| (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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||
| Revenues | 6.2 | 1.4 | 10.6 | 13.8 | 158.6 | 22.6 | 4.9 | 4.8 | 4.2 | 2.8 | 3.3 | (2.5) | 5.2 | 3.3 | 2.9 | 3.2 | |||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||
| Revenues | 32.1 | 184.4 | 36.6 | 8.8 | 12.4 | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||
| Research & Development | 144.9 | 137.9 | 89.1 | 82.2 | 77.8 | 54.2 | 32.2 | 23.8 | 8.4 |
| Selling General & Administrative | - | 67.1 | 48.8 | - | |||||
| Operating Income | |||||||||
| Operating Income | (185.2) | (20.6) | (101.4) | (114.8) | (104.4) | (86.1) | (53.0) | (35.7) | (12.8) |
| Non-Operating | |||||||||
| Interest Income | 14.3 | 13.8 | 12.7 | 10.0 | - | - | 0.7 | 3.4 | 0.3 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | - | ||||
| Tax & Net | |||||||||
| Income Tax Expense | (1.3) | 0.0 | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (169.8) | (6.9) | (89.0) | (104.7) | |||||
| Per Share | |||||||||
| EPS Basic | (2.69) | (0.12) | (1.65) | (2.38) | (2.60) | (2.34) | - | - | - |
| EPS Diluted | (2.69) | (0.12) | (1.65) | (2.38) | (2.60) | ||||
| Supplementary Data | |||||||||
| EBITDA | - | (18.8) | (99.2) | (112.3) | (102.8) | (85.1) | (52.2) | (35.2) | (12.6) |
| EBIT | (185.2) | (20.6) | (101.4) | (114.8) | (104.4) | ||||
| 3.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||
| Research & Development | 39.7 | 41.7 | 37.7 | 25.9 | 32.7 | 23.4 | 22.2 | 21.1 | 22.4 | 21.8 | 20.3 | 20.6 | 19.6 | 21.1 | 20.1 | 18.4 | 18.3 | 15.8 | 14.4 | 14.1 | 9.9 | 8.9 | 8.1 | 8.0 | 7.2 | 7.1 | 6.5 | 6.0 | 4.1 | - | 2.2 | 1.9 | - |
| Selling General & Administrative | 20.0 | - | 16.0 | - | 14.7 | - | 12.7 | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| General & Administrative | - | - | - | 15.3 | 14.7 | 12.8 | 12.7 | 13.0 | 10.2 | 10.6 | 10.3 | 10.2 | 10.2 | 9.4 | 9.9 | 10.1 | 9.5 | ||||||||||||||||
| Depreciation & Amortization | 0.4 | - | - | - | 0.5 | - | - | - | 0.6 | - | - | - | 0.6 | - | - | - | |||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Total Operating Expenses | 59.6 | 62.8 | 53.7 | 41.1 | 47.3 | 36.3 | 34.9 | 34.2 | 32.6 | 32.4 | 30.5 | 30.8 | 29.8 | 30.4 | 30.1 | 28.5 | |||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||
| Operating Income | (53.4) | (61.4) | (43.1) | (27.3) | 111.2 | (13.7) | (30.0) | (29.3) | (28.4) | (29.6) | (27.2) | (33.3) | (24.7) | (27.2) | (27.1) | (25.2) | (24.8) | (24.5) | (22.7) | (22.0) | (16.8) | (14.6) | (13.7) | (13.0) | (11.7) | (11.1) | (9.8) | (8.4) | (6.3) | - | (3.3) | (3.0) | - |
| Non-Operating | |||||||||||||||||||||||||||||||||
| Interest Income | 3.4 | 3.6 | 3.5 | 3.8 | 2.9 | 3.0 | 3.5 | 3.7 | 2.4 | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.1 | 0.7 | 0.9 | 1.2 | 0.6 | 0.6 | - | - | - | - |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Other Non-Operating Income | 3.4 | 3.5 | 3.5 | 3.8 | 2.9 | 3.2 | 3.6 | 3.6 | 2.0 | 2.6 | 2.7 | 2.6 | 2.1 | 1.5 | 1.0 | 0.6 | 0.1 | ||||||||||||||||
| Pre-Tax Income | (50.0) | - | (39.6) | (23.5) | 114.2 | - | (26.4) | (25.7) | (26.4) | - | - | - | - | - | - | - | - | ||||||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | (1.3) | 0.0 | 1.3 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | (50.0) | (57.9) | (38.3) | (23.5) | 112.9 | (10.5) | (26.4) | (25.7) | (26.4) | (27.0) | (24.5) | (30.7) | (22.5) | (25.7) | (26.1) | (24.7) | (24.6) | ||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income | (50.0) | (57.9) | (38.3) | (23.5) | 112.9 | (10.5) | (26.4) | (25.7) | (26.4) | (27.0) | (24.5) | (30.7) | (22.5) | (25.7) | (26.1) | (24.7) | (24.6) | ||||||||||||||||
| Net Income Attributable To Parent | (50.0) | (57.9) | (38.3) | (23.5) | 112.9 | (10.5) | (26.4) | (25.7) | (26.4) | (27.0) | (24.5) | (30.7) | (22.5) | (25.7) | (26.1) | (24.7) | |||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||
| Net Income To Common Shareholders | (50.0) | (57.9) | (38.3) | (23.5) | 112.9 | (10.5) | (26.4) | (25.7) | (26.4) | (27.0) | (24.5) | (30.7) | (22.5) | (25.7) | (26.1) | ||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||
| EPS Basic | (0.79) | - | (0.65) | (0.40) | 1.95 | - | (0.47) | (0.46) | (0.57) | - | (0.55) | (0.69) | (0.53) | - | (0.66) | (0.63) | (0.66) | - | (0.61) | (0.60) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.79) | - | (0.65) | (0.40) | 1.90 | - | (0.47) | (0.46) | (0.57) | - | (0.55) | (0.69) | (0.53) | - | (0.66) | (0.63) | (0.66) | - | |||||||||||||||
| Shares Basic | 63.1 | - | 58.6 | 58.4 | 57.9 | - | 56.3 | 55.8 | 46.2 | - | 44.3 | 44.2 | 42.5 | - | 39.4 | 39.3 | 37.4 | - | |||||||||||||||
| Shares Diluted | 63.1 | - | 58.6 | 58.4 | 59.4 | - | 56.3 | 55.8 | 46.2 | - | 44.3 | 44.2 | 42.5 | - | 39.4 | 39.3 | 37.4 | - | |||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||
| EBITDA | (53.0) | - | - | - | 111.7 | - | - | - | (27.8) | - | - | - | (24.1) | - | - | - | (24.5) | - | - | - | (16.6) | - | - | - | (11.5) | - | - | - | (6.2) | - | - | - | - |
| EBIT | (53.4) | (61.4) | (43.1) | (27.3) | 111.2 | (13.7) | (30.0) | (29.3) | (28.4) | (29.6) | (27.2) | (33.3) | (24.7) | (27.2) | (27.1) | (25.2) | (24.8) | (24.5) | (22.7) | ||||||||||||||
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | 48.8 | 41.3 | 38.9 | 31.9 | 20.8 | 11.9 | 4.4 |
| Depreciation & Amortization | - | 1.8 | 2.2 | 2.5 | 1.5 | 1.0 | 0.9 | 0.5 | 0.2 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 217.3 | 205.0 | 137.9 | 123.6 | 116.8 | 86.1 | 53.0 | 35.7 | 12.8 |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 14.2 | 13.7 | 12.4 | 10.1 | 3.3 | 0.3 | 0.8 | 3.4 | 0.3 |
| Pre-Tax Income | - | - | - | - | - | - | - | - | - |
| (101.1) |
| (85.8) |
| (52.2) |
| (32.3) |
| (12.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - |
| Net Income | (169.8) | (6.9) | (89.0) | (104.7) | (101.1) | (85.8) | (52.2) | (32.3) | (12.5) |
| Net Income Attributable To Parent | (169.8) | (6.9) | (89.0) | (104.7) | (101.1) | (85.8) | (52.2) | (32.3) | (12.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (169.8) | (6.9) | (89.0) | (104.7) | (101.1) | (85.8) | (52.2) | (32.3) | (12.5) |
| (2.34) |
| - |
| - |
| - |
| Shares Basic | 63.1 | 59.2 | 54.0 | 44.0 | 38.9 | 36.7 | - | - | - |
| Shares Diluted | 63.1 | 59.2 | 54.0 | 44.0 | 38.9 | 36.7 | - | - | - |
| (86.1) |
| (53.0) |
| (35.7) |
| (12.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.7 |
| 8.3 |
| 7.9 |
| 6.9 |
| 5.7 |
| 5.6 |
| 5.0 |
| 4.5 |
| 4.0 |
| 3.3 |
| 2.4 |
| 2.2 |
| - |
| 1.1 |
| 1.1 |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.8 |
| 24.5 |
| 22.7 |
| 22.0 |
| 16.8 |
| 14.6 |
| 13.7 |
| 13.0 |
| 11.7 |
| 11.1 |
| 9.8 |
| 8.4 |
| 6.3 |
| - |
| 3.3 |
| 3.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.7 |
| 0.9 |
| 1.2 |
| 0.6 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.4) |
| (22.6) |
| (22.0) |
| (16.8) |
| (14.6) |
| (13.7) |
| (13.0) |
| (11.0) |
| (10.2) |
| (8.6) |
| (7.8) |
| (5.7) |
| (4.3) |
| (3.3) |
| (3.0) |
| (1.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.4) |
| (22.6) |
| (22.0) |
| (16.8) |
| (14.6) |
| (13.7) |
| (13.0) |
| (11.0) |
| (10.2) |
| (8.6) |
| (7.8) |
| (5.7) |
| (4.3) |
| (3.3) |
| (3.0) |
| (1.9) |
| (24.6) |
| (24.4) |
| (22.6) |
| (22.0) |
| (16.8) |
| (14.6) |
| (13.7) |
| (13.0) |
| (11.0) |
| (10.2) |
| (8.6) |
| (7.8) |
| (5.7) |
| (4.3) |
| (3.3) |
| (3.0) |
| (1.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.7) |
| (24.6) |
| (24.4) |
| (22.6) |
| (22.0) |
| (16.8) |
| (14.6) |
| (13.7) |
| (13.0) |
| (11.0) |
| (10.2) |
| (8.6) |
| (7.8) |
| (5.7) |
| (4.3) |
| (3.3) |
| (3.0) |
| (1.9) |
| (0.60) |
| (0.60) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 36.8 |
| 36.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 36.7 |
| 36.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.0) |
| (16.8) |
| (14.6) |
| (13.7) |
| (13.0) |
| (11.7) |
| (11.1) |
| (9.8) |
| (8.4) |
| (6.3) |
| - |
| (3.3) |
| (3.0) |
| - |