CONSOLIDATED BALANCE SHEETS (UNAUDITED) - EUR (€) € in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current Assets
Cash	€ 545	€ 1,180
Receivables	57	90
Prepaid expenses	50	36
Total current assets	652	1,306
Property and equipment, net of accumulated depreciation of E399 at March 31, 2018 and E391 at December 31, 2017	57	65
Goodwill	6,671	6,671
Total assets	7,380	8,042
Current Liabilities
Accounts payable	71	237
Deferred revenue from grants	85	274
Non-convertible notes payable and related accrued interest to related parties	2,344	2,330
Convertible notes payable and related accrued interest to related parties	48,651	48,079
Total liabilities	51,151	50,920
Shareholders' Equity (Deficit)
Common stock, U.S. $0.01 par value; 1,000,000,000 shares authorized; issued and outstanding 303,757,622 at March 31, 2018 and at December 31, 2017	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	34,434	34,428
Accumulated deficit	(81,401)	(80,503)
Accumulated other comprehensive income	666	667
Total shareholders' equity (deficit)	(43,771)	(42,878)
Total liabilities and shareholders' equity (deficit)	€ 7,380	€ 8,042