| (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 | Q3 FY 20 | Q2 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 3.7 | 0.0 | 10.0 | 0.0 | 0.0 | 0.0 | 0.4 | 8.9 | 1.3 | 2.5 | 2.5 | 1.1 | 2.0 | 2.8 | 1.8 | 2.4 | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 13.7 | 10.0 | 10.6 | 8.1 | 8.6 | 3.6 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 127.7 | 125.9 | 68.4 | 54.9 | 53.4 | 26.2 | 3.0 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (157.0) | (157.7) | (98.8) | (73.0) | (67.1) | (32.9) | (4.8) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | - | - | - |
| Net Income From Continuing Ops | (114.5) | (113.6) | (69.0) | (58.3) | (63.1) | (32.7) | |
| Per Share | |||||||
| EPS Basic | (1.83) | (1.83) | (1.28) | (1.32) | (1.52) | (1.39) | - |
| EPS Diluted | (1.83) | (1.83) | (1.28) | (1.32) | (1.52) | (1.39) | - |
| Supplementary Data | |||||||
| EBITDA | - | (155.6) | (96.8) | (71.0) | (66.3) | (32.8) | (4.8) |
| EBIT | (157.0) | (157.7) | (98.8) | (73.0) | (67.1) | (32.9) | (4.8) |
| 1.6 |
| 1.6 |
| 1.2 |
| 0.5 |
| 0.4 |
| 0.0 |
| 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 26.8 | 31.5 | 34.6 | 34.7 | 25.1 | 20.8 | 18.6 | 14.9 | 14.1 | 12.2 | 11.9 | 14.9 | 15.9 | 15.4 | 13.7 | 14.1 | 10.2 | 11.2 | 8.4 | 4.7 | 1.9 | 0.8 | 0.7 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| General & Administrative | 11.1 | 10.9 | 10.6 | 10.5 | 9.8 | 8.2 | 17.7 | 7.8 | 7.3 | 6.4 | 6.4 | 6.9 | 6.5 | 5.7 | 6.1 | 5.5 | 4.9 | ||||||
| Depreciation & Amortization | 0.5 | - | - | - | 0.5 | - | - | - | 0.5 | - | - | - | 0.5 | - | - | - | |||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (34.2) | (42.4) | (35.3) | (45.1) | (34.9) | (29.0) | (35.8) | (13.8) | (20.2) | (16.1) | (15.8) | (20.7) | (20.3) | (18.3) | (18.0) | (17.3) | (13.5) | (13.5) | (10.9) | (6.3) | (2.3) | (1.3) | (1.1) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | 9.9 | 10.5 | 10.9 | 11.3 | 11.4 | 8.8 | 7.8 | 7.9 | 5.4 | 4.4 | 4.2 | 3.2 | 2.8 | 2.2 | 1.3 | 0.4 | 0.1 | ||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (24.4) | (31.9) | (24.3) | (33.9) | (23.5) | (20.2) | (28.1) | (6.0) | (14.8) | (11.8) | (11.6) | (17.5) | (17.5) | (16.1) | (16.7) | (16.9) | (13.4) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (24.4) | (31.9) | (24.3) | (33.9) | (23.5) | (20.2) | (28.1) | (6.0) | (14.8) | (11.8) | (11.6) | (17.5) | (17.5) | (16.1) | (16.7) | (16.9) | (13.4) | ||||||
| Net Income Attributable To Parent | (24.4) | (31.9) | (24.3) | (33.9) | (23.5) | (20.2) | (28.1) | (6.0) | (14.8) | (11.8) | (11.6) | (17.5) | (17.5) | (16.1) | (16.7) | (16.9) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (24.4) | (31.9) | (24.3) | (33.9) | (23.5) | (20.2) | (28.1) | (6.0) | (14.8) | (11.8) | (11.6) | (17.5) | (17.5) | (16.1) | (16.7) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (0.39) | - | (0.39) | (0.55) | (0.38) | - | (0.51) | (0.11) | (0.30) | - | (0.25) | (0.42) | (0.42) | - | (0.40) | (0.41) | (0.32) | - | (0.26) | (0.62) | - | - | - |
| EPS Diluted | (0.39) | - | (0.39) | (0.55) | (0.38) | - | (0.51) | (0.11) | (0.30) | - | (0.25) | (0.42) | (0.42) | - | (0.40) | (0.41) | (0.32) | - | |||||
| Shares Basic | 62.7 | - | 62.0 | 61.9 | 61.8 | - | 54.6 | 54.5 | 49.0 | - | 45.7 | 41.8 | 41.8 | - | 41.5 | 41.4 | 41.3 | - | |||||
| Shares Diluted | 62.7 | - | 62.0 | 61.9 | 61.8 | - | 54.6 | 54.5 | 49.0 | - | 45.7 | 41.8 | 41.8 | - | 41.5 | 41.4 | 41.3 | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (33.7) | - | - | - | (34.4) | - | - | - | (19.6) | - | - | - | (19.8) | - | - | - | (13.5) | - | - | - | (2.3) | - | - |
| EBIT | (34.2) | (42.4) | (35.3) | (45.1) | (34.9) | (29.0) | (35.8) | (13.8) | (20.2) | (16.1) | (15.8) | (20.7) | (20.3) | (18.3) | (18.0) | (17.3) | (13.5) | (13.5) | (10.9) | ||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 43.1 | 41.8 | 41.0 | 26.1 | 22.3 | 10.3 | 1.8 |
| Depreciation & Amortization | - | 2.0 | 2.1 | 2.0 | 0.8 | 0.1 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 42.5 | 44.0 | 29.9 | 14.7 | 4.0 | 0.3 | (1.9) |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (6.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (114.5) | (113.6) | (69.0) | (58.3) | (63.1) | (32.7) | (6.8) |
| Net Income Attributable To Parent | (114.5) | (113.6) | (69.0) | (58.3) | (63.1) | (32.7) | (6.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (114.5) | (113.6) | (69.0) | (58.3) | (63.1) | (32.7) | (6.8) |
| Shares Basic | 62.7 | 62.0 | 53.8 | 44.0 | 41.5 | 23.5 | 0.2 |
| Shares Diluted | 62.7 | 62.0 | 53.8 | 44.0 | 41.5 | 23.5 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.9 |
| 3.7 |
| 2.0 |
| 0.7 |
| 0.4 |
| 0.4 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| (1.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.4) |
| (10.8) |
| (6.2) |
| (2.3) |
| (1.3) |
| (2.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.4) |
| (10.8) |
| (6.2) |
| (2.3) |
| (1.3) |
| (2.5) |
| (13.4) |
| (13.4) |
| (10.8) |
| (6.2) |
| (2.3) |
| (1.3) |
| (2.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.9) |
| (13.4) |
| (13.4) |
| (10.8) |
| (6.2) |
| (2.3) |
| (1.3) |
| (2.5) |
| (0.26) |
| (0.62) |
| - |
| - |
| - |
| 41.1 |
| 10.0 |
| 0.3 |
| 0.2 |
| 0.3 |
| 41.1 |
| 10.0 |
| - |
| - |
| - |
| (6.3) |
| (2.3) |
| (1.3) |
| (1.1) |