| (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 | Q3 FY 20 | Q2 FY 20 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||
| Revenues | 1.0 | 2.6 | 2.5 | 3.1 | 2.2 | 0.7 | 1.0 | 0.5 | 0.6 | 7.2 | 3.9 | 3.1 | 6.8 | 3.1 | 3.4 | 4.1 | |||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 9.1 | 10.3 | 2.8 | 21.0 | 13.5 | 10.1 | 1.1 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 106.3 | 114.2 | 107.4 | 88.2 | 59.8 | 45.0 | 20.6 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (128.7) | (135.8) | (134.8) | (93.5) | (66.6) | (48.6) | (26.2) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | 2.8 | 2.8 | 3.7 | 3.8 | 1.2 | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | - | - | - | - | - |
| Net Income From Continuing Ops | (124.3) | (129.8) | (127.5) | (89.2) | (66.2) | (48.6) | |
| Per Share | |||||||
| EPS Basic | (0.96) | (1.00) | (1.14) | (1.36) | (2.75) | (4.17) | - |
| EPS Diluted | (0.96) | (1.00) | (1.14) | (1.36) | (2.75) | (4.17) | - |
| Supplementary Data | |||||||
| EBITDA | - | (132.9) | (130.7) | (88.1) | (61.5) | (45.3) | (25.0) |
| EBIT | (128.7) | (135.8) | (134.8) | (93.5) | (66.6) | (48.6) | (26.2) |
| 3.0 |
| 2.9 |
| 2.4 |
| 2.8 |
| 2.0 |
| 0.3 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||
| Research & Development | 21.9 | 20.0 | 31.7 | 32.6 | 29.8 | 29.4 | 26.3 | 26.9 | 24.9 | 22.4 | 22.7 | 21.2 | 21.8 | 15.6 | 15.0 | 14.5 | 14.7 | 12.6 | 14.2 | 10.8 | 7.3 | 5.8 | 4.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| General & Administrative | 8.2 | 6.4 | 7.9 | 9.1 | 8.6 | 8.0 | 7.4 | 7.8 | 7.1 | 6.2 | 5.9 | 6.5 | 7.8 | 6.1 | 4.9 | 4.8 | 4.5 | ||||||
| Depreciation & Amortization | 0.7 | - | - | - | 0.7 | - | - | - | 1.3 | - | - | - | 1.5 | - | - | - | |||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Total Operating Expenses | 30.1 | 26.4 | 39.6 | 41.7 | 38.4 | 37.4 | 33.7 | 34.7 | 31.9 | 28.6 | 28.6 | 27.8 | 29.5 | 21.7 | 19.9 | 19.3 | |||||||
| Operating Income | |||||||||||||||||||||||
| Operating Income | (29.1) | (23.9) | (37.1) | (38.7) | (36.3) | (36.7) | (32.6) | (34.1) | (31.4) | (21.4) | (24.7) | (24.6) | (22.7) | (18.6) | (16.6) | (15.2) | (16.2) | (14.2) | (15.8) | (10.7) | (7.9) | (7.2) | (5.6) |
| Non-Operating | |||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | - | - | 0.0 |
| Interest Expense | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 | 1.0 | 1.0 | 1.0 | 0.9 | 1.0 | 1.0 | 1.0 | - | 0.2 | - | - | - | |||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Other Non-Operating Income | 0.5 | 0.9 | 1.3 | 1.7 | 2.1 | 0.9 | 2.7 | 2.5 | 1.2 | 1.7 | 1.8 | 0.6 | 0.2 | (0.1) | 0.3 | 0.1 | 0.0 | ||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Tax & Net | |||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (28.7) | (23.0) | (35.7) | (37.0) | (34.1) | (35.8) | (29.9) | (31.7) | (30.1) | (19.6) | (23.0) | (24.0) | (22.6) | (18.7) | (16.2) | (15.1) | (16.2) | ||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income | (28.7) | (23.0) | (35.7) | (37.0) | (34.1) | (35.8) | (29.9) | (31.7) | (30.1) | (19.6) | (23.0) | (24.0) | (22.6) | (18.7) | (16.2) | (15.1) | (16.2) | ||||||
| Net Income Attributable To Parent | (28.7) | (23.0) | (35.7) | (37.0) | (34.1) | (35.8) | (29.9) | (31.7) | (30.1) | (19.6) | (23.0) | (24.0) | (22.6) | (18.7) | (16.2) | (15.1) | |||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||
| Net Income To Common Shareholders | (28.7) | (23.0) | (35.7) | (37.0) | (34.1) | (35.8) | (29.9) | (31.7) | (30.1) | (19.6) | (23.0) | (24.0) | (22.6) | (18.7) | (16.2) | ||||||||
| Per Share | |||||||||||||||||||||||
| EPS Basic | (0.22) | - | (0.28) | (0.28) | (0.26) | - | (0.25) | (0.28) | (0.32) | - | (0.24) | (0.51) | (0.93) | - | (0.67) | (0.63) | (0.67) | - | (0.80) | (7.69) | - | - | - |
| EPS Diluted | (0.22) | - | (0.28) | (0.28) | (0.26) | - | (0.25) | (0.28) | (0.32) | - | (0.24) | (0.51) | (0.93) | - | (0.67) | (0.63) | (0.67) | - | |||||
| Shares Basic | 129.9 | - | 129.8 | 129.7 | 129.7 | - | 118.7 | 113.4 | 94.9 | - | 94.8 | 47.2 | 24.2 | - | 24.1 | 24.1 | 24.0 | - | |||||
| Shares Diluted | 129.9 | - | 129.8 | 129.7 | 129.7 | - | 118.7 | 113.4 | 94.9 | - | 94.8 | 47.2 | 24.2 | - | 24.1 | 24.1 | 24.0 | - | |||||
| Supplementary Data | |||||||||||||||||||||||
| EBITDA | (28.4) | - | - | - | (35.6) | - | - | - | (30.1) | - | - | - | (21.2) | - | - | - | (15.0) | - | - | - | (7.4) | - | - |
| EBIT | (29.1) | (23.9) | (37.1) | (38.7) | (36.3) | (36.7) | (32.6) | (34.1) | (31.4) | (21.4) | (24.7) | (24.6) | (22.7) | (18.6) | (16.6) | (15.2) | (16.2) | (14.2) | (15.8) | ||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 31.6 | 32.0 | 30.3 | 26.4 | 20.4 | 13.8 | 6.7 |
| Depreciation & Amortization | - | 2.9 | 4.1 | 5.4 | 5.1 | 3.3 | 1.2 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 137.8 | 146.1 | 137.6 | 114.5 | 80.2 | 58.8 | 27.3 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 4.4 | 6.0 | 7.3 | 4.2 | 0.4 | 0.0 | - |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (26.1) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (124.3) | (129.8) | (127.5) | (89.2) | (66.2) | (48.6) | (26.1) |
| Net Income Attributable To Parent | (124.3) | (129.8) | (127.5) | (89.2) | (66.2) | (48.6) | (26.1) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (124.3) | (129.8) | (127.5) | (89.2) | (66.2) | (48.6) | (26.1) |
| Shares Basic | 129.9 | 129.8 | 112.0 | 65.6 | 24.0 | 11.7 | - |
| Shares Diluted | 129.9 | 129.8 | 112.0 | 65.6 | 24.0 | 11.7 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.4 |
| 4.0 |
| 2.7 |
| 2.6 |
| 1.6 |
| 1.1 |
| 1.2 |
| - |
| - |
| - |
| 0.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 19.2 |
| 17.1 |
| 18.3 |
| 13.5 |
| 9.9 |
| 7.5 |
| 5.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.2) |
| (15.8) |
| (10.7) |
| (7.9) |
| (7.2) |
| (5.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| (14.2) |
| (15.8) |
| (10.7) |
| (7.9) |
| (7.2) |
| (5.6) |
| (16.2) |
| (14.2) |
| (15.8) |
| (10.7) |
| (7.9) |
| (7.2) |
| (5.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.1) |
| (16.2) |
| (14.2) |
| (15.8) |
| (10.7) |
| (7.9) |
| (7.2) |
| (5.6) |
| (0.80) |
| (7.69) |
| - |
| - |
| - |
| 19.9 |
| 1.4 |
| - |
| - |
| - |
| 19.9 |
| 1.4 |
| - |
| - |
| - |
| (10.7) |
| (7.9) |
| (7.2) |
| (5.6) |