Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 302

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 2
Chunk 302
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 period in 2024. The decrease
was due to the operating parks in the United States being sold in November of 2024.

Cost of revenues for discontinued operations decreased
by $1.6 million and $2.7 million for the three and six months, respectively, ended June 30, 2025 compared to the same period in 2024,
due to all operating parks in Poland, the Netherlands, and Romania being sold on January 19, 2024, February 21, 2024 and October 3, 2024,
respectively.

Selling, General and Administrative Expenses

Selling, general and administrative expenses for
the three and six months ended June 30, 2025 and 2024 were as follows:

    Three Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Selling, general and administrative 
    $3,689  
    $2,781  
    $908  
     33%
  
    Total for continuing operations 
    $3,689  
    $2,781  
    $886  
     33%

    Discontinued Operations: 

    Selling, general and administrative 
    $-  
    $2,020  
    $(2,020) 
    $(100)%
  
    Total for discontinued operations 
    $-  
    $2,020  
    $(2,020) 
    $(100)%
  
    Total for the period 
    $3,689  
    $4,801  
    $(1,112) 
     (23)%

46

    Six Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Selling, general and administrative 
    $5,179  
    $5,888  
    $(709) 
     (12)%
  
    Total for continuing operations 
    $5,179  
    $5,888  
    $(731) 
     (12)%

    Discontinued Operations: 

    Selling, general and administrative 
    $-  
    $5,662  
    $(5,662) 
    $(100)%
  
    Total for discontinued operations 
    $