| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | 1.1 | - | 0.2 | - | 0.0 | - | 0.0 | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | - | 1.2 | 0.0 | 0.0 | - | - | - | - | - |
| Cost of Revenue | - | 0.5 | 0.0 | - | - | - | - | - | - |
| Gross Profit | - | 0.7 | 0.0 | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 4.3 | 3.8 | 6.2 | 13.4 | 17.0 | 20.3 | 10.6 | - | - |
| Selling General & Administrative | - | 13.1 | 13.5 | - | |||||
| Operating Income | |||||||||
| Operating Income | (17.1) | (16.2) | (18.5) | (27.8) | (44.3) | (115.8) | (51.4) | (0.7) | (1.0) |
| Non-Operating | |||||||||
| Interest Income | 0.0 | 0.0 | 0.0 | 0.5 | 0.2 | - | - | - | - |
| Interest Expense | 0.9 | 0.7 | 0.2 | 0.1 | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | - | - | 0.0 | 0.1 | 0.0 |
| Net Income From Continuing Ops | (24.5) | (28.6) | (25.1) | (30.2) | |||||
| Per Share | |||||||||
| EPS Basic | (0.76) | (1.34) | (2.36) | (3.98) | (0.60) | (1.98) | (1.51) | - | - |
| EPS Diluted | - | - | - | - | (0.60) | ||||
| Supplementary Data | |||||||||
| EBITDA | - | (16.2) | (18.5) | (27.8) | (44.3) | (115.8) | (51.4) | - | - |
| EBIT | (17.1) | (16.2) | (18.5) | (27.8) | (44.3) | ||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.6 | - | 0.1 | - | 0.0 | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0.4 | - | 0.1 | - | 0.0 | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 1.3 | 0.6 | 1.4 | 1.0 | 0.8 | 1.0 | 0.6 | 2.8 | 1.7 | 5.4 | 3.3 | 3.9 | 0.8 | 4.5 | 4.1 | 3.0 | 5.5 | 6.4 | 6.3 | 4.7 | 2.9 | - | 4.3 | 1.4 | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | 3.8 | - | 2.8 | - | 2.9 | - | 2.4 | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | - | - | - | 2.7 | - | 2.6 | 2.4 | 4.2 | 4.3 | 4.7 | 2.5 | 4.1 | 2.9 | 5.4 | 5.0 | 6.6 | 10.2 | ||||||||||||||||
| Depreciation & Amortization | 0.1 | - | 0.0 | - | 0.0 | - | 0.0 | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | 5.8 | 5.6 | 4.3 | 3.7 | 3.8 | 2.4 | 3.0 | 7.1 | 6.0 | 10.0 | 5.8 | 8.2 | 3.8 | 9.9 | 9.1 | 9.6 | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (4.7) | (4.6) | (4.0) | (3.7) | (3.8) | (2.4) | (3.0) | (7.1) | (6.0) | (10.0) | (5.8) | (8.2) | (3.8) | (9.9) | (9.1) | (9.6) | (15.7) | (53.0) | (20.1) | (17.1) | (25.6) | (46.2) | (5.1) | 0.1 | (0.1) | (0.2) | (0.2) | (0.2) | (0.2) | (0.3) | (0.2) | (0.3) | (0.2) |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | - | 0.1 | 0.0 | - | - | - | - | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.2 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | 0.0 | 0.0 | |||||||||||||||
| Income From Equity Investments | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Other Non-Operating Income | 3.3 | 5.0 | (1.9) | (13.9) | (1.7) | (6.6) | 1.4 | (0.8) | (0.5) | 0.1 | (0.3) | (0.5) | (1.7) | (0.4) | 0.1 | 2.6 | 2.3 | ||||||||||||||||
| 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) | 0.1 | (0.0) | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (1.4) | 0.4 | (5.9) | (17.6) | (5.5) | (9.1) | (1.6) | (7.9) | (6.5) | (4.3) | (6.1) | (8.7) | (11.0) | (10.2) | (9.1) | (7.0) | (13.4) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (1.4) | 0.4 | (5.9) | (17.6) | (5.5) | (9.1) | (1.6) | (7.9) | (6.5) | (4.3) | (6.1) | (8.7) | (11.0) | (10.2) | (9.1) | (7.0) | (13.4) | ||||||||||||||||
| Net Income Attributable To Parent | (1.4) | 0.4 | (5.9) | (17.6) | (5.5) | (9.1) | (1.6) | (7.9) | (6.5) | (9.9) | (6.1) | (8.7) | (5.5) | (10.2) | (9.1) | (7.0) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (1.4) | 0.4 | (5.9) | (17.6) | (5.5) | (9.1) | (1.6) | (7.9) | (6.5) | (9.9) | (6.1) | (8.7) | (5.5) | (10.2) | (9.1) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.04) | - | (0.27) | (0.98) | (0.34) | - | (0.15) | (0.75) | (0.74) | - | (0.74) | (1.21) | (0.34) | - | (0.14) | (0.11) | (0.21) | - | (0.72) | 0.00 | (0.71) | - | (0.15) | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | (0.74) | - | (0.07) | (0.12) | (1.66) | - | (0.14) | (0.11) | (0.21) | - | |||||||||||||||
| Shares Basic | 32.3 | - | 22.2 | 17.9 | 16.4 | - | 11.0 | 10.5 | 8.9 | - | 8.2 | 7.3 | 16.4 | - | 66.4 | 65.7 | 63.7 | - | |||||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | 8.9 | - | 81.9 | 73.2 | 6.6 | - | 66.4 | 65.7 | 63.7 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (4.7) | - | (4.0) | - | (3.8) | - | (3.0) | - | (6.0) | - | - | - | (3.8) | - | - | - | (15.7) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (4.7) | (4.6) | (4.0) | (3.7) | (3.8) | (2.4) | (3.0) | (7.1) | (6.0) | (10.0) | (5.8) | (8.2) | (3.8) | (9.9) | (9.1) | (9.6) | (15.7) | (53.0) | (20.1) | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | 13.5 | 14.2 | 27.3 | 74.9 | 11.4 | - | - |
| Depreciation & Amortization | - | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 19.4 | 17.4 | 18.5 | 27.8 | 44.3 | 115.8 | 51.4 | 0.7 | 1.0 |
| 0.0 |
| 0.1 |
| - |
| - |
| Income From Equity Investments | - | (0.0) | 0.0 | - | - | - | - | - | - |
| Other Non-Operating Income | (7.4) | (12.4) | (6.6) | (2.3) | 4.6 | 22.7 | (0.4) | 1.2 | 1.1 |
| Pre-Tax Income | - | - | - | - | (39.8) | (93.1) | (51.8) | 0.5 | 0.1 |
| (39.8) |
| (93.1) |
| (51.8) |
| 0.4 |
| 0.1 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (24.5) | (28.6) | (25.1) | (30.2) | (39.8) | (93.1) | (51.8) | 0.4 | 0.1 |
| Net Income Attributable To Parent | (24.5) | (28.6) | (25.1) | (30.2) | (39.8) | (93.1) | (51.8) | 0.4 | 0.1 |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (24.5) | (28.6) | (25.1) | (30.2) | (39.8) | (348.9) | (51.8) | (0.3) | (0.7) |
| (1.98) |
| (1.51) |
| - |
| - |
| Shares Basic | 32.3 | 21.4 | 10.6 | 7.6 | 65.8 | 46.9 | 34.3 | - | - |
| Shares Diluted | - | - | - | - | 65.8 | 46.9 | 34.3 | - | - |
| (115.8) |
| (51.4) |
| (0.7) |
| (1.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 46.6 |
| 13.8 |
| 12.5 |
| 2.1 |
| - |
| 3.8 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 15.7 |
| 53.0 |
| 20.1 |
| 17.1 |
| 25.6 |
| 46.2 |
| 5.1 |
| (0.1) |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.3 |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.6 |
| (17.0) |
| 17.0 |
| 0.1 |
| (0.8) |
| (0.0) |
| (0.0) |
| 0.5 |
| 0.2 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.2 |
| (55.0) |
| (37.0) |
| (0.1) |
| (0.9) |
| (47.1) |
| (5.2) |
| 0.1 |
| 0.3 |
| (0.0) |
| 0.1 |
| 0.2 |
| 0.2 |
| (0.0) |
| 0.1 |
| 0.0 |
| 0.0 |
| (30.4) |
| (37.0) |
| (0.1) |
| (25.5) |
| (45.1) |
| (5.2) |
| 0.1 |
| (1.6) |
| (0.0) |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.0 |
| 0.0 |
| (0.0) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (30.4) |
| (37.0) |
| (0.1) |
| (25.5) |
| (45.1) |
| (5.2) |
| 0.1 |
| (1.6) |
| (0.0) |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.0 |
| 0.0 |
| (0.0) |
| 0.0 |
| (13.4) |
| (30.4) |
| (37.0) |
| (0.1) |
| (25.5) |
| (45.1) |
| (5.2) |
| 0.1 |
| (1.6) |
| (0.0) |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.0 |
| 0.0 |
| (0.0) |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.0) |
| (13.4) |
| (30.4) |
| (37.0) |
| (255.9) |
| (25.5) |
| (47.0) |
| (5.2) |
| 0.1 |
| 0.3 |
| (0.0) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.3) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.72) |
| (0.41) |
| (0.71) |
| - |
| (0.15) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 51.7 |
| 41.7 |
| 35.7 |
| - |
| 34.1 |
| 33.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 51.7 |
| 42.5 |
| 35.7 |
| - |
| 34.1 |
| 36.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.1) |
| (25.6) |
| (46.2) |
| (5.1) |
| 0.1 |
| (0.1) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.3) |
| (0.2) |
| (0.3) |
| (0.2) |