Company: ALCE
Filing Date: 2025-06-06
Form Type: 10-K
Source: 0001213900-25-052242
Chunk: 2418

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-06-06
Form: 10-K
Item: Item 7A
Chunk 2418
---
765)
  
    Foreign currency translation adjustment – continuing operations 
     -  
     -  
     -  
     -  
     -  
     245  
     -  
     245 
  
    Net income - discontinued operations 
     -  
     -  
     -  
     -  
     -  
     -  
     45,832  
     45,832 
  
    Net loss - continuing operations 
     -  
     -  
     -  
     -  
     -  
     -  
     (24,754) 
     (24,754)
  
    Balance at December 31, 2024 
     -  
    $-  
     5,037,826  
    $10  
    $35,917  
    $(2,679) 
    $(67,133) 
    $(33,885)

The accompanying notes are an integral part of
these consolidated financial statements.

F-6

ALTERNUS CLEAN ENERGY, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands, except share and per share data)

    Year Ended December 31, 

    2024  
    2023 
  
    Cash Flows from Operating Activities 

    Net income/(loss) 
    $21,078  
    $(69,464)
  
    Income/(loss) from discontinued operations, net of tax 
     45,832  
     (36,851)
  
    Loss from continuing operations 
    $(24,754) 
    $(32,613)
  
    Adjustments to reconcile loss from continuing operations to net cash provided by/(used in) operations: 

    Depreciation, amortization and accretion 
     215  
     1,673 
  
    Amortization of debt discount 
     891  
     2,394 
  
    Development costs 
     748  
     - 
  
    Debt issuance cost of convertible debt 
     1,641  
     - 
  
    Credit loss expense 
     -  
     8 
  
    Share-based compensation to third parties 
     321  
     - 
  
    Gain (loss) on foreign