| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | - | 0.8 | 1.2 | 1.1 | 1.5 | 2.2 | 0.2 | 0.0 | 0.6 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | 4.6 | 3.0 | 0.0 | 0.0 | 0.0 | 5.2 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 154.2 | 160.6 | 155.3 | 147.9 | 86.7 | 70.6 | 3.0 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (206.6) | (208.4) | (202.5) | (204.8) | (116.5) | (84.5) | (0.9) |
| Non-Operating | |||||||
| Interest Income | 4.0 | 4.1 | 3.5 | 2.8 | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | (0.3) | (0.9) | (0.5) | 1.9 |
| Net Income From Continuing Ops | (198.4) | (201.1) | (195.9) | (198.1) | (121.8) | (165.4) | |
| Per Share | |||||||
| EPS Basic | (1.12) | (1.35) | (1.65) | (2.18) | (4.19) | (14.19) | (1.91) |
| EPS Diluted | (1.12) | (1.35) | (1.65) | (2.18) | (4.19) | (14.19) | (1.91) |
| Supplementary Data | |||||||
| EBITDA | (199.1) | (201.0) | (196.3) | (200.1) | (114.3) | (83.9) | (0.9) |
| EBIT | (206.6) | (208.4) | (202.5) | (204.8) | (116.5) | (84.5) | (0.9) |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 34.1 | 34.7 | 44.0 | 41.4 | 40.6 | 34.1 | 40.3 | 43.1 | 37.8 | 41.5 | 41.0 | 34.6 | 30.9 | - | 25.0 | - | 13.7 | - | 7.4 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | 17.4 | 14.7 | 11.2 | 13.1 | 13.3 | 12.3 | 14.1 | 12.6 | 11.2 | 13.1 | 10.5 | 10.7 | 9.2 | 9.6 | 6.6 | 7.4 | 6.2 | ||||
| Depreciation & Amortization | 1.9 | 1.9 | 1.9 | 1.9 | 1.7 | 1.7 | 1.6 | 1.5 | 1.3 | 1.2 | 1.2 | 1.1 | 1.1 | 0.9 | 0.6 | 0.4 | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 51.5 | 49.4 | 55.2 | 54.5 | 53.8 | 46.4 | 54.4 | 55.7 | 48.9 | 68.0 | 51.5 | 45.3 | 40.0 | 38.7 | 31.7 | 26.3 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (50.7) | (48.6) | (54.0) | (53.4) | (52.4) | (44.2) | (54.2) | (55.7) | (48.3) | (68.0) | (51.5) | (45.3) | (40.0) | (38.7) | (31.7) | (26.3) | (19.9) | - | (10.4) | - | - |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 1.0 | 1.1 | 1.1 | 0.7 | 1.2 | 1.5 | 0.7 | 0.6 | 0.7 | - | 0.4 | 0.6 | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | 1.5 | 2.5 | 3.4 | 0.8 | 0.5 | 1.9 | 1.7 | 0.2 | 2.7 | 2.4 | 0.6 | 2.9 | 0.4 | (0.8) | 2.5 | (3.5) | (4.5) | ||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | (0.1) | 0.1 | 0.0 | (0.1) | 0.0 | (0.2) | (0.2) | 0.2 | (0.4) | (0.5) | - | (2.4) | - | - |
| Net Income From Continuing Ops | (49.1) | (46.1) | (50.6) | (52.6) | (51.9) | (42.3) | (52.5) | (55.3) | (45.8) | (65.6) | (50.7) | (42.4) | (39.4) | (39.3) | (29.4) | (29.3) | (23.8) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (49.1) | (46.1) | (50.6) | (52.6) | (51.9) | (42.3) | (52.5) | (55.3) | (45.8) | (65.6) | (50.7) | (42.4) | (39.4) | (39.3) | (29.4) | (29.3) | (23.8) | ||||
| Net Income Attributable To Parent | (49.1) | (46.1) | (50.6) | (52.6) | (51.9) | (42.3) | (52.5) | (55.3) | (45.8) | (65.6) | (50.7) | (42.4) | (39.4) | (39.3) | (29.4) | (29.3) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 1.3 | 6.4 | 6.3 | 6.2 | ||||
| Net Income To Common Shareholders | (49.1) | (46.1) | (50.6) | (52.6) | (51.9) | (42.3) | (52.5) | (55.3) | (45.8) | (65.6) | (50.7) | (42.4) | (39.4) | (40.6) | (35.7) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.28) | - | (0.32) | (0.41) | (0.40) | - | (0.44) | (0.46) | (0.44) | - | (0.55) | (0.47) | (0.44) | - | (1.61) | (1.76) | (1.58) | - | (1.52) | - | - |
| EPS Diluted | (0.28) | - | (0.32) | (0.41) | (0.40) | - | (0.44) | (0.46) | (0.44) | - | (0.55) | (0.47) | (0.44) | - | (1.61) | (1.76) | (1.58) | - | |||
| Shares Basic | 177.1 | - | 160.5 | 129.2 | 130.9 | - | 119.8 | 119.2 | 104.5 | - | 91.8 | 90.5 | 89.1 | - | 22.2 | 20.2 | 19.1 | - | |||
| Shares Diluted | 177.1 | - | 160.5 | 129.2 | 130.9 | - | 119.8 | 119.2 | 104.5 | - | 91.8 | 90.5 | 89.1 | - | 22.2 | 20.2 | 19.1 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (48.8) | (46.7) | (52.1) | (51.5) | (50.7) | (42.5) | (52.7) | (54.1) | (47.0) | (66.8) | (50.2) | (44.1) | (39.0) | (37.8) | (31.0) | (25.9) | (19.6) | - | (10.2) | - | - |
| EBIT | (50.7) | (48.6) | (54.0) | (53.4) | (52.4) | (44.2) | (54.2) | (55.7) | (48.3) | (68.0) | (51.5) | (45.3) | (40.0) | (38.7) | (31.7) | (26.3) | (19.9) | - | (10.4) | ||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 56.5 | 52.3 | 50.2 | 43.4 | 29.8 | 13.9 | 3.2 |
| Depreciation & Amortization | 7.5 | 7.3 | 6.1 | 4.7 | 2.2 | 0.6 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 210.6 | 213.0 | 205.5 | 204.8 | 116.5 | 84.5 | 6.1 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 8.2 | 7.2 | 6.6 | 6.4 | (6.2) | (81.4) | (0.6) |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (3.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (198.4) | (201.1) | (195.9) | (198.1) | (121.8) | (165.4) | (3.4) |
| Net Income Attributable To Parent | (198.4) | (201.1) | (195.9) | (198.1) | (121.8) | (165.4) | (3.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | 0.0 | 20.2 | 17.3 | 0.0 |
| Net Income To Common Shareholders | (198.4) | (201.1) | (195.9) | (198.1) | (142.0) | (184.1) | (5.1) |
| Shares Basic | 177.1 | 148.8 | 118.6 | 91.0 | 33.9 | 13.0 | 2.6 |
| Shares Diluted | 177.1 | 148.8 | 118.6 | 91.0 | 33.9 | 13.0 | 2.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.0 |
| - |
| - |
| 0.3 |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.9 |
| - |
| 10.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| (62.9) |
| (16.4) |
| 0.6 |
| (86.7) |
| - |
| - |
| - |
| - |
| (62.9) |
| (16.4) |
| 0.6 |
| (86.7) |
| (23.8) |
| (62.9) |
| (16.4) |
| 0.6 |
| (86.7) |
| - |
| - |
| - |
| - |
| 6.4 |
| - |
| - |
| (35.6) |
| (30.1) |
| (75.3) |
| (22.8) |
| 0.6 |
| (86.7) |
| (1.52) |
| - |
| - |
| 15.0 |
| - |
| - |
| 15.0 |
| - |
| - |
| - |
| - |