Company: ALCE
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001213900-25-105077
Chunk: 87

Company: Alternus Clean Energy, Inc.
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 87
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9 million loss. The costs incurred to complete the transaction totaled $1.2 million
and are reported together with the disposal of the assets according to ASC 360-10-35-38.

Interest Expense, Other Income, and Other Expense

    Three Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Interest expense 
    $(1,250) 
    $(809) 
    $(441) 
     (55)%
  
    Fair value movement on convertible note 
     (882) 
     (182) 
     (700) 
     (100)%
  
    Warrant issuance cost 
     (753) 
     -  
     (753) 
     (100)%
  
    Fair value movement on warrant 
     162  
     -  
     162  
     100%
  
    Loss on issuance of debt 
     -  
     (948) 
     948  
     100%
  
    Other expense 
     (232) 
     -  
     (278) 
     (100)%
  
    Other income 
     (46) 
     3  
     (3) 
     (100)%
  
    Total for continuing operations 
    $(3,001) 
    $(1,936) 
    $1,065  
     55%

    Discontinued Operations: 

    Interest income/(expense) 
    $-  
    $(2,006) 
    $2,006  
     100%
  
    Other expense 
     -  
     -  
        
     -%
  
    Total for discontinued operations 
    $-  
    $(2,006) 
    $2,006  
     100%
  
    Total for the period 
    $(3,001) 
    $(5,242) 
    $(2,241) 
     43%

49

    Six Months Ended June 30, 

    2025  
    2024  
    Change  ($)  
    Change (%) 

    (in thousands) 
  
    Net interest expense 
    $(3,440) 
    $(2,264) 
    $(1,181)