Atlantic Energy Solutions Inc. Reports Net Loss of $50,442 for Q1 2025; EPS Unchanged at $0.00

Reuters
05-21
Atlantic Energy Solutions Inc. Reports Net Loss of $50,442 for Q1 2025; EPS Unchanged at $0.00

Atlantic Energy Solutions, Inc. reported its financial results for the first quarter ending March 31, 2025. The company recorded a net loss attributable to common shareholders of $50,442 during this period. The loss from continuing operations was also $50,442, with no provision for income taxes. The total operating expenses amounted to $62,891, while the change in the fair value of derivative liability provided an additional $113,333 in other income, partially offsetting the operating losses. In terms of stockholders' equity, there was a notable issuance of common stock. During the quarter, the company issued 23.3 million shares, resulting in additional paid-in capital of $184,141. The balance of stockholders' equity as of March 31, 2025, was $226,724, reflecting the company's efforts to strengthen its financial position. No specific sales or revenue figures were detailed in the report. Atlantic Energy Solutions, Inc., a globally accredited energy efficiency and resource company, continues its operations in identifying, implementing, and financing projects aimed at improving efficiency in energy, water usage, and renewable resources.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Atlantic Energy Solutions Inc. published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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