| (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 | - | 41.6 | 34.3 | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 52.8 | 63.1 | 55.8 | 51.8 | 34.6 | 25.4 | 15.9 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (73.0) | (83.9) | (76.2) | (68.9) | (51.2) | (36.8) | (20.7) |
| Non-Operating | |||||||
| Interest Income | 1.3 | 1.7 | 5.1 | 5.2 | 0.7 | - | 0.2 |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | - | 0.0 | 0.0 | - | - | 0.0 |
| Net Income From Continuing Ops | (55.7) | (75.8) | (71.3) | (64.5) | 37.7 | 30.6 | |
| Per Share | |||||||
| EPS Basic | (1.94) | (3.95) | (4.89) | (6.18) | (10.33) | (2.69) | - |
| EPS Diluted | (1.94) | (3.95) | (4.89) | (6.18) | (10.33) | (2.69) | - |
| Supplementary Data | |||||||
| EBITDA | - | (82.8) | (74.9) | (67.8) | (50.2) | (36.5) | - |
| EBIT | (73.0) | (83.9) | (76.2) | (68.9) | (51.2) | (36.8) | (20.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 3.6 | - | 9.3 | - | 9.8 | - | 8.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 5.8 | 11.4 | 14.4 | 21.2 | 16.2 | 19.8 | 14.5 | 11.3 | 10.3 | 13.8 | 14.8 | 13.3 | 9.8 | 9.3 | 9.0 | 8.1 | 8.2 | 8.7 | 7.2 | 5.2 | 4.4 | - | 4.5 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 5.1 | 4.5 | 4.8 | 5.9 | 5.6 | 5.5 | 5.4 | 4.7 | 4.8 | 3.9 | 4.5 | 4.5 | 4.1 | 4.5 | 3.7 | 3.8 | 4.6 | ||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.3 | 0.3 | 0.5 | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | - | 0.3 | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 11.0 | 15.8 | 19.2 | 27.1 | 21.8 | 25.3 | 19.9 | 16.0 | 15.1 | 17.7 | 19.4 | 17.8 | 13.9 | 13.7 | 12.7 | 12.0 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (11.0) | (15.8) | (19.2) | (27.1) | (21.8) | (25.3) | (19.9) | (16.0) | (15.1) | (17.7) | (19.4) | (17.8) | (13.9) | (13.7) | (12.7) | (12.0) | (12.8) | (12.1) | (10.1) | (8.4) | (6.3) | (14.1) | (6.0) | (0.3) | (0.2) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.2 | 0.3 | 0.3 | 0.4 | 0.6 | 0.9 | 1.3 | 1.5 | 1.4 | 1.2 | 1.4 | 1.4 | 1.1 | - | 0.3 | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 9.8 | 6.7 | 0.4 | 0.4 | 0.6 | 1.0 | 1.3 | 1.4 | 1.3 | 1.1 | 1.8 | 1.7 | (0.3) | - | - | - | - | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (0.0) | (0.0) | (0.0) | 0.1 |
| Net Income From Continuing Ops | (1.2) | (9.1) | (18.7) | (26.7) | (21.2) | (24.3) | (18.6) | (14.6) | (13.7) | (48.8) | (17.5) | 16.1 | (14.3) | 37.0 | (11.9) | 10.4 | 2.2 | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (1.2) | (9.1) | (18.7) | (26.7) | (21.2) | (24.3) | (18.6) | (14.6) | (13.7) | (48.8) | (17.5) | 16.1 | (14.3) | 37.0 | (11.9) | 10.4 | 2.2 | ||||||||
| Net Income Attributable To Parent | (1.2) | (9.1) | (18.7) | (26.7) | (21.2) | (24.3) | (18.6) | (14.6) | (13.7) | (16.6) | (17.5) | (16.1) | (14.3) | (13.2) | (11.9) | (10.4) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (1.2) | (9.1) | (18.7) | (26.7) | (21.2) | (24.3) | (18.6) | (14.6) | (13.7) | (16.6) | (17.5) | (16.1) | (14.3) | (13.2) | (11.9) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.04) | - | (1.13) | (1.74) | (1.41) | - | (1.24) | (0.97) | (1.03) | - | (1.60) | (1.47) | (1.62) | - | (0.32) | (0.29) | (0.06) | - | (0.69) | - | - | - | - | - | - |
| EPS Diluted | (0.04) | - | (1.13) | (1.74) | (1.41) | - | (1.24) | (0.97) | (1.03) | - | (1.60) | (1.47) | (1.62) | - | (0.32) | (0.29) | (0.06) | - | |||||||
| Shares Basic | 28.7 | - | 16.6 | 15.3 | 15.0 | - | 15.0 | 15.0 | 13.3 | - | 11.0 | 10.9 | 8.8 | - | 36.6 | 36.4 | 36.3 | - | |||||||
| Shares Diluted | 28.7 | - | 16.6 | 15.3 | 15.0 | - | 15.0 | 15.0 | 13.3 | - | 11.0 | 10.9 | 8.8 | - | 36.6 | 36.4 | 36.3 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (10.9) | - | - | - | (21.5) | (25.0) | (19.4) | (15.7) | (14.8) | (17.5) | (19.1) | (17.5) | (13.7) | - | (12.4) | - | (12.6) | - | - | - | (6.2) | - | - | - | - |
| EBIT | (11.0) | (15.8) | (19.2) | (27.1) | (21.8) | (25.3) | (19.9) | (16.0) | (15.1) | (17.7) | (19.4) | (17.8) | (13.9) | (13.7) | (12.7) | (12.0) | (12.8) | (12.1) | (10.1) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 20.3 | 20.8 | 20.4 | 17.1 | 16.6 | 11.4 | 4.8 |
| Depreciation & Amortization | - | 1.1 | 1.4 | 1.1 | 1.0 | 0.4 | - |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 73.0 | 83.9 | 76.2 | 68.9 | 51.2 | 36.8 | 20.7 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 17.3 | 8.1 | 5.0 | 4.4 | 0.6 | (0.1) | - |
| Pre-Tax Income | - | - | - | - | - | - | (6.4) |
| (31.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (55.7) | (75.8) | (71.3) | (64.5) | 37.7 | 30.6 | (31.7) |
| Net Income Attributable To Parent | (55.7) | (75.8) | (71.3) | (64.5) | (37.7) | (30.6) | (31.7) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (55.7) | (75.8) | (71.3) | (64.5) | (37.7) | (30.6) | (31.7) |
| Shares Basic | 28.7 | 19.2 | 14.6 | 10.4 | 3.6 | 11.4 | - |
| Shares Diluted | 28.7 | 19.2 | 14.6 | 10.4 | 3.6 | 11.4 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.4 |
| 2.9 |
| 3.3 |
| 1.8 |
| 2.8 |
| 1.5 |
| 0.3 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.8 |
| 12.1 |
| 10.1 |
| 8.4 |
| 6.3 |
| - |
| 6.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.6) |
| 5.5 |
| (4.3) |
| (0.2) |
| (3.4) |
| 1.5 |
| 52.2 |
| (3.4) |
| (8.4) |
| (9.8) |
| (10.0) |
| (10.8) |
| (9.4) |
| (1.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 52.2 |
| (3.4) |
| (8.4) |
| (9.8) |
| (10.0) |
| (10.8) |
| (9.4) |
| (1.4) |
| (2.2) |
| (9.1) |
| (3.4) |
| (8.4) |
| (9.8) |
| (29.5) |
| (0.2) |
| (3.4) |
| 1.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.4) |
| (2.2) |
| (9.1) |
| (3.4) |
| (8.4) |
| (9.8) |
| (18.8) |
| (10.8) |
| (3.4) |
| 1.4 |
| (0.69) |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.4) |
| (6.3) |
| (14.1) |
| (6.0) |
| (0.3) |
| (0.2) |