Company: ALCE
Filing Date: 2025-01-27
Form Type: S-1
Source: 0001213900-25-007054
Chunk: 260

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-01-27
Form: S-1
Chunk 260
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 Impairment loss recognized on the remeasurement to fair value less costs to sell |                                   |                         | (11,232 | ) |     |   |       - |   |
| Net Loss                                                                         |                                   | $                       | (46,301 | ) |     | $ | (14,977 | ) |
| US                                                                               |                                   |                         |         |   |     |   |         |   |
| EBITDA                                                                           |                                   | $                       |  (4,560 | ) |     | $ |  (3,370 | ) |
| Depreciation, amortization, and accretion                                        |                                   |                         |     (57 | ) |     |   |     (42 | ) |
| Interest expense                                                                 |                                   |                         |  (1,889 | ) |     |   |     (59 | ) |
| Income taxes                                                                     |                                   |                         |     (15 | ) |     |   |       - |   |
| Valuation on FPA Asset                                                           |                                   |                         | (16,642 | ) |     |   |       - |   |
| Net Loss                                                                         |                                   | $                       | (23,163 | ) |     | $ |  (3,471 | ) |
| Consolidated Net Loss                                                            |                                   | $                       | (69,464 | ) |     | $ | (18,448 | ) |

One customer represented %
of continuing operational revenues during the year ended December 31, 2023 compared to two customers that represented % for the year
ended December 31, 2022. The revenues from these customers accounted for $ million and $ million of revenue for the year ended
December 31, 2023 and 2022 respectively.

Two customers represented %
of the discontinued operational revenues during the year ended December 31, 2023 compared to two customers that represented % for the
year ended December 31, 2022. The revenues from these customers accounted for $ million and $ million of revenue for the year
ended December 31, 2023 and 2022 respectively.

Three customers represented
% of the Company’s continuing operational accounts receivable for the year ended December 31, 2023. One customer represented
% of the Company’s discontinued operational accounts receivable for the year ended December 31, 2023. The company did not have
any customers who represented more than 10% of accounts receivable for the year ended December 31,