Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 88

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 88
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     (53)%
  
    Loss on debt issuance 
     -  
     (948) 
     948  
     100%
  
    Fair value movement on FPA asset 
     -  
     (483) 
     483  
     100%
  
    Gain on extinguishment of debt 
     -  
     179  
     (179) 
     (100)%
  
    Fair value movement on convertible note and warrant 
     (887) 
     (182) 
     (705) 
     (387)%
  
    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