v3.25.2
Inventory
6 Months Ended
Jun. 30, 2025
Inventory [Abstract]  
Inventory
9.Inventory
   As of
June 30, 2025
(unaudited)
   As of
December 31, 2024
 
   (in €) 
         
Raw material and supplies   82,090    82,087 
Unfinished goods   4,902,547    6,758,952 
Finished goods   53,778    56,627 
Total   5,038,415    6,897,666 

 

As of June 30, 2025, inventory amounted to €5.0 million, which represents a decrease of €1.9 million compared to December 31,2024. In the first six months ended June 30, 2025, the Company recorded write downs of unfinished product of €2.4 million (€2.7 million for unfinished product as of December 2024) in cost of sales, due primarily to product quantities on-hand exceeding quantities expected to be sold prior to their expiry.