| (in millions of USD, except per-share data) | Q4 FY 26 | 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 | Q4 FY 20 | Q3 FY 20 | Q2 FY 20 | Q1 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| (in millions of USD, except per-share data) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | 100.0 | 0.2 | - | - |
| Cost of Revenue | - | - | - | - | 0.0 | 0.1 | - | - |
| Gross Profit | - | - | - | - | 100.0 | 0.1 | - | - |
| Operating Expenses | ||||||||
| Research & Development | 2.4 | 9.5 | 4.7 | 10.0 | 5.6 | 4.2 | 16.0 | 29.4 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (11.1) | (16.7) | (12.9) | (52.2) | (15.6) | (16.4) | (24.4) | (34.4) |
| Non-Operating | ||||||||
| Interest Income | 0.7 | 0.7 | 0.9 | 0.2 | 0.1 | 0.1 | 0.3 | 0.4 |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | (1.7) | (3.2) | (1.8) | (9.5) | (0.6) | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (7.8) | (9.6) | (12.9) | (42.4) | (9.8) | |||
| Per Share | ||||||||
| EPS Basic | (0.47) | (0.79) | (1.35) | (5.71) | (0.27) | - | - | - |
| EPS Diluted | (0.47) | (0.79) | (1.35) | (5.71) | (0.27) | - | ||
| Supplementary Data | ||||||||
| EBITDA | (11.1) | (16.7) | (12.8) | (52.0) | (15.6) | (16.3) | (24.0) | (34.0) |
| EBIT | (11.1) | (16.7) | (12.9) | (52.2) | (15.6) | (16.4) | ||
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||
| Research & Development | 0.4 | 0.5 | 0.6 | 1.0 | 1.6 | 2.2 | 3.0 | 2.7 | 1.7 | 1.4 | 0.5 | 1.1 | 1.6 | 2.5 | 3.3 | 2.6 | 2.3 | 2.2 | 0.6 | 0.5 | 0.5 | 0.7 | 1.3 | 1.8 | 1.9 | 3.9 | 4.0 | 6.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.3 | |||||||||||
| General & Administrative | 2.6 | 2.0 | 2.0 | 2.1 | 1.5 | 1.5 | 1.9 | 2.3 | 1.6 | 1.6 | 1.6 | 1.9 | 2.4 | 1.6 | 1.7 | 1.9 | 1.8 | |||||||||||
| Depreciation & Amortization | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.2 | ||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | |||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Operating Income | ||||||||||||||||||||||||||||
| Operating Income | (3.0) | (2.4) | (2.5) | (3.1) | (3.2) | (3.7) | (4.8) | (5.0) | (3.3) | (3.0) | (2.1) | (4.5) | (38.1) | (4.2) | (5.1) | (4.7) | (4.4) | (4.5) | (3.6) | (3.1) | (2.3) | (2.0) | (8.0) | (4.1) | (4.0) | (6.1) | (6.3) | (8.0) |
| Non-Operating | ||||||||||||||||||||||||||||
| Interest Income | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Other Non-Operating Income | 0.1 | 0.1 | 1.6 | (0.3) | 2.8 | (1.1) | 0.5 | 1.6 | (0.8) | 0.4 | (1.6) | 0.1 | 0.1 | 0.1 | 0.0 | (0.0) | (0.1) | |||||||||||
| Pre-Tax Income | (2.9) | (2.3) | (0.9) | (3.4) | (0.4) | (4.8) | (4.3) | (3.3) | (4.1) | (2.6) | (3.7) | (4.3) | (38.0) | (4.2) | (5.1) | (4.8) | ||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||
| Income Tax Expense | (1.7) | 0.0 | 0.0 | 0.0 | (1.0) | (0.6) | (0.9) | (0.7) | (0.9) | (0.2) | (0.4) | (0.3) | (8.9) | (0.3) | (0.2) | (0.2) | (0.6) | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (1.2) | (2.3) | (0.9) | (3.4) | 0.6 | (4.2) | (3.4) | (2.6) | (3.2) | (2.4) | (3.3) | (4.0) | (29.1) | (3.9) | (4.9) | (4.5) | (3.9) | |||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Net Income | (1.2) | (2.3) | (0.9) | (3.4) | 0.6 | (4.2) | (3.4) | (2.6) | (3.2) | (2.4) | (3.3) | (4.0) | (29.1) | (3.9) | (4.9) | (4.5) | (3.9) | |||||||||||
| Net Income Attributable To Parent | (1.2) | (2.3) | (0.9) | (3.4) | 0.6 | (4.2) | (3.4) | (2.6) | (3.2) | (2.4) | (3.3) | (4.0) | (29.1) | (3.9) | (4.9) | (4.5) | ||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Net Income To Common Shareholders | (1.2) | (2.3) | (0.9) | (3.4) | 0.6 | (4.2) | (3.4) | (2.6) | (3.2) | (2.4) | (3.3) | (4.0) | (29.1) | (3.9) | (4.9) | |||||||||||||
| Per Share | ||||||||||||||||||||||||||||
| EPS Basic | - | (0.14) | (0.06) | (0.21) | - | (0.36) | (0.30) | (0.24) | - | (0.21) | (0.43) | (0.54) | - | (0.52) | (0.66) | (0.61) | - | (0.09) | (0.03) | (0.12) | - | - | - | - | - | - | - | - |
| EPS Diluted | - | (0.14) | (0.06) | (0.21) | - | (0.36) | (0.30) | (0.24) | - | (0.21) | (0.43) | (0.54) | - | (0.52) | (0.66) | (0.61) | - | (0.09) | ||||||||||
| Shares Basic | - | 16.9 | 15.9 | 15.9 | - | 11.5 | 11.5 | 10.9 | - | 11.5 | 7.6 | 7.4 | - | 7.4 | 7.4 | 7.4 | - | 44.3 | ||||||||||
| Shares Diluted | - | 16.9 | 15.9 | 15.9 | - | 11.5 | 11.5 | 10.9 | - | 11.5 | 7.6 | 7.4 | - | 7.4 | 7.4 | 7.4 | - | 44.3 | ||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||
| EBITDA | - | - | - | (3.1) | - | - | - | (5.0) | - | - | - | (4.4) | - | - | - | (4.6) | (4.4) | (4.5) | (3.6) | (3.1) | (2.3) | (2.0) | (8.0) | (4.0) | (3.9) | (6.0) | (6.2) | (7.9) |
| EBIT | (3.0) | (2.4) | (2.5) | (3.1) | (3.2) | (3.7) | (4.8) | (5.0) | (3.3) | (3.0) | (2.1) | (4.5) | (38.1) | (4.2) | (5.1) | (4.7) | (4.4) | (4.5) | (3.6) | |||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | 0.3 | 0.7 | 0.5 | 1.1 | 2.7 | 0.5 |
| General & Administrative | 8.7 | 7.2 | 6.7 | 7.6 | 9.3 | 5.5 | 5.8 | 4.5 |
| Depreciation & Amortization | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.4 | 0.4 |
| Amortization of Intangibles | - | - | - | - | 0.0 | 0.8 | 1.9 | 1.9 |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.6 | 3.9 | (1.8) | 0.2 | 5.1 | (3.3) | (1.1) | (5.0) |
| Pre-Tax Income | (9.5) | (12.8) | (14.7) | (52.0) | (10.5) | (19.7) | (25.5) | (39.4) |
| (19.7) |
| (25.5) |
| (39.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (7.8) | (9.6) | (12.9) | (42.4) | (9.8) | (19.7) | (25.5) | (39.4) |
| Net Income Attributable To Parent | (7.8) | (9.6) | (12.9) | (42.4) | (9.8) | (19.7) | (25.5) | (39.4) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (7.8) | (9.6) | (12.9) | (42.4) | (9.8) | (19.7) | (25.5) | (39.4) |
| - |
| - |
| Shares Basic | 16.5 | 12.1 | 9.5 | 7.4 | 36.8 | - | - | - |
| Shares Diluted | 16.5 | 12.1 | 9.5 | 7.4 | 36.8 | - | - | - |
| (24.4) |
| (34.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.7 |
| 0.6 |
| 0.7 |
| 0.7 |
| 0.7 |
| 1.8 |
| 3.0 |
| 2.7 |
| 1.4 |
| 1.1 |
| 1.3 |
| 1.6 |
| 1.5 |
| 1.6 |
| 1.6 |
| 1.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.3 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| 4.5 |
| 0.0 |
| (3.3) |
| (1.3) |
| 1.9 |
| (0.5) |
| 20.6 |
| (6.0) |
| (14.9) |
| (0.8) |
| (4.6) |
| (3.8) |
| 1.0 |
| (3.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.8) |
| 1.0 |
| (3.1) |
| (5.6) |
| (3.2) |
| (6.1) |
| (4.7) |
| 16.6 |
| (12.1) |
| (21.2) |
| (8.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.8) |
| 1.0 |
| (3.1) |
| (5.6) |
| (3.2) |
| (6.1) |
| (4.7) |
| 16.6 |
| (12.1) |
| (21.2) |
| (8.8) |
| (3.9) |
| (3.8) |
| 1.0 |
| (3.1) |
| (5.6) |
| (3.2) |
| (6.1) |
| (4.7) |
| 16.6 |
| (12.1) |
| (21.2) |
| (8.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.5) |
| (3.9) |
| (3.8) |
| 1.0 |
| (3.1) |
| (5.6) |
| (3.2) |
| (6.1) |
| (4.7) |
| 16.6 |
| (12.1) |
| (21.2) |
| (8.8) |
| (0.03) |
| (0.12) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.8 |
| 26.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.8 |
| 26.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.1) |
| (2.3) |
| (2.0) |
| (8.0) |
| (4.1) |
| (4.0) |
| (6.1) |
| (6.3) |
| (8.0) |