| (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 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 176.3 | 157.7 | 124.5 | 86.1 | 82.3 | 51.1 | 13.7 | 3.9 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (201.8) | (178.7) | (142.3) | (105.0) | (107.0) | (71.5) | (21.5) | (4.3) |
| Non-Operating | ||||||||
| Interest Income | 16.5 | 16.2 | 12.7 | 8.3 | 2.2 | 0.4 | 0.1 | 0.0 |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - |
| Net Income From Continuing Ops | (185.2) | (162.5) | (129.5) | (96.7) | (104.8) | |||
| Per Share | ||||||||
| EPS Basic | (1.80) | (1.87) | (2.20) | (2.14) | (2.62) | (1.80) | (3.42) | (1.66) |
| EPS Diluted | (1.80) | (1.87) | (2.20) | (2.14) | (2.62) | (1.80) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (178.2) | (141.9) | (104.6) | (106.6) | (71.3) | (21.5) | (4.3) |
| EBIT | (201.8) | (178.7) | (142.3) | (105.0) | (107.0) | (71.5) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 49.2 | 43.2 | 40.0 | 43.9 | 30.6 | 32.3 | 33.2 | 29.1 | 29.9 | 25.9 | 19.5 | 18.0 | 22.8 | 21.6 | 17.6 | 27.1 | 16.0 | 16.0 | 12.5 | 11.9 | 10.7 | 6.3 | 4.7 | 1.9 | 0.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 8.8 | 6.9 | 5.9 | 4.0 | 4.2 | 4.5 | 4.4 | 4.4 | 4.5 | 4.5 | 3.9 | 3.6 | 6.8 | 5.6 | 5.6 | 6.2 | 7.2 | ||||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 58.0 | 50.1 | 45.9 | 47.9 | 34.9 | 36.8 | 37.6 | 33.5 | 34.3 | 30.4 | 23.3 | 21.6 | 29.6 | 27.2 | 23.2 | 33.3 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (58.0) | (50.1) | (45.9) | (47.9) | (34.9) | (36.8) | (37.6) | (33.5) | (34.3) | (30.4) | (23.3) | (21.6) | (29.6) | (27.2) | (23.2) | (33.3) | (23.3) | (21.8) | (17.8) | (16.5) | (15.5) | (10.1) | (7.9) | (2.5) | (1.0) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 4.8 | 4.0 | 3.6 | 4.0 | 4.5 | 3.3 | 2.9 | 3.1 | 3.4 | 3.6 | 1.9 | 1.6 | 1.3 | 1.0 | 0.6 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 4.9 | 4.0 | 3.7 | 4.1 | 4.5 | 3.2 | 3.1 | 3.1 | 3.4 | 3.6 | 1.8 | 1.5 | 1.3 | 1.0 | 0.5 | 0.4 | 0.2 | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (53.1) | (46.1) | (42.2) | (43.8) | (30.4) | (33.6) | (34.6) | (30.4) | (31.0) | (26.8) | (21.5) | (20.1) | (28.3) | (26.2) | (22.7) | (32.9) | (23.0) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (53.1) | (46.1) | (42.2) | (43.8) | (30.4) | (33.6) | (34.6) | (30.4) | (31.0) | (26.8) | (21.5) | (20.1) | (28.3) | (26.2) | (22.7) | (32.9) | (23.0) | ||||||||
| Net Income Attributable To Parent | (53.1) | (46.1) | (42.2) | (43.8) | (30.4) | (33.6) | (34.6) | (30.4) | (31.0) | (26.8) | (21.5) | (20.1) | (28.3) | (26.2) | (22.7) | (32.9) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (53.1) | (46.1) | (42.2) | (43.8) | (30.4) | (33.6) | (34.6) | (30.4) | (31.0) | (26.8) | (21.5) | (20.1) | (28.3) | (26.2) | (22.7) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.52) | - | (0.49) | (0.51) | (0.36) | - | (0.60) | (0.54) | (0.56) | - | (0.48) | (0.49) | (0.70) | - | (0.57) | (0.82) | (0.58) | - | (0.45) | (0.42) | (0.39) | - | (3.71) | (0.95) | - |
| EPS Diluted | (0.52) | - | (0.49) | (0.51) | (0.36) | - | (0.60) | (0.54) | (0.56) | - | (0.48) | (0.49) | (0.70) | - | (0.57) | (0.82) | (0.58) | - | |||||||
| Shares Basic | 102.8 | - | 85.7 | 85.5 | 85.4 | - | 57.3 | 56.3 | 55.6 | - | 45.0 | 40.7 | 40.4 | - | 40.0 | 39.9 | 39.8 | - | |||||||
| Shares Diluted | 102.8 | - | 85.7 | 85.5 | 85.4 | - | 57.3 | 56.3 | 55.6 | - | 45.0 | 40.7 | 40.4 | - | 40.0 | 39.9 | 39.8 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (57.9) | - | - | - | (34.7) | - | - | - | (34.3) | - | - | - | (29.5) | - | - | - | (23.2) | - | - | - | (15.4) | - | - | - | (1.0) |
| EBIT | (58.0) | (50.1) | (45.9) | (47.9) | (34.9) | (36.8) | (37.6) | (33.5) | (34.3) | (30.4) | (23.3) | (21.6) | (29.6) | (27.2) | (23.2) | (33.3) | (23.3) | (21.8) | (17.8) | ||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 25.5 | 21.0 | 17.7 | 18.8 | 24.7 | 20.4 | 7.8 | 0.4 |
| Depreciation & Amortization | - | 0.5 | 0.4 | 0.4 | 0.4 | 0.2 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 201.8 | 178.7 | 142.3 | 105.0 | 107.0 | 71.5 | 21.5 | 4.3 |
| 0.7 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 16.7 | 16.2 | 12.8 | 8.3 | 2.2 | 0.4 | (0.6) | 0.0 |
| Pre-Tax Income | - | (162.4) | (129.5) | - | - | - | - | - |
| (71.1) |
| (22.1) |
| (4.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (185.2) | (162.5) | (129.5) | (96.7) | (104.8) | (71.1) | (22.1) | (4.3) |
| Net Income Attributable To Parent | (185.2) | (162.5) | (129.5) | (96.7) | (104.8) | (71.1) | (22.1) | (4.3) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (185.2) | (162.5) | (129.5) | (96.7) | (104.8) | (71.1) | (24.0) | (4.3) |
| (3.42) |
| (1.66) |
| Shares Basic | 102.8 | 87.0 | 58.7 | 45.2 | 40.0 | 39.5 | 7.0 | 2.6 |
| Shares Diluted | 102.8 | 87.0 | 58.7 | 45.2 | 40.0 | 39.5 | 7.0 | 2.6 |
| (21.5) |
| (4.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.8 |
| 5.2 |
| 4.6 |
| 4.8 |
| 3.8 |
| 3.2 |
| 0.5 |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.3 |
| 21.8 |
| 17.8 |
| 16.5 |
| 15.5 |
| 10.1 |
| 7.9 |
| 2.5 |
| 1.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (21.6) |
| (17.7) |
| (16.4) |
| (15.3) |
| (10.1) |
| (7.8) |
| (2.5) |
| (1.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (21.6) |
| (17.7) |
| (16.4) |
| (15.3) |
| (10.1) |
| (7.8) |
| (2.5) |
| (1.7) |
| (23.0) |
| (21.6) |
| (17.7) |
| (16.4) |
| (15.3) |
| (10.1) |
| (7.8) |
| (2.5) |
| (1.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (32.9) |
| (23.0) |
| (21.6) |
| (17.7) |
| (16.4) |
| (15.3) |
| (10.1) |
| (9.7) |
| (2.5) |
| (1.7) |
| (0.45) |
| (0.42) |
| (0.39) |
| - |
| (3.71) |
| (0.95) |
| - |
| 39.6 |
| 39.4 |
| 39.3 |
| - |
| 2.6 |
| 2.6 |
| - |
| 39.6 |
| 39.4 |
| 39.3 |
| - |
| 2.6 |
| 2.6 |
| - |
| (16.5) |
| (15.5) |
| (10.1) |
| (7.9) |
| (2.5) |
| (1.0) |