| (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 | - | - | - | - | - | - | - | 0.3 | 0.9 | 0.3 | 1.3 | 0.1 | 0.6 | 2.2 | 3.6 | 6.4 | |||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | 0.0 | 1.3 | 2.2 | 23.9 | 60.9 | 55.2 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 40.1 | 34.4 | 30.3 | 16.5 | 36.4 | 57.2 | 27.9 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (58.2) | (49.0) | (42.9) | (38.1) | (28.9) | (13.4) | 20.6 |
| Non-Operating | |||||||
| Interest Income | 2.4 | 1.4 | 1.3 | 0.6 | 0.1 | 0.0 | 0.0 |
| Interest Expense | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (0.4) | 13.3 | (34.1) | (42.2) | (18.7) | (17.1) | |
| Per Share | |||||||
| EPS Basic | (0.18) | 0.22 | (3.68) | (7.64) | (4.31) | (0.63) | 0.79 |
| EPS Diluted | (0.18) | (0.79) | (3.68) | (7.64) | (4.31) | (0.63) | 0.74 |
| Supplementary Data | |||||||
| EBITDA | (55.2) | (46.0) | (38.2) | (34.4) | (25.7) | (11.9) | 20.9 |
| EBIT | (58.2) | (49.0) | (42.9) | (38.1) | (28.9) | (13.4) | 20.6 |
| 11.8 |
| 11.1 |
| 14.7 |
| 18.2 |
| 16.9 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||
| Research & Development | 13.4 | 10.7 | 9.0 | 7.0 | 7.7 | 7.5 | 7.8 | 6.8 | 8.1 | 4.3 | 4.0 | 3.7 | 4.5 | 7.2 | 7.4 | 8.6 | 13.3 | 10.6 | 15.1 | 18.7 | 12.8 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| General & Administrative | 6.6 | 5.0 | 3.7 | 2.7 | 3.1 | 2.7 | 3.5 | 3.6 | 4.2 | 14.9 | 2.6 | 2.9 | 3.4 | 2.8 | 4.0 | 4.3 | 5.2 | ||||
| Depreciation & Amortization | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | 0.8 | 0.9 | 1.0 | 2.0 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.9 | 0.8 | |||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Total Operating Expenses | 20.0 | 15.8 | 12.7 | 9.7 | 10.8 | 10.1 | 11.3 | 10.5 | 12.3 | 19.2 | 6.6 | 6.6 | 8.0 | 10.0 | 11.4 | 12.9 | |||||
| Operating Income | |||||||||||||||||||||
| Operating Income | (20.0) | (15.8) | (12.7) | (9.7) | (10.8) | (10.0) | (11.3) | (10.2) | (11.4) | (18.9) | (5.3) | (6.5) | (7.4) | (7.9) | (7.8) | (6.5) | (6.7) | (7.3) | (4.0) | (2.9) | 0.8 |
| Non-Operating | |||||||||||||||||||||
| Interest Income | 1.0 | 0.7 | 0.7 | 0.0 | 0.1 | 0.1 | 0.3 | 0.4 | 0.5 | 0.5 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | 0.1 | 0.1 | 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 | 0.1 | 0.1 | |||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Other Non-Operating Income | 1.1 | (1.1) | 58.1 | (0.4) | 5.6 | (1.4) | 1.0 | 2.9 | 6.4 | (4.0) | 0.2 | (0.4) | 0.0 | 0.0 | 0.7 | 1.7 | 7.8 | ||||
| Pre-Tax Income | - | - | - | - | - | - | (10.3) | (7.3) | (5.0) | (22.9) | (5.1) | (6.9) | (7.4) | (7.8) | (7.1) | (4.9) | 1.1 | ||||
| Tax & Net | |||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | - | (0.1) | 0.1 | - | - | - | - |
| Net Income From Continuing Ops | (18.9) | (16.9) | 45.4 | (10.1) | (5.2) | (11.4) | (10.3) | (7.3) | (5.0) | (22.9) | (5.1) | (6.9) | (7.4) | (7.9) | (7.1) | (4.8) | 1.0 | ||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income | (18.9) | (16.9) | 45.4 | (10.1) | (5.2) | (11.4) | (10.3) | (7.3) | (5.0) | (22.9) | (5.1) | (6.9) | (7.4) | (7.9) | (7.1) | (4.8) | 1.0 | ||||
| Net Income Attributable To Parent | (18.9) | (16.9) | 45.4 | (10.1) | (5.2) | (11.4) | (10.3) | (7.3) | (5.0) | (22.9) | (5.1) | (6.9) | (7.4) | (7.9) | (7.1) | (4.8) | |||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||
| Net Income To Common Shareholders | (18.9) | 14.2 | 5.3 | (10.1) | (5.2) | (11.4) | (10.3) | (7.3) | (5.0) | (22.9) | (5.1) | (6.9) | (7.4) | (7.9) | (7.1) | ||||||
| Per Share | |||||||||||||||||||||
| EPS Basic | (0.35) | - | 0.50 | (1.09) | (0.56) | - | (1.12) | (0.79) | (0.54) | - | (0.97) | (1.36) | (1.46) | - | (0.16) | (0.11) | 0.02 | - | (0.16) | (0.11) | 0.05 |
| EPS Diluted | (0.35) | - | (0.21) | (1.09) | (0.56) | - | (1.12) | (0.79) | (0.54) | - | (0.97) | (1.36) | (1.46) | - | (0.16) | (0.11) | 0.02 | - | |||
| Shares Basic | 53.6 | - | 10.7 | 9.3 | 9.3 | - | 9.3 | 9.3 | 9.2 | - | 5.2 | 5.0 | 5.0 | - | 43.0 | 43.0 | 43.1 | - | |||
| Shares Diluted | 53.6 | - | 77.9 | 9.3 | 9.3 | - | 9.3 | 9.3 | 9.2 | - | 5.2 | 5.0 | 5.0 | - | 43.0 | 43.0 | 45.8 | - | |||
| Supplementary Data | |||||||||||||||||||||
| EBITDA | (19.3) | (15.0) | (12.0) | (8.9) | (10.0) | (9.2) | (10.4) | (9.2) | (9.4) | (18.0) | (4.3) | (5.6) | (6.5) | (7.0) | (6.9) | (5.8) | (6.1) | (6.7) | (3.6) | (2.6) | 1.0 |
| EBIT | (20.0) | (15.8) | (12.7) | (9.7) | (10.8) | (10.0) | (11.3) | (10.2) | (11.4) | (18.9) | (5.3) | (6.5) | (7.4) | (7.9) | (7.8) | (6.5) | (6.7) | (7.3) | (4.0) | ||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 18.1 | 14.6 | 14.0 | 23.8 | 16.4 | 17.1 | 6.8 |
| Depreciation & Amortization | 3.0 | 3.0 | 4.7 | 3.7 | 3.2 | 1.5 | 0.4 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 58.2 | 49.0 | 44.2 | 40.3 | 52.8 | 74.3 | 34.7 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 57.8 | 62.2 | 8.8 | (4.1) | 10.2 | (3.8) | 0.0 |
| Pre-Tax Income | - | 13.3 | - | (42.2) | (18.7) | (17.1) | 20.1 |
| 20.1 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (0.4) | 13.3 | (34.1) | (42.2) | (18.7) | (17.1) | 20.1 |
| Net Income Attributable To Parent | (0.4) | 13.3 | (34.1) | (42.2) | (18.7) | (17.1) | 20.1 |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (9.4) | 4.3 | (34.1) | (42.2) | (18.7) | (17.1) | 20.1 |
| Shares Basic | 53.6 | 19.3 | 9.3 | 5.5 | 4.4 | 27.3 | 25.4 |
| Shares Diluted | 53.6 | 61.3 | 9.3 | 5.5 | 4.4 | 27.3 | 27.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.8 |
| 3.6 |
| 2.4 |
| 3.3 |
| 0.6 |
| 0.6 |
| 0.4 |
| 0.3 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 18.5 |
| 18.4 |
| 18.7 |
| 21.1 |
| 16.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| - |
| - |
| - |
| (4.8) |
| (0.1) |
| (1.9) |
| 3.1 |
| (11.6) |
| (4.1) |
| (2.9) |
| 1.4 |
| (11.6) |
| (4.1) |
| (2.9) |
| 1.4 |
| - |
| - |
| - |
| - |
| (11.6) |
| (4.1) |
| (2.9) |
| 1.4 |
| 1.0 |
| (11.6) |
| (4.1) |
| (2.9) |
| 1.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.8) |
| 1.0 |
| (11.6) |
| (4.1) |
| (2.9) |
| 1.4 |
| (0.16) |
| (0.11) |
| 0.05 |
| 26.0 |
| 26.0 |
| 26.0 |
| 26.0 |
| 26.0 |
| 28.1 |
| (2.9) |
| 0.8 |