Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 223

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 223
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:

    Three Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Depreciation, Amortization and Accretion expense 
    $-  
    $50  
    $(50) 
     (100)%
  
    Total for continuing operations 
    $-  
    $50  
    $(50) 
     (100)%

    Discontinued Operations: 

    Depreciation, Amortization and Accretion expense 
    $-  
    $493  
    $(493) 
     (100)%
  
    Total for discontinued operations 
    $-  
    $493  
    $(493) 
     (100)%
  
    Total for the period 
    $-  
    $543  
    $(543) 
     (100)%

    Six Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Depreciation, Amortization and Accretion expense 
    $130  
    $120  
    $10  
     8%
  
    Total for continuing operations 
    $130  
    $120  
    $10  
     8%

    Discontinued Operations: 

    Depreciation, Amortization and Accretion expense 
    $-  
    $991  
    $(991) 
     (100)%
  
    Total for discontinued operations 
    $-  
    $991  
    $(991) 
     (100)%
  
    Total for the period 
    $130  
    $1,111  
    $(981) 
     (88)%

Depreciation and amortization and accretion expense
for continuing operations decreased by $50,000 and increased by $10,000 for the three and six months, respectively, ended June 30, 2025
compared to the same period in 2024. This was primarily driven by the amortization for the intangible assets acquired in the Liion transaction
December 2024, and the sale of the assets that related to the 2024 charge.

There was no depreciation, amortization and accretion
expenses for