| (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 | 0.0 | 0.0 | 53.8 | 3.2 | 5.4 | 4.1 | 11.6 | 19.9 | 6.5 | 5.4 | 10.7 | 14.6 | 5.8 | 6.4 | 6.9 | 5.8 | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 57.0 | 62.4 | 42.1 | 36.5 | 24.9 | 37.0 | 7.7 |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 129.3 | 132.2 | 143.9 | 115.2 | 105.9 | 77.6 | 50.0 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (117.5) | (111.3) | (145.6) | (114.2) | (111.1) | (58.2) | (52.2) |
| Non-Operating | |||||||
| Interest Income | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | (0.0) | 0.0 | 0.2 | 0.1 | 0.1 | 0.3 | 0.0 |
| Net Income From Continuing Ops | (107.2) | (101.6) | (130.3) | (101.7) | (108.2) | (58.2) | |
| Per Share | |||||||
| EPS Basic | (0.75) | (0.87) | (1.19) | (1.08) | (1.23) | (0.94) | - |
| EPS Diluted | (0.75) | (0.87) | (1.19) | (1.08) | (1.23) | (0.94) | - |
| Supplementary Data | |||||||
| EBITDA | - | (109.0) | (143.1) | (111.8) | (109.5) | (57.3) | (51.5) |
| EBIT | (117.5) | (111.3) | (145.6) | (114.2) | (111.1) | (58.2) | (52.2) |
| 5.8 |
| 5.7 |
| 6.8 |
| 18.2 |
| 6.4 |
| - |
| (11.3) |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 33.5 | 32.1 | 30.8 | 32.8 | 36.4 | 33.9 | 33.3 | 38.7 | 38.1 | 31.3 | 27.1 | 28.7 | 28.0 | 29.1 | 28.7 | 23.7 | 24.3 | 21.6 | 21.9 | 19.1 | 15.0 | - | 13.0 | - | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 15.2 | 9.8 | 8.9 | 11.3 | 11.5 | 11.1 | 11.2 | 10.8 | 10.7 | 9.1 | 9.2 | 9.2 | 8.0 | 7.9 | 8.1 | 7.2 | 6.8 | ||||||||
| Depreciation & Amortization | 0.5 | - | - | - | 0.6 | - | - | - | 0.6 | - | - | - | 0.6 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 48.8 | 41.9 | 39.7 | 44.1 | 47.9 | 45.0 | 44.5 | 49.4 | 48.7 | 40.4 | 36.4 | 37.8 | 36.1 | 37.0 | 36.8 | 31.0 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (48.8) | (41.9) | 14.1 | (41.0) | (42.5) | (40.9) | (32.9) | (29.6) | (42.3) | (35.0) | (25.6) | (23.2) | (30.3) | (30.6) | (29.9) | (25.2) | (25.4) | (22.0) | (19.6) | (4.6) | (12.1) | - | (26.8) | - | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | - | 0.0 | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 3.3 | 3.1 | 1.8 | 2.1 | 2.7 | 3.3 | 3.8 | 4.1 | 4.4 | 4.3 | 3.4 | 2.6 | 2.3 | 1.6 | 0.9 | 0.3 | 0.2 | ||||||||
| Pre-Tax Income | (45.5) | (38.8) | 15.9 | (38.8) | (39.8) | (37.6) | (29.1) | (25.5) | (37.9) | (30.7) | (22.2) | (20.6) | (28.0) | (29.0) | (29.1) | (24.9) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | (0.1) | (0.0) | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.2 | 0.1 | (0.0) | 0.1 | - | 0.0 | - | - |
| Net Income From Continuing Ops | (45.5) | (38.7) | 15.9 | (38.9) | (39.9) | (37.7) | (29.2) | (25.6) | (37.9) | (30.8) | (22.3) | (20.7) | (28.0) | (29.1) | (29.1) | (24.9) | (25.2) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (45.5) | (38.7) | 15.9 | (38.9) | (39.9) | (37.7) | (29.2) | (25.6) | (37.9) | (30.8) | (22.3) | (20.7) | (28.0) | (29.1) | (29.1) | (24.9) | (25.2) | ||||||||
| Net Income Attributable To Parent | (45.5) | (38.7) | 15.9 | (38.9) | (39.9) | (37.7) | (29.2) | (25.6) | (37.9) | (30.8) | (22.3) | (20.7) | (28.0) | (29.1) | (29.1) | (24.9) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (45.5) | (38.7) | 15.9 | (38.9) | (39.9) | (37.7) | (29.2) | (25.6) | (37.9) | (30.8) | (22.3) | (20.7) | (28.0) | (29.1) | (29.1) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.32) | - | 0.14 | (0.35) | (0.36) | - | (0.27) | (0.24) | (0.35) | - | (0.23) | (0.23) | (0.32) | - | (0.33) | (0.28) | (0.29) | - | (0.28) | (0.09) | - | - | - | - | - |
| EPS Diluted | (0.32) | - | 0.13 | (0.35) | (0.36) | - | (0.27) | (0.24) | (0.35) | - | (0.23) | (0.23) | (0.32) | - | (0.33) | (0.28) | (0.29) | - | |||||||
| Shares Basic | 143.6 | - | 111.0 | 110.5 | 110.3 | - | 108.5 | 108.3 | 108.2 | - | 97.0 | 88.4 | 88.2 | - | 87.9 | 87.8 | 87.7 | - | |||||||
| Shares Diluted | 143.6 | - | 117.8 | 110.5 | 110.3 | - | 108.5 | 108.3 | 108.2 | - | 97.0 | 88.4 | 88.2 | - | 87.9 | 87.8 | 87.7 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (48.3) | - | - | - | (41.9) | - | - | - | (41.6) | - | - | - | (29.7) | - | - | - | (25.1) | - | (19.4) | - | (11.9) | - | (26.6) | - | - |
| EBIT | (48.8) | (41.9) | 14.1 | (41.0) | (42.5) | (40.9) | (32.9) | (29.6) | (42.3) | (35.0) | (25.6) | (23.2) | (30.3) | (30.6) | (29.9) | (25.2) | (25.4) | (22.0) | (19.6) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 45.3 | 41.5 | 43.7 | 35.5 | 30.0 | 17.6 | 9.9 |
| Depreciation & Amortization | - | 2.3 | 2.5 | 2.4 | 1.6 | 0.9 | 0.7 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 174.5 | 173.7 | 187.7 | 150.7 | 135.9 | 95.2 | 59.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 10.3 | 9.7 | 15.5 | 12.6 | 2.9 | 0.2 | 0.2 |
| Pre-Tax Income | (107.3) | (101.6) | (130.1) | (101.6) | (108.1) | (57.9) | (52.0) |
| (52.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (107.2) | (101.6) | (130.3) | (101.7) | (108.2) | (58.2) | (52.0) |
| Net Income Attributable To Parent | (107.2) | (101.6) | (130.3) | (101.7) | (108.2) | (58.2) | (52.0) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (107.2) | (101.6) | (130.3) | (101.7) | (108.2) | (58.2) | (52.0) |
| Shares Basic | 143.6 | 116.2 | 109.2 | 94.6 | 87.8 | 62.1 | - |
| Shares Diluted | 143.6 | 116.2 | 109.2 | 94.6 | 87.8 | 62.1 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 6.1 |
| 4.4 |
| 3.6 |
| 3.5 |
| - |
| 2.5 |
| - |
| - |
| 0.3 |
| - |
| 0.2 |
| - |
| 0.2 |
| - |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.1 |
| 27.7 |
| 26.4 |
| 22.7 |
| 18.5 |
| - |
| 15.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| (0.0) |
| - |
| - |
| (25.2) |
| (21.9) |
| (19.5) |
| (4.5) |
| (12.0) |
| - |
| (26.8) |
| - |
| - |
| (37.6) |
| (19.6) |
| (0.8) |
| (0.2) |
| (8.9) |
| (26.8) |
| (8.4) |
| (7.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (37.6) |
| (19.6) |
| (0.8) |
| (0.2) |
| (8.9) |
| (26.8) |
| (8.4) |
| (7.9) |
| (25.2) |
| (22.0) |
| (19.6) |
| (4.5) |
| (12.1) |
| (8.9) |
| (26.8) |
| (8.4) |
| (7.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (24.9) |
| (25.2) |
| (22.0) |
| (19.6) |
| (4.5) |
| (12.1) |
| (8.9) |
| (26.8) |
| (8.4) |
| (7.9) |
| (0.28) |
| (0.09) |
| - |
| - |
| - |
| - |
| - |
| 70.2 |
| 48.5 |
| - |
| - |
| - |
| - |
| - |
| 70.2 |
| 48.5 |
| - |
| - |
| - |
| - |
| - |
| (4.6) |
| (12.1) |
| - |
| (26.8) |
| - |
| - |