| (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 | Q4 FY 19 | Q3 FY 19 | Q2 FY 19 | Q1 FY 19 | Q4 FY 18 | Q3 FY 18 | Q2 FY 18 | Q1 FY 18 | Q4 FY 17 | Q3 FY 17 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 | Q3 FY 16 | Q2 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 36.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||
| Revenues | 36.8 | 0.0 | 1.0 | 0.0 | 2.0 | 4.0 | 6.4 | 2.8 | 12.4 | 0.3 | 0.6 | 0.5 | 1.5 | 1.0 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||
| Research & Development | 24.0 | 17.9 | 11.5 | 13.6 | 12.4 | 13.3 | 11.0 | 15.1 | 23.0 | 39.6 | 45.0 | 27.2 | 17.4 | 22.3 |
| Operating Income | ||||||||||||||
| Operating Income | (3.0) | (32.8) | (24.2) | (25.5) | (22.5) | (21.7) | (11.9) | (20.9) | (19.8) | (50.7) | (55.0) | (38.1) | (28.9) | (35.8) |
| Non-Operating | ||||||||||||||
| Interest Income | 2.4 | 1.9 | 1.6 | 0.5 | 0.4 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | - |
| Interest Expense | ||||||||||||||
| Tax & Net | ||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.1 | 0.0 | 0.2 | 0.1 | 0.0 | 0.1 | 0.2 | 0.8 | 0.0 | 0.0 | 0.0 | - |
| Net Income From Continuing Ops | ||||||||||||||
| Per Share | ||||||||||||||
| EPS Basic | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | |||||||||||||
| Supplementary Data | ||||||||||||||
| EBITDA | - | (32.8) | (24.1) | (25.4) | (22.4) | (21.6) | (11.8) | (20.9) | (19.6) | (50.5) | (54.8) | (37.6) | (28.0) | (34.7) |
| EBIT | ||||||||||||||
| 2.0 |
| 0.0 |
| 3.0 |
| 0.0 |
| 1.0 |
| - |
| 0.0 |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 1.8 |
| 0.9 |
| 4.5 |
| 3.4 |
| 2.5 |
| 2.1 |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.2 |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 9.0 | 3.9 | 7.0 | 4.1 | 2.8 | 2.2 | 3.2 | 3.4 | 2.6 | 2.1 | 2.8 | 4.7 | 3.9 | 4.0 | 3.1 | 2.2 | 3.1 | 5.4 | 2.4 | 2.4 | 3.1 | 2.5 | 1.8 | 2.5 | 4.2 | 4.4 | 3.7 | 4.2 | 2.8 | 2.8 | 2.7 | 8.6 | 8.9 | 10.1 | 9.0 | 9.6 | 11.0 | 11.1 | 10.6 | 12.1 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | 4.6 | 4.0 | 3.7 | 3.6 | 3.7 | 2.7 | 3.3 | 3.7 | 4.0 | 2.6 | 2.5 | 3.3 | 3.5 | 2.4 | 2.6 | 1.8 | 5.3 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 13.6 | 7.9 | 10.7 | 7.7 | 6.5 | 4.9 | 6.5 | 7.2 | 6.6 | 4.7 | 5.4 | 8.0 | 7.4 | 6.4 | 5.7 | 4.0 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | 23.3 | (7.9) | (10.7) | (7.7) | (6.5) | (4.9) | (6.5) | (7.2) | (5.6) | (4.7) | (5.4) | (8.0) | (7.4) | (6.3) | (5.7) | (4.0) | (6.5) | (11.1) | (1.6) | (4.7) | (4.3) | 1.8 | (2.8) | (4.2) | (6.6) | (6.4) | (5.4) | (4.8) | (4.3) | (0.4) | (1.5) | (8.9) | (9.1) | (12.8) | (11.5) | (12.6) | (13.8) | (13.3) | (13.5) | (14.6) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.8 | 0.9 | 0.4 | 0.3 | 0.3 | 0.4 | 0.5 | 0.6 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.1 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Expense | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | - | - | - | - | - | - | - | - | - | - | - | - | 1.8 | (0.6) | 0.4 | (0.2) | (3.2) | |||||||||||||||||||||||
| Pre-Tax Income | 24.1 | (7.1) | (10.3) | (7.4) | (6.2) | (4.4) | (5.8) | (6.4) | (5.9) | (4.4) | (8.5) | (7.2) | (5.8) | (6.1) | (5.5) | (4.1) | ||||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | - | - | 0.1 | 0.0 | - | - | 0.2 | 0.0 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | 24.1 | (7.1) | (10.3) | (7.4) | (6.2) | (4.4) | (5.8) | (6.4) | (6.0) | (4.4) | (8.5) | (7.2) | (5.8) | (6.1) | (5.5) | (4.1) | (9.4) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | 24.1 | (7.1) | (10.3) | (7.4) | (6.2) | (4.4) | (5.8) | (6.4) | (6.0) | (4.4) | (8.5) | (7.2) | (5.8) | (6.1) | (5.5) | (4.1) | (9.4) | |||||||||||||||||||||||
| Net Income Attributable To Parent | 24.1 | (7.1) | (8.7) | (6.0) | (5.1) | (3.6) | (4.8) | (5.2) | (4.9) | (3.5) | (6.7) | (5.6) | (4.5) | (4.7) | (4.3) | (3.2) | ||||||||||||||||||||||||
| Less: Minority Interest | 0.0 | 0.0 | (1.6) | (1.3) | (1.1) | (0.8) | (1.1) | (1.2) | (1.2) | (1.0) | (1.9) | (1.6) | (1.3) | (1.3) | (1.2) | (0.9) | (2.4) | |||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | 24.1 | (7.1) | (8.7) | (6.0) | (5.1) | (3.6) | (4.8) | (5.2) | (4.9) | (3.5) | (6.7) | (5.6) | (4.5) | (4.7) | (4.3) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Shares Basic | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | 23.3 | - | - | - | (6.5) | - | - | - | (5.6) | - | - | - | (7.4) | - | - | - | (6.5) | - | - | - | (4.3) | - | - | - | (6.6) | - | - | - | (4.3) | - | - | - | (9.1) | - | - | - | (13.7) | - | - | - |
| EBIT | 23.3 | (7.9) | (10.7) | (7.7) | (6.5) | (4.9) | (6.5) | (7.2) | (5.6) | (4.7) | (5.4) | (8.0) | (7.4) | (6.3) | (5.7) | (4.0) | (6.5) | (11.1) | (1.6) | |||||||||||||||||||||
| Selling General & Administrative |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 15.9 | 14.9 | 13.7 | 11.9 | 12.2 | 12.3 | 7.3 | 8.5 | 9.2 | 11.3 | 9.9 | 9.1 | 11.7 | 11.4 |
| Depreciation & Amortization | - | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.2 | 0.2 | 0.3 | 0.5 | 0.9 | 1.1 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 39.9 | 32.8 | 25.2 | 25.5 | 24.6 | 25.7 | 18.3 | 23.7 | 32.3 | 51.0 | 55.7 | 38.7 | 30.4 | 36.8 |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.7 |
| 1.8 |
| 3.3 |
| 3.1 |
| 0.4 |
| 0.1 |
| 0.3 |
| 0.5 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | - | - | - | (1.5) | (3.6) | 2.4 | 0.0 | 0.0 | 0.0 | - | (0.0) | (0.8) | (0.5) | 0.0 |
| Pre-Tax Income | (0.7) | (31.1) | (22.6) | (26.0) | (24.9) | (17.6) | (12.8) | (21.8) | (23.6) | (53.8) | (55.4) | (41.1) | (36.1) | (48.2) |
| (0.7) |
| (31.1) |
| (22.7) |
| (26.0) |
| (25.1) |
| (17.7) |
| (12.8) |
| (21.9) |
| (23.8) |
| (54.6) |
| (55.4) |
| (41.1) |
| (36.1) |
| (48.2) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (0.7) | (31.1) | (22.7) | (26.0) | (25.1) | (17.7) | (12.8) | (21.9) | (23.8) | (54.6) | (55.4) | (41.1) | (36.1) | (48.2) |
| Net Income Attributable To Parent | 2.3 | (27.0) | (18.5) | (20.3) | (19.2) | (13.0) | (8.5) | (13.0) | (7.9) | (16.1) | (16.4) | (27.5) | (36.1) | (48.2) |
| Less: Minority Interest | (3.0) | (4.1) | (4.2) | (5.7) | (5.9) | (4.7) | (4.3) | (8.9) | (15.9) | (38.5) | (39.0) | (13.6) | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | 2.3 | (27.0) | (18.5) | (20.3) | (19.2) | (13.0) | (8.5) | (17.9) | (8.7) | (16.1) | (16.4) | (27.5) | (36.1) | (48.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Shares Diluted | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| (3.0) |
| (32.8) |
| (24.2) |
| (25.5) |
| (22.5) |
| (21.7) |
| (11.9) |
| (20.9) |
| (19.8) |
| (50.7) |
| (55.0) |
| (38.1) |
| (28.9) |
| (35.8) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.7 |
| 2.2 |
| 2.2 |
| 2.2 |
| 2.0 |
| 1.1 |
| 1.7 |
| 2.5 |
| 2.0 |
| 1.8 |
| 2.4 |
| 2.4 |
| 2.1 |
| 2.2 |
| 2.7 |
| 2.3 |
| 2.9 |
| 2.6 |
| 3.0 |
| 2.8 |
| 2.3 |
| 2.4 |
| 2.7 |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.5 |
| 11.1 |
| 4.6 |
| 4.7 |
| 5.3 |
| 4.6 |
| 2.8 |
| 4.2 |
| 6.7 |
| 6.4 |
| 5.4 |
| 6.6 |
| 5.2 |
| 4.9 |
| 4.9 |
| 11.3 |
| 11.2 |
| 13.0 |
| 11.6 |
| 12.6 |
| 13.8 |
| 13.4 |
| 13.6 |
| 14.8 |
| 0.0 |
| 0.0 |
| - |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.3 |
| 0.4 |
| 0.5 |
| 0.6 |
| 0.7 |
| 0.8 |
| 0.9 |
| 0.9 |
| 0.9 |
| 0.8 |
| 0.8 |
| 0.6 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (1.1) |
| 2.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| 0.0 |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| (0.0) |
| 0.0 |
| 0.0 |
| (9.2) |
| (9.5) |
| (1.4) |
| (0.8) |
| (5.9) |
| 1.6 |
| (2.3) |
| (5.0) |
| (7.2) |
| (6.9) |
| (6.0) |
| (5.0) |
| (4.0) |
| (2.3) |
| (2.0) |
| (9.4) |
| (10.0) |
| (13.8) |
| (12.4) |
| (13.4) |
| (14.3) |
| (13.7) |
| (13.5) |
| (14.6) |
| (9.5) |
| (1.5) |
| (0.8) |
| (5.9) |
| 1.6 |
| (2.3) |
| (5.0) |
| (7.2) |
| (6.9) |
| (6.0) |
| (5.1) |
| (4.0) |
| (2.3) |
| (2.0) |
| (9.6) |
| (10.0) |
| (14.6) |
| (12.4) |
| (13.4) |
| (14.3) |
| (13.7) |
| (13.5) |
| (14.6) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.5) |
| (1.5) |
| (0.8) |
| (5.9) |
| 1.6 |
| (2.3) |
| (5.0) |
| (7.2) |
| (6.9) |
| (6.0) |
| (5.1) |
| (4.0) |
| (2.3) |
| (2.0) |
| (9.6) |
| (10.0) |
| (14.6) |
| (12.4) |
| (13.4) |
| (14.3) |
| (13.7) |
| (13.5) |
| (14.6) |
| (7.0) |
| (7.1) |
| (1.1) |
| (0.6) |
| (4.2) |
| 1.1 |
| (1.5) |
| (3.4) |
| (4.7) |
| (4.4) |
| (3.6) |
| (2.9) |
| (2.2) |
| (1.1) |
| (0.8) |
| (3.1) |
| (3.0) |
| (4.3) |
| (3.7) |
| (4.0) |
| (4.2) |
| (4.1) |
| (4.0) |
| (4.5) |
| (2.4) |
| (0.4) |
| (0.2) |
| (1.7) |
| 0.5 |
| (0.7) |
| (1.6) |
| (2.4) |
| (2.5) |
| (2.4) |
| (2.2) |
| (1.8) |
| (1.2) |
| (1.2) |
| (6.5) |
| (7.0) |
| (10.3) |
| (8.7) |
| (9.5) |
| (10.1) |
| (9.7) |
| (9.5) |
| (10.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.2) |
| (7.0) |
| (7.1) |
| (1.1) |
| (0.6) |
| (4.2) |
| 1.1 |
| (1.5) |
| (3.4) |
| (4.7) |
| (5.0) |
| (4.1) |
| (2.9) |
| (5.9) |
| (1.8) |
| (0.8) |
| (3.1) |
| (3.0) |
| (4.3) |
| (3.7) |
| (4.0) |
| (4.2) |
| (4.1) |
| (4.0) |
| (4.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (4.7) |
| (4.3) |
| 1.8 |
| (2.8) |
| (4.2) |
| (6.6) |
| (6.4) |
| (5.4) |
| (4.8) |
| (4.3) |
| (0.4) |
| (1.5) |
| (8.9) |
| (9.1) |
| (12.8) |
| (11.5) |
| (12.6) |
| (13.8) |
| (13.3) |
| (13.5) |
| (14.6) |