CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (UNAUDITED) - EUR (€) € in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenue
Research and development services	€ 0	€ 0
Grants	0	297
Total revenue	0	297
Expenses
Research and development	215	308
General and administrative	278	277
Bank fee	1
Depreciation	5	8
Directors' fees	5	5
Foreign exchange (gain) loss	55	(65)
Total expenses	559	533
Operating Loss	(559)	(236)
Interest expense	666	653
Loss before income tax provision	(1,225)	(889)
Income tax provision	(3)	(9)
Net loss	(1,228)	(898)
Other comprehensive income (loss)
Foreign currency translation adjustment	5	(1)
Comprehensive loss	€ (1,223)	€ (899)
Basic and diluted loss per share	€ (0.00)	€ (0.00)