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CONSOLIDATED STATEMENTS OF CASH FLOWS - EUR (€)
€ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating Activities    
Net loss € (3,836) € (3,484)
Add:    
Net interest expense and other financing charges 2,149 1,098
Depreciation and amortization 13,067 8,454
Share based compensation 2,055 3,773
(Loss) gain on remeasurement of derivative liability 47 (13)
Gain on settlement of convertible debt (595)  
Gain on remeasurement of consideration receivable   (37)
(Loss) gain on remeasurement of deferred consideration 440 (804)
Unrealized foreign exchange gain (loss) (591) 4
Transaction and acquisition costs attributable to convertible debt   121
Income tax expense 910 1,558
Adjustments to reconcile profit (loss) before working capital changes and income tax payable 13,646 10,670
Change in working capital (455) (3,646)
Income tax paid (1,452) (1,271)
Cash Flows From Operating Activities 11,739 5,753
Investing Activities    
Purchases of property and equipment (332) (544)
Additions of intangible assets (9,391) (7,377)
Proceeds from sale of discontinued operations   91
Consideration paid upon business combination   (8,488)
Cash acquired from business combination   266
Prepaid consideration   (821)
Cash Flows Used In Investing Activities (9,723) (16,873)
Financing Activities    
Proceeds from exercise of stock options 440 14
Repayment of convertible debt (3,693)  
Proceeds from convertible debt, net of costs   8,053
Repayment of lease liability (595) (188)
Repayment of loans (109) (661)
Interest income 1 13
Interest and financing fees (210) (334)
Cash Flows (Used In) Generated from Financing Activities (4,166) 6,897
Effect of foreign currency exchange rate changes on cash and cash equivalents (341) (496)
Change in Cash and Cash Equivalents (2,491) (4,719)
Cash and cash equivalents at beginning of year 11,287 16,006
Cash and Cash Equivalents at end of year € 8,796 € 11,287