| (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 | Q3 FY 20 | Q2 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | 0.3 | 0.3 | 0.0 | - | 0.0 | 0.0 | - | - | - | - | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 0.9 | 0.9 | 0.6 | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 16.7 | 19.6 | 41.5 | 53.5 | 40.7 | 26.9 | 17.6 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (32.1) | (33.1) | (60.5) | (78.9) | (67.9) | (45.6) | (25.3) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | 0.0 | 0.0 | 0.0 |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) |
| Net Income From Continuing Ops | (7.8) | (9.0) | (57.8) | (74.6) | (66.7) | (47.0) | |
| Per Share | |||||||
| EPS Basic | (1.37) | (1.59) | (10.61) | (1.84) | (2.09) | (1.84) | - |
| EPS Diluted | (1.37) | (1.59) | (10.61) | (1.84) | (2.09) | (1.84) | - |
| Supplementary Data | |||||||
| EBITDA | - | (33.0) | (60.4) | (78.8) | (67.7) | (45.5) | (25.2) |
| EBIT | (32.1) | (33.1) | (60.5) | (78.9) | (67.9) | (45.6) | (25.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 2.9 | 3.7 | 4.1 | 6.1 | 5.7 | 7.4 | 8.2 | 12.9 | 12.9 | 15.9 | 13.3 | 13.1 | 11.2 | 10.8 | 12.1 | 10.1 | 7.6 | 6.1 | 5.0 | 6.8 | 9.0 | 5.1 | 3.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| General & Administrative | 6.1 | 3.0 | 3.0 | 4.2 | 4.2 | 4.3 | 4.1 | 4.4 | 6.9 | 5.2 | 6.1 | 7.0 | 7.2 | 6.3 | 6.8 | 7.5 | 6.7 | ||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 8.9 | 6.6 | 7.1 | 10.3 | 9.9 | 11.6 | 12.4 | 17.3 | 19.8 | 21.1 | 19.4 | 20.1 | 18.4 | 17.1 | 18.9 | 17.6 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (8.7) | (6.4) | (6.9) | (10.1) | (9.7) | (11.6) | (12.1) | (17.0) | (19.8) | (21.1) | (19.4) | (20.1) | (18.4) | (17.1) | (18.9) | (17.6) | (14.3) | (12.3) | (10.0) | (10.5) | (12.8) | (6.7) | (4.7) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |||||
| Income From Equity Investments | 0.0 | 0.0 | 0.0 | (0.3) | (0.6) | (0.4) | (0.6) | (0.5) | (0.7) | (0.6) | (0.6) | (0.2) | (0.6) | (0.2) | (0.1) | (0.3) | |||||||
| Other Non-Operating Income | 0.5 | 0.6 | 22.9 | 0.6 | 0.8 | 1.0 | 1.2 | 1.3 | 1.4 | 1.5 | 1.6 | 1.7 | 1.6 | 1.1 | 0.6 | 0.4 | 0.2 | ||||||
| Pre-Tax Income | (8.3) | (6.7) | 16.0 | (9.4) | (8.9) | (10.6) | (10.8) | (15.7) | (18.3) | (19.6) | (17.7) | (18.4) | (16.8) | (16.0) | (18.2) | (17.2) | |||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | 0.0 | 0.0 |
| Net Income From Continuing Ops | (8.3) | (5.9) | 16.0 | (9.7) | (9.4) | (11.0) | (11.5) | (16.2) | (19.0) | (20.2) | (18.4) | (18.6) | (17.3) | (16.2) | (18.4) | (17.6) | (14.5) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (8.3) | (5.9) | 16.0 | (9.7) | (9.4) | (11.0) | (11.5) | (16.2) | (19.0) | (20.2) | (18.4) | (18.6) | (17.3) | (16.2) | (18.4) | (17.6) | (14.5) | ||||||
| Net Income Attributable To Parent | (8.3) | (5.9) | 16.0 | (9.7) | (9.4) | (11.0) | (11.5) | (16.2) | (19.0) | (20.2) | (18.4) | (18.6) | (17.3) | (16.2) | (18.4) | (17.6) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (8.3) | (5.9) | 16.0 | (9.7) | (9.4) | (11.0) | (11.5) | (16.2) | (19.0) | (20.2) | (18.4) | (18.6) | (17.3) | (16.2) | (18.4) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (1.46) | - | 0.36 | (0.22) | (1.69) | - | (0.26) | (0.37) | (0.47) | - | (0.45) | (0.46) | (0.43) | - | (0.60) | (0.57) | (0.48) | - | (0.37) | (0.49) | - | - | - |
| EPS Diluted | (1.46) | - | 0.36 | (0.22) | (1.69) | - | (0.26) | (0.37) | (0.47) | - | (0.45) | (0.46) | (0.43) | - | (0.60) | (0.57) | (0.48) | - | |||||
| Shares Basic | 5.7 | - | 45.1 | 44.8 | 5.6 | - | 44.6 | 44.1 | 40.8 | - | 40.5 | 40.4 | 40.2 | - | 30.8 | 30.6 | 30.3 | - | |||||
| Shares Diluted | 5.7 | - | 45.1 | 44.8 | 5.6 | - | 44.6 | 44.1 | 40.8 | - | 40.5 | 40.4 | 40.2 | - | 30.8 | 30.6 | 30.3 | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (8.7) | - | - | - | (9.6) | - | - | - | (19.8) | - | - | - | (18.3) | - | - | - | (14.3) | - | - | - | (12.8) | - | - |
| EBIT | (8.7) | (6.4) | (6.9) | (10.1) | (9.7) | (11.6) | (12.1) | (17.0) | (19.8) | (21.1) | (19.4) | (20.1) | (18.4) | (17.1) | (18.9) | (17.6) | (14.3) | (12.3) | (10.0) | ||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 16.2 | 14.3 | 19.6 | 25.4 | 27.2 | 18.7 | 7.7 |
| Depreciation & Amortization | - | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 33.0 | 33.9 | 61.1 | 78.9 | 67.9 | 45.6 | 25.3 |
| Income From Equity Investments | (0.3) | (0.9) | (2.2) | (2.0) | (1.1) | (1.5) | (1.5) |
| Other Non-Operating Income | 24.6 | 25.0 | 5.0 | 6.4 | 2.3 | 0.1 | 0.4 |
| Pre-Tax Income | (8.4) | (9.0) | (55.5) | (72.5) | (65.6) | (45.5) | (24.9) |
| (26.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (7.8) | (9.0) | (57.8) | (74.6) | (66.7) | (47.0) | (26.4) |
| Net Income Attributable To Parent | (7.8) | (9.0) | (57.8) | (74.6) | (66.7) | (47.0) | (26.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (7.8) | (9.0) | (57.8) | (74.6) | (66.7) | (47.0) | (26.4) |
| Shares Basic | 5.7 | 5.6 | 5.4 | 40.4 | 31.8 | 25.5 | - |
| Shares Diluted | 5.7 | 5.6 | 5.4 | 40.4 | 31.8 | 25.5 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.2 |
| 5.0 |
| 3.7 |
| 3.8 |
| 1.6 |
| 1.6 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 14.3 |
| 12.3 |
| 10.0 |
| 10.5 |
| 12.8 |
| 6.7 |
| 4.7 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.4) |
| (0.2) |
| (0.3) |
| (0.5) |
| (0.5) |
| (0.5) |
| (0.3) |
| 0.1 |
| 0.1 |
| (0.1) |
| 0.0 |
| 0.1 |
| 0.1 |
| (14.1) |
| (12.2) |
| (9.9) |
| (10.7) |
| (12.8) |
| (6.6) |
| (4.6) |
| (12.4) |
| (10.2) |
| (11.1) |
| (13.3) |
| (7.2) |
| (4.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.4) |
| (10.2) |
| (11.1) |
| (13.3) |
| (7.2) |
| (4.9) |
| (14.5) |
| (12.4) |
| (10.2) |
| (11.1) |
| (13.3) |
| (7.2) |
| (4.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| 0.0 |
| (17.6) |
| (14.5) |
| (12.4) |
| (10.2) |
| (11.1) |
| (13.3) |
| (7.2) |
| (4.9) |
| (0.37) |
| (0.49) |
| - |
| - |
| - |
| 27.5 |
| 22.6 |
| - |
| - |
| - |
| 27.5 |
| 22.6 |
| - |
| - |
| - |
| (10.5) |
| (12.8) |
| (6.7) |
| (4.7) |