| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | 83.2 | 41.9 | 13.1 | 4.8 | 3.1 | 5.7 | 0.7 | 1.4 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 143.0 | 62.9 | 7.9 | 0.0 | - | - | - |
| Cost of Revenue | - | - | 7.1 | 0.0 | - | - | - |
| Gross Profit | - | - | 0.8 | 0.0 | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 125.6 | 115.1 | 99.1 | 71.3 | 87.8 | 69.0 | 32.6 |
| Selling General & Administrative | 154.5 | 151.6 | 69.2 | 28.5 | - | ||
| Operating Income | |||||||
| Operating Income | (150.2) | (213.1) | (592.6) | (99.8) | (119.7) | (93.3) | (43.6) |
| Non-Operating | |||||||
| Interest Income | 21.2 | 21.4 | 27.1 | 24.6 | 7.4 | 3.0 | 1.9 |
| Interest Expense | 20.3 | 13.7 | 0.3 | 0.0 | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (146.0) | (204.6) | (567.9) | (75.8) | (104.2) | (86.8) | |
| Per Share | |||||||
| EPS Basic | (420.33) | (0.60) | (2.11) | (0.35) | (0.48) | (0.44) | - |
| EPS Diluted | (386.72) | (0.60) | (2.11) | (0.35) | (0.48) | (0.44) | - |
| Supplementary Data | |||||||
| EBITDA | - | (211.3) | (591.9) | (99.6) | (119.5) | (93.1) | (43.4) |
| EBIT | (150.2) | (213.1) | (592.6) | (99.8) | (119.7) | (93.3) | (43.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | 3.3 | 2.6 | 2.1 | 4.2 | 1.5 | 1.3 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | 9.8 | 2.3 | 1.0 | 1.5 | (0.8) | 0.1 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 35.0 | 34.3 | 28.8 | 27.4 | 24.6 | 29.3 | 27.7 | 29.2 | 12.8 | 15.4 | 18.6 | 18.6 | 18.8 | 16.9 | 21.3 | 28.9 | 20.7 | 22.0 | 17.1 | 14.0 | 15.9 | 9.3 | 8.6 | 7.3 | 7.3 |
| Selling General & Administrative | 38.3 | 40.3 | 37.4 | 38.5 | 35.4 | 26.1 | 19.6 | 16.2 | 7.4 | - | 7.8 | 7.5 | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | 7.4 | 5.5 | 7.8 | 7.5 | 7.7 | 7.5 | 8.0 | 8.9 | 7.5 | ||||||||
| Depreciation & Amortization | 0.5 | - | - | - | 0.3 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 79.3 | 81.8 | 66.2 | 65.8 | 62.1 | 62.5 | 47.3 | 470.5 | 20.2 | 20.8 | 26.3 | 26.1 | 26.5 | 24.3 | 29.3 | 37.9 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | 3.9 | (34.0) | (56.4) | (63.6) | (59.0) | (53.9) | (48.1) | (470.4) | (20.2) | (20.8) | (26.3) | (26.1) | (26.5) | (24.3) | (29.3) | (37.9) | (28.2) | (29.6) | (22.8) | (20.4) | (20.5) | (13.8) | (11.5) | (9.0) | (9.2) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 5.1 | 5.3 | 6.0 | 4.8 | 5.3 | 6.1 | 6.7 | 7.1 | 7.1 | 7.0 | 6.5 | 6.1 | 5.0 | 3.5 | 2.1 | 0.8 | 1.0 | 0.9 | 0.8 | 0.8 | 0.4 | 0.5 | 0.4 | 0.5 | 0.5 |
| Interest Expense | 6.7 | 8.1 | 5.1 | 0.4 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 1.5 | (2.6) | 0.6 | 4.6 | 5.8 | 4.5 | 6.9 | 7.9 | 5.4 | 7.0 | 6.7 | 5.5 | 4.8 | 3.5 | 2.1 | 3.0 | 6.9 | ||||||||
| Pre-Tax Income | 5.4 | (36.6) | (55.8) | (59.0) | (53.2) | (49.4) | (41.2) | (462.5) | (14.8) | (13.8) | (19.6) | (20.6) | (21.7) | (20.8) | (27.2) | (34.9) | |||||||||
| 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 | - |
| Net Income From Continuing Ops | 5.4 | (36.6) | (55.8) | (59.0) | (53.2) | (49.4) | (41.2) | (462.5) | (14.8) | (13.8) | (19.6) | (20.6) | (21.7) | (20.8) | (27.2) | (34.9) | (21.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | 5.4 | (36.6) | (55.8) | (59.0) | (53.2) | (49.4) | (41.2) | (462.5) | (14.8) | (13.8) | (19.6) | (20.6) | (21.7) | (20.8) | (27.2) | (34.9) | (21.3) | ||||||||
| Net Income Attributable To Parent | 5.4 | (36.6) | (55.8) | (59.0) | (53.2) | (49.4) | (41.2) | (462.5) | (14.8) | (13.8) | (19.6) | (20.6) | (21.7) | (20.8) | (27.2) | (34.9) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | 5.4 | (36.6) | (55.8) | (59.0) | (53.2) | (49.4) | (41.2) | (462.5) | (14.8) | (13.8) | (19.6) | (20.6) | (21.7) | (20.8) | (27.2) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | 0.02 | - | (0.16) | (0.17) | (0.16) | - | (0.15) | (1.89) | (0.07) | - | (0.09) | (0.09) | (0.10) | - | (0.12) | (0.16) | (0.10) | - | (0.11) | (0.09) | - | - | - | - | - |
| EPS Diluted | 0.01 | - | (0.16) | (0.17) | (0.16) | - | (0.15) | (1.89) | (0.07) | - | (0.09) | (0.09) | (0.10) | - | (0.12) | (0.16) | (0.10) | - | |||||||
| Shares Basic | 0.3 | - | 0.3 | 0.3 | 0.3 | - | 0.3 | 0.2 | 0.2 | - | 0.2 | 0.2 | 0.2 | - | 0.2 | 0.2 | 0.2 | - | |||||||
| Shares Diluted | 0.4 | - | 0.3 | 0.3 | 0.3 | - | 0.3 | 0.2 | 0.2 | - | 0.2 | 0.2 | 0.2 | - | 0.2 | 0.2 | 0.2 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | 4.4 | - | - | - | (58.7) | - | - | - | (20.1) | - | - | - | (26.5) | - | - | - | (28.1) | - | - | - | (20.5) | - | - | - | (9.2) |
| EBIT | 3.9 | (34.0) | (56.4) | (63.6) | (59.0) | (53.9) | (48.1) | (470.4) | (20.2) | (20.8) | (26.3) | (26.1) | (26.5) | (24.3) | (29.3) | (37.9) | (28.2) | (29.6) | (22.8) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | 28.5 | 31.9 | 24.3 | 10.9 |
| Depreciation & Amortization | - | 1.7 | 0.7 | 0.2 | 0.2 | 0.2 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 293.2 | 276.0 | 600.5 | 99.8 | 119.7 | 93.3 | 43.6 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 4.2 | 8.4 | 24.7 | 24.0 | 15.5 | 6.5 | 1.9 |
| Pre-Tax Income | (146.0) | (204.6) | (567.9) | (75.8) | (104.2) | (86.8) | (41.7) |
| (41.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (146.0) | (204.6) | (567.9) | (75.8) | (104.2) | (86.8) | (41.7) |
| Net Income Attributable To Parent | (146.0) | (204.6) | (567.9) | (75.8) | (104.2) | (86.8) | (41.7) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (146.0) | (204.6) | (567.9) | (75.8) | (104.2) | (86.8) | (41.7) |
| Shares Basic | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | - |
| Shares Diluted | 0.4 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.6 |
| 5.7 |
| 6.4 |
| 4.6 |
| 4.4 |
| 2.9 |
| 1.7 |
| 1.9 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 28.2 |
| 29.6 |
| 22.8 |
| 20.4 |
| 20.5 |
| 13.8 |
| 11.5 |
| 9.0 |
| 9.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.5 |
| 0.8 |
| 1.1 |
| 0.1 |
| 0.5 |
| 0.5 |
| 0.4 |
| 0.5 |
| (21.3) |
| (25.1) |
| (22.0) |
| (19.3) |
| (20.4) |
| (13.3) |
| (11.0) |
| (8.6) |
| (8.7) |
| (25.1) |
| (22.0) |
| (19.3) |
| (20.4) |
| (13.3) |
| (11.0) |
| (8.6) |
| (8.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (25.1) |
| (22.0) |
| (19.3) |
| (20.4) |
| (13.3) |
| (11.0) |
| (8.6) |
| (8.7) |
| (21.3) |
| (25.1) |
| (22.0) |
| (19.3) |
| (20.4) |
| (13.3) |
| (11.0) |
| (8.6) |
| (8.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (34.9) |
| (21.3) |
| (25.1) |
| (22.0) |
| (19.3) |
| (20.4) |
| (13.3) |
| (11.0) |
| (8.6) |
| (8.7) |
| (0.11) |
| (0.09) |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| (20.4) |
| (20.5) |
| (13.8) |
| (11.5) |
| (9.0) |
| (9.2) |