CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenues
Research and development services	€ 75	€ 202
Grants	892	1,313
Total revenue	967	1,515
Expenses
Research and development	1,217	2,130
General and administrative	1,095	1,155
Bank fee	2	2
Depreciation	29	39
Directors' fees	20	20
Foreign exchange gain (loss)	123	(319)
Total expenses	2,486	3,027
Operating Loss	(1,519)	(1,512)
Interest expense	2,634	2,595
Loss before income tax (provision) benefit	(4,153)	(4,107)
Income tax (provision) benefit	(19)	(5)
Net loss	(4,172)	(4,112)
Other comprehensive income (loss)
Foreign currency translation adjustment	12	(23)
Comprehensive loss	€ (4,160)	€ (4,135)
Basic and diluted loss per share	€ (0.01)	€ (0.01)