| (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 | Q3 FY 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||
| Revenues | 0.0 | 1.3 | 1.1 | 1.5 | 2.6 | 2.3 | 0.0 | 0.0 | 0.0 | - | - | - | - | 0.0 | 0.0 | 0.0 | ||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 3.8 | 6.4 | 2.3 | 0.0 | 0.0 | 14.1 | 37.0 | 28.9 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 58.8 | 65.6 | 63.6 | 57.3 | 42.2 | 60.9 | 37.4 | 18.8 | 11.9 | 12.0 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (117.3) | (121.9) | (91.9) | (84.5) | (59.0) | (84.0) | (27.6) | (20.7) | (18.9) | (16.3) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | 1.3 | 0.4 | 1.0 | 1.8 | - | - |
| Interest Expense | - | - | - | - | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 0.7 | 0.6 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - |
| Net Income From Continuing Ops | (113.5) | (117.3) | (83.6) | |||||||
| Per Share | ||||||||||
| EPS Basic | (9.79) | (12.48) | (9.37) | (53.08) | (227.42) | - | - | - | - | - |
| EPS Diluted | (9.79) | (12.48) | (9.37) | (53.08) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (113.8) | (117.6) | (88.3) | (80.9) | (56.5) | (81.3) | (26.4) | (19.9) | (18.3) | (15.8) |
| EBIT | (117.3) | (121.9) | (91.9) | (84.5) | ||||||
| 0.0 |
| 0.0 |
| 0.0 |
| 9.4 |
| 4.7 |
| 10.0 |
| 11.2 |
| 8.5 |
| 7.3 |
| - |
| 24.2 |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||
| Research & Development | 13.0 | 11.0 | 13.8 | 21.0 | 19.7 | 17.0 | 16.0 | 17.1 | 13.6 | 15.4 | 14.0 | 13.1 | 14.7 | 3.4 | 11.7 | 13.3 | 13.8 | 12.8 | 15.7 | 17.4 | 15.1 | 11.8 | 10.2 | 8.8 | 6.7 | 6.2 | 5.2 | 3.9 | 3.4 | 3.6 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| General & Administrative | 7.5 | 6.2 | 6.5 | 7.6 | 7.8 | 8.3 | 7.3 | 7.0 | 7.9 | 11.5 | 5.1 | 5.3 | 5.4 | (9.2) | 8.6 | 8.0 | 9.5 | |||||||||||||
| Depreciation & Amortization | 0.4 | 0.7 | 1.2 | 1.2 | 1.2 | 1.2 | 0.9 | 0.7 | 0.7 | 1.9 | 0.4 | 0.5 | 0.8 | 0.4 | 0.7 | 0.7 | ||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Total Operating Expenses | 20.4 | 51.7 | 20.3 | 28.7 | 27.6 | 25.3 | 23.3 | 24.1 | 21.5 | 26.9 | 19.1 | 18.4 | 20.1 | (5.8) | 20.3 | 21.3 | ||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||
| Operating Income | (20.4) | (50.4) | (19.2) | (27.2) | (25.0) | (23.0) | (23.3) | (24.1) | (21.5) | (26.9) | (19.1) | (18.4) | (20.1) | 5.8 | (20.3) | (21.3) | (23.3) | (21.4) | (25.0) | (17.5) | (20.2) | (10.3) | (5.4) | (6.2) | (5.7) | (6.5) | (1.3) | (7.0) | (5.9) | (5.1) |
| Non-Operating | ||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | 0.4 | 0.3 | 0.5 | 0.5 | 0.4 | 0.4 | 0.1 | 0.1 | 0.2 | 0.1 | 0.0 | 0.0 | 0.1 | 0.2 | 0.7 | 0.9 | 0.6 | 0.1 | 0.1 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | ||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Other Non-Operating Income | 0.9 | 1.0 | 1.2 | 1.4 | 1.6 | 1.9 | 2.3 | 2.3 | 1.9 | 1.5 | 0.7 | 0.8 | 0.5 | 0.6 | 0.6 | (0.2) | (0.0) | |||||||||||||
| Pre-Tax Income | (19.5) | (49.4) | (18.1) | (25.8) | (23.4) | (21.1) | (21.0) | (21.8) | (19.5) | (25.4) | (18.5) | (17.6) | (19.6) | 6.2 | (19.6) | (21.3) | ||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||
| Income Tax Expense | 0.1 | 0.6 | 0.0 | 0.0 | 0.0 | 0.1 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 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 | (19.6) | (50.0) | (18.1) | (25.8) | (23.4) | (21.2) | (21.0) | (21.8) | (19.6) | (25.4) | (18.5) | (17.6) | (19.6) | 6.2 | (19.5) | (21.3) | (23.4) | |||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income | (19.6) | (50.0) | (18.1) | (25.8) | (23.4) | (21.2) | (21.0) | (21.8) | (19.6) | (25.4) | (18.5) | (17.6) | (19.6) | 6.2 | (19.5) | (21.3) | (23.4) | |||||||||||||
| Net Income Attributable To Parent | (19.6) | (50.0) | (18.1) | (25.8) | (23.4) | (21.2) | (21.0) | (21.8) | (19.6) | (25.4) | (18.5) | (17.6) | (19.6) | 6.2 | (19.5) | (21.3) | ||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Net Income To Common Shareholders | (19.6) | (50.0) | (18.1) | (25.8) | (23.4) | (21.2) | (21.0) | (21.8) | (19.6) | (25.4) | (18.5) | (17.6) | (19.6) | 6.2 | (19.5) | |||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||
| EPS Basic | (1.69) | - | (1.92) | (2.74) | (2.49) | - | (2.26) | (2.43) | (2.44) | - | (65.08) | (63.83) | (72.20) | - | (0.55) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.69) | - | (1.92) | (2.74) | (2.49) | - | (2.26) | (2.43) | (2.44) | - | (65.08) | (63.83) | (72.20) | - | (0.55) | - | - | - | ||||||||||||
| Shares Basic | 11.6 | - | 9.4 | 9.4 | 9.4 | - | 9.3 | 9.0 | 8.0 | - | 0.3 | 0.3 | 0.3 | - | 35.2 | - | - | - | ||||||||||||
| Shares Diluted | 11.6 | - | 9.4 | 9.4 | 9.4 | - | 9.3 | 9.0 | 8.0 | - | 0.3 | 0.3 | 0.3 | - | 35.2 | - | - | - | ||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||
| EBITDA | (20.1) | (49.7) | (18.0) | (26.0) | (23.8) | (21.8) | (22.4) | (23.4) | (20.7) | (25.0) | (18.8) | (17.9) | (19.3) | 6.2 | (19.6) | (20.6) | (22.5) | (20.6) | (24.3) | (16.6) | (19.8) | (9.9) | (5.1) | (6.0) | (5.4) | (6.2) | (1.0) | (6.9) | (5.7) | (4.9) |
| EBIT | (20.4) | (50.4) | (19.2) | (27.2) | (25.0) | (23.0) | (23.3) | (24.1) | (21.5) | (26.9) | (19.1) | (18.4) | (20.1) | 5.8 | (20.3) | (21.3) | (23.3) | (21.4) | (25.0) | |||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 27.8 | 28.2 | 30.5 | 27.3 | 16.8 | 37.2 | 27.1 | 14.8 | 7.1 | 4.3 |
| Depreciation & Amortization | 3.4 | 4.3 | 3.6 | 3.6 | 2.5 | 2.8 | 1.1 | 0.8 | 0.7 | 0.5 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 121.1 | 128.2 | 94.2 | 84.5 | 59.0 | 98.1 | 64.5 | 49.6 | 18.9 | 16.3 |
| 1.0 |
| 0.8 |
| 0.0 |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | (84.7) | (26.5) | - | - | - |
| Other Non-Operating Income | 4.5 | 5.2 | 8.5 | 3.4 | 1.0 | (0.3) | - | - | - | - |
| Pre-Tax Income | (112.8) | (116.6) | (83.4) | (81.1) | (58.0) | (84.7) | (26.5) | (18.7) | - | - |
| (81.2) |
| (58.0) |
| (84.7) |
| (26.5) |
| (18.7) |
| (19.2) |
| (20.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (113.5) | (117.3) | (83.6) | (81.2) | (58.0) | (84.7) | (26.5) | (18.7) | (19.2) | (20.2) |
| Net Income Attributable To Parent | (113.5) | (117.3) | (83.6) | (81.2) | (58.0) | (84.7) | (26.5) | (18.7) | (19.2) | (20.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (113.5) | (117.3) | (83.6) | (81.2) | (58.0) | (84.7) | (26.5) | (19.8) | (19.2) | (20.2) |
| (227.42) |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 11.6 | 9.4 | 8.9 | 1.5 | 0.3 | - | - | - | - | - |
| Shares Diluted | 11.6 | 9.4 | 8.9 | 1.5 | 0.3 | - | - | - | - | - |
| (59.0) |
| (84.0) |
| (27.6) |
| (20.7) |
| (18.9) |
| (16.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.6 |
| 9.3 |
| 9.5 |
| 9.7 |
| 8.4 |
| 6.5 |
| 6.0 |
| 6.2 |
| 5.0 |
| 4.3 |
| 3.1 |
| 2.5 |
| 1.5 |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.9 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.3 |
| 21.4 |
| 25.0 |
| 26.9 |
| 24.9 |
| 20.2 |
| 16.7 |
| 14.7 |
| 12.9 |
| 11.2 |
| 25.5 |
| 7.0 |
| 5.9 |
| 5.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.4) |
| (21.5) |
| (25.2) |
| (17.6) |
| (20.4) |
| (10.3) |
| (5.3) |
| (6.0) |
| (4.9) |
| (5.5) |
| (0.6) |
| (6.9) |
| (5.8) |
| - |
| (21.5) |
| (25.2) |
| (17.7) |
| (20.4) |
| (10.2) |
| (5.3) |
| (6.0) |
| (4.9) |
| (5.5) |
| (0.6) |
| (6.9) |
| (5.8) |
| (5.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (21.5) |
| (25.2) |
| (17.7) |
| (20.4) |
| (10.2) |
| (5.3) |
| (6.0) |
| (4.9) |
| (5.5) |
| (0.6) |
| (6.9) |
| (5.8) |
| (5.1) |
| (23.4) |
| (21.5) |
| (25.2) |
| (17.7) |
| (20.4) |
| (10.2) |
| (5.3) |
| (6.0) |
| (4.9) |
| (5.5) |
| (0.6) |
| (6.9) |
| (5.8) |
| (5.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (21.3) |
| (23.4) |
| (21.5) |
| (25.2) |
| (17.7) |
| (20.4) |
| (10.2) |
| (5.3) |
| (6.0) |
| (4.9) |
| (5.5) |
| (1.6) |
| (6.9) |
| (5.8) |
| (5.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.5) |
| (20.2) |
| (10.3) |
| (5.4) |
| (6.2) |
| (5.7) |
| (6.5) |
| (1.3) |
| (7.0) |
| (5.9) |
| (5.1) |