Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 1

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 liability, net of current portion 
     -  
     407 
  
    Total Liabilities 
     40,741  
     41,612 

    Shareholders’ Deficit 

    Preferred stock, $0.0001 par value, 1,000,000 authorized as of March 31, 2025 and December 31, 2024. 10,000 issued and outstanding as of March 31, 2025 and 0 as at December 31, 2024. 
     60  
     - 
  
    Common stock, $0.0001 par value, 300,000,000 authorized as of March 31, 2025 and as of December 31, 2024; 10,148,354 issued and outstanding as of March 31, 2025 and 5,037,826 issued and outstanding as of December 31, 2024. 
     10  
     10 
  
    Additional paid in capital 
     39,098  
     35,917 
  
    Foreign currency translation reserve 
     (3,215) 
     (2,679)
  
    Accumulated deficit 
     (67,313) 
     (67,133)
  
    Total Shareholders’ Deficit 
     (31,360) 
     (33,885)
  
    Total Liabilities and Shareholder’ Deficit 
    $9,381  
    $7,727 

The accompanying notes are an integral part of
these consolidated financial statements.

1

ALTERNUS CLEAN ENERGY, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE
LOSS

(in thousands, except share and per share data)

(Unaudited)

    Three Months Ended March 31 

    2025  
    2024 

    Revenues 
    $-  
    $93 

    Operating Expenses 

    Cost of revenues 
     -  
     (15)
  
    Selling, general, and administrative 
     (1,490) 
     (3,107)
  
    Depreciation, amortization, and accretion 
     (130) 
     (70)
  
    Development costs 
     -  
     (7)
  
    Gain on sale of Spanish subsidiaries