| (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 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.2 | 0.6 | 0.6 | 1.1 | 0.8 | 0.7 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 0.3 | 0.2 | 0.2 | 1.5 | 3.6 | 3.0 | 1.6 | - |
| Cost of Revenue | 0.7 | 0.6 | 0.8 | 15.3 | 8.7 | 3.6 | 0.8 | - |
| Gross Profit | (0.4) | (0.3) | (0.6) | (13.9) | (5.1) | (0.6) | 0.8 | - |
| Operating Expenses | ||||||||
| Research & Development | 14.2 | 13.9 | 16.4 | 26.2 | 37.6 | 26.5 | 17.1 | - |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (34.0) | (31.7) | (35.8) | (87.8) | (98.8) | (63.2) | (26.5) | (0.0) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | (0.0) | 0.1 | 0.1 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (34.3) | (34.0) | (35.5) | (87.1) | (98.7) | |||
| Per Share | ||||||||
| EPS Basic | (0.76) | (1.47) | (4.89) | (14.95) | (18.82) | (0.60) | (0.26) | - |
| EPS Diluted | (0.76) | - | - | (14.95) | (18.82) | (0.60) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (31.6) | (35.7) | (86.2) | (97.4) | (62.2) | (25.6) | - |
| EBIT | (34.0) | (31.7) | (35.8) | (87.8) | (98.8) | (63.2) | ||
| 1.1 |
| 1.8 |
| 0.1 |
| 0.7 |
| 0.3 |
| 1.1 |
| Cost of Revenue | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.3 | 0.2 | 0.3 | 6.7 | 4.5 | 1.9 | 2.3 | 3.1 | 2.7 | 1.4 | 1.5 | 2.1 | 0.5 | 0.5 | 0.6 | 0.3 |
| Gross Profit | (0.1) | (0.2) | (0.1) | (0.1) | (0.0) | (0.0) | (0.2) | (0.1) | (0.2) | (6.6) | (4.3) | (1.3) | (1.6) | (2.0) | (1.9) | (0.7) | (0.4) | (0.3) | (0.3) | 0.3 | (0.3) | 0.8 |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 3.8 | 3.7 | 3.1 | 3.7 | 3.5 | 4.3 | 3.8 | 3.8 | 4.5 | 5.2 | 5.7 | 5.9 | 9.4 | 9.3 | 9.0 | 10.8 | 8.6 | 7.5 | 7.5 | 5.7 | 5.8 | 3.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | 1.0 | 0.9 | 0.6 | 0.6 | 0.4 | 0.1 | 0.1 | 0.1 | 0.3 | 1.7 | 1.9 | 2.6 | 6.3 | 4.9 | 4.5 | 5.3 | 4.6 | |||||
| General & Administrative | 4.2 | 3.6 | 4.1 | 4.3 | 2.9 | 4.7 | 3.8 | 4.2 | 5.6 | 5.0 | 5.4 | 6.3 | 8.6 | 7.7 | 7.9 | 9.8 | 11.3 | |||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.3 | 0.6 | 0.3 | 0.3 | ||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Total Operating Expenses | 8.9 | 8.3 | 7.8 | 8.6 | 6.8 | 9.0 | 7.6 | 8.1 | 10.5 | 21.9 | 12.9 | 14.8 | 24.3 | 22.0 | 21.3 | 25.9 | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (9.0) | (8.4) | (7.8) | (8.7) | (6.8) | (9.0) | (7.8) | (8.3) | (10.7) | (28.5) | (17.2) | (16.2) | (25.9) | (24.0) | (23.3) | (26.6) | (24.9) | (23.5) | (16.9) | (12.1) | (10.7) | (4.7) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | 0.7 | 1.1 | (1.5) | (0.6) | (1.2) | 0.4 | (0.9) | 0.3 | 0.5 | 0.7 | 0.2 | 0.2 | (0.4) | 0.3 | (0.3) | 0.2 | 0.0 | |||||
| Pre-Tax Income | (8.3) | - | - | - | (8.0) | (8.6) | (8.7) | (8.0) | (10.2) | (27.8) | (17.0) | (16.0) | (26.2) | - | - | - | - | |||||
| 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 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (8.3) | (7.3) | (9.3) | (9.3) | (8.0) | (8.5) | (8.7) | (8.0) | (10.2) | (27.8) | (17.0) | (16.0) | (26.3) | (23.7) | (23.6) | (26.5) | (24.9) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (8.3) | (7.3) | (9.3) | (9.3) | (8.0) | (8.5) | (8.7) | (8.0) | (10.2) | (27.8) | (17.0) | (16.0) | (26.3) | (23.7) | (23.6) | (26.5) | (24.9) | |||||
| Net Income Attributable To Parent | (8.3) | (7.3) | (9.3) | (9.3) | (8.0) | (8.5) | (8.7) | (8.0) | (10.2) | (27.8) | (17.0) | (16.0) | (26.3) | (23.7) | (23.6) | (26.5) | ||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (8.3) | (7.3) | (9.3) | (9.3) | (8.0) | (8.5) | (8.7) | (8.0) | (10.2) | (27.8) | (17.0) | (16.0) | (26.3) | (23.7) | (23.6) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (0.18) | - | (0.30) | (0.48) | (0.46) | - | (1.01) | (1.16) | (1.61) | - | (2.78) | (2.74) | (4.75) | - | (0.15) | (0.17) | (0.16) | - | (0.15) | (0.11) | (0.11) | (0.04) |
| EPS Diluted | - | - | - | - | - | - | - | - | (1.61) | - | (0.09) | (0.09) | (4.75) | - | (0.15) | (0.17) | (0.16) | - | ||||
| Shares Basic | 45.2 | - | 31.3 | 19.1 | 17.4 | - | 8.6 | 6.9 | 6.4 | - | 6.1 | 5.9 | 5.5 | - | 159.3 | 157.3 | 155.5 | - | ||||
| Shares Diluted | 45.2 | - | 31.3 | 19.1 | 17.4 | - | 8.6 | 6.9 | 6.4 | - | 6.1 | 5.9 | 5.5 | - | 159.3 | 157.3 | 155.5 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (9.0) | - | - | - | (6.8) | - | - | - | (10.7) | - | - | - | (25.6) | (23.4) | (22.9) | (26.4) | (24.7) | (23.3) | (16.6) | (11.8) | (10.5) | (4.5) |
| EBIT | (9.0) | (8.4) | (7.8) | (8.7) | (6.8) | (9.0) | (7.8) | (8.3) | (10.7) | (28.5) | (17.2) | (16.2) | (25.9) | (24.0) | (23.3) | (26.6) | (24.9) | (23.5) | (16.9) | |||
| - |
| 0.0 |
| - |
| Selling & Marketing | 3.1 | 2.5 | 0.6 | 12.5 | 19.3 | 10.5 | 3.4 | - |
| General & Administrative | 16.2 | 14.9 | 18.3 | 25.2 | 36.8 | 25.5 | 6.7 | 0.0 |
| Depreciation & Amortization | - | 0.2 | 0.1 | 1.5 | 1.4 | 1.0 | 0.9 | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 33.6 | 31.4 | 35.3 | 73.9 | 93.7 | 62.6 | 27.3 | - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (0.3) | (2.2) | 0.4 | 0.7 | 0.2 | (1.8) | (0.1) | - |
| Pre-Tax Income | - | (33.9) | (35.5) | (87.1) | - | - | (2.9) | (0.0) |
| (65.0) |
| (26.6) |
| (0.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (34.3) | (34.0) | (35.5) | (87.1) | (98.7) | (65.0) | (26.6) | (0.0) |
| Net Income Attributable To Parent | (34.3) | (34.0) | (35.5) | (87.1) | (98.7) | (65.0) | (26.6) | (0.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (34.3) | (34.0) | (35.5) | (87.1) | (98.7) | (65.0) | (2.7) | (0.0) |
| (0.26) |
| - |
| Shares Basic | 45.2 | 23.1 | 7.3 | 5.8 | 5.2 | 109.1 | 102.8 | - |
| Shares Diluted | 45.2 | 23.1 | 7.3 | 5.8 | 5.2 | 109.1 | 102.8 | - |
| (26.5) |
| (0.0) |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| 4.1 |
| 3.0 |
| 1.9 |
| 1.6 |
| 0.7 |
| 11.7 |
| 6.1 |
| 4.8 |
| 3.0 |
| 1.7 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.5 |
| 23.2 |
| 16.5 |
| 12.4 |
| 10.4 |
| 5.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.5) |
| (0.5) |
| 1.0 |
| (0.8) |
| 1.0 |
| - |
| - |
| - |
| - |
| - |
| (46.0) |
| (17.4) |
| (1.9) |
| 0.3 |
| (3.8) |
| - |
| - |
| - |
| - |
| - |
| (46.0) |
| (17.4) |
| (1.9) |
| 0.3 |
| (3.8) |
| (24.9) |
| (25.0) |
| (17.4) |
| (11.1) |
| (11.5) |
| (3.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (26.5) |
| (24.9) |
| (47.1) |
| (17.4) |
| (1.6) |
| 1.0 |
| (3.8) |
| (0.15) |
| (0.11) |
| (0.11) |
| (0.04) |
| 114.9 |
| 101.5 |
| 101.4 |
| 103.2 |
| 114.9 |
| 101.5 |
| 101.4 |
| 103.2 |
| (12.1) |
| (10.7) |
| (4.7) |