| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 67.8 | 69.9 | 58.5 | 55.9 | 52.0 | 36.5 | 23.9 | 20.8 | 13.9 |
| Selling General & Administrative | - | - | - | - | |||||
| Operating Income | |||||||||
| Operating Income | (83.7) | (86.2) | (85.4) | (80.1) | (77.0) | (58.3) | (34.9) | (26.6) | (18.9) |
| Non-Operating | |||||||||
| Interest Income | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | - | (2.2) | (16.1) | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (78.3) | (77.7) | (58.7) | (69.0) | |||||
| Per Share | |||||||||
| EPS Basic | (1.47) | (1.48) | (1.14) | (1.44) | (1.61) | (1.28) | (2.40) | - | - |
| EPS Diluted | (1.47) | (1.48) | (1.14) | (1.44) | (1.61) | ||||
| Supplementary Data | |||||||||
| EBITDA | (83.5) | (86.1) | (84.3) | (78.9) | (76.7) | (58.0) | (34.6) | (26.2) | (18.6) |
| EBIT | (83.7) | (86.2) | (85.4) | (80.1) | (77.0) | ||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 15.3 | 15.8 | 18.2 | 18.4 | 17.4 | 13.8 | 16.9 | 14.6 | 13.2 | 13.4 | 13.6 | 13.8 | 15.1 | 15.0 | 13.7 | 11.5 | 11.8 | 12.2 | 9.2 | 7.7 | 7.5 | 6.2 | 6.0 | 5.8 | 6.0 | - | 4.9 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 3.7 | 3.4 | 4.3 | 4.5 | 4.1 | 11.4 | 4.9 | 5.5 | 5.0 | 5.5 | 6.0 | 6.3 | 6.4 | 6.1 | 5.7 | 6.4 | 6.8 | ||||||||||||
| Depreciation & Amortization | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 19.0 | 19.2 | 22.5 | 22.9 | 21.6 | 25.2 | 21.9 | 20.2 | 18.2 | 18.9 | 19.6 | 20.1 | 21.5 | 21.2 | 19.4 | 17.9 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (19.0) | (19.2) | (22.5) | (22.9) | (21.6) | (25.2) | (21.9) | (20.2) | (18.2) | (18.9) | (19.6) | (20.1) | (21.5) | (21.2) | (19.4) | (17.9) | (18.6) | (18.5) | (15.1) | (13.1) | (11.7) | (10.5) | (8.7) | (8.1) | (7.7) | - | (6.4) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 1.0 | 1.2 | 1.5 | 1.7 | 1.9 | 2.2 | 2.7 | 2.8 | 3.0 | 3.1 | 3.0 | 2.7 | 2.4 | 1.8 | 1.1 | 0.6 | 0.2 | ||||||||||||
| Pre-Tax Income | (18.0) | (18.0) | (21.1) | (21.2) | (19.6) | (23.0) | (19.2) | (17.4) | (15.3) | (15.8) | (16.6) | (17.4) | (19.1) | (19.3) | (18.2) | (17.3) | |||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | 0.0 | (0.0) | 0.0 | (2.2) | - | 0.1 | (16.2) | - | - | - | 0.0 | - | 0.0 | (0.0) | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | 0.0 | - | 0.0 | - | - |
| Net Income From Continuing Ops | (18.0) | (18.0) | (21.1) | (21.2) | (17.4) | (23.0) | (19.2) | (1.2) | (15.3) | (15.8) | (16.6) | (17.4) | (19.1) | (19.3) | (18.2) | (17.3) | (18.4) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (18.0) | (18.0) | (21.1) | (21.2) | (17.4) | (23.0) | (19.2) | (1.2) | (15.3) | (15.8) | (16.6) | (17.4) | (19.1) | (19.3) | (18.2) | (17.3) | (18.4) | ||||||||||||
| Net Income Attributable To Parent | (18.0) | (18.0) | (21.1) | (21.2) | (17.4) | (23.0) | (19.2) | (1.2) | (15.3) | (15.8) | (16.6) | (17.4) | (19.1) | (19.3) | (18.2) | (17.3) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (18.0) | (18.0) | (21.1) | (21.2) | (17.4) | (23.0) | (19.2) | (1.2) | (15.3) | (15.8) | (16.6) | (17.4) | (19.1) | (19.3) | (18.2) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.34) | - | (0.40) | (0.41) | (0.34) | - | (0.37) | (0.02) | (0.30) | - | (0.34) | (0.38) | (0.42) | - | (0.40) | (0.38) | (0.41) | - | (0.33) | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.34) | - | (0.40) | (0.41) | (0.34) | - | (0.37) | (0.02) | (0.30) | - | (0.34) | (0.38) | (0.42) | - | (0.40) | (0.38) | (0.41) | - | |||||||||||
| Shares Basic | 53.3 | - | 53.0 | 52.0 | 52.0 | - | 51.6 | 51.5 | 51.4 | - | 49.0 | 45.8 | 45.8 | - | 45.6 | 45.6 | 45.5 | - | |||||||||||
| Shares Diluted | 53.3 | - | 53.0 | 52.0 | 52.0 | - | 51.6 | 51.5 | 51.4 | - | 49.0 | 45.8 | 45.8 | - | 45.6 | 45.6 | 45.5 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (19.0) | (19.2) | (22.5) | (22.8) | (21.5) | (25.1) | (21.5) | (19.8) | (17.9) | (18.5) | (19.3) | (19.8) | (21.3) | (21.1) | (19.3) | (17.8) | (18.5) | (18.4) | (15.0) | (13.0) | (11.6) | (10.4) | (8.6) | (8.0) | (7.6) | - | (6.3) | - | - |
| EBIT | (19.0) | (19.2) | (22.5) | (22.9) | (21.6) | (25.2) | (21.9) | (20.2) | (18.2) | (18.9) | (19.6) | (20.1) | (21.5) | (21.2) | (19.4) | (17.9) | (18.6) | (18.5) | (15.1) | ||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | 15.9 | 16.3 | 26.9 | 24.2 | 25.1 | 21.8 | 11.0 | 5.9 | 5.0 |
| Depreciation & Amortization | 0.1 | 0.1 | 1.1 | 1.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 83.7 | 86.2 | 85.4 | 80.1 | 77.0 | 58.3 | 34.9 | 26.6 | 18.9 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 5.3 | 6.3 | 10.6 | 11.2 | 3.7 | 0.5 | 0.5 | 1.3 | 1.4 |
| Pre-Tax Income | (78.3) | (79.9) | (74.8) | (69.0) | (73.3) | (57.8) | (34.4) | (25.3) | (17.5) |
| (73.3) |
| (57.8) |
| (34.4) |
| (25.4) |
| (17.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (78.3) | (77.7) | (58.7) | (69.0) | (73.3) | (57.8) | (34.4) | (25.4) | (17.5) |
| Net Income Attributable To Parent | (78.3) | (77.7) | (58.7) | (69.0) | (73.3) | (57.8) | (34.4) | (25.4) | (17.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | 0.0 | - |
| Net Income To Common Shareholders | (78.3) | (77.7) | (58.7) | (69.0) | (73.3) | (57.8) | (34.4) | (25.4) | (17.5) |
| (1.28) |
| (2.40) |
| - |
| - |
| Shares Basic | 53.3 | 52.5 | 51.6 | 48.0 | 45.6 | 45.1 | 14.4 | - | - |
| Shares Diluted | 53.3 | 52.5 | 51.6 | 48.0 | 45.6 | 45.1 | 14.4 | - | - |
| (58.3) |
| (34.9) |
| (26.6) |
| (18.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.3 |
| 5.9 |
| 5.4 |
| 4.2 |
| 4.3 |
| 2.7 |
| 2.3 |
| 1.7 |
| - |
| 1.5 |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.6 |
| 18.5 |
| 15.1 |
| 13.1 |
| 11.7 |
| 10.5 |
| 8.7 |
| 8.1 |
| 7.7 |
| - |
| 6.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.0 |
| (0.1) |
| 0.1 |
| 0.4 |
| - |
| 0.3 |
| - |
| - |
| (18.4) |
| (18.4) |
| (15.0) |
| (12.9) |
| (11.6) |
| (10.5) |
| (8.8) |
| (8.0) |
| (7.3) |
| - |
| (6.2) |
| - |
| - |
| (18.4) |
| (15.0) |
| (12.9) |
| (11.6) |
| (10.5) |
| (8.8) |
| (8.0) |
| (7.3) |
| (7.0) |
| (6.2) |
| (6.1) |
| (6.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.4) |
| (15.0) |
| (12.9) |
| (11.6) |
| (10.5) |
| (8.8) |
| (8.0) |
| (7.3) |
| (7.0) |
| (6.2) |
| (6.1) |
| (6.0) |
| (18.4) |
| (18.4) |
| (15.0) |
| (12.9) |
| (11.6) |
| (10.5) |
| (8.8) |
| (8.0) |
| (7.3) |
| (7.0) |
| (6.2) |
| (6.1) |
| (6.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (17.3) |
| (18.4) |
| (18.4) |
| (15.0) |
| (12.9) |
| (11.6) |
| (10.5) |
| (8.8) |
| (8.0) |
| (7.3) |
| (7.0) |
| (6.2) |
| (6.1) |
| (6.0) |
| (0.33) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 45.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 45.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.1) |
| (11.7) |
| (10.5) |
| (8.7) |
| (8.1) |
| (7.7) |
| - |
| (6.4) |
| - |
| - |