v3.26.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Revenues $ 0 $ (311)
Operating Expenses    
Cost of revenues 0 (364)
Selling, general, and administrative (8,065) (11,984)
Depreciation, amortization, and accretion (593) (215)
Development costs 0 (748)
Impairment of Spanish assets 0 (3,263)
Gain on disposal of assets 15,513 0
Total operating expenses 6,855 (16,574)
Income/(Loss) from operations 6,855 (16,263)
Other income/(expense):    
Interest expense (4,198) (8,774)
Fair value movement of FPA asset 0 (483)
Convertible Debt, Fair Value Adjustment (3,967) 67
Debt restructuring costs (753) 0
Costs associated with legal actions related to unpaid liabilities (1,232) 0
Fair value movement of warrant liability 1,564 565
Loss on issuance of debt (35) (520)
Loss on extinguishment of debt (3,187) 179
Gain on settlement of liabilities 596 0
Loss on settlement of SAA with Hover (2,025) 0
Provision for loss from related party (561)
Other expense (363) (506)
Other income 0 1,571
Total other expenses 14,161 7,901
Loss before provision for income taxes (7,306) (24,164)
Income taxes 0 (590)
Loss from continuing operations (7,306) (24,754)
Discontinued operations:    
Loss from operations of discontinued business components 0 (7,543)
Gain on sale of discontinued operations, net assets 0 53,462
Income tax 0 (87)
Income/(loss) from discontinued operations 0 45,832
Net income/(loss) (7,306) 21,078
Loss attributable to noncontrolling interest (820) 0
Net income/(loss) (6,486) 21,078
Deemed dividend to preferred shareholder (10,643) 0
Net income/(loss) attributable to common stock $ (17,128) $ 21,078
Basic & diluted loss per share of common stock:    
Continuing operations (in dollars per share) $ (35.71) $ (1,402)
Discontinued operations (in dollars per share) 0 2,596
Total earnings/(loss) per share of common stock, basic & diluted (in dollars per share) $ (35.71) $ 1,194
Weighted-average common stock outstanding, basic & diluted (in shares) 479,613 17,653
Comprehensive income/(loss):    
Net income/(loss) $ (7,306) $ 21,078
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax 206 245
Comprehensive income/(loss) (7,100) 21,323
Comprehensive income/(loss) attributable to noncontrolling interest (820) 0
Comprehensive income/(loss) attributable to Alternus $ (6,280) $ 21,323