v3.26.1
Consolidated Statements of Changes in Shareholders’ Equity - EUR (€)
€ in Thousands, shares in Thousands
Preferred Shares
Series A
Preferred Shares
Series B
Ordinary Shares
Class A
Ordinary Shares
Class B
Shares pending cancellation
Capital Reserves
Accumulated Deficit
Non- Controlling Interest
Total
Balance at Dec. 31, 2022 € 36 € 10 € (1) € 1,329 € (1,506) € (132)
Balance (in Shares) at Dec. 31, 2022 77,000 26,551          
Shares issued for cash € 7 6,770 6,777
Shares issued for cash (in Shares)     16,500          
Share options 170 170
Shares issued for services € 1 110 111
Shares issued for services (in Shares) 1,050          
Exchange difference arising from translation 40 40
Non-controlling interest on acquisition of subsidiaries 890 890
Net loss for the period (4,438) (473) (4,911)
Balance at Dec. 31, 2023 € 36 € 18 (1) 8,419 (5,944) 417 2,945
Balance (in Shares) at Dec. 31, 2023 77,000 44,101          
Shares issued for cash € 3 2,620 2,623
Shares issued for cash (in Shares) 545,000          
Subscription receivable payment 1 1
Equity contribution by non0controlling interest 14 14
Shares issued for investment in Juve Stabia football club 15 1,985 2,000
Related party debt exchange agreement € 2 243 245
Related party debt exchange agreement (in Shares) 4,080          
Shares converted from Class A to Class B € (9) € 9
Shares converted from Class A to Class B (in Shares) (18,500) 18,500          
Obligation to issue shares 107 107
Non-controlling interest debt conversion (30) 30
Share options 170 170
Shares issued for services € 4 787 791
Shares issued for services (in Shares) 8,150          
Exchange difference arising from translation (28) (28)
Net loss for the period (4,428) (621) (5,049)
Balance at Dec. 31, 2024 € 3 € 29 € 46 14,273 (10,372) (160) 3,819
Balance (in Shares) at Dec. 31, 2024 545,000 62,580 102,751          
Shares issued for investment in Juve Stabia football club (in Shares) 32,000          
Shares issued for cash € 1 € 1 € 9 2,348 2,359
Shares issued for cash (in Shares) 186,400 161,990 20,741          
Issuance cost on placement agent warrants 351 351
PIPE Share issuances € 2,602 143,357 145,959
PIPE Share issuances (in Shares) 6,150,552          
Issuance cost on PIPE placement agent warrants 89,176 89,176
Excess shares issued € 23 (23)
Excess shares issued (in Shares) 53,246          
Cashless warrants exercise € 568 (560) 8
Cashless warrants exercise (in Shares) 1,324,442          
Warrant exercise with cash payment € 141 26 167
Warrant exercise with cash payment (in Shares) 333,555          
Warrants issued for service 251,349 251,349
Other Warrants issued 13,268 13,268
Shares issued for Juve Stabia acquisition € 20 3,710 3,730
Shares issued for Juve Stabia acquisition (in Shares) 42,000          
Class A Shares issued for settlement of debt 42 42
Class A Shares issued for settlement of debt (in Shares)     800            
Shares conversions € (4) € (1) € (16) € 18 (3)
Shares conversions (in Shares) (711,400) (161,990) (31,380) 133,190          
Redemption of shares for cash € (13) (13)
Redemption of shares for cash (in Shares)     (32,000)            
Obligation to issue shares (31) (31)
UYBA Equity contribution NCI 69 69
Discontinued Operations (803) 803 462 462
Elimination of Non-controlling Interest upon 100% acquisition of Juve Stabia (283) 283
Shares sold for cash 1,227 1,227
Non-controlling interest contribution Juve Stabia 643 643
Non-controlling interest on acquisition of subsidiary Juve Stabia 484 484
Share options € 1 162 163
Share options (in Shares) 1,500          
Shares issued for services € 17 4,455 4,472
Shares issued for services (in Shares) 37,500          
Exchange difference arising from translation 2,270 41 2,311
Net loss for the period (376,223) (1,822) (378,045)
Balance at Dec. 31, 2025 € 3,445 € (23) € 524,620 € (386,034) € (41) € 141,967
Balance (in Shares) at Dec. 31, 2025 20,000 8,199,477