Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 227

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 227
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)%
  
    Warrant issuance cost 
     (753) 
     -  
     (753) 
     (100)%
  
    Fair value movement on warrant 
     162  
     5  
     157  
     3,140%
  
    Other expense 
     (232) 
     (231) 
     (1) 
     (0)%
  
    Other income 
     -  
     7  
     (7) 
     100%
  
    Total for continuing operations 
    $(5,150) 
    $(3,917) 
    $(1,233) 
     (31)%

    Discontinued Operations: 

    Interest income/(expense) 
    $-  
    $(6,807) 
    $6,807  
     100%
  
    Other expense 
     -  
     -  
     -  
     -%
  
    Total for discontinued operations 
    $-  
    $(6,807) 
    $6,807  
     (100)%
  
    Total for the period 
    $(5,150) 
    $(10,724) 
    $5,574  
     52%

Total interest expense, other income, and other
expense for continuing operations decreased by approximately $0.2 million for the three months and increased $1.0 million for six months,
respectively, ended June 30, 2025 compared to the same period in 2024. The primary drivers was a net increase of $1.0 million in interest
expense for the six months, as shown below.

Total interest expense, other income, and other
expense for discontinued operations decreased by $2.0 million and $6.6 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.

Movement in Interest Expense

    Three Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Interest charged on debt 
    $800  
    $925