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KPIsSections1
| Revenue — GREEN | €0 |
|---|---|
| Net income — GREEN | -€418,000 |
Red flags2 red1 orange
Liquidity3
RED
Negative operating cash flow
operating_cf_burnThe company is burning cash from operations — sustainability depends on financing.
RED
Cash runway ~0.1 years
cash_runway_lowAt current burn rate, cash covers less than 2 years — may require near-term financing.
ORANGE
Accumulated deficit / equity 454%
accumulated_deficit_highAccumulated deficit exceeds equity book value — balance sheet technically impaired.
Income Statement
| Metric | Value | Flag |
|---|---|---|
| Revenue | €0 | GREEN |
| Operating Income | -€413,000 | GREEN |
| Net Income | -€418,000 | GREEN |
| Income Tax Expense | €0 | GREEN |
| Pre-tax Income | -€418,000 | GREEN |
| Interest Expense | €5,000 | GREEN |
| Earnings from Continuing Operations | -€418,000 | GREEN |
Balance Sheet
| Metric | Value | Flag |
|---|---|---|
| Total Assets | €137,000 | GREEN |
| Current Assets | €137,000 | GREEN |
| Current Liabilities | €44,000 | GREEN |
| Total Liabilities | €44,000 | GREEN |
| Total Equity | €92,000 | GREEN |
| Noncontrolling Interest | €0 | GREEN |
| Retained Earnings | -€418,000 | GREEN |
| Cash & Equivalents | €25,000 | GREEN |
| Long-term Debt | €0 | GREEN |
| Common Stock | €2.5M | GREEN |
| Additional Paid In Capital | €17.3M | GREEN |
Cash Flow
| Metric | Value | Flag |
|---|---|---|
| Operating Cash Flow | -€330,000 | GREEN |
| Investing Cash Flow | €0 | GREEN |
| Financing Cash Flow | €338,000 | GREEN |
| Change in Other Net Operating Assets | €186,000 | GREEN |
| Long Term Debt Issued | €0 | GREEN |
| Issuance of Common Stock | €238,000 | GREEN |
| Net Change in Cash | €8,000 | GREEN |
| Cash Interest Paid | €5,000 | GREEN |
Sections in this filing
Financial Statements
The consolidated financial statements were authorised for issue by the Board of Directors on 26