| (in millions of USD, except per-share data) | Q1 FY 26 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | |||||||||||||||||||||||||||||||||||
| Revenues | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.2 | 0.1 | 0.2 | 0.3 | |||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||
| Revenues | 0.4 | 0.6 | 0.5 | 0.4 | 0.5 | 0.9 | 21.0 | 0.0 | 0.0 | 4.6 | 0.7 | - |
| Cost of Revenue | - | - | - | - | - | 3.3 | 1.4 | 0.0 | 0.0 | - | - | - |
| Gross Profit | - | - | - | - | - | (2.4) | 19.6 | 0.0 | 0.0 | - | - | - |
| Operating Expenses | ||||||||||||
| Research & Development | 21.5 | 19.2 | 30.9 | 16.3 | 18.4 | 19.5 | 43.5 | 51.2 | 64.5 | 29.0 | 11.3 | 2.9 |
| Selling General & Administrative | - | |||||||||||
| Operating Income | ||||||||||||
| Operating Income | (33.3) | (29.7) | (43.6) | (29.3) | (34.3) | (38.9) | (252.5) | (95.9) | (74.9) | (29.6) | (14.3) | (4.6) |
| Non-Operating | ||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | ||||||||||
| Tax & Net | ||||||||||||
| Income Tax Expense | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.4) | (0.3) | (0.2) | 0.2 | 0.0 | - | - |
| Net Income From Continuing Ops | (29.9) | |||||||||||
| Per Share | ||||||||||||
| EPS Basic | (0.70) | (0.62) | (0.93) | (2.78) | (7.28) | (25.64) | 7.88 | - | - | - | - | - |
| EPS Diluted | (0.70) | (0.62) | ||||||||||
| Supplementary Data | ||||||||||||
| EBITDA | - | (29.7) | (43.6) | (29.3) | (34.2) | (38.8) | (252.2) | (95.5) | (74.6) | - | - | - |
| EBIT | (33.3) | (29.7) | ||||||||||
| 0.1 |
| 0.3 |
| 0.2 |
| 4.3 |
| 3.3 |
| 11.7 |
| 1.8 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| 10.1 |
| 0.5 |
| - |
| 0.9 |
| 0.4 |
| - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.9 | 1.0 | 0.8 | 0.6 | 0.5 | 0.4 | 0.2 | 0.3 | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | (0.6) | (0.9) | (0.5) | (0.4) | 3.8 | 2.9 | 11.5 | 1.5 | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - |
| Operating Expenses | |||||||||||||||||||||||||||||||||||
| Research & Development | 0.8 | 4.9 | 6.1 | 9.7 | 10.2 | 7.3 | 3.7 | 3.0 | 3.3 | 7.2 | 2.7 | 4.3 | 5.5 | 4.1 | 4.5 | 4.3 | 5.9 | 5.0 | 4.3 | 7.8 | 6.6 | 13.1 | 16.0 | 15.3 | 12.5 | 12.6 | 10.8 | 26.6 | 10.7 | 16.2 | 11.0 | 10.5 | 8.0 | 5.5 | 5.0 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | 3.0 | 3.2 | 3.2 | 3.7 | 4.0 | 4.3 | 4.4 | 4.8 | |||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| General & Administrative | 3.1 | 2.7 | 3.3 | 3.2 | 3.0 | 3.3 | 3.8 | 3.9 | 3.0 | 3.2 | 3.2 | - | - | - | - | - | - | ||||||||||||||||||
| Depreciation & Amortization | 0.0 | 0.0 | 0.0 | - | - | 0.0 | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | |||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Total Operating Expenses | 3.9 | 7.6 | 9.4 | 12.9 | 13.2 | 10.6 | 7.5 | 6.9 | 6.3 | 10.5 | 6.0 | 8.0 | 9.5 | 8.4 | 8.9 | 9.1 | |||||||||||||||||||
| Operating Income | |||||||||||||||||||||||||||||||||||
| Operating Income | (3.8) | (7.5) | (9.2) | (12.8) | (13.1) | (10.4) | (7.4) | (6.8) | (6.2) | (10.3) | (5.9) | (8.0) | (9.3) | (8.3) | (8.7) | (8.8) | (10.8) | (9.5) | (9.8) | (22.0) | (23.5) | (167.2) | (39.9) | (37.4) | (23.2) | (19.4) | (15.9) | (38.8) | (13.7) | (9.2) | (13.2) | (9.5) | (8.3) | (6.2) | (5.6) |
| Non-Operating | |||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3.5 | 1.1 | |||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Other Non-Operating Income | 0.2 | 1.8 | 0.6 | 0.8 | 0.9 | 1.0 | 1.1 | 0.7 | 0.2 | 0.3 | 0.3 | 0.2 | 0.1 | 0.1 | (0.0) | 0.0 | (0.0) | ||||||||||||||||||
| Pre-Tax Income | (3.6) | (5.7) | (8.6) | (12.0) | (12.2) | (9.4) | (6.2) | (6.2) | (6.1) | (10.0) | (5.6) | (7.7) | (9.3) | (8.2) | (8.7) | (8.8) | |||||||||||||||||||
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | (0.4) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | (0.3) | 0.0 | 0.0 | 0.0 | 0.0 | (0.2) | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (3.6) | (5.7) | (8.6) | (12.0) | (12.2) | (9.4) | (6.2) | (6.2) | (6.1) | (10.0) | (5.6) | (7.8) | (9.3) | (8.2) | (8.7) | (8.4) | (14.3) | ||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income | (3.6) | (5.8) | (8.6) | (12.0) | (12.2) | (9.4) | (6.2) | (6.2) | (6.6) | (10.1) | (5.6) | (9.9) | (9.5) | (8.5) | 4.7 | (11.6) | (21.3) | ||||||||||||||||||
| Net Income Attributable To Parent | (3.6) | (5.8) | (8.6) | (12.0) | (12.2) | (9.4) | (6.2) | (6.2) | (6.6) | (10.1) | (5.6) | (9.9) | (9.5) | (8.5) | 4.7 | (11.6) | |||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||
| Net Income To Common Shareholders | (3.6) | (5.8) | (8.6) | (12.0) | (12.2) | (9.4) | (6.2) | (6.2) | (6.6) | (10.1) | (5.6) | (9.9) | (9.5) | (8.5) | 4.7 | ||||||||||||||||||||
| Per Share | |||||||||||||||||||||||||||||||||||
| EPS Basic | (0.08) | (0.13) | (0.20) | - | (0.29) | (0.22) | (0.15) | - | (2.01) | (3.09) | (1.74) | - | (2.94) | (2.63) | 1.51 | - | (0.41) | (0.39) | (0.42) | - | (0.59) | (4.83) | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.08) | (0.13) | (0.20) | - | (0.29) | (0.22) | (0.15) | - | (2.01) | (3.09) | (1.74) | - | (2.94) | (2.63) | 1.51 | - | (0.41) | (0.39) | |||||||||||||||||
| Shares Basic | 42.8 | 42.8 | 42.7 | - | 42.6 | 42.6 | 42.6 | - | 3.3 | 3.3 | 3.3 | - | 3.2 | 3.2 | 3.1 | - | 52.0 | 51.4 | |||||||||||||||||
| Shares Diluted | 42.8 | 42.8 | 42.7 | - | 42.6 | 42.6 | 42.6 | - | 3.3 | 3.3 | 3.3 | - | 3.2 | 3.2 | 3.1 | - | 52.0 | 51.4 | |||||||||||||||||
| Supplementary Data | |||||||||||||||||||||||||||||||||||
| EBITDA | (3.8) | (7.5) | (9.2) | - | - | (10.4) | (7.4) | - | - | - | (5.9) | - | - | - | (8.6) | - | - | - | (9.7) | - | - | - | (39.8) | - | - | - | (15.8) | - | - | - | - | - | - | - | - |
| EBIT | (3.8) | (7.5) | (9.2) | (12.8) | (13.1) | (10.4) | (7.4) | (6.8) | (6.2) | (10.3) | (5.9) | (8.0) | (9.3) | (8.3) | (8.7) | (8.8) | (10.8) | (9.5) | (9.8) | ||||||||||||||||
| - |
| - |
| - |
| 16.4 |
| 20.3 |
| 89.5 |
| 45.1 |
| 14.0 |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | 12.3 | 11.1 | 13.2 | 13.4 | 16.4 | - | - | 22.5 | 12.2 | 5.2 | 3.8 | 1.7 |
| Depreciation & Amortization | - | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.3 | 0.4 | 0.3 | - | - | - |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 33.8 | 30.3 | 44.1 | 29.7 | 34.8 | 39.8 | 272.1 | 76.2 | 65.2 | 34.2 | 15.0 | 4.6 |
| - |
| - |
| 0.0 |
| 5.6 |
| 4.4 |
| 0.9 |
| 0.0 |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 3.4 | 3.0 | 3.8 | 1.4 | 0.4 | (0.1) | 1.1 | (1.4) | (0.9) | 0.5 | 0.3 | - |
| Pre-Tax Income | (29.9) | (26.7) | (39.8) | (27.9) | (33.9) | (44.7) | (255.8) | (95.4) | (74.0) | - | - | - |
| (26.7) |
| (39.8) |
| (27.9) |
| (33.9) |
| (44.2) |
| (255.6) |
| (95.2) |
| (74.2) |
| (29.1) |
| (14.1) |
| (4.6) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (30.0) | (26.5) | (39.8) | (28.5) | (23.2) | (73.3) | (255.6) | (95.2) | (74.2) | (29.1) | (14.1) | (4.6) |
| Net Income Attributable To Parent | (30.0) | (26.5) | (39.8) | (28.5) | (23.2) | (73.3) | (255.6) | (95.2) | (74.2) | (29.1) | (14.1) | (4.6) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (30.0) | (26.5) | (39.8) | (28.5) | (23.2) | (73.3) | (255.6) | (73.7) | (51.4) | (29.1) | (14.1) | (4.6) |
| (0.93) |
| (2.78) |
| (7.28) |
| (25.64) |
| 7.88 |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 42.8 | 42.8 | 42.6 | 10.3 | 3.2 | 2.9 | 32.4 | - | - | - | - | - |
| Shares Diluted | 42.8 | 42.8 | 42.6 | 10.3 | 3.2 | 2.9 | 32.4 | - | - | - | - | - |
| (43.6) |
| (29.3) |
| (34.3) |
| (38.9) |
| (252.5) |
| (95.9) |
| (74.9) |
| (29.6) |
| (14.3) |
| (4.6) |
| 5.0 |
| 4.8 |
| 5.7 |
| 17.9 |
| 19.8 |
| 26.5 |
| 25.4 |
| 22.2 |
| 10.7 |
| 6.8 |
| 5.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.2 |
| 4.8 |
| 3.8 |
| 3.7 |
| 3.4 |
| 3.0 |
| 3.1 |
| 2.7 |
| 1.7 |
| 1.2 |
| 1.2 |
| 1.0 |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 10.9 |
| 9.8 |
| 10.0 |
| 25.7 |
| 26.4 |
| 178.6 |
| 41.4 |
| 21.9 |
| 17.4 |
| 17.2 |
| 19.7 |
| 18.4 |
| 13.7 |
| 19.3 |
| 13.7 |
| 12.3 |
| 9.2 |
| 6.7 |
| 6.0 |
| 1.1 |
| 1.2 |
| 1.1 |
| 1.1 |
| 1.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.1) |
| (0.1) |
| (0.0) |
| (0.1) |
| 0.5 |
| 0.7 |
| (3.5) |
| 0.6 |
| 0.7 |
| 0.8 |
| (3.2) |
| 0.9 |
| 0.8 |
| 0.6 |
| - |
| 0.2 |
| - |
| - |
| (14.3) |
| (10.7) |
| (10.9) |
| (23.2) |
| (24.7) |
| (167.7) |
| (40.2) |
| (37.8) |
| (23.2) |
| (19.0) |
| (15.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (10.7) |
| (10.9) |
| (23.2) |
| (24.7) |
| (167.4) |
| (40.2) |
| (37.8) |
| (23.2) |
| (19.0) |
| (15.2) |
| (40.3) |
| (12.8) |
| (8.3) |
| (12.7) |
| (9.3) |
| (8.2) |
| (6.2) |
| (5.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (19.9) |
| (20.6) |
| (23.2) |
| (24.7) |
| (167.4) |
| (40.2) |
| (37.8) |
| (23.2) |
| (19.0) |
| (15.2) |
| (40.3) |
| (12.8) |
| (8.3) |
| (12.7) |
| (9.3) |
| (8.2) |
| (6.2) |
| (5.5) |
| (21.3) |
| (19.9) |
| (20.6) |
| (23.2) |
| (24.7) |
| (167.4) |
| (40.2) |
| (37.8) |
| (23.2) |
| (19.0) |
| (15.2) |
| (40.3) |
| (12.8) |
| (8.3) |
| (12.7) |
| (9.3) |
| (8.2) |
| (6.2) |
| (5.5) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.6) |
| (21.3) |
| (19.9) |
| (20.6) |
| (23.2) |
| (24.7) |
| (167.4) |
| (40.2) |
| (21.5) |
| (16.9) |
| (16.5) |
| (18.9) |
| (17.6) |
| (12.8) |
| (8.3) |
| (12.7) |
| (9.3) |
| (8.2) |
| (6.2) |
| (5.5) |
| (0.42) |
| - |
| (0.59) |
| (4.83) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 48.9 |
| - |
| 41.9 |
| 34.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 48.9 |
| - |
| 41.9 |
| 34.7 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (22.0) |
| (23.5) |
| (167.2) |
| (39.9) |
| (37.4) |
| (23.2) |
| (19.4) |
| (15.9) |
| (38.8) |
| (13.7) |
| (9.2) |
| (13.2) |
| (9.5) |
| (8.3) |
| (6.2) |
| (5.6) |