| (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 | 0.0 | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | 0.0 | 0.3 | 0.1 | 3.1 | 0.7 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 30.1 | 29.8 | 17.2 | 13.6 | 12.0 | 11.4 | 0.9 |
| Selling General & Administrative | 25.7 | 23.6 | 11.4 | 6.7 | 6.2 | ||
| Operating Income | |||||||
| Operating Income | (55.2) | (52.0) | (28.6) | (20.1) | (18.1) | (14.8) | (2.8) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | 0.0 | 0.0 |
| Tax & Net | |||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (51.0) | (48.3) | (27.5) | (19.0) | (18.1) | (14.8) | |
| Per Share | |||||||
| EPS Basic | (0.30) | (0.49) | (1.16) | (3.16) | (4.28) | (0.81) | - |
| EPS Diluted | (0.30) | (0.49) | (1.16) | (3.16) | (4.28) | (0.81) | - |
| Supplementary Data | |||||||
| EBITDA | (55.2) | (51.9) | (28.6) | (19.9) | (18.1) | (14.8) | - |
| EBIT | (55.2) | (52.0) | (28.6) | (20.1) | (18.1) | (14.8) | (2.8) |
| 0.0 |
| 0.0 |
| 0.3 |
| 1.4 |
| 1.4 |
| 0.2 |
| 0.0 |
| 0.2 |
| 0.3 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 10.8 | 6.4 | 7.6 | 5.3 | 10.5 | 7.2 | 4.2 | 3.1 | 2.8 | 3.0 | 3.2 | 4.5 | 2.9 | 3.1 | 3.0 | 3.0 | 3.0 | 3.4 | 3.2 | 2.4 | 2.4 | 0.2 | 0.1 | 0.3 | 0.3 |
| Selling General & Administrative | 7.4 | 6.8 | 5.6 | 5.9 | 5.2 | 5.7 | 1.6 | 2.0 | 2.0 | 1.4 | 1.6 | 1.8 | 1.9 | 1.3 | 1.5 | 1.7 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 17.8 | 13.8 | 12.8 | 10.8 | 14.6 | 12.9 | 5.8 | 5.1 | 4.8 | 4.4 | 4.8 | 6.3 | 4.8 | 4.4 | 4.5 | 4.6 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (17.8) | (13.8) | (12.8) | (10.8) | (14.6) | (12.9) | (5.8) | (5.1) | (4.8) | (4.4) | (4.8) | (6.2) | (4.7) | (4.3) | (4.5) | (4.6) | (4.6) | (5.0) | (4.5) | (2.6) | (2.6) | (1.2) | (0.7) | (0.4) | (0.5) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | 0.0 | 0.0 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| 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 | (16.4) | (12.7) | (11.9) | (9.9) | (13.7) | (12.1) | (5.8) | (5.0) | (4.6) | (4.2) | (4.6) | (5.8) | (4.5) | (4.3) | (4.5) | (4.6) | (4.6) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (16.4) | (12.7) | (11.9) | (9.9) | (13.7) | (12.1) | (5.8) | (5.0) | (4.6) | (4.2) | (4.6) | (5.8) | (4.5) | (4.3) | (4.5) | (4.6) | (4.6) | ||||||||
| Net Income Attributable To Parent | (16.4) | (12.7) | (11.9) | (9.9) | (13.7) | (12.1) | (5.8) | (5.0) | (4.6) | (4.2) | (4.6) | (5.8) | (4.5) | (4.3) | (4.5) | (4.6) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (16.4) | (12.7) | (11.9) | (9.9) | (13.7) | (12.1) | (5.8) | (5.0) | (4.6) | (4.2) | (4.6) | (5.8) | (4.5) | (4.3) | (4.5) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.10) | - | (0.13) | (0.11) | (0.15) | - | (0.65) | (0.66) | (0.73) | - | (0.86) | (1.11) | (0.98) | - | (1.06) | (1.10) | (0.18) | - | (0.18) | (0.22) | - | - | - | - | - |
| EPS Diluted | (0.10) | - | (0.13) | (0.11) | (0.15) | - | (0.65) | (0.66) | (0.73) | - | (0.86) | (1.11) | (0.98) | - | (1.06) | (1.10) | (0.18) | - | |||||||
| Shares Basic | 172.3 | - | 90.1 | 90.0 | 89.5 | - | 8.9 | 7.5 | 6.3 | - | 5.3 | 5.2 | 4.6 | - | 4.2 | 4.2 | 25.2 | - | |||||||
| Shares Diluted | 172.3 | - | 90.1 | 90.0 | 89.5 | - | 8.9 | 7.5 | 6.3 | - | 5.3 | 5.2 | 4.6 | - | 4.2 | 4.2 | 25.2 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (17.8) | (13.8) | (12.7) | (10.8) | (14.6) | (12.9) | (5.8) | (5.0) | (4.8) | (4.4) | (4.8) | (6.0) | (4.7) | (4.3) | (4.5) | (4.6) | (4.6) | - | - | - | - | - | - | - | - |
| EBIT | (17.8) | (13.8) | (12.8) | (10.8) | (14.6) | (12.9) | (5.8) | (5.1) | (4.8) | (4.4) | (4.8) | (6.2) | (4.7) | (4.3) | (4.5) | (4.6) | (4.6) | (5.0) | (4.5) | ||||||
| 6.5 |
| 2.6 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | 0.0 | 0.1 | 0.0 | 0.2 | 0.0 | 0.0 | - |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 55.2 | 52.0 | 28.6 | 20.4 | 18.3 | 17.9 | 3.5 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - |
| Pre-Tax Income | - | (0.0) | (0.0) | - | - | - | - |
| (2.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (51.0) | (48.3) | (27.5) | (19.0) | (18.1) | (14.8) | (2.8) |
| Net Income Attributable To Parent | (51.0) | (48.3) | (27.5) | (19.0) | (18.1) | (14.8) | (2.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (51.0) | (48.3) | (27.5) | (19.0) | (18.1) | (14.8) | (2.8) |
| Shares Basic | 172.3 | 98.3 | 23.7 | 6.0 | 4.2 | 18.2 | - |
| Shares Diluted | 172.3 | 98.3 | 23.7 | 6.0 | 4.2 | 18.2 | - |
| 1.7 |
| 1.7 |
| 1.6 |
| 1.6 |
| 1.6 |
| 1.1 |
| 0.6 |
| 0.4 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.7 |
| 5.0 |
| 4.8 |
| 4.0 |
| 4.0 |
| 1.4 |
| 0.7 |
| 0.6 |
| 0.8 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.0) |
| (4.5) |
| (2.6) |
| (2.6) |
| (1.2) |
| (0.7) |
| (0.4) |
| (0.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.0) |
| (4.5) |
| (2.6) |
| (2.6) |
| (1.2) |
| (0.7) |
| (0.4) |
| (0.5) |
| (4.6) |
| (5.0) |
| (4.5) |
| (2.6) |
| (2.6) |
| (1.2) |
| (0.7) |
| (0.4) |
| (0.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.6) |
| (4.6) |
| (5.0) |
| (4.5) |
| (2.6) |
| (2.6) |
| (1.2) |
| (0.7) |
| (0.4) |
| (0.5) |
| (0.18) |
| (0.22) |
| - |
| - |
| - |
| - |
| - |
| 25.1 |
| 12.2 |
| - |
| - |
| - |
| - |
| - |
| 25.1 |
| 12.2 |
| - |
| - |
| - |
| - |
| - |
| (2.6) |
| (2.6) |
| (1.2) |
| (0.7) |
| (0.4) |
| (0.5) |