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Consolidated statement of financial position - EUR (€)
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Non-current assets      
Intangible assets € 182,000 € 48,000 € 541,000
Property, plant and equipment 2,979,000 5,005,000 9,125,000
Deferred tax assets 191,000 217,000 225,000
Investments accounted for using the equity method 527,000 1,139,000 1,425,000
Other non-current assets 1,162,000 1,047,000 10,055,000
Total non-current assets 5,042,000 7,456,000 21,371,000
Current assets      
Inventories     417,000
Trade receivables and others 2,016,000 531,000 3,807,000
Tax receivables 2,281,000 4,941,000 5,352,000
Other current assets 140,861,000 9,476,000 11,696,000
Cash and cash equivalents 99,312,000 96,564,000 26,918,000
Total current assets 244,469,000 111,511,000 48,189,000
Total assets 249,511,000 118,967,000 69,561,000
Shareholders' equity      
Share capital 1,932,369.78 957,000 521,000
Premiums related to share capital 528,230,000 249,160,000 201,862,000
Reserves (205,182,000) (173,151,000) (124,584,000)
Translation reserve 636,000 600,000 596,000
Net loss for the period (354,138,000) (184,212,000) (110,426,000)
Total Shareholders' equity (28,522,000) (106,647,000) (32,032,000)
Long-term debt 27,551,000 48,460,000 32,181,000
Long-term debt - derivatives 119,385,000 24,315,000 10,265,000
Royalty certificates liabilities 51,645,000 29,207,000 6,327,000
Provisions for retirement benefit obligations 755,000 1,762,000 1,559,000
Long-term contract liabilities 126,000 107,000 70,000
Other non-current liabilities 1,193,000 1,032,000 1,032,000
Total non-current liabilities 200,655,000 104,883,000 51,434,000
Short-term debt 32,309,000 5,868,000 5,308,000
Short-term debt - derivatives   73,400,000  
Short-term provisions 1,071,000    
Trade payables 26,017,000 32,862,000 37,679,000
Short-term contract liabilities   0 6,000
Other current liabilities 17,981,000 8,600,000 7,165,000
Total current liabilities 77,378,000 120,731,000 50,158,000
Total liabilities 278,033,000 225,614,000 101,592,000
Total liabilities and shareholders' equity € 249,511,000 € 118,967,000 € 69,561,000