| (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 | 0.2 | - | - | - | 0.0 | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | - | - | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 62.4 | 68.6 | 86.7 | 98.0 | 94.5 | 54.4 | 31.1 |
| Selling General & Administrative | - | - | - | - | - | - | |
| Operating Income | |||||||
| Operating Income | (85.9) | (93.3) | (115.9) | (131.2) | (125.6) | (72.8) | (38.9) |
| Non-Operating | |||||||
| Interest Income | 2.8 | 2.7 | 4.7 | 7.1 | 2.0 | 0.1 | 0.1 |
| Interest Expense | - | - | - | - | - | - | - |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (83.0) | (90.6) | (111.1) | (124.1) | (123.7) | (72.7) | |
| Per Share | |||||||
| EPS Basic | (0.38) | (0.59) | (1.31) | (1.68) | (2.76) | (4.10) | - |
| EPS Diluted | (0.38) | (0.59) | (1.31) | (1.68) | (2.76) | (4.10) | - |
| Supplementary Data | |||||||
| EBITDA | (78.3) | (84.9) | (107.5) | (122.5) | (119.2) | (69.8) | (36.4) |
| EBIT | (85.9) | (93.3) | (115.9) | (131.2) | (125.6) | (72.8) | (38.9) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 14.8 | 14.8 | 15.4 | 17.4 | 21.1 | 18.7 | 20.4 | 22.6 | 25.1 | 22.9 | 23.1 | 26.5 | 25.6 | 25.7 | 23.8 | 20.9 | 24.2 | 21.0 | 12.9 | 10.9 | 9.6 | - | 8.5 | 7.0 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 5.4 | 6.0 | 5.6 | 6.7 | 6.5 | 6.0 | 6.4 | 8.2 | 8.7 | 8.6 | 7.8 | 8.6 | 8.1 | 8.8 | 7.5 | 7.7 | 7.0 | ||||||||
| Depreciation & Amortization | 1.8 | 1.8 | 1.9 | 2.1 | 2.7 | 2.1 | 2.1 | 2.1 | 2.2 | 2.2 | 2.2 | 2.2 | 2.1 | 2.1 | 2.1 | 1.3 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 20.3 | 20.8 | 20.9 | 24.1 | 27.5 | 24.7 | 26.7 | 30.8 | 33.8 | 31.4 | 30.9 | 35.1 | 33.7 | 34.6 | 31.3 | 28.6 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (20.1) | (20.8) | (20.9) | (24.1) | (27.5) | (24.7) | (26.7) | (30.8) | (33.8) | (31.4) | (30.9) | (35.1) | (33.7) | (34.6) | (31.3) | (28.6) | (31.2) | (26.2) | (18.3) | (15.2) | (13.1) | - | (10.5) | (8.9) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.8 | 0.6 | 0.7 | 0.8 | 0.6 | 0.8 | 1.1 | 1.4 | 1.5 | 1.5 | 1.8 | 1.8 | 2.0 | 1.0 | 0.6 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | - | 0.0 | 0.0 | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 0.8 | 0.6 | 0.7 | 0.8 | 0.7 | 0.8 | 1.1 | 1.4 | 1.5 | 1.5 | 1.8 | 1.8 | 2.0 | 1.0 | 0.6 | 0.2 | 0.1 | ||||||||
| Pre-Tax Income | (19.3) | (20.2) | (20.3) | (23.3) | (26.9) | (23.8) | (25.6) | (29.4) | (32.2) | (29.9) | (29.1) | (33.3) | (31.7) | (33.5) | (30.7) | (28.4) | |||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 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 | (19.3) | (20.2) | (20.3) | (23.3) | (26.9) | (23.8) | (25.6) | (29.4) | (32.2) | (29.9) | (29.1) | (33.3) | (31.7) | (33.5) | (30.7) | (28.4) | (31.1) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (19.3) | (20.2) | (20.3) | (23.3) | (26.9) | (23.8) | (25.6) | (29.4) | (32.2) | (29.9) | (29.1) | (33.3) | (31.7) | (33.5) | (30.7) | (28.4) | (31.1) | ||||||||
| Net Income Attributable To Parent | (19.3) | (20.2) | (20.3) | (23.3) | (26.9) | (23.8) | (25.6) | (29.4) | (32.2) | (29.9) | (29.1) | (33.3) | (31.7) | (33.5) | (30.7) | (28.4) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (19.3) | (20.2) | (20.3) | (23.3) | (26.9) | (23.8) | (25.6) | (29.4) | (32.2) | (29.9) | (29.1) | (33.3) | (31.7) | (33.5) | (30.7) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.09) | - | (0.12) | (0.14) | (0.24) | - | (0.30) | (0.34) | (0.40) | - | (0.39) | (0.45) | (0.43) | - | (0.74) | (0.69) | (0.75) | - | (0.68) | - | - | - | - | - | - |
| EPS Diluted | (0.09) | - | (0.12) | (0.14) | (0.24) | - | (0.30) | (0.34) | (0.40) | - | (0.39) | (0.45) | (0.43) | - | (0.74) | (0.69) | (0.75) | - | |||||||
| Shares Basic | 216.9 | - | 163.3 | 162.8 | 109.9 | - | 86.2 | 85.7 | 81.0 | - | 73.9 | 73.4 | 73.1 | - | 41.4 | 41.3 | 41.3 | - | |||||||
| Shares Diluted | 216.9 | - | 163.3 | 162.8 | 109.9 | - | 86.2 | 85.7 | 81.0 | - | 73.9 | 73.4 | 73.1 | - | 41.4 | 41.3 | 41.3 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (18.3) | (19.0) | (19.0) | (22.0) | (24.9) | (22.5) | (24.6) | (28.7) | (31.6) | (29.3) | (28.7) | (32.9) | (31.6) | (32.4) | (29.2) | (27.3) | (30.2) | (25.3) | (17.6) | (14.5) | (12.4) | - | (9.9) | (8.3) | - |
| EBIT | (20.1) | (20.8) | (20.9) | (24.1) | (27.5) | (24.7) | (26.7) | (30.8) | (33.8) | (31.4) | (30.9) | (35.1) | (33.7) | (34.6) | (31.3) | (28.6) | (31.2) | (26.2) | (18.3) | ||||||
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 23.7 | 24.7 | 29.2 | 33.2 | 31.1 | 18.4 | 7.8 |
| Depreciation & Amortization | 7.5 | 8.4 | 8.5 | 8.7 | 6.5 | 3.0 | 2.5 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 86.1 | 93.3 | 115.9 | 131.2 | 125.6 | 72.8 | 38.9 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.9 | 2.7 | 4.8 | 7.1 | 2.0 | 0.1 | 0.5 |
| Pre-Tax Income | (83.0) | (90.6) | (111.1) | (124.1) | (123.7) | (72.7) | (38.4) |
| (38.4) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (83.0) | (90.6) | (111.1) | (124.1) | (123.7) | (72.7) | (38.4) |
| Net Income Attributable To Parent | (83.0) | (90.6) | (111.1) | (124.1) | (123.7) | (72.7) | (38.4) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (83.0) | (90.6) | (111.1) | (124.1) | (123.7) | (72.7) | (38.4) |
| Shares Basic | 216.9 | 153.0 | 84.8 | 73.8 | 44.8 | 17.7 | - |
| Shares Diluted | 216.9 | 153.0 | 84.8 | 73.8 | 44.8 | 17.7 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.2 |
| 5.4 |
| 4.3 |
| 3.5 |
| - |
| 2.0 |
| 1.9 |
| - |
| 1.0 |
| 0.9 |
| 0.7 |
| 0.7 |
| 0.7 |
| - |
| 0.6 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 31.2 |
| 26.2 |
| 18.3 |
| 15.2 |
| 13.1 |
| - |
| 10.5 |
| 8.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| 0.2 |
| 0.1 |
| - |
| (31.1) |
| (26.2) |
| (18.3) |
| (15.2) |
| (13.1) |
| - |
| (10.3) |
| (8.7) |
| - |
| (26.2) |
| (18.3) |
| (15.2) |
| (13.1) |
| (10.3) |
| (10.3) |
| (8.7) |
| (9.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (26.2) |
| (18.3) |
| (15.2) |
| (13.1) |
| (10.3) |
| (10.3) |
| (8.7) |
| (9.1) |
| (31.1) |
| (26.2) |
| (18.3) |
| (15.2) |
| (13.1) |
| (10.3) |
| (10.3) |
| (8.7) |
| (9.1) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (28.4) |
| (31.1) |
| (26.2) |
| (18.3) |
| (15.2) |
| (13.1) |
| (10.3) |
| (10.3) |
| (8.7) |
| (9.1) |
| (0.68) |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| 26.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| (15.2) |
| (13.1) |
| - |
| (10.5) |
| (8.9) |
| - |