| (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 | Q3 FY 19 | Q2 FY 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | 0.0 | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | |||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | - | 0.0 | 0.0 | 0.7 | 1.8 | 0.9 | 57.1 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | - | - | - | 59.5 | 52.0 | 85.4 | 53.3 | 52.0 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | - | - | (226.0) | (609.7) | (72.1) | (86.2) | (53.2) | 5.4 |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | 1.5 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | 0.0 | 8.7 | 16.5 | 4.4 | 0.2 | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | - | 0.0 | (0.2) | (1.8) |
| Net Income From Continuing Ops | (1,206.1) | (1,079.6) | (221.3) | (614.9) | (78.8) | |||
| Per Share | ||||||||
| EPS Basic | (1.56) | (1.44) | (0.31) | (0.99) | (0.41) | (0.67) | (0.76) | 0.63 |
| EPS Diluted | (1.56) | (1.44) | (0.31) | (0.99) | (0.41) | (0.67) | ||
| Supplementary Data | ||||||||
| EBITDA | - | - | (225.9) | (609.5) | (71.7) | (85.9) | (52.9) | 5.8 |
| EBIT | - | - | (226.0) | (609.7) | (72.1) | (86.2) | ||
| 0.3 |
| 0.3 |
| 1.3 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.1 |
| 0.2 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||
| Research & Development | 132.6 | - | - | - | 51.3 | - | - | - | 30.9 | 24.8 | 15.3 | 9.5 | 9.9 | 5.4 | 17.0 | 9.0 | 20.6 | 23.1 | 19.9 | 23.9 | 18.4 | 13.1 | 13.7 | 13.6 | 12.9 | 10.0 | 11.3 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| General & Administrative | 62.6 | 77.6 | 103.1 | 360.4 | 15.6 | 14.2 | 20.7 | 13.8 | 11.5 | 10.6 | 5.4 | 6.3 | 6.9 | 7.6 | 5.6 | 6.9 | 6.7 | ||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.1 | - | - | - | |||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.2 | 0.2 | 0.2 | ||||||||||
| Other Operating Expenses | - | - | - | - | - | 0.2 | (0.3) | 0.2 | 0.2 | 0.2 | 0.3 | (0.0) | 0.6 | - | 5.5 | 3.0 | - | ||||||||||
| Total Operating Expenses | 195.2 | 224.9 | 234.2 | 568.4 | 66.9 | 65.6 | 58.4 | 59.6 | 42.4 | 35.4 | 20.8 | 15.8 | 537.7 | 21.4 | 22.6 | 15.9 | |||||||||||
| Operating Income | |||||||||||||||||||||||||||
| Operating Income | - | - | - | - | - | (65.6) | (58.4) | (59.6) | (42.4) | (36.2) | (20.5) | (15.8) | (537.2) | (20.3) | (16.9) | (12.7) | (22.2) | (26.0) | (19.5) | (23.7) | (16.9) | (11.6) | (16.9) | (15.4) | (9.3) | (6.2) | (6.7) |
| Non-Operating | |||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | 1.8 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.5 | 3.1 | 3.1 | 2.9 | 2.7 | 2.5 | 8.3 | 2.9 | 0.7 | 0.7 | 0.2 | - | |||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Other Non-Operating Income | 5.8 | 5.8 | 2.4 | 2.7 | 3.9 | 4.4 | 4.6 | 2.3 | 2.0 | 16.1 | (0.8) | 1.1 | (5.2) | 5.5 | (4.4) | (4.1) | 0.8 | ||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Tax & Net | |||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | (0.1) | (0.2) | 0.1 | 0.1 | (0.1) |
| Net Income From Continuing Ops | (189.4) | (219.2) | (231.8) | (565.7) | (62.9) | (61.2) | (56.3) | (60.4) | (43.5) | (36.6) | (21.3) | (14.7) | (542.4) | (19.2) | (21.4) | (16.8) | (21.4) | ||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Net Income | (189.4) | (219.2) | (231.8) | (565.7) | (62.9) | (61.2) | (56.3) | (60.4) | (43.5) | (36.6) | (21.3) | (14.7) | (542.4) | (19.2) | (21.4) | (16.8) | (21.4) | ||||||||||
| Net Income Attributable To Parent | (189.4) | (219.2) | (231.8) | (565.7) | (62.9) | (61.2) | (56.3) | (60.4) | (43.5) | (36.6) | (21.3) | (14.7) | (542.4) | (19.2) | (21.4) | (16.8) | |||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||
| Net Income To Common Shareholders | (189.4) | (219.2) | (231.8) | (565.7) | (62.9) | (61.2) | (56.3) | (60.4) | (43.5) | (36.6) | (21.3) | (14.7) | (542.4) | (19.2) | (21.4) | ||||||||||||
| Per Share | |||||||||||||||||||||||||||
| EPS Basic | (0.24) | - | (0.31) | (0.76) | (0.09) | - | (0.08) | (0.09) | (0.06) | - | (0.03) | (0.02) | (1.43) | - | (0.10) | (0.12) | (0.15) | - | (0.20) | (0.27) | (0.21) | - | (0.26) | (0.23) | (0.09) | (0.20) | (0.21) |
| EPS Diluted | (0.24) | - | (0.31) | (0.76) | (0.09) | - | (0.08) | (0.09) | (0.06) | - | (0.03) | (0.02) | (1.43) | - | (0.10) | (0.12) | (0.15) | - | |||||||||
| Shares Basic | 775.5 | - | 743.4 | 742.6 | 738.1 | - | 726.7 | 707.9 | 701.8 | - | 697.7 | 697.7 | 378.2 | - | 208.9 | 140.1 | 140.0 | - | |||||||||
| Shares Diluted | 775.5 | - | 743.4 | 742.6 | 738.1 | - | 726.7 | 707.9 | 701.8 | - | 697.7 | 697.7 | 378.2 | - | 208.9 | 140.1 | 140.0 | - | |||||||||
| Supplementary Data | |||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | (42.4) | - | - | - | (537.1) | - | - | - | (22.1) | - | - | - | (16.8) | - | - | - | (9.3) | - | - |
| EBIT | - | - | - | - | - | (65.6) | (58.4) | (59.6) | (42.4) | (36.2) | (20.5) | (15.8) | (537.2) | (20.3) | (16.9) | (12.7) | (22.2) | (26.0) | (19.5) | ||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 603.8 | 556.8 | 60.2 | 29.3 | 26.7 | 23.6 | 19.2 | 17.0 |
| Depreciation & Amortization | - | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 0.4 |
| Amortization of Intangibles | - | - | 0.0 | 0.0 | 0.9 | 1.0 | 1.3 | 1.1 |
| Other Operating Expenses | - | - | 0.3 | 1.0 | 14.4 | - | - | - |
| Total Operating Expenses | 1,222.8 | 1,094.4 | 226.0 | 609.7 | 87.2 | 109.0 | 73.4 | 74.3 |
| 0.3 |
| 0.6 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 16.7 | 14.8 | 13.4 | 11.2 | (2.3) | (2.4) | 0.3 | 3.7 |
| Pre-Tax Income | - | (1,079.6) | (221.3) | (614.9) | (78.8) | (88.6) | (52.9) | 9.1 |
| (88.6) |
| (52.7) |
| 10.9 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (1,206.1) | (1,079.6) | (221.3) | (614.9) | (78.8) | (88.6) | (52.7) | 10.9 |
| Net Income Attributable To Parent | (1,206.1) | (1,079.6) | (221.3) | (614.9) | (78.8) | (88.6) | (52.7) | 10.9 |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (1,206.1) | (1,079.6) | (221.3) | (614.9) | (78.8) | (88.6) | (52.7) | 10.9 |
| (0.76) |
| 0.63 |
| Shares Basic | 775.5 | 747.7 | 718.5 | 619.6 | 193.3 | 131.7 | 69.5 | 17.1 |
| Shares Diluted | 775.5 | 747.7 | 718.5 | 619.6 | 193.3 | 131.7 | 69.5 | 17.2 |
| (53.2) |
| 5.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.8 |
| 5.7 |
| 6.0 |
| 4.2 |
| 3.0 |
| 6.8 |
| 5.8 |
| 3.6 |
| 2.7 |
| 2.1 |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| 0.2 |
| 0.3 |
| 0.3 |
| 0.3 |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.2 |
| 30.9 |
| 25.6 |
| 29.9 |
| 22.6 |
| 16.1 |
| 21.4 |
| 19.3 |
| 16.5 |
| 12.6 |
| 13.4 |
| 0.0 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.1) |
| (0.1) |
| (0.7) |
| (0.6) |
| (2.0) |
| (0.9) |
| (0.1) |
| 3.3 |
| (0.1) |
| - |
| (27.1) |
| (19.6) |
| (24.4) |
| (17.5) |
| (13.6) |
| (17.8) |
| (15.5) |
| (6.1) |
| (6.3) |
| (6.8) |
| (27.1) |
| (19.6) |
| (24.4) |
| (17.5) |
| (13.5) |
| (17.7) |
| (15.3) |
| (6.1) |
| (6.4) |
| (6.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.1) |
| (19.6) |
| (24.4) |
| (17.5) |
| (13.5) |
| (17.7) |
| (15.3) |
| (6.1) |
| (6.4) |
| (6.7) |
| (21.4) |
| (27.1) |
| (19.6) |
| (24.4) |
| (17.5) |
| (13.5) |
| (17.7) |
| (15.3) |
| (6.1) |
| (6.4) |
| (6.7) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (16.8) |
| (21.4) |
| (27.1) |
| (19.6) |
| (24.4) |
| (17.5) |
| (13.5) |
| (17.7) |
| (15.3) |
| (6.1) |
| (6.4) |
| (6.7) |
| (0.20) |
| (0.27) |
| (0.21) |
| - |
| (0.26) |
| (0.23) |
| (0.09) |
| (0.20) |
| (0.21) |
| 99.0 |
| 92.1 |
| 82.8 |
| - |
| 67.2 |
| 67.2 |
| 67.2 |
| 32.1 |
| 32.1 |
| 99.0 |
| 92.1 |
| 82.8 |
| - |
| 67.2 |
| 67.2 |
| 67.2 |
| 32.1 |
| 32.1 |
| (23.7) |
| (16.9) |
| (11.6) |
| (16.9) |
| (15.4) |
| (9.3) |
| (6.2) |
| (6.7) |