v3.26.1
Unaudited Interim Condensed Consolidated Statements of Cash Flows - EUR (€)
€ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Statement of cash flows [abstract]    
Result for the period € (14,766) € (45,159)
Depreciation and amortization 3,426 3,561
Finance income excluding foreign currency gains (24,910) (23)
Finance expense excluding foreign currency losses 21,162 39,436
Non-cash effective foreign currency (gains) losses (11,493) 654
Share-based payments 1,284 2,003
Change in trade receivables not attributable to investing or financing activities 7,338 (10,170)
Change in inventories 4,369 (2,187)
Change in write-downs on inventories 2,555 2,969
Change in trade payables (18,684) 5,149
Change in contract assets (749) (125)
Change in contract liabilities 780 (609)
Change in other investments and other assets (700) (1,004)
Change in other provisions 249 818
Change in other liabilities 60 (345)
Income tax expenses (benefits) (120) 786
Interest received 1 12
Cash flow from operating activities (30,196) (4,237)
Purchase of property, plant, and equipment (759) (463)
Investments in intangible assets, including internally generated intangible asset (278) (257)
Proceeds from sale of property, plant and equipment 23
Interest received
Cash flow from investing activities (1,014) (721)
Proceeds from Issue of Convertible Note and Warrants 40,905
Proceeds from issuance of shares and other equity securities 316 301
Proceeds from the exercise of warrants 22,181 4,509
Repayment of loans and borrowings (14,357) (4,618)
Repayment of lease liabilities (1,236) (643)
Interest paid (1,423) (432)
Cash flow from financing activities 46,384 (883)
Net decrease (-) / increase in cash and cash equivalents 15,174 (5,840)
Net cash and cash equivalents at the beginning of the period 22,858 29,162
FX effects (163) 368
Net cash and cash equivalents at the end of the period € 37,869 € 23,691