| (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 | 3.5 | 1.7 | 0.9 | 1.0 | 1.7 | 0.8 | 0.9 | 2.7 | 3.4 | 0.7 | 1.8 | 1.3 | 2.3 | 6.1 | 4.7 | 3.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 7.1 | 5.2 | 7.8 | 6.1 | 14.6 | 5.1 | 8.8 |
| Cost of Revenue | 4.8 | 2.7 | 3.5 | 5.0 | 11.6 | 3.9 | 5.6 |
| Gross Profit | 2.3 | 2.6 | 4.3 | 1.1 | 3.0 | 1.2 | 3.2 |
| Operating Expenses | |||||||
| Research & Development | 13.9 | 12.9 | 10.4 | 39.0 | 34.1 | 17.5 | 14.1 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (37.4) | (32.4) | (26.9) | (121.0) | (177.0) | (81.0) | (21.0) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | (2.5) | (2.5) | 0.0 | 0.0 | (3.9) | 0.0 | 0.0 |
| Net Income From Continuing Ops | (25.3) | 10.0 | (72.6) | (115.6) | (157.1) | (81.5) | |
| Per Share | |||||||
| EPS Basic | (0.56) | 0.26 | (2.71) | (4.51) | (6.42) | (0.72) | - |
| EPS Diluted | (0.56) | 0.24 | (2.71) | (4.51) | (6.42) | (0.72) | - |
| Supplementary Data | |||||||
| EBITDA | (36.3) | (31.4) | (26.1) | (119.4) | (175.6) | (80.5) | (20.5) |
| EBIT | (37.4) | (32.4) | (26.9) | (121.0) | (177.0) | (81.0) | (21.0) |
| 0.7 |
| 1.0 |
| 1.1 |
| 1.1 |
| 1.8 |
| - |
| 1.5 |
| - |
| - |
| Cost of Revenue | 2.5 | 1.4 | 0.5 | 0.5 | 0.4 | 0.6 | 0.5 | 0.6 | 1.9 | 1.1 | 1.2 | 0.9 | 1.8 | 4.4 | 3.6 | 3.1 | 0.5 | 1.1 | 0.9 | 0.7 | 1.2 | - | 1.0 | - | - |
| Gross Profit | 1.1 | 0.3 | 0.4 | 0.5 | 1.4 | 0.2 | 0.4 | 2.1 | 1.6 | (0.3) | 0.6 | 0.3 | 0.5 | 1.7 | 1.1 | (0.1) | 0.3 | (0.1) | 0.2 | 0.5 | 0.6 | - | 0.5 | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 3.9 | 3.8 | 3.1 | 3.1 | 2.9 | 2.6 | 2.6 | 2.3 | 2.9 | 7.9 | 10.0 | 11.7 | 9.4 | 10.2 | 10.5 | 7.6 | 5.9 | 6.1 | 4.5 | 4.1 | 2.8 | - | 4.6 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | 1.8 | 1.0 | 1.2 | 1.3 | 1.2 | 0.6 | 1.3 | 1.4 | 0.8 | 0.9 | 1.8 | 4.4 | 3.7 | 2.7 | 2.4 | 2.6 | 2.2 | ||||||||
| General & Administrative | 6.9 | 4.7 | 4.1 | 4.2 | 4.2 | 3.5 | 4.0 | 4.3 | 5.1 | 5.9 | 7.6 | 8.3 | 9.7 | 12.9 | 14.6 | 18.1 | 17.8 | ||||||||
| Depreciation & Amortization | 0.4 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | |||||||||
| Amortization of Intangibles | 0.4 | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.6 | 0.0 | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 15.5 | 11.0 | 8.9 | 9.1 | 8.6 | 7.2 | 8.2 | 8.5 | 10.8 | 37.8 | 32.6 | 31.2 | 25.5 | 101.3 | 31.9 | 32.0 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (11.9) | (9.3) | (8.1) | (8.1) | (6.9) | (6.5) | (7.3) | (5.8) | (7.4) | (37.1) | (30.8) | (30.0) | (23.2) | (95.2) | (27.3) | (29.0) | (25.6) | (27.6) | (40.5) | (7.7) | (5.2) | - | (6.9) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.9 | (0.0) | 1.0 | 0.7 | (0.0) | (0.0) | 0.0 | ||||||||
| Pre-Tax Income | (12.6) | (4.0) | (3.7) | (7.5) | 22.8 | (53.0) | (7.1) | (5.3) | (7.2) | (36.5) | (29.0) | (28.7) | (21.5) | (92.1) | (25.0) | (24.7) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | (2.5) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | (2.5) | (1.6) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - |
| Net Income From Continuing Ops | (12.6) | (1.5) | (3.7) | (7.5) | 22.8 | (53.0) | (7.1) | (5.3) | (7.2) | (36.5) | (29.0) | (28.7) | (21.5) | (92.3) | (22.5) | (23.1) | (19.2) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (12.6) | (1.5) | (3.7) | (7.5) | 22.8 | (53.0) | (7.1) | (5.3) | (7.2) | (36.5) | (29.0) | (28.7) | (21.5) | (92.3) | (22.5) | (23.1) | (19.2) | ||||||||
| Net Income Attributable To Parent | (12.6) | (1.5) | (3.7) | (7.5) | 22.8 | (53.0) | (7.1) | (5.3) | (7.2) | (36.5) | (29.0) | (28.7) | (21.5) | (92.3) | (22.5) | (23.1) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (12.6) | (1.5) | (3.7) | (7.5) | 22.8 | (53.0) | (7.1) | (5.3) | (7.2) | (36.5) | (29.0) | (28.7) | (21.5) | (92.3) | (22.5) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.28) | - | (0.09) | (0.20) | 0.64 | - | (0.27) | (0.20) | (0.28) | - | (1.13) | (1.12) | (0.84) | - | (0.89) | (0.95) | (0.14) | - | (0.35) | - | - | - | - | - | - |
| EPS Diluted | (0.28) | - | (0.09) | (0.20) | 0.55 | - | (0.27) | (0.20) | (0.28) | - | (1.13) | (1.12) | (0.84) | - | (0.89) | (0.95) | (0.14) | - | |||||||
| Shares Basic | 45.1 | - | 40.5 | 37.7 | 35.3 | - | 26.2 | 26.6 | 25.9 | - | 25.7 | 25.5 | 25.5 | - | 25.2 | 24.4 | 137.9 | - | |||||||
| Shares Diluted | 45.1 | - | 40.5 | 37.7 | 41.1 | - | 26.2 | 26.6 | 25.9 | - | 25.7 | 25.5 | 25.5 | - | 25.2 | 24.4 | 137.9 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (11.6) | (9.1) | (7.8) | (7.9) | (6.7) | (6.3) | (7.1) | (5.6) | (7.2) | (36.8) | (30.3) | (29.6) | (22.8) | (94.7) | (26.9) | (28.7) | (25.4) | (27.4) | (40.4) | (7.6) | (5.1) | - | - | - | - |
| EBIT | (11.9) | (9.3) | (8.1) | (8.1) | (6.9) | (6.5) | (7.3) | (5.8) | (7.4) | (37.1) | (30.8) | (30.0) | (23.2) | (95.2) | (27.3) | (29.0) | (25.6) | (27.6) | (40.5) | ||||||
| - |
| Selling & Marketing | 5.4 | 4.7 | 4.1 | 10.8 | 9.9 | 6.6 | 2.8 |
| General & Administrative | 19.9 | 17.2 | 16.8 | 31.5 | 63.5 | 58.1 | 7.3 |
| Depreciation & Amortization | 1.1 | 1.0 | 0.8 | 1.6 | 1.4 | 0.5 | 0.5 |
| Amortization of Intangibles | - | 0.1 | 0.0 | 2.8 | 2.2 | 0.0 | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 44.5 | 37.7 | 34.7 | 127.1 | 191.6 | 86.1 | 29.8 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.3 | 0.2 | 0.0 | 1.9 | 0.7 | 0.1 | 0.0 |
| Pre-Tax Income | (27.9) | 7.5 | (72.6) | (115.6) | (161.0) | (81.5) | (20.9) |
| (20.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (25.3) | 10.0 | (72.6) | (115.6) | (157.1) | (81.5) | (20.9) |
| Net Income Attributable To Parent | (25.3) | 10.0 | (72.6) | (115.6) | (157.1) | (81.5) | (20.9) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (25.3) | 10.0 | (72.6) | (115.6) | (157.1) | (81.5) | (20.9) |
| Shares Basic | 45.1 | 38.8 | 26.8 | 25.6 | 24.5 | 113.2 | - |
| Shares Diluted | 45.1 | 42.1 | 26.8 | 25.6 | 24.5 | 113.2 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.5 |
| 2.3 |
| 1.2 |
| 0.7 |
| - |
| 0.7 |
| - |
| - |
| 19.0 |
| 33.9 |
| 2.9 |
| 2.3 |
| - |
| 2.0 |
| - |
| - |
| 0.3 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.4 |
| 28.6 |
| 41.6 |
| 8.8 |
| 7.0 |
| - |
| 8.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.2) |
| 12.5 |
| - |
| 0.0 |
| - |
| - |
| (19.2) |
| (34.1) |
| (37.0) |
| (5.3) |
| (5.2) |
| - |
| (6.9) |
| - |
| - |
| (44.5) |
| (37.0) |
| (0.0) |
| (0.0) |
| (3.9) |
| (6.9) |
| (5.2) |
| (5.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (34.1) |
| (37.0) |
| (5.3) |
| (5.2) |
| (3.9) |
| (6.9) |
| (5.2) |
| (5.0) |
| (19.2) |
| (34.1) |
| (37.0) |
| (5.3) |
| (5.2) |
| (3.9) |
| (6.9) |
| (5.2) |
| (5.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (23.1) |
| (19.2) |
| (34.1) |
| (37.0) |
| (5.3) |
| (5.2) |
| (3.9) |
| (6.9) |
| (5.2) |
| (5.0) |
| (0.35) |
| - |
| - |
| - |
| - |
| - |
| - |
| 106.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| 106.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.7) |
| (5.2) |
| - |
| (6.9) |
| - |
| - |