.4) | (108.5) | (74.0) | |
| Per Share | |||||||
| EPS Basic | (1.30) | - | - | - | - | - | - |
| EPS Diluted | (1.30) | - | - | - | - | - | - |
| Supplementary Data | |||||||
| EBITDA | (139.9) | (45.9) | (73.0) | (137.1) | (108.6) | (70.8) | (27.5) |
| EBIT | (148.3) | (54.2) | (81.1) | (143.3) | (112.4) | (72.9) | (28.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 44.1 | 42.0 | 36.7 | 30.7 | 32.2 | 38.9 | 27.6 | 28.1 | 27.0 | 27.1 | 28.3 | 29.1 | 26.8 | 24.9 | 21.3 | 20.9 | 17.9 | 18.1 | 15.1 | 14.6 | 9.3 | - | 5.5 | 4.9 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 10.2 | 10.5 | 9.1 | 8.1 | 8.7 | 8.8 | 8.1 | 9.3 | 9.0 | 7.7 | 8.7 | 8.1 | 7.5 | 7.6 | 7.0 | 6.3 | 6.4 | ||||||||
| Depreciation & Amortization | 2.0 | 2.1 | 2.1 | 2.1 | 2.0 | 2.1 | 2.1 | 2.1 | 1.9 | 1.8 | 1.8 | 1.4 | 1.2 | 1.1 | 1.0 | 0.9 | |||||||||
| Amortization of Intangibles | 0.6 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.6 | 0.2 | 0.8 | - | - | - | 0.8 | - | - | - | 0.4 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 54.2 | 52.5 | 45.7 | 38.7 | 40.9 | 47.6 | 35.7 | 37.3 | 36.0 | 34.9 | 37.0 | 37.2 | 34.3 | 32.5 | 28.4 | 27.2 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (50.0) | (49.7) | (33.0) | (15.6) | 44.0 | 13.0 | (26.5) | (32.6) | (34.9) | (34.9) | (37.0) | (37.2) | (34.3) | (32.5) | (28.4) | (27.2) | (24.3) | (23.4) | (19.9) | (18.1) | (11.5) | - | (6.4) | (5.4) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 5.6 | 3.6 | 2.7 | 4.5 | 3.7 | 2.6 | 2.7 | 2.6 | 3.1 | 1.6 | 2.3 | 2.2 | 2.2 | 1.7 | 1.0 | 0.8 | 0.4 | ||||||||
| Pre-Tax Income | (44.5) | (46.1) | (30.3) | (11.1) | 47.7 | 15.6 | (23.8) | (30.1) | (31.9) | (33.3) | (34.7) | (35.0) | (32.0) | - | (27.3) | (26.5) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.1 | 0.1 | (3.2) | 1.2 | 0.8 | 2.2 | 0.1 | 0.3 | 0.1 | (0.0) | 0.2 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (44.5) | (46.1) | (27.1) | (12.3) | 46.9 | 13.4 | (23.9) | (30.3) | (32.0) | (33.3) | (34.9) | (35.2) | (32.0) | (30.8) | (27.3) | (26.5) | (23.9) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (44.5) | (46.1) | (27.1) | (12.3) | 46.9 | 13.4 | (23.9) | (30.3) | (32.0) | (33.3) | (34.9) | (35.2) | (32.0) | (30.8) | (27.3) | (26.5) | (23.9) | ||||||||
| Net Income Attributable To Parent | (44.5) | (46.1) | (27.1) | (12.3) | 46.9 | 13.4 | (23.9) | (30.3) | (32.0) | (33.3) | (34.9) | (35.2) | (32.0) | (30.8) | (27.3) | (26.5) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (44.5) | (46.1) | (27.1) | (12.3) | 46.9 | 13.4 | (23.9) | (30.3) | (32.0) | (33.3) | (34.9) | (35.2) | (32.0) | (30.8) | (27.3) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Shares Basic | 99.9 | - | 82.4 | 82.2 | 82.1 | - | 82.0 | 71.2 | 60.2 | - | 49.8 | 49.4 | 49.3 | - | 46.7 | 46.7 | 46.6 | - | |||||||
| Shares Diluted | 99.9 | - | 82.4 | 82.2 | 83.0 | - | 82.0 | 71.2 | 60.2 | - | 49.8 | 49.4 | 49.3 | - | 46.7 | 46.7 | 46.6 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (48.0) | (47.6) | (30.9) | (13.4) | 46.1 | 15.1 | (24.4) | (30.6) | (33.1) | (33.0) | (35.1) | (35.8) | (33.1) | (31.4) | (27.3) | (26.3) | (23.5) | (22.5) | (19.3) | (17.7) | (11.2) | - | - | - | - |
| EBIT | (50.0) | (49.7) | (33.0) | (15.6) | 44.0 | 13.0 | (26.5) | (32.6) | (34.9) | (34.9) | (37.0) | (37.2) | (34.3) | (32.5) | (28.4) | (27.2) | (24.3) | (23.4) | (19.9) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 37.9 | 36.4 | 35.2 | 32.0 | 27.3 | 15.7 | 4.0 |
| Depreciation & Amortization | 8.3 | 8.4 | 8.1 | 6.2 | 3.7 | 2.1 | 0.5 |
| Amortization of Intangibles | 2.6 | 2.5 | 2.1 | 2.1 | 2.5 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 191.2 | 177.9 | 156.7 | 143.3 | 112.4 | 72.9 | 28.0 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 16.4 | 14.5 | 11.0 | 8.3 | 3.9 | (1.1) | (7.9) |
| Pre-Tax Income | (131.9) | (39.7) | (70.1) | (135.0) | (108.5) | - | - |
| (35.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (130.0) | (38.6) | (72.7) | (135.4) | (108.5) | (74.0) | (35.9) |
| Net Income Attributable To Parent | (130.0) | (38.6) | (72.7) | (135.4) | (108.5) | (74.0) | (35.9) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (130.0) | (38.6) | (72.7) | (135.4) | (108.5) | (74.0) | (35.9) |
| Shares Basic | 99.9 | 83.1 | 73.9 | 51.4 | 47.2 | 25.0 | - |
| Shares Diluted | 99.9 | 83.1 | 73.9 | 51.4 | 47.2 | 25.0 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.3 |
| 4.8 |
| 3.5 |
| 2.2 |
| - |
| 0.9 |
| 0.5 |
| - |
| 0.8 |
| 0.9 |
| 0.6 |
| 0.4 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.3 |
| 23.4 |
| 19.9 |
| 18.1 |
| 11.5 |
| - |
| 6.4 |
| 5.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| 0.0 |
| (0.3) |
| (0.8) |
| - |
| (0.2) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.4) |
| (19.8) |
| (18.4) |
| (12.3) |
| (19.7) |
| (6.6) |
| (5.4) |
| (4.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.4) |
| (19.8) |
| (18.4) |
| (12.3) |
| (19.7) |
| (6.6) |
| (5.4) |
| (4.3) |
| (23.9) |
| (23.4) |
| (19.8) |
| (18.4) |
| (12.3) |
| (19.7) |
| (6.6) |
| (5.4) |
| (4.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (26.5) |
| (23.9) |
| (23.4) |
| (19.8) |
| (18.4) |
| (12.3) |
| (19.7) |
| (6.6) |
| (5.4) |
| (4.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 46.0 |
| 5.1 |
| - |
| - |
| - |
| - |
| - |
| 46.0 |
| 5.1 |
| - |
| - |
| - |
| - |
| - |
| (18.1) |
| (11.5) |
| - |
| (6.4) |
| (5.4) |
| - |