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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (EUR €)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
CONSOLIDATED BALANCE SHEETS (Parenthetical) [Abstract]    
Cash € 339 € 1,811
Receivable officer 0 13
Receivable other 36 87
Prepaid expenses 50 30
Total current assets 425 1,941
Property and equipment, net of accumulated depreciation of E 241 at June 30, 2011 and E 212 at December 31, 2010 47 76
License contract, net of accumulated amortization of E433 at June 30, 2011 and E337 at December 31, 2010 2,261 2,357
In-process research and development 2,266 2,266
Goodwill 6,671 6,671
Total assets 11,670 13,311
Accounts payable 1,299 1,340
Taxes and social costs payable 1 26
Current portion of notes payable to related parties, net of unamortized debt discount of NIL at June 30, 2011 and E600 at December 31, 2010 4,581 3,872
Total current liabilities 5,881 5,238
Convertible notes payable to related parties, less current portion 24,373 23,510
Convertible note payable - other 2,780 2,718
Acquisition-related contingent consideration 6,227 3,212
Total liabilities 39,261 34,678
Common stock, U.S. $.01 par value; 495,000,000 shares authorized; Issued 213,963,166 at June 30, 2011 and December 31, 2010 1,888 1,888
Preferred stock, U.S. $.01 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 29,658 29,602
Deficit accumulated during the development stage (59,797) (53,518)
Accumulated other comprehensive income 660 661
Total shareholder's equity (deficit) (27,591) (21,367)
Total liabilities and shareholder's equity (deficit) € 11,670 € 13,311