Genie Energy Ltd.
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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FY2024 · Filed Mar 14, 2025
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
CONSOLIDATED STATEMENTS OF EQUITY (in thousands)
| Genie Energy Ltd. Stockholders | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred · Class A · Class B · Additional · Accumulated Other · (Accumulated Deficit) | ||||||||||||
| Stock · Common Stock · Common Stock · Paid-In · Treasury · Comprehensive · Retained · Noncontrolling · Total | ||||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Capital | Stock | Income | Earnings | Interests | Equity | |
| BALANCE AT DECEMBER 31, 2021 | 2,322 | 19,743 | 1,574 | 16 | 26,633 | 266 | 143,249 | (14,034) | 3,160 | (29,115) | (12,496) | 110,789 |
| Dividends on preferred stock ($0.6375 per share Based Dividends and $0.5301 per share Additional Dividends) | — | — | — | — | — | — | — | — | — | (1,761) | — | (1,761) |
| Dividends on common stock ($0.3000 per share) | — | — | — | — | — | — | — | — | — | (7,919) | — | (7,919) |
| Exercise of Class B common stock warrants | — | — | — | — | 73 | 1 | (1) | — | — | — | — | — |
| Stock-based compensation | — | — | — | — | 297 | 3 | 3,051 | — | — | — | — | 3,054 |
| Restricted Class B common stock purchased from employees | — | — | — | — | — | — | — | (567) | — | — | — | (567) |
| Repurchase of Class B common stock from stock repurchase program | — | — | — | — | — | — | — | (4,409) | — | — | — | (4,409) |
| Redemption of preferred stock | (1,339) | (11,384) | — | — | — | — | — | — | — | — | — | (11,384) |
| Deconsolidation of subsidiary | — | — | — | — | — | — | — | — | 1,607 | — | — | 1,607 |
| Purchase of equity of subsidiaries | — | — | — | — | 123 | 1 | 247 | — | — | — | (248) | — |
| Other comprehensive loss | — | — | — | — | — | — | — | — | (2,841) | — | 144 | (2,697) |
| Net income for the year ended December 31, 2022 | — | — | — | — | — | — | — | — | — | 87,805 | (874) | 86,931 |
| BALANCE AT DECEMBER 31, 2022 | 983 | $8,359 | 1,574 | $16 | 27,126 | $271 | $146,546 | $(19,010) | $1,926 | $49,010 | $(13,474) | $173,644 |
CONSOLIDATED STATEMENTS OF EQUITY (in thousands) — (Continued)
| Genie Energy Ltd. Stockholders | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred · Class A · Class B · Additional · Accumulated Other | ||||||||||||
| Stock · Common Stock · Common Stock · Paid-In · Treasury · Comprehensive · Retained · Noncontrolling · Total | ||||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Capital | Stock | Income | Earnings | Interests | Equity | |
| BALANCE AT DECEMBER 31, 2022 | 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 ($0.3188 per share dividends | — | — | — | — | — | — | — | — | — | (333) | — | (333) |
| Dividends on common stock ($0.3000 per share) | — | — | — | — | — | — | — | — | — | (8,019) | — | (8,019) |
| Exercise of Class B common stock warrants | — | — | — | — | 1,048 | 11 | 4,990 | — | — | — | — | 5,001 |
| Stock-based compensation | — | — | — | — | 334 | 3 | 2,829 | — | — | — | — | 2,832 |
| Restricted Class B common stock purchased from employees | — | — | — | — | — | — | — | (3,996) | — | — | — | (3,996) |
| Repurchase of Class B common stock from stock repurchase program | — | — | — | — | — | — | — | (37) | — | — | — | (37) |
| Redemption of preferred stock | (983) | (8,359) | — | — | — | — | — | — | — | — | — | (8,359) |
| Charitable contribution of treasury stock | — | — | — | — | — | — | 624 | 382 | — | — | — | 1,006 |
| Exercise of stock options | — | — | — | — | 257 | 3 | 1,112 | — | — | — | — | 1,115 |
| Other comprehensive loss | — | — | — | — | — | — | — | — | 1,373 | — | 3 | 1,376 |
| Net income for the year ended December 31, 2023 | — | — | — | — | — | — | — | — | — | 19,538 | 740 | 20,278 |
| BALANCE AT DECEMBER 31, 2023 | — | $— | 1,574 | $16 | 28,765 | $288 | $156,101 | $(22,661) | $3,299 | $60,196 | $(12,731) | $184,508 |
CONSOLIDATED STATEMENTS OF EQUITY (in thousands) — (Continued)
| Genie Energy Ltd. Stockholders | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Preferred · Class A · Class B · Additional · Accumulated Other · Receivable for | |||||||||||||
| Stock · Common Stock · Common Stock · Paid-In · Treasury · Comprehensive · Retained · Noncontrolling · Issuance of · Total | |||||||||||||
| Shares | Amount | Shares | Amount | Shares | Amount | Capital | Stock | Income | Earnings | Interests | Equity | Equity | |
| BALANCE AT DECEMBER 31, 2023 | — | — | 1,574 | 16 | 28,765 | 288 | 156,101 | (22,661) | 3,299 | 60,196 | (12,731) | — | 184,508 |
| Dividends on common stock ($0.30 per share) | — | — | — | — | — | — | — | — | — | (8,210) | — | — | (8,210) |
| Exercise of stock options | — | — | — | — | 126 | 1 | 1,015 | — | — | — | — | — | 1,016 |
| Stock-based compensation | — | — | — | — | 419 | 4 | 2,392 | — | — | — | — | — | 2,396 |
| Restricted Class B common stock purchased from employees | — | — | — | — | — | — | — | (3,614) | — | — | — | — | (3,614) |
| Repurchase of Class B common stock from stock repurchase program | — | — | — | — | — | — | — | (10,443) | — | — | — | — | (10,443) |
| Purchase of equity of subsidiary | — | — | — | — | — | — | (316) | — | — | — | (884) | — | (1,200) |
| Class B common stock purchased from Genie Energy Charitable Foundation | — | — | — | — | — | — | — | (768) | — | — | — | — | (768) |
| Deconsolidation of a subsidiary | — | — | — | — | — | — | — | — | (12) | — | — | — | (12) |
| Consolidation of subsidiary | — | — | — | — | — | — | — | — | — | — | 1,286 | — | 1,286 |
| Noncontrolling investment to a subsidiary by Howard Jonas | — | — | — | — | — | — | — | — | — | — | 1,791 | (783) | 1,008 |
| Other comprehensive loss | — | — | — | — | — | — | — | — | 632 | — | 657 | — | 1,289 |
| Net income for the year ended December 31, 2024 | — | — | — | — | — | — | — | — | — | 12,588 | (293) | — | 12,295 |
| BALANCE AT DECEMBER 31, 2024 | — | $— | 1,574 | $16 | 29,310 | $293 | $159,192 | $(37,486) | $3,919 | $64,574 | $(10,174) | $(783) | $179,551 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.