| (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 | 2.8 | 4.2 | 4.1 | 4.1 | 4.2 | 4.0 | 4.0 | 3.1 | 3.1 | 4.4 | 4.2 | 4.0 | 4.1 | 4.6 | 4.0 | 3.6 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 15.2 | 16.6 | 14.2 | 16.7 | 15.5 | 6.6 | 0.7 |
| Cost of Revenue | 7.8 | 8.1 | 7.1 | 8.2 | 8.4 | 3.2 | 0.0 |
| Gross Profit | 7.4 | 8.5 | 7.1 | 8.5 | 7.1 | 3.4 | 0.7 |
| Operating Expenses | |||||||
| Research & Development | 41.3 | 43.9 | 50.6 | 53.0 | 45.8 | 29.1 | 18.9 |
| Selling General & Administrative | 40.6 | 42.6 | 56.6 | 59.0 | 58.5 | ||
| Operating Income | |||||||
| Operating Income | (74.5) | (78.0) | (100.1) | (103.5) | (97.2) | (71.5) | (33.6) |
| Non-Operating | |||||||
| Interest Income | 10.5 | 11.5 | 16.7 | 17.8 | 4.6 | 0.3 | 0.9 |
| Interest Expense | - | - | - | - | 0.0 | 0.0 | 0.0 |
| Tax & Net | |||||||
| Income Tax Expense | 0.1 | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (70.5) | (73.6) | (86.6) | (86.3) | (93.0) | (71.2) | |
| Per Share | |||||||
| EPS Basic | - | - | - | (1.35) | (1.49) | (1.17) | (2.48) |
| EPS Diluted | - | - | - | (1.35) | (1.49) | (1.17) | (2.48) |
| Supplementary Data | |||||||
| EBITDA | (69.7) | (72.9) | (94.3) | (98.1) | (93.3) | (68.9) | (32.0) |
| EBIT | (74.5) | (78.0) | (100.1) | (103.5) | (97.2) | (71.5) | (33.6) |
| 3.3 |
| 3.1 |
| 2.2 |
| 1.3 |
| 0.1 |
| 0.3 |
| 0.1 |
| 0.1 |
| 0.2 |
| Cost of Revenue | 1.8 | 2.0 | 2.0 | 1.9 | 2.1 | 2.0 | 2.1 | 1.3 | 1.7 | 2.4 | 2.0 | 1.7 | 2.0 | 2.3 | 2.0 | 2.0 | 2.1 | 1.6 | 1.0 | 0.6 | 0.0 | - | 0.0 | 0.0 | - |
| Gross Profit | 1.0 | 2.2 | 2.1 | 2.1 | 2.1 | 2.0 | 1.9 | 1.7 | 1.4 | 2.0 | 2.2 | 2.3 | 2.1 | 2.3 | 1.9 | 1.6 | 1.2 | 1.4 | 1.2 | 0.7 | 0.1 | - | 0.1 | 0.1 | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 8.8 | 9.7 | 10.8 | 12.0 | 11.4 | 12.6 | 13.0 | 12.7 | 12.3 | 11.2 | 13.2 | 14.1 | 14.5 | 12.6 | 11.6 | 10.9 | 10.7 | 8.2 | 7.7 | 6.9 | 6.2 | 5.4 | 4.8 | 4.5 | 4.2 |
| Selling General & Administrative | 9.4 | 9.8 | 10.7 | 10.7 | 11.4 | 12.9 | 13.3 | 16.1 | 14.3 | 13.1 | 14.8 | 16.1 | 15.0 | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | - | 14.8 | 16.1 | 15.0 | - | 15.4 | 14.2 | 14.3 | ||||||||
| Depreciation & Amortization | 1.2 | 1.2 | 1.2 | 1.3 | 1.4 | 1.5 | 1.5 | 1.5 | 1.4 | 1.5 | 1.4 | 1.3 | 1.2 | 1.1 | 1.0 | 0.9 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 18.2 | 19.6 | 21.5 | 22.6 | 22.8 | 25.5 | 26.3 | 28.8 | 26.6 | 24.2 | 28.0 | 30.2 | 29.5 | 27.2 | 27.0 | 25.0 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (17.3) | (17.4) | (19.3) | (20.5) | (20.7) | (23.5) | (24.3) | (27.1) | (25.2) | (22.2) | (25.8) | (27.9) | (27.4) | (24.9) | (25.1) | (23.4) | (23.8) | (19.9) | (18.4) | (16.7) | (16.5) | (13.0) | (8.4) | (6.4) | (5.8) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 2.2 | 2.5 | 2.8 | 3.0 | 3.2 | 3.6 | 4.1 | 4.4 | 4.6 | 4.7 | 4.8 | 4.6 | 3.7 | 2.5 | 1.3 | 0.7 | 0.1 | 0.2 | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | (1.7) | (1.1) | (1.4) | (1.8) | (1.6) | (1.8) | (0.9) | 0.0 | 0.0 | - | 0.0 | - | - | - | - | - | |||||||||
| Other Non-Operating Income | 0.4 | 1.4 | 1.1 | 1.2 | 0.9 | 1.8 | 3.0 | 4.2 | 4.5 | 4.4 | 4.8 | 4.5 | 3.5 | 2.4 | 1.1 | 0.6 | 0.1 | ||||||||
| Pre-Tax Income | (16.8) | (16.0) | (18.2) | (19.4) | (19.8) | (21.6) | (21.3) | (22.9) | (20.7) | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (16.8) | (16.0) | (18.2) | (19.4) | (19.9) | (21.7) | (21.3) | (22.9) | (20.7) | (17.8) | (21.1) | (23.4) | (24.0) | (22.5) | (24.0) | (22.8) | (23.6) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (16.8) | (16.0) | (18.2) | (19.4) | (19.9) | (21.7) | (21.3) | (22.9) | (20.7) | (17.8) | (21.1) | (23.4) | (24.0) | (22.5) | (24.0) | (22.8) | (23.6) | ||||||||
| Net Income Attributable To Parent | (16.8) | (16.0) | (18.2) | (19.4) | (19.9) | (21.7) | (21.3) | (22.9) | (20.7) | (17.8) | (21.1) | (23.4) | (24.0) | (22.5) | (24.0) | (22.8) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (16.8) | (16.0) | (18.2) | (19.4) | (19.9) | (21.7) | (21.3) | (22.9) | (20.7) | (17.8) | (21.1) | (23.4) | (24.0) | (22.5) | (24.0) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | - | - | - | - | - | - | (0.35) | (0.35) | (0.32) | - | (0.33) | (0.37) | (0.38) | - | (0.38) | (0.37) | (0.38) | - | (0.30) | (0.27) | (0.27) | - | (0.80) | (0.63) | (0.61) |
| EPS Diluted | - | - | - | - | - | - | (0.35) | (0.35) | (0.32) | - | (0.33) | (0.37) | (0.38) | - | (0.38) | (0.37) | (0.38) | - | |||||||
| Shares Basic | - | - | - | - | - | - | 61.2 | 64.6 | 64.6 | - | 63.9 | 63.8 | 63.5 | - | 62.5 | 62.4 | 62.0 | - | |||||||
| Shares Diluted | - | - | - | - | - | - | 61.2 | 64.6 | 64.6 | - | 63.9 | 63.8 | 63.5 | - | 62.5 | 62.4 | 62.0 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (16.1) | (16.2) | (18.1) | (19.2) | (19.3) | (22.0) | (22.8) | (25.6) | (23.8) | (20.8) | (24.4) | (26.6) | (26.2) | (23.8) | (24.1) | (22.5) | (22.9) | (19.1) | (17.7) | (16.1) | (16.0) | (12.5) | (8.0) | (6.0) | (5.5) |
| EBIT | (17.3) | (17.4) | (19.3) | (20.5) | (20.7) | (23.5) | (24.3) | (27.1) | (25.2) | (22.2) | (25.8) | (27.9) | (27.4) | (24.9) | (25.1) | (23.4) | (23.8) | (19.9) | (18.4) | ||||||
| 45.8 |
| 15.4 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | - | - | - | - |
| Depreciation & Amortization | 4.9 | 5.1 | 5.8 | 5.4 | 3.9 | 2.6 | 1.6 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 81.9 | 86.5 | 107.2 | 112.0 | 104.3 | 74.9 | 34.3 |
| Income From Equity Investments | (6.1) | (5.9) | (2.6) | 0.0 | - | - | - |
| Other Non-Operating Income | 4.1 | 4.6 | 13.6 | 17.2 | 4.3 | 0.3 | 0.9 |
| Pre-Tax Income | (70.4) | (73.4) | (86.5) | (86.3) | - | - | - |
| (32.8) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (70.5) | (73.6) | (86.6) | (86.3) | (93.0) | (71.2) | (32.8) |
| Net Income Attributable To Parent | (70.5) | (73.6) | (86.6) | (86.3) | (93.0) | (71.2) | (32.8) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (70.5) | (73.6) | (86.6) | (86.3) | (93.0) | (71.2) | (32.8) |
| Shares Basic | - | - | - | 63.9 | 62.4 | 60.9 | 13.2 |
| Shares Diluted | - | - | - | 63.9 | 62.4 | 60.9 | 13.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.9 |
| 10.5 |
| 10.3 |
| - |
| 3.7 |
| 1.9 |
| 1.8 |
| 0.9 |
| 0.8 |
| 0.7 |
| 0.6 |
| 0.5 |
| 0.5 |
| 0.4 |
| 0.4 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 25.0 |
| 21.3 |
| 19.6 |
| 17.4 |
| 16.6 |
| 13.4 |
| 8.5 |
| 6.4 |
| 6.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.3 |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.7) |
| (18.4) |
| (16.6) |
| (16.4) |
| (12.9) |
| (8.2) |
| (6.1) |
| (5.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.7) |
| (18.4) |
| (16.6) |
| (16.4) |
| (12.9) |
| (8.2) |
| (6.1) |
| (5.5) |
| (23.6) |
| (19.7) |
| (18.4) |
| (16.6) |
| (16.4) |
| (12.9) |
| (8.2) |
| (6.1) |
| (5.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.8) |
| (23.6) |
| (19.7) |
| (18.4) |
| (16.6) |
| (16.4) |
| (12.9) |
| (8.2) |
| (6.1) |
| (5.5) |
| (0.30) |
| (0.27) |
| (0.27) |
| - |
| (0.80) |
| (0.63) |
| (0.61) |
| 61.1 |
| 60.8 |
| 59.9 |
| - |
| 10.3 |
| 9.7 |
| 8.9 |
| 61.1 |
| 60.8 |
| 59.9 |
| - |
| 10.3 |
| 9.7 |
| 8.9 |
| (16.7) |
| (16.5) |
| (13.0) |
| (8.4) |
| (6.4) |
| (5.8) |