CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) (EUR €) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended	6 Months Ended	266 Months Ended
Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012
Revenues
Sales	€ 0	€ 38	€ 0	€ 75	€ 660
Interest	1	0	1	1	43
Gain on extinguishment of debt	0	0	0	0	774
Gain on sales of equipment	0	0	0	1	69
Government grants	0	0	0	0	107
Total revenue	1	38	1	77	1,653
Expenses
Research and development	(169)	309	617	749	25,709
General and administrative	378	406	746	822	23,591
Bank fee	1	1	3	2	944
Induced conversion cost	0	0	0	0	807
Interest	583	829	1,112	1,648	10,739
Change in the fair value of acquisition-related contingent consideration	(256)	3,015	538	3,015	2,741
Goodwill impairment	0	0	0	0	209
Depreciation	7	13	19	27	803
Amortization of intangibles	0	48	0	96	481
Impairment of license contract	0	0	0	0	2,213
Directors' fees	5	5	13	10	377
Other	77	(5)	45	(13)	165
Total expenses	626	4,621	3,093	6,356	68,779
Loss before income tax provision	(625)	(4,583)	(3,092)	(6,279)	(67,126)
Income tax provision	0	4	0	0	(23)
Net loss	(625)	(4,579)	(3,092)	(6,279)	(67,149)
Other comprehensive income (loss)
Foreign currency translation adjustment	0	4	(2)	(1)	662
Comprehensive loss	€ (625)	€ (4,575)	€ (3,094)	€ (6,280)	€ (66,487)
Basic and diluted loss per share (in Euro per share)	€ 0	€ (0.02)	€ (0.01)	€ (0.03)

Bank fees.

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The impairment recognized on license contracts during the period under review.

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Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment.

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The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations.

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Consideration given by issuer of convertible debt to provide an incentive for debt holders to convert the debt to equity securities. The expense is equal to the fair value of all securities and other consideration transferred in the transaction in excess of the fair value of securities issuable pursuant to the original conversion terms.

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The cost of borrowed funds accounted for as interest that was charged against earnings during the period.

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The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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