| (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 | Q2 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 1.9 | 1.6 | 12.5 | 5.0 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 21.0 | 19.1 | 0.0 | - | - | - | - |
| Cost of Revenue | - | 0.4 | 0.0 | - | - | - | - |
| Gross Profit | - | 18.7 | 0.0 | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 12.9 | 18.7 | 29.8 | 59.5 | 72.8 | 37.9 | 9.1 |
| Selling General & Administrative | 125.0 | 91.1 | 28.8 | 12.9 | - | ||
| Operating Income | |||||||
| Operating Income | (118.3) | (91.1) | (58.6) | (72.4) | (105.6) | (60.4) | (13.5) |
| Non-Operating | |||||||
| Interest Income | 10.1 | 9.8 | 8.6 | 2.2 | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.5 | 0.0 | (0.2) | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (109.0) | (82.1) | (49.8) | (124.7) | (101.1) | (70.8) | |
| Per Share | |||||||
| EPS Basic | (3.48) | (2.85) | (2.34) | (35.71) | (1.84) | (2.45) | - |
| EPS Diluted | (3.48) | (2.85) | (2.34) | (35.71) | (1.84) | (2.45) | - |
| Supplementary Data | |||||||
| EBITDA | - | (90.9) | (58.6) | (72.4) | (103.3) | (59.7) | (13.4) |
| EBIT | (118.3) | (91.1) | (58.6) | (72.4) | (105.6) | (60.4) | (13.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 1.1 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0.8 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 0.0 | 0.0 | 3.8 | 9.1 | 5.8 | 5.9 | 6.5 | 6.9 | 10.5 | 19.5 | 17.0 | 12.6 | 10.3 | 18.5 | 18.3 | 17.8 | 18.2 | 11.2 | 8.7 | 12.7 | 5.4 | 2.3 | 0.4 |
| Selling General & Administrative | 45.0 | 39.6 | 27.6 | 12.8 | 11.1 | 9.4 | 6.5 | 7.4 | 5.6 | 5.5 | 2.9 | 2.3 | 2.3 | - | - | - | |||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | 14.6 | 11.3 | 7.5 | 7.6 | 8.3 | 7.9 | 9.0 | 7.7 | ||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.0 | - | - | - | 0.0 | (1.6) | 0.8 | 0.8 | 0.0 | 0.6 | 0.7 | 0.6 | |||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 46.0 | 40.1 | 31.4 | 21.9 | 16.9 | 15.2 | 12.9 | 14.4 | 16.1 | 25.0 | 19.9 | 15.0 | 12.6 | 26.8 | 26.2 | 26.8 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (44.1) | (38.5) | (18.9) | (16.9) | (16.9) | (15.2) | (12.9) | (14.4) | (16.1) | (25.0) | (19.9) | (15.0) | (12.6) | (26.8) | (26.2) | (26.8) | (26.0) | (18.9) | (14.6) | (17.5) | (9.4) | (3.8) | (1.3) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | 2.6 | 3.0 | 2.2 | 2.2 | 2.3 | 2.6 | 2.7 | 2.5 | 0.8 | 0.9 | 1.1 | 0.3 | 0.0 | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | 2.6 | 2.6 | 2.2 | 2.4 | 2.3 | 2.6 | 2.7 | 4.1 | (0.6) | 1.1 | 1.0 | 0.2 | (0.1) | 2.2 | 1.5 | 0.8 | 0.1 | ||||||
| Pre-Tax Income | - | - | (16.7) | (14.4) | - | - | (10.2) | (10.3) | - | - | - | - | - | - | - | - | - | ||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | - | - | 0.0 | 0.5 | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (41.5) | (35.9) | (16.7) | (14.9) | (14.6) | (12.7) | (10.2) | (10.3) | (16.6) | (67.1) | (18.9) | (14.7) | (23.9) | (24.6) | (24.7) | (25.9) | (25.8) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (41.5) | (35.9) | (16.7) | (14.9) | (14.6) | (12.7) | (10.2) | (10.3) | (16.6) | (67.1) | (18.9) | (14.7) | (23.9) | (24.6) | (24.7) | (25.9) | (25.8) | ||||||
| Net Income Attributable To Parent | (41.5) | (35.9) | (16.7) | (14.9) | (14.6) | (12.7) | (10.2) | (10.3) | (16.6) | (23.7) | (18.9) | (14.7) | (12.7) | (24.6) | (24.7) | (25.9) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (41.5) | (35.9) | (16.7) | (14.9) | (14.6) | (12.7) | (10.2) | (10.3) | (16.6) | (23.7) | (18.9) | (14.7) | (12.7) | (24.6) | (24.7) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (1.32) | - | (0.59) | (0.53) | (0.53) | - | (0.38) | (0.40) | (3.53) | - | (9.62) | (7.53) | (6.50) | - | (0.45) | (0.48) | (0.48) | - | (0.28) | (3.45) | - | - | - |
| EPS Diluted | (1.32) | - | (0.59) | (0.53) | (0.53) | - | (0.38) | (0.40) | (3.53) | - | (9.62) | (7.53) | (6.50) | - | (0.45) | (0.48) | (0.48) | - | |||||
| Shares Basic | 31.4 | - | 28.5 | 28.1 | 27.5 | - | 27.2 | 25.6 | 4.7 | - | 2.0 | 2.0 | 2.0 | - | 55.2 | 54.6 | 54.0 | - | |||||
| Shares Diluted | 31.4 | - | 28.5 | 28.1 | 27.5 | - | 27.2 | 25.6 | 4.7 | - | 2.0 | 2.0 | 2.0 | - | 55.2 | 54.6 | 54.0 | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (44.0) | - | - | - | (16.9) | - | - | - | (16.1) | (26.6) | (19.1) | (14.2) | (12.6) | (26.1) | (25.5) | (26.2) | (25.5) | (18.6) | (14.4) | (17.4) | (9.3) | (3.8) | (1.3) |
| EBIT | (44.1) | (38.5) | (18.9) | (16.9) | (16.9) | (15.2) | (12.9) | (14.4) | (16.1) | (25.0) | (19.9) | (15.0) | (12.6) | (26.8) | (26.2) | (26.8) | (26.0) | (18.9) | (14.6) | ||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | 41.0 | 32.9 | 22.5 | 4.4 |
| Depreciation & Amortization | - | 0.3 | 0.1 | 0.0 | 2.4 | 0.7 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 139.3 | 110.2 | 58.6 | 72.4 | 105.6 | 60.4 | 13.5 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 9.8 | 9.5 | 8.8 | 2.3 | 4.6 | (10.3) | (54.9) |
| Pre-Tax Income | - | (81.6) | (49.8) | (70.1) | - | - | - |
| (68.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (109.0) | (82.1) | (49.8) | (124.7) | (101.1) | (70.8) | (68.4) |
| Net Income Attributable To Parent | (109.0) | (82.1) | (49.8) | (70.0) | (101.1) | (70.8) | (68.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (109.0) | (82.1) | (49.8) | (70.0) | (101.1) | (70.8) | (68.4) |
| Shares Basic | 31.4 | 28.8 | 21.3 | 2.0 | 54.9 | 28.9 | - |
| Shares Diluted | 31.4 | 28.8 | 21.3 | 2.0 | 54.9 | 28.9 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.7 |
| 5.9 |
| 4.9 |
| 4.0 |
| 1.5 |
| 0.9 |
| 0.4 |
| 0.3 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.0 |
| 18.9 |
| 14.6 |
| 17.5 |
| 9.4 |
| 3.8 |
| 1.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| (10.3) |
| 0.4 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.9) |
| (14.6) |
| (17.5) |
| (19.7) |
| (3.4) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.9) |
| (14.6) |
| (17.5) |
| (19.7) |
| (3.4) |
| (1.3) |
| (25.8) |
| (18.9) |
| (14.6) |
| (17.5) |
| (19.7) |
| (3.4) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (25.9) |
| (25.8) |
| (18.9) |
| (14.6) |
| (17.5) |
| (19.7) |
| (3.4) |
| (1.3) |
| (0.28) |
| (3.45) |
| - |
| - |
| - |
| 52.8 |
| 5.1 |
| - |
| - |
| - |
| 52.8 |
| 5.1 |
| - |
| - |
| - |
| (17.5) |
| (9.4) |
| (3.8) |
| (1.3) |