| (in millions of USD, except per-share data) | 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 | Q3 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| (in millions of USD, except per-share data) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - |
| Operating Expenses | ||||||
| Research & Development | 33.6 | 40.2 | 47.6 | 43.9 | 22.1 | 9.8 |
| Selling General & Administrative | - | - | - | - | - | - |
| Operating Income | ||||||
| Operating Income | (50.0) | (66.6) | (80.7) | (80.1) | (38.2) | (13.0) |
| Non-Operating | ||||||
| Interest Income | - | 3.3 | 4.4 | 1.4 | 0.0 | 0.1 |
| Interest Expense | - | - | 0.0 | 0.2 | 0.1 | 0.0 |
| Income From Equity Investments | ||||||
| Tax & Net | ||||||
| Income Tax Expense | - | - | - | - | - | - |
| Net Income From Continuing Ops | (50.2) | (63.2) | (71.1) | 5.2 | (35.2) | (12.9) |
| Net Income From Discontinued Ops | ||||||
| Per Share | ||||||
| EPS Basic | - | - | (0.49) | 0.04 | (0.36) | (0.16) |
| EPS Diluted | - | - | (0.49) | 0.04 | (0.36) | (0.16) |
| Shares Basic | ||||||
| Supplementary Data | ||||||
| EBITDA | (48.6) | (64.4) | (78.8) | (79.0) | (37.9) | (12.8) |
| EBIT | (50.0) | (66.6) | (80.7) | (80.1) | (38.2) | (13.0) |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 7.1 | 8.0 | 9.1 | 9.4 | 8.5 | 10.8 | 10.9 | 10.0 | 8.5 | 13.0 | 12.7 | 13.4 | 11.9 | 12.1 | 10.1 | 9.8 | 9.3 | 5.2 | 4.0 | 3.6 | 2.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | 0.4 | 0.4 | 0.3 | 1.0 | 1.0 | 1.2 | 1.2 | 1.1 | 1.2 | 1.4 | 1.7 | 2.0 | 1.8 | 1.9 | 1.3 | 1.4 | 1.6 | ||||
| General & Administrative | 2.6 | 3.2 | 4.1 | 5.3 | 5.5 | 5.7 | 5.6 | 5.0 | 5.9 | 6.9 | 7.1 | 7.0 | 6.9 | 8.1 | 7.8 | 6.9 | 7.0 | ||||
| Depreciation & Amortization | 0.3 | 0.4 | 0.4 | 0.4 | 0.6 | 0.5 | 0.5 | 0.5 | - | 0.4 | - | 0.4 | - | 0.3 | - | 0.2 | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 9.3 | 11.5 | 13.5 | 15.7 | 15.0 | 17.8 | 17.7 | 16.1 | 15.5 | 21.4 | 21.5 | 22.3 | 20.6 | 22.2 | 19.1 | 18.2 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (9.3) | (11.5) | (13.5) | (15.7) | (15.0) | (17.8) | (17.7) | (16.1) | (15.5) | (21.4) | (21.5) | (22.3) | (20.6) | (22.2) | (19.1) | (18.2) | (17.8) | (8.6) | (6.6) | (5.2) | (3.3) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | - | - | 0.3 | 0.4 | 0.6 | 0.8 | 0.9 | 1.0 | 1.0 | 0.9 | 1.0 | 1.5 | 0.8 | 0.5 | 0.1 | 0.0 | - | - | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Pre-Tax Income | (10.5) | (11.1) | (13.2) | (15.4) | (13.9) | (17.1) | (15.2) | (17.0) | (13.1) | (15.7) | (15.3) | (26.9) | (11.2) | (24.7) | (1.5) | 42.5 | |||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (10.5) | (11.1) | (13.2) | (15.4) | (13.9) | (17.1) | (15.2) | (17.0) | (13.1) | (15.7) | (15.3) | (26.9) | (11.2) | (24.7) | (1.5) | 42.5 | 36.2 | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (10.5) | (11.1) | (13.2) | (15.4) | (13.9) | (17.1) | (15.2) | (17.0) | (13.1) | (15.7) | (15.3) | (26.9) | (11.2) | (24.7) | (1.5) | 42.5 | 36.2 | ||||
| Net Income Attributable To Parent | (10.5) | (11.1) | (13.2) | (15.4) | (13.9) | (17.1) | (15.2) | (17.0) | (13.1) | (15.7) | (15.3) | (26.9) | (11.2) | (24.7) | (1.5) | 42.5 | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (10.5) | (11.1) | (13.2) | (15.4) | (13.9) | (17.1) | (15.2) | (17.0) | (13.1) | (15.7) | (15.3) | (26.9) | (11.2) | (24.7) | (1.5) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | - | - | - | - | - | - | (2.59) | (0.10) | - | (0.10) | (3.62) | (0.21) | - | (0.20) | (0.01) | 0.35 | - | (0.49) | (0.08) | (0.06) | - |
| EPS Diluted | - | - | - | - | - | - | (2.59) | (0.10) | - | (0.10) | (3.62) | (0.21) | - | (0.20) | (0.01) | 0.33 | - | (0.49) | |||
| Shares Basic | - | 6.0 | 5.9 | 5.9 | - | 5.9 | 5.9 | 5.9 | - | 5.2 | 4.2 | 126.1 | - | 122.0 | 121.3 | 120.3 | - | 92.2 | |||
| Shares Diluted | - | 6.0 | 5.9 | 5.9 | - | 5.9 | 5.9 | 5.9 | - | 5.2 | 4.2 | 126.1 | - | 122.0 | 121.3 | 127.6 | - | 92.2 | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (9.0) | (11.2) | (13.1) | (15.4) | (14.4) | (17.2) | (17.2) | (15.6) | - | (20.9) | - | (21.9) | - | (21.8) | - | (18.0) | - | - | - | (5.2) | - |
| EBIT | (9.3) | (11.5) | (13.5) | (15.7) | (15.0) | (17.8) | (17.7) | (16.1) | (15.5) | (21.4) | (21.5) | (22.3) | (20.6) | (22.2) | (19.1) | (18.2) | (17.8) | (8.6) | (6.6) | ||
| Selling & Marketing | 2.2 | 4.5 | 6.2 | 6.5 | 3.0 | 0.9 |
| General & Administrative | 15.2 | 21.9 | 26.9 | 29.7 | 13.2 | 2.3 |
| Depreciation & Amortization | 1.4 | 2.1 | 1.9 | 1.1 | 0.3 | 0.2 |
| Amortization of Intangibles | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - |
| Total Operating Expenses | 50.0 | 66.6 | 80.7 | 80.1 | 38.2 | 13.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| Other Non-Operating Income | (0.2) | 3.3 | - | - | - | - |
| Pre-Tax Income | (50.2) | (63.2) | (71.1) | 5.2 | (35.2) | (12.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| Net Income | (50.2) | (63.2) | (71.1) | 5.2 | (35.2) | (12.9) |
| Net Income Attributable To Parent | (50.2) | (63.2) | (71.1) | 5.2 | (35.2) | (12.9) |
| Less: Minority Interest | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - |
| Net Income To Common Shareholders | (50.2) | (63.2) | (71.1) | 5.2 | (35.2) | (12.9) |
| 6.1 |
| 5.9 |
| 4.9 |
| 121.8 |
| 96.7 |
| - |
| Shares Diluted | 6.1 | 5.9 | 4.9 | 127.5 | 96.7 | 78.7 |
| - |
| - |
| - |
| - |
| - |
| 0.8 |
| 0.3 |
| 0.2 |
| 0.4 |
| 2.5 |
| 2.3 |
| 1.4 |
| 0.5 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 17.8 |
| 8.6 |
| 6.6 |
| 5.2 |
| 3.3 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| 21.8 |
| (45.1) |
| (6.6) |
| (5.2) |
| (3.3) |
| (45.1) |
| (21.0) |
| (5.2) |
| (3.3) |
| - |
| - |
| - |
| - |
| (45.1) |
| (21.0) |
| (5.2) |
| (3.3) |
| 21.8 |
| (45.1) |
| (6.6) |
| (5.2) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 42.5 |
| 21.8 |
| (45.1) |
| (6.6) |
| (5.2) |
| (3.3) |
| (0.08) |
| (0.06) |
| - |
| 87.8 |
| 87.5 |
| - |
| 87.8 |
| 87.5 |
| 85.4 |
| (5.2) |
| (3.3) |