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CONSOLIDATED BALANCE SHEETS
€ in Thousands, SFr in Thousands
Dec. 31, 2016
CHF (SFr)
Dec. 31, 2015
CHF (SFr)
Current Assets    
Cash SFr 1,391 SFr 2,381
Receivables 170 218
Prepaid expenses 41 66
Total current assets 1,602 2,665
Property and equipment, net of accumulated depreciation of E418 and E374 at December 31, 2016 and 2015, respectively 67 106
In-process research and development 0 2,266
Goodwill 6,671 6,671
Total assets 8,340 11,708
Current Liabilities    
Accounts payable 120 332
Deferred revenue from grants 1,165 1,098
Convertible notes payable to related parties 45,834 43,170
Total current liabilities 47,119 44,600
Shareholders' Equity (Deficit)    
Common stock, U.S. $.01 par value; 1,000,000,000 shares authorized at December 31, 2016 and 2015; issued 303,757,622 at December 31, 2016 and and 2015 2,530 2,530
Preferred stock, U.S. $.01 par value; 5,000,000 shares authorized; none issued or outstanding 0 0
Additional paid-in capital 34,392 34,315
Accumulated deficit (76,391) (70,427)
Accumulated other comprehensive income 690 690
Total shareholders' equity (deficit) (38,779) (32,892)
Total liabilities and shareholders' equity (deficit) SFr 8,340 SFr 11,708