Company: ALCE
Filing Date: 2025-06-30
Form Type: 10-Q
Source: 0001213900-25-059349
Chunk: 64

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-30
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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 of common stock: 

    Continuing operations 
    $(0.02) 
    $(1.93)
  
    Discontinued operations 
     -  
     (0.57)
  
    Total earnings/(loss) per share of common stock, basic & diluted 
    $(0.02) 
    $(2.50)
  
    Weighted-average common stock outstanding, basic & diluted 
     8,404,044  
     2,636,925 

    Comprehensive income/(loss) 

    Net income/(loss) 
    $(180) 
    $(6,579)
  
    Foreign currency translation adjustment 
     (589) 
     (1,232)
  
    Comprehensive income/(loss) 
    $(769) 
    $(7,811)

39

Three Months Ended March 31, 2025 compared to March 31, 2024.

The Company generates its revenue from the sale
of electricity from its solar parks. The revenue is from FIT, PPA, REC, or in the day-ahead or spot market.

Revenue

Revenue for the three months ended March 31, 2025
and 2024 were as follows:

    Three Months Ended March 31, 
  
    Revenue by Country 
    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    United States 
            -  
     93  
     (93) 
     (100)%
  
    Total for continuing operations 
    $-  
    $93  
    $(93) 
     (100)%

    Discontinued Operations: 

    Netherlands 
    $-  
    $16  
    $(16) 
     (100)%
  
    Poland 
     -  
     106  
     (106) 
     (100)%
  
    Romania 
     -  
     2,087  
     (2,087) 
     (100)%
  
    Total for discontinued operations 
    $-  
    $2,209  
    $(2,209) 
     (100)%
  
    Total for the period 
    $-  
    $2,302  
    $(2,302) 
     (100)%

Revenue for continuing operations decreased by
$0.1 million