| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| Operating Expenses | ||||||
| Research & Development | 220.9 | 202.9 | 112.8 | 31.8 | 42.0 | - |
| Selling General & Administrative | - | - | - | - | - | - |
| Operating Income | ||||||
| Operating Income | (267.4) | (244.8) | (143.1) | (54.1) | (65.1) | (4.6) |
| Non-Operating | ||||||
| Interest Income | - | - | - | - | - | 0.0 |
| Interest Expense | 9.5 | 7.2 | 0.0 | 0.0 | - | - |
| Income From Equity Investments | ||||||
| Tax & Net | ||||||
| Income Tax Expense | 1.1 | 0.6 | 0.3 | 0.1 | 0.0 | - |
| Net Income From Continuing Ops | (259.5) | (230.3) | (121.2) | (44.1) | (64.5) | (4.5) |
| Net Income From Discontinued Ops | ||||||
| Per Share | ||||||
| EPS Basic | (3.61) | (3.53) | (1.89) | (0.73) | (1.70) | - |
| EPS Diluted | (3.61) | (3.53) | (1.89) | (0.73) | (1.70) | - |
| Shares Basic | ||||||
| Supplementary Data | ||||||
| EBITDA | - | (242.2) | (141.7) | (53.8) | (64.9) | - |
| EBIT | (267.4) | (244.8) | (143.1) | (54.1) | (65.1) | (4.6) |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 54.5 | 56.0 | 60.6 | 49.8 | 36.5 | 40.4 | 35.7 | 23.7 | 13.0 | 8.1 | 7.6 | 8.7 | 7.4 | 11.2 | 9.0 | 11.4 | 10.5 | - | 0.7 | 29.9 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | 15.5 | 9.2 | 10.8 | 10.9 | 11.0 | 9.2 | 7.4 | 6.9 | 6.8 | 6.9 | 5.4 | 4.5 | 5.5 | 5.5 | 5.7 | 6.3 | 5.5 | ||||
| Depreciation & Amortization | 0.8 | - | - | - | 0.4 | - | - | - | 0.3 | - | - | - | 0.0 | - | - | - | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 70.0 | 65.2 | 71.4 | 60.7 | 47.5 | 49.6 | 43.1 | 30.6 | 19.8 | 15.0 | 13.0 | 13.2 | 12.9 | 16.7 | 14.8 | 17.7 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (70.0) | (65.2) | (71.4) | (60.7) | (47.5) | (49.6) | (43.1) | (30.6) | (19.8) | (15.0) | (13.0) | (13.2) | (12.9) | (16.7) | (14.8) | (17.7) | (15.9) | 34.5 | (6.3) | (32.7) | (0.1) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | 2.3 | 2.0 | 3.2 | 2.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | 0.0 | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | 1.4 | 0.8 | 0.7 | 0.3 | 0.0 | 0.2 | 0.0 | ||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | 0.6 | 0.2 | 0.1 | 0.1 | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 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 | (69.7) | (63.0) | (70.7) | (56.1) | (40.6) | (46.4) | (36.1) | (24.8) | (14.0) | (7.9) | (11.6) | (12.4) | (12.2) | (16.5) | (14.7) | (17.4) | (15.9) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (69.7) | (63.0) | (70.7) | (56.1) | (40.6) | (46.4) | (36.1) | (24.8) | (14.0) | (7.9) | (11.6) | (12.4) | (12.2) | (16.5) | (14.7) | (17.4) | (15.9) | ||||
| Net Income Attributable To Parent | (69.7) | (62.4) | (69.7) | (55.2) | (39.9) | (45.6) | (35.4) | (24.3) | (13.7) | (7.4) | (9.4) | (10.1) | (9.0) | (11.9) | (10.1) | (12.1) | |||||
| Less: Minority Interest | 0.0 | (0.6) | (1.0) | (0.8) | (0.6) | (0.8) | (0.7) | (0.5) | (0.3) | (0.5) | (2.2) | (2.2) | (3.2) | (4.6) | (4.6) | (5.3) | 0.0 | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (69.7) | (62.4) | (69.7) | (55.2) | (39.9) | (45.6) | (35.4) | (24.3) | (13.7) | (7.4) | (9.4) | (10.1) | (9.0) | (11.9) | (10.1) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.98) | - | (1.10) | (0.87) | (0.63) | - | (0.56) | (0.39) | (0.22) | - | (0.18) | (0.23) | (0.23) | - | (0.27) | (0.34) | (3.17) | - | (2.63) | (2.90) | - |
| EPS Diluted | (0.98) | - | (1.10) | (0.87) | (0.63) | - | (0.56) | (0.39) | (0.22) | - | (0.18) | (0.23) | (0.23) | - | (0.27) | (0.34) | (3.17) | - | |||
| Shares Basic | 71.3 | - | 63.4 | 63.3 | 63.2 | - | 62.9 | 62.9 | 62.6 | - | 53.5 | 43.7 | 39.1 | - | 36.9 | 35.2 | 5.0 | - | |||
| Shares Diluted | 71.3 | - | 63.4 | 63.3 | 63.2 | - | 62.9 | 62.9 | 62.6 | - | 53.5 | 43.7 | 39.1 | - | 36.9 | 35.2 | 5.0 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (69.2) | - | - | - | (47.1) | - | - | - | (19.5) | - | - | - | (12.9) | - | - | - | (15.9) | - | - | - | - |
| EBIT | (70.0) | (65.2) | (71.4) | (60.7) | (47.5) | (49.6) | (43.1) | (30.6) | (19.8) | (15.0) | (13.0) | (13.2) | (12.9) | (16.7) | (14.8) | (17.7) | (15.9) | 34.5 | (6.3) | ||
| Selling & Marketing | - | - | - | - | - | - |
| General & Administrative | 46.5 | 42.0 | 30.3 | 22.3 | 23.0 | 4.6 |
| Depreciation & Amortization | - | 2.6 | 1.4 | 0.4 | 0.2 | - |
| Amortization of Intangibles | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - |
| Total Operating Expenses | 267.4 | 244.8 | 143.1 | 54.1 | 65.1 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| Other Non-Operating Income | - | - | - | - | 0.6 | 0.0 |
| Pre-Tax Income | - | (229.7) | (121.0) | (44.0) | (64.5) | - |
| - |
| - |
| - |
| - |
| - |
| - |
| Net Income | (259.5) | (230.3) | (121.2) | (44.1) | (64.5) | (4.5) |
| Net Income Attributable To Parent | (257.1) | (227.3) | (118.9) | (36.0) | (50.0) | (4.5) |
| Less: Minority Interest | (2.4) | (3.0) | (2.3) | (8.1) | (14.5) | (4.5) |
| Less: Preferred Dividends | - | - | - | - | - | - |
| Net Income To Common Shareholders | (257.1) | (227.3) | (118.9) | (36.0) | (50.0) | (4.5) |
| 71.3 |
| 64.5 |
| 62.9 |
| 49.1 |
| 29.4 |
| - |
| Shares Diluted | 71.3 | 64.5 | 62.9 | 49.1 | 29.4 | 360.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.9) |
| 5.6 |
| 2.8 |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.9 |
| - |
| 6.3 |
| 32.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| 34.5 |
| (6.3) |
| (32.7) |
| (0.1) |
| - |
| - |
| - |
| - |
| 34.5 |
| (6.3) |
| (32.7) |
| (0.1) |
| (15.9) |
| 34.5 |
| (6.3) |
| (32.7) |
| (0.1) |
| (4.5) |
| 0.0 |
| 0.0 |
| (0.1) |
| - |
| - |
| - |
| - |
| (12.1) |
| (15.9) |
| 34.5 |
| (6.3) |
| (32.7) |
| (0.1) |
| (2.63) |
| (2.90) |
| - |
| 2.4 |
| 11.3 |
| - |
| 2.4 |
| 11.3 |
| - |
| (32.7) |
| (0.1) |