| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | (14.7) | 1.9 | 3.2 | 2.9 | 0.8 | 0.8 | 0.8 | |||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | - | 53.7 | 0.0 | (6.7) | 3.2 | 34.0 | 2.7 | 1.7 | 3.7 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 15.3 | 19.2 | 48.1 | 31.7 | 98.4 | 93.1 | 100.4 | 89.4 | 47.9 | 21.4 |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | 21.4 | 16.9 | (66.1) | (48.3) | (133.3) | (95.9) | (130.3) | (109.9) | (59.9) | (29.7) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | 1.5 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.3 | 0.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 33.2 | 29.8 | (47.7) | |||||||
| Per Share | ||||||||||
| EPS Basic | 0.24 | 2.42 | (5.12) | (153.96) | (0.09) | (1.73) | - | - | - | - |
| EPS Diluted | 0.24 | 2.42 | (6.58) | (153.96) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | 21.8 | 17.3 | (65.6) | (47.8) | (132.0) | (87.6) | (122.3) | (103.6) | (58.6) | (29.0) |
| EBIT | 21.4 | 16.9 | (66.1) | (48.3) | ||||||
| 0.8 |
| 0.8 |
| 1.7 |
| 2.2 |
| 29.3 |
| 1.0 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.6 |
| 0.4 |
| 0.4 |
| 0.3 |
| (0.1) |
| 1.6 |
| 1.4 |
| 0.8 |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||||
| Research & Development | 3.2 | 3.3 | 3.6 | 5.2 | 7.1 | 10.5 | 14.3 | 13.4 | 9.8 | 8.3 | 7.5 | 8.0 | 7.9 | 27.1 | 25.9 | 21.1 | 24.3 | 23.6 | 24.0 | 23.7 | 21.8 | 23.2 | 20.4 | 27.5 | 29.3 | 20.3 | 25.7 | 22.8 | 20.5 | 16.3 | 13.4 | 10.3 | 8.0 | 9.6 | 4.9 | 4.1 | 2.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| General & Administrative | 4.5 | 4.5 | 4.0 | 4.0 | 5.1 | 4.0 | 4.5 | 4.5 | 5.0 | 2.8 | 2.2 | 2.5 | 2.4 | 8.1 | 7.8 | 8.0 | 14.1 | ||||||||||||||||||||
| Depreciation & Amortization | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.3 | 0.3 | 0.3 | |||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | 1.0 | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Total Operating Expenses | 7.7 | 7.9 | 7.6 | 9.2 | 12.2 | 14.5 | 18.8 | 17.9 | 14.8 | 11.1 | 9.7 | 10.5 | 10.3 | 35.3 | 33.7 | 29.1 | |||||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||||
| Operating Income | (7.7) | 45.9 | (7.6) | (9.2) | (12.2) | (14.5) | (18.8) | (17.9) | (14.8) | (25.8) | (7.8) | (7.3) | (7.4) | (34.5) | (32.9) | (28.3) | (37.6) | (33.6) | (30.7) | (30.6) | (1.1) | (29.8) | (28.3) | (35.7) | (36.5) | (25.6) | (31.3) | (28.0) | (25.1) | (20.2) | (15.6) | (13.4) | (10.7) | (12.3) | (6.7) | (6.0) | (4.7) |
| Non-Operating | |||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Income From Equity Investments | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (1.4) | (0.2) | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | |||||||||||||||||||||
| Other Non-Operating Income | 0.1 | 11.9 | 0.2 | (0.3) | 1.2 | 0.4 | 1.2 | 2.4 | 16.0 | (1.0) | (6.2) | 1.5 | 0.5 | 1.5 | 1.3 | 0.5 | 131.3 | ||||||||||||||||||||
| Pre-Tax Income | - | 57.7 | (7.4) | (9.5) | (11.0) | (14.2) | (17.6) | (15.5) | 1.2 | (2.2) | (29.6) | (29.3) | (26.0) | (33.0) | (31.6) | (27.8) | |||||||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | (0.1) | 0.0 | 0.0 | (0.4) | 0.0 | 0.1 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (7.6) | 57.7 | (7.4) | (9.5) | (11.0) | (14.2) | (17.6) | (17.0) | 1.0 | (64.3) | (14.0) | (5.8) | (28.8) | (34.3) | (33.7) | (29.1) | 92.1 | ||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income | (7.6) | 57.7 | (7.4) | (9.5) | (11.0) | (14.2) | (17.6) | (17.0) | 1.0 | (64.3) | (14.0) | (5.8) | (28.8) | (34.3) | (33.7) | (29.1) | 92.1 | ||||||||||||||||||||
| Net Income Attributable To Parent | (7.6) | 57.7 | (7.4) | (9.5) | (11.0) | (14.2) | (17.6) | (17.0) | 1.0 | (27.1) | (14.0) | (5.8) | (6.8) | (34.3) | (33.7) | (29.1) | |||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Net Income To Common Shareholders | (7.6) | 27.9 | (7.4) | (9.5) | (11.0) | 33.5 | (17.6) | (17.0) | 1.0 | 26.6 | (14.0) | (5.8) | (6.8) | (34.3) | (33.7) | ||||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.54) | - | (0.60) | (0.78) | (0.90) | - | (1.46) | (1.42) | 1.03 | - | (40.52) | (16.69) | (19.84) | - | (0.59) | (0.51) | 1.61 | - | (0.54) | (0.54) | (0.02) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.54) | - | (0.60) | (0.78) | (0.90) | - | (1.46) | (1.42) | (6.33) | - | (40.52) | (16.69) | (19.84) | - | (0.59) | (0.51) | 1.59 | - | |||||||||||||||||||
| Shares Basic | 14.1 | - | 12.2 | 12.2 | 12.2 | - | 12.1 | 12.0 | 1.0 | - | 0.3 | 0.3 | 0.3 | - | 57.4 | 57.4 | 57.3 | - | |||||||||||||||||||
| Shares Diluted | 14.1 | - | 12.2 | 12.2 | 12.2 | - | 12.1 | 12.0 | 2.3 | - | 0.3 | 0.3 | 0.3 | - | 57.4 | 57.4 | 57.9 | - | |||||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||||
| EBITDA | (7.6) | 46.0 | (7.5) | (9.1) | (12.1) | (14.4) | (18.7) | (17.8) | (14.7) | (25.7) | (7.7) | (7.1) | (7.2) | (34.1) | (32.6) | (28.0) | (37.3) | (31.6) | (28.6) | (28.5) | 1.0 | (27.7) | (26.3) | (33.7) | (34.6) | (23.8) | (29.6) | (26.4) | (23.9) | (19.6) | (15.3) | (13.2) | (10.5) | - | (6.5) | - | (4.6) |
| EBIT | (7.7) | 45.9 | (7.6) | (9.2) | (12.2) | (14.5) | (18.8) | (17.9) | (14.8) | (25.8) | (7.8) | (7.3) | (7.4) | (34.5) | (32.9) | (28.3) | (37.6) | (33.6) | (30.7) | ||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 17.1 | 17.7 | 18.0 | 9.9 | 38.1 | 36.8 | 32.6 | 22.2 | 17.3 | 8.3 |
| Depreciation & Amortization | 0.4 | 0.4 | 0.5 | 0.5 | 1.3 | 8.4 | 8.0 | 6.3 | 1.3 | 0.7 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | 0.4 | 1.5 | - | - | - | - | - | - | - |
| Total Operating Expenses | 32.3 | 36.8 | 66.1 | 41.6 | 136.5 | 129.9 | 133.0 | 111.6 | 65.2 | 29.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | 0.0 | (1.6) | 0.0 | - | - | - | - | - | - |
| Other Non-Operating Income | 11.8 | 12.9 | 20.0 | (5.2) | 134.5 | 0.2 | 1.6 | 6.0 | 4.3 | (0.3) |
| Pre-Tax Income | - | 29.8 | (46.1) | (87.1) | 1.2 | (95.8) | - | - | - | - |
| (113.0) |
| (5.0) |
| (95.8) |
| (128.7) |
| (103.9) |
| (55.6) |
| (30.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | 33.2 | 29.8 | (47.7) | (113.0) | (5.0) | (95.8) | (128.7) | (103.9) | (55.6) | (30.0) |
| Net Income Attributable To Parent | 33.2 | 29.8 | (47.7) | (53.7) | (5.0) | (95.8) | (128.7) | (103.9) | (55.6) | (30.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 3.5 | 0.0 | (0.0) | (0.1) | (5.0) | (95.8) | (128.7) | (103.9) | (55.6) | (30.0) |
| (0.09) |
| (1.73) |
| - |
| - |
| - |
| - |
| Shares Basic | 14.1 | 12.3 | 9.3 | 0.3 | 57.4 | 55.3 | - | - | - | - |
| Shares Diluted | 14.1 | 12.3 | 9.7 | 0.3 | 57.4 | 55.3 | - | - | - | - |
| (133.3) |
| (95.9) |
| (130.3) |
| (109.9) |
| (59.9) |
| (29.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.8 |
| 8.4 |
| 9.0 |
| 8.7 |
| 7.6 |
| 8.4 |
| 8.8 |
| 7.8 |
| 5.8 |
| 6.0 |
| 5.5 |
| 4.9 |
| 5.1 |
| 3.8 |
| 4.5 |
| 3.8 |
| 2.7 |
| 1.7 |
| 2.0 |
| 1.9 |
| 0.3 |
| 2.1 |
| 2.1 |
| 2.1 |
| 2.1 |
| 2.1 |
| 2.0 |
| 2.0 |
| 1.9 |
| 1.8 |
| 1.7 |
| 1.6 |
| 1.3 |
| 0.6 |
| 0.3 |
| 0.2 |
| 0.2 |
| - |
| 0.2 |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 38.4 |
| 34.4 |
| 32.3 |
| 32.7 |
| 30.4 |
| 30.8 |
| 28.8 |
| 36.3 |
| 37.1 |
| 26.1 |
| 31.7 |
| 28.4 |
| 25.4 |
| 21.4 |
| 17.2 |
| 14.8 |
| 11.8 |
| 12.3 |
| 6.7 |
| 6.0 |
| 4.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.4 |
| 1.2 |
| 1.4 |
| 1.7 |
| 1.7 |
| 1.3 |
| 1.4 |
| 1.5 |
| 1.0 |
| 0.5 |
| 0.4 |
| 0.1 |
| 0.0 |
| (0.9) |
| 93.7 |
| (33.6) |
| (30.6) |
| (30.5) |
| (1.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (33.6) |
| (30.6) |
| (30.5) |
| (1.1) |
| (29.8) |
| (28.2) |
| (35.3) |
| (35.3) |
| (24.2) |
| (29.6) |
| (26.3) |
| (23.9) |
| (18.8) |
| (14.1) |
| (12.4) |
| (10.2) |
| (11.9) |
| (6.5) |
| (6.0) |
| (5.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (33.6) |
| (30.6) |
| (30.5) |
| (1.1) |
| (29.8) |
| (28.2) |
| (35.3) |
| (35.3) |
| (24.2) |
| (29.6) |
| (26.3) |
| (23.9) |
| (18.8) |
| (14.1) |
| (12.4) |
| (10.2) |
| (11.9) |
| (6.5) |
| (6.0) |
| (5.6) |
| 92.1 |
| (33.6) |
| (30.6) |
| (30.5) |
| (1.1) |
| (29.8) |
| (28.2) |
| (35.3) |
| (35.3) |
| (24.2) |
| (29.6) |
| (26.3) |
| (23.9) |
| (18.8) |
| (14.1) |
| (12.4) |
| (10.2) |
| (11.9) |
| (6.5) |
| (6.0) |
| (5.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (29.1) |
| 92.1 |
| (33.6) |
| (30.6) |
| (30.5) |
| (1.1) |
| (29.8) |
| (28.2) |
| (35.3) |
| (35.3) |
| (24.2) |
| (29.6) |
| (26.3) |
| (23.9) |
| (18.8) |
| (14.1) |
| (12.4) |
| (10.2) |
| (11.9) |
| (6.5) |
| (6.0) |
| (5.6) |
| (0.54) |
| (0.54) |
| (0.02) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 57.1 |
| 56.5 |
| 50.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 57.1 |
| 56.5 |
| 50.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (30.6) |
| (1.1) |
| (29.8) |
| (28.3) |
| (35.7) |
| (36.5) |
| (25.6) |
| (31.3) |
| (28.0) |
| (25.1) |
| (20.2) |
| (15.6) |
| (13.4) |
| (10.7) |
| (12.3) |
| (6.7) |
| (6.0) |
| (4.7) |