| (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 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 | Q4 FY 15 | Q3 FY 15 | Q2 FY 15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 0.1 | 0.4 | 0.1 | 0.4 | 2.1 | 1.3 | 1.3 | 1.2 | 0.2 | 1.9 | 0.1 | 0.7 | 0.3 | 0.2 | 0.1 | 0.4 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||
| Revenues | 1.0 | 3.0 | 4.0 | 3.0 | 0.7 | 0.4 | 0.5 | 0.3 | 0.4 | - | - | - | - |
| Cost of Revenue | 0.7 | 2.1 | 2.8 | 2.5 | 1.6 | 1.1 | 1.0 | 0.5 | 0.2 | - | - | - | - |
| Gross Profit | 0.4 | 0.9 | 1.2 | 0.5 | (1.0) | (0.7) | (0.5) | (0.2) | 0.2 | - | - | - | - |
| Operating Expenses | |||||||||||||
| Research & Development | 9.7 | 9.6 | 6.9 | 5.6 | 4.2 | 2.0 | 0.7 | 0.3 | 0.2 | - | - | - | - |
| Selling General & Administrative | |||||||||||||
| Operating Income | |||||||||||||
| Operating Income | (18.9) | (18.1) | (12.5) | (10.6) | (9.4) | (9.1) | (4.7) | (1.8) | (0.5) | - | - | - | - |
| Non-Operating | |||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | ||||||||||||
| Tax & Net | |||||||||||||
| Income Tax Expense | - | 0.0 | - | - | - | 0.2 | 0.0 | 0.0 | 0.0 | - | - | 0.0 | 0.0 |
| Net Income From Continuing Ops | |||||||||||||
| Per Share | |||||||||||||
| EPS Basic | (1.10) | (1.07) | (1.03) | (0.98) | (1.33) | (1.44) | - | - | - | - | - | - | - |
| EPS Diluted | (1.10) | ||||||||||||
| Supplementary Data | |||||||||||||
| EBITDA | (18.8) | (18.0) | (12.4) | (10.3) | (9.2) | (9.0) | (4.6) | (1.8) | (0.5) | - | - | - | - |
| EBIT | (18.9) | ||||||||||||
| 0.0 |
| 0.1 |
| 0.0 |
| 0.3 |
| 0.0 |
| 0.4 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.1 | 0.3 | 0.1 | 0.2 | 1.5 | 0.8 | 0.9 | 0.7 | 0.4 | 0.9 | 0.3 | 0.8 | 0.6 | 0.4 | 0.4 | 0.6 | 0.3 | 0.3 | 0.2 | 0.4 | 0.2 | 0.6 | 0.2 | 0.2 | 0.1 | - | 0.1 | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0.0 | 0.2 | 0.0 | 0.1 | 0.5 | 0.5 | 0.4 | 0.5 | (0.2) | 1.1 | (0.2) | (0.1) | (0.2) | (0.2) | (0.3) | (0.2) | (0.3) | (0.2) | (0.2) | (0.1) | (0.2) | (0.2) | (0.1) | (0.1) | (0.1) | - | (0.0) | (0.1) | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 2.6 | 2.3 | 2.5 | 2.4 | 2.5 | 2.2 | 1.7 | 1.4 | 1.6 | 1.5 | 1.4 | 1.4 | 1.4 | 1.2 | 1.0 | 1.0 | 1.0 | 0.8 | 0.6 | 0.4 | 0.3 | 0.2 | 0.1 | 0.1 | 0.3 | - | 0.1 | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | 1.0 | 0.7 | 0.6 | 0.6 | 0.4 | 0.4 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.5 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | |||||||||||||||||||||||
| General & Administrative | 1.8 | 1.6 | 1.7 | 1.6 | 2.2 | 1.6 | 1.3 | 1.2 | 1.3 | 1.2 | 1.1 | 1.2 | 1.0 | 0.3 | 0.8 | 1.2 | 1.3 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.1 | 0.1 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (5.3) | (4.4) | (4.7) | (4.4) | (4.6) | (3.8) | (3.0) | (2.4) | (3.4) | (1.9) | (2.9) | (3.1) | (2.8) | (1.8) | (2.3) | (2.6) | (2.8) | (2.9) | (2.6) | (2.1) | (1.6) | (1.2) | (1.0) | (0.9) | (1.5) | - | (0.4) | (0.3) | - | - | - | - | - | - | - | - | - | - | - | - |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (5.2) | 29.8 | (4.4) | (4.1) | (4.3) | (3.6) | (2.9) | (2.2) | (3.2) | (1.3) | (2.5) | (2.9) | (2.7) | (1.7) | (2.2) | (2.8) | (2.8) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (5.2) | (4.3) | (4.4) | (4.1) | (4.3) | (3.6) | (2.9) | (2.2) | (3.2) | (1.3) | (2.5) | (2.9) | (2.7) | (1.7) | (2.2) | (2.8) | (2.8) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (5.2) | (4.3) | (4.4) | (4.1) | (4.3) | (3.6) | (2.9) | (2.2) | (3.2) | (1.3) | (2.5) | (2.9) | (2.7) | (1.7) | (2.2) | (2.8) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (5.2) | (4.3) | (4.4) | (4.1) | (4.3) | (3.6) | (2.9) | (2.2) | (3.2) | (1.3) | (2.5) | (2.9) | (2.7) | (1.7) | (2.2) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.32) | - | (0.27) | (0.25) | (0.29) | - | (0.23) | (0.21) | (0.30) | - | (0.24) | (0.28) | (0.37) | - | (0.32) | (0.39) | (0.39) | - | (0.37) | (0.31) | (0.38) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.32) | - | (0.27) | (0.25) | (0.29) | - | (0.23) | (0.21) | (0.30) | - | (0.24) | (0.28) | (0.37) | - | (0.32) | (0.39) | - | - | ||||||||||||||||||||||
| Shares Basic | 16.4 | - | 16.3 | 16.3 | 14.6 | - | 12.3 | 10.4 | 10.4 | - | 10.4 | 10.4 | 0.0 | - | 7.1 | 7.1 | 7.1 | - | ||||||||||||||||||||||
| Shares Diluted | 16.4 | - | 16.3 | 16.3 | 14.6 | - | 12.3 | 10.4 | 10.4 | - | 10.4 | 10.4 | 0.0 | - | 7.1 | 7.1 | - | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (5.3) | (4.4) | (4.7) | (4.4) | (4.5) | (3.7) | (3.0) | (2.3) | (3.3) | (1.8) | (2.8) | (3.1) | (2.6) | (1.7) | (2.3) | (2.5) | (2.7) | (2.8) | (2.5) | (2.1) | (1.6) | (1.2) | (1.0) | (0.9) | (1.5) | - | (0.4) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | (5.3) | (4.4) | (4.7) | (4.4) | (4.6) | (3.8) | (3.0) | (2.4) | (3.4) | (1.9) | (2.9) | (3.1) | (2.8) | (1.8) | (2.3) | (2.6) | (2.8) | (2.9) | (2.6) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 2.9 | 2.3 | 1.2 | 1.1 | 0.7 | 0.9 | 0.4 | 0.2 | 0.3 | - | - | - | - |
| General & Administrative | 6.7 | 7.0 | 5.6 | 4.4 | 3.6 | 5.5 | 3.0 | 1.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 |
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.1 | 0.1 | 0.0 | 0.0 | - | - | - | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | 0.0 | 0.1 | 0.0 | 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | 0.0 | (0.0) | - | - |
| Pre-Tax Income | - | 17.0 | 11.8 | (9.4) | (9.5) | (9.0) | (4.7) | (1.8) | (0.5) | - | - | - | - |
| 16.1 |
| 17.0 |
| (11.8) |
| (9.4) |
| (9.5) |
| (9.0) |
| (4.7) |
| (1.8) |
| (0.5) |
| 0.0 |
| (0.1) |
| (0.0) |
| (0.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (18.0) | (17.0) | (11.8) | (9.4) | (9.5) | (9.0) | (4.7) | (1.8) | (0.5) | 0.0 | (0.1) | (0.0) | (0.0) |
| Net Income Attributable To Parent | (18.0) | (17.0) | (11.8) | (9.4) | (9.5) | (9.0) | (4.7) | (1.8) | (0.5) | 0.0 | (0.1) | (0.0) | (0.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (18.0) | (17.0) | (11.8) | (9.4) | (9.5) | (9.0) | (4.7) | (1.8) | (0.5) | 0.0 | (0.1) | (0.0) | (0.0) |
| (1.07) |
| (1.03) |
| (0.98) |
| (1.33) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 16.4 | 0.0 | 0.0 | 9.7 | 0.0 | 6.2 | - | - | - | - | - | - | - |
| Shares Diluted | 16.4 | 0.0 | 0.0 | 9.7 | 0.0 | - | - | - | - | - | - | - | - |
| (18.1) |
| (12.5) |
| (10.6) |
| (9.4) |
| (9.1) |
| (4.7) |
| (1.8) |
| (0.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.6 |
| 1.6 |
| 1.4 |
| 0.9 |
| 0.7 |
| 0.6 |
| 0.6 |
| 1.1 |
| (0.5) |
| 0.2 |
| 0.2 |
| (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 |
| 0.1 |
| 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 |
| 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) |
| (0.0) |
| 0.0 |
| - |
| - |
| - |
| - |
| (2.6) |
| - |
| - |
| - |
| (1.0) |
| - |
| - |
| - |
| (0.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.7) |
| (2.6) |
| (2.1) |
| (1.6) |
| (1.3) |
| (1.0) |
| (1.0) |
| (1.4) |
| 1.0 |
| (0.4) |
| (0.4) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.7) |
| (2.6) |
| (2.1) |
| (1.6) |
| (1.3) |
| (1.0) |
| (1.0) |
| (1.4) |
| 1.0 |
| (0.4) |
| (0.4) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| (0.0) |
| (0.0) |
| (0.0) |
| (2.8) |
| (2.7) |
| (2.6) |
| (2.1) |
| (1.6) |
| (1.3) |
| (1.0) |
| (1.0) |
| (1.4) |
| 1.0 |
| (0.4) |
| (0.4) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.8) |
| (2.8) |
| (2.7) |
| (2.6) |
| (2.1) |
| (1.6) |
| (1.3) |
| (1.0) |
| (1.0) |
| (1.4) |
| 1.0 |
| (0.4) |
| (0.4) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| 0.0 |
| (0.0) |
| (0.0) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.9 |
| 6.7 |
| 4.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.1) |
| (1.6) |
| (1.2) |
| (1.0) |
| (0.9) |
| (1.5) |
| - |
| (0.4) |
| (0.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |