| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 3.2 | 0.4 | 0.2 | 0.2 | 0.3 | 0.3 | 0.1 | 1.2 | 0.5 | 1.0 | 0.3 | 1.7 | 0.0 | 0.1 | 0.1 | 0.1 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 4.0 | 1.1 | 2.1 | 3.1 | 0.3 | 0.3 | 0.4 | - |
| Cost of Revenue | 1.4 | 0.0 | 0.1 | 0.9 | 0.0 | (0.1) | 0.4 | - |
| Gross Profit | 2.6 | 1.1 | 2.0 | 2.2 | 0.3 | 0.5 | (0.0) | - |
| Operating Expenses | ||||||||
| Research & Development | 11.4 | 9.2 | 9.8 | 34.4 | 41.7 | 51.3 | 22.7 | - |
| Selling General & Administrative | 20.9 | 19.2 | 21.9 | 36.1 | 49.8 | |||
| Operating Income | ||||||||
| Operating Income | (29.8) | (27.3) | (29.7) | (68.2) | (91.3) | (99.8) | (34.7) | - |
| Non-Operating | ||||||||
| Interest Income | 0.2 | 0.1 | 0.0 | 1.2 | 0.5 | 0.0 | 1.1 | - |
| Interest Expense | 1.4 | 0.7 | 0.4 | 2.3 | 5.3 | 14.2 | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (33.8) | (30.5) | (34.9) | (68.9) | (95.4) | |||
| Per Share | ||||||||
| EPS Basic | (7.70) | (49.10) | (414.01) | (323.96) | (58.53) | 1.85 | (4.90) | - |
| EPS Diluted | (7.70) | (49.10) | (414.01) | (323.96) | (58.53) | 1.70 | ||
| Supplementary Data | ||||||||
| EBITDA | (28.6) | (26.1) | (28.9) | (67.4) | (90.3) | (98.8) | (34.1) | - |
| EBIT | (29.8) | (27.3) | (29.7) | (68.2) | (91.3) | (99.8) | ||
| 0.0 |
| 0.0 |
| 0.2 |
| 0.0 |
| 0.1 |
| - |
| 0.0 |
| - |
| - |
| Cost of Revenue | 1.4 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.1 | 0.0 | - | - | 0.1 | 0.4 | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | 0.0 | 0.0 | - | 0.0 | - | - |
| Gross Profit | 1.8 | 0.4 | 0.2 | 0.2 | 0.3 | - | 0.0 | 1.2 | - | - | 0.2 | 1.3 | - | 0.1 | 0.1 | 0.0 | 0.0 | (0.0) | 0.4 | 0.0 | 0.1 | - | 0.0 | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 4.2 | 2.8 | 2.3 | 2.2 | 1.9 | 2.1 | 2.2 | 2.9 | 2.7 | 8.0 | 6.0 | 10.2 | 10.1 | 10.3 | 10.6 | 10.9 | 10.0 | 11.6 | 9.0 | 20.8 | 9.9 | - | 5.4 | - | - |
| Selling General & Administrative | 6.3 | 6.5 | 4.2 | 3.9 | 4.6 | 5.0 | 5.4 | 5.3 | 6.2 | 6.5 | 9.3 | 10.0 | 10.3 | 10.9 | 11.2 | 12.9 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | |||||||||
| Amortization of Intangibles | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 10.5 | 9.2 | 6.5 | 6.1 | 6.5 | 7.1 | 7.6 | 8.2 | 8.8 | 14.5 | 15.3 | 20.2 | 20.4 | 21.2 | 21.8 | 23.8 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (8.7) | (8.9) | (6.2) | (5.9) | (6.2) | (6.8) | (7.6) | (7.0) | (8.3) | (13.8) | (15.1) | (18.9) | (20.4) | (21.1) | (21.6) | (23.7) | (24.8) | (24.7) | (20.7) | (30.5) | (23.8) | (24.7) | (9.4) | (0.3) | (0.2) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.4 | 0.6 | 0.5 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.4 | 0.7 |
| Interest Expense | 0.6 | 0.6 | 0.2 | 0.1 | (0.2) | 0.3 | 0.0 | 0.0 | 0.1 | 0.2 | 0.5 | 0.7 | 0.9 | 1.1 | 1.3 | 1.4 | 1.5 | 5.5 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.8) | 2.1 | (4.8) | (0.5) | 0.0 | (5.1) | (0.2) | (0.1) | 0.0 | (0.3) | (0.1) | 0.1 | (0.5) | (3.3) | 0.3 | 0.8 | (2.0) | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | (7.8) | - | - | - | (15.2) | - | - | - | (21.3) | (22.9) | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | (0.2) | 0.0 | 0.0 | 0.2 |
| Net Income From Continuing Ops | (9.5) | (6.8) | (11.1) | (6.5) | (6.2) | (11.9) | (7.8) | (7.0) | (8.3) | (14.1) | (15.2) | (18.8) | (20.8) | (24.4) | (21.3) | (22.9) | (26.8) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (9.5) | (6.8) | (11.1) | (6.5) | (6.2) | (11.9) | (7.8) | (7.0) | (8.3) | (14.1) | (15.2) | (18.8) | (20.8) | (24.4) | (21.3) | (22.9) | (26.8) | ||||||||
| Net Income Attributable To Parent | (9.5) | (6.8) | (11.1) | (6.5) | (6.2) | (11.9) | (7.8) | (7.0) | (8.3) | (14.1) | (15.2) | (18.8) | (20.8) | (24.4) | (21.3) | (22.9) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (9.5) | (6.9) | (11.1) | (6.5) | (6.2) | (11.9) | (7.8) | (7.0) | (8.3) | (14.1) | (15.2) | (18.8) | (20.8) | (24.4) | (21.3) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (2.15) | - | (1.08) | (1.23) | (29.29) | - | (6.26) | (5.92) | (9.25) | - | (7.20) | (9.81) | (11.90) | - | (12.98) | (0.28) | (0.34) | - | (0.09) | 1.25 | 1.03 | - | (1.77) | - | - |
| EPS Diluted | (2.15) | - | (1.08) | (1.23) | (29.29) | - | (6.26) | (5.92) | (9.25) | - | (7.20) | (9.81) | (11.90) | - | (12.98) | (0.28) | (0.34) | - | |||||||
| Shares Basic | 4.4 | - | 10.3 | 5.2 | 0.2 | - | 1.2 | 1.2 | 0.9 | - | 2.1 | 1.9 | 1.8 | - | 1.6 | 81.3 | 80.0 | - | |||||||
| Shares Diluted | 4.4 | - | 10.3 | 5.2 | 0.2 | - | 1.2 | 1.2 | 0.9 | - | 2.1 | 1.9 | 1.8 | - | 1.6 | 81.3 | 80.0 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (8.4) | (8.6) | (5.9) | (5.6) | (5.9) | (6.6) | (7.4) | (6.8) | (8.1) | (13.6) | (14.9) | (18.7) | (20.2) | (20.8) | (21.4) | (23.5) | (24.5) | (24.4) | (20.4) | (30.3) | (23.6) | - | (9.3) | - | - |
| EBIT | (8.7) | (8.9) | (6.2) | (5.9) | (6.2) | (6.8) | (7.6) | (7.0) | (8.3) | (13.8) | (15.1) | (18.9) | (20.4) | (21.1) | (21.6) | (23.7) | (24.8) | (24.7) | (20.7) | ||||||
| 48.9 |
| 11.9 |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | 3.7 | - |
| Depreciation & Amortization | 1.2 | 1.2 | 0.8 | 0.8 | 1.0 | 1.0 | 0.6 | - |
| Amortization of Intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 32.4 | 28.4 | 31.7 | 70.4 | 91.5 | 100.2 | 34.7 | - |
| 0.5 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (4.0) | (3.2) | (5.3) | (0.7) | (4.2) | 220.4 | (272.4) | - |
| Pre-Tax Income | - | (30.5) | (34.9) | - | (95.4) | 120.7 | (307.0) | - |
| 120.7 |
| (43.0) |
| - |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (33.8) | (30.5) | (34.9) | (68.9) | (95.4) | 120.7 | (43.0) | - |
| Net Income Attributable To Parent | (33.8) | (30.5) | (34.9) | (68.9) | (95.4) | 120.7 | (307.0) | - |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (33.9) | (30.6) | (34.9) | (68.9) | (95.4) | 120.7 | (307.0) | - |
| (4.90) |
| - |
| Shares Basic | 4.4 | 0.6 | 0.1 | 0.2 | 1.6 | 65.2 | 62.6 | - |
| Shares Diluted | 4.4 | 0.6 | 0.1 | 0.2 | 1.6 | 70.9 | 62.6 | - |
| (34.7) |
| - |
| 14.9 |
| 13.1 |
| 12.1 |
| 9.7 |
| 14.0 |
| - |
| 4.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.8 |
| 3.0 |
| 2.9 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| - |
| 0.1 |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.8 |
| 24.7 |
| 21.1 |
| 30.5 |
| 23.9 |
| - |
| 9.4 |
| - |
| - |
| 4.3 |
| 3.4 |
| 1.0 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 21.9 |
| 15.1 |
| 94.9 |
| 88.5 |
| - |
| (101.5) |
| - |
| - |
| 56.2 |
| (5.6) |
| 64.3 |
| 5.8 |
| (198.7) |
| (110.9) |
| 1.2 |
| 1.4 |
| 123.4 |
| (5.6) |
| (2.9) |
| 5.8 |
| (45.3) |
| (0.2) |
| 1.2 |
| 1.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 123.4 |
| (5.6) |
| (2.9) |
| 5.8 |
| (45.3) |
| (0.2) |
| 1.2 |
| 1.2 |
| (26.8) |
| (2.7) |
| (5.6) |
| 64.3 |
| 64.7 |
| (180.7) |
| (110.9) |
| (9.2) |
| (6.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.9) |
| (26.8) |
| 64.5 |
| (5.6) |
| (2.9) |
| 64.7 |
| (191.1) |
| (110.9) |
| 1.2 |
| (6.3) |
| (0.09) |
| (0.59) |
| (0.28) |
| - |
| (1.77) |
| - |
| - |
| 60.6 |
| 51.5 |
| 62.7 |
| - |
| 62.7 |
| - |
| - |
| 60.6 |
| 69.7 |
| 87.7 |
| - |
| 62.7 |
| - |
| - |
| (30.5) |
| (23.8) |
| (24.7) |
| (9.4) |
| (0.3) |
| (0.2) |