| (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 | 0.0 | 0.1 | 1.3 | 19.5 | 20.1 | 1.9 | 5.8 | 5.4 | 3.7 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||
| Revenues | - | - | - | 42.8 | 25.9 | 31.4 | 29.3 | 46.3 | 29.1 | 25.3 | 5.8 | 2.9 | 5.4 | 12.4 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||
| Research & Development | 28.1 | 22.8 | 8.2 | 8.8 | 53.0 | 66.7 | 46.5 | 55.0 | 41.5 | 22.3 | 19.7 | 8.2 | 5.6 | 9.4 |
| Operating Income | ||||||||||||||
| Operating Income | (45.6) | (38.6) | (14.1) | (11.9) | (43.5) | (51.8) | (33.9) | (27.2) | (30.8) | (14.6) | (22.8) | (13.7) | (7.2) | 0.6 |
| Non-Operating | ||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | ||||||||||||||
| Tax & Net | ||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | (0.3) | 1.1 | 0.2 | 0.2 | (0.0) | - |
| Net Income From Continuing Ops | ||||||||||||||
| Per Share | ||||||||||||||
| EPS Basic | (3.77) | (3.71) | (7.83) | 2.19 | (0.45) | (0.71) | (0.68) | - | - | - | - | - | - | - |
| EPS Diluted | ||||||||||||||
| Supplementary Data | ||||||||||||||
| EBITDA | - | - | - | (10.0) | (40.7) | (49.4) | (31.8) | (26.6) | (30.3) | (14.2) | (22.4) | (13.4) | (6.8) | 0.9 |
| EBIT | ||||||||||||||
| 11.0 |
| 8.4 |
| 4.1 |
| 3.3 |
| 15.6 |
| 1.9 |
| 2.9 |
| 11.2 |
| 13.3 |
| 17.3 |
| 15.1 |
| 5.3 |
| 8.5 |
| 4.9 |
| 8.3 |
| 11.7 |
| 4.2 |
| 18.2 |
| 3.9 |
| 1.9 |
| 1.3 |
| 2.7 |
| 0.8 |
| 1.1 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 9.3 | 7.1 | 6.5 | 5.1 | 4.1 | 2.5 | 3.2 | 1.4 | 1.0 | (28.6) | 9.6 | 14.3 | 13.4 | 13.4 | 13.6 | 11.9 | 14.1 | 15.4 | 18.9 | 15.8 | 16.6 | 10.6 | 11.8 | 11.3 | 12.8 | 14.1 | 13.2 | 13.4 | 14.3 | 13.0 | 11.4 | 9.2 | 7.9 | 5.3 | 6.3 | 5.4 | 5.4 | 6.9 | 4.6 | 4.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 5.5 | 4.2 | 3.6 | 4.1 | 3.8 | 1.8 | 1.9 | 1.5 | 0.8 | (11.5) | 6.8 | 3.7 | 4.0 | 4.0 | 3.9 | 4.1 | 4.4 | |||||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | - | - | - | - | 0.6 | - | - | - | 0.8 | |||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 14.9 | 11.3 | 10.2 | 9.3 | 7.9 | 4.4 | 5.1 | 2.9 | 1.8 | (54.9) | 31.3 | 18.0 | 17.4 | 17.4 | 17.5 | 16.0 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (14.9) | (11.3) | (10.2) | (9.3) | (7.9) | (4.4) | (5.1) | (2.9) | (1.8) | 13.4 | (11.8) | 2.1 | (15.5) | (11.5) | (12.2) | (12.3) | (7.5) | (11.0) | (19.0) | (16.8) | (5.1) | (12.4) | (13.0) | (4.7) | (3.9) | (1.3) | (2.9) | (12.2) | (10.7) | (12.6) | (7.8) | (2.2) | (8.1) | 6.5 | (5.2) | (7.9) | (8.0) | (6.4) | (6.2) | (5.8) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | 0.0 | 0.0 | - | - | 0.2 | 0.0 | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | (0.0) | (0.1) | 0.0 | 0.6 | 0.2 | (0.2) | (0.0) | 0.1 | 0.0 | 0.4 | 0.5 | (0.2) | (0.1) | (0.3) | 0.7 | 0.7 | 0.2 | |||||||||||||||||||||||
| Pre-Tax Income | (15.8) | (12.7) | (11.3) | (9.5) | (8.2) | (4.0) | (6.8) | (4.2) | (2.5) | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 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 | (0.2) | 0.0 | (0.1) | 0.0 | 0.1 | 0.1 | 0.8 | 0.0 | - | - | 0.0 |
| Net Income From Continuing Ops | (15.8) | (12.7) | (11.3) | (9.5) | (8.2) | (4.0) | (6.8) | (4.2) | (2.5) | 38.7 | (10.8) | 4.0 | (13.2) | (8.1) | (9.7) | (10.3) | (5.1) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (15.8) | (12.7) | (11.3) | (9.5) | (8.2) | (4.0) | (6.8) | (4.2) | (2.5) | 38.7 | (10.8) | 4.0 | (13.2) | (8.1) | (9.7) | (10.3) | (5.1) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (15.8) | (12.7) | (11.3) | (9.5) | (8.2) | (4.0) | (6.8) | (4.2) | (2.5) | 38.7 | (10.8) | 4.0 | (13.2) | (8.1) | (9.7) | (10.3) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | 0.0 | 0.0 | 0.0 | (0.6) | 0.2 | 0.2 | 0.2 | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (15.8) | (12.7) | (11.3) | (9.5) | (8.2) | (3.4) | (7.0) | (4.4) | (2.7) | 37.9 | (10.8) | 4.0 | (13.2) | (8.1) | (9.7) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.20) | - | (1.03) | (0.86) | (0.74) | - | (3.94) | (2.47) | (1.54) | - | (8.70) | 3.63 | (14.15) | - | (0.13) | (0.14) | (0.07) | - | (0.24) | (0.25) | (0.07) | - | (0.26) | (0.09) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.20) | - | (1.03) | (0.86) | (0.74) | - | (3.94) | (2.47) | (1.54) | - | (8.70) | 3.62 | - | - | - | (0.14) | (0.07) | - | ||||||||||||||||||||||
| Shares Basic | 13.1 | - | 11.1 | 11.1 | 11.0 | - | 1.8 | 1.8 | 1.8 | - | 1.2 | 1.1 | 0.9 | - | 74.4 | 74.1 | 73.7 | - | ||||||||||||||||||||||
| Shares Diluted | 13.1 | - | 11.1 | 11.1 | 11.0 | - | 1.8 | 1.8 | 1.8 | - | 1.2 | 1.1 | - | - | - | 74.1 | 73.7 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | (14.9) | - | - | - | (6.6) | - | - | - | - | - | - | - | (3.5) | - | - | - | (10.5) | - | - | - | (8.0) | - | - | - | (7.9) | - | - | - |
| EBIT | (14.9) | (11.3) | (10.2) | (9.3) | (7.9) | (4.4) | (5.1) | (2.9) | (1.8) | 13.4 | (11.8) | 2.1 | (15.5) | (11.5) | (12.2) | (12.3) | (7.5) | (11.0) | (19.0) | |||||||||||||||||||||
| Selling General & Administrative |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 17.5 | 15.8 | 5.9 | 3.1 | 16.4 | 16.6 | 16.7 | 18.4 | 18.4 | 17.6 | 8.9 | 8.4 | 7.0 | 2.5 |
| Depreciation & Amortization | - | - | - | 1.9 | 2.8 | 2.5 | 2.1 | 0.6 | 0.6 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 45.6 | 38.6 | 14.1 | 11.9 | 69.4 | 83.2 | 63.2 | 73.4 | 59.9 | 39.9 | 28.6 | 16.6 | 12.6 | 11.9 |
| - |
| 0.0 |
| 0.4 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.7 |
| 0.5 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.5 | 0.7 | (0.1) | 0.7 | 1.3 | 2.4 | (3.7) | (0.0) | 1.8 | (2.1) | 0.1 | 0.0 | (2.7) | (0.5) |
| Pre-Tax Income | (49.3) | (41.7) | (17.4) | 18.7 | (33.3) | (45.7) | (37.1) | (25.5) | (27.1) | (16.5) | (22.6) | (13.9) | (9.8) | 0.1 |
| (49.3) |
| (41.7) |
| (17.4) |
| 18.7 |
| (33.3) |
| (45.7) |
| (37.2) |
| (25.5) |
| (26.8) |
| (17.6) |
| (22.8) |
| (14.1) |
| (9.8) |
| 0.1 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (49.3) | (41.7) | (17.4) | 18.7 | (33.3) | (45.7) | (37.2) | (25.5) | (26.8) | (17.6) | (22.8) | (14.1) | (9.8) | 0.1 |
| Net Income Attributable To Parent | (49.3) | (41.7) | (17.4) | 18.7 | (33.3) | (45.7) | (37.2) | (25.5) | (26.8) | (17.6) | (22.8) | (14.1) | (9.8) | 0.1 |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | 0.0 | 0.8 | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (49.3) | (41.7) | (17.4) | 17.9 | (33.3) | (45.7) | (37.2) | (28.3) | (26.8) | (17.6) | (22.8) | (14.1) | (9.8) | 0.1 |
| (3.77) |
| (3.71) |
| (7.83) |
| 2.17 |
| - |
| (0.71) |
| (0.68) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 13.1 | 11.3 | 2.2 | 1.8 | 74.2 | 64.5 | 54.5 | - | - | - | - | - | - | - |
| Shares Diluted | 13.1 | 11.3 | 2.2 | 1.8 | - | 64.5 | 54.5 | - | - | - | - | - | - | - |
| (45.6) |
| (38.6) |
| (14.1) |
| (11.9) |
| (43.5) |
| (51.8) |
| (33.9) |
| (27.2) |
| (30.8) |
| (14.6) |
| (22.8) |
| (13.7) |
| (7.2) |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.1 |
| 4.1 |
| 4.2 |
| 4.1 |
| 3.7 |
| 4.1 |
| 4.6 |
| 4.4 |
| 4.5 |
| 4.8 |
| 4.2 |
| 4.9 |
| 4.6 |
| 4.7 |
| 4.8 |
| 4.4 |
| 6.4 |
| 2.9 |
| 4.3 |
| 4.0 |
| 2.2 |
| 2.3 |
| 2.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.4 |
| 19.4 |
| 23.1 |
| 20.0 |
| 20.7 |
| 14.3 |
| 15.9 |
| 15.9 |
| 17.1 |
| 18.6 |
| 18.0 |
| 17.6 |
| 19.2 |
| 17.6 |
| 16.1 |
| 13.9 |
| 12.3 |
| 11.7 |
| 9.1 |
| 9.7 |
| 9.3 |
| 9.1 |
| 7.0 |
| 6.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.4 |
| 0.7 |
| 0.5 |
| 0.9 |
| (1.8) |
| (1.3) |
| (0.4) |
| (0.1) |
| 0.2 |
| (0.1) |
| 0.0 |
| (0.2) |
| 0.3 |
| 1.1 |
| 1.2 |
| (0.9) |
| 1.0 |
| (1.7) |
| (1.4) |
| 0.0 |
| 0.0 |
| (0.0) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.8) |
| (2.6) |
| (11.8) |
| (10.3) |
| (11.8) |
| (6.2) |
| (0.4) |
| (8.7) |
| 7.6 |
| (6.9) |
| (9.3) |
| (8.0) |
| (6.4) |
| (6.2) |
| (5.9) |
| (9.5) |
| (16.5) |
| (15.5) |
| (4.2) |
| (14.4) |
| (14.3) |
| (5.0) |
| (3.6) |
| (0.8) |
| (2.6) |
| (11.8) |
| (10.3) |
| (11.7) |
| (6.2) |
| (0.2) |
| (8.7) |
| 7.5 |
| (7.1) |
| (10.1) |
| (8.0) |
| (6.6) |
| (6.2) |
| (5.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.5) |
| (16.5) |
| (15.5) |
| (4.2) |
| (14.4) |
| (14.3) |
| (5.0) |
| (3.6) |
| (0.8) |
| (2.6) |
| (11.8) |
| (10.3) |
| (11.7) |
| (6.2) |
| (0.2) |
| (8.7) |
| 7.5 |
| (7.1) |
| (10.1) |
| (8.0) |
| (6.6) |
| (6.2) |
| (5.9) |
| (5.1) |
| (9.5) |
| (16.5) |
| (15.5) |
| (4.2) |
| (14.4) |
| (14.3) |
| (5.0) |
| (3.6) |
| (0.8) |
| (2.6) |
| (11.8) |
| (10.3) |
| (11.7) |
| (6.2) |
| (0.2) |
| (8.7) |
| 7.5 |
| (7.1) |
| (10.1) |
| (8.0) |
| (6.6) |
| (6.2) |
| (5.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
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| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.3) |
| (5.1) |
| (9.5) |
| (16.5) |
| (15.5) |
| (4.2) |
| (14.4) |
| (14.3) |
| (5.0) |
| (3.6) |
| (3.6) |
| (2.6) |
| (11.8) |
| (10.3) |
| (11.7) |
| (6.2) |
| (0.2) |
| (8.7) |
| 7.5 |
| (7.1) |
| (10.1) |
| (8.0) |
| (6.6) |
| (6.2) |
| (5.9) |
| (0.24) |
| (0.25) |
| (0.07) |
| - |
| (0.26) |
| (0.09) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 67.7 |
| 61.9 |
| 56.3 |
| - |
| 54.3 |
| 52.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 67.7 |
| 61.9 |
| 56.3 |
| - |
| 54.3 |
| 52.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.8) |
| (5.1) |
| (12.4) |
| (13.0) |
| (4.7) |
| (3.9) |
| (1.3) |
| (2.9) |
| (12.2) |
| (10.7) |
| (12.6) |
| (7.8) |
| (2.2) |
| (8.1) |
| 6.5 |
| (5.2) |
| (7.9) |
| (8.0) |
| (6.4) |
| (6.2) |
| (5.8) |