| (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 | 6.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.4 | 0.6 | 1.1 | 1.3 | 0.9 | 0.6 | 0.0 | 1.3 | 1.8 | 0.5 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 6.5 | 0.1 | 2.6 | 2.8 | 6.7 | 0.0 | 4.1 |
| Cost of Revenue | 0.1 | 0.0 | 1.6 | 2.3 | 4.1 | 0.0 | - |
| Gross Profit | 6.5 | 0.0 | 1.0 | 0.6 | 2.6 | 0.0 | - |
| Operating Expenses | |||||||
| Research & Development | 5.2 | 5.4 | 6.4 | 7.7 | 9.3 | 8.2 | 7.3 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (8.0) | (13.2) | (29.5) | (25.7) | (15.1) | (13.4) | (5.8) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | 0.7 | 0.8 | 0.7 | 0.3 | 0.1 | 0.0 | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (2.3) | (8.0) | (30.0) | (25.0) | (14.9) | (12.9) | |
| Per Share | |||||||
| EPS Basic | (3.34) | (10.63) | (30.96) | (0.70) | (0.42) | (0.69) | - |
| EPS Diluted | (3.34) | (10.63) | (30.96) | (0.70) | (0.42) | (0.69) | - |
| Supplementary Data | |||||||
| EBITDA | - | (12.7) | (28.3) | (24.6) | (14.4) | (12.8) | (5.3) |
| EBIT | (8.0) | (13.2) | (29.5) | (25.7) | (15.1) | (13.4) | (5.8) |
| 3.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| Cost of Revenue | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.3 | 0.4 | 0.5 | 1.1 | 0.7 | 0.5 | 0.0 | 1.1 | 1.4 | 0.3 | 1.3 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Gross Profit | 6.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | 0.6 | 0.3 | 0.2 | 0.1 | 0.0 | 0.3 | 0.4 | 0.2 | 1.8 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 1.3 | 1.3 | 1.4 | 1.2 | 1.5 | 1.0 | 1.2 | 2.0 | 2.1 | 2.1 | 1.7 | 1.6 | 2.3 | 2.9 | 2.6 | 2.0 | 1.8 | 1.5 | 2.7 | 1.7 | 2.3 | - | 2.1 | 2.1 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 1.8 | 1.5 | 1.9 | 2.1 | 2.2 | 2.0 | 1.6 | 1.6 | 1.6 | 0.6 | 1.5 | 1.6 | 3.1 | 3.0 | 1.7 | 1.7 | 1.9 | ||||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.4 | - | - | - | 0.2 | - | - | - | 0.3 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | 0.4 | 0.3 | 0.1 | 0.0 | (0.2) | ||||||||
| Total Operating Expenses | 3.3 | 4.4 | 3.3 | 3.5 | 2.0 | 3.2 | 3.8 | 15.3 | 8.1 | 11.0 | 5.3 | 4.6 | 5.4 | 5.9 | 4.4 | 3.7 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | 3.2 | (4.4) | (3.3) | (3.5) | (2.0) | (3.1) | (3.7) | (15.1) | (7.5) | (10.8) | (5.1) | (4.5) | (5.4) | (5.7) | (4.0) | (3.5) | (1.9) | (3.1) | (4.1) | (2.8) | (3.4) | - | (2.7) | (2.8) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.1 | 0.2 | 0.1 | 0.2 | 0.3 | 0.3 | 0.2 | 0.2 | 0.0 | (0.0) | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | 0.0 | 0.0 | - | - | 0.0 | (1.3) | - | - | 0.0 | 0.0 | - | - | - | - | - | ||||||||
| Pre-Tax Income | 3.8 | - | - | - | (2.2) | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.3 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | 3.5 | 0.7 | (4.6) | (1.9) | (2.2) | (3.4) | (3.9) | (15.3) | (7.5) | (10.7) | (4.9) | (4.3) | (5.1) | (5.4) | (3.9) | (3.5) | (2.1) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | 3.5 | 0.7 | (4.6) | (1.9) | (2.2) | (3.4) | (3.9) | (15.3) | (7.5) | (10.7) | (4.9) | (4.3) | (5.1) | (5.4) | (3.9) | (3.5) | (2.1) | ||||||||
| Net Income Attributable To Parent | 3.5 | 0.7 | (4.6) | (1.9) | (2.2) | (3.4) | (3.9) | (15.3) | (7.5) | (10.7) | (4.9) | (4.3) | (5.1) | (5.4) | (3.9) | (3.5) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | ||||||||
| Net Income To Common Shareholders | 2.0 | (3.5) | (4.6) | (12.1) | (2.2) | (3.4) | (3.9) | (15.3) | (7.5) | (10.7) | (4.9) | (4.3) | (5.1) | (5.4) | (3.9) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | 0.37 | - | (2.02) | (6.79) | (1.97) | - | (4.13) | (16.16) | (0.20) | - | (0.14) | (0.12) | (0.14) | - | (0.11) | (0.10) | (0.06) | - | (0.14) | (0.66) | - | - | - | - | - |
| EPS Diluted | 0.37 | - | (2.02) | (6.79) | (1.97) | - | (4.13) | (16.16) | (0.20) | - | (0.14) | (0.12) | (0.14) | - | (0.11) | (0.10) | (0.06) | - | |||||||
| Shares Basic | 5.4 | - | 2.3 | 1.8 | 1.1 | - | 0.9 | 0.9 | 37.2 | - | 35.9 | 35.9 | 35.9 | - | 35.8 | 35.8 | 35.8 | - | |||||||
| Shares Diluted | 5.4 | - | 2.3 | 1.8 | 1.1 | - | 0.9 | 0.9 | 37.2 | - | 35.9 | 35.9 | 35.9 | - | 35.8 | 35.8 | 35.8 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | 3.4 | - | - | - | (1.5) | - | - | - | (7.3) | - | - | - | (5.1) | - | - | - | (1.7) | - | - | - | (3.3) | - | - | - | - |
| EBIT | 3.2 | (4.4) | (3.3) | (3.5) | (2.0) | (3.1) | (3.7) | (15.1) | (7.5) | (10.8) | (5.1) | (4.5) | (5.4) | (5.7) | (4.0) | (3.5) | (1.9) | (3.1) | (4.1) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 7.3 | 7.7 | 6.8 | 6.8 | 8.3 | 5.2 | 2.7 |
| Depreciation & Amortization | - | 0.5 | 1.2 | 1.1 | 0.7 | 0.5 | 0.6 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | 0.1 | 0.1 | 0.1 | 1.0 | 0.3 | - | - |
| Total Operating Expenses | 14.5 | 13.2 | 30.4 | 26.3 | 17.7 | 13.4 | 9.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | 0.0 | (1.3) | - | - | - | - |
| Pre-Tax Income | - | (8.0) | (30.0) | (25.0) | (14.9) | (12.9) | (5.8) |
| (5.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (2.3) | (8.0) | (30.0) | (25.0) | (14.9) | (12.9) | (5.8) |
| Net Income Attributable To Parent | (2.3) | (8.0) | (30.0) | (25.0) | (14.9) | (12.9) | (5.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | 0.0 | 1.3 |
| Net Income To Common Shareholders | (18.1) | (22.3) | (30.0) | (25.0) | (14.9) | (12.9) | (7.1) |
| Shares Basic | 5.4 | 2.1 | 1.0 | 35.9 | 35.8 | 18.8 | - |
| Shares Diluted | 5.4 | 2.1 | 1.0 | 35.9 | 35.8 | 18.8 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.6 |
| 1.4 |
| 1.1 |
| 1.1 |
| - |
| 0.6 |
| 0.7 |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.7 |
| 3.1 |
| 4.1 |
| 2.8 |
| 3.4 |
| - |
| 2.7 |
| 2.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.2) |
| (4.1) |
| (2.8) |
| (2.8) |
| 2.1 |
| (2.7) |
| (2.8) |
| (2.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.2) |
| (4.1) |
| (2.8) |
| (2.8) |
| 2.1 |
| (2.7) |
| (2.8) |
| (2.4) |
| (2.1) |
| (3.2) |
| (4.1) |
| (2.8) |
| (2.8) |
| 2.1 |
| (2.7) |
| (2.8) |
| (2.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| 0.5 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.3 |
| (3.5) |
| (2.1) |
| (2.2) |
| (4.1) |
| (3.2) |
| (3.3) |
| 1.6 |
| (3.0) |
| (3.1) |
| (2.7) |
| (0.14) |
| (0.66) |
| - |
| - |
| - |
| - |
| - |
| 29.6 |
| 4.9 |
| - |
| - |
| - |
| - |
| - |
| 29.6 |
| 4.9 |
| - |
| - |
| - |
| - |
| - |
| (2.8) |
| (3.4) |
| - |
| (2.7) |
| (2.8) |
| - |