| (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 | Q2 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||
| Revenues | 0.9 | 2.5 | 0.9 | 2.6 | 2.3 | (1.4) | 0.7 | 0.6 | 0.7 | 0.4 | 1.3 | 1.0 | 1.2 | 0.1 | 1.2 | 1.4 | ||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 7.0 | 8.3 | 0.7 | 3.9 | 3.9 | 4.2 | 2.2 | 0.0 |
| Cost of Revenue | 7.1 | 7.1 | 3.0 | 1.0 | 2.0 | 2.1 | 0.9 | 0.0 |
| Gross Profit | (0.1) | 1.2 | (2.3) | 2.9 | 1.9 | 2.1 | 1.2 | 0.0 |
| Operating Expenses | ||||||||
| Research & Development | 0.5 | 0.5 | 0.6 | 0.2 | 0.1 | - | - | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (14.5) | (13.3) | (6.5) | (3.3) | (2.1) | 0.6 | - | - |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | 3.6 | - | 0.0 | 0.0 | 0.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | - | - | 0.0 | 0.0 | 0.0 | - | - |
| Net Income From Continuing Ops | (18.7) | (17.5) | (2.5) | (3.8) | (2.1) | |||
| Per Share | ||||||||
| EPS Basic | (1.29) | (1.02) | (0.22) | (0.37) | (0.37) | 0.12 | - | - |
| EPS Diluted | (1.29) | (1.02) | (0.22) | (0.37) | (0.37) | 0.12 | ||
| Supplementary Data | ||||||||
| EBITDA | (13.5) | (12.2) | (5.5) | (2.1) | (2.1) | 1.0 | - | - |
| EBIT | (14.5) | (13.3) | (6.5) | (3.3) | (2.1) | 0.6 | ||
| 1.2 |
| 1.2 |
| 1.1 |
| 0.9 |
| 1.0 |
| 0.6 |
| 0.6 |
| 0.7 |
| 0.2 |
| 0.0 |
| Cost of Revenue | 1.3 | 3.4 | 1.1 | 1.2 | 1.4 | 2.2 | 0.1 | 0.3 | 0.4 | 0.2 | 0.3 | 0.3 | 0.3 | 0.6 | 0.7 | 0.4 | 0.3 | 1.2 | 0.3 | 0.2 | 0.4 | 0.4 | 0.3 | 0.3 | 0.1 | 0.0 |
| Gross Profit | (0.4) | (0.9) | (0.2) | 1.4 | 0.9 | (3.6) | 0.6 | 0.3 | 0.4 | 0.3 | 1.0 | 0.7 | 1.0 | (0.5) | 0.6 | 0.9 | 0.9 | (0.0) | 0.8 | 0.8 | 0.6 | 0.3 | 0.3 | 0.5 | 0.1 | 0.0 |
| Operating Expenses | ||||||||||||||||||||||||||
| Research & Development | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.4 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Selling & Marketing | 0.6 | 0.6 | 0.3 | 0.3 | 0.7 | 0.8 | 0.6 | 0.3 | 0.1 | 0.5 | 0.7 | 0.5 | 0.3 | 1.4 | 0.1 | 0.1 | 0.1 | |||||||||
| General & Administrative | 1.6 | 4.2 | 1.5 | 0.7 | 1.6 | 1.7 | 1.1 | 0.4 | 0.4 | 0.5 | 0.6 | 0.4 | 0.6 | 0.1 | 0.1 | 0.4 | 0.4 | |||||||||
| Depreciation & Amortization | 0.1 | 0.2 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.9 | 0.2 | 0.1 | 0.1 | (0.3) | 0.1 | 0.1 | ||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | 0.1 | - | - | - | 0.1 | - | - | |||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Total Operating Expenses | 2.4 | 6.6 | 3.0 | 2.4 | 2.5 | 2.4 | 2.3 | 1.2 | 0.9 | 1.7 | 1.9 | 1.4 | 1.3 | 2.6 | 0.3 | 0.5 | ||||||||||
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | (2.8) | (7.5) | (3.2) | (1.0) | (1.6) | (3.3) | (1.7) | (0.9) | (0.5) | (0.9) | (0.9) | (0.7) | (0.9) | (3.0) | 0.2 | 0.3 | 0.4 | - | 0.3 | 0.3 | - | - | 0.0 | (0.0) | - | 0.0 |
| Non-Operating | ||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.4 | - | - | - | 0.1 | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Non-Operating Income | (0.2) | (1.8) | (1.4) | (0.8) | (0.1) | 3.9 | 0.1 | (0.0) | 0.0 | 0.4 | (0.0) | (0.0) | (0.4) | 0.0 | (0.0) | (0.0) | (0.0) | |||||||||
| Pre-Tax Income | - | - | (4.7) | (1.8) | (1.7) | 0.6 | (1.6) | (0.9) | (0.5) | (0.5) | (0.9) | (0.7) | (1.3) | (3.0) | 0.2 | 0.3 | 0.4 | |||||||||
| 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 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (2.9) | (9.3) | (4.7) | (1.8) | (1.7) | 0.6 | (1.6) | (0.9) | (0.5) | (0.7) | (1.1) | (0.7) | (1.3) | (3.0) | 0.2 | 0.3 | 0.4 | |||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income | (2.9) | (9.3) | (4.7) | (1.8) | (1.7) | 0.6 | (1.6) | (0.9) | (0.5) | (0.7) | (1.1) | (0.7) | (1.3) | (3.0) | 0.2 | 0.3 | 0.4 | |||||||||
| Net Income Attributable To Parent | (2.9) | (9.3) | (4.7) | (1.8) | (1.7) | 0.6 | (1.6) | (0.9) | (0.5) | (0.5) | (0.9) | (0.7) | (1.3) | (3.0) | 0.2 | 0.3 | ||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income To Common Shareholders | (4.5) | (10.4) | (18.7) | (1.8) | (1.7) | 0.6 | (1.6) | (7.5) | (0.5) | (0.5) | (0.9) | (0.7) | (1.3) | (3.0) | 0.2 | |||||||||||
| Per Share | ||||||||||||||||||||||||||
| EPS Basic | - | - | (0.27) | (0.12) | (0.12) | - | (0.13) | (0.09) | (0.06) | - | (0.11) | (0.09) | (0.14) | - | 0.04 | 0.07 | 0.08 | - | 0.03 | 0.07 | - | - | - | - | - | - |
| EPS Diluted | - | - | (0.27) | (0.12) | (0.12) | - | (0.13) | (0.09) | (0.06) | - | (0.11) | (0.09) | (0.14) | - | 0.04 | 0.07 | 0.08 | - | ||||||||
| Shares Basic | 27.3 | - | 17.1 | 14.3 | 14.3 | - | 12.7 | 10.6 | 9.2 | - | 7.9 | 7.9 | 9.0 | - | 4.9 | 4.9 | - | - | ||||||||
| Shares Diluted | 27.3 | - | 17.1 | 14.3 | 14.3 | - | 12.7 | 10.6 | 9.2 | - | 7.9 | 7.9 | - | - | 4.9 | - | - | - | ||||||||
| Supplementary Data | ||||||||||||||||||||||||||
| EBITDA | (2.7) | (7.3) | (2.9) | (0.6) | (1.3) | (3.0) | (1.5) | (0.7) | (0.4) | (0.0) | (0.7) | (0.6) | (0.8) | (3.3) | 0.3 | 0.4 | 0.5 | - | 0.4 | 0.4 | - | - | 0.0 | (0.0) | - | 0.0 |
| EBIT | (2.8) | (7.5) | (3.2) | (1.0) | (1.6) | (3.3) | (1.7) | (0.9) | (0.5) | (0.9) | (0.9) | (0.7) | (0.9) | (3.0) | 0.2 | 0.3 | 0.4 | - | 0.3 | |||||||
| - |
| - |
| - |
| Selling & Marketing | 1.7 | 1.8 | 1.8 | 2.0 | 1.7 | 0.4 | - | - |
| General & Administrative | 8.1 | 8.1 | 3.6 | 2.1 | 0.9 | 0.7 | 0.2 | 0.0 |
| Depreciation & Amortization | 1.0 | 1.1 | 1.0 | 1.2 | 0.0 | 0.4 | 0.0 | 0.0 |
| Amortization of Intangibles | - | 0.6 | 0.4 | 0.2 | 0.2 | 0.2 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 14.4 | 14.5 | 6.9 | 6.2 | 4.0 | 1.5 | 1.2 | 0.0 |
| - |
| - |
| Income From Equity Investments | - | - | - | 0.0 | 0.0 | - | - | - |
| Other Non-Operating Income | (4.2) | (4.2) | 3.9 | 0.0 | (0.0) | (0.0) | - | - |
| Pre-Tax Income | - | - | (2.5) | (3.3) | (2.1) | 0.6 | - | - |
| 0.6 |
| 0.0 |
| (0.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (18.7) | (17.5) | (2.5) | (3.8) | (2.1) | 0.6 | 0.0 | (0.0) |
| Net Income Attributable To Parent | (18.7) | (17.5) | (2.5) | (3.3) | (2.1) | 0.6 | 0.0 | (0.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (35.3) | (32.6) | (9.1) | (3.3) | (2.1) | 0.6 | 0.0 | (0.0) |
| 0.01 |
| - |
| Shares Basic | 27.3 | 17.1 | 11.6 | 8.9 | 5.7 | 4.9 | - | - |
| Shares Diluted | 27.3 | 17.1 | 11.6 | 8.9 | 5.6 | 4.9 | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.2 |
| 0.4 |
| 0.1 |
| (0.6) |
| 0.3 |
| 0.5 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| 0.2 |
| 0.4 |
| 0.4 |
| 0.5 |
| 0.1 |
| 0.3 |
| 0.5 |
| 0.3 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.0) |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| (0.1) |
| 0.2 |
| 0.3 |
| 0.2 |
| - |
| 0.0 |
| (0.0) |
| (0.1) |
| - |
| (0.1) |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.1 |
| (0.2) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.1 |
| (0.2) |
| 0.0 |
| 0.4 |
| (0.0) |
| 0.2 |
| 0.3 |
| 0.1 |
| 0.2 |
| 0.0 |
| (0.0) |
| (0.2) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| 0.4 |
| (0.0) |
| 0.2 |
| 0.3 |
| 0.1 |
| 0.2 |
| 0.0 |
| (0.0) |
| (0.2) |
| 0.0 |
| 0.03 |
| - |
| 0.02 |
| - |
| - |
| - |
| - |
| - |
| 4.9 |
| 4.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| 0.0 |
| (0.0) |
| - |
| 0.0 |