| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | 0.0 | 0.0 | - | - | - | - | 0.1 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 91.2 | 90.4 | 96.7 | 96.8 | 90.9 | 63.4 | 36.2 | 17.2 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (116.3) | (122.0) | (128.2) | (131.7) | (119.0) | (86.4) | (51.5) | (22.3) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (99.9) | (104.1) | (108.8) | (117.5) | (113.8) | |||
| Per Share | ||||||||
| EPS Basic | (1.35) | (1.41) | (1.60) | (2.40) | (2.61) | (2.62) | - | - |
| EPS Diluted | (1.35) | (1.41) | (1.60) | (2.40) | (2.61) | (2.62) | ||
| Supplementary Data | ||||||||
| EBITDA | (107.1) | (112.8) | (119.0) | (125.8) | (116.4) | (84.6) | (50.7) | (21.9) |
| EBIT | (116.3) | (122.0) | (128.2) | (131.7) | (119.0) | (86.4) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 25.0 | 25.3 | 20.2 | 20.8 | 24.2 | 23.1 | 25.3 | 23.1 | 25.2 | 23.3 | 22.2 | 25.1 | 26.1 | 26.8 | 23.4 | 21.0 | 19.6 | 17.3 | 16.6 | 16.0 | 13.5 | 11.3 | 9.8 | 7.9 | 7.3 | - | 4.6 | 3.6 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 5.9 | 5.7 | 7.1 | 6.4 | 12.4 | 7.8 | 8.5 | 7.6 | 7.5 | 7.9 | 7.1 | 11.7 | 8.2 | 8.1 | 6.8 | 6.6 | 6.5 | ||||||||||||
| Depreciation & Amortization | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 | 2.2 | 2.4 | 2.3 | 2.3 | 2.3 | 2.0 | 0.8 | 0.8 | 0.7 | 0.7 | 0.6 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 30.9 | 31.0 | 27.3 | 27.2 | 36.6 | 30.9 | 33.8 | 30.7 | 32.8 | 31.2 | 29.3 | 36.9 | 34.3 | 35.0 | 30.3 | 27.6 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (30.9) | (31.0) | (27.3) | (27.2) | (36.6) | (30.9) | (33.8) | (30.7) | (32.8) | (31.2) | (29.3) | (36.9) | (34.3) | (35.0) | (30.3) | (27.6) | (26.1) | (22.9) | (22.4) | (21.6) | (19.5) | (18.0) | (13.7) | (10.4) | (9.4) | - | (5.9) | (4.7) | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.2 | 0.0 | - | - | - | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 3.0 | 3.6 | 5.6 | 4.2 | 4.6 | 5.0 | 5.5 | 5.7 | 3.2 | 3.4 | 3.6 | 3.6 | 3.5 | 2.4 | 1.9 | 0.7 | 0.1 | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax 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 | 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 | 0.0 | - |
| Net Income From Continuing Ops | (27.8) | (27.4) | (21.7) | (23.0) | (32.0) | (25.9) | (28.3) | (25.0) | (29.5) | (27.8) | (25.6) | (33.3) | (30.8) | (32.6) | (28.3) | (26.9) | (26.0) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (27.8) | (27.4) | (21.7) | (23.0) | (32.0) | (25.9) | (28.3) | (25.0) | (29.5) | (27.8) | (25.6) | (33.3) | (30.8) | (32.6) | (28.3) | (26.9) | (26.0) | ||||||||||||
| Net Income Attributable To Parent | (27.8) | (27.4) | (21.7) | (23.0) | (32.0) | (25.9) | (28.3) | (25.0) | (29.5) | (27.8) | (25.6) | (33.3) | (30.8) | (32.6) | (28.3) | (26.9) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (27.8) | (27.4) | (21.7) | (23.0) | (32.0) | (25.9) | (28.3) | (25.0) | (29.5) | (27.8) | (25.6) | (33.3) | (30.8) | (32.6) | (28.3) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.37) | - | (0.29) | (0.31) | (0.43) | - | (0.39) | (0.34) | (0.58) | - | (0.52) | (0.68) | (0.63) | - | (0.58) | (0.61) | (0.79) | - | (0.68) | (0.66) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.37) | - | (0.29) | (0.31) | (0.43) | - | (0.39) | (0.34) | (0.58) | - | (0.52) | (0.68) | (0.63) | - | (0.58) | (0.61) | (0.79) | - | |||||||||||
| Shares Basic | 74.3 | - | 74.0 | 74.0 | 73.9 | - | 73.6 | 73.5 | 50.7 | - | 49.1 | 49.0 | 48.9 | - | 48.6 | 43.8 | 33.0 | - | |||||||||||
| Shares Diluted | 74.3 | - | 74.0 | 74.0 | 73.9 | - | 73.6 | 73.5 | 50.7 | - | 49.1 | 49.0 | 48.9 | - | 48.6 | 43.8 | 33.0 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (28.6) | (28.7) | (25.0) | (24.9) | (34.3) | (28.7) | (31.4) | (28.4) | (30.5) | (28.9) | (27.3) | (36.1) | (33.5) | (34.3) | (29.6) | (27.0) | (25.5) | (22.3) | (21.9) | (21.2) | (19.2) | (17.6) | (13.5) | (10.3) | (9.3) | - | (5.8) | (4.6) | - |
| EBIT | (30.9) | (31.0) | (27.3) | (27.2) | (36.6) | (30.9) | (33.8) | (30.7) | (32.8) | (31.2) | (29.3) | (36.9) | (34.3) | (35.0) | (30.3) | (27.6) | (26.1) | (22.9) | (22.4) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 25.1 | 31.6 | 31.5 | 34.9 | 28.1 | 23.0 | 15.3 | 5.2 |
| Depreciation & Amortization | 9.2 | 9.2 | 9.2 | 5.9 | 2.6 | 1.8 | 0.8 | 0.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 116.3 | 122.0 | 128.2 | 131.7 | 119.0 | 86.4 | 51.5 | 22.5 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 16.4 | 17.9 | 19.4 | 14.1 | 5.1 | 0.4 | (39.9) | 1.3 |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (86.1) |
| (91.4) |
| (21.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (99.9) | (104.1) | (108.8) | (117.5) | (113.8) | (86.1) | (91.4) | (21.1) |
| Net Income Attributable To Parent | (99.9) | (104.1) | (108.8) | (117.5) | (113.8) | (86.1) | (91.4) | (21.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (99.9) | (104.1) | (108.8) | (117.5) | (113.8) | (86.1) | (91.4) | (21.1) |
| - |
| - |
| Shares Basic | 74.3 | 74.0 | 67.9 | 49.0 | 43.6 | 32.9 | - | - |
| Shares Diluted | 74.3 | 74.0 | 67.9 | 49.0 | 43.6 | 32.9 | - | - |
| (51.5) |
| (22.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.6 |
| 5.8 |
| 5.7 |
| 5.9 |
| 6.7 |
| 3.9 |
| 2.5 |
| 2.1 |
| - |
| 1.3 |
| 1.1 |
| - |
| 0.6 |
| 0.6 |
| 0.5 |
| 0.4 |
| 0.3 |
| 0.4 |
| 0.2 |
| 0.1 |
| 0.1 |
| - |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.1 |
| 22.9 |
| 22.4 |
| 21.6 |
| 19.5 |
| 18.0 |
| 13.7 |
| 10.4 |
| 9.4 |
| - |
| 5.9 |
| 4.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| (40.7) |
| 0.7 |
| - |
| 3.2 |
| (0.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.8) |
| (22.4) |
| (21.5) |
| (19.4) |
| (17.9) |
| (13.7) |
| (51.1) |
| (8.7) |
| (10.5) |
| (2.7) |
| (4.8) |
| (3.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.8) |
| (22.4) |
| (21.5) |
| (19.4) |
| (17.9) |
| (13.7) |
| (51.1) |
| (8.7) |
| (10.5) |
| (2.7) |
| (4.8) |
| (3.1) |
| (26.0) |
| (22.8) |
| (22.4) |
| (21.5) |
| (19.4) |
| (17.9) |
| (13.7) |
| (51.1) |
| (8.7) |
| (10.5) |
| (2.7) |
| (4.8) |
| (3.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (26.9) |
| (26.0) |
| (22.8) |
| (22.4) |
| (21.5) |
| (19.4) |
| (17.9) |
| (13.7) |
| (51.1) |
| (8.7) |
| (10.5) |
| (2.7) |
| (4.8) |
| (3.1) |
| (0.68) |
| (0.66) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.9 |
| 32.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.9 |
| 32.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (21.6) |
| (19.5) |
| (18.0) |
| (13.7) |
| (10.4) |
| (9.4) |
| - |
| (5.9) |
| (4.7) |
| - |