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Note 9 - Convertible Notes Payable at Fair Value (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Convertible Debt [Table Text Block]
  

2024

KEUR

  

2023

KEUR

 
         

Face value $27,656 convertible notes due December 7, 2023 (in default)

  24,035   25,629 
  

2024

  

2023

 

Indexed common shares

  18,537,485   12,441,365 

Fair value per share

 

$

1.24  

$

1.86 

Total Fair Value of Convertible Notes

 

EUR24,035

  

EUR25,629

 
Schedule of Debt [Table Text Block]

December 31, 2024

Issue Date

 

Principal

KUSD

  

Accrued Interest

KUSD

 

Tranch-1 @4% (12% - default rate)

December 7, 2022

  11,100   2,370 

Tranch-2 @4% (12% - default rate)

December 8, 2022

  8,150   1,657 

Tranch-3 @4% (12% - default rate)

December 20, 2022

  750   153 

Tranch-4 @12% (18% - default rate)

February 5, 2024

  4,318   470 

Tranch-5 @12% (18% - default rate)

August 30, 2024

  3,338   136 
          

Total

  27,656   4,785 

December 31, 2023

Issue Date

 

Principal

KUSD

  

Accrued Interest

KUSD

 

Tranch-1 @4% (12% - default rate)

December 7, 2022

  11,100   1,034 

Tranch-2 @4% (12% - default rate)

December 8, 2022

  8,150   676 

Tranch-3 @4% (12% - default rate)

December 20, 2022

  750   62 
          

Total

  20,000   1,772 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

Assumption

 

December 31, 2024

  

December 31, 2023

 
         

Closing price of underlying common equity

 

$

4.18  

$

5.92 

Exercise price

 

$

1.75  

$

1.64 

Volatility of underlying common equity

  150%  150%

Remaining term (in years)

 

1

  

1

 

Risk Free treasury rates

  4.18%  4.20%

Foreign exchange rate at year end USD/EUR

  1.0389   1.105