| (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 | Q3 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||
| Revenues | 0.0 | 0.0 | 0.0 | 4.0 | 2.9 | 2.7 | 2.9 | 2.4 | 1.0 | 3.8 | 3.6 | 4.3 | 2.4 | - | - | - | ||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 4.0 | 6.9 | 9.0 | 14.0 | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 186.8 | 177.3 | 129.5 | 23.1 | 23.3 | 14.1 | 7.5 | 8.8 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (238.8) | (224.1) | (305.8) | (109.5) | (36.9) | (25.2) | (12.3) | (10.3) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (224.6) | (212.4) | (293.0) | (106.8) | (36.9) | |||
| Per Share | ||||||||
| EPS Basic | (1.99) | (2.43) | (5.00) | (5.38) | (3.09) | (2.14) | (5.26) | - |
| EPS Diluted | (1.99) | (2.43) | (5.00) | (5.38) | (3.09) | (2.14) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (221.6) | (304.2) | (109.1) | (36.5) | (24.4) | (11.5) | (9.7) |
| EBIT | (238.8) | (224.1) | (305.8) | (109.5) | (36.9) | (25.2) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||
| Research & Development | 46.4 | 50.8 | 49.2 | 40.5 | 36.9 | 47.9 | 37.2 | 29.1 | 15.4 | 9.6 | 3.8 | 5.7 | 3.9 | 4.3 | 5.2 | 5.7 | 8.1 | 4.4 | 4.5 | 3.2 | 2.0 | 1.8 | 1.6 | 1.9 | 2.1 | 2.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| General & Administrative | 13.0 | 12.1 | 10.9 | 10.0 | 10.7 | 10.4 | 9.5 | 7.0 | 6.0 | 8.0 | 4.4 | 4.3 | 2.9 | 3.5 | 3.3 | 3.2 | 3.6 | |||||||||
| Depreciation & Amortization | 0.6 | - | - | - | 0.6 | - | - | - | 0.2 | - | - | - | 0.1 | - | - | - | ||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Total Operating Expenses | 59.3 | 72.9 | 60.1 | 50.5 | 47.6 | 85.7 | 53.4 | 42.4 | 133.3 | 98.5 | 8.2 | 10.0 | 6.8 | 7.8 | 8.5 | 8.9 | ||||||||||
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | (59.3) | (72.9) | (60.1) | (46.5) | (44.6) | (83.0) | (50.5) | (40.0) | (132.3) | (94.7) | (4.6) | (5.8) | (4.5) | (7.8) | (8.5) | (8.9) | (11.7) | (7.8) | (7.7) | (5.7) | (3.9) | (4.1) | (2.8) | (2.7) | (2.7) | (2.7) |
| Non-Operating | ||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Tax & Net | ||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (53.8) | (69.9) | (57.5) | (43.4) | (41.6) | (80.2) | (47.1) | (36.1) | (129.5) | (92.6) | (4.3) | (5.6) | (4.3) | (7.8) | (8.5) | (8.9) | (11.7) | |||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income | (53.8) | (69.9) | (57.5) | (43.4) | (41.6) | (80.2) | (47.1) | (36.1) | (129.5) | (92.6) | (4.3) | (5.6) | (4.3) | (7.8) | (8.5) | (8.9) | (11.7) | |||||||||
| Net Income Attributable To Parent | (53.8) | (69.9) | (57.5) | (43.4) | (41.6) | (80.2) | (47.1) | (36.1) | (129.5) | (92.6) | (4.3) | (5.6) | (4.3) | (7.8) | (8.5) | (8.9) | ||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income To Common Shareholders | (53.8) | (69.9) | (57.5) | (43.4) | (41.6) | (80.2) | (47.1) | (36.1) | (129.5) | (92.6) | (4.3) | (5.6) | (4.3) | (7.8) | (9.2) | |||||||||||
| Per Share | ||||||||||||||||||||||||||
| EPS Basic | (0.48) | - | (0.65) | (0.50) | (0.52) | - | (0.78) | (0.60) | (2.51) | - | (0.36) | (0.46) | (0.35) | - | (0.75) | (0.74) | (0.96) | - | (0.65) | (0.46) | (0.37) | - | - | - | - | - |
| EPS Diluted | (0.48) | - | (0.65) | (0.50) | (0.52) | - | (0.78) | (0.60) | (2.51) | - | (0.36) | (0.46) | (0.35) | - | (0.75) | (0.74) | (0.96) | - | ||||||||
| Shares Basic | 113.1 | - | 88.0 | 87.0 | 79.4 | - | 60.2 | 59.9 | 51.5 | - | 12.2 | 12.2 | 12.2 | - | 12.1 | 12.1 | 12.1 | - | ||||||||
| Shares Diluted | 113.1 | - | 88.0 | 87.0 | 79.4 | - | 60.2 | 59.9 | 51.5 | - | 12.2 | 12.2 | 12.2 | - | 12.1 | 12.1 | 12.1 | - | ||||||||
| Supplementary Data | ||||||||||||||||||||||||||
| EBITDA | (58.7) | - | - | - | (44.0) | - | - | - | (132.1) | - | - | - | (4.4) | - | - | - | (11.5) | - | - | - | (3.7) | - | - | - | (2.5) | - |
| EBIT | (59.3) | (72.9) | (60.1) | (46.5) | (44.6) | (83.0) | (50.5) | (40.0) | (132.3) | (94.7) | (4.6) | (5.8) | (4.5) | (7.8) | (8.5) | (8.9) | (11.7) | (7.8) | (7.7) | |||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 46.0 | 43.8 | 33.0 | 19.7 | 13.6 | 11.1 | 4.8 | 1.5 |
| Depreciation & Amortization | - | 2.5 | 1.6 | 0.5 | 0.4 | 0.8 | 0.8 | 0.6 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 242.8 | 231.1 | 314.8 | 123.5 | 36.9 | 25.2 | 12.3 | 10.3 |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | 0.0 | 0.5 | (5.6) | - |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (24.7) |
| (17.8) |
| (10.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (224.6) | (212.4) | (293.0) | (106.8) | (36.9) | (24.7) | (17.8) | (10.4) |
| Net Income Attributable To Parent | (224.6) | (212.4) | (293.0) | (106.8) | (36.9) | (24.7) | (17.8) | (10.4) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (224.6) | (212.4) | (293.0) | (106.8) | (37.5) | (24.7) | (17.8) | (10.4) |
| (5.26) |
| - |
| Shares Basic | 113.1 | 87.4 | 58.6 | 19.8 | 12.1 | 11.5 | 3.4 | - |
| Shares Diluted | 113.1 | 87.4 | 58.6 | 19.8 | 12.1 | 11.5 | 3.4 | - |
| (12.3) |
| (10.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.5 |
| 3.2 |
| 2.5 |
| 1.9 |
| 2.2 |
| 1.2 |
| 0.8 |
| 0.5 |
| 0.5 |
| 0.1 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.7 |
| 7.8 |
| 7.7 |
| 5.7 |
| 3.9 |
| 4.1 |
| 2.8 |
| 2.7 |
| 2.7 |
| 2.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.9) |
| (7.7) |
| (5.2) |
| (3.9) |
| (4.1) |
| (8.4) |
| (2.7) |
| (2.7) |
| (2.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.9) |
| (7.7) |
| (5.2) |
| (3.9) |
| (4.1) |
| (8.4) |
| (2.7) |
| (2.7) |
| (2.7) |
| (11.7) |
| (7.9) |
| (7.7) |
| (5.2) |
| (3.9) |
| (4.1) |
| (8.4) |
| (2.7) |
| (2.7) |
| (2.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.9) |
| (11.7) |
| (7.9) |
| (7.7) |
| (5.2) |
| (3.9) |
| (4.1) |
| (8.4) |
| (2.7) |
| (2.7) |
| (2.7) |
| (0.65) |
| (0.46) |
| (0.37) |
| - |
| - |
| - |
| - |
| - |
| 11.9 |
| 11.5 |
| 10.6 |
| - |
| - |
| - |
| - |
| - |
| 11.9 |
| 11.5 |
| 10.6 |
| - |
| - |
| - |
| - |
| - |
| (5.7) |
| (3.9) |
| (4.1) |
| (2.8) |
| (2.7) |
| (2.7) |
| (2.7) |