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.
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