CONSOLIDATED BALANCE SHEETS (UNAUDITED) - EUR (€) € in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current Assets
Cash	€ 830	€ 1,391
Receivable	56	170
Prepaid expenses	41	41
Total current assets	927	1,602
Property and equipment, net of accumulated depreciation of E363 at September 30, 2017 and E418 at December 31, 2016	73	67
Goodwill	6,671	6,671
Total assets	7,671	8,340
Current Liabilities
Accounts payable	96	120
Deferred revenue from grants	733	1,165
Non-convertible notes payable and related accrued interest to related parties	1,167	0
Convertible notes payable and related accrued interest to related parties	47,472	45,834
Total liabilities	49,468	47,119
Shareholders' Equity (Deficit)
Common stock, U.S. $0.01 par value;1,000,000,000 shares authorized; issued 303,757,622 at September 30, 2017 and at December 31, 2016	2,530	2,530
Preferred stock, U.S. $0.01 par value; 5,000,000 shares authorized; none issued or outstanding	0	0
Additional paid-in capital	34,423	34,392
Accumulated deficit	(79,422)	(76,391)
Accumulated other comprehensive income	672	690
Total shareholders' equity (deficit)	(41,797)	(38,779)
Total liabilities and shareholders' equity (deficit)	€ 7,671	€ 8,340