| (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 | Q3 FY 23 | Q2 FY 23 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||
| Revenues | 5.7 | - | - | - | 0.0 | - | - | - | - | - | - |
| Cost of Revenue | 5.6 | - | - | - | 0.0 | - | - | - | - | - | - |
| Gross Profit | 0.1 | - | - | - | 0.0 | - | - | - | - | - | - |
| Operating Expenses | |||||||||||
| Research & Development | 14.2 | 7.2 | 4.5 | 2.6 | 1.7 | 1.4 | 1.2 | 1.7 | 2.1 | - | - |
| Selling General & Administrative | - | - | |||||||||
| Operating Income | |||||||||||
| Operating Income | (36.7) | (26.1) | (15.9) | (8.8) | (8.7) | (5.9) | (2.0) | (3.0) | (4.7) | (0.4) | (0.2) |
| Non-Operating | |||||||||||
| Interest Income | 12.0 | 3.2 | 1.3 | 0.8 | 0.2 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | - |
| Interest Expense | 0.0 | - | - | ||||||||
| Tax & Net | |||||||||||
| Income Tax Expense | (0.6) | - | - | - | 0.0 | - | - | - | - | - | - |
| Net Income From Continuing Ops | (68.1) | (50.5) | |||||||||
| Per Share | |||||||||||
| EPS Basic | (0.34) | - | (1.64) | (1.54) | 0.75 | - | (0.03) | (0.04) | (0.11) | - | - |
| EPS Diluted | (0.34) | - | (1.64) | ||||||||
| Supplementary Data | |||||||||||
| EBITDA | (36.0) | (25.7) | (15.7) | (8.6) | (8.7) | (5.9) | (1.9) | (2.9) | (4.6) | - | - |
| EBIT | (36.7) | (26.1) | (15.9) | ||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 |
|---|---|---|---|
| Revenues | |||
| Revenues | - | 1.6 | 0.0 |
| Cost of Revenue | - | 1.4 | 0.0 |
| Gross Profit | - | 0.2 | 0.0 |
| Operating Expenses | |||
| Research & Development | 28.4 | 15.9 | 6.3 |
| Selling General & Administrative | - | - | - |
| Selling & Marketing | - | - | - |
| General & Administrative | |||
| Operating Income | |||
| Operating Income | (87.5) | (59.5) | (15.6) |
| Non-Operating | |||
| Interest Income | 17.2 | 5.4 | 0.3 |
| Interest Expense | - | - | - |
| Income From Equity Investments | - | - | - |
| Other Non-Operating Income | |||
| Tax & Net | |||
| Income Tax Expense | - | (0.2) | 0.0 |
| Net Income From Continuing Ops | (418.3) | (298.5) | (16.4) |
| Net Income From Discontinued Ops | - | - | - |
| Net Income | |||
| Per Share | |||
| EPS Basic | (2.24) | (3.31) | (0.40) |
| EPS Diluted | (2.24) | (3.31) | (0.40) |
| Shares Basic | 196.5 | 98.0 | 59.5 |
| Shares Diluted | 196.5 | ||
| Supplementary Data | |||
| EBITDA | (86.0) | (58.7) | (15.4) |
| EBIT | (87.5) | (59.5) | (15.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 21.2 | 18.5 | 11.4 | 6.2 | 7.0 | 4.5 | 0.8 | 1.3 | 2.6 | - | - |
| Depreciation & Amortization | 0.7 | 0.4 | 0.2 | 0.2 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | - | - |
| Amortization of Intangibles | 1.4 | - | - | - | 0.0 | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - | - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (32.0) | (24.5) | (141.1) | (133.9) | 60.4 | (1.0) | (0.0) | 0.2 | 0.0 | 3.3 | 1.1 |
| Pre-Tax Income | (68.6) | - | - | - | 51.7 | - | - | - | - | - | - |
| (157.0) |
| (142.7) |
| 51.7 |
| (6.9) |
| (2.0) |
| (2.8) |
| (4.7) |
| 2.9 |
| 0.8 |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (68.1) | (50.5) | (157.0) | (142.7) | 51.7 | (6.9) | (2.0) | (2.8) | (4.7) | 2.9 | 0.8 |
| Net Income Attributable To Parent | (67.0) | (50.2) | (156.7) | (142.5) | 51.8 | (6.8) | (1.9) | (2.6) | (4.5) | 2.9 | 0.8 |
| Less: Minority Interest | (1.1) | (0.3) | (0.3) | (0.2) | (0.2) | (0.1) | (0.1) | (0.2) | (0.2) | - | - |
| Less: Preferred Dividends | 0.7 | - | 11.3 | - | 3.6 | - | 0.0 | - | - | - | - |
| Net Income To Common Shareholders | (67.7) | (62.3) | (168.0) | (142.5) | 48.3 | (18.3) | 1.5 | (2.6) | (4.5) | 2.9 | 0.8 |
| (1.54) |
| 0.58 |
| - |
| (0.03) |
| (0.04) |
| (0.11) |
| - |
| - |
| Shares Basic | 196.5 | - | 102.6 | 92.8 | 64.5 | - | 59.5 | 59.4 | 59.4 | - | - |
| Shares Diluted | 196.5 | - | 102.6 | 92.8 | 83.1 | - | 59.5 | 59.4 | 59.4 | - | - |
| (8.8) |
| (8.7) |
| (5.9) |
| (2.0) |
| (3.0) |
| (4.7) |
| (0.4) |
| (0.2) |
| 57.3 |
| 43.1 |
| 9.2 |
| Depreciation & Amortization | 1.4 | 0.8 | 0.2 |
| Amortization of Intangibles | - | 0.7 | 0.0 |
| Other Operating Expenses | - | - | - |
| Total Operating Expenses | - | - | - |
| (331.6) |
| (239.2) |
| (0.8) |
| Pre-Tax Income | - | (298.7) | (16.4) |
| (418.3) |
| (298.5) |
| (16.4) |
| Net Income Attributable To Parent | (416.4) | (297.6) | (15.7) |
| Less: Minority Interest | (1.9) | (1.0) | (0.7) |
| Less: Preferred Dividends | - | 27.0 | 8.2 |
| Net Income To Common Shareholders | (440.5) | (324.5) | (23.9) |
| 98.0 |
| 59.5 |