| (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 | 1.0 | 0.0 | 0.0 | 0.0 | 3.0 | 1.6 | 1.1 | 0.7 | 0.7 | 0.2 | 0.1 | 0.4 | 0.2 | 0.1 | |||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||
| Revenues | 1.0 | 1.0 | 5.7 | 1.7 | 0.7 | 30.0 | 9.9 | 9.9 |
| Cost of Revenue | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||
| Research & Development | 36.3 | 35.3 | 67.2 | 74.3 | 82.9 | 56.6 | 37.5 | 29.2 |
| Selling General & Administrative | - | - | - | - | - | |||
| Operating Income | ||||||||
| Operating Income | (52.7) | (51.5) | (80.6) | (92.0) | (103.3) | (45.3) | (36.9) | (25.1) |
| Non-Operating | ||||||||
| Interest Income | - | 2.7 | 5.2 | 4.7 | 1.6 | 0.6 | 0.5 | 1.2 |
| Interest Expense | - | - | - | - | - | - | ||
| Tax & Net | ||||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (49.9) | (48.8) | (75.4) | (87.3) | (101.9) | |||
| Per Share | ||||||||
| EPS Basic | (0.44) | (0.70) | (1.49) | (2.05) | (2.41) | (1.07) | (2.36) | - |
| EPS Diluted | (0.44) | (0.70) | (1.49) | (2.05) | (2.41) | (1.07) | ||
| Supplementary Data | ||||||||
| EBITDA | - | (47.8) | (76.8) | (88.0) | (100.2) | (43.9) | (36.3) | (24.6) |
| EBIT | (52.7) | (51.5) | (80.6) | (92.0) | (103.3) | (45.3) | ||
| 0.0 |
| 30.1 |
| 1.9 |
| (4.2) |
| 2.3 |
| 1.3 |
| 2.4 |
| 3.2 |
| 3.0 |
| - |
| 1.8 |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||
| Research & Development | 10.9 | 9.1 | 7.6 | 8.7 | 9.9 | 15.4 | 16.3 | 19.2 | 16.3 | 15.2 | 24.2 | 18.2 | 16.7 | 21.9 | 18.9 | 23.0 | 19.2 | 16.2 | 15.1 | 14.9 | 10.3 | 9.8 | 11.8 | 7.8 | 8.1 | - | 7.9 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| General & Administrative | 4.6 | 4.3 | 4.1 | 4.4 | 4.5 | 4.2 | 4.6 | 5.3 | 4.9 | 4.4 | 5.1 | 4.7 | 5.1 | 4.8 | 6.6 | 4.7 | 5.0 | ||||||||||||
| Depreciation & Amortization | 0.9 | - | - | - | 0.9 | - | - | - | 1.0 | - | - | - | 1.0 | - | - | - | |||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Total Operating Expenses | 15.5 | 13.4 | 11.7 | 13.0 | 14.4 | 19.6 | 20.9 | 24.6 | 21.2 | 19.7 | 29.3 | 22.9 | 21.7 | 26.7 | 25.4 | 27.7 | |||||||||||||
| Operating Income | |||||||||||||||||||||||||||||
| Operating Income | (15.5) | (13.4) | (10.7) | (13.0) | (14.4) | (19.6) | (17.9) | (23.0) | (20.0) | (19.0) | (28.6) | (22.7) | (21.7) | (26.3) | (25.2) | (27.7) | (24.2) | 9.2 | (17.6) | (24.5) | (12.4) | (12.0) | (11.8) | (6.3) | (6.8) | - | (7.5) | - | - |
| Non-Operating | |||||||||||||||||||||||||||||
| Interest Income | 0.8 | - | - | - | 0.7 | - | - | - | - | - | - | - | - | - | - | - | - | (1.3) | 0.3 | 1.0 | 0.7 | 0.1 | 0.1 | 0.1 | 0.3 | - | 0.3 | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Other Non-Operating Income | 0.8 | 0.8 | 0.7 | 0.6 | 0.7 | 1.0 | 1.2 | 1.4 | 1.5 | 1.3 | 1.1 | 1.4 | 0.9 | 0.9 | 0.6 | 0.3 | (0.4) | ||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Tax & Net | |||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (14.8) | (12.6) | (10.1) | (12.5) | (13.7) | (18.7) | (16.7) | (21.6) | (18.5) | (17.7) | (27.5) | (21.3) | (20.7) | (25.4) | (24.6) | (27.4) | (24.5) | ||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income | (14.8) | (12.6) | (10.1) | (12.5) | (13.7) | (18.7) | (16.7) | (21.6) | (18.5) | (17.7) | (27.5) | (21.3) | (20.7) | (25.4) | (24.6) | (27.4) | (24.5) | ||||||||||||
| Net Income Attributable To Parent | (14.8) | (12.6) | (10.1) | (12.5) | (13.7) | (18.7) | (16.7) | (21.6) | (18.5) | (17.7) | (27.5) | (21.3) | (20.7) | (25.4) | (24.6) | (27.4) | |||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||
| Net Income To Common Shareholders | (14.8) | (12.6) | (10.1) | (12.5) | (13.7) | (18.7) | (16.7) | (21.6) | (18.5) | (17.7) | (27.5) | (21.3) | (20.7) | (25.4) | (24.6) | ||||||||||||||
| Per Share | |||||||||||||||||||||||||||||
| EPS Basic | (0.13) | - | (0.14) | (0.24) | (0.27) | - | (0.33) | (0.42) | (0.37) | - | (0.65) | (0.50) | (0.49) | - | (0.58) | (0.65) | (0.58) | - | (0.41) | (0.56) | (0.28) | - | (1.54) | (0.81) | - | - | - | - | - |
| EPS Diluted | (0.13) | - | (0.14) | (0.24) | (0.27) | - | (0.33) | (0.42) | (0.37) | - | (0.65) | (0.50) | (0.49) | - | (0.58) | (0.65) | (0.58) | - | |||||||||||
| Shares Basic | 112.2 | - | 72.2 | 51.0 | 51.0 | - | 50.8 | 50.8 | 50.6 | - | 42.5 | 42.5 | 42.4 | - | 42.4 | 42.4 | 42.4 | - | |||||||||||
| Shares Diluted | 112.2 | - | 72.2 | 51.0 | 51.0 | - | 50.8 | 50.8 | 50.6 | - | 42.5 | 42.5 | 42.4 | - | 42.4 | 42.4 | 42.4 | - | |||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||
| EBITDA | (14.7) | - | - | - | (13.5) | - | - | - | (19.1) | - | - | - | (20.6) | - | - | - | (23.7) | - | - | - | (12.2) | - | - | - | (6.6) | - | - | - | - |
| EBIT | (15.5) | (13.4) | (10.7) | (13.0) | (14.4) | (19.6) | (17.9) | (23.0) | (20.0) | (19.0) | (28.6) | (22.7) | (21.7) | (26.3) | (25.2) | (27.7) | (24.2) | 9.2 | (17.6) | ||||||||||
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - |
| General & Administrative | 17.4 | 17.2 | 19.1 | 19.3 | 21.1 | 18.7 | 9.4 | 5.7 |
| Depreciation & Amortization | - | 3.7 | 3.8 | 4.0 | 3.1 | 1.4 | 0.6 | 0.5 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 53.7 | 52.5 | 86.3 | 93.6 | 104.0 | 75.3 | 46.9 | 35.0 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.8 | 2.7 | 5.2 | 4.7 | 1.4 | 0.3 | 0.3 | 1.1 |
| Pre-Tax Income | - | - | - | - | - | - | - | - |
| (45.0) |
| (36.6) |
| (24.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - |
| Net Income | (49.9) | (48.8) | (75.4) | (87.3) | (101.9) | (45.0) | (36.6) | (24.0) |
| Net Income Attributable To Parent | (49.9) | (48.8) | (75.4) | (87.3) | (101.9) | (45.0) | (36.6) | (24.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (49.9) | (48.8) | (75.4) | (87.3) | (101.9) | (45.0) | (36.6) | (24.0) |
| (2.36) |
| - |
| Shares Basic | 112.2 | 69.6 | 50.8 | 42.6 | 42.4 | 42.0 | 15.5 | - |
| Shares Diluted | 112.2 | 69.6 | 50.8 | 42.6 | 42.4 | 42.0 | 15.5 | - |
| (36.9) |
| (25.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.6 |
| 4.3 |
| 5.4 |
| 4.4 |
| 3.6 |
| 2.5 |
| 1.7 |
| 1.6 |
| - |
| 1.4 |
| - |
| - |
| 0.5 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.2 |
| 20.8 |
| 19.5 |
| 20.3 |
| 14.7 |
| 13.4 |
| 14.3 |
| 9.5 |
| 9.7 |
| - |
| 9.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.4) |
| 0.2 |
| 0.9 |
| 0.6 |
| (0.0) |
| 0.0 |
| 0.1 |
| 0.2 |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.8 |
| (17.4) |
| (23.6) |
| (11.8) |
| (12.0) |
| (11.8) |
| (6.2) |
| (6.6) |
| (7.4) |
| (7.3) |
| (5.9) |
| (3.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.8 |
| (17.4) |
| (23.6) |
| (11.8) |
| (12.0) |
| (11.8) |
| (6.2) |
| (6.6) |
| (7.4) |
| (7.3) |
| (5.9) |
| (3.4) |
| (24.5) |
| 7.8 |
| (17.4) |
| (23.6) |
| (11.8) |
| (12.0) |
| (11.8) |
| (6.2) |
| (6.6) |
| (7.4) |
| (7.3) |
| (5.9) |
| (3.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (27.4) |
| (24.5) |
| 7.8 |
| (17.4) |
| (23.6) |
| (11.8) |
| (12.0) |
| (11.8) |
| (6.2) |
| (6.6) |
| (7.4) |
| (7.3) |
| (5.9) |
| (3.4) |
| (0.41) |
| (0.56) |
| (0.28) |
| - |
| (1.54) |
| (0.81) |
| - |
| - |
| - |
| - |
| - |
| 42.2 |
| 41.9 |
| 41.8 |
| - |
| 7.7 |
| 7.6 |
| - |
| - |
| - |
| - |
| - |
| 42.2 |
| 41.9 |
| 41.8 |
| - |
| 7.7 |
| 7.6 |
| - |
| - |
| - |
| - |
| - |
| (24.5) |
| (12.4) |
| (12.0) |
| (11.8) |
| (6.3) |
| (6.8) |
| - |
| (7.5) |
| - |
| - |