| (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 | 22.7 | 28.1 | 32.5 | 15.7 | 8.0 | 86.6 | 2.1 | 0.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.5 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 99.0 | 84.3 | 89.1 | 0.0 | 1.3 | 5.5 | - |
| Cost of Revenue | - | - | - | 0.0 | - | - | - |
| Gross Profit | - | - | - | 0.0 | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 14.6 | 13.2 | 19.6 | 20.3 | 18.4 | 20.3 | 24.6 |
| Selling General & Administrative | 261.2 | 230.1 | 71.7 | 47.3 | 0.6 | ||
| Operating Income | |||||||
| Operating Income | (202.4) | (179.4) | (3.1) | (67.5) | (35.5) | (19.5) | (32.9) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | (0.1) | 0.3 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (198.0) | (171.3) | 8.0 | (54.4) | (34.7) | (20.2) | |
| Per Share | |||||||
| EPS Basic | (1.99) | (1.74) | 0.08 | (0.57) | (0.87) | (0.70) | - |
| EPS Diluted | (1.99) | (1.74) | 0.08 | (0.57) | (0.87) | (0.70) | - |
| Supplementary Data | |||||||
| EBITDA | - | (178.1) | (3.0) | (67.4) | (35.4) | (18.7) | (32.3) |
| EBIT | (202.4) | (179.4) | (3.1) | (67.5) | (35.5) | (19.5) | (32.9) |
| 0.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 4.3 | 3.4 | 2.8 | 4.0 | 3.0 | 3.0 | 4.4 | 6.9 | 5.2 | 3.4 | 3.0 | 7.3 | 6.6 | 4.7 | 3.9 | 4.4 | 5.4 | (25.4) | 15.6 | 17.7 | 12.2 | 8.8 | 6.2 | 5.1 | 4.4 |
| Selling General & Administrative | 72.2 | 60.0 | 74.8 | 54.3 | 41.1 | 35.5 | 19.3 | 8.9 | 8.0 | 31.8 | 15.0 | 0.2 | 0.3 | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | - | - | - | - | - | - | - | 8.9 | 8.0 | 6.8 | 15.0 | 13.3 | 12.2 | 10.7 | 2.9 | 2.5 | 2.3 | ||||||||
| Depreciation & Amortization | 0.4 | - | - | - | 0.3 | - | 0.1 | - | 0.0 | - | 0.1 | - | 0.0 | - | - | - | |||||||||
| Amortization of Intangibles | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 82.8 | 69.6 | 85.7 | 63.3 | 45.2 | 39.4 | 23.8 | 15.8 | 13.2 | 10.2 | 18.0 | 20.6 | 18.7 | 15.4 | 6.8 | 6.8 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (60.1) | (41.5) | (53.2) | (47.6) | (37.2) | 47.2 | (21.7) | (15.3) | (13.2) | (10.2) | (18.0) | (20.6) | (18.7) | (15.4) | (6.6) | (6.3) | (7.1) | 46.6 | (22.7) | (24.5) | (18.9) | (13.1) | (8.1) | (6.5) | (5.2) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (0.5) | 0.1 | 2.0 | 2.7 | 3.2 | 3.0 | 2.6 | 2.8 | 2.9 | 3.1 | 3.1 | 3.2 | 3.8 | 1.0 | 0.0 | (0.1) | (0.2) | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (60.6) | (41.3) | (51.2) | (44.9) | (33.9) | 49.9 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | (7.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (60.6) | (41.3) | (51.2) | (44.9) | (33.9) | 49.9 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | (7.3) | ||||||||
| Net Income Attributable To Parent | (60.6) | (41.3) | (51.2) | (44.9) | (33.9) | 49.9 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | (6.4) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (60.6) | (41.3) | (51.2) | (44.9) | (33.9) | 49.9 | (19.1) | (12.5) | (10.3) | (7.2) | (14.9) | (17.4) | (15.0) | (14.4) | (6.6) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.61) | - | (0.52) | (0.46) | (0.35) | - | (0.20) | (0.13) | (0.11) | - | (0.16) | (0.18) | (0.16) | - | (0.21) | (0.21) | (0.24) | - | (0.65) | - | - | - | - | - | - |
| EPS Diluted | (0.61) | - | (0.52) | (0.46) | (0.35) | - | (0.20) | (0.13) | (0.11) | - | (0.16) | (0.18) | (0.16) | - | (0.21) | (0.21) | (0.24) | - | |||||||
| Shares Basic | 99.3 | - | 98.8 | 98.4 | 98.1 | - | 97.0 | 96.8 | 96.5 | - | 95.6 | 94.9 | 94.2 | - | 30.8 | 30.6 | 30.4 | - | |||||||
| Shares Diluted | 99.3 | - | 98.8 | 98.4 | 98.1 | - | 97.0 | 96.8 | 96.5 | - | 95.6 | 94.9 | 94.2 | - | 30.8 | 30.6 | 30.4 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (59.7) | - | - | - | (36.9) | - | (21.6) | - | (13.2) | - | (17.9) | - | (18.7) | - | - | - | (6.9) | - | - | - | (18.7) | - | - | - | (5.1) |
| EBIT | (60.1) | (41.5) | (53.2) | (47.6) | (37.2) | 47.2 | (21.7) | (15.3) | (13.2) | (10.2) | (18.0) | (20.6) | (18.7) | (15.4) | (6.6) | (6.3) | (7.1) | 46.6 | (22.7) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | - | - | - | 47.3 | 18.5 | 4.7 | 8.3 |
| Depreciation & Amortization | - | 1.4 | 0.1 | 0.1 | 0.1 | 0.8 | 0.6 |
| Amortization of Intangibles | 1.0 | 0.8 | 0.1 | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 301.4 | 263.7 | 92.2 | 67.6 | 36.8 | 25.0 | 32.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 4.4 | 8.1 | 11.4 | 13.2 | 0.8 | (0.8) | - |
| Pre-Tax Income | - | (171.4) | 8.3 | (54.4) | - | - | - |
| (32.9) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (198.0) | (171.3) | 8.0 | (54.4) | (34.7) | (20.2) | (32.9) |
| Net Income Attributable To Parent | (198.0) | (171.3) | 8.0 | (54.4) | (34.7) | (20.2) | (32.9) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (198.0) | (171.3) | 8.0 | (54.4) | (34.7) | (20.2) | (32.9) |
| Shares Basic | 99.3 | 98.6 | 96.9 | 95.2 | 40.0 | 28.9 | - |
| Shares Diluted | 99.3 | 98.6 | 102.4 | 95.2 | 40.0 | 28.9 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.8) |
| 7.0 |
| 6.8 |
| 6.6 |
| 4.3 |
| 1.9 |
| 1.3 |
| 0.8 |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.8 |
| (41.1) |
| 22.7 |
| 24.5 |
| 18.9 |
| 13.1 |
| 8.1 |
| 6.5 |
| 5.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 45.8 |
| (22.7) |
| (24.5) |
| (18.9) |
| (13.1) |
| (8.1) |
| (6.5) |
| (5.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 45.8 |
| (22.7) |
| (24.5) |
| (18.9) |
| (13.1) |
| (8.1) |
| (6.5) |
| (5.3) |
| (7.3) |
| 45.8 |
| (22.7) |
| (24.5) |
| (18.9) |
| (13.1) |
| (8.1) |
| (6.5) |
| (5.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.4) |
| (7.3) |
| 45.8 |
| (22.7) |
| (24.5) |
| (18.9) |
| (13.1) |
| (8.1) |
| (6.5) |
| (5.3) |
| (0.65) |
| - |
| - |
| - |
| - |
| - |
| - |
| 35.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| 35.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.5) |
| (18.9) |
| (13.1) |
| (8.1) |
| (6.5) |
| (5.2) |