CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - EUR (€) € in Thousands	3 Months Ended
Mar. 31, 2020	Mar. 31, 2019
Cash Flow from Operating Activities
Net loss	€ (1,164)	€ (1,228)
Adjustments to reconcile net loss to net cash used in operating activities
Depreciation	5	5
Stock compensation expense - options	0	2
Changes in operating assets and liabilities
Receivables	(157)	537
Accrued interests on convertible notes payable	699	697
Accrued interests on non-convertible notes payable	32	24
Accounts payable	69	(39)
Deferred grant	46	0
Other	16	(7)
Net cash used in operating activities	(454)	(9)
Cash Flows from Investing Activities
Purchase of property and equipment	(5)	0
Net cash used in investing activities	(5)	0
Cash Flows from Financing Activities
Effect of foreign exchange rate on cash	7	5
Net change in cash	(452)	(4)
Cash, beginning of period	683	479
Cash, end of period	231	475
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest	0	0
Cash paid for taxes	€ 8	€ 3

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