| (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 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 1.0 | 1.0 | 1.1 | 0.8 | 0.2 | 0.4 | - | 0.1 | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | 0.1 | 0.1 | 3.0 | 2.5 | 0.4 | 0.5 | - | - | - | - | - | - |
| Cost of Revenue | 0.3 | 0.2 | 4.8 | 6.4 | 3.6 | 0.6 | - | - | - | - | - | - |
| Gross Profit | (0.2) | (0.1) | (1.8) | (3.9) | (3.2) | (0.1) | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||
| Research & Development | 5.1 | 4.5 | 5.9 | 14.3 | 25.3 | 19.8 | 11.0 | 6.6 | 4.3 | 2.6 | 1.7 | 0.5 |
| Selling General & Administrative | - | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | (24.4) | (21.8) | (44.5) | (68.8) | (91.1) | (54.4) | (23.4) | (14.3) | (10.6) | (8.0) | (5.7) | - |
| Non-Operating | ||||||||||||
| Interest Income | 0.0 | 0.0 | 0.3 | 0.5 | 0.2 | - | - | - | - | - | - | - |
| Interest Expense | (0.0) | 0.0 | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (22.2) | (2.5) | ||||||||||
| Per Share | ||||||||||||
| EPS Basic | (18.00) | (5.63) | 99.15 | (9.16) | (15.03) | (0.65) | - | - | - | - | - | - |
| EPS Diluted | (18.00) | (5.63) | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | - | (21.7) | (43.3) | (65.9) | (88.6) | (54.2) | (23.3) | (14.3) | (10.6) | (8.0) | (5.6) | - |
| EBIT | (24.4) | (21.8) | ||||||||||
| 0.2 |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 1.4 | 1.7 | 1.7 | 1.6 | 1.8 | 1.7 | 1.3 | 1.6 | 1.6 | 0.0 | 0.4 | - | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | (0.1) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.4) | (0.7) | (0.7) | (0.5) | (1.0) | (1.5) | (0.9) | - | (1.6) | - | (0.2) | - | 0.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 1.4 | 1.8 | 1.1 | 0.8 | 0.8 | 0.8 | 1.5 | 1.6 | 1.9 | 3.6 | 3.2 | 3.5 | 4.1 | 6.5 | 6.2 | 6.7 | 5.9 | 7.0 | 5.3 | 4.3 | 3.3 | 3.6 | 2.6 | 2.1 | 2.6 | 2.3 | 1.5 | 1.4 | 1.5 | 1.4 | 1.2 | 1.1 | 0.6 | 0.6 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.4 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 2.9 | 4.2 | 4.3 | 4.7 | 4.0 | 4.3 | 4.5 | 5.8 | 4.7 | 4.9 | 3.9 | |||||||||||||||||||||||
| General & Administrative | 6.4 | 4.7 | 3.5 | 3.7 | 4.4 | 4.2 | 6.6 | 7.0 | 6.7 | 7.0 | 6.9 | 6.7 | 10.4 | 10.4 | 10.4 | 11.2 | 9.5 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.6 | - | - | - | 0.7 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | 0.0 | 0.1 | 0.1 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.7 | 0.1 | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 8.1 | 6.9 | 4.8 | 4.7 | 5.5 | 5.2 | 12.6 | 14.7 | 15.0 | 17.4 | 16.3 | 16.7 | 20.8 | 25.3 | 23.4 | 23.5 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (8.0) | (6.8) | (4.8) | (4.7) | (5.4) | (5.2) | (11.6) | (13.7) | (14.0) | (16.4) | (15.5) | (16.5) | (20.4) | (24.6) | (23.4) | (23.5) | (19.6) | (19.7) | (13.7) | (13.0) | (8.1) | (7.6) | (5.5) | (5.0) | (5.3) | (4.6) | (3.2) | (3.3) | (3.1) | (3.3) | (2.6) | (2.7) | (1.9) | (1.9) | (2.0) | (2.0) | (2.2) | (1.7) | (1.9) | (1.3) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | - | 0.5 | 0.5 | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 7.0 | 4.0 | (1.2) | (7.6) | 24.1 | 6.3 | 72.3 | (1.2) | (4.5) | (1.0) | (6.2) | (1.4) | (1.8) | 0.0 | (6.6) | (5.6) | 0.0 | |||||||||||||||||||||||
| Pre-Tax Income | (1.1) | (2.8) | (6.0) | (12.3) | 18.6 | 1.1 | 60.7 | (14.9) | (18.5) | (17.4) | (21.8) | (17.9) | (22.2) | (24.6) | (29.9) | (29.1) | ||||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (1.1) | (2.8) | (6.0) | (12.3) | 18.6 | 1.1 | 60.7 | (14.9) | (18.5) | (17.4) | (21.8) | (17.9) | (22.2) | (24.6) | (29.9) | (29.1) | (19.6) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (1.1) | (2.8) | (6.0) | (12.3) | 18.6 | 1.1 | 60.7 | (14.9) | (18.5) | (17.4) | (21.8) | (17.9) | (22.2) | (24.6) | (29.9) | (29.1) | (19.6) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (0.1) | (1.3) | (5.4) | (11.9) | 19.0 | 1.4 | 64.4 | (10.8) | (15.2) | (14.0) | (17.7) | (14.5) | (17.9) | (20.5) | (26.1) | (25.5) | ||||||||||||||||||||||||
| Less: Minority Interest | (1.0) | (1.5) | (0.6) | (0.4) | (0.3) | (0.3) | (3.7) | (4.1) | (3.3) | (3.4) | (4.1) | (3.4) | (4.3) | (4.1) | (3.8) | (3.6) | (2.8) | |||||||||||||||||||||||
| Less: Preferred Dividends | - | - | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | - | 0.1 | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (7.0) | (1.8) | (6.3) | (13.3) | 17.7 | 1.3 | 64.3 | (10.9) | (22.8) | (15.9) | (17.7) | (14.6) | (18.0) | (20.5) | (26.2) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (4.42) | - | (0.29) | (0.74) | 38.26 | - | 6.43 | (1.19) | (2.62) | - | (2.38) | (2.10) | (2.78) | - | (0.29) | (0.29) | (0.20) | - | (0.15) | (0.14) | (0.13) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (4.42) | - | (0.29) | (0.74) | 10.10 | - | 1.44 | (1.19) | (2.62) | - | (2.38) | (2.10) | (2.78) | - | (0.29) | (0.29) | - | - | ||||||||||||||||||||||
| Shares Basic | 1.6 | - | 21.6 | 18.1 | 0.5 | - | 10.0 | 9.2 | 8.7 | - | 7.5 | 7.0 | 6.5 | - | 89.8 | 87.0 | 86.3 | - | ||||||||||||||||||||||
| Shares Diluted | 1.6 | - | 21.6 | 18.1 | 1.7 | - | 44.5 | 9.2 | 8.7 | - | 7.5 | 7.0 | 6.5 | - | 89.8 | 87.0 | - | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (8.0) | - | - | - | (5.4) | - | - | - | (13.5) | - | - | - | (19.7) | - | - | - | (19.4) | - | - | - | (8.1) | - | - | - | (5.3) | - | - | (3.3) | (3.1) | (3.3) | (2.6) | (2.7) | (1.9) | (1.9) | (2.0) | (2.0) | (2.2) | (1.7) | (1.9) | (1.3) |
| EBIT | (8.0) | (6.8) | (4.8) | (4.7) | (5.4) | (5.2) | (11.6) | (13.7) | (14.0) | (16.4) | (15.5) | (16.5) | (20.4) | (24.6) | (23.4) | (23.5) | (19.6) | (19.7) | (13.7) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 0.9 | 0.9 | 11.6 | 17.6 | 19.3 | 8.9 | 2.8 | - | - | - | - | - |
| General & Administrative | 18.2 | 16.3 | 24.5 | 30.9 | 41.4 | 25.4 | 9.6 | 7.7 | 6.3 | 5.4 | 3.9 | 1.3 |
| Depreciation & Amortization | - | 0.1 | 1.2 | 2.9 | 2.5 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Amortization of Intangibles | - | 0.0 | 0.6 | 2.0 | 1.8 | 0.1 | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 24.5 | 21.9 | 47.5 | 71.2 | 91.5 | 54.3 | 23.4 | 14.3 | 10.6 | 8.0 | 5.7 | 1.8 |
| 0.0 |
| 0.6 |
| 1.3 |
| - |
| 0.1 |
| 0.0 |
| 2.4 |
| 0.7 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.2 | 19.3 | 72.9 | (10.5) | (12.2) | (1.7) | (12.5) | (3.0) | (7.6) | (1.5) | - | - |
| Pre-Tax Income | (22.2) | (2.5) | 28.4 | (79.3) | (103.2) | (56.1) | (35.9) | (17.3) | (18.2) | (9.5) | (5.7) | - |
| 28.4 |
| (79.3) |
| (103.2) |
| (56.1) |
| (35.9) |
| (17.3) |
| (18.2) |
| (9.5) |
| (5.7) |
| (1.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (22.2) | (2.5) | 28.4 | (79.3) | (103.2) | (56.1) | (35.9) | (17.3) | (18.2) | (9.5) | (5.7) | (1.8) |
| Net Income Attributable To Parent | (18.6) | 0.4 | 39.8 | (64.2) | (89.0) | (50.3) | (34.3) | (16.5) | (18.0) | (9.5) | (5.7) | (1.8) |
| Less: Minority Interest | (3.5) | (2.9) | (11.4) | (15.1) | (14.3) | (5.8) | (1.6) | (0.8) | (0.2) | - | - | - |
| Less: Preferred Dividends | - | - | 0.3 | 0.3 | 0.3 | - | - | - | 0.0 | 0.1 | - | - |
| Net Income To Common Shareholders | (28.5) | (3.8) | 32.0 | (66.3) | (89.3) | (50.6) | (34.6) | (16.7) | (18.8) | (10.4) | (5.7) | (1.8) |
| 14.90 |
| (9.16) |
| (15.03) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 1.6 | 0.7 | 0.3 | 7.2 | 5.9 | 77.5 | - | - | - | - | - | - |
| Shares Diluted | 1.6 | 0.7 | 2.2 | 7.2 | 5.9 | - | - | - | - | - | 13.0 | 11.3 |
| (44.5) |
| (68.8) |
| (91.1) |
| (54.4) |
| (23.4) |
| (14.3) |
| (10.6) |
| (8.0) |
| (5.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.3 |
| 2.3 |
| 1.9 |
| 1.4 |
| - |
| - |
| - |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.1 |
| 6.1 |
| 6.8 |
| 3.4 |
| 2.7 |
| 2.2 |
| 2.4 |
| 2.2 |
| 2.3 |
| 1.7 |
| 1.9 |
| 1.7 |
| 1.9 |
| 1.4 |
| 1.6 |
| 1.4 |
| 1.3 |
| 1.3 |
| 1.3 |
| 1.5 |
| 1.1 |
| 1.4 |
| 1.0 |
| 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 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.3 |
| 19.5 |
| 13.7 |
| 13.0 |
| 8.1 |
| 7.6 |
| 5.5 |
| 5.0 |
| 5.3 |
| 4.6 |
| 3.2 |
| 3.3 |
| 3.1 |
| 3.3 |
| 2.6 |
| 2.7 |
| 1.9 |
| 1.9 |
| 2.0 |
| 2.0 |
| 2.2 |
| 1.7 |
| 1.9 |
| 1.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| 0.7 |
| 0.7 |
| 0.5 |
| 0.5 |
| - |
| 0.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| (2.0) |
| (1.7) |
| (0.3) |
| (0.8) |
| (9.7) |
| (2.0) |
| (0.0) |
| (0.4) |
| (0.6) |
| (3.6) |
| (0.7) |
| (2.4) |
| (0.9) |
| (1.5) |
| (3.2) |
| 1.0 |
| 2.1 |
| - |
| - |
| - |
| (19.6) |
| (19.7) |
| (13.7) |
| (12.7) |
| (10.1) |
| (9.3) |
| (5.9) |
| (5.8) |
| (14.9) |
| (6.6) |
| (3.3) |
| (3.7) |
| (3.7) |
| (6.9) |
| (3.3) |
| (5.1) |
| (2.8) |
| 0.9 |
| (5.1) |
| (1.0) |
| (4.3) |
| (1.7) |
| (1.9) |
| (1.3) |
| (19.7) |
| (13.7) |
| (12.7) |
| (10.1) |
| (9.3) |
| (5.9) |
| (5.8) |
| (14.9) |
| (6.6) |
| (3.3) |
| (3.7) |
| (3.7) |
| (6.9) |
| (3.3) |
| (5.1) |
| (2.8) |
| 0.9 |
| (5.1) |
| (1.0) |
| (4.3) |
| (1.7) |
| (1.9) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.7) |
| (13.7) |
| (12.7) |
| (10.1) |
| (9.3) |
| (5.9) |
| (5.8) |
| (14.9) |
| (6.6) |
| (3.3) |
| (3.7) |
| (3.7) |
| (12.1) |
| (3.3) |
| 0.1 |
| (2.8) |
| 0.9 |
| (5.1) |
| (1.0) |
| (4.3) |
| (1.7) |
| (1.9) |
| (1.3) |
| (16.9) |
| (17.2) |
| (12.2) |
| (11.5) |
| (9.4) |
| (8.7) |
| (5.5) |
| (5.6) |
| (14.5) |
| (6.2) |
| (3.1) |
| (3.6) |
| (3.5) |
| (6.8) |
| (3.2) |
| (5.1) |
| (2.8) |
| 0.9 |
| (5.1) |
| (1.0) |
| (4.3) |
| (1.7) |
| (1.9) |
| (1.3) |
| (2.5) |
| (1.4) |
| (1.2) |
| (0.7) |
| (0.5) |
| (0.4) |
| (0.3) |
| (0.4) |
| (0.3) |
| (0.2) |
| (0.1) |
| (0.2) |
| - |
| (0.0) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.0) |
| 0.1 |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| (25.6) |
| (16.9) |
| (17.3) |
| (12.3) |
| (11.5) |
| (9.5) |
| (8.8) |
| (5.6) |
| (5.6) |
| (14.5) |
| (6.3) |
| (3.2) |
| (3.7) |
| (3.6) |
| (6.9) |
| (3.3) |
| (5.1) |
| (3.4) |
| 0.3 |
| (5.4) |
| (1.0) |
| (4.3) |
| (1.7) |
| (1.9) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 83.3 |
| 82.2 |
| 74.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.3 |
| 13.0 |
| (13.0) |
| (8.1) |
| (7.6) |
| (5.5) |
| (5.0) |
| (5.3) |
| (4.6) |
| (3.2) |
| (3.3) |
| (3.1) |
| (3.3) |
| (2.6) |
| (2.7) |
| (1.9) |
| (1.9) |
| (2.0) |
| (2.0) |
| (2.2) |
| (1.7) |
| (1.9) |
| (1.3) |