| (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 | 6.3 | 13.6 | 7.9 | 44.1 | 18.5 | 13.3 | 12.6 | 12.1 | 16.6 | 15.2 | 18.5 | 30.7 | 12.7 | 6.8 | 10.8 | 11.4 | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 71.8 | 84.0 | 54.5 | 77.0 | 38.6 | 29.8 | 17.8 | 31.1 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 331.4 | 316.9 | 221.6 | 189.1 | 184.5 | 116.4 | 66.5 | 45.0 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (315.3) | (285.7) | (213.0) | (155.1) | (183.9) | (117.9) | (65.0) | (22.2) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | 0.8 | 0.8 | 0.3 | 0.0 | 0.0 | 0.1 | (20.5) | 0.2 |
| Net Income From Continuing Ops | (295.3) | (264.5) | (193.6) | (143.9) | (180.4) | |||
| Per Share | ||||||||
| EPS Basic | (2.68) | (3.05) | (2.88) | (2.65) | (3.71) | (2.73) | - | - |
| EPS Diluted | (2.68) | (3.05) | (2.88) | (2.65) | (3.71) | (2.73) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (276.9) | (203.7) | (147.5) | (178.5) | (115.1) | (62.8) | (19.9) |
| EBIT | (315.3) | (285.7) | (213.0) | (155.1) | (183.9) | (117.9) | ||
| 9.6 |
| 7.4 |
| 10.3 |
| 7.1 |
| 5.0 |
| 6.7 |
| 4.1 |
| 4.2 |
| 2.9 |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 84.1 | 83.0 | 86.1 | 78.1 | 69.7 | 67.2 | 55.5 | 48.9 | 50.0 | 49.7 | 47.9 | 45.8 | 45.8 | 46.1 | 47.8 | 47.5 | 43.1 | 36.5 | 30.9 | 26.0 | 23.0 | 20.4 | 18.9 | 14.1 | 13.0 | - | 11.0 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 14.6 | 13.6 | 13.2 | 14.3 | 11.7 | 10.7 | 11.7 | 11.7 | 11.8 | 10.8 | 10.6 | 11.7 | 9.8 | 9.4 | 9.7 | 9.7 | 9.2 | ||||||||||||
| Depreciation & Amortization | 2.2 | - | - | - | 2.4 | - | - | - | 2.0 | - | - | - | 1.8 | 1.6 | 1.5 | 1.3 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 98.7 | 96.7 | 99.3 | 92.4 | 81.3 | 77.9 | 67.2 | 60.6 | 61.8 | 60.5 | 58.5 | 57.4 | 55.6 | 55.5 | 57.5 | 57.1 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (92.5) | (83.1) | (91.4) | (48.3) | (62.9) | (64.7) | (54.6) | (48.5) | (45.2) | (45.3) | (40.0) | (26.8) | (43.0) | (48.7) | (46.7) | (45.7) | (42.7) | (38.0) | (29.0) | (26.4) | (24.5) | (20.0) | (19.2) | (13.2) | (12.6) | - | (2.6) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Pre-Tax Income | - | (78.2) | (86.4) | (42.7) | (56.4) | (58.5) | (48.9) | (44.5) | (41.4) | (42.0) | (37.0) | (24.3) | (40.7) | (46.7) | (45.7) | (45.4) | |||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.8 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | 0.1 | 0.1 | 0.0 | 0.0 | (20.6) | 0.0 | - | 0.0 | - | - |
| Net Income From Continuing Ops | (87.2) | (78.2) | (86.4) | (43.5) | (56.4) | (58.5) | (49.0) | (44.5) | (41.5) | (42.0) | (37.0) | (24.3) | (40.7) | (46.7) | (45.7) | (45.4) | (42.5) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (87.2) | (78.2) | (86.4) | (43.5) | (56.4) | (58.5) | (49.0) | (44.5) | (41.5) | (42.0) | (37.0) | (24.3) | (40.7) | (46.7) | (45.7) | (45.4) | (42.5) | ||||||||||||
| Net Income Attributable To Parent | (87.2) | (78.2) | (86.4) | (43.5) | (56.4) | (58.5) | (49.0) | (44.5) | (41.5) | (42.0) | (37.0) | (24.3) | (40.7) | (46.7) | (45.7) | (45.4) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (87.2) | (78.2) | (86.4) | (43.5) | (56.4) | (58.5) | (49.0) | (44.5) | (41.5) | (42.0) | (37.0) | (24.3) | (40.7) | (46.7) | (45.7) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.79) | - | (1.03) | (0.52) | (0.67) | - | (0.67) | (0.71) | (0.76) | - | (0.68) | (0.45) | (0.75) | - | (0.90) | (1.01) | (0.95) | - | (0.65) | (0.60) | - | - | (1.09) | 0.00 | - | - | - | - | - |
| EPS Diluted | (0.79) | - | (1.03) | (0.52) | (0.67) | - | (0.67) | (0.71) | (0.76) | - | (0.68) | (0.45) | (0.75) | - | (0.90) | (1.01) | (0.95) | - | |||||||||||
| Shares Basic | 110.1 | - | 84.2 | 83.9 | 83.6 | - | 72.8 | 62.4 | 54.9 | - | 54.4 | 54.3 | 54.0 | - | 50.9 | 44.9 | 44.7 | - | |||||||||||
| Shares Diluted | 110.1 | - | 84.2 | 83.9 | 83.6 | - | 72.8 | 62.4 | 54.9 | - | 54.4 | 54.3 | 54.0 | - | 50.9 | 44.9 | 44.7 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (90.3) | - | - | - | (60.5) | - | - | - | (43.2) | - | - | - | (41.2) | (47.1) | (45.2) | (44.4) | (41.8) | (37.1) | (28.3) | (25.8) | (23.9) | (19.4) | (18.6) | (12.7) | (12.1) | - | (2.0) | - | - |
| EBIT | (92.5) | (83.1) | (91.4) | (48.3) | (62.9) | (64.7) | (54.6) | (48.5) | (45.2) | (45.3) | (40.0) | (26.8) | (43.0) | (48.7) | (46.7) | (45.7) | (42.7) | (38.0) | (29.0) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 55.7 | 52.7 | 45.9 | 42.9 | 38.0 | 31.2 | 16.3 | 8.3 |
| Depreciation & Amortization | - | 8.7 | 9.3 | 7.5 | 5.3 | 2.8 | 2.2 | 2.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 387.1 | 369.6 | 267.6 | 232.1 | 222.5 | 147.6 | 82.8 | 53.4 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - |
| Pre-Tax Income | - | (263.7) | (193.3) | (143.9) | (180.4) | (117.1) | (63.8) | (21.5) |
| (117.2) |
| (43.2) |
| (21.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (295.3) | (264.5) | (193.6) | (143.9) | (180.4) | (117.2) | (43.2) | (21.7) |
| Net Income Attributable To Parent | (295.3) | (264.5) | (193.6) | (143.9) | (180.4) | (117.2) | (43.2) | (21.7) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (295.3) | (264.5) | (193.6) | (143.9) | (180.4) | (117.2) | (43.2) | (21.7) |
| - |
| - |
| Shares Basic | 110.1 | 86.7 | 67.1 | 54.3 | 48.6 | 42.9 | - | - |
| Shares Diluted | 110.1 | 86.7 | 67.1 | 54.3 | 48.6 | 42.9 | - | - |
| (65.0) |
| (22.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.8 |
| 8.3 |
| 7.5 |
| 6.5 |
| 6.3 |
| 4.3 |
| 3.3 |
| 2.5 |
| - |
| 2.2 |
| - |
| - |
| 1.0 |
| 0.8 |
| 0.7 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.5 |
| 0.5 |
| - |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 52.4 |
| 45.3 |
| 39.2 |
| 33.5 |
| 29.5 |
| 26.7 |
| 23.3 |
| 17.4 |
| 15.4 |
| - |
| 13.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (42.5) |
| (37.7) |
| (29.0) |
| (26.2) |
| (24.2) |
| (19.9) |
| (18.5) |
| (13.0) |
| (12.4) |
| - |
| (2.4) |
| - |
| - |
| (37.7) |
| (28.8) |
| (26.4) |
| (24.3) |
| (19.9) |
| (18.5) |
| 7.6 |
| (12.4) |
| (13.5) |
| (2.4) |
| (3.1) |
| (2.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (37.7) |
| (28.8) |
| (26.4) |
| (24.3) |
| (19.9) |
| (18.5) |
| 7.6 |
| (12.4) |
| (13.5) |
| (2.4) |
| (3.1) |
| (2.7) |
| (42.5) |
| (37.7) |
| (28.8) |
| (26.4) |
| (24.3) |
| (19.9) |
| (18.5) |
| 7.6 |
| (12.4) |
| (13.5) |
| (2.4) |
| (3.1) |
| (2.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.6 |
| - |
| - |
| - |
| - |
| - |
| (45.4) |
| (42.5) |
| (37.7) |
| (28.8) |
| (26.4) |
| (24.3) |
| (12.3) |
| (18.5) |
| 0.0 |
| (12.4) |
| (13.5) |
| (2.4) |
| (3.1) |
| (2.7) |
| (0.65) |
| (0.60) |
| - |
| - |
| (1.09) |
| 0.00 |
| - |
| - |
| - |
| - |
| - |
| 44.4 |
| 43.8 |
| - |
| - |
| 16.9 |
| 3.7 |
| - |
| - |
| - |
| - |
| - |
| 44.4 |
| 43.8 |
| - |
| - |
| 16.9 |
| 4.9 |
| - |
| - |
| - |
| - |
| - |
| (26.4) |
| (24.5) |
| (20.0) |
| (19.2) |
| (13.2) |
| (12.6) |
| - |
| (2.6) |
| - |
| - |