| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||
| Revenues | 6.0 | 2.5 | 3.1 | 2.7 | 2.9 | 2.8 | 2.5 | 3.2 | 2.3 | 3.0 | 3.3 | 3.6 | 2.9 | 2.3 | 1.3 | 1.0 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 14.4 | 11.3 | 10.8 | 12.8 | 5.6 | 3.4 | 3.3 |
| Cost of Revenue | 18.1 | 16.1 | 14.5 | 14.8 | 9.0 | 5.5 | 4.6 |
| Gross Profit | (3.6) | (4.8) | (3.7) | (2.0) | (3.3) | (2.1) | (1.3) |
| Operating Expenses | |||||||
| Research & Development | 15.0 | 12.5 | 7.1 | 6.4 | 8.4 | 5.6 | 3.2 |
| Selling General & Administrative | - | 16.6 | 18.4 | - | - | - | |
| Operating Income | |||||||
| Operating Income | (37.4) | (33.9) | (29.7) | (26.3) | (32.0) | (24.6) | (14.6) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | - | - | 0.0 |
| Net Income From Continuing Ops | (37.2) | (33.8) | (31.7) | (22.1) | (25.6) | (43.8) | |
| Per Share | |||||||
| EPS Basic | (2.69) | (4.00) | (10.97) | (16.77) | (0.72) | (4.18) | (1.96) |
| EPS Diluted | (2.69) | (4.00) | (10.97) | (16.77) | (0.72) | (4.18) | (1.96) |
| Supplementary Data | |||||||
| EBITDA | - | (31.3) | (27.1) | (23.9) | (30.3) | (23.0) | (13.3) |
| EBIT | (37.4) | (33.9) | (29.7) | (26.3) | (32.0) | (24.6) | (14.6) |
| 0.9 |
| 0.8 |
| 0.8 |
| 0.9 |
| 0.9 |
| 0.7 |
| Cost of Revenue | 5.6 | 4.2 | 4.7 | 3.7 | 3.6 | 4.0 | 3.0 | 3.8 | 3.7 | 4.9 | 3.3 | 3.6 | 3.1 | 3.5 | 2.2 | 1.7 | 1.5 | 1.6 | 1.3 | 1.3 | 1.2 | 1.3 |
| Gross Profit | 0.5 | (1.6) | (1.6) | (0.9) | (0.7) | (1.2) | (0.5) | (0.6) | (1.4) | (1.9) | 0.1 | 0.0 | (0.2) | (1.2) | (0.9) | (0.7) | (0.5) | (0.8) | (0.5) | (0.4) | (0.3) | (0.6) |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 4.7 | 4.5 | 3.8 | 2.1 | 2.1 | 2.1 | 1.8 | 1.6 | 1.6 | 1.6 | 1.9 | 1.5 | 1.4 | 2.5 | 2.1 | 2.1 | 1.8 | 1.7 | 1.2 | 1.5 | 1.1 | 1.0 |
| Selling General & Administrative | 6.1 | - | - | - | 4.0 | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | - | - | 1.1 | 1.1 | 1.3 | 1.1 | 1.0 | 1.5 | 1.5 | 1.5 | 1.4 | 1.2 | 1.1 | 1.6 | 1.9 | 1.5 | 3.5 | |||||
| General & Administrative | - | - | 3.1 | 2.2 | 2.8 | 2.5 | 4.4 | 2.7 | 3.6 | 2.4 | 3.2 | 3.3 | 3.6 | 3.5 | 2.9 | 3.0 | 2.3 | |||||
| Depreciation & Amortization | 0.8 | - | - | - | 0.7 | - | - | - | 0.6 | - | - | - | 0.6 | - | - | - | ||||||
| Amortization of Intangibles | 0.3 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | 10.8 | 9.7 | 7.9 | 5.4 | 6.2 | 5.7 | 7.2 | 6.2 | 6.8 | 5.5 | 6.5 | 6.0 | 6.3 | 7.6 | 6.9 | 6.5 | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (10.3) | (11.3) | (9.5) | (6.3) | (6.8) | (6.9) | (7.7) | (6.8) | (8.3) | (7.3) | (6.5) | (5.9) | (6.5) | (8.8) | (7.8) | (7.2) | (8.2) | (8.9) | (4.0) | (6.6) | (5.1) | (3.9) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | 0.1 | - | - | - | - | - | - | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | 0.0 | 0.2 | (0.0) | (0.1) | (0.1) | (0.1) | (3.2) | 0.5 | 0.7 | 0.8 | (1.9) | 1.1 | 4.1 | (2.9) | 2.5 | 8.1 | (1.4) | |||||
| Pre-Tax Income | (10.3) | (11.1) | (9.5) | (6.3) | (6.9) | (7.0) | (10.9) | (6.3) | (7.6) | (6.5) | (8.3) | (4.8) | (2.4) | (11.7) | (5.2) | 0.9 | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 |
| Net Income From Continuing Ops | (10.3) | (11.1) | (9.5) | (6.3) | (6.9) | (7.0) | (10.9) | (6.3) | (7.6) | (6.5) | (8.3) | (4.8) | (2.4) | (11.7) | (5.2) | 0.9 | (9.6) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (10.3) | (11.1) | (9.5) | (6.3) | (6.9) | (7.0) | (10.9) | (6.3) | (7.6) | (6.5) | (8.3) | (4.8) | (2.4) | (11.7) | (5.2) | 0.9 | (9.6) | |||||
| Net Income Attributable To Parent | (10.3) | (11.1) | (9.5) | (6.3) | (6.9) | (7.0) | (10.9) | (6.3) | (7.6) | (6.5) | (8.3) | (4.8) | (2.4) | (11.7) | (5.2) | 0.9 | ||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (10.3) | (11.1) | (9.5) | (6.3) | (6.9) | (7.0) | (10.9) | (6.3) | (7.6) | (6.5) | (8.3) | (4.8) | (2.4) | (11.7) | (5.2) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (0.74) | - | (0.98) | (0.90) | (1.28) | - | (3.58) | (2.68) | (3.99) | - | (5.36) | (0.08) | (0.06) | - | (0.14) | 0.02 | (0.30) | - | (0.50) | (1.70) | (0.56) | (0.47) |
| EPS Diluted | (0.74) | - | (0.98) | (0.90) | (1.28) | - | (3.58) | (2.68) | (3.99) | - | (5.36) | (0.08) | (0.06) | - | (0.14) | 0.02 | (0.30) | - | ||||
| Shares Basic | 13.9 | - | 9.8 | 7.0 | 5.4 | - | 3.0 | 2.3 | 1.9 | - | 1.6 | 57.2 | 42.7 | - | 36.9 | 35.7 | 31.7 | - | ||||
| Shares Diluted | 13.9 | - | 9.8 | 7.0 | 5.4 | - | 3.0 | 2.3 | 1.9 | - | 1.6 | 57.2 | 42.7 | - | 36.9 | 49.7 | 31.7 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (9.5) | - | - | - | (6.2) | - | - | - | (7.7) | - | - | - | (6.0) | - | - | - | (7.9) | - | - | - | (4.7) | - |
| EBIT | (10.3) | (11.3) | (9.5) | (6.3) | (6.8) | (6.9) | (7.7) | (6.8) | (8.3) | (7.3) | (6.5) | (5.9) | (6.5) | (8.8) | (7.8) | (7.2) | (8.2) | (8.9) | (4.0) | |||
| - |
| Selling & Marketing | - | - | 5.1 | 5.2 | 8.5 | 12.0 | 7.3 |
| General & Administrative | - | - | 13.3 | 12.6 | 11.7 | 4.9 | 2.8 |
| Depreciation & Amortization | - | 2.6 | 2.6 | 2.4 | 1.7 | 1.6 | 1.4 |
| Amortization of Intangibles | 0.5 | 0.3 | 0.3 | 0.5 | 0.1 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 33.7 | 29.1 | 26.0 | 24.3 | 28.6 | 22.5 | 13.3 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.2 | 0.1 | (2.1) | 4.2 | 6.3 | (19.3) | (4.7) |
| Pre-Tax Income | (37.2) | (33.8) | (31.7) | (22.1) | (25.6) | (43.8) | (19.3) |
| (19.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (37.2) | (33.8) | (31.7) | (22.1) | (25.6) | (43.8) | (19.3) |
| Net Income Attributable To Parent | (37.2) | (33.8) | (31.7) | (22.1) | (25.6) | (43.8) | (19.3) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | 0.6 | 0.7 |
| Net Income To Common Shareholders | (37.2) | (33.8) | (31.7) | (22.1) | (25.6) | (44.5) | (20.0) |
| Shares Basic | 13.9 | 8.5 | 2.9 | 1.3 | 35.6 | 10.6 | 10.2 |
| Shares Diluted | 13.9 | 8.5 | 2.9 | 1.3 | 35.6 | 10.6 | 10.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.7 |
| 0.7 |
| 3.6 |
| 3.1 |
| 1.7 |
| 1.7 |
| 1.5 |
| 1.1 |
| 0.5 |
| 0.6 |
| 0.4 |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.7 |
| 8.1 |
| 3.5 |
| 6.2 |
| 4.7 |
| 3.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.3) |
| (0.9) |
| (10.5) |
| (0.5) |
| (0.7) |
| (9.6) |
| (16.2) |
| (4.9) |
| (17.2) |
| (5.6) |
| (4.6) |
| (16.2) |
| (4.9) |
| (17.2) |
| (5.6) |
| (4.6) |
| - |
| - |
| - |
| - |
| - |
| (16.2) |
| (4.9) |
| (17.2) |
| (5.6) |
| (4.6) |
| (9.6) |
| (16.2) |
| (4.9) |
| (17.2) |
| (5.6) |
| (4.6) |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.9 |
| (9.6) |
| (16.3) |
| (5.1) |
| (17.3) |
| (5.8) |
| (4.8) |
| (0.50) |
| (1.70) |
| (0.56) |
| (0.47) |
| 10.2 |
| 10.2 |
| 10.2 |
| 10.2 |
| 10.2 |
| 10.2 |
| 10.2 |
| 10.2 |
| (6.6) |
| (5.1) |
| (3.9) |