| (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 | Q3 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||
| Revenues | 0.1 | 30.9 | 0.9 | 0.8 | 0.9 | 0.3 | 1.0 | 0.8 | 0.6 | 0.3 | 0.4 | 0.9 | 1.2 | 1.1 | 1.2 | 0.4 | ||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | 32.7 | 33.5 | 2.6 | 2.8 | 3.5 | - |
| Cost of Revenue | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | - |
| Gross Profit | 32.5 | 33.3 | 2.4 | 2.6 | 3.3 | - |
| Operating Expenses | ||||||
| Research & Development | 60.5 | 58.2 | 42.8 | 33.8 | 21.9 | - |
| Selling General & Administrative | 27.0 | 26.9 | 23.9 | 20.3 | 14.0 | - |
| Operating Income | ||||||
| Operating Income | (55.0) | (51.8) | (64.3) | (51.5) | (32.7) | (0.4) |
| Non-Operating | ||||||
| Interest Income | - | - | - | - | 0.3 | 0.0 |
| Interest Expense | - | - | 0.3 | 1.4 | 1.3 | - |
| Income From Equity Investments | ||||||
| Tax & Net | ||||||
| Income Tax Expense | - | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (54.6) | (52.7) | (61.0) | (49.1) | (33.6) | (0.4) |
| Net Income From Discontinued Ops | ||||||
| Per Share | ||||||
| EPS Basic | (0.87) | (1.11) | (1.66) | (1.48) | (2.24) | (0.02) |
| EPS Diluted | (0.87) | (1.11) | (1.66) | (1.48) | (2.24) | (0.02) |
| Shares Basic | ||||||
| Supplementary Data | ||||||
| EBITDA | (54.6) | (51.5) | (64.0) | (51.2) | (32.4) | - |
| EBIT | (55.0) | (51.8) | (64.3) | (51.5) | (32.7) | (0.4) |
| 0.9 |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | - | - | - | - | - |
| Gross Profit | 0.1 | 30.9 | 0.8 | 0.8 | 0.8 | 0.2 | 0.9 | 0.7 | 0.6 | 0.2 | 0.4 | 0.9 | 1.1 | 1.1 | 1.1 | 0.3 | 0.8 | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||
| Research & Development | 15.8 | 16.8 | 14.0 | 13.9 | 13.5 | 11.0 | 11.6 | 11.1 | 9.1 | 8.5 | 8.6 | 8.5 | 8.3 | 7.5 | 5.9 | 5.0 | 3.5 | - | - | - | - | - |
| Selling General & Administrative | 6.4 | 7.3 | 7.1 | 6.3 | 6.3 | 5.9 | 5.7 | 6.5 | 5.9 | 4.2 | 6.3 | 5.3 | 4.4 | 3.3 | 5.3 | 2.9 | ||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.8 | 0.8 | 0.9 | 0.4 | |||||
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | ||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Operating Expenses | 1.4 | (0.5) | (0.5) | (0.0) | 0.2 | 0.5 | 0.9 | 0.9 | 1.0 | (0.3) | 1.2 | 0.9 | 0.6 | 0.1 | (0.2) | (0.2) | (0.6) | |||||
| Total Operating Expenses | 22.2 | 24.2 | 21.2 | 20.2 | 19.8 | 16.9 | 17.3 | 17.6 | 15.0 | 12.7 | 14.9 | 13.9 | 12.7 | 10.9 | 11.2 | 8.0 | ||||||
| Operating Income | ||||||||||||||||||||||
| Operating Income | (22.1) | 6.8 | (20.3) | (19.3) | (18.9) | (16.7) | (16.3) | (16.9) | (14.4) | (12.5) | (14.5) | (13.0) | (11.5) | (9.8) | (10.1) | (7.6) | (5.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) |
| Non-Operating | ||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - |
| Interest Expense | - | - | - | - | - | 0.3 | 0.0 | 0.0 | 0.0 | 0.1 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 | 0.2 | - | ||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | (0.0) | - | - | - | - | - | - | - | - | |||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Tax & Net | ||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (20.7) | 6.2 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (15.0) | (10.3) | (7.8) | (0.4) | |||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income | (20.7) | 6.2 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (15.0) | (10.3) | (7.8) | (0.4) | |||||
| Net Income Attributable To Parent | (20.7) | 6.2 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (9.8) | (10.3) | (7.8) | ||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Net Income To Common Shareholders | (20.7) | 6.0 | (20.8) | (19.4) | (18.8) | (16.2) | (15.4) | (16.0) | (13.5) | (12.8) | (13.3) | (12.0) | (10.9) | (9.8) | (10.3) | |||||||
| Per Share | ||||||||||||||||||||||
| EPS Basic | (0.33) | - | (0.40) | (0.50) | (0.49) | - | (0.41) | (0.45) | (0.38) | - | (0.38) | (0.35) | (0.40) | - | (0.51) | (0.77) | (0.62) | - | 0.00 | 0.00 | (0.01) | - |
| EPS Diluted | (0.33) | - | (0.40) | (0.50) | (0.49) | - | (0.41) | (0.45) | (0.38) | - | (0.38) | (0.35) | (0.40) | - | (0.51) | (0.77) | (0.62) | - | ||||
| Shares Basic | 62.7 | - | 52.2 | 38.4 | 38.2 | - | 37.6 | 35.8 | 35.8 | - | 35.2 | 34.6 | 27.6 | - | 20.2 | 10.1 | 9.2 | - | ||||
| Shares Diluted | 62.7 | - | 52.2 | 38.4 | 38.2 | - | 37.6 | 35.8 | 35.8 | - | 35.2 | 34.6 | 27.6 | - | 20.2 | 10.1 | 9.2 | - | ||||
| Supplementary Data | ||||||||||||||||||||||
| EBITDA | (22.0) | 6.8 | (20.2) | (19.2) | (18.8) | (16.6) | (16.3) | (16.8) | (14.3) | (12.4) | (14.5) | (12.9) | (11.5) | (9.8) | (10.0) | (7.6) | (5.1) | - | - | - | - | - |
| EBIT | (22.1) | 6.8 | (20.3) | (19.3) | (18.9) | (16.7) | (16.3) | (16.9) | (14.4) | (12.5) | (14.5) | (13.0) | (11.5) | (9.8) | (10.1) | (7.6) | (5.1) | (0.1) | (0.1) | |||
| Selling & Marketing | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | 3.0 | 0.3 |
| Depreciation & Amortization | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | - |
| Amortization of Intangibles | - | - | - | - | - | - |
| Other Operating Expenses | 0.3 | (0.9) | 3.3 | 2.4 | (1.0) | - |
| Total Operating Expenses | 87.7 | 85.3 | 66.9 | 54.3 | 36.2 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| Other Non-Operating Income | - | - | (0.0) | - | - | - |
| Pre-Tax Income | - | - | - | - | - | - |
| - |
| - |
| - |
| - |
| - |
| - |
| Net Income | (54.6) | (52.7) | (61.0) | (49.1) | (33.6) | (0.4) |
| Net Income Attributable To Parent | (54.6) | (52.7) | (61.0) | (49.1) | (33.6) | (0.4) |
| Less: Minority Interest | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - |
| Net Income To Common Shareholders | (54.9) | (53.0) | (61.0) | (49.1) | (33.6) | (0.4) |
| 62.7 |
| 47.7 |
| 36.8 |
| 33.2 |
| 15.0 |
| 20.5 |
| Shares Diluted | 62.7 | 47.7 | 36.8 | 33.2 | 15.0 | 20.5 |
| 2.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.0 |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| (5.7) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.8) |
| (5.7) |
| (0.3) |
| (0.1) |
| (0.1) |
| 0.1 |
| (0.1) |
| 0.00 |
| 0.00 |
| - |
| - |
| 20.5 |
| 20.5 |
| 20.5 |
| - |
| 20.5 |
| 20.5 |
| - |
| - |
| (0.1) |
| (0.1) |
| (0.1) |