| (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 | 4.6 | - | 6.5 | - | 0.0 | - | 3.0 | - | - | - | - | - | - | - | - | - | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | 12.1 | 7.0 | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 79.1 | 94.3 | 118.0 | 103.4 | 92.9 | 86.8 | 48.2 | 24.3 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (84.1) | (104.6) | (139.7) | (132.3) | (123.5) | (113.7) | (58.8) | (28.1) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | - | - | - | - | - |
| Net Income From Continuing Ops | (77.8) | (99.5) | (127.2) | (121.8) | (115.4) | |||
| Per Share | ||||||||
| EPS Basic | (0.94) | (1.29) | (1.68) | (2.02) | (2.44) | (2.43) | - | - |
| EPS Diluted | (0.94) | (1.29) | (1.68) | (2.02) | (2.44) | (2.43) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (102.9) | (137.9) | (131.1) | (122.2) | (112.8) | (58.2) | (27.7) |
| EBIT | (84.1) | (104.6) | (139.7) | (132.3) | (123.5) | (113.7) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 13.6 | 18.0 | 21.7 | 25.8 | 28.8 | 31.6 | 29.5 | 29.5 | 27.4 | 30.3 | 26.3 | 25.0 | 21.8 | 25.9 | 22.9 | 21.3 | 22.8 | 25.2 | 22.7 | 22.4 | 16.5 | 14.6 | 15.3 | 9.8 | 8.5 | - | 5.5 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 5.2 | 5.0 | 5.2 | 6.4 | 5.8 | 6.2 | 7.9 | 7.7 | 6.9 | 7.0 | 7.1 | 7.4 | 7.3 | 7.5 | 7.5 | 8.2 | 7.5 | ||||||||||||
| Depreciation & Amortization | 0.4 | - | - | - | 0.4 | - | - | - | 0.4 | - | - | - | 0.3 | - | - | - | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 18.8 | 23.0 | 26.9 | 32.2 | 34.6 | 37.8 | 37.4 | 37.2 | 34.3 | 37.4 | 33.4 | 32.4 | 29.1 | 33.4 | 30.4 | 29.5 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (14.2) | (17.3) | (20.4) | (32.2) | (34.6) | (33.8) | (34.4) | (37.2) | (34.3) | (37.4) | (33.4) | (32.4) | (29.1) | (33.4) | (30.4) | (29.5) | (30.3) | (33.0) | (30.8) | (27.9) | (22.0) | (19.4) | (18.1) | (11.4) | (9.7) | - | (6.9) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 3.8 | 0.9 | 0.7 | 1.0 | 2.5 | 5.1 | 2.1 | 2.4 | 2.9 | 4.3 | 2.8 | 2.0 | 1.4 | 4.7 | 0.4 | 2.1 | 0.8 | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (10.4) | (16.5) | (19.7) | (31.2) | (32.1) | (28.7) | (32.3) | (34.7) | (31.4) | (33.1) | (30.6) | (30.4) | (27.7) | (28.6) | (30.0) | (27.4) | (29.5) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (10.4) | (16.5) | (19.7) | (31.2) | (32.1) | (28.7) | (32.3) | (34.7) | (31.4) | (33.1) | (30.6) | (30.4) | (27.7) | (28.6) | (30.0) | (27.4) | (29.5) | ||||||||||||
| Net Income Attributable To Parent | (10.4) | (16.5) | (19.7) | (31.2) | (32.1) | (28.7) | (32.3) | (34.7) | (31.4) | (33.1) | (30.6) | (30.4) | (27.7) | (28.6) | (30.0) | (27.4) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (10.4) | (16.5) | (19.7) | (31.2) | (32.1) | (28.7) | (32.3) | (34.7) | (31.4) | (33.1) | (30.6) | (30.4) | (27.7) | (28.6) | (30.0) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.13) | - | (0.26) | (0.41) | (0.42) | - | (0.43) | (0.46) | (0.42) | - | (0.45) | (0.54) | (0.58) | - | (0.63) | (0.58) | (0.63) | - | (0.66) | (0.58) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.13) | - | (0.26) | (0.41) | (0.42) | - | (0.43) | (0.46) | (0.42) | - | (0.45) | (0.54) | (0.58) | - | (0.63) | (0.58) | (0.63) | - | |||||||||||
| Shares Basic | 82.5 | - | 76.1 | 76.0 | 76.0 | - | 75.9 | 75.8 | 75.7 | - | 67.6 | 56.2 | 47.7 | - | 47.4 | 47.3 | 47.1 | - | |||||||||||
| Shares Diluted | 82.5 | - | 76.1 | 76.0 | 76.0 | - | 75.9 | 75.8 | 75.7 | - | 67.6 | 56.2 | 47.7 | - | 47.4 | 47.3 | 47.1 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (13.8) | - | - | - | (34.2) | - | - | - | (33.9) | - | - | - | (28.8) | - | - | - | (30.0) | - | - | - | (21.8) | - | - | - | (9.6) | - | - | - | - |
| EBIT | (14.2) | (17.3) | (20.4) | (32.2) | (34.6) | (33.8) | (34.4) | (37.2) | (34.3) | (37.4) | (33.4) | (32.4) | (29.1) | (33.4) | (30.4) | (29.5) | (30.3) | (33.0) | (30.8) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 21.8 | 22.4 | 28.7 | 28.9 | 30.7 | 27.0 | 10.6 | 3.8 |
| Depreciation & Amortization | - | 1.7 | 1.8 | 1.2 | 1.3 | 0.9 | 0.5 | 0.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 100.9 | 116.7 | 146.7 | 132.3 | 123.5 | 113.7 | 58.8 | 28.1 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 6.3 | 5.1 | 12.5 | 10.4 | 8.1 | 2.0 | 1.8 | 0.5 |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (111.7) |
| (56.9) |
| (27.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (77.8) | (99.5) | (127.2) | (121.8) | (115.4) | (111.7) | (56.9) | (27.6) |
| Net Income Attributable To Parent | (77.8) | (99.5) | (127.2) | (121.8) | (115.4) | (111.7) | (56.9) | (27.6) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (77.8) | (99.5) | (127.2) | (121.8) | (115.4) | (111.7) | (56.9) | (27.6) |
| - |
| - |
| Shares Basic | 82.5 | 77.0 | 75.8 | 60.4 | 47.4 | 46.0 | - | - |
| Shares Diluted | 82.5 | 77.0 | 75.8 | 60.4 | 47.4 | 46.0 | - | - |
| (58.8) |
| (28.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.8 |
| 8.1 |
| 5.5 |
| 5.5 |
| 4.9 |
| 2.9 |
| 1.7 |
| 1.2 |
| - |
| 1.4 |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 30.3 |
| 33.0 |
| 30.8 |
| 27.9 |
| 22.0 |
| 19.4 |
| 18.1 |
| 11.4 |
| 9.7 |
| - |
| 6.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.1 |
| 1.1 |
| 0.7 |
| 0.2 |
| 1.4 |
| 0.0 |
| 0.2 |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (32.8) |
| (30.7) |
| (26.9) |
| (21.3) |
| (19.3) |
| (16.8) |
| (11.4) |
| (9.5) |
| (10.0) |
| (6.7) |
| (5.6) |
| (5.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (32.8) |
| (30.7) |
| (26.9) |
| (21.3) |
| (19.3) |
| (16.8) |
| (11.4) |
| (9.5) |
| (10.0) |
| (6.7) |
| (5.6) |
| (5.2) |
| (29.5) |
| (32.8) |
| (30.7) |
| (26.9) |
| (21.3) |
| (19.3) |
| (16.8) |
| (11.4) |
| (9.5) |
| (10.0) |
| (6.7) |
| (5.6) |
| (5.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.4) |
| (29.5) |
| (32.8) |
| (30.7) |
| (26.9) |
| (21.3) |
| (19.3) |
| (16.8) |
| (11.4) |
| (9.5) |
| (10.0) |
| (6.7) |
| (5.6) |
| (5.2) |
| (0.66) |
| (0.58) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 46.3 |
| 46.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 46.3 |
| 46.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.9) |
| (22.0) |
| (19.4) |
| (18.1) |
| (11.4) |
| (9.7) |
| - |
| (6.9) |
| - |
| - |