| (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 | 22.5 | 26.6 | 32.0 | 26.1 | 21.1 | 20.5 | 22.1 | 20.7 | 14.8 | 21.0 | 9.2 | 13.1 | 10.7 | 12.0 | 17.4 | 18.3 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 107.1 | 105.7 | 78.1 | 54.0 | 69.2 | 75.8 | 75.4 |
| Cost of Revenue | 52.6 | 52.2 | 38.7 | 31.4 | 45.9 | 40.8 | 39.5 |
| Gross Profit | 54.4 | 53.5 | 39.3 | 22.6 | 23.3 | 35.1 | 35.9 |
| Operating Expenses | |||||||
| Research & Development | 15.1 | 14.1 | 9.8 | 10.3 | 27.9 | 21.4 | 10.5 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (11.1) | (8.3) | (20.2) | (28.6) | (84.6) | (55.8) | (7.0) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | 0.4 | 0.8 | 1.6 | 3.2 | 1.1 | 1.8 | 1.4 |
| Tax & Net | |||||||
| Income Tax Expense | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (46.0) | (39.7) | (12.5) | (32.9) | (79.3) | (71.7) | |
| Per Share | |||||||
| EPS Basic | (1.74) | (2.31) | (1.57) | (4.53) | (9.98) | (1.13) | (0.48) |
| EPS Diluted | (1.73) | - | (1.57) | (4.53) | (9.98) | (1.13) | (0.48) |
| Supplementary Data | |||||||
| EBITDA | - | (7.7) | (19.8) | (27.8) | (83.2) | (54.7) | (6.1) |
| EBIT | (11.1) | (8.3) | (20.2) | (28.6) | (84.6) | (55.8) | (7.0) |
| 21.5 |
| (2.5) |
| 31.5 |
| 24.9 |
| 21.9 |
| - |
| 21.2 |
| - |
| - |
| Cost of Revenue | 10.2 | 13.9 | 15.8 | 12.7 | 9.8 | 9.5 | 10.6 | 10.4 | 8.2 | 11.1 | 5.9 | 7.9 | 6.6 | 8.6 | 12.7 | 11.7 | 12.8 | 3.5 | 16.6 | 11.4 | 9.2 | - | 11.3 | - | - |
| Gross Profit | 12.2 | 12.6 | 16.2 | 13.4 | 11.3 | 11.0 | 11.5 | 10.3 | 6.5 | 9.9 | 3.3 | 5.2 | 4.2 | 3.3 | 4.6 | 6.6 | 8.8 | (6.0) | 14.9 | 13.5 | 12.7 | - | 9.8 | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 4.0 | 3.6 | 3.8 | 3.8 | 2.9 | 2.5 | 2.6 | 2.4 | 2.3 | 2.3 | 2.4 | 2.7 | 2.9 | 4.5 | 7.1 | 7.8 | 8.5 | 7.2 | 6.3 | 4.5 | 3.4 | - | 2.7 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 4.5 | 5.2 | 4.9 | 4.3 | 4.0 | 4.0 | 4.0 | 3.9 | 3.9 | 3.8 | 3.3 | 3.1 | 3.4 | 7.4 | 9.7 | 9.7 | 11.6 | ||||||||
| General & Administrative | 9.3 | 8.7 | 6.3 | 7.2 | 7.1 | 11.8 | 9.8 | 6.3 | 6.1 | 6.9 | 5.4 | 6.1 | 8.9 | 12.1 | 9.7 | 9.5 | 10.3 | ||||||||
| Depreciation & Amortization | 0.2 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.3 | - | - | - | |||||||||
| Amortization of Intangibles | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 17.7 | 17.5 | 15.0 | 15.3 | 14.0 | 18.4 | 16.4 | 12.5 | 12.3 | 13.0 | 11.2 | 11.9 | 15.1 | 24.1 | 26.4 | 27.0 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (5.5) | (4.9) | 1.2 | (1.9) | (2.7) | (7.4) | (4.8) | (2.2) | (5.7) | (3.1) | (7.9) | (6.7) | (11.0) | (20.7) | (21.8) | (20.4) | (21.7) | (33.3) | (13.8) | (5.9) | (2.8) | - | (1.1) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | 0.0 | - | - |
| Interest Expense | 0.0 | 0.0 | 0.1 | 0.3 | 0.4 | 1.4 | 0.1 | (0.0) | 0.2 | 0.2 | 0.1 | 0.1 | 2.8 | 0.3 | 0.4 | 0.2 | 0.2 | 0.4 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 2.2 | (4.3) | 2.9 | (35.7) | 5.7 | (1.6) | (0.8) | 1.1 | 9.0 | (3.8) | 2.2 | (1.7) | (0.9) | 1.2 | 2.5 | 8.7 | (7.1) | ||||||||
| Pre-Tax Income | (3.3) | (9.2) | 4.1 | (37.6) | 3.0 | (9.0) | (5.6) | (1.1) | 3.3 | (6.9) | (5.6) | (8.5) | (11.9) | (19.5) | (19.4) | (11.7) | |||||||||
| 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 | - | - |
| Net Income From Continuing Ops | (3.3) | (9.2) | 4.1 | (37.6) | 3.0 | (9.1) | (5.6) | (1.1) | 3.3 | (6.9) | (5.6) | (8.5) | (11.9) | (19.5) | (19.4) | (11.7) | (28.8) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (3.3) | (9.2) | 4.1 | (37.6) | 3.0 | (9.1) | (5.6) | (1.1) | 3.3 | (6.9) | (5.6) | (8.5) | (11.9) | (19.5) | (19.4) | (11.7) | (28.8) | ||||||||
| Net Income Attributable To Parent | (3.3) | (9.2) | 4.1 | (37.6) | 3.0 | (9.1) | (5.6) | (1.1) | 3.3 | (6.9) | (5.6) | (8.5) | (11.9) | (19.5) | (19.4) | (11.7) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | 0.8 | 0.8 | 1.2 | 1.5 | 1.3 | 1.3 | 1.3 | 1.3 | 0.7 | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (4.1) | (9.1) | 2.7 | (37.2) | 1.7 | (9.1) | (6.8) | (2.7) | 1.3 | (8.2) | (7.0) | (9.8) | (12.5) | (19.5) | (19.4) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.15) | - | 0.17 | (2.37) | 0.11 | - | (0.61) | (0.30) | 0.15 | - | (0.84) | (1.19) | (1.54) | - | (2.42) | (1.48) | (0.26) | - | (0.36) | (0.24) | (0.35) | - | - | - | - |
| EPS Diluted | (0.25) | - | (0.06) | (2.37) | 0.11 | - | (0.61) | (0.30) | (0.51) | - | (0.84) | (1.19) | (1.54) | - | (2.42) | (1.48) | (0.26) | - | |||||||
| Shares Basic | 27.4 | - | 16.2 | 15.7 | 15.4 | - | 11.0 | 8.9 | 8.7 | - | 8.3 | 8.2 | 8.1 | - | 8.0 | 7.9 | 110.4 | - | |||||||
| Shares Diluted | 27.6 | - | 19.3 | 15.7 | 15.4 | - | 11.0 | 8.9 | 9.6 | - | 8.3 | 8.2 | 8.1 | - | 8.0 | 7.9 | 110.4 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (5.3) | - | - | - | (2.6) | - | - | - | (5.6) | - | - | - | (10.7) | - | - | - | (21.3) | - | - | - | (2.6) | - | - | - | - |
| EBIT | (5.5) | (4.9) | 1.2 | (1.9) | (2.7) | (7.4) | (4.8) | (2.2) | (5.7) | (3.1) | (7.9) | (6.7) | (11.0) | (20.7) | (21.8) | (20.4) | (21.7) | (33.3) | (13.8) | ||||||
| - |
| Selling & Marketing | 18.9 | 18.5 | 15.8 | 13.5 | 38.5 | 37.1 | 19.3 |
| General & Administrative | 31.5 | 29.2 | 34.0 | 27.3 | 41.5 | 32.3 | 13.1 |
| Depreciation & Amortization | - | 0.5 | 0.5 | 0.8 | 1.4 | 1.1 | 0.9 |
| Amortization of Intangibles | 0.5 | 0.4 | 0.1 | 0.1 | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 65.5 | 61.8 | 59.5 | 51.2 | 107.9 | 90.9 | 42.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (34.9) | (31.4) | 7.7 | (4.3) | 5.3 | (15.9) | (3.5) |
| Pre-Tax Income | (46.0) | (39.7) | (12.5) | (32.9) | (79.3) | (71.7) | (10.5) |
| (10.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (46.0) | (39.7) | (12.5) | (32.9) | (79.3) | (71.7) | (10.5) |
| Net Income Attributable To Parent | (46.0) | (39.7) | (12.5) | (32.9) | (79.3) | (71.7) | (10.5) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | 4.9 | 4.6 | - | - | - |
| Net Income To Common Shareholders | (47.7) | (41.9) | (17.2) | (37.5) | (79.3) | (71.7) | (10.5) |
| Shares Basic | 27.4 | 18.1 | 11.0 | 8.3 | 8.0 | 63.2 | 22.0 |
| Shares Diluted | 27.6 | 18.1 | 11.0 | 8.3 | 8.0 | 63.2 | 22.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.3 |
| 13.1 |
| 7.6 |
| 6.1 |
| - |
| 5.0 |
| - |
| - |
| 9.8 |
| 9.3 |
| 7.3 |
| 6.0 |
| - |
| 3.2 |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 30.5 |
| 27.3 |
| 28.6 |
| 19.4 |
| 15.5 |
| - |
| 10.9 |
| - |
| - |
| 0.5 |
| 0.5 |
| 0.4 |
| - |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.3 |
| (20.7) |
| 0.5 |
| (5.0) |
| - |
| (0.4) |
| - |
| - |
| (28.8) |
| (24.0) |
| (34.4) |
| (5.3) |
| (7.9) |
| - |
| (1.5) |
| - |
| - |
| (24.1) |
| (34.5) |
| (5.3) |
| (7.9) |
| (5.8) |
| (1.5) |
| (1.1) |
| (2.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.1) |
| (34.5) |
| (5.3) |
| (7.9) |
| (5.8) |
| (1.5) |
| (1.1) |
| (2.1) |
| (28.8) |
| (24.1) |
| (34.5) |
| (5.3) |
| (7.9) |
| (5.8) |
| (1.5) |
| (1.1) |
| (2.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.7) |
| (28.8) |
| (24.1) |
| (34.5) |
| (5.3) |
| (7.9) |
| (5.8) |
| (1.5) |
| (1.1) |
| (2.1) |
| (0.36) |
| (0.24) |
| (0.35) |
| - |
| - |
| - |
| - |
| 96.7 |
| 22.5 |
| 22.2 |
| - |
| - |
| - |
| - |
| 96.7 |
| 22.5 |
| 22.2 |
| - |
| - |
| - |
| - |
| (5.9) |
| (2.8) |
| - |
| (1.1) |
| - |
| - |