Revenue: As of FY2025 Q2, the actual value is USD 3.897 M.

EPS: As of FY2025 Q2, the actual value is USD -0.15.

EBIT: As of FY2025 Q2, the actual value is USD -15.76 M.

Segment Revenue

• License and Milestone Revenue: $1,242 thousand for the three months ended June 30, 2025, compared to $3,125 thousand for the same period in 2024, a decrease of 60%.
• Service Revenue: $1,936 thousand for the three months ended June 30, 2025, compared to $4,171 thousand for the same period in 2024, a decrease of 54%.
• xPloration Revenue: $608 thousand for the three months ended June 30, 2025, compared to $0 for the same period in 2024.
• Royalty Revenue: $111 thousand for the three months ended June 30, 2025, compared to $318 thousand for the same period in 2024, a decrease of 65%.
• Total Revenue: $3,897 thousand for the three months ended June 30, 2025, compared to $7,614 thousand for the same period in 2024, a decrease of 49%.

Operational Metrics

• Cost of xPloration Revenue: $262 thousand for the three months ended June 30, 2025, compared to $0 for the same period in 2024.
• Research and Development Expenses: $10,864 thousand for the three months ended June 30, 2025, compared to $13,935 thousand for the same period in 2024, a decrease of 22%.
• General and Administrative Expenses: $7,684 thousand for the three months ended June 30, 2025, compared to $7,965 thousand for the same period in 2024, a decrease of 4%.
• Amortization of Intangibles: $3,228 thousand for the three months ended June 30, 2025, compared to $4,543 thousand for the same period in 2024, a decrease of 29%.
• Other Operating Income, Net: - $1,922 thousand for the three months ended June 30, 2025, compared to - $2,524 thousand for the same period in 2024, a decrease of 24%.
• Total Costs and Operating Expenses: $20,116 thousand for the three months ended June 30, 2025, compared to $23,919 thousand for the same period in 2024, a decrease of 16%.
• Net Loss: - $15,875 thousand for the three months ended June 30, 2025, compared to - $13,631 thousand for the same period in 2024, an increase of 16%.

Cash Flow

• Net Cash Used in Operating Activities: - $21,018 thousand for the six months ended June 30, 2025, compared to - $29,214 thousand for the same period in 2024.
• Net Cash Provided by Investing Activities: $11,421 thousand for the six months ended June 30, 2025, compared to $33,050 thousand for the same period in 2024.
• Net Cash Provided by Financing Activities: $280 thousand for the six months ended June 30, 2025, compared to $600 thousand for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company expects to continue to incur losses as it invests in research and development activities to improve its technology platform, market and sell its technologies to existing and new partners, add operational, financial and management information systems and personnel to support its operations, and incur ongoing costs associated with operating as a public company.
• Non-Core Business: The company may consider raising additional capital in the future to expand its business, pursue strategic investments or acquisitions, take advantage of favorable market conditions or financing opportunities, or for other reasons.
• Priority: The company believes its existing cash, cash equivalents, and short-term investments are sufficient to support operations through at least the next 12 months from the date of issuance of these financial statements.