CONSOLIDATED BALANCE SHEETS (UNAUDITED) - EUR (€) € in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current Assets
Cash	€ 623	€ 683
Receivables	19	164
Prepaid expenses	124	85
Total current assets	766	932
Property and equipment, net of accumulated depreciation of E458 at September 30, 2020 and E445 at December 31, 2019	44	52
Right-of-use asset	154	230
Goodwill	6,671	6,671
Total assets	7,635	7,885
Current Liabilities
Accounts payable	58	167
Deferred revenue	6	0
Operating lease liability	102	102
Non-convertible notes payable and related accrued interest to related parties	6,512	5,308
Convertible notes payable and related accrued interest to related parties	55,175	53,378
Total current liabilities	61,853	58,955
Long Term Liabilities
Debt - principal payable to the Federal Financing Bank	156	0
Operating lease liability	52	128
Total long-term liabilities	208	128
Total liabilities	62,061	59,083
Commitments and contingencies (Note 3)
Shareholders' Deficit
Common stock, U.S. $0.01 par value; 1,200,000,000 shares authorized; issued and outstanding 303,757,622 at September 30, 2020 and at December 31, 2019	2,530	2,530
Preferred stock, U.S. $0.01 par value; 5,000,000 shares authorized; none issued or outstanding	0	0
Additional paid-in capital	34,443	34,443
Accumulated deficit	(92,095)	(88,862)
Accumulated other comprehensive income	696	691
Total shareholders' deficit	(54,426)	(51,198)
Total liabilities and shareholders' deficit	€ 7,635	€ 7,885