| (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 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.9 | - | - | 0.0 | 0.0 | - | - | - | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||
| Revenues | - | 0.0 | 0.9 | 0.0 | - | - | - | - | 25.0 | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||
| Research & Development | 82.4 | 75.0 | 60.9 | 44.4 | 47.5 | 39.2 | - | - | 41.8 | 36.3 | 28.4 | 15.8 | 18.1 | 7.6 | 6.0 |
| Operating Income | |||||||||||||||
| Operating Income | (110.8) | (103.3) | (82.6) | (55.6) | (56.5) | (60.7) | (33.7) | (71.0) | (32.6) | (51.1) | (37.6) | - | - | - | |
| Non-Operating | |||||||||||||||
| Interest Income | 10.6 | 11.5 | 8.5 | 3.0 | 1.3 | - | - | - | - | - | - | - | - | - | - |
| Tax & Net | |||||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 |
| Per Share | |||||||||||||||
| EPS Basic | (4.42) | (4.24) | (4.28) | - | (1.04) | (1.10) | (0.64) | - | - | - | - | - | - | - | - |
| EPS Diluted | |||||||||||||||
| Supplementary Data | |||||||||||||||
| EBITDA | (107.6) | (100.3) | (79.4) | (52.3) | (53.3) | (59.4) | (32.9) | (70.6) | (32.3) | (50.8) | - | - | - | - | - |
| EBIT | |||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 25.2 | 20.6 | 17.2 | 19.4 | 17.8 | 15.3 | 16.3 | 15.7 | 13.5 | 12.2 | 11.6 | 10.3 | 10.3 | 16.4 | 9.5 | 11.0 | 10.7 | 9.7 | 9.9 | 9.8 | 9.7 | - | 6.2 | 4.8 | 5.5 | - | - | - | 0.1 | 2.6 | 10.7 | 18.0 | 10.5 | 11.6 | 8.5 | 10.5 | 5.8 | 8.1 | 6.1 | 9.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 8.2 | 6.9 | 6.6 | 6.7 | 8.2 | 6.2 | 5.9 | 5.3 | 5.2 | 2.5 | 3.6 | 2.3 | 2.8 | (4.7) | 4.1 | 4.9 | 4.7 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.8 | 0.7 | 0.8 | 0.8 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.9 | 0.8 | 0.8 | 0.8 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 33.3 | 27.5 | 23.8 | 26.1 | 25.9 | 21.5 | 22.2 | 21.1 | 18.8 | 14.7 | 15.2 | 12.6 | 13.0 | 11.7 | 13.6 | 15.9 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (33.3) | (27.5) | (23.8) | (26.1) | (25.9) | (21.5) | (22.2) | (20.1) | (18.8) | (14.7) | (15.2) | (12.6) | (13.0) | (11.7) | (13.6) | (15.9) | (15.4) | (15.2) | (15.5) | (15.1) | (14.9) | (12.6) | (2.3) | (9.8) | (9.1) | - | (59.5) | (0.4) | - | - | (15.2) | 2.7 | - | - | (12.1) | (14.0) | - | - | - | - |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 2.3 | 2.7 | 2.7 | 2.9 | 3.2 | 2.3 | 1.8 | 2.0 | 2.3 | 0.8 | 0.7 | 0.7 | 0.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (30.9) | (24.7) | (21.0) | (22.0) | (22.6) | (19.5) | (20.2) | (18.5) | (16.9) | 2.4 | (14.6) | (11.9) | (12.3) | (11.1) | (13.1) | (15.7) | (15.4) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (30.9) | (24.7) | (21.0) | (22.0) | (22.6) | (19.5) | (20.2) | (18.5) | (16.9) | 2.4 | (14.6) | (11.9) | (12.3) | (11.1) | (13.1) | (15.7) | (15.4) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (30.9) | (24.7) | (21.0) | (22.0) | (22.6) | (19.5) | (20.2) | (18.5) | (16.9) | 2.4 | (14.6) | (11.9) | (12.3) | (11.1) | (13.1) | (15.7) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (30.9) | (24.7) | (21.0) | (22.0) | (22.6) | (19.5) | (20.2) | (18.5) | (16.9) | 2.4 | (14.6) | (11.9) | (12.3) | (11.1) | (13.1) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.39) | - | (0.99) | (1.05) | (1.08) | - | (1.19) | (1.09) | (1.00) | - | (32.67) | (26.68) | (0.26) | - | (1.18) | (0.28) | (0.28) | - | (0.28) | (0.27) | (0.27) | - | (0.04) | (0.20) | (0.18) | - | - | - | - | - | - | 0.12 | - | - | - | (0.59) | - | - | - | - |
| EPS Diluted | (1.39) | - | (0.99) | (1.05) | (1.08) | - | (1.19) | (1.09) | (1.00) | - | (32.67) | (26.68) | (0.26) | - | (1.18) | (0.28) | (0.28) | - | ||||||||||||||||||||||
| Shares Basic | 22.3 | - | 21.2 | 21.1 | 21.0 | - | 17.0 | 16.9 | 16.9 | - | 0.4 | 0.4 | 55.4 | - | 11.1 | 55.2 | 55.1 | - | ||||||||||||||||||||||
| Shares Diluted | 22.3 | - | 21.2 | 21.1 | 21.0 | - | 17.0 | 16.9 | 16.9 | - | 0.4 | 0.4 | 55.4 | - | 11.1 | 55.2 | 55.1 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (32.5) | (26.8) | (23.0) | (25.3) | (25.2) | (20.7) | (21.4) | (19.3) | (18.0) | (13.9) | (14.4) | (11.8) | (12.2) | - | - | - | (15.0) | - | - | - | (14.7) | - | - | - | (8.9) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (33.3) | (27.5) | (23.8) | (26.1) | (25.9) | (21.5) | (22.2) | (20.1) | (18.8) | (14.7) | (15.2) | (12.6) | (13.0) | (11.7) | (13.6) | (15.9) | (15.4) | (15.2) | (15.5) | |||||||||||||||||||||
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 28.4 | 28.3 | 22.6 | 11.2 | 9.0 | 21.5 | 17.2 | 18.8 | 15.8 | 14.9 | 9.3 | 5.5 | 4.3 | 1.8 | 1.6 |
| Depreciation & Amortization | 3.1 | 3.0 | 3.2 | 3.3 | 3.2 | 1.3 | 0.8 | 0.3 | 0.3 | 0.4 | - | - | 0.1 | 0.1 | 0.1 |
| Amortization of Intangibles | - | - | - | - | 0.1 | 0.2 | 0.2 | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 110.8 | 103.3 | 83.5 | 55.6 | 56.5 | 60.7 | - | 71.0 | 57.6 | 51.1 | 37.6 | 21.3 | 22.4 | 9.4 | 7.7 |
| - |
| Interest Expense |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.5 |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | 13.0 | 7.5 | - | (0.0) | (0.0) | 0.5 | 1.5 | 1.0 | 0.9 | 0.6 | (0.5) | (1.7) | 0.6 | 0.0 |
| Pre-Tax Income | - | (90.4) | (75.1) | (36.3) | (55.2) | (60.7) | (33.3) | (69.4) | (31.6) | (50.2) | (37.0) | (21.9) | (24.0) | (8.7) | (7.7) |
| Net Income From Continuing Ops | (98.6) | (90.4) | (75.1) | (36.3) | (55.2) | (60.7) | (33.3) | (69.4) | (31.6) | (50.2) | (37.0) | (21.9) | (24.0) | (8.7) | (7.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (98.6) | (90.4) | (75.1) | (36.3) | (55.2) | (60.7) | (33.3) | (69.4) | (31.6) | (50.2) | (37.0) | (21.9) | (24.0) | (8.7) | (7.7) |
| Net Income Attributable To Parent | (98.6) | (90.4) | (75.1) | (36.3) | (55.2) | (60.7) | (33.3) | (69.4) | (31.6) | (50.2) | (37.0) | (21.9) | (24.0) | (8.7) | (7.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (98.6) | (90.4) | (75.1) | (36.3) | (55.2) | (60.7) | (33.3) | (69.4) | (31.6) | (50.2) | (37.0) | (21.9) | (23.8) | (14.9) | (12.1) |
| (4.42) |
| (4.24) |
| (4.28) |
| - |
| (1.04) |
| (1.10) |
| (0.64) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 22.3 | 21.3 | 17.6 | - | 55.2 | 55.0 | 51.8 | - | - | - | - | - | - | - | - |
| Shares Diluted | 22.3 | 21.3 | 17.6 | - | 55.2 | 55.0 | 51.8 | - | - | - | - | - | - | - | - |
| (110.8) |
| (103.3) |
| (82.6) |
| (55.6) |
| (56.5) |
| (60.7) |
| (33.7) |
| (71.0) |
| (32.6) |
| (51.1) |
| (37.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.4 |
| 5.6 |
| 5.3 |
| 5.2 |
| 4.9 |
| 3.9 |
| 4.9 |
| 3.6 |
| 3.5 |
| 10.4 |
| 2.4 |
| 2.6 |
| 2.7 |
| 4.5 |
| 4.3 |
| 4.3 |
| 5.0 |
| 3.6 |
| 3.5 |
| 2.7 |
| 3.3 |
| 2.1 |
| 1.8 |
| 0.4 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.4 |
| - |
| 15.5 |
| 15.1 |
| - |
| - |
| - |
| 9.8 |
| 9.1 |
| 8.4 |
| 59.5 |
| 0.4 |
| 2.7 |
| 5.3 |
| 15.2 |
| 22.3 |
| 14.8 |
| 16.5 |
| 12.1 |
| 14.0 |
| 8.5 |
| 11.5 |
| 8.3 |
| 11.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| 0.0 |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.4 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.5 |
| 0.4 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.3) |
| (11.2) |
| (8.1) |
| (10.9) |
| (15.2) |
| (15.4) |
| (15.1) |
| (15.0) |
| (12.6) |
| (2.2) |
| (9.7) |
| (8.6) |
| (8.1) |
| (59.1) |
| (0.0) |
| (2.2) |
| (4.9) |
| (15.0) |
| 2.9 |
| (14.6) |
| (16.3) |
| (11.8) |
| (13.8) |
| (8.3) |
| (11.2) |
| (8.1) |
| (10.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.2) |
| (15.4) |
| (15.1) |
| (15.0) |
| (12.6) |
| (2.2) |
| (9.7) |
| (8.6) |
| (8.1) |
| (59.1) |
| (0.0) |
| (2.2) |
| (4.9) |
| (15.0) |
| 2.9 |
| (14.6) |
| (16.3) |
| (11.8) |
| (13.8) |
| (8.3) |
| (11.2) |
| (8.1) |
| (10.9) |
| (15.4) |
| (15.2) |
| (15.4) |
| (15.1) |
| (15.0) |
| (12.6) |
| (2.2) |
| (9.7) |
| (8.6) |
| (8.1) |
| (59.1) |
| (0.0) |
| (2.2) |
| (4.9) |
| (15.0) |
| 2.9 |
| (14.6) |
| (16.3) |
| (11.8) |
| (13.8) |
| (8.3) |
| (11.2) |
| (8.1) |
| (10.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.7) |
| (15.4) |
| (15.2) |
| (15.4) |
| (15.1) |
| (15.0) |
| (12.6) |
| (2.2) |
| (9.7) |
| (8.6) |
| (8.1) |
| (59.1) |
| (0.0) |
| (2.2) |
| (4.9) |
| (15.0) |
| 2.9 |
| (14.6) |
| (16.3) |
| (11.8) |
| (13.8) |
| (8.3) |
| (11.2) |
| (8.1) |
| (10.9) |
| (0.28) |
| (0.27) |
| (0.27) |
| - |
| (0.04) |
| (0.20) |
| (0.18) |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.12 |
| - |
| - |
| - |
| (0.59) |
| - |
| - |
| - |
| - |
| 55.1 |
| 55.0 |
| 54.9 |
| - |
| 54.1 |
| 49.4 |
| 49.2 |
| - |
| - |
| 23.5 |
| - |
| - |
| - |
| 23.5 |
| - |
| - |
| - |
| 23.4 |
| - |
| - |
| - |
| - |
| 55.1 |
| 55.0 |
| 54.9 |
| - |
| 54.1 |
| 49.4 |
| 49.2 |
| - |
| - |
| 23.5 |
| - |
| - |
| - |
| 23.8 |
| - |
| - |
| - |
| 23.4 |
| - |
| - |
| - |
| - |
| (15.1) |
| (14.9) |
| (12.6) |
| (2.3) |
| (9.8) |
| (9.1) |
| - |
| (59.5) |
| (0.4) |
| - |
| - |
| (15.2) |
| 2.7 |
| - |
| - |
| (12.1) |
| (14.0) |
| - |
| - |
| - |
| - |