| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 123.5 | 132.0 | 215.7 | 261.8 | 285.9 | 248.6 | 132.9 | 99.6 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (248.3) | (250.3) | (272.7) | (293.1) | (272.6) | (356.9) | (286.1) | (141.2) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | - | - | - | - | - | (7.5) |
| Net Income From Continuing Ops | (242.0) | (244.2) | (266.8) | (283.3) | (269.5) | |||
| Per Share | ||||||||
| EPS Basic | (0.87) | (0.96) | (1.16) | (1.46) | (1.43) | (2.14) | (21.92) | - |
| EPS Diluted | (0.87) | (0.96) | (1.16) | (1.46) | (1.43) | (2.14) | ||
| Supplementary Data | ||||||||
| EBITDA | (236.8) | (237.5) | (257.2) | (275.6) | (257.0) | (345.8) | (280.2) | (139.3) |
| EBIT | (248.3) | (250.3) | (272.7) | (293.1) | (272.6) | (356.9) | ||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 28.7 | 34.9 | 30.1 | 29.8 | 37.2 | 45.1 | 53.2 | 60.9 | 56.4 | 56.0 | 65.6 | 73.0 | 67.2 | 63.9 | 76.7 | 72.5 | 72.7 | 108.5 | 53.2 | 45.0 | 41.9 | 35.6 | 40.1 | 30.0 | 27.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 11.5 | 12.2 | 10.3 | 10.3 | 11.5 | 17.3 | 14.1 | 16.4 | 16.3 | 20.8 | 19.2 | 16.6 | 16.8 | 23.3 | 15.5 | 18.3 | 14.4 | ||||||||
| Depreciation & Amortization | 2.4 | 3.1 | 3.2 | 2.9 | 3.6 | 3.8 | 4.1 | 3.9 | 3.7 | 4.2 | 4.5 | 4.5 | 4.3 | 4.2 | 4.0 | 3.8 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 48.6 | 61.2 | 43.5 | 95.0 | 50.6 | 50.9 | 61.8 | 49.4 | 110.7 | 90.6 | 2.2 | 116.3 | 84.1 | 81.8 | 86.2 | 72.9 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (48.6) | (61.2) | (43.5) | (95.0) | (50.6) | (50.9) | (61.8) | (49.4) | (110.7) | (90.6) | (2.2) | (116.3) | (84.1) | (81.8) | (86.2) | (72.9) | (31.7) | (111.3) | (83.4) | 18.6 | (180.8) | (113.3) | (51.6) | (87.9) | (33.3) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 0.5 | 1.1 | 0.4 | 0.6 | 0.2 | 0.1 | (0.7) | (4.1) | 0.2 | (0.2) | 0.3 | (0.1) | (0.0) | (0.3) | (0.1) | (0.2) | (0.1) | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (47.2) | (58.8) | (42.2) | (93.8) | (49.4) | (49.1) | (59.9) | (50.3) | (107.5) | (88.1) | 1.0 | (114.0) | (82.1) | (80.4) | (85.1) | (72.5) | (31.4) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (47.2) | (58.8) | (42.2) | (93.8) | (49.4) | (49.1) | (59.9) | (50.3) | (107.5) | (88.1) | 1.0 | (114.0) | (82.1) | (80.4) | (85.1) | (72.5) | (31.4) | ||||||||
| Net Income Attributable To Parent | (47.2) | (58.8) | (42.2) | (93.8) | (49.4) | (49.1) | (59.9) | (50.3) | (107.5) | (88.1) | 1.0 | (114.0) | (82.1) | (80.4) | (85.1) | (72.5) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (47.2) | (58.8) | (42.2) | (93.8) | (49.4) | (49.1) | (59.9) | (50.3) | (107.5) | (88.1) | 1.0 | (114.0) | (82.1) | (80.4) | (85.1) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.17) | - | (0.16) | (0.39) | (0.21) | - | (0.25) | (0.21) | (0.49) | - | 0.00 | (0.59) | (0.43) | - | (0.45) | (0.39) | (0.17) | - | (0.46) | 0.10 | - | - | - | (7.18) | - |
| EPS Diluted | (0.17) | - | (0.16) | (0.39) | (0.21) | - | (0.25) | (0.21) | (0.49) | - | 0.00 | (0.59) | (0.43) | - | (0.45) | (0.39) | (0.17) | - | |||||||
| Shares Basic | 276.9 | - | 260.5 | 238.4 | 237.6 | - | 235.4 | 234.4 | 217.3 | - | 197.0 | 192.5 | 191.2 | - | 189.3 | 187.6 | 186.0 | - | |||||||
| Shares Diluted | 276.9 | - | 260.5 | 238.4 | 237.6 | - | 235.4 | 234.4 | 217.3 | - | 200.5 | 192.5 | 191.2 | - | 189.3 | 187.6 | 186.0 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (46.2) | (58.1) | (40.3) | (92.1) | (47.0) | (47.1) | (57.7) | (45.5) | (107.0) | (86.4) | 2.3 | (111.8) | (79.8) | (77.6) | (82.2) | (69.1) | (28.1) | (107.8) | (80.6) | 21.2 | (178.5) | (111.7) | (50.0) | (86.5) | (32.0) |
| EBIT | (48.6) | (61.2) | (43.5) | (95.0) | (50.6) | (50.9) | (61.8) | (49.4) | (110.7) | (90.6) | (2.2) | (116.3) | (84.1) | (81.8) | (86.2) | (72.9) | (31.7) | (111.3) | (83.4) | ||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 44.3 | 44.3 | 64.0 | 73.3 | 71.6 | 50.4 | 28.3 | 21.8 |
| Depreciation & Amortization | 11.5 | 12.8 | 15.5 | 17.5 | 15.6 | 11.1 | 5.9 | 1.8 |
| Amortization of Intangibles | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 248.3 | 250.3 | 272.7 | 293.1 | 272.6 | 356.9 | 286.1 | 141.2 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.5 | 2.3 | (4.5) | (0.1) | (0.7) | 0.3 | 0.1 | (0.0) |
| Pre-Tax Income | - | - | - | - | - | (355.9) | (285.3) | (138.3) |
| (355.9) |
| (285.3) |
| (130.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (242.0) | (244.2) | (266.8) | (283.3) | (269.5) | (355.9) | (285.3) | (130.8) |
| Net Income Attributable To Parent | (242.0) | (244.2) | (266.8) | (283.3) | (269.5) | (355.9) | (285.3) | (130.8) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (242.0) | (244.2) | (266.8) | (283.3) | (269.5) | (355.9) | (285.3) | (130.8) |
| (21.92) |
| - |
| Shares Basic | 276.9 | 253.2 | 230.9 | 194.5 | 188.3 | 166.4 | 13.0 | - |
| Shares Diluted | 276.9 | 253.2 | 230.9 | 194.5 | 188.3 | 166.4 | 13.0 | - |
| (286.1) |
| (141.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 12.7 |
| 13.4 |
| 12.5 |
| 11.8 |
| 9.2 |
| 7.1 |
| 6.0 |
| 6.0 |
| 3.6 |
| 3.5 |
| 2.8 |
| 2.6 |
| 2.2 |
| 1.7 |
| 1.6 |
| 1.4 |
| 1.3 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.7 |
| - |
| 83.4 |
| - |
| 180.8 |
| - |
| 51.6 |
| - |
| 33.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.3 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (110.7) |
| (83.3) |
| 18.7 |
| (180.6) |
| (113.2) |
| (51.5) |
| (87.8) |
| (32.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (110.7) |
| (83.3) |
| 18.7 |
| (180.6) |
| (113.2) |
| (51.5) |
| (87.8) |
| (32.9) |
| (31.4) |
| (110.7) |
| (83.3) |
| 18.7 |
| (180.6) |
| (113.2) |
| (51.5) |
| (87.8) |
| (32.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (72.5) |
| (31.4) |
| (110.0) |
| (83.3) |
| 17.9 |
| (180.6) |
| (113.2) |
| (51.5) |
| (87.8) |
| (32.9) |
| (0.46) |
| 0.09 |
| - |
| - |
| - |
| (7.18) |
| - |
| 181.8 |
| 179.9 |
| - |
| - |
| - |
| 12.2 |
| - |
| 181.8 |
| 190.5 |
| - |
| - |
| - |
| 12.2 |
| - |
| 18.6 |
| (180.8) |
| (113.3) |
| (51.6) |
| (87.9) |
| (33.3) |