| (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 | 3.1 | 3.0 | 1.3 | 1.0 | 0.3 | 0.4 | 0.2 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||
| Revenues | 8.4 | 5.6 | 0.8 | 0.5 | 0.9 | 0.8 | 0.3 | 0.2 | 0.5 | 1.2 | 1.5 | 2.5 | 0.0 | 0.0 |
| Cost of Revenue | 5.3 | 3.6 | 0.8 | 0.3 | 1.3 | - | 0.1 | - | - | - | - | - | - | - |
| Gross Profit | 3.0 | 2.0 | 0.0 | 0.2 | (0.4) | - | 0.2 | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||
| Research & Development | 3.9 | 4.1 | 7.7 | 10.8 | 12.5 | 20.6 | 17.1 | 23.2 | 32.9 | 33.2 | 32.8 | 18.8 | 12.5 | 2.1 |
| Operating Income | ||||||||||||||
| Operating Income | (8.3) | (10.0) | (18.4) | (22.1) | (26.7) | (41.4) | (31.9) | (38.8) | (50.9) | (49.4) | (45.8) | (27.6) | (20.4) | (4.4) |
| Non-Operating | ||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | ||||||||||||||
| Tax & Net | ||||||||||||||
| Income Tax Expense | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | ||||||||||||||
| Per Share | ||||||||||||||
| EPS Basic | (2.03) | (6.46) | (77.16) | (4.15) | (6.78) | (0.64) | - | - | - | - | - | - | - | - |
| EPS Diluted | ||||||||||||||
| Supplementary Data | ||||||||||||||
| EBITDA | - | (9.9) | (18.2) | (21.9) | (26.4) | (41.2) | (31.5) | (38.0) | (49.9) | (48.1) | (44.9) | (26.8) | (20.0) | (4.4) |
| EBIT | ||||||||||||||
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.2 |
| 0.2 |
| 0.0 |
| 0.0 |
| 0.3 |
| 0.3 |
| 0.6 |
| 0.1 |
| 1.0 |
| 0.2 |
| Cost of Revenue | 2.0 | 1.9 | 0.8 | 0.6 | 0.3 | 0.2 | 0.3 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.4 | 0.4 | 0.3 | 0.2 | - | - | - | - | - | - | 0.1 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 1.1 | 1.1 | 0.5 | 0.3 | 0.1 | 0.2 | (0.1) | (0.1) | (0.0) | 0.1 | 0.1 | 0.0 | (0.0) | (0.2) | (0.2) | (0.0) | 0.0 | - | - | - | - | - | - | 0.0 | 0.0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 1.0 | 0.9 | 0.9 | 1.1 | 1.2 | 1.7 | 1.5 | 2.3 | 2.2 | 2.4 | 2.5 | 2.9 | 3.1 | 2.9 | 2.9 | 3.2 | 3.5 | 5.1 | 4.7 | 6.1 | 4.6 | 4.2 | 4.0 | 4.3 | 4.6 | 5.7 | 5.2 | 5.5 | 6.8 | 8.1 | 8.4 | 7.6 | 8.7 | 7.4 | 8.7 | 8.7 | 8.4 | 9.8 | 7.9 | 7.5 |
| Selling General & Administrative | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||||
| Selling & Marketing | 0.5 | 0.6 | 0.5 | 0.7 | 0.6 | 0.7 | 0.7 | 0.8 | 0.9 | 0.8 | 0.8 | 1.1 | 1.2 | 1.0 | 1.1 | 1.2 | 1.6 | |||||||||||||||||||||||
| General & Administrative | 1.4 | 1.1 | 1.2 | 1.3 | 0.9 | 1.3 | 1.3 | 1.7 | 2.0 | 1.5 | 1.7 | 2.1 | 2.0 | 2.1 | 1.9 | 2.0 | 2.0 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | 0.0 | - | - | - | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 2.9 | 2.6 | 2.6 | 3.1 | 3.7 | 3.7 | 3.5 | 4.6 | 6.6 | 4.4 | 5.3 | 6.2 | 6.4 | 6.5 | 6.3 | 7.3 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (1.8) | (1.4) | (2.2) | (2.8) | (3.6) | (3.5) | (3.6) | (4.7) | (6.7) | (4.6) | (5.1) | (6.1) | (6.3) | (6.4) | (6.1) | (7.1) | (7.2) | (9.4) | (12.5) | (11.0) | (8.5) | (7.5) | (7.6) | (8.2) | (8.7) | (9.5) | (8.3) | (9.9) | (11.1) | (12.5) | (12.7) | (12.3) | (13.4) | (11.2) | (12.8) | (12.9) | (12.5) | (14.6) | (10.1) | (10.3) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | (0.1) | 0.0 | 0.1 | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | 0.2 | 0.1 | 0.1 | (0.0) | 0.2 | (0.6) | 0.2 | 0.4 | 0.1 | (0.0) | 1.0 | 2.1 | (0.4) | 0.2 | 0.1 | 0.0 | 0.0 | |||||||||||||||||||||||
| Pre-Tax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income From Continuing Ops | (1.7) | (1.3) | (2.1) | (2.8) | (3.4) | (4.1) | (3.4) | (4.3) | (6.6) | (4.6) | (4.1) | (4.0) | (6.7) | (6.1) | (6.0) | (7.0) | (7.2) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (1.7) | (1.3) | (2.1) | (2.8) | (3.4) | (4.1) | (3.4) | (4.3) | (6.6) | (4.6) | (4.1) | (4.0) | (6.7) | (6.1) | (6.0) | (7.0) | (7.2) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (1.7) | (1.3) | (2.1) | (2.8) | (3.4) | (4.1) | (3.4) | (4.3) | (6.6) | (4.6) | (4.1) | (4.0) | (6.7) | (6.1) | (6.0) | (7.0) | ||||||||||||||||||||||||
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (1.7) | (1.3) | (2.1) | (2.8) | (3.4) | (4.1) | (3.4) | (4.3) | (6.6) | (4.6) | (4.1) | (4.0) | (6.7) | (6.1) | (6.0) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | (0.43) | - | (1.31) | (0.08) | (3.55) | - | (14.98) | (0.65) | (1.11) | - | (0.86) | (0.88) | (1.63) | - | (1.54) | (0.09) | (0.09) | - | (0.20) | (0.18) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS Diluted | (0.43) | - | (1.31) | (0.08) | (3.55) | - | (14.98) | (0.65) | (1.11) | - | (0.86) | (0.88) | (1.63) | - | (1.54) | (0.09) | (0.09) | - | ||||||||||||||||||||||
| Shares Basic | 3.9 | - | 1.6 | 35.6 | 0.9 | - | 0.2 | 6.5 | 6.0 | - | 4.8 | 4.6 | 4.1 | - | 3.9 | 77.1 | 76.9 | - | ||||||||||||||||||||||
| Shares Diluted | 3.9 | - | 1.6 | 35.6 | 0.9 | - | 0.2 | 6.5 | 6.0 | - | 4.8 | 4.6 | 4.1 | - | 3.9 | 77.1 | 76.9 | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (1.8) | - | - | - | (3.6) | - | - | - | (6.6) | - | - | - | (6.2) | - | - | - | (7.1) | - | - | - | (8.5) | - | - | - | (8.5) | - | - | - | (10.9) | - | - | - | (13.1) | - | - | - | (12.1) | - | - | - |
| EBIT | (1.8) | (1.4) | (2.2) | (2.8) | (3.6) | (3.5) | (3.6) | (4.7) | (6.7) | (4.6) | (5.1) | (6.1) | (6.3) | (6.4) | (6.1) | (7.1) | (7.2) | (9.4) | (12.5) | |||||||||||||||||||||
| Selling General & Administrative |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | 2.3 | 2.4 | 3.1 | 3.9 | 4.9 | 8.6 | 5.9 | 5.4 | 6.2 | 5.2 | 3.2 | 3.2 | 2.8 | 0.2 |
| General & Administrative | 5.0 | 4.5 | 6.3 | 7.3 | 8.1 | 9.0 | 9.2 | 10.4 | 12.4 | 12.1 | 11.2 | 8.0 | 5.1 | 1.2 |
| Depreciation & Amortization | - | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.4 | 0.8 | 1.1 | 1.3 | 1.0 | 0.8 | 0.4 | 0.0 |
| Amortization of Intangibles | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 11.3 | 12.0 | 18.4 | 22.3 | 27.5 | 42.2 | 32.2 | 39.0 | 51.4 | 50.5 | 47.3 | 30.1 | 20.4 | 4.4 |
| - |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | 0.4 | 0.4 | 0.0 | 2.7 | 0.4 | 0.0 | 0.1 | 0.4 | 0.1 | 0.0 | 0.0 | 0.0 | (25.2) | (1.1) |
| Pre-Tax Income | - | (9.6) | (18.4) | - | - | - | - | - | - | - | - | - | - | - |
| (7.9) |
| (9.6) |
| (18.4) |
| (19.4) |
| (26.3) |
| (41.4) |
| (31.8) |
| (38.4) |
| (50.8) |
| (49.4) |
| (45.8) |
| (27.6) |
| (45.6) |
| (5.5) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income | (7.9) | (9.6) | (18.4) | (19.4) | (26.3) | (41.4) | (31.8) | (38.4) | (50.8) | (49.4) | (45.8) | (27.6) | (45.6) | (5.5) |
| Net Income Attributable To Parent | (7.9) | (9.6) | (18.4) | (19.4) | (26.3) | (41.4) | (31.8) | (38.4) | (50.8) | (49.4) | (45.8) | (27.6) | (45.6) | (5.5) |
| Less: Minority Interest | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (7.9) | (9.6) | (18.4) | (19.4) | (26.3) | (41.4) | (31.8) | (38.4) | (50.8) | (49.4) | (45.8) | (27.6) | (45.6) | (5.5) |
| (2.03) |
| (6.46) |
| (77.16) |
| (4.15) |
| (6.78) |
| (0.64) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Shares Basic | 3.9 | 1.5 | 0.2 | 4.7 | 3.9 | 64.9 | - | - | - | - | - | - | - | - |
| Shares Diluted | 3.9 | 1.5 | 0.2 | 4.7 | 3.9 | 64.9 | - | - | - | - | - | - | - | - |
| (8.3) |
| (10.0) |
| (18.4) |
| (22.1) |
| (26.7) |
| (41.4) |
| (31.9) |
| (38.8) |
| (50.9) |
| (49.4) |
| (45.8) |
| (27.6) |
| (20.4) |
| (4.4) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 2.4 |
| 1.9 |
| 2.4 |
| 1.8 |
| 1.5 |
| 1.5 |
| 1.4 |
| 1.4 |
| 1.4 |
| 1.2 |
| 1.1 |
| 1.6 |
| 1.6 |
| 1.5 |
| 1.6 |
| 1.5 |
| 1.3 |
| 1.1 |
| 1.2 |
| 1.6 |
| 1.0 |
| 0.7 |
| 0.6 |
| 2.1 |
| 2.0 |
| 2.7 |
| 2.3 |
| 1.9 |
| 2.1 |
| 2.5 |
| 2.7 |
| 2.4 |
| 1.9 |
| 3.3 |
| 2.8 |
| 2.9 |
| 2.9 |
| 3.3 |
| 3.3 |
| 2.5 |
| 3.1 |
| 3.3 |
| 3.1 |
| 4.0 |
| 2.5 |
| 2.4 |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| - |
| 0.2 |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| 0.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.4 |
| 9.6 |
| 12.7 |
| 11.2 |
| 8.7 |
| 7.6 |
| 7.6 |
| 8.3 |
| 8.7 |
| 9.5 |
| 8.3 |
| 10.0 |
| 11.2 |
| 12.6 |
| 12.9 |
| 12.5 |
| 13.5 |
| 11.3 |
| 13.0 |
| 13.2 |
| 13.1 |
| 14.7 |
| 11.1 |
| 10.5 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| (0.0) |
| 0.0 |
| 0.0 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.4) |
| (12.5) |
| (11.0) |
| (8.5) |
| (7.5) |
| (7.6) |
| (8.2) |
| (8.6) |
| (9.4) |
| (8.2) |
| (9.8) |
| (11.0) |
| (12.5) |
| (12.6) |
| (12.3) |
| (13.4) |
| (11.2) |
| (12.7) |
| (12.9) |
| (12.5) |
| (14.6) |
| (10.1) |
| (10.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (9.4) |
| (12.5) |
| (11.0) |
| (8.5) |
| (7.5) |
| (7.6) |
| (8.2) |
| (8.6) |
| (9.4) |
| (8.2) |
| (9.8) |
| (11.0) |
| (12.5) |
| (12.6) |
| (12.3) |
| (13.4) |
| (11.2) |
| (12.7) |
| (12.9) |
| (12.5) |
| (14.6) |
| (10.1) |
| (10.3) |
| (7.2) |
| (9.4) |
| (12.5) |
| (11.0) |
| (8.5) |
| (7.5) |
| (7.6) |
| (8.2) |
| (8.6) |
| (9.4) |
| (8.2) |
| (9.8) |
| (11.0) |
| (12.5) |
| (12.6) |
| (12.3) |
| (13.4) |
| (11.2) |
| (12.7) |
| (12.9) |
| (12.5) |
| (14.6) |
| (10.1) |
| (10.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (7.0) |
| (7.2) |
| (9.4) |
| (12.5) |
| (11.0) |
| (8.5) |
| (7.5) |
| (7.6) |
| (8.2) |
| (8.6) |
| (9.4) |
| (8.2) |
| (9.8) |
| (11.0) |
| (12.5) |
| (12.6) |
| (12.3) |
| (13.4) |
| (11.2) |
| (12.7) |
| (12.9) |
| (12.5) |
| (14.6) |
| (10.1) |
| (10.3) |
| (0.20) |
| (0.18) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 63.0 |
| 62.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 63.0 |
| 62.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (11.0) |
| (8.5) |
| (7.5) |
| (7.6) |
| (8.2) |
| (8.7) |
| (9.5) |
| (8.3) |
| (9.9) |
| (11.1) |
| (12.5) |
| (12.7) |
| (12.3) |
| (13.4) |
| (11.2) |
| (12.8) |
| (12.9) |
| (12.5) |
| (14.6) |
| (10.1) |
| (10.3) |