| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | 3.7 | 0.2 | 0.4 | 0.1 | 0.0 | 0.1 | 0.1 | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 4.3 | 0.7 | 0.4 | 0.4 | 0.1 | - | - | - | - | - |
| Cost of Revenue | 5.0 | 0.6 | 0.3 | 0.2 | 0.1 | - | - | - | - | - |
| Gross Profit | (0.7) | 0.1 | 0.1 | 0.2 | 0.1 | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 24.5 | 20.5 | 11.3 | 8.9 | 5.2 | 2.6 | 1.5 | 0.9 | 0.3 | - |
| Selling General & Administrative | - | - | - | |||||||
| Operating Income | ||||||||||
| Operating Income | (63.3) | (51.1) | (25.9) | (26.2) | (28.6) | (17.1) | (17.3) | (2.5) | (5.8) | (0.2) |
| Non-Operating | ||||||||||
| Interest Income | - | - | - | 0.3 | 0.0 | 0.0 | 0.0 | - | - | - |
| Interest Expense | 0.2 | 0.1 | 2.5 | 1.6 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (39.7) | (18.7) | (68.5) | |||||||
| Per Share | ||||||||||
| EPS Basic | (0.18) | (0.11) | (0.73) | (0.42) | (0.73) | (0.96) | - | - | - | - |
| EPS Diluted | (0.18) | (0.11) | (0.73) | (0.42) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (57.9) | (46.7) | (22.1) | (22.9) | (26.8) | (17.1) | (17.3) | (2.5) | (5.8) | - |
| EBIT | (63.3) | (51.1) | (25.9) | (26.2) | ||||||
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 4.4 | 0.3 | 0.3 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | (0.7) | (0.1) | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | (0.0) | 0.0 | 0.1 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 7.0 | 7.0 | 4.5 | 6.0 | 3.0 | 4.8 | 2.2 | 2.1 | 2.2 | 1.9 | 2.3 | 2.5 | 2.2 | 2.1 | 1.3 | 0.9 | 1.0 | 0.8 | 0.6 | 0.6 | 0.6 | 0.6 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 |
| Selling General & Administrative | - | - | - | - | - | - | 2.8 | 2.8 | 3.7 | 4.3 | 3.7 | 4.2 | 3.5 | 15.5 | 2.7 | 2.1 | |||||||||||||||||
| Selling & Marketing | 1.6 | 1.3 | 0.8 | 0.7 | 0.7 | 0.6 | 0.4 | 0.4 | 0.5 | 0.4 | 0.6 | 0.4 | 0.4 | - | - | - | - | ||||||||||||||||
| General & Administrative | 11.3 | 13.8 | 5.2 | 3.5 | 4.6 | 3.6 | 2.8 | 2.8 | 3.7 | - | - | - | 1.2 | - | - | - | - | ||||||||||||||||
| Depreciation & Amortization | 2.0 | 2.1 | 1.2 | 0.2 | 1.0 | 2.0 | 0.9 | 0.1 | 0.8 | - | - | 0.1 | 0.8 | - | - | - | |||||||||||||||||
| Amortization of Intangibles | 0.9 | 0.5 | 0.5 | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | - | 0.8 | - | 1.5 | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | 19.8 | 22.1 | 10.5 | 10.2 | 8.3 | 8.9 | 5.4 | 5.3 | 6.3 | 6.6 | 6.6 | 7.0 | 6.2 | 10.3 | 6.8 | 4.9 | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (20.6) | (22.2) | (10.4) | (10.2) | (8.3) | (8.9) | (5.4) | (5.3) | (6.3) | (6.6) | (6.6) | (7.0) | (6.1) | (10.3) | (6.8) | (4.8) | (6.7) | (4.6) | (4.8) | (4.3) | (3.4) | (6.0) | (8.7) | (0.9) | (1.7) | (0.8) | 0.8 | (2.0) | (0.6) | 19.6 | (24.7) | (0.4) | (0.3) |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - |
| Interest Expense | 0.2 | (0.1) | 0.0 | 0.1 | 0.1 | - | 0.3 | - | 0.2 | 0.4 | 0.4 | 0.4 | 0.3 | (0.0) | 0.5 | 0.1 | 0.2 | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | (0.4) | (0.6) | (0.8) | (0.7) | (0.6) | (0.7) | (0.3) | (0.4) | ||||||||||||||||
| Pre-Tax Income | (4.1) | (1.6) | 2.4 | (36.5) | 17.0 | (51.2) | (5.7) | (5.2) | (6.4) | (6.6) | (6.8) | (7.4) | (6.1) | - | - | - | - | ||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (4.1) | (1.6) | 2.4 | (36.5) | 17.0 | (51.2) | (5.7) | (5.2) | (6.4) | (6.6) | (6.8) | (7.4) | (6.1) | (6.2) | (7.6) | (5.1) | (7.1) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (4.1) | (1.6) | 2.4 | (36.5) | 17.0 | (51.2) | (5.7) | (5.2) | (6.4) | (6.6) | (6.8) | (7.4) | (6.1) | (6.2) | (7.6) | (5.1) | (7.1) | ||||||||||||||||
| Net Income Attributable To Parent | (4.1) | (1.6) | 2.4 | (36.5) | 17.0 | (51.2) | (5.7) | (5.2) | (6.4) | (6.6) | (6.8) | (7.4) | (6.1) | (6.2) | (7.6) | (5.1) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | 0.2 | 0.2 | 0.2 | 0.2 | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (4.1) | (1.6) | 2.4 | (36.5) | 17.0 | (51.2) | (5.7) | (5.2) | (6.4) | (6.8) | (7.1) | (7.6) | (6.4) | (7.1) | (7.6) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.02) | - | 0.01 | (0.26) | 0.13 | - | (0.06) | (0.06) | (0.08) | - | (0.10) | (0.12) | (0.11) | - | (0.22) | (0.17) | (0.24) | - | (0.16) | (0.14) | (0.12) | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.02) | - | 0.01 | (0.26) | 0.11 | - | (0.06) | (0.06) | (0.08) | - | (0.10) | (0.12) | (0.11) | - | (0.11) | (0.11) | (0.19) | - | |||||||||||||||
| Shares Basic | 224.0 | - | 160.4 | 141.4 | 135.2 | - | 93.0 | 93.6 | 81.9 | - | 71.6 | 62.7 | 58.9 | - | 33.9 | 29.2 | 29.2 | - | |||||||||||||||
| Shares Diluted | 224.0 | - | 166.8 | 141.4 | 153.0 | - | 93.0 | 93.6 | 81.9 | - | 71.6 | 62.7 | 58.9 | - | 68.9 | 44.9 | 38.1 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (18.6) | (20.2) | (9.2) | (10.0) | (7.3) | (6.9) | (4.6) | (5.2) | (5.5) | - | - | (6.9) | (5.3) | - | - | - | (6.7) | - | - | - | (3.4) | - | - | - | (1.7) | - | - | - | (0.6) | - | - | - | - |
| EBIT | (20.6) | (22.2) | (10.4) | (10.2) | (8.3) | (8.9) | (5.4) | (5.3) | (6.3) | (6.6) | (6.6) | (7.0) | (6.1) | (10.3) | (6.8) | (4.8) | (6.7) | (4.6) | (4.8) | ||||||||||||||
| 15.7 |
| 21.4 |
| 1.6 |
| 2.2 |
| - |
| - |
| - |
| Selling & Marketing | 4.4 | 3.4 | 1.8 | 1.8 | 2.1 | - | - | - | - | - |
| General & Administrative | 33.9 | 27.2 | 12.9 | 15.7 | 15.0 | 2.6 | - | - | - | - |
| Depreciation & Amortization | 5.4 | 4.4 | 3.8 | 3.3 | 1.9 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Amortization of Intangibles | 2.6 | 2.5 | 3.1 | 3.1 | 1.8 | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 62.7 | 51.1 | 26.0 | 26.4 | 28.7 | 17.1 | 17.3 | 2.5 | 5.8 | 0.2 |
| 0.8 |
| 0.2 |
| 5.7 |
| 0.2 |
| 0.1 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | (2.5) | (2.0) | (10.8) | (7.4) | (5.8) | (4.7) | - |
| Pre-Tax Income | (39.7) | (18.7) | (68.5) | (27.0) | (26.0) | - | - | - | - | - |
| (27.0) |
| (26.0) |
| (27.9) |
| (24.7) |
| (8.4) |
| (10.5) |
| (0.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (39.7) | (18.7) | (68.5) | (27.0) | (26.0) | (27.9) | (24.7) | (8.4) | (10.5) | (0.2) |
| Net Income Attributable To Parent | (39.7) | (18.7) | (68.5) | (27.0) | (26.0) | (27.9) | (24.7) | (8.4) | (10.5) | (0.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | 0.9 | 0.9 | - | - | - | - | - |
| Net Income To Common Shareholders | (39.7) | (18.7) | (68.5) | (27.9) | (26.9) | (27.9) | (24.7) | (8.4) | (10.5) | (0.2) |
| (0.73) |
| (0.96) |
| - |
| - |
| - |
| - |
| Shares Basic | 224.0 | 0.2 | 0.1 | 0.1 | 36.7 | 29.2 | - | - | - | - |
| Shares Diluted | 224.0 | 0.2 | 0.1 | 0.1 | 36.7 | 29.2 | - | - | - | - |
| (28.6) |
| (17.1) |
| (17.3) |
| (2.5) |
| (5.8) |
| (0.2) |
| 1.1 |
| 0.2 |
| 0.6 |
| 0.5 |
| 0.2 |
| 0.5 |
| 1.3 |
| 0.2 |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.7 |
| 4.6 |
| 4.8 |
| 4.3 |
| 3.4 |
| 6.0 |
| 8.7 |
| 0.9 |
| 1.7 |
| 0.8 |
| (0.8) |
| 2.0 |
| 0.6 |
| (19.6) |
| 24.7 |
| 0.4 |
| 0.3 |
| - |
| - |
| - |
| 3.4 |
| 0.8 |
| 1.5 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.0) |
| 0.0 |
| 0.2 |
| 0.0 |
| (4.6) |
| (3.0) |
| (0.9) |
| 1.0 |
| (5.7) |
| (0.0) |
| (0.1) |
| (0.1) |
| (1.2) |
| (2.3) |
| (0.5) |
| (0.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.6) |
| (4.8) |
| (4.1) |
| (3.4) |
| (10.6) |
| (11.7) |
| (1.8) |
| (0.7) |
| (6.5) |
| 0.8 |
| (2.0) |
| (0.6) |
| 18.4 |
| (27.0) |
| (0.9) |
| (1.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.6) |
| (4.8) |
| (4.1) |
| (3.4) |
| (10.6) |
| (11.7) |
| (1.8) |
| (0.7) |
| (6.5) |
| 0.8 |
| (2.0) |
| (0.6) |
| 18.4 |
| (27.0) |
| (0.9) |
| (1.0) |
| (7.1) |
| (15.6) |
| (4.8) |
| (4.1) |
| (3.4) |
| (10.6) |
| (11.7) |
| (1.8) |
| (0.7) |
| (6.5) |
| 0.8 |
| (2.0) |
| (0.6) |
| 18.4 |
| (27.0) |
| (0.9) |
| (1.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.1) |
| (7.1) |
| (15.6) |
| (4.8) |
| (4.1) |
| (3.4) |
| (10.6) |
| (11.7) |
| (1.8) |
| (0.7) |
| (6.5) |
| 0.8 |
| (2.0) |
| (0.6) |
| 18.4 |
| (27.0) |
| (0.9) |
| (1.0) |
| (0.16) |
| (0.14) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 29.2 |
| 29.1 |
| 28.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 29.2 |
| 29.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.3) |
| (3.4) |
| (6.0) |
| (8.7) |
| (0.9) |
| (1.7) |
| (0.8) |
| 0.8 |
| (2.0) |
| (0.6) |
| 19.6 |
| (24.7) |
| (0.4) |
| (0.3) |