v3.25.2
Note 8 - Convertible Notes Payable at Fair Value (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Convertible Debt [Table Text Block]
   

June 30, 2025

KEUR

   

December 31, 2024

KEUR

 
                 

Face value convertible notes

    15,341       24,035  
   

June 30, 2025

   

December 31, 2024

 

Indexed common shares

    9,390,445       18,537,485  

Fair value per share

 

$

1.92    

$

1.24  

Total Fair Value of Convertible Notes

 

EUR15,341

   

EUR24,035

 
Schedule of Debt [Table Text Block]

June 30, 2025

Issue Date

Maturity Date

 

Principal

KUSD

   

Accrued Interest

KUSD

 

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

December 7, 2022

July 1, 2025

    11,100       3,030  

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

December 8, 2022

July 1, 2025

    8,150       2,142  

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

December 20, 2022

July 1, 2025

    750       197  

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

February 5, 2024

July 1, 2025

    4,318       855  

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

August 30, 2024

August 30, 2025

    3,338       335  

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

February 12, 2025

February 12, 2026

    1,000       46  

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

March 25, 2025

March 24, 2026

    1,000       32  

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

April 24, 2025

April 23, 2026

    500       11  

Tranch-6d @12% (18% - default rate

May 27, 2025

May 26, 2026

    750       9  

Total

    30,906       6,657  

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

 

June 30, 2025

   

December 31, 2024

 
                 

Closing price of underlying common equity

 

$

3.60    

$

4.18  

Exercise price

 

$

4.00    

$

1.75  

Volatility of underlying common equity

    150 %     150 %

Remaining term (in years)

    1.       1  

Risk Free treasury rates

    4.11 %     4.18 %

Foreign exchange rate at year end USD/EUR

    1.1770       1.0389