| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||
| Revenues | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 | 0.6 | 1.6 | 2.0 | 2.9 | 3.1 | 2.2 | 2.0 | 0.0 | 0.0 | 0.0 | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | - | 0.0 | 4.9 | 10.1 | 0.0 | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 16.3 | 19.5 | 46.4 | 49.4 | 35.2 | 30.7 | 23.9 | 10.8 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (34.0) | (36.5) | (56.2) | (52.0) | (47.3) | (42.1) | (29.4) | (13.1) |
| Non-Operating | ||||||||
| Interest Income | - | - | - | - | - | - | - | - |
| Interest Expense | 0.7 | 0.1 | 0.3 | 0.5 | 0.4 | 0.3 | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (37.2) | (39.0) | (53.0) | (47.9) | (46.2) | |||
| Per Share | ||||||||
| EPS Basic | (27.11) | (50.83) | (96.40) | (1.24) | (1.96) | (1.81) | - | - |
| EPS Diluted | (27.11) | (50.83) | (96.40) | (1.24) | (1.96) | (1.81) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (36.5) | (56.1) | (51.9) | (47.2) | (42.0) | (29.4) | (13.1) |
| EBIT | (34.0) | (36.5) | (56.2) | (52.0) | (47.3) | (42.1) | ||
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 7.6 | 4.1 | 5.0 | (0.4) | 10.8 | 21.5 | 6.6 | 8.1 | 10.3 | 11.1 | 13.5 | 13.1 | 11.7 | 8.8 | 8.8 | 9.1 | 8.5 | 6.3 | 8.6 | 9.1 | 6.7 | 5.8 | 7.8 | 5.7 | 4.6 | - | 2.1 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 4.4 | 7.0 | 3.2 | 3.1 | 3.7 | 3.3 | 3.5 | 3.6 | 4.3 | 3.0 | 3.2 | 3.0 | 3.5 | 3.3 | 2.8 | 2.8 | 3.2 | ||||||||||||
| Depreciation & Amortization | 0.3 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | 0.0 | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 12.0 | 11.1 | 8.2 | 2.7 | 14.5 | 24.8 | 10.0 | 11.6 | 14.6 | 14.1 | 16.7 | 16.1 | 15.2 | 12.1 | 11.6 | 11.9 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (12.0) | (11.1) | (8.2) | (2.7) | (14.5) | (24.1) | (9.4) | (10.0) | (12.6) | (11.2) | (13.7) | (14.0) | (13.2) | (12.1) | (11.6) | (11.9) | (11.7) | (9.1) | (11.4) | (11.7) | (9.8) | (8.3) | (9.6) | (6.4) | (5.1) | - | (2.6) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.7 | 0.0 | 0.0 | 0.0 | 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 | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | 0.8 | 0.9 | 1.1 | - | 1.4 | 1.3 | 0.5 | - | - | 0.1 | 0.1 | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (12.3) | (14.6) | (8.2) | (2.1) | (14.0) | (23.6) | (8.7) | (9.2) | (11.6) | (10.0) | (12.4) | (12.8) | (12.8) | (11.1) | (11.4) | (11.9) | (11.8) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (12.3) | (14.6) | (8.2) | (2.1) | (14.0) | (23.6) | (8.7) | (9.2) | (11.6) | (10.0) | (12.4) | (12.8) | (12.8) | (11.1) | (11.4) | (11.9) | (11.8) | ||||||||||||
| Net Income Attributable To Parent | (12.3) | (14.6) | (8.2) | (2.1) | (14.0) | (23.6) | (8.7) | (9.2) | (11.6) | (10.0) | (12.4) | (12.8) | (12.8) | (11.1) | (11.4) | (11.9) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (12.3) | (14.6) | (8.2) | (2.1) | (14.0) | (23.6) | (8.7) | (9.2) | (11.6) | (10.0) | (12.4) | (12.8) | (12.8) | (11.1) | (11.4) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (8.94) | - | (14.58) | (3.50) | (23.95) | - | (15.75) | (16.73) | (0.28) | - | (0.30) | (0.32) | (0.40) | - | (0.48) | (0.51) | (0.50) | - | (0.49) | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (8.94) | - | (14.58) | (3.50) | (23.95) | - | (15.75) | (16.73) | (0.28) | - | (0.30) | (0.32) | (0.40) | - | (0.48) | (0.51) | (0.50) | - | |||||||||||
| Shares Basic | 1.4 | - | 0.6 | 0.6 | 0.6 | - | 0.6 | 0.5 | 41.1 | - | 40.7 | 40.5 | 31.9 | - | 23.6 | 23.5 | 23.5 | - | |||||||||||
| Shares Diluted | 1.4 | - | 0.6 | 0.6 | 0.6 | - | 0.6 | 0.5 | 41.1 | - | 40.7 | 40.5 | 31.9 | - | 23.6 | 23.5 | 23.5 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (11.7) | - | - | - | (14.5) | - | - | - | (12.6) | - | - | - | (13.2) | - | - | (11.9) | (11.7) | - | - | (11.7) | (9.8) | - | - | - | (5.1) | - | - | - | - |
| EBIT | (12.0) | (11.1) | (8.2) | (2.7) | (14.5) | (24.1) | (9.4) | (10.0) | (12.6) | (11.2) | (13.7) | (14.0) | (13.2) | (12.1) | (11.6) | (11.9) | (11.7) | (9.1) | (11.4) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 17.7 | 17.0 | 14.6 | 12.7 | 12.1 | 11.4 | 5.6 | 2.3 |
| Depreciation & Amortization | - | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 34.0 | 36.5 | 61.1 | 62.1 | 47.3 | 42.1 | 29.4 | 13.1 |
| 0.3 |
| 0.1 |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | - | - | 0.1 | 0.2 | 0.1 |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (42.3) |
| (29.5) |
| (13.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (37.2) | (39.0) | (53.0) | (47.9) | (46.2) | (42.3) | (29.5) | (13.1) |
| Net Income Attributable To Parent | (37.2) | (39.0) | (53.0) | (47.9) | (46.2) | (42.3) | (29.5) | (13.1) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (37.2) | (39.0) | (53.0) | (47.9) | (46.2) | (42.3) | (29.5) | (13.1) |
| - |
| - |
| Shares Basic | 1.4 | 0.8 | 0.6 | 38.5 | 23.5 | 23.4 | - | - |
| Shares Diluted | 1.4 | 0.8 | 0.6 | 38.5 | 23.5 | 23.4 | - | - |
| (29.4) |
| (13.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.9 |
| 2.8 |
| 2.6 |
| 3.1 |
| 2.5 |
| 1.8 |
| 0.7 |
| 0.5 |
| - |
| 0.5 |
| - |
| - |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.7 |
| 9.1 |
| 11.4 |
| 11.7 |
| 9.8 |
| 8.3 |
| 9.6 |
| 6.4 |
| 5.1 |
| - |
| 2.6 |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.2) |
| (11.4) |
| (11.8) |
| (9.9) |
| (8.3) |
| (9.6) |
| (6.4) |
| (5.2) |
| (3.2) |
| (2.6) |
| (3.2) |
| (4.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.2) |
| (11.4) |
| (11.8) |
| (9.9) |
| (8.3) |
| (9.6) |
| (6.4) |
| (5.2) |
| (3.2) |
| (2.6) |
| (3.2) |
| (4.1) |
| (11.8) |
| (9.2) |
| (11.4) |
| (11.8) |
| (9.9) |
| (8.3) |
| (9.6) |
| (6.4) |
| (5.2) |
| (3.2) |
| (2.6) |
| (3.2) |
| (4.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.9) |
| (11.8) |
| (9.2) |
| (11.4) |
| (11.8) |
| (9.9) |
| (8.3) |
| (9.6) |
| (6.4) |
| (5.2) |
| (3.2) |
| (2.6) |
| (3.2) |
| (4.1) |
| (0.49) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 23.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.7) |
| (9.8) |
| (8.3) |
| (9.6) |
| (6.4) |
| (5.1) |
| - |
| (2.6) |
| - |
| - |