| (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 | 0.1 | (1.6) | 0.2 | 2.4 | 0.6 | 2.9 | 0.4 | 0.3 | 2.7 | 2.8 | 1.5 | 2.8 | 0.4 | 0.0 | 0.2 | 0.7 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 1.1 | 1.6 | 6.3 | 7.5 | 0.9 | 0.0 | 0.0 |
| Cost of Revenue | 27.7 | 29.3 | 51.7 | 20.5 | 0.0 | - | - |
| Gross Profit | (26.6) | (27.7) | (45.4) | (13.0) | 0.9 | - | - |
| Operating Expenses | |||||||
| Research & Development | 8.4 | 8.3 | 11.8 | 42.6 | 72.0 | 30.3 | 12.9 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (53.0) | (57.4) | (89.8) | (85.9) | (105.5) | (60.6) | (17.4) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | 1.9 | 0.1 |
| Tax & Net | |||||||
| Income Tax Expense | 0.0 | 0.0 | - | - | - | - | - |
| Net Income From Continuing Ops | (61.3) | (63.4) | (86.2) | (77.6) | (78.0) | (477.1) | |
| Per Share | |||||||
| EPS Basic | (2.09) | (4.34) | (7.32) | (7.27) | (0.51) | (5.73) | (0.52) |
| EPS Diluted | (2.09) | (4.34) | (7.32) | (7.27) | (0.51) | (5.73) | (0.52) |
| Supplementary Data | |||||||
| EBITDA | (46.5) | (51.7) | (85.1) | (79.4) | (104.0) | (60.0) | (17.0) |
| EBIT | (53.0) | (57.4) | (89.8) | (85.9) | (105.5) | (60.6) | (17.4) |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| Cost of Revenue | 7.2 | 8.1 | 4.9 | 7.5 | 8.7 | 16.0 | 12.7 | 11.7 | 11.1 | 10.3 | 10.2 | 0.0 | 0.0 | - | 0.0 | - | - | - | - | - | - | - |
| Gross Profit | (7.0) | (9.7) | (4.7) | (5.1) | (8.1) | (13.2) | (12.4) | (11.4) | (8.4) | (7.5) | (8.6) | 2.8 | 0.4 | - | 0.2 | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 2.6 | 3.4 | 1.0 | 1.4 | 2.5 | 2.7 | 2.7 | 2.8 | 3.5 | 3.8 | 1.6 | 19.5 | 17.7 | 22.8 | 20.1 | 16.2 | 12.9 | 10.7 | 7.7 | 6.2 | 5.7 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | 0.3 | 0.2 | 0.4 | 1.3 | 2.0 | 1.9 | 2.5 | 2.7 | 2.0 | 2.1 | 2.1 | 1.7 | 1.9 | 1.7 | 1.8 | 1.9 | 1.5 | |||||
| General & Administrative | 3.9 | 4.6 | 3.7 | 3.7 | 5.6 | 5.7 | 6.1 | 6.2 | 5.5 | 5.6 | 5.8 | 5.8 | 5.3 | 6.9 | 6.0 | 6.8 | 7.8 | |||||
| Depreciation & Amortization | 2.4 | 1.3 | 1.4 | 1.5 | 1.5 | 1.6 | 0.7 | 1.2 | 1.2 | 3.3 | 1.1 | 1.0 | 1.1 | 0.7 | 0.4 | 0.3 | ||||||
| Amortization of Intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | (0.1) | 0.2 | 0.1 | 0.1 | - | 0.0 | - | - | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | 6.7 | 8.2 | 5.1 | 6.5 | 10.0 | 10.3 | 11.3 | 11.7 | 11.1 | 11.5 | 9.5 | 27.0 | 24.9 | 31.4 | 27.9 | 24.9 | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (13.8) | (17.9) | (9.8) | (11.6) | (18.1) | (23.5) | (23.7) | (23.1) | (19.5) | (19.1) | (18.1) | (24.2) | (24.5) | (31.4) | (27.7) | (24.2) | (22.2) | (31.1) | (11.0) | (10.2) | (8.3) | (0.0) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | (2.1) | (6.1) | (0.6) | 0.5 | 0.1 | 0.0 | 1.2 | 1.2 | 1.2 | 2.9 | 1.5 | 1.3 | 2.6 | 6.3 | (3.9) | 8.6 | 16.5 | |||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (15.9) | (24.0) | (10.4) | (11.1) | (18.0) | (23.5) | (22.5) | (21.9) | (18.3) | (16.1) | (16.6) | (22.9) | (21.9) | (25.1) | (31.6) | (15.6) | (5.7) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (15.9) | (24.0) | (10.4) | (11.1) | (18.0) | (23.5) | (22.5) | (21.9) | (18.3) | (16.1) | (16.6) | (22.9) | (21.9) | (25.1) | (31.6) | (15.6) | (5.7) | |||||
| Net Income Attributable To Parent | (15.9) | (24.0) | (10.4) | (11.1) | (18.0) | (23.5) | (22.5) | (21.9) | (18.3) | (16.1) | (16.6) | (22.9) | (21.9) | (25.1) | (31.6) | (15.6) | ||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (15.9) | (24.0) | (10.4) | (11.1) | (18.0) | (23.5) | (22.5) | (21.9) | (18.3) | (16.1) | (16.6) | (22.9) | (21.9) | (25.1) | (31.6) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (0.54) | - | (0.73) | (0.90) | (1.50) | - | (1.90) | (1.87) | (1.57) | - | (1.59) | (0.15) | (0.14) | - | (0.21) | (0.10) | (0.04) | - | (0.76) | (1.35) | (2.51) | - |
| EPS Diluted | (0.54) | - | (0.73) | (0.90) | (1.50) | - | (1.90) | (1.87) | (1.57) | - | (1.59) | (0.15) | (0.14) | - | (0.21) | (0.10) | (0.04) | - | ||||
| Shares Basic | 29.3 | - | 14.2 | 12.3 | 12.0 | - | 11.8 | 11.7 | 11.6 | - | 10.5 | 154.9 | 154.1 | - | 152.9 | 152.7 | 151.7 | - | ||||
| Shares Diluted | 29.3 | - | 14.2 | 12.3 | 12.0 | - | 11.8 | 11.7 | 11.6 | - | 10.5 | 154.9 | 154.1 | - | 152.9 | 152.7 | 151.7 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (11.4) | (16.6) | (8.4) | (10.1) | (16.6) | (21.9) | (23.0) | (21.9) | (18.3) | (15.7) | (17.0) | (23.2) | (23.4) | (30.7) | (27.4) | (23.9) | (22.0) | (31.0) | (10.9) | (10.0) | (8.2) | - |
| EBIT | (13.8) | (17.9) | (9.8) | (11.6) | (18.1) | (23.5) | (23.7) | (23.1) | (19.5) | (19.1) | (18.1) | (24.2) | (24.5) | (31.4) | (27.7) | (24.2) | (22.2) | (31.1) | (11.0) | |||
| - |
| Selling & Marketing | 2.1 | 3.8 | 9.2 | 7.7 | 6.9 | 3.0 | 1.2 |
| General & Administrative | 15.9 | 17.6 | 23.5 | 22.6 | 27.5 | 27.3 | 3.3 |
| Depreciation & Amortization | 6.6 | 5.7 | 4.7 | 6.5 | 1.5 | 0.6 | 0.4 |
| Amortization of Intangibles | 0.3 | 0.3 | 0.3 | 0.1 | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 26.5 | 29.7 | 44.4 | 73.0 | 106.4 | 60.6 | 17.4 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (8.3) | (6.0) | 3.6 | 8.3 | 27.5 | (416.5) | (13.0) |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (30.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (61.3) | (63.4) | (86.2) | (77.6) | (78.0) | (477.1) | (30.4) |
| Net Income Attributable To Parent | (61.3) | (63.4) | (86.2) | (77.6) | (78.0) | (477.1) | (30.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (61.3) | (63.4) | (86.2) | (77.6) | (78.0) | (477.2) | (30.4) |
| Shares Basic | 29.3 | 14.6 | 11.8 | 10.7 | 152.7 | 83.3 | 58.9 |
| Shares Diluted | 29.3 | 14.6 | 11.8 | 10.7 | 152.7 | 83.3 | 58.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.8 |
| 1.0 |
| 0.7 |
| 0.5 |
| - |
| 19.6 |
| 2.3 |
| 3.2 |
| 2.1 |
| 0.0 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.2 |
| 31.1 |
| 11.0 |
| 10.2 |
| 8.3 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| (149.3) |
| (40.3) |
| (80.3) |
| (146.6) |
| (0.7) |
| - |
| - |
| - |
| - |
| - |
| (180.4) |
| (51.3) |
| (90.4) |
| (154.9) |
| (0.8) |
| - |
| - |
| - |
| - |
| - |
| (180.4) |
| (51.3) |
| (90.4) |
| (154.9) |
| (0.8) |
| (5.7) |
| (180.4) |
| (51.3) |
| (90.4) |
| (154.9) |
| (0.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.6) |
| (5.7) |
| (180.5) |
| (51.3) |
| (90.4) |
| (154.9) |
| (0.0) |
| (0.76) |
| (1.35) |
| (2.51) |
| - |
| 67.7 |
| 67.1 |
| 61.7 |
| - |
| 67.7 |
| 67.1 |
| 61.7 |
| - |
| (10.2) |
| (8.3) |
| (0.0) |