| (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 | Q3 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||
| Revenues | 10.3 | 12.7 | 14.2 | 12.4 | 9.2 | 13.3 | 10.5 | 12.4 | 9.8 | 11.1 | 9.1 | 8.6 | 6.2 | 6.5 | 6.8 | 3.7 | ||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | 49.5 | 48.5 | 46.0 | 34.9 | 19.9 | 11.6 | 9.2 | 5.5 | 20.1 | 22.1 | 12.1 |
| Cost of Revenue | - | - | - | - | - | - | 3.5 | 1.7 | 10.0 | 13.8 | 7.0 |
| Gross Profit | - | - | - | - | - | - | 5.7 | 3.8 | 10.1 | 8.3 | 5.2 |
| Operating Expenses | |||||||||||
| Research & Development | 14.1 | 14.6 | 18.8 | 18.3 | 18.6 | 8.3 | 3.2 | 1.4 | 0.1 | - | - |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (27.6) | (28.9) | (54.3) | (42.1) | (85.8) | (31.8) | (11.8) | (7.5) | (5.1) | (4.6) | (0.1) |
| Non-Operating | |||||||||||
| Interest Income | - | - | - | - | - | - | 0.1 | 0.0 | - | - | - |
| Interest Expense | 2.2 | 2.3 | 2.6 | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | (1.0) | (3.8) | 0.0 | 0.0 | 0.0 | (0.3) | (0.2) |
| Net Income From Continuing Ops | (29.9) | (31.5) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (0.22) | (0.26) | (0.71) | (0.72) | (1.67) | (0.66) | - | - | (0.44) | (0.51) | (0.01) |
| EPS Diluted | - | - | - | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | (21.4) | (22.6) | (44.8) | (34.2) | (79.4) | (28.7) | (9.9) | (5.7) | (4.1) | (4.5) | (0.0) |
| EBIT | (27.6) | (28.9) | (54.3) | ||||||||
| 3.0 |
| 0.5 |
| 2.6 |
| 4.3 |
| 4.2 |
| 2.8 |
| 2.1 |
| 2.7 |
| 1.6 |
| 1.5 |
| 1.5 |
| 1.4 |
| 1.0 |
| (9.4) |
| 5.9 |
| 12.3 |
| 11.2 |
| 10.8 |
| 4.4 |
| 3.5 |
| 3.5 |
| 2.4 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.4 | 2.0 | 0.8 | 1.0 | 1.3 | 0.5 | 0.5 | 0.4 | 0.3 | 0.5 | (10.0) | 3.0 | 8.9 | 8.1 | 7.6 | 2.5 | 1.9 | 1.9 | 1.3 |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.8 | 2.3 | 2.1 | 1.1 | 1.4 | 1.1 | 1.0 | 1.1 | 1.1 | 0.5 | 0.6 | 2.9 | 3.5 | 3.1 | 3.1 | 2.0 | 1.6 | 1.6 | 1.1 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||
| Research & Development | 3.5 | 3.3 | 3.7 | 3.7 | 4.0 | 4.0 | 4.7 | 5.0 | 5.0 | 4.3 | 4.3 | 4.8 | 5.0 | 4.9 | 4.9 | 4.7 | 4.1 | 3.6 | 2.0 | 1.5 | 1.2 | 1.0 | 0.8 | 0.8 | 0.5 | 0.7 | 0.5 | 0.3 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Selling & Marketing | 0.9 | 1.3 | 1.5 | 1.7 | 1.8 | 1.7 | 1.7 | 2.0 | 2.4 | 1.9 | 1.5 | 2.1 | 1.9 | 1.9 | 2.4 | 2.6 | 1.4 | |||||||||||||||||||||
| General & Administrative | 8.3 | 4.7 | 6.3 | 6.9 | 7.3 | 7.0 | 8.6 | 7.4 | 7.7 | 7.1 | 6.9 | 5.9 | 7.2 | 4.3 | 6.8 | 8.3 | 7.3 | |||||||||||||||||||||
| Depreciation & Amortization | 1.5 | 1.6 | 1.5 | 1.6 | 1.6 | 2.4 | 2.4 | 2.3 | 2.3 | 2.0 | 2.0 | 2.0 | 2.0 | 1.7 | 1.9 | 1.5 | ||||||||||||||||||||||
| Amortization of Intangibles | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 1.2 | 1.2 | 1.2 | 1.2 | 1.0 | 1.0 | 1.0 | 1.0 | 1.1 | 1.0 | 1.0 | 1.0 | |||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Total Operating Expenses | 14.2 | 14.6 | 13.0 | 13.8 | 14.6 | 25.4 | 17.5 | 16.7 | 17.4 | 15.2 | 14.6 | 14.7 | 16.0 | 12.8 | 50.8 | 17.1 | ||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Income | (8.8) | (7.0) | (4.0) | (7.7) | (10.1) | (18.5) | (12.9) | (10.1) | (12.9) | (9.3) | (9.8) | (10.3) | (12.7) | (9.8) | (47.7) | (15.7) | (12.7) | (12.2) | (9.7) | (4.7) | (5.3) | (3.1) | (3.4) | (2.8) | (2.6) | (2.2) | (2.5) | (1.6) | (1.2) | (1.8) | (0.3) | (0.9) | (2.2) | (2.0) | (1.0) | (0.8) | (0.8) | (0.1) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.5 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 1.1 | 1.0 | 0.9 | 0.9 | 0.8 | (0.0) | 0.0 | 0.0 | 0.0 | (0.0) | ||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | ||||||||||||||||||||||
| Other Non-Operating Income | (0.5) | (0.7) | (0.2) | (0.9) | (0.7) | (1.8) | 0.2 | 0.3 | (5.7) | (1.9) | (0.8) | (0.8) | 0.0 | 2.5 | (1.4) | 0.3 | 0.0 | |||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | (11.3) | (10.6) | (11.1) | (12.7) | (7.3) | (49.1) | (15.4) | (12.7) | |||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 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) | (1.0) | 0.0 | 0.0 | (3.8) | 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 | 0.6 | (0.2) | (0.3) | (0.3) | (0.0) |
| Net Income From Continuing Ops | (9.4) | (7.8) | (4.1) | (8.7) | (10.9) | (20.4) | (12.6) | (9.8) | (18.6) | (11.3) | (10.6) | (11.1) | (12.7) | (7.3) | (48.1) | (15.4) | (12.7) | |||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Net Income | (9.4) | (7.8) | (4.1) | (8.7) | (10.9) | (20.4) | (12.6) | (9.8) | (18.6) | (11.3) | (10.6) | (11.1) | (12.7) | (7.2) | (48.0) | (15.3) | (12.6) | |||||||||||||||||||||
| Net Income Attributable To Parent | (9.4) | (7.8) | (4.1) | (8.7) | (10.9) | (20.4) | (12.6) | (9.8) | (18.6) | (11.3) | (10.6) | (11.1) | (12.7) | (7.2) | (48.0) | (15.3) | ||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | |||||||||||||||||||||
| Net Income To Common Shareholders | (9.4) | (7.8) | (4.1) | (8.7) | (10.9) | (20.4) | (12.6) | (9.8) | (18.6) | (11.3) | (10.6) | (11.1) | (12.7) | (6.8) | (48.1) | |||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.07) | - | (0.03) | (0.07) | (0.10) | - | (0.14) | (0.12) | (0.24) | - | (0.16) | (0.18) | (0.23) | - | (0.90) | (0.33) | (0.29) | - | (0.23) | (0.12) | (0.15) | - | - | - | - | - | - | - | (0.17) | - | (0.05) | (0.07) | (0.17) | - | (0.09) | (0.11) | (0.12) | (0.01) |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Shares Basic | 136.6 | - | 125.6 | 117.4 | 106.8 | - | 89.3 | 84.9 | 78.9 | - | 66.7 | 61.8 | 54.7 | - | 53.5 | 47.2 | 44.1 | - | ||||||||||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||
| EBITDA | (7.4) | (5.4) | (2.4) | (6.2) | (8.6) | (16.1) | (10.5) | (7.7) | (10.6) | (7.4) | (7.8) | (8.3) | (10.7) | (8.0) | (45.8) | (14.2) | (11.3) | (11.3) | (8.7) | (4.1) | (4.7) | - | (2.9) | - | (2.5) | - | - | - | (1.1) | (1.0) | (0.2) | (0.8) | (2.1) | (2.3) | (0.6) | (0.8) | (0.8) | (0.1) |
| EBIT | (8.8) | (7.0) | (4.0) | (7.7) | (10.1) | (18.5) | (12.9) | (10.1) | (12.9) | (9.3) | (9.8) | (10.3) | (12.7) | (9.8) | (47.7) | (15.7) | (12.7) | (12.2) | (9.7) | |||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| 18.8 |
| 13.0 |
| 5.3 |
| Selling & Marketing | 5.3 | 6.2 | 7.9 | 7.3 | 8.3 | 4.5 | 2.1 | 1.6 | 1.8 | - | - |
| General & Administrative | 26.2 | 25.2 | 30.7 | 27.0 | 26.6 | 23.0 | 10.3 | 8.3 | 13.3 | - | - |
| Depreciation & Amortization | 6.2 | 6.3 | 9.5 | 7.9 | 6.4 | 3.1 | 2.0 | 1.9 | 1.0 | 0.1 | 0.1 |
| Amortization of Intangibles | 1.2 | 1.2 | 4.7 | 4.1 | 4.1 | 2.5 | 1.4 | 1.0 | 0.7 | 0.5 | 0.0 |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 55.6 | 56.0 | 77.0 | 60.6 | 94.8 | 38.9 | 17.6 | 11.4 | 15.2 | - | - |
| 3.6 |
| 0.0 |
| 0.0 |
| 2.5 |
| 3.9 |
| 0.5 |
| 0.2 |
| 0.2 |
| Income From Equity Investments | - | - | - | - | 0.0 | (0.2) | 0.0 | - | - | - | - |
| Other Non-Operating Income | (2.3) | (2.5) | (7.0) | (3.5) | 1.3 | 0.8 | (2.1) | (4.8) | (0.6) | (0.7) | (0.2) |
| Pre-Tax Income | - | (31.4) | (61.4) | (45.7) | (84.4) | (31.1) | (13.9) | (12.4) | (5.7) | (5.3) | (0.3) |
| (61.4) |
| (45.7) |
| (83.5) |
| (27.4) |
| (14.0) |
| (12.4) |
| (5.7) |
| (5.0) |
| (0.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | (0.2) | (3.5) | 0.0 | - | - |
| Net Income | (29.9) | (31.5) | (61.4) | (45.7) | (83.1) | (26.8) | (14.2) | (15.9) | (5.7) | (5.0) | (0.0) |
| Net Income Attributable To Parent | (29.9) | (31.5) | (61.4) | (45.7) | (83.1) | (26.8) | (14.2) | (15.9) | (5.7) | (5.0) | (0.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | 0.0 | 0.1 | 0.5 | 0.5 | 0.5 | 0.4 | 0.0 |
| Net Income To Common Shareholders | (29.9) | (31.5) | (61.4) | (45.7) | (83.1) | (26.9) | (15.5) | (17.1) | (6.8) | (6.0) | (0.0) |
| - |
| - |
| - |
| - |
| - |
| (0.44) |
| (0.51) |
| (0.01) |
| Shares Basic | 136.6 | 119.7 | 86.7 | 63.2 | 49.8 | 41.2 | - | - | 15.4 | 11.8 | 7.7 |
| Shares Diluted | - | - | - | - | - | - | - | - | 15.4 | 11.8 | 7.7 |
| (42.1) |
| (85.8) |
| (31.8) |
| (11.8) |
| (7.5) |
| (5.1) |
| (4.6) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.6 |
| 5.1 |
| 4.2 |
| 4.3 |
| 5.3 |
| 5.1 |
| 3.0 |
| 2.5 |
| 2.5 |
| 1.2 |
| 1.4 |
| 1.1 |
| 1.0 |
| 0.9 |
| 0.8 |
| 0.6 |
| 0.4 |
| 0.4 |
| 0.6 |
| 0.6 |
| 0.3 |
| 0.2 |
| - |
| 0.3 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.9 |
| 6.8 |
| 4.5 |
| 4.8 |
| 1.9 |
| 2.7 |
| 2.9 |
| 2.8 |
| 2.0 |
| 2.6 |
| 2.1 |
| 1.5 |
| - |
| 3.0 |
| 3.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.4 |
| 0.9 |
| 0.9 |
| 0.6 |
| 0.6 |
| - |
| 0.5 |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| 0.8 |
| 0.1 |
| 0.1 |
| 0.1 |
| (0.3) |
| 0.4 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.9 |
| 0.7 |
| 0.4 |
| 0.4 |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.1 |
| 12.8 |
| 10.9 |
| 7.6 |
| 7.6 |
| 5.2 |
| 4.5 |
| 4.2 |
| 3.7 |
| 3.3 |
| 3.6 |
| 2.8 |
| 1.7 |
| - |
| 3.3 |
| 4.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.2 |
| 1.1 |
| 1.2 |
| 1.2 |
| 1.2 |
| 1.3 |
| 0.2 |
| 0.0 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.1) |
| (0.1) |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.7 |
| 0.0 |
| 0.0 |
| (0.0) |
| (4.5) |
| 0.0 |
| 2.4 |
| 0.0 |
| (2.3) |
| 0.2 |
| (1.4) |
| (1.3) |
| (0.3) |
| (0.2) |
| (0.1) |
| 0.0 |
| (0.6) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (11.4) |
| (9.6) |
| (4.7) |
| (5.3) |
| (3.1) |
| (6.7) |
| (0.4) |
| (3.8) |
| (3.4) |
| (3.5) |
| (3.0) |
| (2.5) |
| (2.0) |
| (0.5) |
| (0.9) |
| (2.2) |
| (2.6) |
| (1.0) |
| (0.9) |
| (0.9) |
| (0.1) |
| (7.6) |
| (9.6) |
| (4.8) |
| (5.4) |
| (3.1) |
| (6.7) |
| (0.4) |
| (3.8) |
| (3.4) |
| (3.5) |
| (3.0) |
| (2.5) |
| (2.1) |
| (0.5) |
| (0.9) |
| (2.2) |
| (3.2) |
| (0.8) |
| (0.5) |
| (0.5) |
| (0.1) |
| - |
| 0.0 |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.0) |
| (0.2) |
| (0.0) |
| (1.1) |
| (0.1) |
| (1.9) |
| (0.4) |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.0) |
| (9.6) |
| (4.8) |
| (5.4) |
| (3.1) |
| (6.7) |
| (0.6) |
| (3.8) |
| (4.5) |
| (3.6) |
| (4.9) |
| (2.9) |
| (2.1) |
| (0.5) |
| (0.9) |
| (2.2) |
| (3.2) |
| (0.8) |
| (0.5) |
| (0.5) |
| (0.1) |
| (12.6) |
| (7.0) |
| (9.6) |
| (4.8) |
| (5.4) |
| (3.1) |
| (6.7) |
| (0.6) |
| (3.8) |
| (4.5) |
| (3.6) |
| (4.9) |
| (2.9) |
| (2.1) |
| (0.5) |
| (0.9) |
| (2.2) |
| (3.2) |
| (0.8) |
| (0.5) |
| (0.5) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 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 |
| - |
| - |
| - |
| - |
| - |
| (15.6) |
| (12.6) |
| (7.0) |
| (9.6) |
| (4.8) |
| (5.6) |
| (3.4) |
| (7.0) |
| (0.9) |
| (4.1) |
| (4.8) |
| (3.9) |
| (5.2) |
| (3.2) |
| (2.4) |
| (0.8) |
| (1.2) |
| (2.5) |
| (3.7) |
| (1.0) |
| (0.6) |
| (0.6) |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.17) |
| - |
| (0.05) |
| (0.07) |
| (0.17) |
| - |
| (0.09) |
| (0.11) |
| (0.12) |
| (0.01) |
| 41.9 |
| 41.0 |
| 35.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.8 |
| - |
| 14.5 |
| 14.5 |
| 14.5 |
| - |
| 11.8 |
| 5.5 |
| 5.1 |
| 9.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.8 |
| - |
| 14.5 |
| 14.5 |
| 14.5 |
| - |
| 11.8 |
| 5.5 |
| 5.1 |
| 9.7 |
| (4.7) |
| (5.3) |
| (3.1) |
| (3.4) |
| (2.8) |
| (2.6) |
| (2.2) |
| (2.5) |
| (1.6) |
| (1.2) |
| (1.8) |
| (0.3) |
| (0.9) |
| (2.2) |
| (2.0) |
| (1.0) |
| (0.8) |
| (0.8) |
| (0.1) |