| (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 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 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 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||
| Revenues | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||
| Research & Development | 137.5 | 142.0 | 171.2 | 186.3 | 165.6 | 125.5 | 105.4 | 57.9 | 53.3 | 14.9 | 6.0 | 12.6 | 5.6 |
| Selling General & Administrative | |||||||||||||
| Operating Income | |||||||||||||
| Operating Income | (215.9) | (231.7) | (273.2) | (259.7) | (224.3) | (167.2) | (134.3) | (76.2) | (71.2) | (19.8) | (7.6) | (20.4) | (7.7) |
| Non-Operating | |||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | 0.8 | 0.4 | 0.1 | - |
| Interest Expense | 1.9 | ||||||||||||
| Tax & Net | |||||||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (209.4) | ||||||||||||
| Per Share | |||||||||||||
| EPS Basic | (1.87) | (2.01) | (2.73) | (2.92) | (3.26) | (2.67) | (2.52) | (1.58) | - | - | - | - | - |
| EPS Diluted | (1.87) | ||||||||||||
| Supplementary Data | |||||||||||||
| EBITDA | - | (222.8) | (266.0) | (254.8) | (220.4) | (164.0) | (133.2) | (75.7) | (70.8) | (19.6) | (7.5) | (20.4) | (7.7) |
| EBIT | (215.9) | ||||||||||||
| 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 |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 31.5 | 29.3 | 34.1 | 42.7 | 35.9 | 37.4 | 42.3 | 46.3 | 45.2 | 41.7 | 46.8 | 51.4 | 46.4 | 50.0 | 43.4 | 41.4 | 30.8 | 33.0 | 39.6 | 24.5 | 28.3 | 50.1 | 21.7 | 16.7 | 17.0 | 14.0 | 14.8 | 14.0 | 15.1 | 23.7 | 13.1 | 10.8 | 5.7 | 4.9 | 4.9 | 2.8 | 2.3 | (16.5) | 8.4 | 6.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 17.1 | 14.7 | 18.4 | 25.0 | 28.4 | 25.3 | 27.1 | 27.4 | 22.1 | 21.5 | 18.6 | 17.4 | 15.8 | 19.0 | 15.1 | 12.9 | 11.8 | |||||||||||||||||||||||
| Depreciation & Amortization | 1.6 | - | 2.7 | - | 2.5 | 1.8 | 1.9 | 1.8 | 1.7 | 1.4 | 1.2 | 1.2 | 1.1 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 48.5 | 44.0 | 52.2 | 71.1 | 64.4 | 62.7 | 69.4 | 73.7 | 67.4 | 63.3 | 65.4 | 68.8 | 62.2 | 69.1 | 58.5 | 54.2 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (48.5) | (44.0) | (52.2) | (71.1) | (64.4) | (62.7) | (69.4) | (73.7) | (67.4) | (63.3) | (65.4) | (68.8) | (62.2) | (69.1) | (58.5) | (54.2) | (42.6) | (44.3) | (49.6) | (34.0) | (39.2) | (59.2) | (27.4) | (23.6) | (24.1) | (19.6) | (19.2) | (18.4) | (18.9) | (26.5) | (15.3) | (14.9) | (14.4) | (6.7) | (6.7) | (3.5) | (2.9) | 22.1 | (10.7) | (8.8) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.5 | 0.5 | 0.3 | 0.8 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | 0.1 |
| Interest Expense | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (47.6) | (42.5) | (50.3) | (68.9) | (61.3) | (60.3) | (66.7) | (69.6) | (62.1) | (59.7) | (61.9) | (65.7) | (58.3) | (66.7) | (57.8) | (54.4) | (43.0) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (47.6) | (42.5) | (50.3) | (68.9) | (61.3) | (60.3) | (66.7) | (69.6) | (62.1) | (59.7) | (61.9) | (65.7) | (58.3) | (66.7) | (57.8) | (54.4) | (43.0) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (47.6) | (42.5) | (50.3) | (68.9) | (61.3) | (60.3) | (66.7) | (69.6) | (62.1) | (59.7) | (61.9) | (65.7) | (58.3) | (66.7) | (57.8) | (54.4) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (47.6) | (42.5) | (50.3) | (68.9) | (61.3) | (60.3) | (66.7) | (69.6) | (62.1) | (59.7) | (61.9) | (65.7) | (58.3) | (66.7) | (57.8) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.42) | - | (0.45) | (0.62) | (0.56) | - | (0.71) | (0.74) | (0.66) | - | (0.75) | (0.82) | (0.73) | - | (0.87) | (0.83) | (0.67) | - | (0.79) | (0.55) | (0.65) | - | (0.53) | (0.45) | (0.45) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.42) | - | (0.45) | (0.62) | (0.56) | - | (0.71) | (0.74) | (0.66) | - | (0.75) | (0.82) | (0.73) | - | (0.87) | (0.83) | (0.67) | - | ||||||||||||||||||||||
| Shares Basic | 112.1 | - | 111.6 | 111.0 | 110.1 | - | 94.2 | 93.7 | 93.5 | - | 82.6 | 80.5 | 79.5 | - | 66.2 | 65.5 | 64.5 | - | ||||||||||||||||||||||
| Shares Diluted | 112.1 | - | 111.6 | 111.0 | 110.1 | - | 94.2 | 93.7 | 93.5 | - | 82.6 | 80.5 | 79.5 | - | 66.2 | 65.5 | 64.5 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (46.9) | - | (49.5) | - | (61.9) | (60.9) | (67.5) | (71.9) | (65.7) | (61.9) | (64.2) | (67.6) | (61.1) | - | - | - | - | (43.3) | (48.8) | (33.3) | (38.5) | (58.6) | (27.1) | (23.5) | (24.0) | (19.5) | (19.1) | (18.3) | (18.8) | (26.5) | (15.2) | (14.8) | (14.3) | (6.6) | (6.7) | (3.5) | (2.8) | 22.0 | (10.7) | (8.7) |
| EBIT | (48.5) | (44.0) | (52.2) | (71.1) | (64.4) | (62.7) | (69.4) | (73.7) | (67.4) | (63.3) | (65.4) | (68.8) | (62.2) | (69.1) | (58.5) | (54.2) | (42.6) | (44.3) | (49.6) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 75.1 | 86.5 | 102.0 | 73.3 | 58.8 | 41.8 | 28.9 | 18.2 | 17.9 | 4.9 | 1.6 | 7.8 | 2.1 |
| Depreciation & Amortization | - | 8.9 | 7.2 | 4.9 | 3.9 | 3.2 | 1.1 | 0.4 | 0.3 | 0.2 | 0.1 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 215.9 | 231.7 | 273.2 | 259.7 | 224.3 | 167.2 | 134.3 | 76.2 | 71.2 | 19.8 | 7.6 | - | - |
| 1.9 |
| 1.9 |
| 1.9 |
| 1.9 |
| 3.0 |
| 7.0 |
| 6.0 |
| 6.0 |
| 0.0 |
| 0.0 |
| 1.2 |
| 1.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | 2.5 | (1.8) | (5.4) | - | - | - | - | - | - |
| Pre-Tax Income | - | (223.1) | (258.7) | - | - | - | - | - | - | - | - | - | - |
| (223.1) |
| (258.7) |
| (245.6) |
| (221.9) |
| (169.1) |
| (139.7) |
| (77.3) |
| (74.5) |
| (19.6) |
| (7.6) |
| (68.0) |
| (9.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (209.4) | (223.1) | (258.7) | (245.6) | (221.9) | (169.1) | (139.7) | (77.3) | (74.5) | (19.6) | (7.6) | (68.0) | (9.5) |
| Net Income Attributable To Parent | (209.4) | (223.1) | (258.7) | (245.6) | (221.9) | (169.1) | (139.7) | (77.3) | (74.5) | (19.6) | (7.6) | (68.0) | (9.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | 0.1 | 4.3 |
| Net Income To Common Shareholders | (209.4) | (223.1) | (258.7) | (245.6) | (221.9) | (169.1) | (139.7) | (77.3) | (74.5) | (19.6) | (7.6) | (68.1) | (13.8) |
| (2.01) |
| (2.73) |
| (2.92) |
| (3.26) |
| (2.67) |
| (2.52) |
| (1.58) |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 112.1 | 111.1 | 94.8 | 84.0 | 68.1 | 63.2 | 55.4 | 49.0 | - | - | - | - | - |
| Shares Diluted | 112.1 | 111.1 | 94.8 | 84.0 | 68.1 | 63.2 | 55.4 | 49.0 | - | - | - | - | - |
| (231.7) |
| (273.2) |
| (259.7) |
| (224.3) |
| (167.2) |
| (134.3) |
| (76.2) |
| (71.2) |
| (19.8) |
| (7.6) |
| (20.4) |
| (7.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.3 |
| 10.0 |
| 9.5 |
| 10.9 |
| 9.1 |
| 5.7 |
| 6.8 |
| 7.2 |
| 5.7 |
| 4.3 |
| 4.4 |
| 3.8 |
| 2.9 |
| 2.3 |
| 4.1 |
| 8.7 |
| 1.7 |
| 1.8 |
| 0.7 |
| 0.6 |
| (5.6) |
| 2.3 |
| 2.3 |
| - |
| 1.0 |
| 0.8 |
| 0.7 |
| 0.7 |
| 0.6 |
| 0.3 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| (0.0) |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.0) |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| 42.6 |
| 44.3 |
| 49.6 |
| 34.0 |
| 39.2 |
| 59.2 |
| 27.4 |
| 23.6 |
| 24.1 |
| 19.6 |
| 19.2 |
| 18.4 |
| 18.9 |
| 26.5 |
| 15.3 |
| 14.9 |
| 14.4 |
| 6.7 |
| 6.7 |
| 3.5 |
| 2.9 |
| - |
| - |
| - |
| 0.5 |
| 0.3 |
| 1.7 |
| 1.6 |
| 2.0 |
| 1.8 |
| 1.6 |
| 1.3 |
| 1.5 |
| 1.5 |
| 1.6 |
| 2.1 |
| 1.2 |
| 1.4 |
| 1.4 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (44.2) |
| (50.1) |
| (34.5) |
| (40.2) |
| (60.9) |
| (29.1) |
| (25.0) |
| (24.7) |
| (19.9) |
| (19.3) |
| (18.7) |
| (19.5) |
| (27.3) |
| (16.1) |
| (15.8) |
| (15.3) |
| (6.8) |
| (6.7) |
| (3.3) |
| (2.7) |
| 22.3 |
| (11.1) |
| (8.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (44.2) |
| (50.1) |
| (34.5) |
| (40.2) |
| (60.9) |
| (29.1) |
| (25.0) |
| (24.7) |
| (19.9) |
| (19.3) |
| (18.7) |
| (19.5) |
| (27.3) |
| (16.1) |
| (15.8) |
| (15.3) |
| (6.8) |
| (6.7) |
| (3.3) |
| (2.7) |
| 22.3 |
| (11.1) |
| (8.7) |
| (43.0) |
| (44.2) |
| (50.1) |
| (34.5) |
| (40.2) |
| (60.9) |
| (29.1) |
| (25.0) |
| (24.7) |
| (19.9) |
| (19.3) |
| (18.7) |
| (19.5) |
| (27.3) |
| (16.1) |
| (15.8) |
| (15.3) |
| (6.8) |
| (6.7) |
| (3.3) |
| (2.7) |
| 22.3 |
| (11.1) |
| (8.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (54.4) |
| (43.0) |
| (44.2) |
| (50.1) |
| (34.5) |
| (40.2) |
| (60.9) |
| (29.1) |
| (25.0) |
| (24.7) |
| (19.9) |
| (19.3) |
| (18.7) |
| (19.5) |
| (27.3) |
| (16.1) |
| (15.8) |
| (15.3) |
| (6.8) |
| (6.7) |
| (3.3) |
| (2.7) |
| 22.3 |
| (11.1) |
| (8.7) |
| (0.79) |
| (0.55) |
| (0.65) |
| - |
| (0.53) |
| (0.45) |
| (0.45) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 63.8 |
| 63.1 |
| 61.6 |
| - |
| 55.2 |
| 55.2 |
| 54.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 63.8 |
| 63.1 |
| 61.6 |
| - |
| 55.2 |
| 55.2 |
| 54.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (34.0) |
| (39.2) |
| (59.2) |
| (27.4) |
| (23.6) |
| (24.1) |
| (19.6) |
| (19.2) |
| (18.4) |
| (18.9) |
| (26.5) |
| (15.3) |
| (14.9) |
| (14.4) |
| (6.7) |
| (6.7) |
| (3.5) |
| (2.9) |
| 22.1 |
| (10.7) |
| (8.8) |