XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities    
Net loss € (4,805) € (4,730)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation 15 19
Changes in operating assets and liabilities,    
Receivables (47) 56
Accrued interests on related party convertible notes payable 2,764 2,791
Accrued interests on related party non-convertible notes payable 221 188
Operating lease 3 (3)
Accounts payable 166 (23)
Other (Prepaid) (4) 4
Net cash used in operating activities (1,687) (1,698)
Cash Flows from Investing Activities    
Purchase of property and equipment (2) (10)
Net cash used in investing activities (2) (10)
Cash Flows from Financing Activities    
Repayments of Federal Bank loan (14) 0
Proceeds from non-convertible notes payable 1,450 1,200
Net cash provided by financing activities 1,436 1,200
Effect of foreign exchange rate on cash (5) (4)
Net decrease in cash (258) (512)
Cash, beginning of period 571 1,083
Cash, end of period € 313 € 571