| (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 | - | - | - | 2.8 | - | - | - | - | 16.1 | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | 13.9 | 16.1 | - | - | - | - |
| Cost of Revenue | - | 2.4 | 0.5 | - | - | - | - |
| Gross Profit | - | 11.5 | 15.7 | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 76.6 | 73.7 | 58.7 | 49.6 | 86.1 | 51.1 | 9.0 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (85.9) | (84.4) | (89.5) | (82.2) | (123.5) | (69.7) | (12.9) |
| Non-Operating | |||||||
| Interest Income | 0.8 | 0.7 | 0.9 | 1.8 | 2.8 | 0.0 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 1.4 | (2.2) | - | - | - | - |
| Net Income From Continuing Ops | (81.7) | (79.6) | (77.3) | (73.8) | (120.7) | (76.0) | |
| Per Share | |||||||
| EPS Basic | (1.29) | (1.28) | (1.32) | (1.85) | (3.65) | (8.95) | - |
| EPS Diluted | (1.29) | (1.28) | (1.32) | (1.85) | (3.65) | (8.95) | - |
| Supplementary Data | |||||||
| EBITDA | - | (79.9) | (86.5) | (80.3) | (122.8) | (69.1) | (12.4) |
| EBIT | (85.9) | (84.4) | (89.5) | (82.2) | (123.5) | (69.7) | (12.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | 0.5 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | 15.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 20.0 | 21.7 | 17.8 | 17.1 | 17.0 | 14.0 | 17.7 | 14.0 | 13.0 | 11.6 | 14.7 | 11.4 | 11.9 | 29.9 | 19.0 | 17.2 | 20.1 | 7.2 | 7.8 | 3.2 | 32.8 | - | 2.4 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 4.4 | 5.2 | 5.7 | 5.4 | 5.9 | 5.1 | 6.0 | 6.1 | 8.2 | 6.2 | 10.7 | 6.7 | 9.1 | 8.1 | 9.4 | 8.6 | 11.3 | ||||||||
| Depreciation & Amortization | 0.5 | - | - | - | 0.6 | - | - | - | 1.1 | - | - | - | 0.2 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 24.4 | - | - | - | 22.9 | - | - | - | - | 17.8 | 25.4 | 18.1 | 21.0 | 38.0 | 28.4 | 25.7 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (24.4) | (18.3) | (23.5) | (19.8) | (22.9) | (40.1) | (23.8) | (20.0) | (5.6) | (17.8) | (25.4) | (18.1) | (21.0) | (38.0) | (28.4) | (25.7) | (31.4) | (16.4) | (11.6) | (5.9) | (35.7) | - | (3.2) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.4 | 0.3 | 0.2 | 0.2 | 0.4 | 1.1 | 1.9 | 0.7 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 1.1 | 1.3 | 1.5 | 1.7 | 1.8 | 2.3 | 2.6 | 2.7 | 2.3 | 2.2 | 2.3 | 2.2 | 1.7 | 1.9 | 0.7 | 0.2 | 0.0 | ||||||||
| Pre-Tax Income | - | - | (22.0) | (18.1) | - | - | (21.2) | (17.3) | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | 0.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (23.3) | (18.1) | (22.0) | (18.4) | (21.2) | (35.6) | (21.2) | (17.3) | (3.3) | (15.6) | (23.0) | (15.9) | (19.2) | (36.1) | (27.7) | (25.6) | (31.4) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (23.3) | (18.1) | (22.0) | (18.4) | (21.2) | (35.6) | (21.2) | (17.3) | (3.3) | (15.6) | (23.0) | (15.9) | (19.2) | (36.1) | (27.7) | (25.6) | (31.4) | ||||||||
| Net Income Attributable To Parent | (23.3) | (18.1) | (22.0) | (18.4) | (21.2) | (35.6) | (21.2) | (17.3) | (3.3) | (15.6) | (23.0) | (15.9) | (19.2) | (36.1) | (27.7) | (25.6) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (23.3) | (18.1) | (22.0) | (18.4) | (21.2) | (35.6) | (21.2) | (17.3) | (3.3) | (15.6) | (23.0) | (15.9) | (19.2) | (36.1) | (27.7) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.37) | - | (0.35) | (0.30) | (0.35) | - | (0.35) | (0.29) | (0.06) | - | (0.56) | (0.41) | (0.54) | - | (0.85) | (0.79) | (0.97) | - | (8.96) | (5.54) | - | - | - | - | - |
| EPS Diluted | (0.37) | - | (0.35) | (0.30) | (0.35) | - | (0.35) | (0.29) | (0.06) | - | (0.56) | (0.41) | (0.54) | - | (0.85) | (0.79) | (0.97) | - | |||||||
| Shares Basic | 63.5 | - | 62.6 | 61.9 | 61.0 | - | 60.7 | 60.5 | 51.3 | - | 41.3 | 38.4 | 35.4 | - | 32.6 | 32.5 | 32.3 | - | |||||||
| Shares Diluted | 63.5 | - | 62.6 | 61.9 | 61.0 | - | 60.7 | 60.5 | 51.3 | - | 41.3 | 38.4 | 35.4 | - | 32.6 | 32.5 | 32.3 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (23.9) | - | - | - | (22.4) | - | - | - | (4.5) | - | - | - | (20.8) | - | - | - | (31.2) | - | - | - | (35.6) | - | - | - | - |
| EBIT | (24.4) | (18.3) | (23.5) | (19.8) | (22.9) | (40.1) | (23.8) | (20.0) | (5.6) | (17.8) | (25.4) | (18.1) | (21.0) | (38.0) | (28.4) | (25.7) | (31.4) | (16.4) | (11.6) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 20.7 | 22.2 | 25.4 | 32.6 | 37.4 | 18.7 | 3.8 |
| Depreciation & Amortization | - | 4.5 | 3.0 | 1.9 | 0.7 | 0.6 | 0.5 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | 82.2 | 123.5 | 69.7 | 12.9 |
| Income From Equity Investments | - | - | - | - | 0.0 | (0.2) | - |
| Other Non-Operating Income | 5.5 | 6.2 | 10.0 | 8.4 | 2.8 | (6.0) | 0.1 |
| Pre-Tax Income | - | (78.2) | (79.5) | (73.8) | - | - | - |
| (12.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (81.7) | (79.6) | (77.3) | (73.8) | (120.7) | (76.0) | (12.8) |
| Net Income Attributable To Parent | (81.7) | (79.6) | (77.3) | (73.8) | (120.7) | (76.0) | (12.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (81.7) | (79.6) | (77.3) | (73.8) | (120.7) | (76.0) | (12.8) |
| Shares Basic | 63.5 | 62.1 | 58.4 | 39.9 | 33.0 | 8.5 | - |
| Shares Diluted | 63.5 | 62.1 | 58.4 | 39.9 | 33.0 | 8.5 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 9.2 |
| 3.8 |
| 2.7 |
| 3.0 |
| - |
| 0.8 |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.4 |
| 16.4 |
| 11.6 |
| 5.9 |
| 35.7 |
| - |
| 3.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.2) |
| - |
| - |
| - |
| - |
| - |
| (0.4) |
| (2.6) |
| (2.0) |
| (1.1) |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.8) |
| (14.2) |
| (8.1) |
| (36.8) |
| (4.6) |
| (3.2) |
| (3.1) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.8) |
| (14.2) |
| (8.1) |
| (36.8) |
| (4.6) |
| (3.2) |
| (3.1) |
| (2.0) |
| (31.4) |
| (16.8) |
| (14.2) |
| (8.1) |
| (36.8) |
| (4.6) |
| (3.2) |
| (3.1) |
| (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (25.6) |
| (31.4) |
| (16.8) |
| (14.2) |
| (8.1) |
| (36.8) |
| (4.6) |
| (3.2) |
| (3.1) |
| (2.0) |
| (8.96) |
| (5.54) |
| - |
| - |
| - |
| - |
| - |
| 1.6 |
| 1.5 |
| - |
| - |
| - |
| - |
| - |
| 1.6 |
| 1.5 |
| - |
| - |
| - |
| - |
| - |
| (5.9) |
| (35.7) |
| - |
| (3.2) |
| - |
| - |