| (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 | 0.3 | 0.5 | 0.6 | 0.6 | 0.8 | 1.2 | 0.8 | 0.6 | 0.5 | 0.4 | 0.2 | 0.2 | 0.3 | 0.0 | 0.0 | 0.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 1.9 | 2.4 | 3.1 | 1.1 | 0.0 | 0.0 | - | - |
| Cost of Revenue | 1.1 | 1.3 | 1.5 | 0.6 | 0.0 | 0.0 | - | - |
| Gross Profit | 0.7 | 1.2 | 1.6 | 0.5 | 0.0 | 0.0 | - | - |
| Operating Expenses | ||||||||
| Research & Development | 54.5 | 53.8 | 59.6 | 67.0 | 72.1 | 46.6 | 27.6 | 28.1 |
| Selling General & Administrative | 42.5 | 44.8 | 50.5 | 44.6 | ||||
| Operating Income | ||||||||
| Operating Income | (115.0) | (116.1) | (108.6) | (111.2) | (123.8) | (96.9) | (36.7) | (36.6) |
| Non-Operating | ||||||||
| Interest Income | 8.4 | 9.0 | 9.6 | 0.5 | 0.0 | - | - | - |
| Interest Expense | - | - | - | - | 0.0 | 0.0 | ||
| Tax & Net | ||||||||
| Income Tax Expense | (0.1) | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (103.8) | (101.3) | (101.0) | (96.0) | (132.4) | |||
| Per Share | ||||||||
| EPS Basic | (0.48) | (0.51) | (0.71) | (0.68) | (0.95) | (1.19) | (6.84) | (6.95) |
| EPS Diluted | (0.48) | (0.51) | (0.71) | (0.68) | (0.95) | (1.19) | ||
| Supplementary Data | ||||||||
| EBITDA | (110.3) | (111.6) | (104.0) | (107.0) | (121.3) | (95.9) | (35.8) | (35.8) |
| EBIT | (115.0) | (116.1) | (108.6) | (111.2) | (123.8) | (96.9) | ||
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 0.2 | 0.3 | 0.4 | 0.2 | 0.4 | 0.6 | 0.4 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - |
| Gross Profit | 0.1 | 0.1 | 0.2 | 0.4 | 0.5 | 0.6 | 0.4 | 0.4 | 0.3 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 14.5 | 10.9 | 13.9 | 15.2 | 13.7 | 17.0 | 16.2 | 14.4 | 12.1 | 16.4 | 16.6 | 15.8 | 18.2 | 18.2 | 16.7 | 18.5 | 18.8 | 14.4 | 11.1 | 13.1 | 8.0 | - | 6.7 | 6.6 | - |
| Selling General & Administrative | 9.6 | 10.3 | 10.7 | 11.9 | 11.9 | 14.3 | 12.3 | 12.4 | 11.5 | 11.6 | 10.7 | 11.1 | 11.2 | 11.2 | 11.0 | 11.7 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Depreciation & Amortization | 1.2 | 1.1 | 1.2 | 1.2 | 0.9 | 0.9 | 1.2 | 1.4 | 1.1 | 1.3 | 1.1 | 1.0 | 0.8 | 0.8 | 0.7 | 0.6 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | 0.1 | 0.0 | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 24.1 | 21.2 | 40.0 | 30.5 | 25.6 | 31.3 | 28.5 | 26.8 | 23.6 | 28.1 | 27.3 | 27.0 | 29.3 | 38.8 | 27.7 | 30.2 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (24.1) | (21.1) | (39.8) | (30.1) | (25.1) | (30.7) | (28.1) | (26.5) | (23.4) | (27.9) | (27.2) | (26.9) | (29.2) | (38.8) | (27.7) | (30.2) | (27.1) | (27.8) | (25.2) | (32.2) | (11.8) | - | (8.6) | (8.2) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 1.7 | 2.1 | 2.4 | 2.2 | 2.3 | 2.1 | 2.5 | 2.5 | 2.6 | (1.8) | 0.0 | 0.0 | 2.2 | - | - | - | - | - | - | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 0.0 | 1.0 | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | 0.3 | 0.1 | 17.6 | 0.0 | (5.6) | (11.5) | ||||||||
| Pre-Tax Income | (21.8) | (17.6) | (35.7) | (28.8) | (19.2) | (33.1) | (25.3) | (23.1) | (19.5) | (22.0) | (24.7) | (25.6) | (23.6) | (33.1) | (31.7) | (32.4) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | (0.1) | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (21.7) | (17.6) | (35.7) | (28.8) | (19.2) | (33.1) | (25.3) | (23.1) | (19.5) | (22.0) | (24.7) | (25.6) | (23.6) | (33.1) | (31.7) | (32.4) | (35.2) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (21.7) | (17.6) | (35.7) | (28.8) | (19.2) | (33.1) | (25.3) | (23.1) | (19.5) | (22.0) | (24.7) | (25.6) | (23.6) | (33.1) | (31.7) | (32.4) | (35.2) | ||||||||
| Net Income Attributable To Parent | (21.7) | (17.6) | (35.7) | (28.8) | (19.2) | (33.1) | (25.3) | (23.1) | (19.5) | (22.0) | (24.7) | (25.6) | (23.6) | (33.1) | (31.7) | (32.4) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (21.7) | (17.6) | (35.7) | (28.8) | (19.2) | (33.1) | (25.3) | (23.1) | (19.5) | (22.0) | (24.7) | (25.6) | (23.6) | (33.1) | (31.7) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.10) | - | (0.17) | (0.16) | (0.11) | - | (0.18) | (0.16) | (0.14) | - | (0.17) | (0.18) | (0.17) | - | (0.23) | (0.23) | (0.25) | - | (0.13) | (0.97) | (2.13) | - | (1.60) | (1.53) | - |
| EPS Diluted | (0.10) | - | (0.17) | (0.16) | (0.11) | - | (0.18) | (0.16) | (0.14) | - | (0.17) | (0.18) | (0.17) | - | (0.23) | (0.23) | (0.25) | - | |||||||
| Shares Basic | 216.5 | - | 209.0 | 183.6 | 182.3 | - | 142.4 | 141.9 | 141.8 | - | 141.7 | 141.5 | 140.3 | - | 139.5 | 139.0 | 138.6 | - | |||||||
| Shares Diluted | 216.5 | - | 209.0 | 183.6 | 182.3 | - | 142.4 | 141.9 | 141.8 | - | 141.7 | 141.5 | 140.3 | - | 139.5 | 139.0 | 138.6 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (22.8) | (20.0) | (38.6) | (28.9) | (24.2) | (29.7) | (26.9) | (25.1) | (22.3) | (26.6) | (26.1) | (25.9) | (28.4) | (38.0) | (26.9) | (29.6) | (26.7) | (27.5) | (24.9) | (31.9) | (11.6) | - | (8.3) | (8.0) | - |
| EBIT | (24.1) | (21.1) | (39.8) | (30.1) | (25.1) | (30.7) | (28.1) | (26.5) | (23.4) | (27.9) | (27.2) | (26.9) | (29.2) | (38.8) | (27.7) | (30.2) | (27.1) | (27.8) | (25.2) | ||||||
| 42.3 |
| 50.3 |
| 9.1 |
| - |
| Selling & Marketing | - | - | - | - | - | 4.0 | 1.2 | 0.6 |
| General & Administrative | - | - | - | - | - | 46.4 | 8.0 | 7.9 |
| Depreciation & Amortization | 4.8 | 4.5 | 4.6 | 4.2 | 2.6 | 1.0 | 0.9 | 0.8 |
| Amortization of Intangibles | - | 0.0 | 0.6 | 0.2 | 0.0 | 0.0 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 115.8 | 117.3 | 110.2 | 111.7 | 123.8 | 96.9 | 36.7 | 36.6 |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 1.0 | 1.0 | (0.0) | 0.4 | 0.5 | 0.0 | (0.0) | 0.0 |
| Pre-Tax Income | (103.9) | (101.3) | (101.0) | (96.0) | (132.4) | (95.0) | (36.6) | (35.8) |
| (95.0) |
| (36.6) |
| (35.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (103.8) | (101.3) | (101.0) | (96.0) | (132.4) | (95.0) | (36.6) | (35.8) |
| Net Income Attributable To Parent | (103.8) | (101.3) | (101.0) | (96.0) | (132.4) | (95.0) | (36.6) | (35.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (103.8) | (101.3) | (101.0) | (96.0) | (132.4) | (95.0) | (36.6) | (35.8) |
| (6.84) |
| (6.95) |
| Shares Basic | 216.5 | 197.8 | 143.2 | 141.3 | 139.3 | 79.6 | 5.4 | 5.1 |
| Shares Diluted | 216.5 | 197.8 | 143.2 | 141.3 | 139.3 | 79.6 | 5.4 | 5.1 |
| (36.7) |
| (36.6) |
| 8.4 |
| 13.4 |
| 14.1 |
| 19.1 |
| 3.8 |
| - |
| - |
| - |
| - |
| - |
| 1.1 |
| 1.2 |
| - |
| - |
| 0.3 |
| 0.3 |
| - |
| - |
| 13.0 |
| 17.8 |
| - |
| - |
| 1.6 |
| 1.3 |
| - |
| 0.5 |
| 0.3 |
| 0.3 |
| 0.2 |
| 0.2 |
| - |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.1 |
| 27.8 |
| 25.2 |
| 32.2 |
| 11.8 |
| - |
| 8.6 |
| 8.2 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.6 |
| (0.6) |
| 0.0 |
| 0.0 |
| - |
| (0.0) |
| - |
| - |
| (35.2) |
| (29.4) |
| (18.1) |
| (35.7) |
| (11.8) |
| - |
| (8.6) |
| (8.2) |
| - |
| (30.8) |
| (18.1) |
| (35.7) |
| (10.4) |
| (9.5) |
| (8.6) |
| (8.2) |
| (10.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (30.8) |
| (18.1) |
| (35.7) |
| (10.4) |
| (9.5) |
| (8.6) |
| (8.2) |
| (10.3) |
| (35.2) |
| (29.4) |
| (18.1) |
| (35.7) |
| (11.8) |
| (9.5) |
| (8.6) |
| (8.2) |
| (10.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (32.4) |
| (35.2) |
| (29.4) |
| (18.1) |
| (35.7) |
| (11.8) |
| (9.5) |
| (8.6) |
| (8.2) |
| (10.3) |
| (0.13) |
| (0.97) |
| (2.13) |
| - |
| (1.60) |
| (1.53) |
| - |
| 136.5 |
| 36.9 |
| 5.5 |
| - |
| 5.4 |
| 5.4 |
| - |
| 136.5 |
| 36.9 |
| 5.5 |
| - |
| 5.4 |
| 5.4 |
| - |
| (32.2) |
| (11.8) |
| - |
| (8.6) |
| (8.2) |
| - |