| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | - | - | - | - | - | - | 22.4 | 6.3 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 43.9 | 44.9 | 41.5 | 47.9 | 54.2 | 50.2 | 46.6 | 34.2 | 19.8 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (56.1) | (57.6) | (59.7) | (67.6) | (75.9) | (70.8) | (41.2) | (37.5) | (23.2) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | 0.0 | 0.0 | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (54.7) | (55.8) | (55.7) | (62.7) | |||||
| Per Share | |||||||||
| EPS Basic | (10.43) | (19.65) | (23.88) | (2.25) | (2.69) | (2.51) | (1.33) | - | - |
| EPS Diluted | (10.43) | (19.65) | (23.88) | (2.25) | (2.69) | ||||
| Supplementary Data | |||||||||
| EBITDA | - | (55.4) | (56.8) | (63.9) | (71.8) | (66.5) | (37.8) | (34.8) | (21.5) |
| EBIT | (56.1) | (57.6) | (59.7) | (67.6) | (75.9) | ||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 22.4 |
| 2.0 |
| 1.6 |
| 1.4 |
| 1.4 |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 6.8 | 6.8 | 6.1 | 24.1 | 7.9 | 8.9 | 8.8 | 12.4 | 11.4 | 11.8 | 11.0 | 13.4 | 11.6 | 12.8 | 13.5 | 12.8 | 15.0 | 12.3 | 13.6 | 11.9 | 12.4 | 12.1 | 12.7 | 11.1 | 10.6 | 11.4 | 8.7 | 7.6 | 6.5 | 6.2 | 4.9 | 4.4 | 4.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | 3.3 | 3.0 | 2.8 | 3.2 | 3.7 | 3.6 | 3.7 | 4.1 | 4.4 | 4.0 | 4.6 | 5.7 | 5.4 | 4.9 | 5.7 | 5.3 | 5.7 | ||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | 10.1 | 9.8 | 8.9 | 27.3 | 11.6 | 12.5 | 12.5 | 16.5 | 18.3 | 15.8 | 15.6 | 19.2 | 17.1 | 17.8 | 19.2 | 18.1 | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (10.1) | (9.8) | (8.9) | (27.3) | (11.6) | (12.5) | (12.5) | (16.5) | (18.3) | (15.8) | (15.6) | (19.2) | (17.1) | (17.8) | (19.2) | (18.1) | (20.8) | (17.1) | (18.5) | (18.0) | (17.2) | (16.2) | (17.4) | (15.8) | 8.2 | (12.0) | (9.7) | (9.0) | (6.8) | (7.1) | (5.8) | (5.3) | (5.0) |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | 0.3 | 0.3 | 0.3 | 0.5 | 0.6 | 0.9 | 1.0 | 1.1 | 1.2 | 1.3 | 1.3 | 1.3 | 1.0 | 0.5 | 0.3 | 0.2 | 0.2 | ||||||||||||||||
| 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 | - | - | - | - |
| Net Income From Continuing Ops | (9.8) | (9.4) | (8.6) | (26.8) | (11.0) | (11.6) | (11.5) | (15.4) | (17.1) | (14.5) | (14.3) | (17.9) | (16.1) | (17.3) | (18.9) | (17.9) | (20.6) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (9.8) | (9.4) | (8.6) | (26.8) | (11.0) | (11.6) | (11.5) | (15.4) | (17.1) | (14.5) | (14.3) | (17.9) | (16.1) | (17.3) | (18.9) | (17.9) | (20.6) | ||||||||||||||||
| Net Income Attributable To Parent | (9.8) | (9.4) | (8.6) | (26.8) | (11.0) | (11.6) | (11.5) | (15.4) | (17.1) | (14.5) | (14.3) | (17.9) | (16.1) | (17.3) | (18.9) | (17.9) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (9.8) | (9.4) | (8.6) | (26.8) | (11.0) | (11.6) | (11.5) | (15.4) | (17.1) | (14.5) | (14.3) | (17.9) | (16.1) | (17.3) | (18.9) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (1.87) | - | (3.22) | (11.29) | (4.70) | - | (4.95) | (6.61) | (0.61) | - | (0.51) | (0.64) | (0.58) | - | (0.68) | (0.65) | (0.74) | - | (0.65) | (0.65) | (0.60) | - | (0.59) | - | 0.35 | - | - | - | (4.46) | - | - | - | - |
| EPS Diluted | (1.87) | - | (3.22) | (11.29) | (4.70) | - | (4.95) | (6.61) | (0.61) | - | (0.51) | (0.64) | (0.58) | - | (0.68) | (0.65) | (0.74) | - | |||||||||||||||
| Shares Basic | 5.2 | - | 2.7 | 2.4 | 2.3 | - | 2.3 | 2.3 | 27.9 | - | 27.8 | 27.8 | 27.8 | - | 27.7 | 27.7 | 27.7 | - | |||||||||||||||
| Shares Diluted | 5.2 | - | 2.7 | 2.4 | 2.3 | - | 2.3 | 2.3 | 27.9 | - | 27.8 | 27.8 | 27.8 | - | 27.7 | 27.7 | 27.7 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (16.1) | - | - | - | 9.0 | (11.3) | (8.9) | (8.4) | (6.3) | (6.5) | (5.4) | (4.9) | (4.6) |
| EBIT | (10.1) | (9.8) | (8.9) | (27.3) | (11.6) | (12.5) | (12.5) | (16.5) | (18.3) | (15.8) | (15.6) | (19.2) | (17.1) | (17.8) | (19.2) | (18.1) | (20.8) | (17.1) | (18.5) | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | 12.2 | 12.7 | 15.7 | 19.7 | 21.7 | 20.6 | 17.0 | 9.6 | 3.4 |
| Depreciation & Amortization | - | 2.2 | 2.9 | 3.7 | 4.1 | 4.3 | 3.4 | 2.7 | 1.7 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 56.1 | 57.6 | 59.7 | 67.6 | 75.9 | 70.8 | 63.6 | 43.8 | 23.2 |
| - |
| 0.2 |
| 0.2 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.4 | 1.8 | 4.1 | 4.9 | 1.2 | 1.4 | 4.6 | 3.7 | 0.4 |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - |
| (74.7) |
| (69.4) |
| (36.6) |
| (33.7) |
| (22.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (54.7) | (55.8) | (55.7) | (62.7) | (74.7) | (69.4) | (36.6) | (33.7) | (22.8) |
| Net Income Attributable To Parent | (54.7) | (55.8) | (55.7) | (62.7) | (74.7) | (69.4) | (36.6) | (33.7) | (22.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (54.7) | (55.8) | (55.7) | (62.7) | (74.7) | (69.4) | (36.6) | (33.7) | (22.8) |
| (2.51) |
| (1.33) |
| - |
| - |
| Shares Basic | 5.2 | 2.8 | 2.3 | 27.8 | 27.7 | 27.6 | 27.5 | - | - |
| Shares Diluted | 5.2 | 2.8 | 2.3 | 27.8 | 27.7 | 27.6 | 27.5 | - | - |
| (70.8) |
| (41.2) |
| (37.5) |
| (23.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.8 |
| 4.9 |
| 6.0 |
| 4.8 |
| 4.1 |
| 4.7 |
| 4.7 |
| 3.6 |
| 2.6 |
| 2.6 |
| 2.7 |
| 1.7 |
| 0.8 |
| 0.9 |
| 0.9 |
| 0.8 |
| - |
| - |
| - |
| 1.1 |
| - |
| - |
| - |
| 0.8 |
| 0.8 |
| 0.8 |
| 0.6 |
| 0.6 |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 20.8 |
| 17.1 |
| 18.5 |
| 18.0 |
| 17.2 |
| 16.2 |
| 17.4 |
| 15.8 |
| 14.2 |
| 14.0 |
| 11.3 |
| 10.4 |
| 8.2 |
| 7.1 |
| 5.8 |
| 5.3 |
| 5.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.6 |
| (0.0) |
| 0.7 |
| 0.8 |
| 1.0 |
| 1.3 |
| 1.5 |
| 1.1 |
| 1.3 |
| 0.7 |
| 0.7 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.9) |
| (17.9) |
| (18.0) |
| (16.5) |
| (15.5) |
| (16.4) |
| (14.5) |
| 9.7 |
| (10.9) |
| (8.4) |
| (8.2) |
| (6.2) |
| (6.9) |
| (5.7) |
| (5.2) |
| (5.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.9) |
| (17.9) |
| (18.0) |
| (16.5) |
| (15.5) |
| (16.4) |
| (14.5) |
| 9.7 |
| (10.9) |
| (8.4) |
| (8.2) |
| (6.2) |
| (6.9) |
| (5.7) |
| (5.2) |
| (5.0) |
| (20.6) |
| (16.9) |
| (17.9) |
| (18.0) |
| (16.5) |
| (15.5) |
| (16.4) |
| (14.5) |
| 9.7 |
| (10.9) |
| (8.4) |
| (8.2) |
| (6.2) |
| (6.9) |
| (5.7) |
| (5.2) |
| (5.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.9) |
| (20.6) |
| (16.9) |
| (17.9) |
| (18.0) |
| (16.5) |
| (15.5) |
| (16.4) |
| (14.5) |
| 9.7 |
| (10.9) |
| (8.4) |
| (8.2) |
| (6.2) |
| (6.9) |
| (5.7) |
| (5.2) |
| (5.0) |
| (0.65) |
| (0.65) |
| (0.60) |
| - |
| (0.59) |
| - |
| 0.33 |
| - |
| - |
| - |
| (4.46) |
| - |
| - |
| - |
| - |
| 27.6 |
| 27.6 |
| 27.6 |
| - |
| 27.5 |
| - |
| 27.5 |
| - |
| - |
| - |
| 1.4 |
| - |
| - |
| - |
| - |
| 27.6 |
| 27.6 |
| 27.6 |
| - |
| 27.5 |
| - |
| 29.3 |
| - |
| - |
| - |
| 1.4 |
| - |
| - |
| - |
| - |
| (18.0) |
| (17.2) |
| (16.2) |
| (17.4) |
| (15.8) |
| 8.2 |
| (12.0) |
| (9.7) |
| (9.0) |
| (6.8) |
| (7.1) |
| (5.8) |
| (5.3) |
| (5.0) |