| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 188.8 | 170.6 | 96.7 | 69.3 | 33.4 | 25.2 | 28.2 |
| Selling General & Administrative | 76.8 | 65.4 | 33.0 | 21.9 | - | ||
| Operating Income | |||||||
| Operating Income | (265.6) | (236.0) | (129.7) | (91.1) | (47.5) | (30.9) | (34.0) |
| Non-Operating | |||||||
| Interest Income | 27.8 | 27.8 | 21.3 | 14.8 | 0.7 | 0.0 | 0.0 |
| Interest Expense | 3.6 | 3.6 | 0.6 | 0.0 | - | 2.2 | 6.8 |
| Tax & Net | |||||||
| Income Tax Expense | 0.3 | 0.4 | 0.4 | 0.1 | 0.0 | - | - |
| Net Income From Continuing Ops | (241.6) | (212.2) | (109.4) | (76.4) | (46.8) | (36.0) | |
| Per Share | |||||||
| EPS Basic | (6.28) | (6.01) | (3.96) | (3.42) | (45.05) | (40.95) | - |
| EPS Diluted | (6.28) | (6.01) | (3.96) | (3.42) | (45.05) | (40.95) | - |
| Supplementary Data | |||||||
| EBITDA | - | (235.7) | (129.6) | (91.0) | (47.4) | (30.9) | (33.7) |
| EBIT | (265.6) | (236.0) | (129.7) | (91.1) | (47.5) | (30.9) | (34.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 45.9 | 46.2 | 50.3 | 46.3 | 27.8 | 24.8 | 24.7 | 23.5 | 23.7 | 22.6 | 14.4 | 12.1 | 20.2 | 10.0 | 7.9 | 7.7 | 7.8 | (10.9) | 13.5 | 10.8 | 11.8 | 7.7 | 6.7 | 5.5 | 8.2 |
| Selling General & Administrative | 23.6 | 20.7 | 17.4 | 15.1 | 12.2 | 9.8 | 8.2 | 7.4 | 7.8 | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | 8.2 | 7.4 | 7.8 | 7.1 | 4.5 | 5.2 | 4.9 | 5.0 | 2.6 | 4.3 | 2.1 | ||||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 69.5 | 67.0 | 67.7 | 61.4 | 39.9 | 34.6 | 32.9 | 30.9 | 31.5 | 29.7 | 19.0 | 17.3 | 25.1 | 15.0 | 10.5 | 12.0 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (69.5) | (67.0) | (67.7) | (61.4) | (39.9) | (34.6) | (32.9) | (30.9) | (31.5) | (29.7) | (19.0) | (17.3) | (25.1) | (15.0) | (10.5) | (12.0) | (10.0) | 20.3 | (18.5) | (16.3) | (16.5) | (9.8) | (7.9) | (6.7) | (9.6) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 6.9 | 7.4 | 6.4 | 7.1 | 6.9 | 5.8 | 6.4 | 4.6 | 4.5 | 4.7 | 4.8 | 2.9 | 2.4 | 0.4 | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | 0.0 |
| Interest Expense | 0.8 | 0.9 | 0.9 | 0.9 | 0.9 | 0.6 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | 0.0 | 0.0 | 0.1 | 0.1 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 6.1 | 6.5 | 5.5 | 6.2 | 6.0 | 5.3 | 6.4 | 4.6 | 4.5 | 6.2 | 4.9 | 1.4 | 2.4 | 3.8 | (5.7) | 2.4 | 0.1 | ||||||||
| Pre-Tax Income | (63.5) | (60.4) | (62.2) | (55.2) | (34.0) | (29.3) | (26.5) | (26.3) | (26.9) | (23.5) | (14.1) | (15.9) | (22.8) | (11.2) | (16.2) | (9.6) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (63.5) | (60.5) | (62.3) | (55.2) | (34.1) | (29.5) | (26.6) | (26.4) | (26.9) | (23.6) | (14.1) | (15.9) | (22.8) | (11.2) | (16.2) | (9.6) | (9.9) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (63.5) | (60.5) | (62.3) | (55.2) | (34.1) | (29.5) | (26.6) | (26.4) | (26.9) | (23.6) | (14.1) | (15.9) | (22.8) | (11.2) | (16.2) | (9.6) | (9.9) | ||||||||
| Net Income Attributable To Parent | (63.5) | (60.5) | (62.3) | (55.2) | (34.1) | (29.5) | (26.6) | (26.4) | (26.9) | (23.6) | (14.1) | (15.9) | (22.8) | (11.2) | (16.2) | (9.6) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (63.5) | (60.5) | (62.3) | (55.2) | (34.1) | (29.5) | (26.6) | (26.4) | (26.9) | (23.6) | (14.1) | (15.9) | (22.8) | (11.2) | (16.2) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (1.65) | - | (1.77) | (1.58) | (1.02) | - | (0.89) | (1.03) | (1.09) | - | (0.58) | (0.74) | (1.20) | - | (16.82) | (10.14) | (10.67) | - | (0.43) | (0.38) | - | - | - | - | - |
| EPS Diluted | (1.65) | - | (1.77) | (1.58) | (1.02) | - | (0.89) | (1.03) | (1.09) | - | (0.58) | (0.74) | (1.20) | - | (16.82) | (10.14) | (10.67) | - | |||||||
| Shares Basic | 38.5 | - | 35.2 | 35.0 | 33.3 | - | 29.9 | 25.6 | 24.8 | - | 24.3 | 21.5 | 19.0 | - | 1.0 | 0.9 | 0.9 | - | |||||||
| Shares Diluted | 38.5 | - | 35.2 | 35.0 | 33.3 | - | 29.9 | 25.6 | 24.8 | - | 24.3 | 21.5 | 19.0 | - | 1.0 | 0.9 | 0.9 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (69.4) | - | - | - | (39.9) | - | - | - | (31.4) | - | - | - | (25.1) | - | - | - | (9.9) | - | - | - | (16.4) | - | - | - | (9.6) |
| EBIT | (69.5) | (67.0) | (67.7) | (61.4) | (39.9) | (34.6) | (32.9) | (30.9) | (31.5) | (29.7) | (19.0) | (17.3) | (25.1) | (15.0) | (10.5) | (12.0) | (10.0) | 20.3 | (18.5) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | 21.9 | 14.0 | 5.8 | 5.9 |
| Depreciation & Amortization | - | 0.3 | 0.2 | 0.1 | 0.1 | 0.0 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 265.6 | 236.0 | 129.7 | 91.1 | 47.5 | 30.9 | 34.0 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 24.3 | 24.2 | 20.7 | 14.8 | 0.6 | (5.0) | - |
| Pre-Tax Income | (241.3) | (211.8) | (109.0) | (76.3) | (46.8) | - | - |
| (40.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (241.6) | (212.2) | (109.4) | (76.4) | (46.8) | (36.0) | (40.8) |
| Net Income Attributable To Parent | (241.6) | (212.2) | (109.4) | (76.4) | (46.8) | (36.0) | (40.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | 0.0 | - |
| Net Income To Common Shareholders | (241.6) | (212.2) | (109.4) | (76.4) | (46.8) | (36.0) | (40.8) |
| Shares Basic | 38.5 | 35.3 | 27.6 | 22.3 | 1.0 | 0.9 | - |
| Shares Diluted | 38.5 | 35.3 | 27.6 | 22.3 | 1.0 | 0.9 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.4) |
| 5.0 |
| 5.5 |
| 4.7 |
| 2.1 |
| 1.2 |
| 1.1 |
| 1.4 |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.0 |
| (20.3) |
| 18.5 |
| 16.3 |
| 16.5 |
| 9.8 |
| 7.9 |
| 6.7 |
| 9.6 |
| 0.1 |
| 0.1 |
| 1.8 |
| 4.5 |
| 2.0 |
| 0.1 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| - |
| - |
| - |
| - |
| (9.9) |
| - |
| - |
| - |
| - |
| - |
| (0.5) |
| - |
| - |
| 18.1 |
| (18.6) |
| (16.4) |
| (19.0) |
| (23.8) |
| (0.5) |
| (6.8) |
| (9.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.1 |
| (18.6) |
| (16.4) |
| (19.0) |
| (23.8) |
| (0.5) |
| (6.8) |
| (9.7) |
| (9.9) |
| 18.1 |
| (18.6) |
| (16.4) |
| (19.0) |
| (14.3) |
| (10.0) |
| (6.8) |
| (9.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.6) |
| (9.9) |
| 18.1 |
| (18.6) |
| (16.4) |
| (19.0) |
| (14.3) |
| (10.0) |
| (6.8) |
| (9.7) |
| (0.43) |
| (0.38) |
| - |
| - |
| - |
| - |
| - |
| 43.1 |
| 43.0 |
| - |
| - |
| - |
| - |
| - |
| 43.1 |
| 43.0 |
| - |
| - |
| - |
| - |
| - |
| (16.3) |
| (16.5) |
| (9.8) |
| (7.9) |
| (6.7) |
| (9.6) |