| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 39.9 | 44.8 | 56.4 | 41.8 | 53.8 | 35.3 | 16.6 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (56.0) | (60.7) | (73.6) | (40.5) | (56.1) | (50.1) | (22.4) |
| Non-Operating | |||||||
| Interest Income | 2.5 | 3.1 | 6.7 | 7.4 | 1.9 | - | - |
| Interest Expense | 5.4 | 5.3 | 4.7 | 3.1 | 0.0 | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | - | - | - | - | - |
| Net Income From Continuing Ops | (56.3) | (60.8) | (70.5) | (37.4) | (53.8) | (50.0) | |
| Per Share | |||||||
| EPS Basic | (1.16) | (1.32) | (1.63) | (1.05) | (1.86) | (10.94) | (28.08) |
| EPS Diluted | (1.14) | (1.33) | (1.63) | (1.05) | (1.86) | (10.94) | (28.08) |
| Supplementary Data | |||||||
| EBITDA | - | (59.0) | (71.8) | (38.7) | (55.0) | (49.9) | (22.3) |
| EBIT | (56.0) | (60.7) | (73.6) | (40.5) | (56.1) | (50.1) | (22.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 8.2 | 6.9 | 11.6 | 13.1 | 13.1 | 15.7 | 12.5 | 15.3 | 12.9 | 9.6 | 10.8 | 9.6 | 11.7 | 15.9 | 13.1 | 13.9 | 10.9 | 13.4 | 9.8 | 7.3 | 4.8 | 5.3 | 4.8 | 3.8 | 2.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 5.1 | 2.5 | 4.1 | 4.4 | 4.9 | 4.6 | 4.6 | 4.8 | 5.0 | 4.8 | 4.3 | 4.6 | 5.0 | 4.6 | 4.4 | 5.2 | 4.4 | ||||||||
| Depreciation & Amortization | 0.4 | - | - | - | 0.4 | - | - | - | 0.5 | - | - | - | 0.4 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 13.3 | 9.4 | 15.7 | 17.5 | 18.0 | 20.3 | 17.1 | 20.1 | 17.9 | 14.5 | 15.1 | 14.1 | 16.7 | 20.5 | 17.5 | 19.1 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (13.3) | (9.4) | (15.7) | (17.5) | (18.0) | (20.3) | (17.1) | (19.0) | (17.2) | (13.0) | (9.3) | (6.1) | (12.2) | (13.2) | (12.5) | (15.0) | (15.4) | (17.9) | (13.8) | (11.0) | (7.5) | (7.4) | (6.1) | (5.1) | (3.9) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.4 | 0.6 | 0.7 | 0.9 | 1.0 | 1.3 | 1.6 | 1.8 | 2.0 | 2.0 | 2.0 | 1.9 | 1.5 | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 1.4 | 1.4 | 1.3 | 1.3 | 1.3 | 1.3 | 1.2 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 0.2 | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.3) | 1.0 | (0.6) | (0.4) | (0.1) | (0.1) | 0.5 | 1.7 | 1.0 | 1.0 | 1.0 | 1.0 | 0.2 | 1.2 | 0.6 | 0.4 | 0.0 | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (13.5) | (8.4) | (16.4) | (18.0) | (18.1) | (20.4) | (16.7) | (17.2) | (16.2) | (12.0) | (8.3) | (5.1) | (12.0) | (11.9) | (11.9) | (14.6) | (15.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (13.5) | (8.4) | (16.4) | (18.0) | (18.1) | (20.4) | (16.7) | (17.2) | (16.2) | (12.0) | (8.3) | (5.1) | (12.0) | (11.9) | (11.9) | (14.6) | (15.3) | ||||||||
| Net Income Attributable To Parent | (13.5) | (8.4) | (16.4) | (18.0) | (18.1) | (20.4) | (16.7) | (17.2) | (16.2) | (12.0) | (8.3) | (5.1) | (12.0) | (11.9) | (11.9) | (14.6) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (13.5) | (8.4) | (16.4) | (18.0) | (18.1) | (20.4) | (16.7) | (17.2) | (16.2) | (12.0) | (8.3) | (5.1) | (12.0) | (11.9) | (11.9) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.28) | - | (0.36) | (0.40) | (0.40) | - | (0.38) | (0.40) | (0.39) | - | (0.23) | (0.14) | (0.34) | - | (0.40) | (0.53) | (0.56) | - | (0.51) | (3.82) | (83.36) | - | (6.61) | 2.35 | (4.58) |
| EPS Diluted | (0.28) | - | (0.36) | (0.40) | (0.40) | - | (0.38) | (0.43) | (0.39) | - | (0.23) | (0.14) | (0.34) | - | (0.40) | (0.53) | (0.56) | - | |||||||
| Shares Basic | 48.6 | - | 45.8 | 45.0 | 44.8 | - | 43.7 | 43.5 | 41.6 | - | 35.7 | 35.6 | 34.8 | - | 29.8 | 27.5 | 27.4 | - | |||||||
| Shares Diluted | 49.4 | - | 45.8 | 45.0 | 44.8 | - | 43.7 | 44.0 | 41.6 | - | 35.7 | 35.6 | 34.8 | - | 29.8 | 27.5 | 27.4 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (12.9) | - | - | - | (17.6) | - | - | - | (16.7) | - | - | - | (11.8) | - | - | - | (15.3) | - | - | - | (7.4) | - | - | - | (3.9) |
| EBIT | (13.3) | (9.4) | (15.7) | (17.5) | (18.0) | (20.3) | (17.1) | (19.0) | (17.2) | (13.0) | (9.3) | (6.1) | (12.2) | (13.2) | (12.5) | (15.0) | (15.4) | (17.9) | (13.8) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 16.1 | 15.8 | 19.0 | 18.7 | 18.7 | 14.8 | 5.8 |
| Depreciation & Amortization | - | 1.6 | 1.8 | 1.8 | 1.1 | 0.2 | 0.2 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 56.0 | 60.7 | 75.5 | 60.4 | 72.5 | 50.1 | 22.4 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.3) | (0.1) | 3.1 | 3.1 | 2.2 | 0.1 | 7.4 |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (15.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (56.3) | (60.8) | (70.5) | (37.4) | (53.8) | (50.0) | (15.0) |
| Net Income Attributable To Parent | (56.3) | (60.8) | (70.5) | (37.4) | (53.8) | (50.0) | (15.0) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (56.3) | (60.8) | (70.5) | (37.4) | (53.8) | (201.9) | (28.2) |
| Shares Basic | 48.6 | 46.0 | 43.3 | 35.6 | 28.9 | 18.5 | 1.0 |
| Shares Diluted | 49.4 | 46.8 | 43.9 | 35.6 | 28.9 | 18.5 | 1.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.5 |
| 4.0 |
| 3.7 |
| 2.6 |
| 2.1 |
| 1.2 |
| 1.3 |
| 1.1 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.4 |
| 17.9 |
| 13.8 |
| 11.0 |
| 7.5 |
| 7.4 |
| 6.1 |
| 5.1 |
| 3.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.0) |
| (0.0) |
| 7.3 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.9) |
| (13.8) |
| (10.9) |
| (7.4) |
| (7.4) |
| (6.1) |
| 2.3 |
| (3.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.9) |
| (13.8) |
| (10.9) |
| (7.4) |
| (7.4) |
| (6.1) |
| 2.3 |
| (3.8) |
| (15.3) |
| (17.9) |
| (13.8) |
| (10.9) |
| (7.4) |
| (7.4) |
| (6.1) |
| 2.3 |
| (3.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.6) |
| (15.3) |
| (17.9) |
| (13.8) |
| (67.8) |
| (102.5) |
| (20.5) |
| (6.1) |
| 2.2 |
| (3.8) |
| (0.51) |
| (3.82) |
| (83.36) |
| - |
| (6.61) |
| 0.22 |
| (4.58) |
| 27.2 |
| 17.8 |
| 1.2 |
| - |
| 0.9 |
| 0.9 |
| 0.8 |
| 27.2 |
| 17.8 |
| 1.2 |
| - |
| 0.9 |
| 10.3 |
| 0.8 |
| (11.0) |
| (7.5) |
| (7.4) |
| (6.1) |
| (5.1) |
| (3.9) |