CONSOLIDATED BALANCE SHEETS - EUR (€) € in Thousands	Dec. 31, 2018	Dec. 31, 2017
Current Assets
Cash	€ 479	€ 1,180
Receivables	585	90
Prepaid expenses	37	36
Total current assets	1,101	1,306
Property and equipment, net of accumulated depreciation of E391 and E406 at December 31, 2017 and 2016, respectively	36	65
Goodwill	6,671	6,671
Total assets	7,808	8,042
Current Liabilities
Accounts payable	75	237
Deferred revenue from grants	0	274
Non-convertible notes payable and related accrued interest to related parties	4,002	2,330
Convertible notes payable to related parties	50,756	48,079
Total liabilities	54,833	50,920
Shareholders' Equity (Deficit)
Common stock, U.S. $.01 par value; 1,000,000,000 shares authorized at December 31, 2018 and 2017; issued and outstanding 303,757,622 at December 31, 2018 and 2017	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	34,441	34,428
Accumulated deficit	(84,675)	(80,503)
Accumulated other comprehensive income	679	667
Total shareholders' equity (deficit)	(47,025)	(42,878)
Total liabilities and shareholders' equity (deficit)	€ 7,808	€ 8,042