| (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 | - | - | - | - | - | - | - | - | - | - | - | 2.2 | 0.2 | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | 2.3 | 0.2 | - | - | - |
| Cost of Revenue | - | - | - | 91.6 | 30.0 | - | - | - |
| Gross Profit | - | - | - | (89.2) | (29.8) | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | - | - | - | 33.3 | 107.8 | 284.0 | 71.0 | - |
| Selling General & Administrative | 6.3 | 6.8 | 12.9 | 54.4 | - | |||
| Operating Income | ||||||||
| Operating Income | (2.7) | (3.8) | (10.9) | (348.9) | (387.3) | (400.5) | (102.3) | (0.6) |
| Non-Operating | ||||||||
| Interest Income | 2.1 | 1.8 | 2.8 | 6.6 | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 0.5 | (0.6) | (8.1) | (343.1) | (282.4) | |||
| Per Share | ||||||||
| EPS Basic | (0.16) | (0.22) | (0.67) | (21.67) | (20.32) | (2.27) | (1.28) | - |
| EPS Diluted | (0.16) | (0.22) | (0.67) | (21.67) | (20.32) | (2.27) | ||
| Supplementary Data | ||||||||
| EBITDA | - | - | - | (294.5) | - | (400.5) | (102.3) | (0.6) |
| EBIT | (2.7) | (3.8) | (10.9) | (348.9) | (387.3) | (400.5) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | 60.7 | 30.8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | (58.6) | (30.6) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | - | - | - | - | - | - | - | - | - | 0.9 | 5.7 | 12.3 | 14.4 | 15.6 | 19.8 | 10.5 | 61.9 | 58.8 | 56.9 | 76.5 | 91.8 | 27.7 | 30.0 | 4.8 | 8.5 | - | - | - | - |
| Selling General & Administrative | 1.5 | 1.9 | 1.2 | 1.7 | 1.9 | 3.9 | 2.3 | 1.5 | 5.2 | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | 57.7 | 14.7 | 22.2 | 60.1 | 29.9 | 26.0 | ||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | 7.4 | - | - | - | 0.0 | ||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 0.7 | 2.1 | (0.4) | 0.4 | 1.8 | 1.4 | 0.5 | (0.5) | 9.5 | 3.6 | 17.5 | 95.0 | 143.6 | 74.3 | 154.8 | 40.5 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (0.7) | (2.1) | 0.4 | (0.4) | (1.8) | (1.4) | (0.5) | 0.5 | (9.5) | (3.6) | (17.5) | (153.6) | (174.2) | (104.1) | (154.8) | (40.5) | (87.9) | (84.7) | (99.3) | (110.3) | (106.2) | (38.4) | (42.0) | (9.9) | (12.0) | (0.2) | (0.1) | (0.2) | (0.1) |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | 0.6 | 0.4 | 0.6 | 0.4 | 0.4 | (0.3) | 0.9 | 1.0 | 1.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | (0.0) | 0.1 | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) | 0.2 | (0.2) | 0.1 | 0.1 | 0.9 | (0.6) | 2.0 | (1.5) | ||||||||||||
| Pre-Tax Income | (0.1) | (1.1) | 1.0 | 0.7 | (1.2) | (1.5) | 0.3 | 1.5 | (8.5) | (0.4) | (16.5) | (154.5) | (171.7) | (102.0) | (154.4) | 63.7 | |||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.2 | (0.7) | 0.3 | 0.3 | 0.1 |
| Net Income From Continuing Ops | (0.1) | (1.1) | 1.0 | 0.7 | (1.2) | (1.5) | 0.3 | 1.5 | (8.5) | (0.4) | (16.5) | (154.5) | (171.7) | (102.0) | (154.4) | 63.7 | (89.6) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (0.1) | (1.1) | 1.0 | 0.7 | (1.2) | (1.5) | 0.3 | 1.5 | (8.5) | (0.4) | (16.5) | (154.5) | (171.7) | (102.0) | (154.4) | 63.7 | (89.6) | ||||||||||||
| Net Income Attributable To Parent | (0.1) | (1.1) | 1.0 | 0.7 | (1.2) | (1.5) | 0.3 | 1.5 | (8.5) | (0.4) | (16.5) | (154.5) | (171.7) | (102.0) | (154.4) | 63.7 | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | 0.8 | - | - | - | 0.7 | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (0.9) | (1.9) | 0.2 | 0.0 | (1.9) | (2.2) | (0.3) | 0.8 | (9.1) | (2.8) | (16.5) | (154.5) | (171.7) | (102.3) | (154.4) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.05) | - | 0.01 | - | (0.12) | - | (0.02) | 0.05 | (0.57) | - | (1.03) | (9.69) | (10.71) | - | (10.93) | 4.75 | (0.46) | - | (0.54) | (0.61) | (0.72) | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.05) | - | 0.01 | - | (0.12) | - | (0.02) | 0.05 | (0.57) | - | (1.03) | (9.69) | (10.71) | - | (10.93) | 4.75 | (0.46) | - | |||||||||||
| Shares Basic | 16.1 | - | 0.0 | 0.0 | 16.1 | - | 0.0 | 0.0 | 0.0 | - | 16.0 | 15.9 | 16.0 | - | 14.1 | 13.4 | 196.5 | - | |||||||||||
| Shares Diluted | 16.1 | - | 0.0 | 0.0 | 16.1 | - | 0.0 | 0.0 | 0.0 | - | 16.0 | 15.9 | 16.0 | - | 14.1 | 13.4 | 196.5 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | (166.8) | - | - | - | (87.9) | - | - | - | (106.2) | - | - | - | (12.0) | - | - | - | - |
| EBIT | (0.7) | (2.1) | 0.4 | (0.4) | (1.8) | (1.4) | (0.5) | 0.5 | (9.5) | (3.6) | (17.5) | (153.6) | (174.2) | (104.1) | (154.8) | (40.5) | (87.9) | (84.7) | (99.3) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | 138.3 | 105.4 | 31.3 | - |
| General & Administrative | - | - | - | - | - | - | - | 0.6 |
| Depreciation & Amortization | - | - | - | 54.4 | - | 0.0 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | 11.1 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 2.7 | 3.8 | 10.9 | 259.7 | 357.5 | 400.5 | 102.3 | - |
| 0.7 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.0 | 0.0 | (0.3) | 0.1 | 0.8 | (10.1) | (20.9) | - |
| Pre-Tax Income | 0.5 | (0.6) | (8.1) | (343.1) | (282.4) | (410.4) | (124.1) | 3.9 |
| (410.4) |
| (124.1) |
| 3.0 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | 0.5 | (0.6) | (8.1) | (343.1) | (282.4) | (410.4) | (124.1) | 3.0 |
| Net Income Attributable To Parent | 0.5 | (0.6) | (8.1) | (343.1) | (282.4) | (410.4) | (124.1) | 3.0 |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (2.5) | (3.5) | (10.8) | (345.6) | (282.7) | (410.4) | (124.1) | 3.0 |
| (1.28) |
| - |
| Shares Basic | 16.1 | 16.1 | 16.1 | 0.0 | 13.9 | 180.7 | 96.7 | - |
| Shares Diluted | 16.1 | 16.1 | 16.1 | 0.0 | 13.9 | 180.7 | 96.7 | - |
| (102.3) |
| (0.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.9 |
| 31.3 |
| 33.8 |
| 14.4 |
| 10.6 |
| 12.0 |
| 5.2 |
| 3.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| 11.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 87.9 |
| 84.7 |
| 99.3 |
| 110.3 |
| 106.2 |
| 38.4 |
| 42.0 |
| 9.9 |
| 12.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.7 |
| 3.5 |
| 1.9 |
| (19.1) |
| (23.4) |
| 0.1 |
| 2.3 |
| 0.1 |
| - |
| - |
| - |
| - |
| (89.6) |
| (81.2) |
| (95.8) |
| (108.2) |
| (125.2) |
| (61.7) |
| (42.5) |
| (8.0) |
| (11.9) |
| 0.9 |
| 1.3 |
| 1.4 |
| 0.3 |
| (81.2) |
| (95.8) |
| (108.2) |
| (125.2) |
| (61.7) |
| (42.5) |
| (8.0) |
| (11.9) |
| 0.7 |
| 1.0 |
| 1.1 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (81.2) |
| (95.8) |
| (108.2) |
| (125.2) |
| (61.7) |
| (42.5) |
| (8.0) |
| (11.9) |
| 0.7 |
| 1.0 |
| 1.1 |
| 0.3 |
| (89.6) |
| (81.2) |
| (95.8) |
| (108.2) |
| (125.2) |
| (61.7) |
| (42.5) |
| (8.0) |
| (11.9) |
| 0.7 |
| 1.0 |
| 1.1 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 63.7 |
| (89.6) |
| (81.2) |
| (95.8) |
| (108.2) |
| (125.2) |
| (61.7) |
| (42.5) |
| (8.0) |
| (11.9) |
| 0.7 |
| 1.0 |
| 1.1 |
| 0.3 |
| - |
| (0.61) |
| (0.72) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 178.8 |
| 176.6 |
| 174.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 178.8 |
| 176.6 |
| 174.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (110.3) |
| (106.2) |
| (38.4) |
| (42.0) |
| (9.9) |
| (12.0) |
| (0.2) |
| (0.1) |
| (0.2) |
| (0.1) |