Genie Energy Ltd
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
GNE$19.25+8.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF EQUITY
(in thousands, except dividend per share)
Genie Energy Ltd. Stockholders
| Preferred · Class A · Class B · Additional · Accumulated Other · Non | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock · Common Stock · Common Stock · Paid-In · Treasury · Comprehensive · Retained · controlling · Total | ||||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Capital | Stock | Income | Earnings | Interests | Equity | |
| BALANCE AT JANUARY 1, 2024 | — | $— | 1,574 | $16 | 28,765 | $288 | $156,101 | $(22,661) | $3,299 | $60,196 | $(12,731) | $184,508 |
| Dividends on common stock ($0.075 per share) | — | — | — | — | — | — | — | — | — | (2,121) | — | (2,121) |
| Stock-based compensation | — | — | — | — | 14 | — | 749 | — | — | — | — | 749 |
| Restricted Class B common stock purchased from employees | — | — | — | — | — | — | — | (2,523) | — | — | — | (2,523) |
| Exercise of stock options | — | — | — | — | 126 | 1 | 1,015 | — | — | — | — | 1,016 |
| Purchase of equity of subsidiary | — | — | — | — | — | — | (316) | — | — | — | (884) | (1,200) |
| Repurchase of Class B common stock from stock repurchase program | — | — | — | — | — | — | — | (4,101) | — | — | — | (4,101) |
| Other comprehensive income (loss) | — | — | — | — | — | — | — | — | (5,210) | — | 128 | (5,082) |
| Net income (loss) for three months ended March 31, 2024 | — | — | — | — | — | — | — | — | — | 8,123 | 46 | 8,169 |
| BALANCE AT MARCH 31, 2024 | — | $— | 1,574 | $16 | 28,905 | $289 | $157,549 | $(29,285) | $(1,911) | $66,198 | $(13,441) | $179,415 |
CONSOLIDATED STATEMENTS OF EQUITY
(in thousands, except dividend per share) — (Continued)
Genie Energy Ltd. Stockholders
| Preferred · Class A · Class B · Additional · Accumulated Other · Non | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock · Common Stock · Common Stock · Paid-In · Treasury · Comprehensive · Retained · controlling · Total | ||||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Capital | Stock | Income | Earnings | Interests | Equity | |
| BALANCE AT JANUARY 1, 2023 | 983 | $8,359 | 1,574 | $16 | 27,126 | $271 | $146,546 | $(19,010) | $1,926 | $49,010 | $(13,474) | $173,644 |
| Dividends on preferred stock ($0.1594 per share) | — | — | — | — | — | — | — | — | — | (157) | — | (157) |
| Dividends on common stock ($0.075 per share) | — | — | — | — | — | — | — | — | — | (1,951) | — | (1,951) |
| Stock-based compensation | — | — | — | — | 33 | — | 899 | — | — | — | — | 899 |
| Restricted Class B common stock purchased from employees | — | — | — | — | — | — | — | (165) | — | — | — | (165) |
| Redemption of preferred stock | (117) | (1,000) | — | — | — | — | — | — | — | — | — | (1,000) |
| Other comprehensive (loss) income | — | — | — | — | — | — | — | — | (31) | — | 3 | (28) |
| Net loss for three months ended March 31, 2023 | — | — | — | — | — | — | — | — | — | 14,431 | (39) | 14,392 |
| BALANCE AT MARCH 31, 2023 | 866 | $7,359 | 1,574 | $16 | 27,159 | $271 | $147,445 | $(19,175) | $1,895 | $61,333 | $(13,510) | $185,634 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.