| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||
| Revenues | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||
| Research & Development | 152.7 | 154.2 | 73.3 | 27.7 | 24.3 | 38.4 | 31.4 | 20.8 | 47.9 | 40.8 | 39.9 | 54.6 | 27.4 | 9.6 | 11.5 |
| Operating Income | |||||||||||||||
| Operating Income | (172.4) | (172.5) | (90.9) | (41.8) | (36.5) | (50.5) | (42.8) | (23.2) | (61.1) | (53.0) | (58.2) | (73.8) | (35.5) | (13.8) | |
| Non-Operating | |||||||||||||||
| Interest Income | - | - | - | - | - | - | - | 2.0 | 1.9 | 1.0 | - | - | - | - | - |
| 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 |
| Per Share | |||||||||||||||
| EPS Basic | - | - | (1.32) | (0.84) | (1.37) | (2.95) | (3.57) | - | - | - | - | - | - | - | - |
| EPS Diluted | |||||||||||||||
| Supplementary Data | |||||||||||||||
| EBITDA | - | (172.1) | (90.6) | (41.4) | (36.2) | (50.1) | (42.6) | (23.1) | (60.9) | (52.8) | (58.0) | (73.7) | (35.5) | (13.8) | (13.8) |
| EBIT | |||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 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 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 25.0 | 59.4 | 44.9 | 23.4 | 26.6 | 26.7 | 13.9 | 19.7 | 12.9 | 10.6 | 6.6 | 5.9 | 4.6 | 7.2 | 5.6 | 5.6 | 5.8 | 6.3 | 14.0 | 9.1 | 9.0 | 10.6 | 6.9 | 8.9 | 5.0 | (0.0) | 8.0 | 3.1 | 9.6 | 11.5 | 11.8 | 12.2 | 12.4 | 10.9 | 9.7 | 10.5 | 9.7 | 7.3 | 10.0 | 10.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 6.1 | 4.6 | 4.6 | 4.4 | 4.6 | 4.6 | 4.3 | 4.9 | 3.8 | 3.5 | 3.8 | 3.7 | 3.1 | 3.2 | 2.9 | 3.0 | 3.1 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 31.1 | 64.0 | 49.5 | 27.8 | 31.2 | 31.3 | 18.3 | 24.6 | 16.7 | 14.2 | 10.3 | 9.6 | 7.6 | 10.4 | 8.5 | 8.7 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (31.1) | (64.0) | (49.5) | (27.8) | (31.2) | (31.3) | (18.3) | (24.6) | (16.7) | (14.2) | (10.3) | (9.6) | (7.6) | (10.4) | (8.5) | (8.7) | (8.9) | (9.1) | (16.7) | (12.5) | (12.1) | (14.4) | (10.3) | (11.4) | (6.7) | 2.4 | (8.6) | (3.7) | (13.3) | (14.7) | (15.2) | (15.6) | (15.7) | (13.4) | (12.8) | (13.5) | (13.3) | (10.5) | (14.8) | (15.1) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.3 | 0.3 | 0.5 | 0.6 | 0.6 | - | 0.6 | 0.3 | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 1.5 | 1.5 | 1.8 | 1.6 | 1.9 | 2.5 | 2.8 | 3.0 | 2.1 | 1.2 | 1.3 | 1.3 | 1.1 | 1.0 | 0.2 | 0.0 | (0.1) | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (29.6) | (62.5) | (47.7) | (26.2) | (29.3) | (28.8) | (15.5) | (21.6) | (14.7) | (13.0) | (9.1) | (8.4) | (6.5) | (9.4) | (8.3) | (8.7) | (8.9) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (29.6) | (62.5) | (47.7) | (26.2) | (29.3) | (28.8) | (15.5) | (21.6) | (14.7) | (13.0) | (9.1) | (8.4) | (6.5) | (9.4) | (8.3) | (8.7) | (8.9) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (29.6) | (62.5) | (47.7) | (26.2) | (29.3) | (28.8) | (15.5) | (21.6) | (14.7) | (13.0) | (9.1) | (8.4) | (6.5) | (9.4) | (8.3) | (8.7) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (29.6) | (62.5) | (47.7) | (26.2) | (29.3) | (28.8) | (15.5) | (21.6) | (14.7) | (13.0) | (9.1) | (8.4) | (6.5) | (9.4) | (8.3) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | - | - | (0.61) | (0.41) | (0.46) | - | (0.24) | (0.34) | (0.27) | - | (0.21) | (0.19) | (0.15) | - | (0.37) | (0.47) | (0.49) | - | (0.92) | (0.79) | (0.76) | - | (0.64) | (1.21) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | (0.61) | (0.41) | (0.46) | - | (0.24) | (0.34) | (0.27) | - | (0.21) | (0.19) | (0.15) | - | (0.37) | (0.47) | (0.49) | - | ||||||||||||||||||||||
| Shares Basic | - | - | 78.3 | 64.0 | 64.0 | - | 63.8 | 63.8 | 53.6 | - | 43.9 | 43.9 | 43.9 | - | 22.2 | 18.3 | 18.3 | - | ||||||||||||||||||||||
| Shares Diluted | - | - | 78.3 | 64.0 | 64.0 | - | 63.8 | 63.8 | 53.6 | - | 43.9 | 43.9 | 43.9 | - | 22.2 | 18.3 | 18.3 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (31.1) | - | - | - | (31.1) | - | - | - | (16.7) | - | - | - | (7.6) | - | - | - | (8.8) | - | (16.6) | - | (12.0) | - | - | - | (6.7) | - | - | - | (13.2) | - | - | - | (15.7) | - | - | - | (13.2) | - | - | - |
| EBIT | (31.1) | (64.0) | (49.5) | (27.8) | (31.2) | (31.3) | (18.3) | (24.6) | (16.7) | (14.2) | (10.3) | (9.6) | (7.6) | (10.4) | (8.5) | (8.7) | (8.9) | (9.1) | (16.7) | |||||||||||||||||||||
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 19.7 | 18.3 | 17.6 | 14.1 | 12.3 | 12.1 | 11.4 | 2.4 | 13.2 | 12.2 | 18.3 | 19.2 | 8.1 | 4.2 | 2.2 |
| Depreciation & Amortization | - | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.3 | 0.2 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 172.4 | 172.5 | 90.9 | 41.8 | 36.5 | 50.5 | 42.8 | 23.2 | 61.1 | 53.0 | 58.2 | 73.8 | 35.5 | 13.8 | 13.8 |
| (13.8) |
| Interest Expense |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.8 |
| 1.9 |
| 0.2 |
| 0.5 |
| 0.8 |
| 0.9 |
| - |
| 0.1 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 6.4 | 6.8 | 10.3 | 4.8 | 1.2 | (0.2) | 0.3 | 0.1 | (0.2) | 1.0 | 0.3 | (0.5) | (0.9) | (0.2) | (0.1) |
| Pre-Tax Income | - | (165.7) | (80.6) | (36.9) | (35.4) | (50.6) | (42.5) | (23.2) | (61.4) | (52.0) | (57.9) | (74.3) | (36.5) | (14.0) | (13.9) |
| Net Income From Continuing Ops | (166.0) | (165.7) | (80.6) | (36.9) | (35.4) | (50.6) | (42.5) | (23.1) | (61.4) | (52.0) | (57.9) | (74.3) | (36.5) | (14.0) | (13.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (166.0) | (165.7) | (80.6) | (36.9) | (35.4) | (50.6) | (42.5) | (23.1) | (61.4) | (52.0) | (57.9) | (74.3) | (36.5) | (14.0) | (13.9) |
| Net Income Attributable To Parent | (166.0) | (165.7) | (80.6) | (36.9) | (35.4) | (50.6) | (42.5) | (23.1) | (61.4) | (52.0) | (57.9) | (74.3) | (36.5) | (14.0) | (13.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (166.0) | (165.7) | (80.6) | (36.9) | (35.4) | (50.6) | (42.5) | (23.1) | (61.4) | (52.0) | (57.9) | (74.3) | (36.6) | (14.2) | (13.9) |
| - |
| - |
| (1.32) |
| (0.84) |
| (1.37) |
| (2.95) |
| (3.57) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | - | - | 61.3 | 43.9 | 25.8 | 17.2 | 11.9 | - | - | - | - | - | - | - | - |
| Shares Diluted | - | - | 61.3 | 43.9 | 25.8 | 17.2 | 11.9 | - | - | - | - | - | - | - | - |
| (172.4) |
| (172.5) |
| (90.9) |
| (41.8) |
| (36.5) |
| (50.5) |
| (42.8) |
| (23.2) |
| (61.1) |
| (53.0) |
| (58.2) |
| (73.8) |
| (35.5) |
| (13.8) |
| (13.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.8 |
| 2.7 |
| 3.4 |
| 3.1 |
| 3.8 |
| 3.4 |
| 2.5 |
| 1.7 |
| (2.4) |
| 0.6 |
| 0.6 |
| 3.6 |
| 3.2 |
| 3.3 |
| 3.4 |
| 3.3 |
| 2.4 |
| 3.1 |
| 3.0 |
| 3.6 |
| 3.2 |
| 4.8 |
| 4.9 |
| 0.1 |
| - |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.9 |
| 9.1 |
| 16.7 |
| 12.5 |
| 12.1 |
| 14.4 |
| 10.3 |
| 11.4 |
| 6.7 |
| (2.4) |
| 8.6 |
| 3.7 |
| 13.3 |
| 14.7 |
| 15.2 |
| 15.6 |
| 15.7 |
| 13.4 |
| 12.8 |
| 13.5 |
| 13.3 |
| 10.5 |
| 14.8 |
| 15.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.5 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.1) |
| (0.1) |
| 0.0 |
| 0.2 |
| 0.1 |
| 0.1 |
| (0.0) |
| (0.1) |
| (0.0) |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.1 |
| (0.2) |
| (0.3) |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.3 |
| 0.0 |
| 0.2 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.1) |
| (16.8) |
| (12.6) |
| (12.1) |
| (14.2) |
| (10.3) |
| (11.3) |
| (6.7) |
| 2.3 |
| (8.6) |
| (3.7) |
| (13.1) |
| (14.6) |
| (15.1) |
| (15.8) |
| (16.0) |
| (13.1) |
| (12.6) |
| (13.3) |
| (13.0) |
| (10.4) |
| (14.7) |
| (15.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.1) |
| (16.8) |
| (12.6) |
| (12.1) |
| (14.2) |
| (10.3) |
| (11.3) |
| (6.7) |
| 2.3 |
| (8.6) |
| (3.7) |
| (13.1) |
| (14.6) |
| (15.1) |
| (15.8) |
| (16.0) |
| (13.1) |
| (12.6) |
| (13.3) |
| (13.0) |
| (10.4) |
| (14.7) |
| (15.0) |
| (8.9) |
| (9.1) |
| (16.8) |
| (12.6) |
| (12.1) |
| (14.2) |
| (10.3) |
| (11.3) |
| (6.7) |
| (6.1) |
| (8.6) |
| (3.7) |
| (4.7) |
| (14.6) |
| (15.1) |
| (15.8) |
| (16.0) |
| (13.1) |
| (12.6) |
| (13.3) |
| (13.0) |
| (10.4) |
| (14.7) |
| (15.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.7) |
| (8.9) |
| (9.1) |
| (16.8) |
| (12.6) |
| (12.1) |
| (14.2) |
| (10.3) |
| (11.3) |
| (6.7) |
| (6.1) |
| (8.6) |
| (3.7) |
| (4.7) |
| (14.6) |
| (15.1) |
| (15.8) |
| (16.0) |
| (13.1) |
| (12.6) |
| (13.3) |
| (13.0) |
| (10.4) |
| (14.7) |
| (15.0) |
| (0.92) |
| (0.79) |
| (0.76) |
| - |
| (0.64) |
| (1.21) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.3 |
| 16.0 |
| 16.0 |
| - |
| 16.0 |
| 9.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.3 |
| 16.0 |
| 16.0 |
| - |
| 16.0 |
| 9.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.5) |
| (12.1) |
| (14.4) |
| (10.3) |
| (11.4) |
| (6.7) |
| 2.4 |
| (8.6) |
| (3.7) |
| (13.3) |
| (14.7) |
| (15.2) |
| (15.6) |
| (15.7) |
| (13.4) |
| (12.8) |
| (13.5) |
| (13.3) |
| (10.5) |
| (14.8) |
| (15.1) |