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Unaudited Condensed Consolidated Statements of Cash Flows - EUR (€)
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Operating activities    
Loss for the period € (19,285,963) € (13,536,654)
Adjustments for:    
Depreciation & amortization of property and equipment, right-of-use assets and intangible assets 293,328 300,870
Net finance income (1,165,044) (2,408,345)
Share-based payment expense 2,239,397 4,668,481
Net foreign exchange differences (23,953) 130,347
Changes in:    
Financial assets from government grants (4,460,274) (8,260,503)
Other assets 6,295,975 611,843
Employee benefits (411,774) (640,112)
Other liabilities 60,443 (7,869)
Liabilities from government grants received (5,407,634) (6,154,865)
Trade and other payables 213,270 (661,741)
Inventories (578,705)
Interest received 556,068 631,504
Interest paid (10,777) (32,039)
Net cash used in operating activities (21,685,642) (25,359,081)
Investing activities    
Purchase of intangible assets, property and equipment (24,673) (9,728)
Purchase of current financial assets (83,071,163) (47,031,216)
Proceeds from the maturity of financial assets 55,202,491 59,595,044
Net cash from/(used in) investing activities (27,893,346) 12,554,101
Financing activities    
Proceeds from issuance of common shares 56,483,929
Transaction costs from issuance of common shares (3,360,626)
Proceeds from exercise of share options 236,943
Repayment of lease liabilities (184,791) (182,014)
Net cash from/(used in) financing activities 53,175,455 (182,014)
Net increase/(decrease) in cash and cash equivalents 3,596,467 (12,986,995)
Effect of exchange rate changes on cash and cash equivalents (345,862) 2,153,152
Cash and cash equivalents at beginning of period 16,265,355 26,249,995
Cash and cash equivalents at end of period € 19,515,959 € 15,416,152