Company: BNRG
Filing Date: 2025-03-04
Form Type: 20-F
Source: 0001213900-25-020178
Chunk: 64

Company: Brenmiller Energy Ltd.
Filing Date: 2025-03-04
Form: 20-F
Item: Item 4A
Chunk 64
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 net consist primarily of the write-off of the remaining value in connection with the Rotem 1 project.  

Results of Operations

The following table presents
our results of operations for the periods presented.

                                                                                                                 Year Ended                                            
                                                                                                                 December 31,                                          
  Dollars in thousands, except per share data                                                                    2024                             2023                 
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Revenues:                                                                                                                                                            
  Engineering services                                                                                                                     -                      621  
                                                                                                                 $                         -      $               621  
  Costs and expenses:                                                                                                                                                  
  Cost of revenues                                                                                                                      (985                   (1,555  
  Research and development, net                                                                                                       (3,589                   (3,178  
  Selling and marketing                                                                                                               (1,197                   (1,148  
  General and administrative                                                                                                          (4,557                   (4,637  
  Other income (expenses), net                                                                                                          (234                       37  
  Operating loss                                                                                                                     (10,562                   (9,860  
  Interest expenses                                                                                                                     (244                     (100  
  Other financial income, net                                                                                                          4,034                      312  
  Financial income, net                                                                                                                3,790                      212  
  Net loss                                                                                                       $                    (6,772                   (9,648  
  Loss per share:                                                                                                                                                      
  Basic and diluted                                                                                              $                     (1.29      $             (4.99  
  Weighted average number of shares outstanding used in the computation of basic and diluted loss per share                        5,235,486                1,952,097  

Comparison of the Year Ended December 31, 2024
to the Year Ended December 31, 2023

Revenues

Our revenues for year ended
December 31, 2024 were $0 thousand, compared to $621 thousand for the year ended December 31, 2023. The revenues for the year ended December
31, 2023 are primarily attributable to engineering services in connection with the engineering milestones of a certain project in Romania
that was terminated on June 26, 2023.

Cost of Revenues

The following table presents the breakdown of the
cost of revenues for the years ended December 31, 2024 and 2023.

                                                                                       Year Ended                                  
                                                                                       December 31,                                
  Dollars in thousands                                                                 2024                       2023             
 ─