| (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 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.4 | 2.1 | |||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | - | 0.0 | 0.0 | 0.0 | 3.9 | 11.2 | 6.4 | 6.1 | - | 0.0 | 0.0 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||
| Research & Development | - | - | - | - | - | - | 18.4 | 27.3 | 29.3 | 29.0 | 25.0 | 11.4 |
| Selling General & Administrative | - | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | (30.3) | (39.2) | (41.0) | (39.7) | (81.7) | (130.2) | (96.2) | (88.2) | (64.7) | (39.9) | (32.7) | (15.9) |
| Non-Operating | ||||||||||||
| Interest Income | 0.8 | 1.1 | 2.1 | 2.7 | 0.7 | 0.1 | 0.5 | 2.4 | 1.7 | 0.5 | 0.1 | - |
| Interest Expense | - | 3.3 | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (19.7) | |||||||||||
| Per Share | ||||||||||||
| EPS Basic | (1.66) | (3.31) | (10.15) | (17.35) | (29.48) | (108.32) | (1.99) | - | - | - | - | - |
| EPS Diluted | (1.66) | (3.31) | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | - | (38.8) | (40.7) | (39.4) | (81.2) | (129.3) | (95.3) | (87.4) | (64.4) | (39.6) | (32.4) | (15.6) |
| EBIT | (30.3) | (39.2) | ||||||||||
| 1.4 |
| 1.9 |
| 3.1 |
| 3.1 |
| 3.3 |
| 2.2 |
| 2.2 |
| 0.8 |
| 1.1 |
| 1.2 |
| 1.5 |
| 2.1 |
| 1.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.2 | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.1 | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||||
| Research & Development | 0.1 | - | 6.1 | 6.2 | 6.1 | - | 5.2 | 5.3 | 6.4 | - | 5.6 | 4.3 | 4.0 | - | 5.4 | 4.5 | 4.5 | - | 2.9 | 3.1 | 3.1 | 3.4 | 3.5 | 6.1 | 5.4 | 6.1 | 7.1 | 7.1 | 7.0 | 9.2 | 7.0 | 7.4 | 5.7 | 5.9 | 7.0 | 8.1 | 8.0 | 8.3 | 6.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | 4.6 | 5.0 | 5.0 | 6.0 | 5.8 | 9.5 | 22.7 | |||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| General & Administrative | 1.7 | 9.9 | 4.5 | 4.6 | 4.6 | 4.2 | 4.4 | 4.3 | 5.4 | 4.6 | 5.0 | 5.0 | 6.0 | - | - | - | - | ||||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.2 | ||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (2.1) | (2.0) | ||||||||||||||||||||||
| Total Operating Expenses | 1.8 | 10.2 | 7.2 | 11.0 | 10.7 | 9.5 | 10.0 | 9.6 | 11.9 | 9.6 | 8.8 | 9.6 | 11.7 | 10.3 | 15.0 | 28.1 | |||||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||||
| Operating Income | (1.8) | (10.2) | (7.2) | (11.0) | (10.7) | (9.5) | (10.0) | (9.6) | (11.9) | (9.6) | (8.8) | (9.6) | (11.7) | (10.3) | (14.6) | (26.0) | (30.9) | (46.8) | (26.1) | (29.0) | (28.3) | (29.0) | (25.8) | (21.3) | (20.1) | (20.2) | (21.6) | (22.4) | (24.1) | (23.6) | (15.5) | (14.5) | (11.1) | (11.1) | (9.5) | (9.6) | (9.6) | (9.7) | (9.7) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.1 | 0.0 | 0.3 | 0.4 | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 | 0.7 | 0.7 | 0.7 | 0.4 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.4 | 0.6 | 0.6 | 0.8 | 0.8 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.0 | 0.0 | 0.1 | 0.0 |
| Interest Expense | - | 0.1 | 1.0 | 1.1 | 1.1 | 1.4 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.4 | 1.5 | 1.6 | 1.4 | 2.2 | 2.0 | 2.1 | |||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Other Non-Operating Income | 0.2 | 10.9 | (0.3) | (0.1) | 1.7 | 1.3 | 1.0 | 0.0 | 0.1 | 1.0 | 0.1 | (0.8) | (2.8) | (2.6) | 43.6 | (2.1) | (2.0) | ||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - |
| Net Income From Continuing Ops | (1.6) | 0.7 | (7.6) | (11.2) | (8.9) | (8.2) | (9.0) | (9.6) | (11.8) | (8.6) | (8.7) | (10.4) | (14.5) | (12.8) | 29.1 | (28.1) | (32.9) | ||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Net Income | (1.6) | 0.7 | (7.6) | (11.2) | (8.9) | (8.2) | (9.0) | (9.6) | (11.8) | (8.6) | (8.7) | (10.4) | (14.5) | (12.8) | 29.1 | (28.1) | (32.9) | ||||||||||||||||||||||
| Net Income Attributable To Parent | (1.6) | 0.7 | (7.6) | (11.2) | (8.9) | (8.2) | (9.0) | (9.6) | (11.8) | (8.6) | (8.7) | (10.4) | (14.5) | (12.8) | 29.1 | (28.1) | |||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Net Income To Common Shareholders | (1.6) | 0.7 | (7.6) | (11.2) | (8.9) | (8.2) | (9.0) | (9.6) | (11.8) | (8.6) | (8.7) | (10.4) | (14.5) | (12.8) | 29.1 | ||||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.14) | - | (1.07) | (1.71) | (70.49) | - | (1.93) | (3.16) | (4.20) | - | (3.41) | (4.36) | (6.99) | - | 19.39 | (18.92) | (22.18) | - | (21.41) | (0.57) | (0.49) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.14) | - | (1.07) | (1.71) | (70.49) | - | (1.93) | (3.16) | (4.20) | - | (3.41) | (4.36) | (6.99) | - | 19.25 | (18.92) | (22.18) | - | |||||||||||||||||||||
| Shares Basic | 11.9 | - | 7.0 | 6.5 | 0.1 | - | 4.6 | 3.0 | 2.8 | - | 2.6 | 2.4 | 2.1 | - | 1.5 | 1.5 | 1.5 | - | |||||||||||||||||||||
| Shares Diluted | 11.9 | - | 7.0 | 6.5 | 0.1 | - | 4.6 | 3.0 | 2.8 | - | 2.6 | 2.4 | 2.1 | - | 1.5 | 1.5 | 1.5 | - | |||||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | (10.6) | - | - | - | (11.9) | - | - | - | (11.6) | - | - | - | (30.8) | - | - | - | (28.1) | - | - | - | (19.9) | - | - | - | (23.9) | - | - | - | (11.1) | - | - | - | (9.5) | - | - |
| EBIT | (1.8) | (10.2) | (7.2) | (11.0) | (10.7) | (9.5) | (10.0) | (9.6) | (11.9) | (9.6) | (8.8) | (9.6) | (11.7) | (10.3) | (14.6) | (26.0) | (30.9) | (46.8) | (26.1) | ||||||||||||||||||||
| - |
| - |
| 20.6 |
| 65.0 |
| 105.1 |
| 81.1 |
| 65.0 |
| 35.4 |
| 10.9 |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 20.8 | 23.6 | 18.3 | 20.6 | - | - | - | - | - | 10.9 | 7.6 | 4.6 |
| Depreciation & Amortization | - | 0.3 | 0.3 | 0.3 | 0.5 | 1.0 | 0.9 | 0.8 | 0.4 | 0.3 | 0.3 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | (12.4) | (8.1) | (6.1) | (2.0) | (2.3) | (0.5) | (0.7) |
| Total Operating Expenses | 30.3 | 39.2 | 41.0 | 39.7 | 85.6 | 141.5 | 102.6 | 94.3 | 64.7 | 39.9 | 32.7 | 16.0 |
| 5.8 |
| 5.8 |
| 7.3 |
| 8.4 |
| 8.6 |
| 8.5 |
| 3.3 |
| 1.0 |
| 0.8 |
| 0.6 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 10.6 | 12.2 | 2.5 | (2.5) | 36.9 | (12.4) | - | - | - | - | - | - |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - |
| (27.0) |
| (38.5) |
| (42.2) |
| (44.8) |
| (142.6) |
| (104.3) |
| (94.3) |
| (66.7) |
| (42.2) |
| (33.2) |
| (16.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (19.7) | (27.0) | (38.5) | (42.2) | (44.8) | (142.6) | (104.3) | (94.3) | (66.7) | (42.2) | (33.2) | (16.7) |
| Net Income Attributable To Parent | (19.7) | (27.0) | (38.5) | (42.2) | (44.8) | (142.6) | (104.3) | (94.3) | (66.7) | (42.2) | (33.2) | (16.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (19.7) | (27.0) | (38.5) | (42.2) | (44.8) | (142.6) | (104.3) | (94.3) | (66.7) | (42.2) | (33.2) | (16.7) |
| (10.15) |
| (17.35) |
| (29.48) |
| (108.32) |
| (1.99) |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 11.9 | 8.1 | 3.8 | 2.4 | 1.5 | 1.3 | 52.4 | - | - | - | - | - |
| Shares Diluted | 11.9 | 8.1 | 3.8 | 2.4 | 1.5 | 1.3 | 52.4 | - | - | - | - | - |
| (41.0) |
| (39.7) |
| (81.7) |
| (130.2) |
| (96.2) |
| (88.2) |
| (64.7) |
| (39.9) |
| (32.7) |
| (15.9) |
| 27.0 |
| 24.0 |
| 25.3 |
| 28.0 |
| 27.7 |
| 26.5 |
| 23.9 |
| 15.3 |
| 15.4 |
| 14.5 |
| 15.3 |
| 17.0 |
| 18.2 |
| 14.3 |
| 8.5 |
| 7.2 |
| 5.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.5 |
| 7.2 |
| 5.5 |
| 5.3 |
| 2.5 |
| 1.6 |
| 1.5 |
| 1.5 |
| 3.7 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.8) |
| (2.1) |
| (7.5) |
| (2.1) |
| (2.1) |
| (2.1) |
| (2.0) |
| (1.8) |
| (1.8) |
| (1.6) |
| (1.4) |
| (1.3) |
| (1.7) |
| (0.1) |
| (0.1) |
| (0.2) |
| (0.2) |
| (0.6) |
| (1.4) |
| (0.2) |
| 0.1 |
| (0.2) |
| 32.3 |
| 48.7 |
| 29.1 |
| 32.1 |
| 31.6 |
| 31.2 |
| 28.1 |
| 22.1 |
| 21.2 |
| 21.4 |
| 23.0 |
| 24.5 |
| 25.4 |
| 23.6 |
| 15.5 |
| 14.5 |
| 11.1 |
| 11.1 |
| 9.5 |
| 9.6 |
| 9.6 |
| 9.7 |
| 9.7 |
| 2.1 |
| 2.1 |
| 2.1 |
| 2.2 |
| 2.2 |
| 2.1 |
| 2.1 |
| 2.1 |
| 2.2 |
| 2.1 |
| 2.1 |
| 2.1 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (47.6) |
| (28.1) |
| (36.5) |
| (30.4) |
| (31.1) |
| (27.9) |
| (23.3) |
| (22.0) |
| (22.0) |
| (23.2) |
| (23.8) |
| (25.4) |
| (25.2) |
| (15.6) |
| (14.6) |
| (11.3) |
| - |
| - |
| - |
| (9.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (47.6) |
| (28.1) |
| (36.5) |
| (30.4) |
| (31.1) |
| (27.9) |
| (23.3) |
| (22.0) |
| (22.0) |
| (23.2) |
| (23.8) |
| (25.4) |
| (25.2) |
| (15.6) |
| (14.6) |
| (11.3) |
| - |
| - |
| - |
| (9.8) |
| - |
| - |
| (32.9) |
| (47.6) |
| (28.1) |
| (36.5) |
| (30.4) |
| (31.1) |
| (27.9) |
| (23.3) |
| (22.0) |
| (22.0) |
| (23.2) |
| (23.8) |
| (25.4) |
| (25.2) |
| (15.6) |
| (14.6) |
| (11.3) |
| - |
| - |
| - |
| (9.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (28.1) |
| (32.9) |
| (47.6) |
| (28.1) |
| (36.5) |
| (30.4) |
| (31.1) |
| (27.9) |
| (23.3) |
| (22.0) |
| (22.0) |
| (23.2) |
| (23.8) |
| (25.4) |
| (25.2) |
| (15.6) |
| (14.6) |
| (11.3) |
| (11.3) |
| (10.2) |
| (11.0) |
| (9.8) |
| (9.7) |
| (9.9) |
| (21.41) |
| (0.57) |
| (0.49) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.3 |
| 64.6 |
| 61.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.3 |
| 64.6 |
| 61.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (29.0) |
| (28.3) |
| (29.0) |
| (25.8) |
| (21.3) |
| (20.1) |
| (20.2) |
| (21.6) |
| (22.4) |
| (24.1) |
| (23.6) |
| (15.5) |
| (14.5) |
| (11.1) |
| (11.1) |
| (9.5) |
| (9.6) |
| (9.6) |
| (9.7) |
| (9.7) |