v3.25.1
Note 8 - Convertible Notes Payable at Fair Value (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Convertible Debt [Table Text Block]
   

March 31, 2025

KEUR

   

December 31, 2024

KEUR

 
                 

Face value $29,656 convertible notes

    15,305       24,035  
   

March 31, 2025

   

December 31, 2024

 

Indexed common shares

    8,819,247       18,537,485  

Fair value per share

 

$

1.60    

$

1.24  

Total Fair Value of Convertible Notes

 

EUR15,305

   

EUR24,035

 
Schedule of Debt [Table Text Block]

March 31, 2025

Issue Date

Maturity Date

 

Principal

KUSD

   

Accrued Interest

KUSD

 

Tranch-1 @4% (12% - default rate)

December 7, 2022

July 1, 2025

    11,100       2,698  

Tranch-2 @4% (12% - default rate)

December 8, 2022

July 1, 2025

    8,150       1,898  

Tranch-3 @4% (12% - default rate)

December 20, 2022

July 1, 2025

    750       175  

Tranch-4 @12% (18% - default rate)

February 5, 2024

July 1, 2025

    4,318       598  

Tranch-5 @12% (18% - default rate)

August 30, 2024

August 30, 2025

    3,338       235  

Tranch-6a @12% (18% - default rate)

February 12, 2025

February 12, 2026

    1,000       16  

Tranch-6b @12% (18% - default rate)

March 25, 2025

March 24, 2026

    1,000       2  

Total

    29,656       5,621  

December 31, 2024

Issue Date

 

Principal

KUSD

   

Accrued Interest

KUSD

 

Tranch-1 @4% (12% - default rate)

December 7, 2022

    11,100       2,370  

Tranch-2 @4% (12% - default rate)

December 8, 2022

    8,150       1,657  

Tranch-3 @4% (12% - default rate)

December 20, 2022

    750       153  

Tranch-4 @12% (18% - default rate)

February 5, 2024

    4,318       470  

Tranch-5 @12% (18% - default rate)

August 30, 2024

    3,338       136  
                   

Total

    27,656       4,785  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

Assumption

 

March 31, 2025

   

December 31, 2024

 
                 

Closing price of underlying common equity

 

$

3.50    

$

4.18  

Exercise price

 

$

4.00    

$

1.75  

Volatility of underlying common equity

    150 %     150 %

Remaining term (in years)

    .75       1  

Risk Free treasury rates

    4.60 %     4.18 %

Foreign exchange rate at year end USD/EUR

    1.0815       1.0389