| (in millions of USD, except per-share data) | Q4 FY 26 | Q3 FY 26 | Q2 FY 26 | 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 | Q2 FY 17 | Q1 FY 17 | Q4 FY 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||||||||||||||||||||||||||||||||
| Revenues | 1.9 | 2.2 | 1.8 | 1.8 | 1.2 | 1.1 | 0.8 | 0.7 | 0.5 | 0.4 | 0.2 | 0.1 | - | - | - | - | ||||||||||||||||||||||||
| (in millions of USD, except per-share data) | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | ||||||||||
| Revenues | 7.7 | 3.7 | 1.2 | - | - | 0.9 | 1.4 | 7.7 | - | - |
| Cost of Revenue | 7.4 | 5.4 | 2.5 | 0.6 | - | - | - | - | - | - |
| Gross Profit | 0.3 | (1.7) | (1.3) | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||
| Research & Development | 10.2 | 16.9 | 24.4 | 16.8 | 11.8 | 12.6 | 10.6 | 3.9 | 4.4 | (0.7) |
| Selling General & Administrative | 19.1 | 26.0 | 37.3 | |||||||
| Operating Income | ||||||||||
| Operating Income | (29.0) | (44.5) | (63.0) | (52.1) | (40.7) | (22.2) | (18.1) | (3.1) | (11.1) | 2.3 |
| Non-Operating | ||||||||||
| Interest Income | 0.3 | 0.7 | 1.7 | - | - | - | - | - | - | - |
| Interest Expense | 3.5 | 3.0 | 2.9 | 0.0 | ||||||
| Tax & Net | ||||||||||
| Income Tax Expense | - | - | - | - | - | - | (0.2) | - | - | 0.0 |
| Net Income From Continuing Ops | (34.3) | (48.5) | (64.3) | |||||||
| Per Share | ||||||||||
| EPS Basic | (4.01) | (13.77) | (1.82) | (1.86) | (1.68) | (1.27) | - | (0.77) | (3.01) | (2.69) |
| EPS Diluted | (4.01) | (13.77) | (1.82) | (1.86) | ||||||
| Supplementary Data | ||||||||||
| EBITDA | (25.9) | (41.5) | (61.2) | (51.5) | (40.4) | (22.0) | (18.1) | (3.0) | (11.0) | 2.4 |
| EBIT | (29.0) | (44.5) | (63.0) | (52.1) | ||||||
| - |
| - |
| - |
| - |
| 0.1 |
| 0.1 |
| 0.4 |
| 0.2 |
| (0.2) |
| 0.3 |
| 0.6 |
| 0.6 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Cost of Revenue | 1.8 | 1.9 | 2.1 | 1.6 | 1.2 | 1.3 | 1.9 | 1.0 | 1.0 | 0.7 | 0.4 | 0.3 | - | 0.1 | 0.2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 0.1 | 0.3 | (0.3) | 0.2 | (0.0) | (0.2) | (1.1) | (0.3) | (0.5) | (0.4) | (0.2) | (0.2) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| Research & Development | 2.3 | 2.4 | 2.5 | 3.1 | 3.3 | 3.0 | 4.6 | 6.0 | 5.7 | 6.8 | 7.1 | 4.7 | 4.1 | 5.0 | 4.5 | 3.2 | 3.7 | 2.5 | 2.8 | 2.7 | 1.8 | 3.3 | 3.1 | 4.3 | 2.9 | 2.6 | 2.8 | 2.3 | 1.6 | 0.6 | 0.6 | 1.1 | 1.6 | 1.2 | 1.2 | 0.6 | 1.4 | 0.1 | 0.3 | 0.2 |
| Selling General & Administrative | 5.0 | 4.5 | 4.9 | 4.7 | 3.9 | 7.7 | 7.2 | 7.2 | 6.4 | 9.8 | 10.2 | 10.9 | - | - | - | 8.2 | ||||||||||||||||||||||||
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| General & Administrative | - | - | - | - | - | - | - | - | - | 9.8 | 10.2 | - | 9.5 | 8.9 | 8.0 | 8.2 | 6.2 | |||||||||||||||||||||||
| Depreciation & Amortization | 0.7 | 0.8 | 0.8 | 0.8 | 0.7 | 0.8 | 0.8 | 0.7 | 0.7 | 0.4 | 0.4 | 0.3 | 0.2 | 0.2 | 0.1 | 0.1 | ||||||||||||||||||||||||
| Amortization of Intangibles | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | - | - | 0.1 | - | |||||||||||||||||||||||
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Total Operating Expenses | 7.3 | 6.9 | 7.4 | 7.8 | 7.1 | 10.7 | 11.7 | 13.2 | 12.1 | 16.6 | 17.3 | 15.6 | 13.7 | 13.9 | 12.4 | 11.4 | ||||||||||||||||||||||||
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | (7.2) | (6.6) | (7.7) | (7.6) | (7.2) | (11.0) | (12.8) | (13.6) | (12.6) | (17.0) | (17.5) | (15.9) | (14.0) | (14.0) | (12.6) | (11.4) | (20.4) | (7.5) | (6.2) | (6.6) | (5.0) | (5.6) | (5.0) | (6.6) | (5.3) | (4.7) | (4.3) | (3.9) | 3.5 | (2.4) | (2.4) | (1.8) | 12.7 | 2.4 | (2.1) | (3.1) | (3.6) | (0.2) | (0.6) | (0.9) |
| Non-Operating | ||||||||||||||||||||||||||||||||||||||||
| Interest Income | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.2 | 0.4 | 0.3 | 0.4 | 0.6 | 0.4 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | 1.2 | 1.1 | 0.6 | 0.5 | 0.6 | 0.5 | 0.9 | 1.0 | 0.9 | 0.9 | 0.9 | 0.2 | (0.1) | 0.0 | 0.0 | 0.0 | 0.4 | 0.1 | ||||||||||||||||||||||
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Other Non-Operating Income | (3.2) | (1.0) | (0.6) | (0.5) | (0.9) | (2.4) | (1.2) | 0.5 | (1.9) | (0.3) | 0.1 | 0.8 | (7.2) | 0.2 | (0.2) | (0.2) | (0.2) | |||||||||||||||||||||||
| Pre-Tax Income | (10.4) | (7.6) | (8.3) | (8.1) | (8.1) | (13.3) | (14.0) | (13.1) | (14.6) | (17.3) | (17.4) | (15.1) | - | - | - | - | ||||||||||||||||||||||||
| Tax & Net | ||||||||||||||||||||||||||||||||||||||||
| Income Tax Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Income From Continuing Ops | (10.4) | (7.6) | (8.3) | (8.1) | (8.1) | (13.3) | (14.0) | (13.1) | (14.6) | (17.3) | (17.4) | (15.1) | (21.2) | (13.8) | (12.8) | (11.7) | (20.7) | |||||||||||||||||||||||
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income | (10.4) | (7.6) | (8.3) | (8.1) | (8.1) | (13.3) | (14.0) | (13.1) | (14.6) | (17.3) | (17.4) | (15.1) | (21.2) | (13.8) | (12.8) | (11.7) | (20.7) | |||||||||||||||||||||||
| Net Income Attributable To Parent | (10.3) | (7.3) | (7.9) | (7.7) | (8.0) | (13.0) | (13.4) | (12.2) | (13.7) | (16.2) | (16.2) | (14.1) | (20.2) | (12.7) | (12.0) | (10.9) | ||||||||||||||||||||||||
| Less: Minority Interest | (0.1) | (0.3) | (0.3) | (0.4) | (0.0) | (0.3) | (0.7) | (0.9) | (0.9) | (1.0) | (1.2) | (1.0) | (1.0) | (1.1) | (0.8) | (0.7) | - | |||||||||||||||||||||||
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |||||||||||||||||||||||
| Net Income To Common Shareholders | (10.3) | (7.3) | (7.9) | (7.7) | (8.0) | (13.0) | (13.4) | (12.2) | (13.7) | (16.2) | (16.2) | (14.1) | (20.2) | (12.7) | (12.0) | |||||||||||||||||||||||||
| Per Share | ||||||||||||||||||||||||||||||||||||||||
| EPS Basic | - | (0.85) | (1.25) | (1.53) | - | (2.96) | (5.67) | (5.32) | - | (0.50) | (0.51) | (0.45) | - | (0.43) | (0.40) | (0.37) | - | (0.29) | (0.36) | (0.31) | - | - | - | - | - | - | - | - | - | 0.11 | - | - | - | (0.28) | - | - | - | - | - | - |
| EPS Diluted | - | (0.85) | (1.25) | (1.53) | - | (2.96) | (5.67) | (5.32) | - | (0.50) | (0.51) | (0.45) | - | (0.43) | (0.40) | (0.37) | - | - | ||||||||||||||||||||||
| Shares Basic | - | 8.6 | 6.4 | 5.0 | - | 4.4 | 2.4 | 2.3 | - | 32.5 | 31.8 | 31.4 | - | 29.9 | 29.9 | 29.9 | - | 26.8 | ||||||||||||||||||||||
| Shares Diluted | - | 8.6 | 6.4 | 5.0 | - | 4.4 | 2.4 | 2.3 | - | 32.5 | 31.8 | 31.4 | - | 29.9 | 29.9 | 29.9 | - | - | ||||||||||||||||||||||
| Supplementary Data | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | (6.5) | (5.8) | (6.9) | (6.8) | (6.5) | (10.2) | (12.0) | (12.9) | (11.9) | (16.6) | (17.1) | (15.6) | (13.8) | (13.8) | (12.5) | (11.3) | (20.3) | (7.4) | (6.1) | (6.5) | (5.0) | (5.5) | (4.9) | (6.6) | (5.2) | (4.7) | (4.3) | (3.9) | 3.5 | (2.4) | (2.4) | (1.7) | 12.7 | 2.4 | (2.1) | (3.1) | (3.6) | (0.2) | (0.6) | (0.9) |
| EBIT | (7.2) | (6.6) | (7.7) | (7.6) | (7.2) | (11.0) | (12.8) | (13.6) | (12.6) | (17.0) | (17.5) | (15.9) | (14.0) | (14.0) | (12.6) | (11.4) | (20.4) | (7.5) | (6.2) | |||||||||||||||||||||
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| Selling & Marketing | - | - | - | - | - | - | - | - | - | - |
| General & Administrative | - | - | 37.3 | 34.7 | 18.4 | 10.5 | 8.9 | 6.9 | 6.6 | (1.0) |
| Depreciation & Amortization | 3.1 | 3.0 | 1.8 | 0.6 | 0.3 | 0.2 | 0.1 | 0.1 | 0.0 | 0.0 |
| Amortization of Intangibles | 0.2 | 0.2 | 0.2 | 0.2 | 0.0 | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | 29.3 | 42.9 | 61.7 | 51.5 | 40.7 | - | - | - | - | 0.1 |
| 0.8 |
| 0.6 |
| 0.0 |
| 0.0 |
| 0.0 |
| 0.0 |
| Income From Equity Investments | - | - | - | - | - | - | - | - | - | - |
| Other Non-Operating Income | (5.3) | (3.9) | (1.3) | (7.3) | (3.4) | (0.7) | (2.0) | (3.5) | (7.0) | (1.4) |
| Pre-Tax Income | (34.3) | (48.5) | (64.3) | (59.4) | (44.1) | (22.9) | (20.1) | (6.6) | 18.0 | 3.7 |
| (59.4) |
| (44.1) |
| (22.9) |
| (19.9) |
| (6.6) |
| (18.0) |
| (3.7) |
| Net Income From Discontinued Ops | - | - | - | - | - | - | - | - | - | - |
| Net Income | (34.3) | (48.5) | (64.3) | (59.4) | (44.1) | (22.9) | (19.9) | (6.6) | (18.0) | (3.7) |
| Net Income Attributable To Parent | (33.2) | (46.6) | (60.2) | (55.8) | (43.2) | (22.9) | (19.9) | (6.6) | (18.0) | (3.7) |
| Less: Minority Interest | (1.1) | (1.9) | (4.1) | (3.6) | (0.9) | - | - | - | - | - |
| Less: Preferred Dividends | - | - | - | - | - | - | - | - | - | - |
| Net Income To Common Shareholders | (33.2) | (46.6) | (60.2) | (55.8) | (43.2) | (22.5) | (20.5) | (6.6) | (18.0) | (3.9) |
| - |
| - |
| - |
| (0.77) |
| (3.01) |
| (2.69) |
| Shares Basic | 8.3 | 3.4 | 33.2 | 30.0 | 25.7 | 18,005.2 | - | 8.5 | 6.0 | 1.4 |
| Shares Diluted | 8.3 | 3.4 | 33.2 | 30.0 | - | - | - | 8.5 | 6.0 | 1.4 |
| (40.7) |
| (22.2) |
| (18.1) |
| (3.1) |
| (11.1) |
| 2.3 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 4.9 |
| 3.4 |
| 3.9 |
| 3.3 |
| 2.5 |
| 2.2 |
| 2.5 |
| 2.2 |
| 2.5 |
| 2.1 |
| 2.2 |
| 2.6 |
| 1.8 |
| 1.8 |
| 0.7 |
| 0.8 |
| 1.2 |
| 0.9 |
| 2.5 |
| 2.1 |
| 0.1 |
| 0.2 |
| 0.3 |
| 0.1 |
| 0.1 |
| 0.1 |
| 0.1 |
| (0.0) |
| 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 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 20.4 |
| 7.5 |
| 6.2 |
| 6.6 |
| - |
| 5.8 |
| 5.3 |
| - |
| - |
| 5.1 |
| 4.9 |
| - |
| - |
| 2.4 |
| 2.4 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| 0.2 |
| - |
| - |
| - |
| 0.0 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (0.5) |
| (2.5) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.2) |
| (0.1) |
| (0.2) |
| 0.3 |
| 0.2 |
| (2.3) |
| (3.6) |
| 0.0 |
| 0.0 |
| 0.0 |
| 3.5 |
| 0.6 |
| (5.1) |
| 0.2 |
| (2.7) |
| (0.3) |
| (0.3) |
| (0.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (3.0) |
| - |
| - |
| (7.1) |
| (2.9) |
| (6.3) |
| (0.5) |
| (1.0) |
| (1.3) |
| (8.0) |
| (8.7) |
| (6.7) |
| (5.2) |
| (5.8) |
| (5.1) |
| (6.7) |
| (5.3) |
| (4.4) |
| (4.1) |
| (6.2) |
| (0.1) |
| (2.4) |
| (2.4) |
| (1.7) |
| (3.7) |
| 3.0 |
| (7.1) |
| (2.9) |
| (6.3) |
| (0.5) |
| (1.0) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| (8.0) |
| (8.7) |
| (6.7) |
| (5.2) |
| (5.8) |
| (5.1) |
| (6.7) |
| (5.3) |
| (4.4) |
| (4.1) |
| (6.2) |
| (0.1) |
| (2.4) |
| (2.4) |
| (1.7) |
| (3.7) |
| 3.0 |
| (7.1) |
| (2.9) |
| (6.3) |
| (0.5) |
| (1.0) |
| (1.3) |
| (20.0) |
| (7.7) |
| (8.7) |
| (6.7) |
| (5.2) |
| (5.8) |
| (5.1) |
| (6.7) |
| (5.3) |
| (4.4) |
| (4.1) |
| (6.2) |
| (0.1) |
| (2.4) |
| (2.4) |
| (1.7) |
| 1.0 |
| (1.7) |
| (7.1) |
| (2.9) |
| (6.3) |
| (0.5) |
| (1.0) |
| (1.3) |
| (0.2) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.1 |
| - |
| - |
| (10.9) |
| (20.0) |
| (7.7) |
| (8.7) |
| (6.7) |
| (4.9) |
| (5.8) |
| (5.1) |
| (6.7) |
| (5.3) |
| (4.9) |
| (4.1) |
| (6.2) |
| (0.1) |
| (2.4) |
| (2.4) |
| (1.7) |
| 1.0 |
| (1.7) |
| (7.1) |
| (2.9) |
| (6.3) |
| (0.6) |
| (1.0) |
| (1.3) |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 0.11 |
| - |
| - |
| - |
| (0.28) |
| - |
| - |
| - |
| - |
| - |
| - |
| 24.2 |
| 21.9 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.5 |
| - |
| - |
| - |
| 6.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 8.6 |
| - |
| - |
| - |
| 6.1 |
| - |
| - |
| - |
| - |
| - |
| - |
| (6.6) |
| (5.0) |
| (5.6) |
| (5.0) |
| (6.6) |
| (5.3) |
| (4.7) |
| (4.3) |
| (3.9) |
| 3.5 |
| (2.4) |
| (2.4) |
| (1.8) |
| 12.7 |
| 2.4 |
| (2.1) |
| (3.1) |
| (3.6) |
| (0.2) |
| (0.6) |
| (0.9) |