| (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 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||
| Revenues | - | - | - | - | - | - | - | - | - | - | - | - | 2.9 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||
| Research & Development | 47.0 | 42.6 | 31.7 | 25.0 | 16.8 | 21.1 | 12.0 | 3.9 | 11.8 | 21.7 | 18.9 | 12.4 | 6.4 | 4.0 | 5.9 |
| Operating Income | |||||||||||||||
| Operating Income | (70.1) | (64.5) | (49.2) | (43.6) | (67.1) | (47.5) | (34.4) | (7.8) | (21.4) | (30.4) | (28.7) | (20.9) | (7.6) | (7.1) | |
| Non-Operating | |||||||||||||||
| Interest Income | 6.5 | 6.4 | 4.2 | 2.7 | 2.2 | 2.0 | 0.5 | - | - | - | - | - | - | - | - |
| Tax & Net | |||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | (0.1) | 0.1 | (0.1) |
| Per Share | |||||||||||||||
| EPS Basic | (1.10) | (1.34) | (2.17) | (3.57) | (5.86) | (4.21) | - | - | - | - | - | - | - | - | - |
| EPS Diluted | |||||||||||||||
| Supplementary Data | |||||||||||||||
| EBITDA | - | (64.2) | (48.8) | (43.3) | (66.8) | (47.4) | (34.3) | (7.8) | (21.3) | (30.2) | (28.6) | (20.8) | (7.6) | (7.1) | (7.9) |
| EBIT | |||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 13.6 | 13.1 | 9.6 | 10.8 | 9.1 | 9.5 | 8.1 | 6.4 | 7.7 | 6.4 | 6.2 | 7.2 | 5.1 | 5.0 | 3.5 | 3.1 | 5.3 | 4.1 | 4.1 | 5.9 | 7.0 | 3.7 | 2.8 | 2.5 | 3.1 | 0.7 | 1.1 | 1.0 | 1.1 | 2.7 | 2.4 | 2.8 | 4.1 | 3.2 | 10.3 | 3.9 | 4.2 | 4.4 | 4.8 | 5.2 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 6.1 | 6.0 | 5.2 | 5.8 | 5.0 | 4.8 | 4.3 | 4.3 | 4.1 | 4.7 | 4.5 | 4.9 | 4.6 | 5.0 | 4.5 | 5.6 | 5.6 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 19.6 | 19.1 | 14.8 | 16.6 | 14.1 | 14.3 | 12.3 | 10.7 | 11.9 | 11.0 | 10.7 | 12.1 | 9.7 | 39.5 | 8.0 | 8.7 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (19.6) | (19.1) | (14.8) | (16.6) | (14.1) | (14.3) | (12.3) | (10.7) | (11.9) | (11.0) | (10.7) | (12.1) | (9.7) | (39.5) | (8.0) | (8.7) | (10.9) | (10.3) | (10.8) | (12.8) | (13.6) | (9.0) | (8.1) | (7.3) | (10.2) | (2.5) | (2.4) | (1.4) | (1.5) | (5.4) | (4.6) | (5.0) | (6.4) | (5.6) | (12.3) | (6.0) | (6.5) | (6.9) | (7.2) | (7.9) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 1.8 | 1.5 | 1.5 | 1.6 | 1.7 | 1.7 | 0.7 | 1.1 | 0.7 | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 1.8 | 1.8 | 1.5 | 1.6 | 2.2 | 1.5 | 1.1 | 1.1 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.5 | 0.3 | 0.2 | 0.1 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - |
| Net Income From Continuing Ops | (17.8) | (17.3) | (13.3) | (15.0) | (11.9) | (12.8) | (11.2) | (9.5) | (11.1) | (10.2) | (9.9) | (11.3) | (9.0) | (39.0) | (7.7) | (8.5) | (10.8) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (17.8) | (17.3) | (13.3) | (15.0) | (11.9) | (12.8) | (11.2) | (9.5) | (11.1) | (10.2) | (9.9) | (11.3) | (9.0) | (39.0) | (7.7) | (8.5) | (10.8) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (17.8) | (17.3) | (13.3) | (15.0) | (11.9) | (12.8) | (11.2) | (9.5) | (11.1) | (10.2) | (9.9) | (11.3) | (9.0) | (39.0) | (7.7) | (8.5) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (17.8) | (17.3) | (13.3) | (15.0) | (11.9) | (12.8) | (11.2) | (9.5) | (11.1) | (28.3) | (9.9) | (11.3) | 9.0 | (60.5) | (7.7) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.31) | - | (0.31) | (0.35) | (0.29) | - | (0.50) | (0.45) | (0.97) | - | (0.87) | (1.00) | (0.80) | - | (0.68) | (0.76) | (0.96) | - | (0.96) | (1.14) | (1.20) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.31) | - | (0.31) | (0.35) | (0.29) | - | (0.50) | (0.45) | (0.97) | - | (0.87) | (1.00) | (0.80) | - | (0.68) | (0.76) | (0.96) | - | ||||||||||||||||||||||
| Shares Basic | 57.5 | - | 42.3 | 42.3 | 40.7 | - | 22.3 | 21.2 | 11.4 | - | 11.3 | 11.3 | 11.3 | - | 11.3 | 11.3 | 11.3 | - | ||||||||||||||||||||||
| Shares Diluted | 57.5 | - | 42.3 | 42.3 | 40.7 | - | 22.3 | 21.2 | 11.4 | - | 11.3 | 11.3 | 11.3 | - | 11.3 | 11.3 | 11.3 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (19.5) | - | - | - | (14.0) | - | - | - | (11.8) | - | - | - | (9.7) | - | - | - | (10.8) | - | - | - | (13.5) | - | - | - | (10.1) | (2.8) | (2.3) | (1.4) | (1.4) | (5.4) | (4.6) | (5.0) | (6.3) | - | - | - | (6.4) | - | - | - |
| EBIT | (19.6) | (19.1) | (14.8) | (16.6) | (14.1) | (14.3) | (12.3) | (10.7) | (11.9) | (11.0) | (10.7) | (12.1) | (9.7) | (39.5) | (8.0) | (8.7) | (10.9) | (10.3) | (10.8) | |||||||||||||||||||||
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 23.0 | 21.9 | 17.5 | 18.6 | 20.7 | 26.4 | 22.5 | 4.0 | 9.5 | 8.7 | 9.8 | 8.5 | 4.1 | 3.1 | 2.1 |
| Depreciation & Amortization | - | 0.4 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 70.1 | 64.5 | 49.2 | 43.6 | 67.1 | 47.5 | 34.4 | 7.8 | 21.4 | 30.4 | 28.7 | 20.9 | 10.5 | 7.1 | 8.0 |
| (8.0) |
| Interest Expense |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| 0.9 |
| 0.9 |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 6.7 | 7.1 | 4.6 | 3.2 | 1.1 | 0.2 | 0.5 | 0.3 | 0.6 | 0.4 | 0.2 | (0.5) | 4.2 | (0.8) | 0.0 |
| Pre-Tax Income | - | 57.4 | 44.6 | - | - | - | - | (15.0) | (20.7) | (30.0) | (28.5) | (21.4) | (3.3) | - | - |
| Net Income From Continuing Ops | (63.3) | (57.4) | (44.6) | (40.4) | (66.0) | (47.3) | (34.0) | (7.8) | (20.7) | (30.0) | (28.5) | (21.4) | (3.3) | (7.9) | (8.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (63.3) | (57.4) | (44.6) | (40.4) | (66.0) | (47.3) | (34.0) | (7.8) | (20.7) | (30.0) | (28.5) | (21.4) | (3.3) | (7.9) | (8.0) |
| Net Income Attributable To Parent | (63.3) | (57.4) | (44.6) | (40.4) | (66.0) | (47.3) | (34.0) | (7.8) | (20.7) | (30.0) | (28.5) | (21.4) | (3.3) | (7.9) | (8.0) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | 6.7 | - | - | - | - | - |
| Net Income To Common Shareholders | (63.3) | (57.4) | (44.6) | (40.4) | (66.0) | 47.3 | 34.0 | (7.8) | (20.7) | (36.7) | (28.5) | (21.4) | (9.7) | (14.0) | (14.1) |
| (1.10) |
| (1.34) |
| (2.17) |
| (3.57) |
| (5.86) |
| (4.21) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 57.5 | 42.8 | 20.6 | 11.3 | 11.3 | - | - | - | - | - | - | - | - | - | - |
| Shares Diluted | 57.5 | 42.8 | 20.6 | 11.3 | 11.3 | 11.2 | - | - | - | - | - | - | - | - | - |
| (70.1) |
| (64.5) |
| (49.2) |
| (43.6) |
| (67.1) |
| (47.5) |
| (34.4) |
| (7.8) |
| (21.4) |
| (30.4) |
| (28.7) |
| (20.9) |
| (7.6) |
| (7.1) |
| (8.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.2 |
| 6.7 |
| 6.9 |
| 6.5 |
| 5.3 |
| 5.3 |
| 4.8 |
| 7.1 |
| 1.8 |
| 1.3 |
| 0.4 |
| 0.5 |
| 2.7 |
| 2.3 |
| 2.2 |
| 2.3 |
| 2.4 |
| 2.0 |
| 2.1 |
| 2.2 |
| 2.4 |
| 2.3 |
| 2.6 |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| (0.3) |
| 0.1 |
| 0.0 |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.9 |
| 10.3 |
| 10.8 |
| 12.8 |
| 13.6 |
| 9.0 |
| 8.1 |
| 7.3 |
| 10.2 |
| 2.5 |
| 2.4 |
| 1.4 |
| 1.5 |
| 5.4 |
| 4.6 |
| 5.0 |
| 6.4 |
| 5.6 |
| 12.3 |
| 6.0 |
| 6.5 |
| 6.9 |
| 7.2 |
| 7.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.3 |
| 0.0 |
| (0.0) |
| 0.4 |
| (0.0) |
| (0.1) |
| 0.1 |
| (0.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.2) |
| (10.8) |
| (12.8) |
| (13.5) |
| (8.8) |
| (8.0) |
| (7.1) |
| (10.1) |
| (2.5) |
| (2.4) |
| (1.4) |
| (1.5) |
| (5.3) |
| (4.5) |
| (4.9) |
| (6.1) |
| (5.6) |
| (12.3) |
| (5.6) |
| (6.5) |
| (7.0) |
| (7.1) |
| (7.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.2) |
| (10.8) |
| (12.8) |
| (13.5) |
| (8.8) |
| (8.0) |
| (7.1) |
| (10.1) |
| (2.5) |
| (2.4) |
| (1.4) |
| (1.5) |
| (5.3) |
| (4.5) |
| (4.9) |
| (6.1) |
| (5.6) |
| (12.3) |
| (5.6) |
| (6.5) |
| (7.0) |
| (7.1) |
| (7.9) |
| (10.8) |
| (10.2) |
| (10.8) |
| (12.8) |
| (13.5) |
| (8.8) |
| (8.0) |
| (7.1) |
| (10.1) |
| (2.5) |
| (2.4) |
| (1.4) |
| (1.5) |
| (5.3) |
| (4.5) |
| (4.9) |
| (6.1) |
| (5.6) |
| (12.3) |
| (5.6) |
| (6.5) |
| (7.0) |
| (7.1) |
| (7.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.7 |
| - |
| - |
| - |
| - |
| - |
| (8.5) |
| 10.8 |
| 84.3 |
| (10.8) |
| (12.8) |
| (13.5) |
| 59.1 |
| (8.0) |
| (7.1) |
| (10.1) |
| 5.6 |
| (1.5) |
| (5.3) |
| (6.5) |
| (5.3) |
| (4.5) |
| (4.9) |
| (6.1) |
| (5.6) |
| (19.1) |
| (5.6) |
| (6.5) |
| (7.0) |
| (7.1) |
| (7.9) |
| (0.96) |
| (1.14) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.2 |
| 11.2 |
| 11.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.2 |
| 11.2 |
| 11.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (12.8) |
| (13.6) |
| (9.0) |
| (8.1) |
| (7.3) |
| (10.2) |
| (2.5) |
| (2.4) |
| (1.4) |
| (1.5) |
| (5.4) |
| (4.6) |
| (5.0) |
| (6.4) |
| (5.6) |
| (12.3) |
| (6.0) |
| (6.5) |
| (6.9) |
| (7.2) |
| (7.9) |