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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)(EUR (€))
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended 284 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2013
Revenues      
Sales € 0 € 0 € 660
License fees 4,381 0 4,381
Interest 2 3 47
Gain on extinguishment of debt 0 0 774
Gain on sales of equipment 0 0 69
Government grants 0 0 107
Total revenue 4,383 3 6,038
Expenses      
Research and development 657 1,616 27,365
General and administrative 1,370 1,371 25,586
Bank fee 3 3 947
Induced conversion cost 0 0 807
Interest 2,589 2,307 14,523
Change in the fair value of acquisition-related contingent consideration (6,297) 780 (3,314)
Goodwill impairment 0 0 209
Depreciation 20 22 826
Amortization of intangibles 0 0 481
Impairment of license contract 0 0 2,213
Directors' fees 20 12 396
Other (30) 0 90
Total expenses (1,668) 6,111 70,129
Income (loss) before income tax provision 6,051 (6,108) (64,091)
Income tax provision (48) (3) (74)
Net income (loss) 6,003 (6,111) (64,165)
Other comprehensive income Foreign currency translation adjustment 19 18 701
Comprehensive income (loss) € 6,022 € (6,093) € (63,464)
Basic and diluted income (loss) per share (in Euro per share) € 0.02 € (0.02)