| (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 | 5.5 | 0.0 | 2.0 | 2.3 | 2.0 | 1.8 | 1.1 | 3.4 | 3.6 | 4.7 | 2.4 | 4.7 | - | - | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | 7.5 | 9.8 | 8.3 | 15.5 | 2.5 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 104.6 | 86.4 | 66.0 | 56.8 | 91.2 | 131.9 | 31.9 |
| Selling General & Administrative | - | - | - | - | - | ||
| Operating Income | |||||||
| Operating Income | (132.6) | (110.5) | (91.5) | (72.4) | (162.4) | (173.3) | (43.0) |
| Non-Operating | |||||||
| Interest Income | 10.5 | 9.2 | 6.9 | 3.6 | - | - | - |
| Interest Expense | 0.1 | 0.1 | 0.1 | 5.0 | 3.8 | 1.4 | 0.0 |
| Tax & Net | |||||||
| Income Tax Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 |
| Net Income From Continuing Ops | (129.9) | (109.0) | (89.3) | (111.6) | (166.0) | (174.5) | |
| Per Share | |||||||
| EPS Basic | (0.35) | (0.34) | (0.36) | (0.96) | (3.78) | (4.64) | - |
| EPS Diluted | (0.35) | (0.34) | (0.36) | (0.96) | (3.78) | (4.64) | - |
| Supplementary Data | |||||||
| EBITDA | (131.4) | (109.4) | (90.2) | (71.1) | (161.3) | (172.8) | (43.0) |
| EBIT | (132.6) | (110.5) | (91.5) | (72.4) | (162.4) | (173.3) | (43.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 33.8 | 25.0 | 25.7 | 20.1 | 15.6 | 15.3 | 14.9 | 15.1 | 20.7 | 12.7 | 11.8 | 19.8 | 12.5 | 12.7 | 16.8 | 23.5 | 38.2 | 37.9 | 39.5 | 30.6 | 23.9 | 12.3 | 11.1 | 3.1 | 5.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 9.7 | 8.8 | 8.3 | 8.6 | 8.2 | 6.6 | 7.9 | 7.3 | 7.1 | 6.7 | 8.6 | 6.0 | 8.8 | 7.3 | 8.7 | 9.9 | 11.5 | ||||||||
| Depreciation & Amortization | 0.3 | 0.4 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Total Operating Expenses | 43.5 | 33.8 | 34.0 | 28.7 | 23.7 | 22.0 | 27.7 | 22.4 | 27.7 | 19.9 | 21.0 | 25.8 | 21.3 | 56.5 | 25.5 | 33.4 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (43.5) | (28.3) | (34.0) | (26.8) | (21.4) | (19.9) | (25.9) | (21.3) | (24.3) | (16.2) | (16.3) | (23.4) | (16.6) | (54.0) | (25.5) | (33.4) | (49.7) | (49.7) | (50.7) | (40.8) | (32.1) | (18.4) | (15.0) | (4.0) | (5.6) |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 2.6 | 2.9 | 3.2 | 1.9 | 1.3 | 1.7 | 2.1 | 1.4 | 1.7 | - | 1.1 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.7 | 1.5 | 1.4 | 1.4 | 1.3 | 1.1 | 0.7 | 0.7 | - | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | 1.1 | 0.4 | 1.3 | (0.1) | (0.1) | 1.1 | 0.4 | 0.4 | 0.3 | 64.0 | (100.8) | (1.2) | (1.1) | (1.1) | (1.1) | (0.7) | (0.7) | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | - |
| Net Income From Continuing Ops | (42.4) | (27.9) | (32.7) | (26.9) | (21.5) | (18.8) | (25.5) | (20.9) | (24.1) | 47.7 | (117.1) | (24.6) | (17.6) | (55.1) | (26.5) | (34.1) | (50.3) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (42.4) | (27.9) | (32.7) | (26.9) | (21.5) | (18.8) | (25.5) | (20.9) | (24.1) | 47.7 | (117.1) | (24.6) | (17.6) | (55.1) | (26.5) | (34.1) | (50.3) | ||||||||
| Net Income Attributable To Parent | (42.4) | (27.9) | (32.7) | (26.9) | (21.5) | (18.8) | (25.5) | (20.9) | (24.1) | 47.7 | (117.1) | (24.6) | (17.6) | (55.1) | (26.5) | (34.1) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (42.4) | (27.9) | (32.7) | (26.9) | (21.5) | (18.8) | (25.5) | (20.9) | (24.1) | 47.7 | (117.1) | (24.6) | (17.6) | (55.1) | (26.5) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.12) | - | (0.09) | (0.09) | (0.08) | - | (0.10) | (0.09) | (0.10) | - | (0.93) | (0.38) | (0.28) | - | (0.65) | (0.85) | (1.32) | - | (1.35) | (1.09) | - | - | - | - | - |
| EPS Diluted | (0.12) | - | (0.09) | (0.09) | (0.08) | - | (0.10) | (0.09) | (0.10) | - | (0.93) | (0.38) | (0.28) | - | (0.65) | (0.85) | (1.32) | - | |||||||
| Shares Basic | 366.6 | - | 353.3 | 298.0 | 269.3 | - | 267.8 | 232.8 | 231.2 | - | 125.7 | 64.2 | 63.3 | - | 40.9 | 40.1 | 38.2 | - | |||||||
| Shares Diluted | 366.6 | - | 353.3 | 298.0 | 269.3 | - | 267.8 | 232.8 | 231.2 | - | 125.7 | 64.2 | 63.3 | - | 40.9 | 40.1 | 38.2 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (43.2) | (27.9) | (33.8) | (26.5) | (21.1) | (19.6) | (25.6) | (21.0) | (24.0) | (15.9) | (16.0) | (23.0) | (16.2) | (53.7) | (25.2) | (33.1) | (49.4) | (49.5) | (50.5) | (40.7) | (32.1) | - | - | (4.0) | (5.6) |
| EBIT | (43.5) | (28.3) | (34.0) | (26.8) | (21.4) | (19.9) | (25.9) | (21.3) | (24.3) | (16.2) | (16.3) | (23.4) | (16.6) | (54.0) | (25.5) | (33.4) | (49.7) | (49.7) | (50.7) | ||||||
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 35.4 | 33.9 | 29.0 | 30.0 | 37.4 | 41.3 | 11.1 |
| Depreciation & Amortization | 1.2 | 1.1 | 1.2 | 1.4 | 1.2 | 0.5 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 140.0 | 120.3 | 99.8 | 87.9 | 164.9 | 173.3 | 43.0 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | 2.7 | 1.5 | 2.2 | (39.1) | (3.6) | (1.3) | (17.0) |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (60.0) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (129.9) | (109.0) | (89.3) | (111.6) | (166.0) | (174.5) | (60.0) |
| Net Income Attributable To Parent | (129.9) | (109.0) | (89.3) | (111.6) | (166.0) | (174.5) | (60.0) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (129.9) | (109.0) | (89.3) | (111.6) | (166.0) | (174.5) | (60.0) |
| Shares Basic | 366.6 | 319.7 | 250.1 | 116.1 | 44.0 | 37.7 | - |
| Shares Diluted | 366.6 | 319.7 | 250.1 | 116.1 | 44.0 | 37.7 | - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 11.8 |
| 11.2 |
| 10.1 |
| 8.2 |
| 6.1 |
| 4.0 |
| 0.9 |
| 0.1 |
| 0.3 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.0 |
| - |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 49.7 |
| 49.7 |
| 50.7 |
| 40.8 |
| 32.1 |
| 18.4 |
| 15.0 |
| 4.0 |
| 5.6 |
| 0.5 |
| 0.2 |
| - |
| - |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.7) |
| (0.5) |
| (0.2) |
| 0.1 |
| 0.0 |
| (0.0) |
| (17.2) |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (50.4) |
| (51.2) |
| (40.9) |
| (32.0) |
| (18.3) |
| (15.0) |
| (21.2) |
| (5.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (50.4) |
| (51.2) |
| (40.9) |
| (32.0) |
| (18.3) |
| (15.0) |
| (21.2) |
| (5.4) |
| (50.3) |
| (50.4) |
| (51.2) |
| (40.9) |
| (32.0) |
| (18.3) |
| (15.0) |
| (21.2) |
| (5.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (34.1) |
| (50.3) |
| (50.4) |
| (51.2) |
| (40.9) |
| (32.0) |
| (18.3) |
| (15.0) |
| (21.2) |
| (5.4) |
| (1.35) |
| (1.09) |
| - |
| - |
| - |
| - |
| - |
| 38.0 |
| 37.5 |
| - |
| - |
| - |
| - |
| - |
| 38.0 |
| 37.5 |
| - |
| - |
| - |
| - |
| - |
| (40.8) |
| (32.1) |
| (18.4) |
| (15.0) |
| (4.0) |
| (5.6) |