Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 1177

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 2
Chunk 1177
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1,691) 
     (4,946)
  
    Interest expense 
     (9,726) 
     (19,709)
  
    Income taxes 
     (87) 
     (161)
  
    Solis bond waiver fee 
     -  
     (11,232)
  
    Impairment loss recognized on the remeasurement to fair value less costs to sell 
     -  
     (11,766)
  
    Gain on sale of discontinued operations, net assets 
     51,931  
     - 
  
    Net Loss 
    $45,912  
    $(37,116)

    United States 

    EBITDA 
    $(8,454) 
    $(4,560)
  
    Depreciation, amortization, and accretion 
     (194) 
     (57)
  
    Interest expense 
     (4,820) 
     (1,889)
  
    Income taxes 
     (590) 
     (15)
  
    Valuation on FPA asset 
     -  
     (16,642)
  
    Fair value movement of FPA asset 
     (483) 
     - 
  
    Fair value movement of convertible debt 
     67  
     - 
  
    Fair value movement of warrant 
     565  
     - 
  
    Net loss on issuance of debt 
     (520) 
     - 
  
    Gain on extinguishment of debt 
     179  
     - 
  
    Net Loss 
    $(14,250) 
    $(23,163)
  
    Consolidated Net Loss 
    $21,078  
    $(69,464)

One customer represented 100%
of continuing operational revenues during the year ended December 31, 2024 compared to two customers that represented 86% for the year
ended December 31, 2023. The revenues from these customers accounted for $0.3 million and $3.0 million of revenue for the year ended December
31, 2024 and 2023, respectively.

Five customers represented
76% of the discontinued operational revenues during the year ended December 31, 2024 compared to four customers that represented 84% for
the year ended December 31, 2023. The revenues from these customers accounted for $7.7