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Unaudited Condensed Consolidated Statements of Cash Flows - EUR (€)
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities    
Loss for the period € (13,536,654) € (20,906,280)
Adjustments for:    
Depreciation & amortization of property and equipment, right-of-use assets and intangible assets 300,870 337,581
Net finance income (2,408,345) (1,000,217)
Share-based payment expense 4,668,481 2,687,779
Net foreign exchange differences 130,347 71,050
Changes in:    
Financial assets from government grants (8,260,503) 0
Other assets 611,843 172,001
Employee benefits (640,112) (662,388)
Other liabilities (7,867) (7,020)
Liabilities from government grants (6,154,865) 0
Trade and other payables (661,741) 672,727
Interest received 631,504 371,665
Interest paid (32,039) (5,491)
Net cash used in operating activities (25,359,081) (18,254,553)
Investing activities    
Purchase of intangible assets, property and equipment (9,728) (18,734)
Purchase of current financial assets (47,031,216) (27,535,842)
Proceeds from the maturity of financial assets 59,595,044 29,497,122
Net cash from investing activities 12,554,101 (1,942,546)
Financing activities    
Proceeds from issuance of common shares 0 65,142,549
Transaction costs from issuance of common shares 0 (4,219,222)
Proceeds from exercise of share options 0 963,735
Repayment of lease liabilities (182,014) (183,128)
Net cash from (used in) financing activities (182,014) 61,703,934
Net decrease increase in cash and cash equivalents (12,986,995) 45,391,927
Effect of exchange rate changes on cash and cash equivalents 2,153,152 999,820
Cash and cash equivalents at beginning of period 26,249,995 25,968,681
Cash and cash equivalents at end of period € 15,416,152 € 72,360,428