| (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 | 0.1 | 0.9 | 0.5 | 0.3 | 1.1 | (0.8) | 0.4 | 33.4 | 5.8 | 8.3 | 6.6 | 5.2 | 5.9 | 16.8 | 20.7 | 39.3 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||
| Revenues | 1.8 | 2.8 | 38.9 | 26.0 | 110.8 | 85.1 | 16.6 | 6.7 | 0.9 | 0.2 | 8.1 | 6.0 | 3.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||
| Research & Development | 62.8 | 58.0 | 45.1 | 71.3 | 72.4 | 68.7 | 54.5 | 42.7 | 47.7 | 45.2 | 29.7 | 23.0 | 10.5 |
| Selling General & Administrative | |||||||||||||
| Operating Income | |||||||||||||
| Operating Income | (148.0) | (143.4) | (43.9) | (86.4) | 14.5 | (4.6) | (56.8) | (52.5) | (65.0) | (63.8) | (34.7) | (25.3) | (15.4) |
| Non-Operating | |||||||||||||
| Interest Income | - | 6.6 | 7.4 | 5.0 | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | ||||||||||||
| Tax & Net | |||||||||||||
| Income Tax Expense | - | (9.2) | 0.3 | (19.0) | (0.6) | 16.0 | 0.0 | 0.0 | - | - | - | - | - |
| Net Income From Continuing Ops | |||||||||||||
| Per Share | |||||||||||||
| EPS Basic | (5.65) | (5.02) | (4.48) | (49.76) | 0.24 | (0.22) | (0.68) | (1.22) | - | - | - | - | - |
| EPS Diluted | (5.65) | ||||||||||||
| Supplementary Data | |||||||||||||
| EBITDA | (145.6) | (141.0) | (42.7) | (85.7) | 15.2 | (4.0) | (56.2) | (51.8) | (64.0) | (63.0) | (33.9) | (24.3) | (14.5) |
| EBIT | (148.0) | ||||||||||||
| 34.0 |
| 29.9 |
| 24.4 |
| 19.7 |
| 11.1 |
| 12.0 |
| 4.6 |
| 0.0 |
| 0.0 |
| 6.7 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.9 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 2.9 |
| 1.0 |
| 2.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 19.5 | 14.7 | 13.8 | 14.9 | 14.7 | 11.3 | 11.4 | 12.7 | 9.7 | 21.9 | 13.0 | 17.8 | 18.6 | 19.0 | 16.5 | 19.2 | 17.7 | 20.3 | 21.0 | 14.5 | 13.0 | 15.1 | 14.0 | 10.7 | 14.7 | 15.2 | 8.1 | 12.1 | 7.4 | 10.3 | 11.9 | 14.4 | 11.1 | 13.6 | 9.5 | 11.0 | 11.0 | 11.0 | 6.0 | 6.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 7.1 | 8.2 | 7.7 | 7.2 | 8.3 | 7.1 | 6.6 | 7.0 | 9.5 | 22.0 | 6.6 | 6.1 | 5.7 | 6.3 | 5.8 | 6.2 | 5.5 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.5 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 26.6 | 79.6 | 21.5 | 22.1 | 23.0 | 26.0 | 18.0 | 19.7 | 19.2 | 44.6 | 19.6 | 23.9 | 24.3 | 25.3 | 22.3 | 25.4 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (26.5) | (78.6) | (21.1) | (21.8) | (21.9) | (26.7) | (17.6) | 13.8 | (13.3) | (36.3) | (13.1) | (18.6) | (18.4) | (8.5) | (1.6) | 13.9 | 10.8 | 4.1 | (2.0) | 0.5 | (7.2) | (7.9) | (13.7) | (16.4) | (18.8) | (12.6) | (11.8) | (16.2) | (11.9) | (14.5) | (15.9) | (18.8) | (15.8) | (19.3) | (13.9) | (15.9) | (14.8) | (13.9) | (7.5) | (6.4) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 1.0 | - | - | - | 2.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.3 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.7 | 0.7 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | (12.7) | (0.3) | 0.0 | (0.0) | 4.2 | (34.3) | 0.3 | 0.3 | 0.5 | (0.1) | 0.3 | 0.2 | 0.3 | 0.2 | 0.0 | 0.0 | 0.2 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | (9.0) | - | - | - | (8.2) | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (0.3) | - | - | - | 15.8 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (39.2) | (92.6) | (35.9) | 15.9 | (17.7) | (10.3) | (24.2) | 13.8 | (56.8) | (177.7) | (9.0) | (11.4) | (21.7) | 5.9 | (7.9) | 8.6 | 28.8 | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (39.2) | (92.6) | (35.9) | 15.9 | (17.7) | (10.3) | (24.2) | 13.8 | (56.8) | (177.7) | (9.0) | (11.4) | (21.7) | 5.9 | (7.9) | 8.6 | 28.8 | |||||||||||||||||||||||
| Net Income Attributable To Parent | (39.2) | (92.6) | (35.9) | 15.9 | (17.7) | (10.3) | (24.2) | 13.8 | (56.8) | (177.7) | (9.0) | (11.4) | (21.7) | 5.9 | (7.9) | 8.6 | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 18.5 | |||||||||||||||||||||||
| Net Income To Common Shareholders | (39.2) | (89.9) | (35.9) | 13.3 | (17.7) | (6.0) | (24.2) | 9.6 | (56.8) | (215.2) | (9.0) | (11.4) | (21.7) | 24.4 | (7.9) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (1.46) | - | (1.38) | 0.51 | (0.68) | - | (1.13) | 0.58 | (10.50) | - | (1.74) | (2.23) | (4.24) | - | (0.05) | 0.06 | 0.23 | - | (0.16) | 0.04 | (0.22) | - | (0.09) | (0.25) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (1.46) | - | (1.38) | 0.50 | (0.68) | - | (1.13) | 0.54 | (10.50) | - | (1.74) | (2.23) | (4.24) | - | (0.05) | 0.06 | 0.08 | - | ||||||||||||||||||||||
| Shares Basic | 26.9 | - | 26.0 | 26.0 | 25.9 | - | 21.5 | 16.7 | 5.4 | - | 5.2 | 5.1 | 5.1 | - | 152.8 | 148.5 | 124.2 | - | ||||||||||||||||||||||
| Shares Diluted | 26.9 | - | 26.0 | 26.4 | 25.9 | - | 21.5 | 17.8 | 5.4 | - | 5.2 | 5.1 | 5.1 | - | 152.8 | 148.5 | 127.6 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (25.9) | (78.0) | (20.5) | (21.2) | (21.3) | (26.2) | (17.3) | 14.0 | (13.1) | (36.1) | (13.0) | (18.4) | (18.2) | (8.3) | (1.4) | 14.1 | 10.9 | 4.3 | (1.9) | 0.7 | (7.1) | (7.8) | (13.6) | (16.2) | (18.6) | (12.5) | (11.6) | (16.0) | (11.7) | (14.3) | (15.7) | (18.4) | (15.6) | (19.1) | (13.7) | (15.7) | (14.6) | (13.5) | (7.4) | (6.2) |
| EBIT | (26.5) | (78.6) | (21.1) | (21.8) | (21.9) | (26.7) | (17.6) | 13.8 | (13.3) | (36.3) | (13.1) | (18.6) | (18.4) | (8.5) | (1.6) | 13.9 | 10.8 | 4.1 | (2.0) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 30.3 | 31.5 | 30.1 | 40.5 | 23.9 | 20.9 | 18.9 | 16.4 | 18.2 | 18.8 | 13.1 | 8.3 | 8.0 |
| Depreciation & Amortization | 2.4 | 2.4 | 1.2 | 0.7 | 0.7 | 0.6 | 0.6 | 0.7 | 1.0 | 0.8 | 0.8 | 1.0 | 0.9 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 149.8 | 146.2 | 82.8 | 112.4 | 96.2 | 89.7 | 73.4 | 59.1 | 65.9 | 64.0 | 42.8 | 31.3 | 18.4 |
| - |
| 0.0 |
| 2.8 |
| 3.0 |
| 2.8 |
| 1.6 |
| 1.5 |
| 1.5 |
| 1.2 |
| 1.3 |
| 0.9 |
| 0.6 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (13.0) | 3.9 | (33.2) | 0.7 | 0.3 | 0.0 | 0.1 | (1.3) | 0.0 | (0.2) | 0.0 | (0.0) | (0.0) |
| Pre-Tax Income | - | (139.5) | (77.1) | (238.7) | 34.8 | (9.7) | (68.9) | (55.4) | - | - | - | - | - |
| (151.8) |
| (130.3) |
| (77.4) |
| (219.7) |
| 35.4 |
| (25.7) |
| (68.9) |
| (55.4) |
| (65.3) |
| (65.3) |
| (36.2) |
| (25.2) |
| (12.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (151.8) | (130.3) | (77.4) | (219.7) | 35.4 | (25.7) | (68.9) | (55.4) | (65.3) | (65.3) | (36.2) | (25.2) | (12.9) |
| Net Income Attributable To Parent | (151.8) | (130.3) | (77.4) | (219.7) | 35.4 | (25.7) | (68.9) | (55.4) | (65.3) | (65.3) | (36.2) | (25.2) | (12.9) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (151.8) | (130.3) | (77.4) | (257.3) | 35.4 | (25.7) | (68.9) | (55.4) | (65.3) | (65.3) | (40.8) | (32.5) | (16.4) |
| (5.02) |
| (4.49) |
| (49.76) |
| 0.10 |
| (0.22) |
| (0.68) |
| (1.22) |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 26.9 | 26.0 | 17.3 | 5.2 | 144.8 | 114.3 | 101.2 | 45.5 | - | - | - | - | - |
| Shares Diluted | 26.9 | 26.0 | 17.4 | 5.2 | 145.9 | 114.3 | 101.2 | 45.5 | - | - | - | - | - |
| (143.4) |
| (43.9) |
| (86.4) |
| 14.5 |
| (4.6) |
| (56.8) |
| (52.5) |
| (65.0) |
| (63.8) |
| (34.7) |
| (25.3) |
| (15.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.5 |
| 5.4 |
| 4.7 |
| 5.2 |
| 4.8 |
| 4.4 |
| 5.6 |
| 4.1 |
| 4.1 |
| 3.7 |
| 4.1 |
| 4.5 |
| 5.1 |
| 4.1 |
| 4.4 |
| 4.7 |
| 5.7 |
| 4.4 |
| 4.9 |
| 3.9 |
| 5.8 |
| 2.5 |
| 2.4 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.4 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.1 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.2 |
| 25.9 |
| 26.4 |
| 19.2 |
| 18.2 |
| 19.8 |
| 18.4 |
| 16.4 |
| 18.8 |
| 19.2 |
| 11.8 |
| 16.2 |
| 11.9 |
| 15.4 |
| 15.9 |
| 18.8 |
| 15.8 |
| 19.3 |
| 13.9 |
| 15.9 |
| 14.9 |
| 16.8 |
| 8.5 |
| 8.4 |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.7 |
| 0.4 |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.4 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| (0.0) |
| (1.2) |
| (0.0) |
| 0.0 |
| (0.1) |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.1) |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.0 |
| (0.1) |
| - |
| (2.1) |
| - |
| - |
| - |
| (9.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.2 |
| (17.9) |
| 4.6 |
| (24.6) |
| (15.4) |
| (9.7) |
| (24.1) |
| (19.6) |
| (14.9) |
| (12.0) |
| (16.4) |
| (12.1) |
| (14.7) |
| (16.0) |
| (18.8) |
| (15.9) |
| (19.5) |
| (14.7) |
| (16.0) |
| (15.1) |
| (14.1) |
| (7.7) |
| (6.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.2 |
| (17.9) |
| 4.6 |
| (24.6) |
| (15.4) |
| (9.7) |
| (24.1) |
| (19.6) |
| (14.9) |
| (12.0) |
| (16.4) |
| (12.1) |
| (14.7) |
| (16.0) |
| (18.8) |
| (15.9) |
| (19.5) |
| (14.7) |
| (16.0) |
| (15.1) |
| (14.1) |
| (7.7) |
| (6.9) |
| 28.8 |
| 12.2 |
| (17.9) |
| 4.6 |
| (24.6) |
| (15.4) |
| (9.7) |
| (24.1) |
| (19.6) |
| (14.9) |
| (12.0) |
| (16.4) |
| (12.1) |
| (14.7) |
| (16.0) |
| (18.8) |
| (15.9) |
| (19.5) |
| (14.7) |
| (16.0) |
| (15.1) |
| (14.1) |
| (7.7) |
| (6.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 4.8 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.6 |
| 10.3 |
| 17.1 |
| (17.9) |
| (0.3) |
| (24.6) |
| (15.4) |
| (9.7) |
| (24.1) |
| (19.6) |
| (14.9) |
| (12.0) |
| (16.4) |
| (12.1) |
| (14.7) |
| (16.0) |
| (18.8) |
| (15.9) |
| (19.5) |
| (14.7) |
| (16.0) |
| (15.1) |
| (14.1) |
| (7.7) |
| (9.1) |
| (0.16) |
| 0.00 |
| (0.22) |
| - |
| (0.09) |
| (0.25) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 115.2 |
| 113.5 |
| 110.7 |
| - |
| 105.3 |
| 96.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 115.2 |
| 121.2 |
| 110.7 |
| - |
| 105.3 |
| 96.8 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.5 |
| (7.2) |
| (7.9) |
| (13.7) |
| (16.4) |
| (18.8) |
| (12.6) |
| (11.8) |
| (16.2) |
| (11.9) |
| (14.5) |
| (15.9) |
| (18.8) |
| (15.8) |
| (19.3) |
| (13.9) |
| (15.9) |
| (14.8) |
| (13.9) |
| (7.5) |
| (6.4) |