| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | 0.2 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 16.4 | 18.1 | 14.4 | 31.1 | 39.8 | 38.7 | 34.5 | 42.0 | 16.8 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (65.3) | (62.1) | (42.1) | (61.1) | (59.6) | (43.1) | (50.7) | (57.9) | (23.8) |
| Non-Operating | |||||||||
| Interest Income | 4.0 | 2.9 | 4.2 | 4.0 | - | - | - | - | - |
| Interest Expense | 7.0 | 3.8 | 3.6 | 2.6 | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | - | - | - | - | - | - | (0.0) | (0.1) | 0.1 |
| Net Income From Continuing Ops | (68.4) | (63.1) | (41.5) | (59.7) | |||||
| Per Share | |||||||||
| EPS Basic | - | (0.75) | (0.67) | (1.39) | (1.38) | (1.02) | (1.70) | - | - |
| EPS Diluted | - | (0.75) | (0.67) | (1.39) | (1.38) | ||||
| Supplementary Data | |||||||||
| EBITDA | - | (62.0) | (42.0) | (61.0) | (59.6) | (43.0) | (50.6) | (57.8) | (23.8) |
| EBIT | (65.3) | (62.1) | (42.1) | (61.1) | (59.6) | ||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0.2 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 3.3 | 5.5 | 3.9 | 3.7 | 5.0 | 3.9 | 4.0 | 2.8 | 3.6 | 5.5 | 6.7 | 8.6 | 10.3 | 10.6 | 9.8 | 10.7 | 8.8 | 10.9 | 9.7 | 9.4 | 8.6 | 5.8 | 8.2 | 8.6 | 11.9 | 14.1 | 9.5 | 10.5 | 7.8 | 7.3 | 3.9 | 2.6 | 3.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | 4.8 | 5.1 | 3.3 | 3.8 | 5.2 | 4.0 | 3.7 | 5.0 | 4.0 | 3.4 | 4.2 | 4.4 | 3.9 | 4.1 | 4.0 | 3.9 | 3.6 | ||||||||||||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | 23.9 | - | - | - | 20.5 | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (23.7) | (17.3) | (11.8) | (12.5) | (20.5) | (12.3) | (9.6) | (9.7) | (10.5) | (13.8) | (15.4) | (16.4) | (15.5) | (13.8) | (15.0) | (16.8) | (14.0) | (16.9) | (14.3) | 0.7 | (12.6) | (8.8) | (12.1) | (13.1) | (16.8) | (18.9) | (13.7) | (14.3) | (10.9) | (10.1) | (5.8) | (3.7) | (4.3) |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | 1.7 | 0.8 | 0.9 | 0.5 | 0.7 | 0.9 | 1.1 | 1.2 | 1.0 | 1.0 | 1.1 | 1.2 | 0.6 | - | 0.5 | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 4.1 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | 0.8 | 0.0 | - | - | - | - | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (0.0) | - | - | (0.0) | (0.1) | (0.0) | 0.0 | - | - | 0.0 | 0.0 |
| Net Income From Continuing Ops | (26.1) | (17.4) | (11.9) | (13.0) | (20.8) | (12.4) | (9.4) | (9.4) | (10.4) | (13.6) | (15.1) | (16.0) | (15.0) | (13.2) | (14.6) | (16.6) | (14.0) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (26.1) | (17.4) | (11.9) | (13.0) | (20.8) | (12.4) | (9.4) | (9.4) | (10.4) | (13.6) | (15.1) | (16.0) | (15.0) | (13.2) | (14.6) | (16.6) | (14.0) | ||||||||||||||||
| Net Income Attributable To Parent | (26.1) | (17.4) | (11.9) | (13.0) | (20.8) | (12.4) | (9.4) | (9.4) | (10.4) | (13.6) | (15.1) | (16.0) | (15.0) | (13.2) | (14.6) | (16.6) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (26.1) | (17.4) | (11.9) | (13.0) | (20.8) | (12.4) | (9.4) | (9.4) | (10.4) | (13.6) | (15.1) | (16.0) | (15.0) | (13.2) | (14.6) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.20) | - | (0.12) | (0.20) | (0.31) | - | (0.14) | (0.14) | (0.21) | - | (0.35) | (0.37) | (0.35) | - | (0.34) | (0.39) | (0.33) | - | (0.34) | 0.02 | (0.30) | - | - | (0.53) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.20) | - | (0.12) | (0.20) | (0.31) | - | (0.14) | (0.14) | (0.21) | - | (0.35) | (0.37) | (0.35) | - | (0.34) | (0.39) | (0.33) | - | |||||||||||||||
| Shares Basic | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (23.6) | - | - | - | (20.5) | - | - | - | (10.4) | - | - | - | (15.5) | - | - | - | (14.0) | - | - | - | (12.6) | - | - | - | (16.7) | - | - | - | (10.9) | - | - | - | (4.3) |
| EBIT | (23.7) | (17.3) | (11.8) | (12.5) | (20.5) | (12.3) | (9.6) | (9.7) | (10.5) | (13.8) | (15.4) | (16.4) | (15.5) | (13.8) | (15.0) | (16.8) | (14.0) | (16.9) | (14.3) | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | 16.9 | 17.3 | 16.7 | 15.9 | 15.7 | 12.4 | 10.3 | 7.0 | 3.1 |
| Depreciation & Amortization | - | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - |
| Pre-Tax Income | - | (63.1) | (41.5) | (59.7) | (58.4) | (42.9) | (50.0) | (55.3) | (23.1) |
| (58.4) |
| (42.9) |
| (50.0) |
| (55.2) |
| (23.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (68.4) | (63.1) | (41.5) | (59.7) | (58.4) | (42.9) | (50.0) | (55.2) | (23.2) |
| Net Income Attributable To Parent | (68.4) | (63.1) | (41.5) | (59.7) | (58.4) | (42.9) | (50.0) | (55.2) | (23.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (68.4) | (63.1) | (41.5) | (59.7) | (58.4) | (42.9) | (50.0) | (55.2) | (23.2) |
| (1.02) |
| (1.70) |
| - |
| - |
| Shares Basic | - | - | - | - | - | - | - | - | - |
| Shares Diluted | - | - | - | - | - | - | - | - | - |
| (43.1) |
| (50.7) |
| (57.9) |
| (23.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.8 |
| 3.0 |
| 3.0 |
| 2.6 |
| 1.7 |
| 3.0 |
| 3.0 |
| 2.7 |
| 2.3 |
| 2.1 |
| 1.6 |
| 1.0 |
| 1.2 |
| 0.6 |
| 0.8 |
| 0.4 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.2) |
| - |
| - |
| (8.7) |
| (12.0) |
| (13.0) |
| (16.3) |
| (18.3) |
| (12.9) |
| (13.7) |
| (10.4) |
| (9.7) |
| (5.7) |
| (3.6) |
| (4.2) |
| (16.9) |
| (14.2) |
| 0.8 |
| (12.5) |
| (8.7) |
| (12.0) |
| (13.0) |
| (16.3) |
| (18.3) |
| (12.8) |
| (13.7) |
| (10.5) |
| (9.7) |
| (5.7) |
| (3.6) |
| (4.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.9) |
| (14.2) |
| 0.8 |
| (12.5) |
| (8.7) |
| (12.0) |
| (13.0) |
| (16.3) |
| (18.3) |
| (12.8) |
| (13.7) |
| (10.5) |
| (9.7) |
| (5.7) |
| (3.6) |
| (4.2) |
| (14.0) |
| (16.9) |
| (14.2) |
| 0.8 |
| (12.5) |
| (8.7) |
| (12.0) |
| (13.0) |
| (16.3) |
| (18.3) |
| (12.8) |
| (13.7) |
| (10.5) |
| (9.7) |
| (5.7) |
| (3.6) |
| (4.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.6) |
| (14.0) |
| (16.9) |
| (14.2) |
| 0.8 |
| (12.5) |
| (8.7) |
| (12.0) |
| (13.0) |
| (16.3) |
| (18.3) |
| (12.8) |
| (13.7) |
| (10.5) |
| (9.7) |
| (5.7) |
| (3.6) |
| (4.2) |
| (0.34) |
| 0.02 |
| (0.30) |
| - |
| - |
| (0.53) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| (12.6) |
| (8.8) |
| (12.1) |
| (13.1) |
| (16.8) |
| (18.9) |
| (13.7) |
| (14.3) |
| (10.9) |
| (10.1) |
| (5.8) |
| (3.7) |
| (4.3) |