| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | 0.1 | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | - | 0.1 | 0.0 | 0.2 | 0.4 | 0.2 | 0.0 | - | 0.0 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 16.7 | 20.7 | 33.2 | 20.3 | 17.1 | 20.5 | 5.9 | 3.3 | 3.4 | 0.4 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (43.3) | (47.4) | (42.6) | (29.7) | (26.0) | (29.2) | (12.2) | (7.8) | (12.4) | (1.0) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | 0.1 | - | - |
| Interest Expense | - | 0.0 | 0.8 | 2.3 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | 0.0 | 0.0 |
| Net Income From Continuing Ops | (41.6) | (45.9) | (42.1) | |||||||
| Per Share | ||||||||||
| EPS Basic | (1.56) | (1.86) | (2.11) | (1.67) | (1.52) | (1.88) | - | - | - | - |
| EPS Diluted | (1.56) | (1.86) | (2.11) | (1.67) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | - | (47.3) | - | - | - | - | - | - | - | - |
| EBIT | (43.3) | (47.4) | (42.6) | (29.7) | (26.0) | |||||
| 0.2 |
| - |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 3.6 | 2.3 | 4.9 | 5.8 | 7.6 | 7.4 | 10.1 | 7.1 | 8.7 | 6.0 | 6.0 | 4.1 | 4.1 | 3.4 | 5.2 | 4.2 | 4.3 | 7.1 | 6.5 | 4.5 | 2.5 | 1.9 | 2.4 | 0.9 | 0.8 | 0.9 | 1.2 | 0.6 | 0.6 | 2.3 | 0.7 | 0.3 | 0.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | 2.2 | 3.1 | 2.5 | 2.3 | 2.3 | 2.1 | 2.2 | 2.8 | 2.3 | 2.4 | 2.6 | 2.3 | 2.3 | 2.3 | 2.4 | 2.2 | 2.3 | ||||||||||||||||
| Depreciation & Amortization | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | 0.1 | (0.0) | - | - | (0.1) | (0.1) | - | - | - | (0.4) | ||||||||||||||||
| Total Operating Expenses | 5.8 | 5.5 | 7.4 | 24.6 | 10.0 | 9.5 | 12.3 | 9.9 | 11.0 | 8.4 | 8.6 | 6.5 | 6.5 | 5.7 | 7.5 | 6.4 | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (5.8) | (5.5) | (7.4) | (24.6) | (9.9) | (9.5) | (12.3) | (9.9) | (11.0) | (8.4) | (8.5) | (6.4) | (6.4) | (5.6) | (7.4) | (6.4) | (6.5) | (9.0) | (9.0) | (6.6) | (4.5) | (3.2) | (4.8) | (2.1) | (2.1) | (2.3) | (3.1) | (0.4) | (1.9) | (1.9) | (1.5) | (6.2) | (2.8) |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - |
| Interest Expense | - | - | - | 0.3 | 0.0 | 0.0 | 0.1 | 0.3 | 0.4 | 0.5 | 0.6 | 0.6 | 0.6 | (523.9) | 525.0 | 0.5 | 0.4 | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | 0.4 | 0.2 | 1.0 | 0.1 | 0.2 | 0.2 | 0.2 | 0.1 | (0.0) | - | (0.0) | - | - | - | - | - | (0.4) | ||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (5.4) | (5.3) | (6.5) | (24.5) | (9.7) | (9.2) | (12.1) | (9.7) | (11.0) | (8.4) | (8.6) | (6.5) | (6.5) | (5.8) | (7.7) | (6.8) | (6.9) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (5.4) | (5.3) | (6.5) | (24.5) | (9.7) | (9.2) | (12.1) | (9.7) | (11.0) | (8.4) | (8.6) | (6.5) | (6.5) | (5.8) | (7.7) | (6.8) | (6.9) | ||||||||||||||||
| Net Income Attributable To Parent | (5.4) | (5.3) | (6.5) | (24.5) | (9.7) | (9.2) | (12.1) | (9.7) | (11.0) | (8.4) | (8.6) | (6.5) | (6.5) | (5.8) | (7.7) | (6.8) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (5.4) | (5.3) | (6.5) | (24.5) | (9.7) | (9.2) | (12.1) | (9.7) | (11.0) | (8.4) | (8.6) | (6.5) | (6.5) | (5.8) | (7.7) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.20) | - | (0.24) | (1.05) | (0.43) | - | (0.60) | (0.50) | (0.61) | - | (0.48) | (0.36) | (0.36) | - | (0.43) | (0.38) | (0.39) | - | (0.55) | (0.44) | (0.32) | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.20) | - | (0.24) | (1.05) | (0.43) | - | (0.60) | (0.50) | (0.61) | - | (0.48) | (0.36) | (0.36) | - | (0.43) | (0.38) | (0.39) | - | |||||||||||||||
| Shares Basic | 26.6 | - | 26.6 | 23.3 | 22.5 | - | 20.2 | 19.3 | 18.0 | - | 18.0 | 17.9 | 17.9 | - | 17.9 | 17.9 | 17.9 | - | |||||||||||||||
| Shares Diluted | 26.6 | - | 26.6 | 23.3 | 22.5 | - | 20.2 | 19.3 | 18.0 | - | 18.0 | 17.9 | 17.9 | - | 17.9 | 17.9 | 17.9 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (5.8) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (5.8) | (5.5) | (7.4) | (24.6) | (9.9) | (9.5) | (12.3) | (9.9) | (11.0) | (8.4) | (8.5) | (6.4) | (6.4) | (5.6) | (7.4) | (6.4) | (6.5) | (9.0) | (9.0) | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 10.1 | 10.3 | 9.5 | 9.6 | 9.3 | 8.8 | 6.3 | 6.0 | 9.1 | 0.5 |
| Depreciation & Amortization | - | 0.1 | - | - | - | - | - | - | - | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | (1.3) | (1.2) | 0.1 | - | - | - |
| Total Operating Expenses | 43.3 | 47.4 | 42.6 | 29.9 | 26.3 | 29.3 | 12.2 | 7.8 | 12.4 | 1.0 |
| 2.0 |
| 1.0 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.7 | 1.5 | 0.6 | (0.3) | (1.3) | (1.2) | 0.1 | 0.1 | - | 0.1 |
| Pre-Tax Income | - | 45.9 | 42.1 | 30.0 | - | - | - | - | - | - |
| (30.0) |
| (27.3) |
| (30.3) |
| (12.1) |
| (7.7) |
| (12.4) |
| (0.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (41.6) | (45.9) | (42.1) | (30.0) | (27.3) | (30.3) | (12.1) | (7.7) | (12.4) | (0.8) |
| Net Income Attributable To Parent | (41.6) | (45.9) | (42.1) | (30.0) | (27.3) | (30.3) | (12.1) | (7.7) | (12.4) | (0.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (41.6) | (45.9) | (42.1) | (30.0) | (27.3) | (30.3) | (12.1) | (7.7) | (12.4) | (0.8) |
| (1.52) |
| (1.88) |
| - |
| - |
| - |
| - |
| Shares Basic | 26.6 | 24.8 | 19.9 | 18.0 | 17.9 | 16.1 | - | - | - | - |
| Shares Diluted | 26.6 | 24.8 | 19.9 | 18.0 | 17.9 | 16.1 | - | - | - | - |
| (29.2) |
| (12.2) |
| (7.8) |
| (12.4) |
| (1.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.1 |
| 2.5 |
| 2.1 |
| 2.1 |
| 1.4 |
| 2.5 |
| 1.2 |
| 1.3 |
| 1.5 |
| 1.9 |
| 1.3 |
| 1.3 |
| (0.4) |
| 0.9 |
| 5.9 |
| 2.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.6 |
| 9.2 |
| 9.0 |
| 6.6 |
| 4.6 |
| 3.2 |
| 4.8 |
| 2.1 |
| 2.1 |
| 2.3 |
| 3.1 |
| 0.4 |
| 1.9 |
| 1.9 |
| 1.5 |
| 6.2 |
| 2.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.6) |
| (0.4) |
| (0.1) |
| (0.0) |
| 0.0 |
| 0.1 |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.7) |
| (9.5) |
| (6.7) |
| (4.6) |
| (3.2) |
| (4.7) |
| (2.1) |
| (2.1) |
| (2.3) |
| (3.1) |
| (0.4) |
| (1.9) |
| (1.9) |
| (1.5) |
| (6.2) |
| (2.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.7) |
| (9.5) |
| (6.7) |
| (4.6) |
| (3.2) |
| (4.7) |
| (2.1) |
| (2.1) |
| (2.3) |
| (3.1) |
| (0.4) |
| (1.9) |
| (1.9) |
| (1.5) |
| (6.2) |
| (2.8) |
| (6.9) |
| (9.7) |
| (9.5) |
| (6.7) |
| (4.6) |
| (3.2) |
| (4.7) |
| (2.1) |
| (2.1) |
| (2.3) |
| (3.1) |
| (0.4) |
| (1.9) |
| (1.9) |
| (1.5) |
| (6.2) |
| (2.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.8) |
| (6.9) |
| (9.7) |
| (9.5) |
| (6.7) |
| (4.6) |
| (3.2) |
| (4.7) |
| (2.1) |
| (2.1) |
| (2.3) |
| (3.1) |
| (0.4) |
| (1.9) |
| (1.9) |
| (1.5) |
| (6.2) |
| (2.8) |
| (0.55) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.3 |
| 15.0 |
| 14.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.6) |
| (4.5) |
| (3.2) |
| (4.8) |
| (2.1) |
| (2.1) |
| (2.3) |
| (3.1) |
| (0.4) |
| (1.9) |
| (1.9) |
| (1.5) |
| (6.2) |
| (2.8) |