CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - EUR (€) € in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenue
Research and development services	€ 75	€ 0	€ 75	€ 202
Grants	199	399	685	897
Total revenue	274	399	760	1,099
Expenses
Research and development	343	555	922	1,522
General and administrative	319	276	832	900
Bank fee	0	1	1	2
Depreciation	7	10	23	28
Directors' fees	5	5	15	15
Foreign exchange (gain) loss and other	11	(78)	84	(285)
Total expenses	685	769	1,877	2,182
Operating (loss)	(411)	(370)	(1,117)	(1,083)
Interest expense	660	647	1,970	1,942
Loss before income tax (provision) benefit	(1,071)	(1,017)	(3,087)	(3,025)
Income tax (provision) benefit	0	(3)	(14)	(6)
Net loss	(1,071)	(1,020)	(3,101)	(3,031)
Other comprehensive loss
Foreign currency translation adjustment	3	(9)	6	18
Comprehensive loss	€ (1,068)	€ (1,029)	€ (3,095)	€ (3,013)