Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Disclosure of voluntary change in accounting policy [abstract]

Summary of Functional Currency

The functional currency of GENFIT CORP and Versantis, Inc. is the U.S. dollar. The applicable exchange rates used to translate the financial statements of this entity for each of the periods are as follows:

	Year ended
Ratio : 1 US dollars (USD) = x euros (EUR)	2020/12/31	2021/12/31	2022/12/31
Exchange rate at period end	0.81493	0.88292	0.93756
Average exchange rate for the period	0.87755	0.84542	0.95105

The functional currency of Versantis AG is the Swiss Franc. The applicable exchange rates used to translate the financial statements of this entity for each of the periods are as follows:

Ratio : 1 CH franc (CHF) = x euros (EUR)	Year ended
	2020/12/31	2021/12/31	2022/12/31
Exchange rate at period end	N/A	N/A	1.01554
Average exchange rate for the period	N/A	N/A	1.01710

Note that the average rate immediately above is based on the period between September 29, 2022 and December 31, 2022.