Notes to the interim condensed consolidated statement of financial position - Short-term Derivatives (Details)
|
|
|
|
|
|
|
6 Months Ended |
12 Months Ended |
|
May 07, 2025
EUR (€)
€ / shares
shares
|
May 02, 2025
€ / shares
shares
|
Apr. 28, 2025
shares
|
Dec. 19, 2024
EUR (€)
€ / shares
shares
|
Dec. 11, 2024
EUR (€)
€ / shares
D
shares
|
Oct. 17, 2024
EUR (€)
€ / shares
shares
|
Jun. 30, 2025
EUR (€)
€ / shares
shares
|
Jun. 30, 2024
EUR (€)
|
Dec. 31, 2024
EUR (€)
€ / shares
shares
|
Oct. 14, 2024
EUR (€)
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Short-term debt - derivatives | € |
|
|
|
|
|
|
|
|
€ 73,400,000
|
|
Par value per share |
|
|
|
|
|
|
€ 0.01
|
|
|
|
Proceeds from issuance of shares | € |
|
|
|
|
|
|
€ 57,370,000
|
€ 6,000
|
|
|
Issue of prefunded warrants | € |
|
|
|
|
|
|
58,206,000
|
|
|
|
T2 New Shares and T2 BSAs call options |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Losses on fair value variation | € |
|
|
|
|
|
|
€ (84,700,000)
|
|
|
|
Short-term debt - derivatives | € |
€ 158,100,000
|
|
|
|
|
|
|
|
€ 73,400,000
|
|
Tranche I, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Shares issued during period upon exercise of warrants | shares |
|
|
1,000,000
|
|
|
|
|
|
|
|
Tranche I, phase II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of shares and warrants | € |
|
|
|
€ 21,400,000
|
|
|
|
|
|
|
Net proceeds from issuance of shares and warrants | € |
|
|
|
€ 20,100,000
|
|
|
|
|
|
|
Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Fair Value (in millions of euros) | € |
273,700,000
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance of shares and warrants | € |
115,600,000
|
|
|
|
|
|
|
|
|
|
Net proceeds from issuance of shares and warrants | € |
108,000,000
|
|
|
|
|
|
|
|
|
|
Tranche II, 2024 Financing arrangement in three tranches | T2 New Shares and T2 BSAs call options |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Short-term debt - derivatives | € |
€ 158,100,000
|
|
|
|
|
|
|
|
|
|
T1 BSA Warrants | Tranche I, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of warrants exercised | shares |
|
|
|
|
|
|
1,000,000
|
|
|
|
Shares issued during period upon exercise of warrants | shares |
|
|
|
|
|
|
1,000,000
|
|
|
|
T1 BSA Warrants | Tranche I, phase I, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of warrants issued | shares |
|
|
|
|
|
35,399,481
|
|
|
|
|
Number of shares callable by warrants | shares |
|
|
|
|
|
35,399,481
|
|
|
|
|
Exercise price per warrant |
|
|
|
|
|
€ 0.01
|
|
|
|
|
Subscription price per warrant |
|
|
|
|
|
€ 1.34
|
|
|
|
|
Proceeds from issuance of shares and warrants | € |
|
|
|
|
|
€ 94,100,000
|
|
|
|
|
Net proceeds from issuance of shares and warrants | € |
|
|
|
|
|
€ 86,600,000
|
|
|
|
|
T1 bis BSA Warrants | Tranche I, phase II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of warrants issued | shares |
|
|
|
8,053,847
|
|
|
|
|
|
|
Number of shares callable by warrants | shares |
|
|
|
8,053,847
|
|
|
|
|
|
|
Exercise price per warrant |
|
|
|
€ 0.01
|
|
|
|
|
|
|
Warrants, Subscription Price |
|
|
|
€ 1.34
|
|
|
|
|
|
|
T2 BSA Prefunded Warrants |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Price per share |
|
€ 1.35
|
|
|
|
|
|
|
|
|
Number of shares callable by warrants | shares |
|
43,437,036
|
|
|
|
|
|
|
|
|
Subscription price per warrant |
|
€ 1.34
|
|
|
|
|
|
|
|
|
T2 BSA Prefunded Warrants | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Price per share |
€ 1.35
|
|
|
|
|
|
|
|
|
|
Number of warrants issued | shares |
43,437,036
|
43,437,036
|
|
|
|
|
43,437,036
|
|
|
|
Number of shares callable by warrants | shares |
43,437,036
|
|
|
|
|
|
|
|
|
|
Subscription price per warrant |
€ 1.34
|
|
|
|
|
|
|
|
|
|
Par value per share |
€ 0.01
|
|
|
|
|
|
|
|
|
|
Aggregate gross proceed | € |
|
|
|
|
€ 58,639,998.6
|
|
|
|
|
|
Adjustment to warrant subscription price |
|
|
|
|
€ 0.01
|
|
|
|
|
|
Approximate number of warrants expected to be issued | shares |
43,400,000
|
|
|
|
43,400,000
|
|
|
|
43,400,000
|
|
Number of shares per warrant | shares |
1
|
1
|
|
|
1
|
|
|
|
1
|
|
Stock price |
€ 3.19
|
|
|
|
€ 2.37
|
|
|
|
€ 2.18
|
|
Maturity term of warrants |
|
|
|
|
3 months 15 days
|
|
|
|
3 months
|
|
Expected volatility |
|
|
|
|
59.30%
|
|
|
|
58.30%
|
|
Fair value of potential warrants | € |
€ 138,100,000
|
|
|
|
€ 45,400
|
|
|
|
€ 37,300
|
|
Settlement of warrants through reserves | € |
€ 138,100,000
|
|
|
|
|
|
|
|
|
|
Unit Fair value (€) |
3.18
|
|
|
|
1.05
|
|
|
|
0.86
|
|
Issue of prefunded warrants | € |
€ 58,200,000
|
|
|
|
|
|
|
|
|
|
Share price, measurement input |
€ 3.19
|
|
|
|
|
|
|
|
|
|
T2 BSA Prefunded Warrants | Tranche II, 2024 Financing arrangement in three tranches | T2 BSA Call options |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Short-term debt - derivatives | € |
€ 79,900,000
|
|
|
|
|
|
|
|
|
|
Unit consisting of one T2 BSA Warrant and one T3 BSA warrant | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Subscription price per warrant |
|
€ 1.34
|
|
|
|
|
|
|
|
|
T3 BSAs Warrants Attached To T2 New Shares | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares callable by warrants | shares |
38,239,990
|
38,239,990
|
|
|
|
|
|
|
|
|
Exercise price per warrant |
€ 1.5
|
€ 1.5
|
|
|
|
|
|
|
|
|
T3 BSAs Warrants Attached To T2 BSA Warrants |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares callable by warrants | shares |
|
39,093,329
|
|
|
|
|
|
|
|
|
Exercise price per warrant |
|
€ 1.5
|
|
|
|
|
|
|
|
|
T3 BSAs Warrants Attached To T2 BSA Warrants | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares callable by warrants | shares |
39,093,329
|
|
|
|
|
|
|
|
|
|
Exercise price per warrant |
€ 1.5
|
|
|
|
|
|
|
|
|
|
Number of warrants in each unit | shares |
|
1
|
|
|
|
|
|
|
|
|
T2 and T3 BSAs | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Subscription price per warrant |
€ 1.34
|
|
|
|
|
|
|
|
|
|
Issue of prefunded warrants | € |
€ 58,200,000
|
|
|
|
|
|
|
|
|
|
T1 New Share | Tranche I, phase I, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares issued during the period | shares |
|
|
|
|
|
34,600,507
|
|
|
|
|
Price per share |
|
|
|
|
|
€ 1.35
|
|
|
|
|
T1 bis Shares | Tranche I, phase II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares issued during the period | shares |
|
|
|
7,872,064
|
|
|
|
|
|
|
Price per share |
|
|
|
€ 1.35
|
|
|
|
|
|
|
T2 New Share | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares issued during the period | shares |
42,488,883
|
42,488,883
|
|
|
|
|
42,488,883
|
|
|
|
Price per share |
€ 1.35
|
|
|
|
|
|
|
|
|
|
Par value per share |
€ 0.01
|
|
|
|
|
|
|
|
|
|
Approximate number of shares expected to be issued | shares |
42,500,000
|
|
|
|
42,500,000
|
|
|
|
42,500,000
|
|
Number of shares per instruments | shares |
1
|
|
|
|
1
|
|
|
|
1
|
|
Stock price |
€ 3.19
|
|
|
|
€ 2.37
|
|
|
|
€ 2.18
|
|
Maturity |
|
|
|
|
3 months 15 days
|
|
|
|
3 months
|
|
Expected volatility |
|
|
|
|
59.30%
|
|
|
|
58.30%
|
|
Fair value of potential shares | € |
€ 135,500,000
|
|
|
|
€ 44,000
|
|
|
|
€ 36,100
|
|
Unit fair value |
3.19
|
|
|
|
1.04
|
|
|
|
0.85
|
|
Proceeds from issuance of shares | € |
€ 57,400,000
|
|
|
|
|
|
|
|
|
|
Share price, measurement input |
€ 3.19
|
|
|
|
|
|
|
|
|
|
T2 New Share | Tranche II, 2024 Financing arrangement in three tranches | T2 New Shares Call options |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Short-term debt - derivatives | € |
€ 78,200,000
|
|
|
|
|
|
|
|
|
|
T2 New Share | If five day volume weighted average price more than €1.35 | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Call option strike price |
|
|
|
|
€ 1.35
|
|
|
|
|
|
Call option, conversion ratio |
|
|
|
|
1
|
|
|
|
|
|
T2 New Share | ABSA warrants | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Aggregate gross proceed | € |
|
|
|
|
€ 57,359,992
|
|
|
|
|
|
Number of trading days of volume weighted average price | D |
|
|
|
|
5
|
|
|
|
|
|
T2 New Share | T3 BSAs Warrants Attached To T2 New Shares | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares per warrant | shares |
1
|
|
|
|
|
|
|
|
|
|
Number of warrants in each unit | shares |
|
1
|
|
|
|
|
|
|
|
|
ABSAs | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Price per share |
€ 1.35
|
€ 1.35
|
|
|
|
|
|
|
|
|
Maximum | 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Structured Financing amount | € |
|
|
|
|
|
|
|
|
|
€ 348,000,000
|
Maximum | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Structured Financing amount | € |
|
|
|
|
|
|
|
|
|
€ 116,000,000
|
Maximum | T2 BSA Prefunded Warrants | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Exercise price per warrant |
|
|
|
|
€ 1.35
|
|
|
|
|
|
Maximum | T3 BSA warrants | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Additional proceeds receivable upon exercise of warrants | € |
€ 116,000,000
|
|
|
|
|
|
|
|
|
|
Maximum | T3 BSAs Warrants Attached To T2 New Shares | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Additional proceeds receivable upon exercise of warrants | € |
57,400,000
|
|
|
|
|
|
|
|
|
|
Maximum | T3 BSAs Warrants Attached To T2 BSA Warrants | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Additional proceeds receivable upon exercise of warrants | € |
€ 58,600,000
|
|
|
|
|
|
|
|
|
|
Maximum | T2 and T3 BSAs | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Number of shares callable by warrants | shares |
120,800,000
|
|
|
|
|
|
|
|
|
|
Maximum | T2 New Share | ABSA warrants | Tranche II, 2024 Financing arrangement in three tranches |
|
|
|
|
|
|
|
|
|
|
Disclosure of detailed information about borrowings [line items] |
|
|
|
|
|
|
|
|
|
|
Exercise price per warrant |
|
|
|
|
€ 1.35
|
|
|
|
|
|