Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 82

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 82
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    Change (%) 

    (in thousands) 
  
    Selling, general and administrative 
    $3,689  
    $2,781  
    $908  
     33%
  
    Total for continuing operations 
    $3,689  
    $2,781  
    $886  
     33%

    Discontinued Operations: 

    Selling, general and administrative 
    $-  
    $2,020  
    $(2,020) 
    $(100)%
  
    Total for discontinued operations 
    $-  
    $2,020  
    $(2,020) 
    $(100)%
  
    Total for the period 
    $3,689  
    $4,801  
    $(1,112) 
     (23)%

46

    Six Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Selling, general and administrative 
    $5,179  
    $5,888  
    $(709) 
     (12)%
  
    Total for continuing operations 
    $5,179  
    $5,888  
    $(731) 
     (12)%

    Discontinued Operations: 

    Selling, general and administrative 
    $-  
    $5,662  
    $(5,662) 
    $(100)%
  
    Total for discontinued operations 
    $-  
    $5,662  
    $(5,662) 
    $(100)%
  
    Total for the period 
    $5,179  
    $11,550  
    $(6,371) 
     (55)%

Selling, general and administrative expenses for
continuing operations increased by $0.9 million for the three months ended June 30, 2025, due primarily to non cash stock compensation
costs of approximately $2.1 million. Selling, general and administrative expenses for continuing operations decreased $0.7 million for
the six months ended June 30, 2025 compared to the same period in 2024. The majority of this decrease was from a decrease in compensation
costs, consulting expenses, insurance and the accounting and legal costs associated with audit preparation and Nasdaq listing costs during
2024 offset by