| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||
| Revenues | 0.2 | - | 0.3 | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - | - | 0.0 | 0.0 | |||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | - | 0.8 | 0.1 | 0.0 | - | 14.0 | 2.0 | - | - | - | - |
| Cost of Revenue | - | 0.3 | 3.9 | 0.0 | - | 1.6 | 0.8 | - | - | - | - |
| Gross Profit | - | 0.5 | (3.9) | (0.0) | - | 12.4 | 1.2 | - | - | - | - |
| Operating Expenses | |||||||||||
| Research & Development | 1.5 | 1.9 | 14.5 | 13.0 | 13.4 | 14.9 | 13.4 | 14.1 | 11.1 | 3.8 | 3.0 |
| Selling General & Administrative | 19.3 | 17.2 | |||||||||
| Operating Income | |||||||||||
| Operating Income | (35.0) | (46.7) | (48.7) | (25.4) | (26.9) | (13.0) | (19.8) | (21.3) | (17.3) | (5.1) | (3.5) |
| Non-Operating | |||||||||||
| Interest Income | 0.4 | 0.2 | 0.3 | 0.7 | - | - | - | - | - | 0.0 | 0.0 |
| Interest Expense | 1.2 | 1.6 | 2.5 | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | - | (0.0) | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (33.0) | (45.3) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (3.80) | (9.40) | (59.81) | (53.15) | (0.83) | (0.49) | (0.94) | - | - | - | - |
| EPS Diluted | (3.18) | (9.40) | (59.81) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | - | - | (47.6) | (24.6) | (26.6) | (12.8) | (19.7) | (21.3) | (17.2) | (5.1) | (3.5) |
| EBIT | (35.0) | (46.7) | (48.7) | ||||||||
| 0.0 |
| 10.0 |
| 0.0 |
| 2.0 |
| 2.0 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | 0.0 | 3.1 | 0.1 | 0.5 | 0.2 | - | 0.0 | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 | 0.8 | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | 0.0 | (3.1) | (0.1) | (0.5) | (0.2) | - | (0.0) | - | - | - | 0.0 | 0.0 | 0.0 | 10.0 | 0.0 | 1.2 | 1.2 | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| Research & Development | 0.3 | 0.2 | 0.4 | 0.7 | 0.7 | 2.0 | 3.5 | 4.6 | 4.4 | 4.1 | 3.6 | 2.8 | 2.5 | 2.2 | 3.9 | 3.6 | 3.7 | 3.3 | 3.6 | 3.7 | 4.3 | 3.4 | 3.4 | 2.9 | 3.6 | 3.3 | 3.2 | 3.6 | 4.0 | 4.1 | 2.5 | 2.4 | 2.1 | 1.6 | 0.6 | 0.8 | 0.9 |
| Selling General & Administrative | 4.5 | 4.5 | 2.6 | 7.7 | 2.4 | - | 3.7 | 3.8 | - | - | 2.9 | - | - | - | - | - | |||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| General & Administrative | - | - | - | - | 2.4 | - | - | 3.8 | 3.6 | 3.4 | 2.9 | 3.1 | 2.9 | 3.2 | 3.4 | 3.5 | 3.5 | ||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | 0.2 | - | - | - | 0.1 | - | - | - | 0.1 | ||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Total Operating Expenses | (8.5) | 40.0 | (4.1) | 8.4 | 3.0 | 16.4 | 7.2 | 11.2 | 10.1 | 7.5 | 6.5 | 6.0 | 5.5 | 5.4 | 7.2 | 7.1 | |||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | 8.7 | (39.8) | 4.4 | (8.4) | (3.0) | (19.5) | (7.3) | (11.7) | (10.3) | (7.5) | (6.5) | (6.0) | (5.5) | (5.4) | (7.2) | (7.1) | (7.2) | 3.1 | (5.9) | (4.8) | (5.4) | (4.2) | (5.1) | (5.0) | (5.5) | (5.3) | (4.7) | (5.4) | (6.0) | (6.2) | (4.3) | (3.3) | (3.4) | (2.2) | (0.9) | (1.0) | (1.1) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||
| Interest Income | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | - | 0.2 | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 |
| Interest Expense | 0.2 | 0.2 | 0.2 | 0.5 | 0.6 | 0.5 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.5 | 0.9 | 0.2 | 0.2 | 0.1 | 0.2 | |||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Non-Operating Income | 0.1 | (0.0) | 2.2 | (0.3) | (0.5) | (0.5) | (0.6) | 0.6 | (0.7) | (0.5) | (0.8) | (0.3) | (0.3) | (1.0) | (0.1) | 0.0 | (0.0) | ||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | 8.8 | (39.8) | 6.6 | (8.7) | (3.5) | (20.0) | (7.9) | (11.1) | (10.9) | (8.0) | (7.3) | (6.2) | (5.7) | (6.1) | (7.3) | (7.2) | (7.3) | ||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income | 8.8 | (39.8) | 6.6 | (8.7) | (3.5) | (20.0) | (7.9) | (11.1) | (10.9) | (8.0) | (7.3) | (6.2) | (5.7) | (6.1) | (7.3) | (7.2) | (7.3) | ||||||||||||||||||||
| Net Income Attributable To Parent | 8.8 | (39.8) | 6.6 | (8.7) | (3.5) | (20.0) | (7.9) | (11.1) | (10.9) | (8.0) | (7.3) | (6.2) | (5.7) | (6.1) | (7.3) | (7.2) | |||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Less: Preferred Dividends | 0.8 | - | 0.8 | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income To Common Shareholders | 3.2 | (36.3) | 1.6 | (8.8) | (3.5) | (20.0) | (7.9) | (11.1) | (10.9) | (8.0) | (7.3) | (6.2) | (5.7) | (6.1) | (7.3) | ||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||
| EPS Basic | 0.30 | - | 0.26 | (2.50) | (1.59) | - | (9.07) | (16.65) | (18.75) | - | (0.18) | (0.16) | (0.15) | - | (0.21) | (0.22) | (0.24) | - | (0.21) | (0.19) | (0.21) | - | (0.23) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | 0.26 | - | 0.05 | (2.50) | (1.59) | - | (9.07) | (16.65) | (18.75) | - | (0.18) | (0.16) | (0.15) | - | (0.21) | (0.22) | (0.24) | - | |||||||||||||||||||
| Shares Basic | 10.6 | - | 6.0 | 3.5 | 2.2 | - | 0.9 | 0.7 | 0.6 | - | 40.1 | 38.1 | 37.4 | - | 34.6 | 33.6 | 30.0 | - | |||||||||||||||||||
| Shares Diluted | 12.7 | - | 29.0 | 3.5 | 2.2 | - | 0.9 | 0.7 | 0.6 | - | 40.1 | 38.1 | 37.4 | - | 34.6 | 33.6 | 30.0 | - | |||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | (10.0) | - | - | - | (5.4) | - | - | - | (7.1) | - | - | - | (5.3) | - | - | - | (5.4) | - | - | - | (5.9) | - | - | - | (3.4) | - | - | - | (1.1) |
| EBIT | 8.7 | (39.8) | 4.4 | (8.4) | (3.0) | (19.5) | (7.3) | (11.7) | (10.3) | (7.5) | (6.5) | (6.0) | (5.5) | (5.4) | (7.2) | (7.1) | (7.2) | 3.1 | (5.9) | ||||||||||||||||||
| 14.3 |
| 12.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | 12.4 | 13.5 | 10.6 | 7.6 | 7.2 | 6.1 | 1.3 | 0.6 |
| Depreciation & Amortization | - | - | 1.1 | 0.8 | 0.3 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 35.7 | 47.2 | 44.9 | 25.4 | 26.9 | 25.4 | 21.0 | 21.3 | 17.3 | 5.1 | 3.5 |
| 2.4 |
| 1.4 |
| 0.4 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.0 | 1.4 | (1.1) | (1.9) | (1.1) | 0.2 | - | - | - | - | - |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - |
| (49.8) |
| (27.3) |
| (28.0) |
| (12.8) |
| (19.8) |
| (21.2) |
| (17.3) |
| (5.1) |
| (3.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (33.0) | (45.3) | (49.8) | (27.3) | (28.0) | (12.8) | (19.8) | (21.2) | (17.3) | (5.1) | (3.5) |
| Net Income Attributable To Parent | (33.0) | (45.3) | (49.8) | (27.3) | (28.0) | (12.8) | (19.8) | (21.2) | (17.3) | (5.1) | (3.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | 1.7 | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (40.3) | (47.0) | (49.8) | (27.3) | (28.0) | (12.8) | (19.8) | (21.2) | (17.3) | (5.1) | (3.5) |
| (53.15) |
| (0.83) |
| (0.49) |
| (0.94) |
| - |
| - |
| - |
| - |
| Shares Basic | 10.6 | 5.0 | 0.8 | 0.5 | 33.6 | 26.3 | 21.1 | - | - | - | - |
| Shares Diluted | 12.7 | 5.0 | 0.8 | 0.5 | 33.6 | 26.3 | 21.1 | - | - | - | - |
| (25.4) |
| (26.9) |
| (13.0) |
| (19.8) |
| (21.3) |
| (17.3) |
| (5.1) |
| (3.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.7 |
| 2.4 |
| 2.3 |
| 2.2 |
| 2.0 |
| 1.7 |
| 2.1 |
| 1.8 |
| 2.0 |
| 1.5 |
| 1.8 |
| 1.9 |
| 2.1 |
| 1.8 |
| 0.9 |
| 1.3 |
| 0.6 |
| 0.3 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.2 |
| 6.9 |
| 5.9 |
| 6.0 |
| 6.6 |
| 5.4 |
| 5.1 |
| 5.0 |
| 5.5 |
| 5.3 |
| 4.7 |
| 5.4 |
| 6.0 |
| 6.2 |
| 4.3 |
| 3.3 |
| 3.4 |
| 2.2 |
| 0.9 |
| 1.0 |
| 1.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.0 |
| (5.6) |
| (4.8) |
| (5.4) |
| (4.2) |
| (5.1) |
| (5.0) |
| (5.5) |
| (5.2) |
| (4.6) |
| (5.3) |
| (5.9) |
| (6.2) |
| (4.3) |
| (3.3) |
| (3.4) |
| (2.2) |
| (0.9) |
| (1.0) |
| (1.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.0 |
| (5.6) |
| (4.8) |
| (5.4) |
| (4.2) |
| (5.1) |
| (5.0) |
| (5.5) |
| (5.2) |
| (4.6) |
| (5.3) |
| (5.9) |
| (6.2) |
| (4.3) |
| (3.3) |
| (3.4) |
| (2.2) |
| (0.9) |
| (1.0) |
| (1.1) |
| (7.3) |
| 3.0 |
| (5.6) |
| (4.8) |
| (5.4) |
| (4.2) |
| (5.1) |
| (5.0) |
| (5.5) |
| (5.2) |
| (4.6) |
| (5.3) |
| (5.9) |
| (6.2) |
| (4.3) |
| (3.3) |
| (3.4) |
| (2.2) |
| (0.9) |
| (1.0) |
| (1.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.2) |
| (7.3) |
| 3.0 |
| (5.6) |
| (4.8) |
| (5.4) |
| (4.2) |
| (5.1) |
| (5.0) |
| (5.5) |
| (5.2) |
| (4.6) |
| (5.3) |
| (5.9) |
| (6.2) |
| (4.3) |
| (3.3) |
| (3.4) |
| (2.2) |
| (0.9) |
| (1.0) |
| (1.1) |
| (0.21) |
| (0.19) |
| (0.21) |
| - |
| (0.23) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.1 |
| 25.9 |
| 25.3 |
| - |
| 22.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.1 |
| 25.9 |
| 25.3 |
| - |
| 22.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.8) |
| (5.4) |
| (4.2) |
| (5.1) |
| (5.0) |
| (5.5) |
| (5.3) |
| (4.7) |
| (5.4) |
| (6.0) |
| (6.2) |
| (4.3) |
| (3.3) |
| (3.4) |
| (2.2) |
| (0.9) |
| (1.0) |
| (1.1) |