v3.26.3
Unaudited Interim Condensed Consolidated Statements of Cash Flows - EUR (€)
€ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of cash flows [abstract]    
Net losses € (42,025) € (14,766)
Depreciation and amortization 3,820 3,426
Finance income (16,751) (38,743)
Finance expense 32,764 23,612
Non-cash effective foreign currency gains (84) (110)
Share-based payments 1,053 1,284
Change in trade receivables not attributable to investing or financing activities 1,257 7,339
Change in inventories 2,404 4,369
Change in write-downs on inventories 2,555
Change in trade payables (5,746) (18,683)
Change in contract assets (749)
Change in contract liabilities 4,134 780
Change in other investments and other assets (58) (700)
Change in other provisions 816 249
Change in other liabilities (1) 60
Income tax expenses (benefits) (240) (120)
Interest received 1
Cash flow from operating activities (18,657) (30,196)
Purchase of property, plant, and equipment (923) (759)
Investments in intangible assets, including internally generated intangible assets (6) (278)
Investments in other entities (852)
Proceeds from sale of property, plant and equipment 23
Interest received
Cash flow from investing activities (1,781) (1,014)
Proceeds from issue of convertible notes and warrants 40,905
Proceeds from shareholder loans 10,204
Proceeds from issue of shares 7,947 316
Repurchase of warrants (4,245)
Proceeds from the exercise of warrants 4,794 22,181
Repayment of shareholder loans (14,358)
Repayment of lease liabilities (667) (1,237)
Interest paid (78) (1,423)
Cash flow from financing activities 17,955 46,384
Net decrease (-) / increase in cash and cash equivalents (2,483) 15,174
Net cash and cash equivalents at the beginning of the period 6,987 22,858
FX Effects 85 (163)
Net cash and cash equivalents at the end of the period € 4,589 € 37,869