| (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 | Q3 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 24.5 | 17.5 | 70.7 | 93.8 | 61.5 | 42.8 | 13.3 | 3.8 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (109.9) | (102.3) | (100.9) | (125.5) | (104.0) | (64.0) | (20.0) | (5.4) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | 0.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | - | - | - | - | - | - |
| Net Income From Continuing Ops | (129.4) | (105.6) | (96.9) | (117.7) | (95.6) | |||
| Per Share | ||||||||
| EPS Basic | (6.80) | (24.70) | (25.19) | (3.09) | (2.53) | (1.49) | - | - |
| EPS Diluted | (6.80) | (24.70) | (25.19) | (3.09) | (2.53) | (1.49) | ||
| Supplementary Data | ||||||||
| EBITDA | (109.0) | (101.3) | (99.9) | (124.5) | (103.2) | (63.5) | (20.0) | (5.4) |
| EBIT | (109.9) | (102.3) | (100.9) | (125.5) | (104.0) | (64.0) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||
| Research & Development | 11.3 | 6.7 | 2.8 | 3.7 | 4.3 | 9.4 | 17.9 | 22.2 | 21.2 | 23.7 | 27.2 | 21.6 | 21.3 | 15.2 | 17.0 | 14.8 | 14.5 | 12.6 | 10.7 | 12.0 | 7.4 | 5.2 | 5.8 | 1.7 | 0.6 | 1.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| General & Administrative | 6.9 | 3.8 | 4.0 | 3.6 | 5.2 | 6.2 | 7.6 | 5.9 | 6.5 | 7.0 | 7.8 | 10.0 | 8.5 | 7.7 | 7.2 | 8.8 | 8.9 | |||||||||
| Depreciation & Amortization | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | ||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Total Operating Expenses | 17.2 | 78.6 | 6.9 | 7.3 | 9.5 | 15.6 | 29.6 | 28.0 | 27.7 | 29.0 | 35.0 | 31.6 | 29.8 | 32.9 | 24.1 | 23.6 | ||||||||||
| Operating Income | ||||||||||||||||||||||||||
| Operating Income | (17.2) | (78.6) | (6.9) | (7.3) | (9.5) | (15.6) | (29.6) | (28.0) | (27.7) | (29.0) | (35.0) | (31.6) | (29.8) | (32.9) | (24.1) | (23.6) | (23.4) | (18.8) | (17.8) | (16.6) | (10.8) | (9.1) | (7.4) | (2.3) | (1.3) | (1.5) |
| Non-Operating | ||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | ||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Other Non-Operating Income | 0.6 | 0.3 | 0.3 | 0.3 | 0.4 | 0.6 | 0.9 | 1.2 | 1.4 | 1.7 | 2.1 | 2.0 | 1.8 | 1.6 | 1.0 | 0.5 | 0.2 | |||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Tax & Net | ||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (32.9) | (82.9) | (6.6) | (7.0) | (9.1) | (15.0) | (28.7) | (26.9) | (26.3) | (27.3) | (33.0) | (29.6) | (27.8) | (30.1) | (20.2) | (24.3) | (21.0) | |||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income | (32.9) | (82.9) | (6.6) | (7.0) | (9.1) | (15.0) | (28.7) | (26.9) | (26.3) | (27.3) | (33.0) | (29.6) | (27.8) | (30.1) | (20.2) | (24.3) | (21.0) | |||||||||
| Net Income Attributable To Parent | (32.9) | (82.9) | (6.6) | (7.0) | (9.1) | (15.0) | (28.7) | (26.9) | (26.3) | (27.3) | (33.0) | (29.6) | (27.8) | (30.1) | (20.2) | (24.3) | ||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Net Income To Common Shareholders | (32.9) | (82.9) | (6.6) | (7.0) | (9.1) | (15.0) | (28.7) | (26.9) | (26.3) | (27.3) | (33.0) | (29.6) | (27.8) | (30.1) | (20.2) | |||||||||||
| Per Share | ||||||||||||||||||||||||||
| EPS Basic | (1.73) | - | (1.68) | (0.18) | (2.34) | - | (7.46) | (0.70) | (0.69) | - | (0.87) | (0.78) | (0.73) | - | (0.53) | (0.65) | (0.56) | - | (0.42) | - | - | - | - | - | - | - |
| EPS Diluted | (1.73) | - | (1.68) | (0.18) | (2.34) | - | (7.46) | (0.70) | (0.69) | - | (0.87) | (0.78) | (0.73) | - | (0.53) | (0.65) | (0.56) | - | ||||||||
| Shares Basic | 19.0 | - | 3.9 | 39.1 | 3.9 | - | 3.9 | 38.4 | 38.3 | - | 38.1 | 38.0 | 37.9 | - | 37.8 | 37.7 | 37.6 | - | ||||||||
| Shares Diluted | 19.0 | - | 3.9 | 39.1 | 3.9 | - | 3.9 | 38.4 | 38.3 | - | 38.1 | 38.0 | 37.9 | - | 37.8 | 37.7 | 37.6 | - | ||||||||
| Supplementary Data | ||||||||||||||||||||||||||
| EBITDA | (17.0) | (78.2) | (6.7) | (7.1) | (9.3) | (15.2) | (29.4) | (27.8) | (27.4) | (28.8) | (34.8) | (31.4) | (29.5) | (32.7) | (23.9) | (23.3) | (23.2) | (18.7) | (17.7) | (16.5) | (10.7) | (9.1) | (7.4) | (2.3) | (1.3) | - |
| EBIT | (17.2) | (78.6) | (6.9) | (7.3) | (9.5) | (15.6) | (29.6) | (28.0) | (27.7) | (29.0) | (35.0) | (31.6) | (29.8) | (32.9) | (24.1) | (23.6) | (23.4) | (18.8) | (17.8) | |||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 18.3 | 16.7 | 26.1 | 33.3 | 32.6 | 21.2 | 6.7 | 1.7 |
| Depreciation & Amortization | 1.0 | 1.0 | 1.0 | 1.0 | 0.8 | 0.5 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 109.9 | 102.3 | 100.9 | 125.5 | 104.0 | 64.0 | 20.0 | 5.4 |
| 0.4 |
| 0.3 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.4 | 1.2 | 4.0 | 7.6 | 3.2 | 0.3 | (1.3) | (0.5) |
| Pre-Tax Income | - | - | - | - | - | - | (20.0) | (5.2) |
| (54.9) |
| (20.0) |
| (5.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (129.4) | (105.6) | (96.9) | (117.7) | (95.6) | (54.9) | (20.0) | (5.2) |
| Net Income Attributable To Parent | (129.4) | (105.6) | (96.9) | (117.7) | (95.6) | (54.9) | (20.0) | (5.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (129.4) | (105.6) | (96.9) | (117.7) | (95.6) | (54.9) | (20.0) | (5.2) |
| - |
| - |
| Shares Basic | 19.0 | 4.3 | 3.8 | 38.0 | 37.7 | 36.9 | - | - |
| Shares Diluted | 19.0 | 4.3 | 3.8 | 38.0 | 37.7 | 36.9 | - | - |
| (20.0) |
| (5.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.2 |
| 7.1 |
| 4.6 |
| 3.3 |
| 3.9 |
| 1.6 |
| 0.6 |
| 0.7 |
| 0.5 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.4 |
| 18.8 |
| 17.8 |
| 16.6 |
| 10.8 |
| 9.1 |
| 7.4 |
| 2.3 |
| 1.3 |
| 1.5 |
| 0.0 |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| (1.1) |
| 0.3 |
| (0.6) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.3) |
| (15.7) |
| (14.0) |
| (8.9) |
| (7.7) |
| (8.5) |
| (2.0) |
| (1.8) |
| (1.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.3) |
| (15.7) |
| (14.0) |
| (8.9) |
| (7.7) |
| (8.5) |
| (2.0) |
| (1.8) |
| (1.5) |
| (21.0) |
| (16.3) |
| (15.7) |
| (14.0) |
| (8.9) |
| (7.7) |
| (8.5) |
| (2.0) |
| (1.8) |
| (1.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.3) |
| (21.0) |
| (16.3) |
| (15.7) |
| (14.0) |
| (8.9) |
| (7.7) |
| (8.5) |
| (2.0) |
| (1.8) |
| (1.5) |
| (0.42) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 37.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 37.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.6) |
| (10.8) |
| (9.1) |
| (7.4) |
| (2.3) |
| (1.3) |
| (1.5) |