| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||
| Revenues | 4.4 | 1.9 | 1.9 | 1.8 | 1.5 | 2.3 | 2.4 | 3.1 | 3.1 | 3.4 | 3.1 | 3.3 | 2.2 | 6.1 | 2.8 | 2.1 | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | 10.0 | 7.1 | 10.8 | 12.0 | 13.1 | - |
| Cost of Revenue | 7.0 | 5.0 | 5.1 | 2.8 | 2.9 | - |
| Gross Profit | 3.0 | 2.1 | 5.7 | 9.2 | 10.2 | - |
| Operating Expenses | ||||||
| Research & Development | 65.8 | 61.3 | 49.8 | 52.8 | 60.0 | - |
| Selling General & Administrative | - | - | - | - | - | - |
| Operating Income | ||||||
| Operating Income | (89.0) | (84.7) | (68.5) | (72.3) | (109.1) | (4.9) |
| Non-Operating | ||||||
| Interest Income | 19.8 | 16.6 | 5.1 | 5.1 | 2.4 | - |
| Interest Expense | - | 0.0 | 3.3 | 5.8 | 5.3 | - |
| Income From Equity Investments | ||||||
| Tax & Net | ||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (225.7) | (216.2) | (201.0) | (75.1) | (71.5) | (23.2) |
| Net Income From Discontinued Ops | ||||||
| Per Share | ||||||
| EPS Basic | (0.68) | (0.70) | (1.09) | (0.57) | (0.70) | - |
| EPS Diluted | (0.67) | (0.70) | (1.09) | (0.57) | (0.70) | - |
| Shares Basic | ||||||
| Supplementary Data | ||||||
| EBITDA | - | (76.6) | (61.6) | (64.9) | (102.1) | - |
| EBIT | (89.0) | (84.7) | (68.5) | (72.3) | (109.1) | (4.9) |
| 2.1 |
| - |
| 2.9 |
| 1.5 |
| 2.4 |
| Cost of Revenue | 3.0 | 1.2 | 1.5 | 1.2 | 1.0 | 1.3 | 1.2 | 1.1 | 1.6 | 0.9 | 0.8 | 0.6 | 0.5 | 0.8 | 0.8 | 0.9 | 0.4 | - | 0.4 | 0.4 | 0.3 |
| Gross Profit | 1.4 | 0.7 | 0.4 | 0.6 | 0.4 | 1.0 | 1.2 | 2.0 | 1.5 | 2.5 | 2.3 | 2.7 | 1.7 | 5.3 | 2.0 | 1.3 | 1.7 | - | 2.5 | 1.2 | 2.1 |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 20.0 | 17.3 | 15.0 | 13.5 | 15.5 | 13.7 | 12.8 | 11.9 | 11.5 | 12.8 | 13.1 | 13.2 | 13.7 | 15.9 | 17.4 | 12.7 | 13.9 | - | 7.5 | 7.5 | 6.9 |
| Selling General & Administrative | 7.4 | - | 5.9 | - | 6.6 | - | 5.8 | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | 0.5 | 1.4 | 2.0 | 1.5 | 1.5 | ||||
| General & Administrative | - | - | - | 6.9 | 6.6 | 5.8 | 5.8 | 6.2 | 6.6 | 6.9 | 6.0 | 5.7 | 9.0 | 12.2 | 16.0 | 14.3 | 11.6 | ||||
| Depreciation & Amortization | 2.6 | - | - | - | 1.8 | - | - | - | 1.8 | - | - | - | 2.1 | - | - | - | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 27.3 | 23.2 | 21.0 | 20.4 | 22.1 | 19.5 | 18.6 | 18.1 | 18.1 | 19.7 | 19.1 | 19.0 | 23.7 | 32.0 | 33.4 | 27.0 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (26.0) | (22.6) | (20.5) | (19.9) | (21.6) | (18.5) | (17.3) | (16.1) | (16.6) | (17.2) | (16.8) | (16.2) | (22.0) | (26.7) | (31.3) | (25.8) | (25.3) | 21.6 | (9.2) | (9.7) | (7.7) |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 5.4 | 5.8 | 5.6 | 3.0 | 2.2 | 1.5 | 1.2 | 1.2 | 1.1 | 1.3 | 1.3 | 1.2 | 1.3 | 1.4 | 1.0 | 0.0 | 0.0 | - | 0.0 | - | - |
| Interest Expense | - | - | - | - | - | 0.4 | 0.7 | 1.0 | 1.1 | 1.3 | 1.5 | 1.6 | 1.5 | 1.6 | 1.4 | 1.0 | 1.2 | - | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | 59.1 | 4.4 | (180.4) | (19.8) | 64.3 | (134.5) | 2.5 | 3.7 | (4.2) | 4.6 | (5.4) | (0.7) | (1.3) | 3.9 | 12.6 | 13.5 | 7.6 | ||||
| Pre-Tax Income | 33.1 | (18.2) | (201.0) | (39.7) | 42.6 | (153.0) | (14.8) | (12.4) | (20.8) | (12.6) | (22.2) | (17.0) | (23.4) | (22.9) | (18.8) | (12.3) | |||||
| 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 | - | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 33.1 | (18.2) | (201.0) | (39.7) | 42.6 | (153.0) | (14.8) | (12.4) | (20.8) | (12.6) | (22.2) | (17.0) | (23.4) | (22.9) | (18.8) | (12.3) | (17.6) | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | 33.1 | (18.2) | (201.0) | (39.7) | 42.6 | (153.0) | (14.8) | (12.4) | (20.8) | (12.6) | (22.2) | (17.0) | (23.4) | (22.9) | (18.8) | (12.3) | (17.6) | ||||
| Net Income Attributable To Parent | 33.1 | (18.2) | (201.0) | (39.7) | 42.6 | (153.0) | (14.8) | (12.4) | (20.8) | (12.6) | (22.2) | (17.0) | (23.4) | (22.9) | (18.8) | (12.3) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | 33.1 | (18.2) | (201.0) | (39.7) | 42.6 | (153.0) | (14.8) | (12.4) | (20.8) | (12.6) | (22.2) | (17.0) | (23.4) | (22.9) | (18.8) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | 0.10 | - | (0.62) | (0.13) | 0.15 | - | (0.08) | (0.07) | (0.14) | - | (0.17) | (0.13) | (0.19) | - | (0.16) | (0.11) | (0.33) | - | (0.43) | (0.46) | (0.36) |
| EPS Diluted | (0.06) | - | (0.62) | (0.13) | 0.13 | - | (0.08) | (0.07) | (0.14) | - | (0.17) | (0.13) | (0.19) | - | (0.16) | (0.11) | (0.33) | - | |||
| Shares Basic | 332.1 | - | 325.0 | 298.3 | 284.7 | - | 188.4 | 171.9 | 151.9 | - | 133.9 | 128.5 | 124.8 | - | 118.6 | 0.1 | 0.1 | - | |||
| Shares Diluted | 335.4 | - | 325.0 | 298.3 | 301.6 | - | 188.4 | 171.9 | 151.9 | - | 133.9 | 128.5 | 124.8 | - | 118.6 | 0.1 | 0.1 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (23.3) | - | - | - | (19.8) | - | - | - | (14.8) | - | - | - | (19.9) | - | - | - | (23.9) | - | - | - | (6.5) |
| EBIT | (26.0) | (22.6) | (20.5) | (19.9) | (21.6) | (18.5) | (17.3) | (16.1) | (16.6) | (17.2) | (16.8) | (16.2) | (22.0) | (26.7) | (31.3) | (25.8) | (25.3) | 21.6 | (9.2) | ||
| Selling & Marketing | - | - | - | - | 6.3 | - |
| General & Administrative | - | 25.4 | 24.5 | 27.7 | 54.0 | 4.9 |
| Depreciation & Amortization | - | 8.1 | 6.9 | 7.4 | 7.0 | - |
| Amortization of Intangibles | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - |
| Total Operating Expenses | 92.0 | 86.7 | 74.2 | 81.5 | 119.3 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| Other Non-Operating Income | (136.7) | (131.6) | (132.5) | (2.8) | 37.6 | - |
| Pre-Tax Income | (225.7) | (216.2) | (201.0) | (75.1) | (71.5) | - |
| - |
| - |
| - |
| - |
| - |
| - |
| Net Income | (225.7) | (216.2) | (201.0) | (75.1) | (71.5) | (23.2) |
| Net Income Attributable To Parent | (225.7) | (216.2) | (201.0) | (75.1) | (71.5) | (23.2) |
| Less: Minority Interest | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - |
| Net Income To Common Shareholders | (225.7) | (216.2) | (201.0) | (75.1) | (71.5) | (23.2) |
| 332.1 |
| 309.8 |
| 184.7 |
| 132.0 |
| 102.3 |
| - |
| Shares Diluted | 335.4 | 309.8 | 184.7 | 132.0 | 102.3 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.8 |
| 0.6 |
| 0.3 |
| (3.7) |
| 3.4 |
| 2.7 |
| 2.5 |
| 1.4 |
| - |
| - |
| - |
| 1.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.0 |
| - |
| 11.6 |
| 10.9 |
| 9.8 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.6) |
| (0.4) |
| (0.1) |
| (17.6) |
| - |
| (9.8) |
| (10.1) |
| (7.8) |
| 4.4 |
| (9.8) |
| (10.1) |
| (7.8) |
| - |
| - |
| - |
| - |
| 4.4 |
| (9.8) |
| (10.1) |
| (7.8) |
| (17.6) |
| 4.4 |
| (9.8) |
| (10.1) |
| (7.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.3) |
| (17.6) |
| 4.4 |
| (9.8) |
| (10.1) |
| (7.8) |
| (0.43) |
| (0.46) |
| (0.36) |
| 22.6 |
| 22.0 |
| 21.8 |
| 22.6 |
| 22.0 |
| 21.8 |
| (9.7) |
| (7.7) |