| (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 | 0.5 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.0 | 0.9 | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 0.7 | 0.4 | 1.0 | - | - | - | - |
| Cost of Revenue | - | 2.3 | 3.0 | - | - | - | - |
| Gross Profit | - | (1.8) | (2.0) | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 4.2 | 5.7 | 11.2 | 16.9 | 19.0 | 13.4 | 8.4 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (15.1) | (15.5) | (24.2) | (29.7) | (30.5) | (19.8) | (11.1) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | 0.0 | 0.0 |
| Interest Expense | - | 3.0 | - | - | 0.8 | 0.9 | 1.0 |
| Tax & Net | |||||||
| Income Tax Expense | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (18.1) | (18.3) | (23.7) | (29.3) | (30.3) | (21.8) | |
| Per Share | |||||||
| EPS Basic | (11.20) | (21.79) | (39.39) | (9.51) | (0.92) | (0.92) | - |
| EPS Diluted | (11.20) | (21.79) | (39.39) | (9.51) | (0.92) | (0.92) | - |
| Supplementary Data | |||||||
| EBITDA | (14.7) | (15.4) | (24.1) | (29.5) | (30.3) | (19.7) | (11.1) |
| EBIT | (15.1) | (15.5) | (24.2) | (29.7) | (30.5) | (19.8) | (11.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | 1.0 | 0.3 | 0.4 | 0.6 | 0.6 | 0.8 | 0.4 | 1.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | (0.9) | (0.2) | (0.3) | (0.4) | (0.5) | (0.8) | (0.4) | (0.4) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 0.8 | 0.8 | 1.2 | 1.4 | 2.4 | 2.0 | 3.4 | 2.9 | 2.9 | 3.2 | 5.6 | 4.2 | 3.9 | 5.1 | 5.1 | 4.1 | 4.6 | 4.5 | 3.8 | 3.2 | 1.9 | 1.9 | 2.6 | 2.3 | 1.5 |
| Selling General & Administrative | - | - | - | - | - | - | 3.2 | - | - | - | 3.4 | - | - | - | - | - | |||||||||
| Selling & Marketing | 0.3 | - | - | - | 0.8 | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 3.4 | 3.5 | 1.2 | 1.6 | 1.6 | 2.2 | 3.2 | 3.1 | 2.5 | 2.8 | 3.4 | 3.2 | 3.3 | 2.9 | 3.5 | 2.7 | 2.3 | ||||||||
| Depreciation & Amortization | 0.3 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | - | - | - | 0.0 | - | - | - | |||||||||
| Amortization of Intangibles | 0.0 | - | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 5.4 | 4.5 | 2.7 | 3.4 | 5.4 | 4.8 | 7.4 | 6.4 | 6.6 | 6.0 | 9.1 | 7.4 | 7.2 | 8.0 | 8.7 | 6.8 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (4.8) | (4.4) | (2.6) | (3.3) | (5.2) | (4.7) | (7.4) | (6.4) | (5.8) | (6.0) | (9.1) | (7.4) | (7.2) | (8.0) | (8.7) | (6.8) | (6.9) | (6.3) | (5.2) | (5.0) | (3.3) | (3.2) | (3.2) | (2.7) | (2.0) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | 0.2 | 0.0 | - | - | 0.1 | 0.1 | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | 0.3 | - | 1.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.2) | (1.4) | (1.4) | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | - | 0.1 | - | - | ||||||||
| Pre-Tax Income | (5.0) | - | - | - | (5.2) | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (5.0) | (5.9) | (4.0) | (3.2) | (5.2) | (4.6) | (7.2) | (6.2) | (5.7) | (6.0) | (9.0) | (7.3) | (7.1) | (7.9) | (8.6) | (6.9) | (6.9) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (5.0) | (5.9) | (4.0) | (3.2) | (5.2) | (4.6) | (7.2) | (6.2) | (5.7) | (6.0) | (9.0) | (7.3) | (7.1) | (7.9) | (8.6) | (6.9) | (6.9) | ||||||||
| Net Income Attributable To Parent | (5.0) | (5.9) | (4.0) | (3.2) | (5.2) | (4.6) | (7.2) | (6.2) | (5.7) | (6.0) | (9.0) | (7.3) | (7.1) | (7.9) | (8.6) | (6.9) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (5.1) | (5.9) | (4.0) | (3.2) | (5.2) | (4.6) | (7.2) | (6.2) | (5.7) | (6.0) | (9.0) | (7.3) | (7.1) | (7.9) | (8.6) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (3.13) | - | (4.73) | (0.41) | (5.35) | - | (10.56) | (0.93) | (1.53) | - | (2.65) | (0.17) | (0.19) | - | (0.26) | (0.21) | (0.21) | - | (0.16) | (0.15) | (1.01) | - | - | - | - |
| EPS Diluted | (3.13) | - | (4.73) | (0.41) | (5.35) | - | (10.56) | (0.93) | (1.53) | - | (2.65) | (0.17) | (0.19) | - | (0.26) | (0.21) | (0.21) | - | |||||||
| Shares Basic | 1.6 | - | 0.9 | 7.8 | 1.0 | - | 0.7 | 6.6 | 3.7 | - | 3.4 | 43.1 | 37.5 | - | 32.9 | 32.8 | 32.7 | - | |||||||
| Shares Diluted | 1.6 | - | 0.9 | 7.8 | 1.0 | - | 0.7 | 6.6 | 3.7 | - | 3.4 | 43.1 | 37.5 | - | 32.9 | 32.8 | 32.7 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (4.5) | (4.4) | (2.6) | (3.2) | (5.2) | (4.6) | (7.3) | (6.4) | (5.7) | - | - | - | (7.2) | - | - | - | (6.9) | - | - | - | (3.3) | - | - | - | (2.0) |
| EBIT | (4.8) | (4.4) | (2.6) | (3.3) | (5.2) | (4.7) | (7.4) | (6.4) | (5.8) | (6.0) | (9.1) | (7.4) | (7.2) | (8.0) | (8.7) | (6.8) | (6.9) | (6.3) | (5.2) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 9.7 | 7.9 | 11.0 | 12.8 | 11.5 | 6.4 | 2.7 |
| Depreciation & Amortization | 0.4 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 15.8 | 15.9 | 25.2 | 29.7 | 30.5 | 19.8 | 11.1 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (3.0) | (2.8) | 0.5 | 0.4 | 0.1 | - | - |
| Pre-Tax Income | - | (18.3) | - | - | - | - | - |
| (13.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (18.1) | (18.3) | (23.7) | (29.3) | (30.3) | (21.8) | (13.0) |
| Net Income Attributable To Parent | (18.1) | (18.3) | (23.7) | (29.3) | (30.3) | (21.8) | (13.0) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | 0.0 | - | - | - | - | - |
| Net Income To Common Shareholders | (18.2) | (18.3) | (23.7) | (29.3) | (30.3) | (24.3) | (21.9) |
| Shares Basic | 1.6 | 0.8 | 0.6 | 3.1 | 33.0 | 26.3 | - |
| Shares Diluted | 1.6 | 0.8 | 0.6 | 3.1 | 33.0 | 26.3 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.8 |
| 1.4 |
| 1.9 |
| 1.3 |
| 1.3 |
| 0.5 |
| 0.4 |
| 0.5 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.9 |
| 6.3 |
| 5.2 |
| 5.0 |
| 3.3 |
| 3.2 |
| 3.2 |
| 2.7 |
| 2.0 |
| 0.0 |
| 0.0 |
| 0.9 |
| 0.5 |
| 0.4 |
| 0.2 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.3) |
| (5.2) |
| (4.7) |
| (5.6) |
| (4.9) |
| (3.3) |
| (2.7) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.3) |
| (5.2) |
| (4.7) |
| (5.6) |
| (4.9) |
| (3.3) |
| (2.7) |
| (2.0) |
| (6.9) |
| (6.3) |
| (5.2) |
| (4.7) |
| (5.6) |
| (4.9) |
| (3.3) |
| (2.7) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.9) |
| (6.9) |
| (6.3) |
| (5.2) |
| (4.7) |
| (8.1) |
| (7.4) |
| (5.7) |
| (4.9) |
| (4.0) |
| (0.16) |
| (0.15) |
| - |
| - |
| - |
| - |
| - |
| 32.3 |
| 32.0 |
| 8.0 |
| - |
| - |
| - |
| - |
| 32.3 |
| 32.0 |
| - |
| - |
| - |
| - |
| - |
| (5.0) |
| (3.3) |
| (3.2) |
| (3.2) |
| (2.7) |
| (2.0) |