v3.25.4
Cash and Cash Equivalents
12 Months Ended
Dec. 31, 2025
Cash and Cash Equivalents.  
Cash and Cash Equivalents

11. Cash and Cash Equivalents

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December 31, 

  ​ ​ ​

December 31, 

2025

2024

(€ in thousands)

Cash at banks

 

37,755

 

74,199

Deposits

37,639

75,209

Money market funds

17,019

Total

 

92,413

 

149,408

The cash at banks is at full disposal of the Company. Deposits are fixed for at most 3 month periods at a time. Money market funds are invested in short-term government-backed instruments with maturities up to three months at inception and are readily convertible to cash.