| (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 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q3 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||
| Revenues | 0.3 | 41.3 | 5.4 | 14.2 | 5.9 | 15.0 | 13.5 | 10.2 | 9.3 | 73.5 | 25.5 | 2.7 | 2.1 | 47.4 | 2.0 | 2.0 | ||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | 61.2 | 66.8 | 48.0 | 103.8 | 53.5 | 18.3 | 9.3 | 18.1 | 4.0 | 2.0 | 0.3 | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||
| Research & Development | 27.8 | 38.5 | 96.8 | 51.4 | 47.6 | 64.5 | 67.0 | 65.8 | 33.9 | 32.9 | 26.3 | 11.1 |
| Selling General & Administrative | - | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | 13.5 | 6.3 | (73.4) | 21.5 | (42.2) | (88.0) | (79.1) | (63.2) | (42.8) | (41.7) | (33.2) | (13.3) |
| Non-Operating | ||||||||||||
| Interest Income | 2.0 | 2.5 | 4.7 | 3.9 | 1.1 | 0.3 | 0.4 | 1.3 | 1.1 | - | - | - |
| Interest Expense | - | - | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | - | 0.3 | 0.0 | 2.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 15.2 | |||||||||||
| Per Share | ||||||||||||
| EPS Basic | 0.27 | 0.15 | (1.27) | 0.43 | (1.23) | (2.91) | - | - | - | - | - | - |
| EPS Diluted | 0.27 | 0.15 | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | - | 6.3 | (73.4) | 21.8 | (41.3) | (87.3) | (78.4) | (62.5) | (42.4) | (41.4) | (32.9) | (13.3) |
| EBIT | 13.5 | 6.3 | ||||||||||
| 2.1 |
| 2.7 |
| 3.1 |
| 5.1 |
| 7.3 |
| 1.9 |
| 4.0 |
| 1.7 |
| 1.7 |
| 3.6 |
| 4.6 |
| 2.2 |
| 7.7 |
| 1.7 |
| 0.7 |
| 0.5 |
| 1.2 |
| - |
| 0.6 |
| 0.2 |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||
| Research & Development | 2.9 | 5.6 | 8.6 | 10.7 | 13.6 | 28.8 | 26.9 | 23.7 | 17.3 | 16.6 | 16.4 | 9.5 | 9.0 | 15.1 | 7.4 | 8.2 | 17.0 | 17.2 | 14.4 | 14.5 | 18.4 | 13.2 | 17.7 | 15.7 | 20.4 | 25.7 | 18.5 | 12.0 | 9.5 | 9.1 | 8.5 | 7.4 | 8.9 | 12.5 | 6.9 | 7.5 | 6.0 | 6.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| General & Administrative | 4.9 | 4.3 | 4.2 | 5.9 | 6.8 | 7.1 | 5.2 | 5.5 | 5.9 | 6.4 | 5.7 | 6.1 | 7.3 | 6.5 | 6.6 | 8.1 | 15.3 | |||||||||||||||||||||
| Depreciation & Amortization | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.1 | - | - | - | 0.2 | |||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Total Operating Expenses | 7.8 | 9.9 | 13.4 | 16.6 | 20.6 | 36.8 | 32.1 | 29.3 | 23.2 | 23.0 | 27.4 | 15.6 | 16.3 | 21.5 | 13.8 | 28.1 | ||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Income | (7.5) | 31.4 | (7.9) | (2.4) | (14.7) | (21.7) | (18.6) | (19.1) | (14.0) | 50.5 | (1.9) | (12.9) | (14.2) | 25.9 | (11.8) | (26.1) | (30.2) | (27.5) | (22.5) | (18.5) | (19.4) | (18.8) | (19.0) | (18.5) | (22.8) | (25.9) | (18.0) | (13.7) | (5.7) | (11.1) | (10.9) | (10.0) | (10.8) | (14.0) | (10.0) | (10.2) | (7.6) | (7.9) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.3 | 0.4 | 0.5 | 0.7 | 0.9 | 1.0 | 1.2 | 1.2 | 1.3 | 1.0 | 1.0 | 1.0 | 1.0 | 0.7 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.2 | 0.3 | 0.4 | 0.4 | 0.2 | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Other Non-Operating Income | 0.3 | 0.4 | 0.5 | 0.7 | 0.9 | 1.1 | 1.2 | 1.2 | 1.3 | 1.0 | 0.9 | 1.0 | 1.0 | 0.8 | 0.2 | (2.6) | (2.6) | |||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | 0.0 | - | - | - | 0.3 | - | - | - | 2.2 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (7.2) | 31.5 | (7.4) | (1.7) | (13.9) | (20.9) | (17.1) | (17.9) | (12.7) | 51.2 | (3.2) | (11.9) | (13.3) | 26.8 | (11.7) | (28.7) | (32.8) | |||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Net Income | (7.2) | 31.5 | (7.4) | (1.7) | (13.9) | (20.9) | (17.1) | (17.9) | (12.7) | 51.2 | (3.2) | (11.9) | (13.3) | 26.8 | (11.7) | (28.7) | (32.8) | |||||||||||||||||||||
| Net Income Attributable To Parent | (7.2) | 31.5 | (7.4) | (1.7) | (13.9) | (20.9) | (17.1) | (17.9) | (12.7) | 51.2 | (3.2) | (11.9) | (13.3) | 26.8 | (11.7) | (28.7) | ||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||
| Net Income To Common Shareholders | (7.2) | 31.5 | (7.4) | (1.7) | (13.9) | (20.9) | (17.1) | (17.9) | (12.7) | 51.2 | (3.2) | (11.9) | (13.3) | 119.6 | (11.7) | |||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.13) | - | (0.13) | (0.03) | (0.25) | - | (0.32) | (0.33) | (0.24) | - | (0.06) | (0.23) | (0.25) | - | (0.33) | (0.87) | (1.01) | - | (0.70) | (0.63) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.13) | - | (0.13) | (0.03) | (0.25) | - | (0.32) | (0.33) | (0.24) | - | (0.06) | (0.23) | (0.25) | - | (0.33) | (0.87) | (1.01) | - | ||||||||||||||||||||
| Shares Basic | 57.3 | - | 56.3 | 56.0 | 55.4 | - | 54.1 | 54.0 | 53.5 | - | 52.7 | 52.6 | 52.5 | - | 35.9 | 33.0 | 32.6 | - | ||||||||||||||||||||
| Shares Diluted | 57.3 | - | 56.3 | 56.0 | 55.4 | - | 54.1 | 54.0 | 53.5 | - | 52.7 | 52.6 | 52.5 | - | 35.9 | 33.0 | 32.6 | - | ||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||
| EBITDA | - | - | - | - | - | - | - | - | (14.0) | - | - | - | (14.1) | - | - | - | (30.0) | - | - | - | (19.2) | - | - | - | (22.6) | - | - | - | (5.5) | - | - | - | (10.7) | - | - | - | (7.5) | - |
| EBIT | (7.5) | 31.4 | (7.9) | (2.4) | (14.7) | (21.7) | (18.6) | (19.1) | (14.0) | 50.5 | (1.9) | (12.9) | (14.2) | 25.9 | (11.8) | (26.1) | (30.2) | (27.5) | (22.5) | |||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 19.2 | 21.2 | 23.7 | 25.6 | 36.5 | 41.7 | 21.4 | 15.6 | 12.9 | 10.8 | 7.2 | 2.2 |
| Depreciation & Amortization | - | 0.0 | 0.0 | 0.4 | 0.9 | 0.6 | 0.8 | 0.8 | 0.4 | 0.4 | 0.3 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 47.7 | 60.5 | 121.3 | 82.3 | 95.7 | 106.2 | 88.4 | 81.4 | 46.8 | 43.7 | 33.6 | 13.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.0 | 2.5 | 4.8 | 3.9 | (4.2) | (1.8) | 0.8 | 2.3 | 1.1 | 1.8 | 0.6 | 0.2 |
| Pre-Tax Income | - | 8.8 | (68.6) | 25.4 | (46.4) | (89.8) | (78.3) | (60.9) | (41.7) | (39.9) | (32.6) | (13.2) |
| 8.6 |
| (68.6) |
| 22.8 |
| (46.4) |
| (89.8) |
| (78.3) |
| (60.9) |
| (41.7) |
| (39.9) |
| (32.6) |
| (13.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | 15.2 | 8.6 | (68.6) | 22.8 | (46.4) | (89.8) | (78.3) | (60.9) | (41.7) | (39.9) | (32.6) | (13.2) |
| Net Income Attributable To Parent | 15.2 | 8.6 | (68.6) | 22.8 | (46.4) | (89.8) | (78.3) | (60.9) | (41.7) | (38.7) | (25.5) | (10.2) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | (1.1) | (7.2) | (3.0) |
| Less: Preferred Dividends | - | - | - | - | - | 0.0 | 0.5 | - | - | - | - | - |
| Net Income To Common Shareholders | 15.2 | 8.6 | (68.6) | 22.8 | 46.4 | (89.8) | (78.8) | (60.9) | (41.7) | (46.1) | (29.9) | (13.4) |
| (1.27) |
| 0.43 |
| (1.23) |
| (2.91) |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 57.3 | 56.0 | 54.0 | 52.7 | 37.6 | 30.9 | - | - | - | - | - | - |
| Shares Diluted | 57.3 | 59.0 | 54.0 | 53.0 | 37.6 | 30.9 | - | - | - | - | - | - |
| (73.4) |
| 21.5 |
| (42.2) |
| (88.0) |
| (79.1) |
| (63.2) |
| (42.8) |
| (41.7) |
| (33.2) |
| (13.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 13.0 |
| 11.2 |
| 9.2 |
| 8.3 |
| 7.5 |
| 5.3 |
| 4.5 |
| 4.1 |
| 3.8 |
| 4.1 |
| 3.8 |
| 3.9 |
| 3.6 |
| 3.1 |
| 3.1 |
| 3.0 |
| 2.5 |
| 3.7 |
| 3.0 |
| 1.7 |
| 1.9 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.3 |
| 30.2 |
| 25.6 |
| 23.7 |
| 26.7 |
| 20.7 |
| 23.0 |
| 20.2 |
| 24.5 |
| 29.5 |
| 22.6 |
| 15.8 |
| 13.4 |
| 12.8 |
| 11.6 |
| 10.4 |
| 12.0 |
| 15.0 |
| 10.6 |
| 10.4 |
| 7.7 |
| 7.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.7) |
| 0.0 |
| (0.0) |
| (0.0) |
| 0.2 |
| 0.1 |
| 1.0 |
| (0.4) |
| 0.9 |
| 0.3 |
| 0.5 |
| 0.6 |
| 0.5 |
| 0.5 |
| 0.0 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.4 |
| 1.2 |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (29.2) |
| (22.5) |
| (18.6) |
| (19.4) |
| (18.6) |
| (18.9) |
| (17.5) |
| (23.3) |
| (25.0) |
| (17.7) |
| (13.2) |
| (5.1) |
| (10.6) |
| (10.5) |
| (10.0) |
| (10.6) |
| (13.9) |
| (9.8) |
| (9.8) |
| (6.4) |
| (7.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (29.2) |
| (22.5) |
| (18.6) |
| (19.4) |
| (18.6) |
| (18.9) |
| (17.5) |
| (23.3) |
| (25.0) |
| (17.7) |
| (13.2) |
| (5.1) |
| (10.6) |
| (10.5) |
| (10.0) |
| (10.6) |
| (13.9) |
| (9.8) |
| (9.8) |
| (6.4) |
| (7.9) |
| (32.8) |
| (29.3) |
| (22.5) |
| (18.6) |
| (19.4) |
| (18.6) |
| (18.9) |
| (17.5) |
| (23.3) |
| (24.9) |
| (17.7) |
| (13.2) |
| (5.1) |
| (10.6) |
| (10.5) |
| (10.0) |
| (10.6) |
| (13.9) |
| (9.8) |
| (9.2) |
| (5.9) |
| (6.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.0) |
| (0.0) |
| (0.6) |
| (0.5) |
| (1.6) |
| - |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (28.7) |
| (32.8) |
| (29.2) |
| (22.5) |
| (18.6) |
| (19.4) |
| (18.6) |
| (18.9) |
| (17.5) |
| (23.8) |
| (25.0) |
| (17.7) |
| (13.2) |
| (5.1) |
| (10.6) |
| (10.5) |
| (10.0) |
| (10.6) |
| (14.8) |
| (12.1) |
| (12.1) |
| (7.1) |
| (7.4) |
| (0.70) |
| (0.63) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.1 |
| 29.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 32.1 |
| 29.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (18.5) |
| (19.4) |
| (18.8) |
| (19.0) |
| (18.5) |
| (22.8) |
| (25.9) |
| (18.0) |
| (13.7) |
| (5.7) |
| (11.1) |
| (10.9) |
| (10.0) |
| (10.8) |
| (14.0) |
| (10.0) |
| (10.2) |
| (7.6) |
| (7.9) |