Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 63

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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results of operations for the three months ended March 31, 2025 and 2024:

    Three Months Ended March 31, 

    2025  
    2024 

    Revenues 
    $-  
    $93 

    Operating Expenses 

    Cost of revenues 
     -  
     (15)
  
    Selling, general, and administrative 
     (1,490) 
     (3,107)
  
    Depreciation, amortization, and accretion 
     (130) 
     (70)
  
    Development costs 
     -  
     (7)
  
    Gain on sale of continuing operations 
     3,589  
     - 
  
    Total operating expenses 
     1,969  
     (3,199)

    Income/(loss) from operations 
     1,969  
     (3,106)

    Other income/(expense): 

    Interest expense 
     (2,190) 
     (1,681)
  
    Fair value movement of FPA asset 
     -  
     (483)
  
    Fair value movement of convertible debts 
     806  
     - 
  
    Fair value movement of warrants 
     (811) 
     - 
  
    Gain on extinguishment of debt 
     -  
     179 
  
    Other expense 
     -  
     (5)
  
    Other income 
     46  
     9 
  
    Total other expenses 
     (2,149) 
     (1,981)
  
    Loss before provision for income taxes 
     (180) 
     (5,087)
  
    Loss from continuing operations 
     (180) 
     (5,087)

    Discontinued operations: 

    Loss from operations of discontinued business components 
     -  
     (3,642)
  
    Gain on sale of discontinued operations, net assets 
     -  
     2,150 
  
    Income tax 
     -  
     - 
  
    Income/(loss) from discontinued operations 
     -  
     (1,492)
  
    Net income/(loss) 
    $(180) 
    $(6,579)

    Basic & diluted earnings/(loss) per share