v3.26.1
Related Party Transactions (Tables)
 12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Schedule of Nature and Amount of Other Related Party Transactions

The nature and amount of related party transactions for the years ended December 31, 2025 and December 31, 2024 are as follows:

   2025   2024   2023 
Revenues  €1,549   €28   €
-
 
Equity based expenses: strategic advisors   (261,389)    
-
    
-
 
Equity based expenses: other related parties   (6,212)   (423)   (20)
General and administrative expenses   (1,971)   (1,119)   
-
 
Other income (expense)   (780)   1    
-
 
Total related party transactions reported in the Consolidated Statement of Profit or Loss   (268,803)   (1,513)   (20)
Schedule of Related Parties Transactions
   2025   2024 
Accounts receivable and other receivables, net:  €91   €8 
Directors and former directors   1    4 
Affiliates of directors and former directors   90    4 
Prepaid expenses and other current assets:  €622   €295 
Directors and former directors   622    
-
 
Affiliates of directors and former directors        263 
Other related parties        32 
Prepayment for digital assets:  €28,680   €
-
 
Other related parties   28,680    
-
 
Digital assets:  €78,174   €
-
 
Affiliates of directors and previous directors   78,174    
-
 
Accounts payable:  €345   €177 
Directors and former directors   219    140 
Affiliates of directors and former directors   57    37 
Minority shareholders   69      
Other long-term liabilities:  €
-
   €197 
Directors and former directors   
-
    197 
Schedule of Key Management Compensation

The remuneration of directors and other members of key management personnel during the years ended December 31, 2025 and 2024 were as follows:

 

   2025   2024 
Key management personnel compensation  €1,085   €192 
Directors’ fees   408    258 
Stock-based compensation   2,984    423 
Schedule of Shares Issued and Held by Related Parties

As of December 31, 2025 and 2024, total shares issued to and held by the Company’s related parties was as follows:

 

   2025   2024 
   Shares
held		   Carrying
Value at
December 31		   Shares
held		   Carrying
Value at
December 31		 
Directors and former directors   63,250   €5,482    33,280   €557 
Directors that are also Strategic Advisors   894,790    152,975    
-
    
-
 
Affiliates of directors and former directors   1,377,136    119,393    69,600    2,995 
Officers and former officers   
-
    2,345    
-
    
-
 
Other related parties   204,424    33,485    22,000    1,608 
Schedule of Equity Warrants Issued and Held by Related Parties

As of December 31, 2025 and 2024, total equity warrants issued to and held by the Company’s related parties were as follows:

 

   2025   2024 
   Warrants
held		   Carrying
Value at
December 31		   Warrants
held		   Carrying
Value at
December 31		 
Directors and former directors   
-
   €
-
    
-
   €
-
 
Directors that are also Strategic Advisors   447,111    95,202    
-
    
-
 
Affiliates of directors and former directors   1,616,667    
-
    382    101 
Officers and former officers   
-
    
-
    
-
    
-
 
Other related parties   88,889    13,368    
-
    
-
 
Schedule of Equity Warrants Granted The table below summarized equity-based compensation expenses and other details of equity warrants granted under the Strategic Advisor Agreement.
   Total
warrants
granted as of
December 31,
2025		   Total
warrants
exercised as of
December 31,
2025		   Exercise
price, USD		   Fair value of
warrants
granted
in 2025		 
Pre-funded warrants   666,666    333,333   $0.50   €109,454 
Common warrants 1   333,333    166,667   $67.50    51,558 
Common warrants 2   600,000    600,000   $67.50    90,337 
Stand-alone PIPE warrants S1-S5   62,208    62,208   $15.0    10,040 
TOTAL   1,662,207    1,162,208         261,389