| (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 | 1.3 | 1.5 | 1.2 | 1.2 | 0.8 | 1.2 | 1.2 | 1.0 | 1.0 | 1.0 | 0.8 | 0.2 | 0.4 | - | 0.1 | - | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 5.1 | 4.7 | 4.3 | 2.4 | 0.4 | 0.5 | - |
| Cost of Revenue | - | 6.7 | 7.1 | - | 100.0 | 0.6 | - |
| Gross Profit | - | (2.0) | (2.8) | - | (99.6) | (0.1) | - |
| Operating Expenses | |||||||
| Research & Development | 5.5 | 5.7 | 6.0 | 7.3 | 11.3 | 9.3 | 5.4 |
| Selling General & Administrative | - | - | - | - | - | 0.0 | |
| Operating Income | |||||||
| Operating Income | (49.3) | (49.6) | (46.1) | (48.5) | (56.3) | (27.4) | (8.3) |
| Non-Operating | |||||||
| Interest Income | 0.4 | 0.4 | 0.3 | 0.4 | 0.1 | - | - |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.4 | 0.0 | 0.7 | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (45.0) | (58.0) | (45.5) | (52.7) | (56.2) | (28.1) | |
| Per Share | |||||||
| EPS Basic | (0.42) | (0.69) | (1.05) | (1.26) | (1.55) | (1.51) | - |
| EPS Diluted | - | - | (1.05) | (1.26) | (1.55) | - | - |
| Supplementary Data | |||||||
| EBITDA | - | (48.8) | (44.9) | (46.0) | (54.3) | (27.4) | - |
| EBIT | (49.3) | (49.6) | (46.1) | (48.5) | (56.3) | (27.4) | (8.3) |
| 0.2 |
| - |
| 0.2 |
| - |
| - |
| - |
| Cost of Revenue | 1.6 | - | - | - | 1.6 | - | - | - | - | - | - | - | - | - | - | - | 0.4 | - | 0.1 | - | - | - |
| Gross Profit | (0.4) | - | - | - | (0.7) | - | - | - | - | - | - | - | - | - | - | - | (0.2) | - | 0.1 | - | - | - |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 1.2 | 1.7 | 1.3 | 1.3 | 1.4 | 1.5 | 1.7 | 1.4 | 1.5 | 1.9 | 1.6 | 1.8 | 1.9 | 2.2 | 2.7 | 3.4 | 2.9 | 3.5 | 2.2 | 1.9 | 1.8 | 1.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Selling & Marketing | 5.0 | 5.3 | 4.3 | 4.0 | 4.1 | 4.0 | 4.1 | 4.2 | 4.2 | 4.4 | 3.8 | 4.0 | 4.1 | 5.0 | 3.9 | 3.9 | 3.3 | |||||
| General & Administrative | 5.4 | 6.5 | 5.6 | 5.6 | 6.2 | 5.9 | 5.4 | 4.9 | 4.1 | 4.2 | 4.3 | 3.8 | 6.9 | 5.7 | 5.7 | 6.7 | 5.9 | |||||
| Depreciation & Amortization | 0.2 | - | - | - | 0.2 | - | - | - | 0.5 | - | - | - | 0.6 | - | - | - | ||||||
| Amortization of Intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | - | 0.5 | 0.6 | - | |||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | (0.8) | - | - | - | - | |||||
| Total Operating Expenses | 13.4 | 15.5 | 13.0 | 12.5 | 13.3 | 13.6 | 12.9 | 12.2 | 11.8 | 12.5 | 11.9 | 11.7 | 14.8 | 15.1 | 14.5 | 14.6 | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (12.1) | (14.0) | (11.8) | (11.4) | (12.5) | (12.4) | (11.7) | (11.2) | (10.8) | (11.5) | (11.1) | (11.6) | (14.3) | (15.0) | (14.4) | (14.6) | (12.3) | (11.2) | (6.5) | (6.0) | (3.7) | (2.0) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - | - |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.0 | - | - | - | - | - | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | (1.8) | (2.3) | 1.4 | 6.9 | (14.4) | 0.8 | (0.7) | 0.2 | 0.2 | 0.6 | (3.1) | 0.2 | (1.9) | 0.0 | 0.0 | 0.0 | 0.0 | |||||
| Pre-Tax Income | (13.9) | (16.3) | (10.4) | (4.4) | (26.9) | (11.5) | (12.4) | (11.0) | (10.6) | (10.8) | (14.2) | (11.4) | (16.2) | (14.9) | (14.3) | (14.6) | ||||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (13.9) | (16.3) | (10.4) | (4.4) | (26.9) | (11.5) | (12.4) | (11.0) | (10.6) | (10.8) | (14.2) | (11.4) | (16.2) | (14.9) | (14.3) | (14.6) | (12.3) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (13.9) | (16.3) | (10.4) | (4.4) | (26.9) | (11.5) | (12.4) | (11.0) | (10.6) | (10.8) | (14.2) | (11.4) | (16.2) | (14.9) | (14.3) | (14.6) | (12.3) | |||||
| Net Income Attributable To Parent | (13.9) | (16.3) | (10.4) | (4.4) | (26.9) | (11.5) | (12.4) | (11.0) | (10.6) | (10.8) | (14.2) | (11.4) | (16.2) | (14.9) | (14.3) | (14.6) | ||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | 9.7 | - | - | 3.4 | 9.1 | - | - | - | 7.5 | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (23.6) | (16.3) | (10.4) | (7.9) | (36.0) | (11.5) | (12.4) | (11.0) | (18.1) | (10.8) | (14.2) | (11.4) | (16.2) | (14.9) | (14.3) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (0.17) | - | (0.10) | (0.08) | (0.52) | - | (0.25) | (0.23) | (0.40) | - | (0.34) | (0.27) | (0.40) | - | (0.39) | (0.41) | (0.35) | - | (0.49) | (0.44) | (0.26) | - |
| EPS Diluted | - | - | (0.10) | (0.08) | (0.52) | - | (0.25) | (0.23) | (0.40) | - | (0.34) | (0.27) | (0.40) | - | (0.39) | (0.41) | - | - | ||||
| Shares Basic | 140.1 | - | 108.2 | 99.0 | 68.8 | - | 50.4 | 48.2 | 45.0 | - | 41.9 | 41.8 | 41.0 | - | 36.4 | 35.8 | 35.1 | - | ||||
| Shares Diluted | - | - | 108.2 | 99.0 | 68.8 | - | 50.4 | 48.2 | 45.0 | - | 41.9 | 41.8 | 41.0 | - | 36.4 | 35.8 | - | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (11.9) | - | - | - | (12.3) | - | - | - | (10.3) | - | - | - | (13.7) | - | - | - | (12.2) | - | - | - | (3.7) | - |
| EBIT | (12.1) | (14.0) | (11.8) | (11.4) | (12.5) | (12.4) | (11.7) | (11.2) | (10.8) | (11.5) | (11.1) | (11.6) | (14.3) | (15.0) | (14.4) | (14.6) | (12.3) | (11.2) | (6.5) | |||
| 0.0 |
| Selling & Marketing | 18.6 | 17.7 | 16.5 | 16.4 | 16.1 | 5.3 | 1.3 |
| General & Administrative | 23.1 | 23.9 | 20.2 | 19.3 | 24.0 | 12.8 | 1.5 |
| Depreciation & Amortization | - | 0.9 | 1.2 | 2.5 | 1.9 | 0.0 | - |
| Amortization of Intangibles | 0.4 | 0.4 | 0.7 | 2.0 | 1.6 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 54.4 | 54.3 | 50.4 | 50.9 | 56.6 | 27.9 | 8.3 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 4.3 | (8.4) | 0.5 | (4.2) | 0.1 | (0.7) | - |
| Pre-Tax Income | (45.0) | (58.0) | (45.5) | (52.7) | (56.2) | (28.1) | (8.3) |
| (8.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (45.0) | (58.0) | (45.5) | (52.7) | (56.2) | (28.1) | (8.3) |
| Net Income Attributable To Parent | (45.0) | (58.0) | (45.5) | (52.7) | (56.2) | (28.1) | (8.3) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | 7.5 | - | - | - | - |
| Net Income To Common Shareholders | (58.2) | (70.6) | (53.0) | (52.7) | (56.2) | (28.1) | (8.3) |
| Shares Basic | 140.1 | 101.9 | 50.5 | 41.8 | 36.2 | 18.6 | - |
| Shares Diluted | - | - | 50.5 | 41.8 | 36.2 | - | - |
| - |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 2.6 |
| 0.9 |
| 1.0 |
| 0.7 |
| - |
| 5.0 |
| 3.5 |
| 3.1 |
| 1.2 |
| 0.5 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| 1.0 |
| - |
| - |
| 0.3 |
| 12.5 |
| 11.5 |
| 6.7 |
| 6.0 |
| 3.7 |
| 2.0 |
| 0.4 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.4) |
| (0.1) |
| - |
| - |
| (12.3) |
| (11.3) |
| (7.0) |
| (6.2) |
| (3.7) |
| (2.0) |
| (11.3) |
| (7.0) |
| (6.2) |
| (3.7) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| (11.3) |
| (7.0) |
| (6.2) |
| (3.7) |
| (2.0) |
| (12.3) |
| (11.3) |
| (7.0) |
| (6.2) |
| (3.7) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.6) |
| (12.3) |
| (11.3) |
| (7.0) |
| (6.2) |
| (3.7) |
| (2.0) |
| - |
| - |
| - |
| - |
| 14.1 |
| 14.1 |
| 14.1 |
| - |
| - |
| - |
| - |
| - |
| (6.0) |
| (3.7) |
| (2.0) |