| (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 | 1.7 | 1.5 | 0.0 | 0.0 | 0.2 | 1.0 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | 0.0 | 0.0 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 3.2 | 1.6 | 1.0 | 0.0 | 0.0 | 2.7 | 0.5 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 18.8 | 20.2 | 26.7 | 39.6 | 36.6 | 26.5 | 12.0 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (34.6) | (38.3) | (53.3) | (66.1) | (63.5) | (51.6) | (16.5) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | 0.1 | 0.1 |
| Interest Expense | 2.0 | 2.9 | 5.0 | 5.1 | 1.1 | 0.5 | 0.1 |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (36.2) | (41.0) | (56.6) | (67.9) | (63.3) | (53.1) | |
| Per Share | |||||||
| EPS Basic | (0.16) | (0.45) | (1.05) | (1.33) | (1.28) | (0.43) | - |
| EPS Diluted | (0.16) | (0.45) | (1.05) | (1.33) | (1.28) | (0.43) | - |
| Supplementary Data | |||||||
| EBITDA | - | (37.4) | (52.3) | (65.3) | (62.9) | (51.1) | (16.0) |
| EBIT | (34.6) | (38.3) | (53.3) | (66.1) | (63.5) | (51.6) | (16.5) |
| - |
| 0.0 |
| 0.0 |
| 2.0 |
| 0.8 |
| - |
| 0.1 |
| 0.1 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 5.2 | 4.9 | 3.2 | 5.5 | 6.6 | 6.8 | 6.2 | 6.1 | 7.6 | 7.6 | 11.2 | 11.1 | 9.7 | 10.4 | 9.1 | 9.5 | 7.6 | 7.4 | 12.0 | 3.8 | 3.3 | - | 2.1 | 2.6 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 4.9 | 5.1 | 4.0 | 5.0 | 5.6 | 5.5 | 5.6 | 6.4 | 6.4 | 5.8 | 6.6 | 7.2 | 6.8 | 7.1 | 7.2 | 6.3 | 6.2 | ||||||||
| Depreciation & Amortization | 0.2 | - | - | - | 0.3 | - | - | - | 0.2 | - | - | - | 0.2 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 10.0 | 10.0 | 7.3 | 10.5 | 12.2 | 16.0 | 11.8 | 12.5 | 14.0 | 13.4 | 17.9 | 18.3 | 16.5 | 17.5 | 16.3 | 15.8 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (8.3) | (8.5) | (7.3) | (10.5) | (12.0) | (15.0) | (11.8) | (12.5) | (14.0) | (13.4) | (17.9) | (18.3) | (16.5) | (17.5) | (16.3) | (15.8) | (13.8) | (13.4) | (27.8) | (5.3) | (5.2) | - | (2.8) | (3.4) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Interest Expense | 0.1 | 0.3 | 0.7 | 0.9 | 0.9 | 1.1 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.2 | 0.7 | 0.4 | 0.0 | 0.0 | (0.0) | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | (14.1) | (18.3) | (18.7) | (16.8) | (17.4) | (16.3) | (15.8) | (13.8) | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | (0.3) | 0.1 | 0.2 | 0.1 | (0.0) | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (8.0) | (9.1) | (7.9) | (11.2) | (12.7) | (15.7) | (12.7) | (13.4) | (14.8) | (14.1) | (18.3) | (18.7) | (16.8) | (17.3) | (16.2) | (16.0) | (13.8) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (8.0) | (9.1) | (7.9) | (11.2) | (12.7) | (15.7) | (12.7) | (13.4) | (14.8) | (14.1) | (18.3) | (18.7) | (16.8) | (17.3) | (16.2) | (16.0) | (13.8) | ||||||||
| Net Income Attributable To Parent | (7.0) | (10.3) | (5.4) | (6.7) | (7.3) | (8.9) | (6.8) | (6.8) | (7.5) | (7.1) | (9.2) | (9.3) | (8.4) | (8.8) | (8.0) | (7.6) | |||||||||
| Less: Minority Interest | (1.0) | 1.2 | (2.5) | (4.5) | (5.5) | (6.8) | (5.9) | (6.6) | (7.3) | (7.0) | (9.1) | (9.4) | (8.5) | (8.6) | (8.3) | (8.3) | (7.6) | ||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (7.0) | (10.3) | (5.4) | (6.7) | (7.3) | (8.9) | (6.8) | (6.8) | (7.5) | (7.1) | (9.2) | (9.3) | (8.4) | (8.8) | (8.0) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.04) | - | (0.12) | (0.18) | (0.22) | - | (0.24) | (0.26) | (0.29) | - | (0.36) | (0.37) | (0.33) | - | 0.33 | 0.31 | 0.29 | - | (0.16) | - | - | - | - | - | - |
| EPS Diluted | (0.04) | - | (0.12) | (0.18) | (0.22) | - | (0.24) | (0.26) | (0.29) | - | (0.36) | (0.37) | (0.33) | - | 0.33 | 0.31 | 0.29 | - | |||||||
| Shares Basic | 180.0 | - | 46.4 | 36.5 | 33.4 | - | 28.8 | 26.3 | 26.0 | - | 25.6 | 25.3 | 25.2 | - | 24.5 | 24.4 | 21.4 | - | |||||||
| Shares Diluted | 180.0 | - | 46.4 | 36.5 | 33.4 | - | 28.8 | 26.3 | 26.0 | - | 25.6 | 25.3 | 25.2 | - | 24.5 | 24.4 | 21.4 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (8.2) | - | - | - | (11.8) | - | - | - | (13.8) | - | - | - | (16.3) | - | - | - | (13.7) | - | - | - | (5.1) | - | - | - | - |
| EBIT | (8.3) | (8.5) | (7.3) | (10.5) | (12.0) | (15.0) | (11.8) | (12.5) | (14.0) | (13.4) | (17.9) | (18.3) | (16.5) | (17.5) | (16.3) | (15.8) | (13.8) | (13.4) | (27.8) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 19.0 | 19.7 | 23.9 | 26.5 | 26.8 | 27.8 | 5.0 |
| Depreciation & Amortization | - | 0.9 | 1.0 | 0.8 | 0.5 | 0.5 | 0.6 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 37.8 | 39.9 | 54.3 | 66.1 | 63.5 | 54.3 | (17.0) |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | - | - |
| Pre-Tax Income | - | - | - | (67.9) | (63.3) | (53.0) | (16.7) |
| (16.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (36.2) | (41.0) | (56.6) | (67.9) | (63.3) | (53.1) | (16.7) |
| Net Income Attributable To Parent | (29.4) | (29.7) | (30.0) | (34.0) | (30.6) | (8.3) | 0.0 |
| Less: Minority Interest | (6.8) | (11.3) | (26.6) | (33.9) | (32.8) | (44.8) | (16.7) |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (29.4) | (29.7) | (30.0) | (34.0) | (30.6) | (8.3) | 0.0 |
| Shares Basic | 180.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Shares Diluted | 180.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.9 |
| 15.8 |
| 3.5 |
| 2.6 |
| - |
| 0.8 |
| 0.9 |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.8 |
| 13.4 |
| 27.8 |
| 7.2 |
| 6.0 |
| - |
| 2.9 |
| 3.5 |
| - |
| 0.1 |
| 0.2 |
| 0.2 |
| - |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.3) |
| (28.7) |
| (5.5) |
| (5.6) |
| - |
| (2.9) |
| (2.7) |
| - |
| (13.3) |
| (28.7) |
| (5.5) |
| (5.6) |
| (5.8) |
| (2.9) |
| (2.7) |
| (5.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (13.3) |
| (28.7) |
| (5.5) |
| (5.6) |
| (5.8) |
| (2.9) |
| (2.7) |
| (5.4) |
| (6.2) |
| 5.9 |
| (3.1) |
| (5.5) |
| (5.6) |
| 10.9 |
| (2.9) |
| (2.7) |
| (5.4) |
| (8.1) |
| (25.6) |
| (5.5) |
| (5.6) |
| - |
| (2.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.6) |
| (6.2) |
| 5.9 |
| (3.1) |
| (5.5) |
| (5.6) |
| 10.9 |
| (2.9) |
| (2.7) |
| (5.4) |
| (0.16) |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| (5.3) |
| (5.2) |
| - |
| (2.8) |
| (3.4) |
| - |