v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenues $ 0 $ 0 $ 0 $ 0
Operating Expenses        
Selling, general and administrative (1,539) (3,689) (2,860) (5,179)
Depreciation, amortization, and accretion (469) 0 (946) (130)
Gain on sale of subsidiaries 0 11,924 0 15,513
Total operating income/ (expenses) (2,008) 8,235 (3,806) 10,204
Income/(loss) from operations (2,008) 8,235 (3,806) 10,204
Other income/(expense):        
Interest expense (384) (1,250) (660) (3,440)
Fair value movement of convertible debt 139 882 2,502 887
Fair value movement of warrants 0 162 0 162
Gain on settlement of debt 0 0 5,257 0
Loss on extinguishment of debt (25) 0 (1,731) 0
Issuance cost put option liability (Series D) 0 0 (6) 0
Debt restructuring costs 0 (753) 0 (753)
Other expense (31) (232) (31) (232)
Other income 0 (46) 0 0
Total other income/(expenses) (579) (3,001) 327 (5,150)
Income/(loss) before provision for income taxes (2,587) 5,234 (3,479) 5,054
Income taxes 0 0 0 0
Net income/(loss) for the period (2,587) 5,234 (3,479) 5,054
Loss attributable to noncontrolling interest (809) 0 (1,621) 0
Net income/(loss) $ (1,778) $ 5,234 $ (1,858) $ 5,054
Basic & diluted loss per share of common stock:        
Total income/(loss) per share of common stock, basic (in dollars per share) $ (2.45) $ 10.95 $ (2.56) $ 19.16
Total income/(loss) per share of common stock, diluted (in dollars per share) $ (2.45) $ 7.12 $ (2.56) $ 19.1
Weighted-average common stock outstanding, basic (in shares) 724,658 477,867 724,658 263,732
Weighted-average common stock outstanding, diluted (in shares) 724,658 944,154 724,658 264,558
Comprehensive income/(loss)        
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ (2,587) $ 5,234 $ (3,479) $ 5,054
Foreign currency translation adjustment 2 731 25 195
Comprehensive income/(loss) (2,585) 5,965 (3,454) 5,249
Comprehensive loss attributable to noncontrolling interest (809) 0 (1,621) 0
Comprehensive income/(loss) attributable to Alternus $ (1,776) $ 5,965 $ (1,833) $ 5,249