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CONSOLIDATED BALANCE SHEETS (UNAUDITED) (EUR €)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current Assets    
Cash € 1,338 € 297
Receivable other 280 3,712
Prepaid expenses 101 57
Total current assets 1,719 4,066
Property and equipment, net of accumulated depreciation of E278 at June 30, 2014 and E281 at December 31, 2013 114 117
In-process research and development 2,266 2,266
Goodwill 6,671 6,671
Total assets 10,770 13,120
Current Liabilities    
Accounts payable 452 858
Acquisition-related contingent consideration 0 236
Current portion of convertible notes payable to related parties 38,872 39,123
Total current liabilities 39,324 40,217
Shareholders' Equity (Deficit)    
Common stock, U.S. $0.01 par value; 850,000,000 shares authorized; issued 303,757,622 at June 30, 2014 and 298,418,813 at December 31, 2013 2,529 2,491
Preferred stock, U.S. $0.01 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 34,130 33,876
Deficit accumulated during the development stage (65,887) (64,165)
Accumulated other comprehensive income 674 701
Total shareholders' equity (deficit) (28,554) (27,097)
Total liabilities and shareholders' equity (deficit) € 10,770 € 13,120