Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 15

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 15
---
 Consolidation 

The consolidated financial
statements include the financial statements of the Company and its subsidiaries. All intercompany accounts and transactions have been
eliminated in consolidation. The results of subsidiaries acquired or disposed of during the respective periods are included in the consolidated
financial statements from the effective date of acquisition or up to the effective date of disposal, as appropriate. The consolidated
financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the related
notes for the year ended December 31, 2024, contained in the Company’s Annual Report on Form 10-K as filed with the Securities and
Exchange Commission (“SEC”).

Net Income / (Loss) Per Share

Net income / (loss) per share
is computed pursuant to ASC 260, Earnings per Share. Basic net income / (loss) per share attributable to common shareholders is computed
by dividing net income / (loss) attributable to common shareholders by the weighted average number of common stock outstanding for the
period. Diluted net income / (loss) per share attributable to common shareholders is computed by dividing net loss attributable to common
shareholders by the weighted average number of common stock outstanding for the period plus the number of common stock that would have
been outstanding if all potentially dilutive common stock had been issued, using the treasury stock method or if-converted method, as
applicable. Potentially dilutive shares related to warrants and convertible notes were excluded from the calculation of diluted net income
/ (loss) per share due to their anti-dilutive effect due to losses in 2024 and 2025. The following table sets forth the outstanding potentially
dilutive securities that have been excluded in the calculation of diluted net loss per share because their inclusion would be anti-dilutive:

    Three Months Ended 
June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Warrants 
     15,717  
     8,313  
     15,717  
     8,313 
  
    Convertible Notes 
     -  
     -  
     107,519  
     - 
  
    Total 
     15,717  
     8,313  
     123,236  
     8,313 

8

Stock-Based Compensation

The Company accounts for stock-based