| (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 | - | - | - | - | - | - | - | - | - | - | - | - | 0.7 | - | 1.0 | - | |||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|---|
| Revenues | |||||||
| Revenues | - | - | - | 0.7 | 1.0 | - | - |
| Cost of Revenue | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - |
| Operating Expenses | |||||||
| Research & Development | 8.6 | 9.1 | 20.0 | 12.9 | 12.4 | 6.1 | 1.0 |
| Selling General & Administrative | - | - | - | - | 0.4 | 0.2 | |
| Operating Income | |||||||
| Operating Income | (30.0) | (29.5) | (32.1) | (20.8) | (18.1) | (9.0) | (2.0) |
| Non-Operating | |||||||
| Interest Income | 1.2 | 1.0 | 1.3 | 0.6 | - | - | - |
| Interest Expense | - | 0.1 | 0.1 | 0.1 | 0.0 | 0.6 | 0.2 |
| Tax & Net | |||||||
| Income Tax Expense | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (39.9) | (26.6) | (36.7) | (30.5) | (18.1) | (10.0) | |
| Per Share | |||||||
| EPS Basic | (1.67) | (1.67) | (5.65) | (1.28) | (1.20) | (0.86) | (0.27) |
| EPS Diluted | (1.67) | (1.67) | (5.65) | (1.28) | (1.20) | (0.86) | - |
| Supplementary Data | |||||||
| EBITDA | - | (29.5) | (32.1) | (20.8) | (17.6) | (8.5) | (2.0) |
| EBIT | (30.0) | (29.5) | (32.1) | (20.8) | (18.1) | (9.0) | (2.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||
| Research & Development | 1.6 | 2.2 | 3.0 | 1.8 | 2.2 | 5.3 | 3.0 | 4.9 | 6.8 | 4.2 | 3.4 | 2.3 | 3.0 | 3.8 | 4.8 | 1.9 | 1.9 | 1.4 | 3.8 | 0.5 | 0.5 | - | 0.3 | 0.2 | - |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | 0.5 | 0.2 | 0.1 | (0.0) | 0.2 | 0.1 | |||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| General & Administrative | 6.8 | 5.0 | 4.4 | 5.2 | 5.8 | 4.0 | 3.2 | 2.5 | 2.4 | 2.1 | 2.6 | 2.1 | 1.8 | 1.5 | 1.7 | 1.8 | 1.6 | ||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | |||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | 1.6 | 0.5 | (10.4) | - | (0.0) | - | - | ||||||||
| Total Operating Expenses | 8.4 | 7.2 | 7.3 | 7.0 | 8.0 | 9.3 | 6.3 | 7.4 | 9.2 | 6.3 | 5.9 | 4.3 | 4.9 | 5.3 | 6.5 | 3.6 | |||||||||
| Operating Income | |||||||||||||||||||||||||
| Operating Income | (8.4) | (7.2) | (7.3) | (7.0) | (8.0) | (9.3) | (6.3) | (7.4) | (9.2) | (6.3) | (5.9) | (4.3) | (4.2) | (5.3) | (5.6) | (3.6) | (3.5) | (2.8) | (4.7) | (0.8) | (0.7) | - | (0.6) | (0.3) | - |
| Non-Operating | |||||||||||||||||||||||||
| Interest Income | 0.4 | 0.4 | 0.3 | 0.2 | 0.2 | 0.3 | 0.4 | 0.5 | 0.1 | 0.1 | 0.2 | 0.2 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | 0.0 | - | - | 0.0 | |||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Other Non-Operating Income | (4.4) | (7.4) | 1.3 | 0.5 | 8.6 | (12.3) | 2.2 | 17.3 | (11.8) | (1.5) | 1.6 | 0.5 | (10.4) | - | (0.0) | - | - | ||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Tax & Net | |||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (12.8) | (14.7) | (6.0) | (6.4) | 0.6 | (21.5) | (4.1) | 9.9 | (21.0) | (7.8) | (4.3) | (3.8) | (14.6) | (5.3) | (5.6) | (3.6) | (3.5) | ||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||
| Net Income | (12.8) | (14.7) | (6.0) | (6.4) | 0.6 | (21.5) | (4.1) | 9.9 | (21.0) | (7.8) | (4.3) | (3.8) | (14.6) | (5.3) | (5.6) | (3.6) | (3.5) | ||||||||
| Net Income Attributable To Parent | (12.8) | (14.7) | (6.0) | (6.4) | 0.6 | (21.5) | (4.1) | 9.9 | (21.0) | (7.8) | (4.3) | (3.8) | (14.6) | (5.3) | (5.6) | (3.6) | |||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | 0.9 | 0.2 | 0.0 | 0.1 | 0.6 | 0.2 | - | - | - | - | ||||||||
| Net Income To Common Shareholders | (12.8) | (14.6) | (6.0) | (6.4) | 0.5 | (15.6) | (4.1) | 3.0 | (21.2) | (7.8) | (4.4) | (4.4) | (14.8) | (5.3) | (5.6) | ||||||||||
| Per Share | |||||||||||||||||||||||||
| EPS Basic | (0.54) | - | (0.33) | (0.52) | 0.04 | - | (0.46) | 0.80 | (0.61) | - | (0.13) | (0.29) | (0.97) | - | (0.37) | (0.24) | (0.24) | - | (0.37) | (0.13) | (0.11) | - | - | - | - |
| EPS Diluted | (0.54) | - | (0.33) | (0.52) | (0.50) | - | (0.46) | (1.50) | (0.61) | - | (0.13) | (0.29) | (0.97) | - | (0.37) | (0.24) | (0.24) | - | |||||||
| Shares Basic | 23.9 | - | 18.1 | 12.3 | 11.7 | - | 8.9 | 3.8 | 34.9 | - | 32.6 | 15.2 | 15.2 | - | 15.1 | 15.0 | 15.0 | - | |||||||
| Shares Diluted | 23.9 | - | 18.1 | 12.3 | 12.4 | - | 8.9 | 9.4 | 34.9 | - | 32.6 | 15.2 | 15.2 | - | 15.1 | 15.0 | 15.0 | - | |||||||
| Supplementary Data | |||||||||||||||||||||||||
| EBITDA | (8.4) | - | - | - | (8.0) | - | - | - | (9.2) | - | - | - | (4.2) | - | - | - | (3.5) | - | - | - | - | - | - | - | - |
| EBIT | (8.4) | (7.2) | (7.3) | (7.0) | (8.0) | (9.3) | (6.3) | (7.4) | (9.2) | (6.3) | (5.9) | (4.3) | (4.2) | (5.3) | (5.6) | (3.6) | (3.5) | (2.8) | (4.7) | ||||||
| 0.1 |
| Selling & Marketing | - | - | - | - | - | - | - |
| General & Administrative | 21.4 | 20.4 | 12.1 | 8.5 | 6.6 | 2.9 | 1.0 |
| Depreciation & Amortization | - | 0.0 | 0.0 | 0.0 | 0.4 | 0.5 | 0.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - |
| Total Operating Expenses | 30.0 | 29.5 | 32.1 | 21.4 | 19.0 | 9.0 | 2.0 |
| Income From Equity Investments | - | - | - | - | - | - | - |
| Other Non-Operating Income | (10.0) | 3.0 | (4.6) | (9.8) | (0.0) | (1.0) | (0.2) |
| Pre-Tax Income | - | - | - | - | - | - | - |
| (2.3) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - |
| Net Income | (39.9) | (26.6) | (36.7) | (30.5) | (18.1) | (10.0) | (2.3) |
| Net Income Attributable To Parent | (39.9) | (26.6) | (36.7) | (30.5) | (18.1) | (10.0) | (2.3) |
| Less: Minority Interest | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | 1.1 | 0.9 | - | - | - |
| Net Income To Common Shareholders | (39.9) | (26.6) | (37.8) | (31.4) | (18.1) | (10.0) | (2.3) |
| Shares Basic | 23.9 | 15.9 | 6.7 | 24.5 | 15.1 | 11.7 | 8.5 |
| Shares Diluted | 23.9 | 15.9 | 6.7 | 24.5 | 15.1 | 11.7 | - |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 1.4 |
| 0.9 |
| 0.3 |
| 0.3 |
| - |
| 0.3 |
| 0.2 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 3.5 |
| 2.8 |
| 4.7 |
| 0.8 |
| 0.7 |
| - |
| 0.6 |
| 0.3 |
| - |
| 0.1 |
| 0.3 |
| 0.3 |
| - |
| 0.1 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| (0.5) |
| (0.3) |
| (0.2) |
| - |
| (0.1) |
| (0.0) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.8) |
| (5.2) |
| (1.1) |
| (1.0) |
| (0.9) |
| (0.7) |
| (0.3) |
| (0.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (2.8) |
| (5.2) |
| (1.1) |
| (1.0) |
| (0.9) |
| (0.7) |
| (0.3) |
| (0.3) |
| (3.5) |
| (2.8) |
| (5.2) |
| (1.1) |
| (1.0) |
| (0.9) |
| (0.7) |
| (0.3) |
| (0.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.6) |
| (3.5) |
| (2.8) |
| (5.2) |
| (1.1) |
| (1.0) |
| (0.9) |
| (0.7) |
| (0.3) |
| (0.3) |
| (0.37) |
| (0.13) |
| (0.11) |
| - |
| - |
| - |
| - |
| 14.2 |
| 8.8 |
| 8.6 |
| - |
| - |
| - |
| - |
| 14.2 |
| 8.8 |
| 8.6 |
| - |
| - |
| - |
| - |
| (0.8) |
| (0.7) |
| - |
| (0.6) |
| (0.3) |
| - |