| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | 3.9 | 5.3 | 3.4 | 2.7 | 2.1 | 2.3 | 3.6 | 3.6 | 3.3 | 2.7 | 2.3 | 3.4 | 2.6 | 1.4 | 2.3 | 1.5 | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 15.3 | 13.6 | 12.9 | 11.0 | 6.8 | 1.5 | 0.3 |
| Cost of Revenue | 7.5 | 6.8 | 7.0 | 6.3 | 5.9 | 2.7 | 0.8 |
| Gross Profit | 7.8 | 6.8 | 5.9 | 4.8 | 0.9 | (1.2) | (0.5) |
| Operating Expenses | |||||||
| Research & Development | 16.3 | 17.5 | 22.5 | 22.5 | 28.2 | 25.8 | 14.6 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (34.7) | (37.1) | (43.2) | (48.1) | (73.9) | (64.9) | (23.5) |
| Non-Operating | |||||||
| Interest Income | 1.0 | 1.0 | 2.5 | 3.8 | 0.8 | 0.0 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (34.8) | (35.6) | (40.7) | (44.2) | (73.2) | (64.9) | |
| Per Share | |||||||
| EPS Basic | (0.36) | (0.43) | (0.56) | (0.62) | (1.04) | (17.57) | - |
| EPS Diluted | (0.36) | (0.43) | (0.56) | (0.62) | (1.04) | (17.57) | - |
| Supplementary Data | |||||||
| EBITDA | (33.6) | (36.0) | (42.2) | (47.1) | (72.9) | (64.1) | (23.2) |
| EBIT | (34.7) | (37.1) | (43.2) | (48.1) | (73.9) | (64.9) | (23.5) |
| 1.5 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.3 |
| Cost of Revenue | 1.9 | 2.6 | 1.6 | 1.4 | 1.3 | 1.5 | 1.7 | 1.8 | 1.9 | 1.7 | 1.2 | 1.9 | 1.5 | 1.1 | 1.7 | 1.7 | 1.4 | 0.9 | 0.7 | 0.5 | 0.6 |
| Gross Profit | 2.0 | 2.7 | 1.8 | 1.3 | 0.9 | 0.8 | 1.9 | 1.8 | 1.4 | 1.0 | 1.1 | 1.4 | 1.2 | 0.3 | 0.7 | (0.2) | 0.1 | (0.5) | (0.3) | (0.1) | (0.3) |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 3.8 | 3.8 | 4.0 | 4.5 | 5.0 | 5.1 | 5.9 | 6.0 | 5.6 | 6.0 | 5.7 | 5.3 | 5.5 | 5.2 | 7.3 | 7.3 | 8.3 | 8.9 | 6.4 | 6.0 | 4.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | 2.6 | 2.5 | 2.6 | 2.5 | 2.5 | 2.4 | 2.5 | 2.3 | 2.0 | 2.5 | 2.5 | 2.5 | 2.5 | 2.9 | 3.4 | 3.8 | 4.2 | ||||
| General & Administrative | 4.1 | 4.0 | 4.2 | 3.9 | 4.2 | 4.1 | 4.5 | 4.4 | 4.4 | 4.2 | 4.6 | 5.3 | 6.2 | 5.8 | 3.2 | 12.0 | 11.4 | ||||
| Depreciation & Amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 10.5 | 10.4 | 10.8 | 10.9 | 11.8 | 11.6 | 12.9 | 12.6 | 12.0 | 12.7 | 12.9 | 13.1 | 14.2 | 13.9 | 14.0 | 23.0 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (8.6) | (7.7) | (8.9) | (9.6) | (10.9) | (10.8) | (11.0) | (10.8) | (10.7) | (11.6) | (11.8) | (11.7) | (13.0) | (13.6) | (13.3) | (23.2) | (23.8) | (26.1) | (16.4) | (14.6) | (7.8) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 0.3 | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.6 | 0.7 | 0.8 | 0.9 | 1.0 | 1.0 | 0.9 | 0.6 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | 0.1 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | 0.0 | 0.0 | 0.0 | 0.1 | (0.5) | (0.1) | 0.1 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | (0.1) | 0.0 | (0.0) | ||||
| Pre-Tax Income | (8.6) | (5.9) | (11.0) | (9.2) | (9.4) | (10.4) | (10.3) | (10.2) | (9.8) | (10.7) | (10.8) | (10.6) | (12.2) | (13.1) | (13.2) | (23.2) | |||||
| 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 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (8.6) | (5.9) | (11.0) | (9.2) | (9.4) | (10.4) | (10.3) | (10.2) | (9.8) | (10.7) | (10.8) | (10.6) | (12.2) | (13.1) | (13.2) | (23.2) | (23.8) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (8.6) | (5.9) | (11.0) | (9.2) | (9.4) | (10.4) | (10.3) | (10.2) | (9.8) | (10.7) | (10.8) | (10.6) | (12.2) | (13.1) | (13.2) | (23.2) | (23.8) | ||||
| Net Income Attributable To Parent | (8.6) | (5.9) | (11.0) | (9.2) | (9.4) | (10.4) | (10.3) | (10.2) | (9.8) | (10.7) | (10.8) | (10.6) | (12.2) | 15.9 | (13.2) | (23.2) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (8.6) | (5.9) | (11.0) | (9.2) | (9.4) | (10.4) | (10.3) | (10.2) | (9.8) | (10.7) | (10.8) | (10.6) | (12.2) | (13.1) | (13.2) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.09) | - | (0.14) | (0.12) | (0.12) | - | (0.14) | (0.14) | (0.14) | - | (0.15) | (0.15) | (0.17) | - | (0.19) | (0.33) | (0.34) | - | (8.66) | (8.80) | - |
| EPS Diluted | (0.09) | - | (0.14) | (0.12) | (0.12) | - | (0.14) | (0.14) | (0.14) | - | (0.15) | (0.15) | (0.17) | - | (0.19) | (0.33) | (0.34) | - | |||
| Shares Basic | 97.7 | - | 79.0 | 78.1 | 75.7 | - | 72.7 | 72.0 | 71.9 | - | 71.5 | 71.2 | 70.9 | - | 70.5 | 70.4 | 70.3 | - | |||
| Shares Diluted | 97.7 | - | 79.0 | 78.1 | 75.7 | - | 72.7 | 72.0 | 71.9 | - | 71.5 | 71.2 | 70.9 | - | 70.5 | 70.4 | 70.3 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (8.3) | (7.4) | (8.6) | (9.3) | (10.7) | (10.5) | (10.7) | (10.6) | (10.4) | (11.4) | (11.5) | (11.4) | (12.8) | (13.4) | (13.0) | (22.9) | (23.5) | (25.8) | (16.2) | (14.5) | (7.7) |
| EBIT | (8.6) | (7.7) | (8.9) | (9.6) | (10.9) | (10.8) | (11.0) | (10.8) | (10.7) | (11.6) | (11.8) | (11.7) | (13.0) | (13.6) | (13.3) | (23.2) | (23.8) | (26.1) | (16.4) | ||
| - |
| Selling & Marketing | 10.2 | 10.1 | 9.1 | 10.1 | 14.2 | 10.4 | 2.5 |
| General & Administrative | 16.2 | 16.3 | 17.5 | 20.3 | 32.4 | 27.5 | 5.9 |
| Depreciation & Amortization | 1.1 | 1.1 | 1.0 | 1.1 | 1.0 | 0.7 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 42.6 | 43.8 | 49.1 | 52.9 | 74.8 | 63.7 | 23.0 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.1 | (0.3) | 0.0 | 0.0 | (0.1) | (0.0) | (0.0) |
| Pre-Tax Income | (34.8) | (35.6) | (40.7) | (44.2) | (73.2) | (64.9) | (23.4) |
| (23.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (34.8) | (35.6) | (40.7) | (44.2) | (73.2) | (64.9) | (23.4) |
| Net Income Attributable To Parent | (34.8) | (35.6) | (40.7) | (44.2) | (44.2) | (64.9) | (23.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (34.8) | (35.6) | (40.7) | (44.2) | (73.2) | (64.9) | (23.4) |
| Shares Basic | 97.7 | 81.8 | 72.4 | 71.3 | 70.4 | 3.7 | - |
| Shares Diluted | 97.7 | 81.8 | 72.4 | 71.3 | 70.4 | 3.7 | - |
| - |
| - |
| - |
| - |
| - |
| 4.6 |
| 2.8 |
| 1.8 |
| 1.2 |
| 12.1 |
| 6.8 |
| 6.7 |
| 1.9 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.9 |
| 25.6 |
| 16.1 |
| 14.5 |
| 7.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| (23.8) |
| (26.1) |
| (16.4) |
| (14.6) |
| (7.8) |
| (26.1) |
| (16.4) |
| (14.6) |
| (7.8) |
| - |
| - |
| - |
| - |
| (26.1) |
| (16.4) |
| (14.6) |
| (7.8) |
| (23.8) |
| (26.1) |
| (16.4) |
| (14.6) |
| (7.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.2) |
| (23.8) |
| (26.1) |
| (16.4) |
| (14.6) |
| (7.8) |
| (8.66) |
| (8.80) |
| - |
| 1.9 |
| 1.7 |
| - |
| 1.9 |
| 1.7 |
| - |
| (14.6) |
| (7.8) |