Company research
ADVENT TECHNOLOGIES HOLDINGS, INC.
CIK 1744494Updated Sep 26, 2026
SecurityADNH · OTC · equity
Name history
AMCI Acquisition Corp. · through Feb 4, 2021
ADNH price & chart
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Items 8.01
Other Events
Items 8.01
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 8,007,000Source | 34,737,000Source | 89,588,000Source | 163,030,755Source |
| Property, Plant and Equipment, NetUSD | 4,638,000Source | 21,549,000Source | 17,938,000Source | 8,584,988Source |
| GoodwillUSD | — | — | 5,742,000Source | 30,030,498Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 85,000Source | 79,000Source | 6,062,000Source | 23,343,586Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 381,000Source | 3,562,000Source | 32,869,000Source | 79,764,430Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 962,000Source | 191,000Source | 979,000Source | 3,138,603Source |
| Inventory, NetUSD | 8,000Source | 2,707,000Source | 12,620,000Source | 6,957,776Source |
| Assets, CurrentUSD | 2,693,000Source | 8,835,000Source | 49,500,000Source | 97,350,798Source |
| Prepaid Expense and Other Assets, CurrentUSD | 719,000Source | 2,254,000Source | 2,980,000Source | 5,872,758Source |
| Operating Lease, Right-of-Use AssetUSD | 274,000Source | 3,216,000Source | 4,055,000Source | — |
| Other Assets, NoncurrentUSD | 317,000Source | 308,000Source | 5,971,000Source | 2,475,346Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 29,302,000Source | 21,289,000Source | 25,440,000Source | 32,828,964Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 0Source |
| Common Stock, Value, IssuedUSD | — | 8,000Source | 5,000Source | 5,125Source |
| Additional Paid in CapitalUSD | 199,015,000Source | 194,933,000Source | 174,509,000Source | 164,894,039Source |
| Retained Earnings (Accumulated Deficit)USD | -220,153,000Source | -179,159,000Source | -107,762,000Source | -33,424,860Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -157,000Source | -2,334,000Source | -2,604,000Source | -1,272,513Source |
| Stockholders' Equity Attributable to ParentUSD | -21,295,000Source | 13,448,000Source | 64,148,000Source | 130,201,791Source |
| Liabilities and EquityUSD | 8,007,000Source | 34,737,000Source | 89,588,000Source | 163,030,755Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 28,772,000Source | 11,913,000Source | 13,666,000Source | 18,870,080Source |
| Operating Lease, Liability, CurrentUSD | 89,000Source | 2,186,000Source | — | — |
| Accounts Payable, CurrentUSD | 16,730,000Source | 5,087,000Source | 4,680,000Source | 4,837,369Source |
| Operating Lease, Liability, NoncurrentUSD | 184,000Source | 8,230,000Source | — | — |
| Deferred Income Tax Liabilities, NetUSD | — | — | — | 2,499,920Source |
| Other Liabilities, NoncurrentUSD | 1,000Source | 684,000Source | 852,000Source | 995,634Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 388,000Source | 831,000Source | 1,522,000Source | 5,903,225Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 1,254,381Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 3,783,000Source | 9,881,000Source | 10,414,000Source | 7,708,877Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -679,000Source | -671,000Source | -1,830,000Source | -940,062Source |
| Increase (Decrease) in InventoriesUSD | -217,000Source | 1,827,000Source | 5,932,000Source | 1,595,099Source |
| Deferred Income Tax Expense (Benefit)USD | -55,000Source | 719,000Source | -1,970,000Source | -922,510Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,398,000Source | -32,115,000Source | -32,125,000Source | -35,837,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | 1,864,000Source | — | 19,425,378Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 1,211,000Source | -6,234,000Source | -14,517,000Source | -25,556,783Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 850,000Source | 9,059,000Source | -40,000Source | 141,501,302Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -3,669,000Source | -29,290,000Source | -46,682,000Source | 80,107,519Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 381,000Source | 4,412,000Source | 33,619,000Source | 79,764,430Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 115,000Source | 41,000Source | 15,000Source | 12,433Source |
| Income Taxes Paid, NetUSD | -55,000Source | -82,000Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 378,000Source | 83,000Source | 537,000Source | — |
| Additional Financial Items | ||||
| AmortizationUSD | 29,000Source | 642,000Source | 2,764,000Source | 1,184,831Source |
| Amortization of Intangible AssetsUSD | 29,000Source | 642,000Source | 2,764,000Source | 1,184,830Source |
| DepreciationUSD | 1,564,000Source | 3,005,000Source | 1,493,000Source | 559,101Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -272,000Source | 97,000Source | -91,000Source | -42,708Source |
| Gain (Loss) on Disposition of AssetsUSD | -6,235,000Source | -3,000Source | -232,000Source | -8,692Source |
| GoodwillUSD | — | — | 5,742,000Source | 30,030,498Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | 13,468,000Source | 38,922,000Source | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -30,014,000Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -10,980,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | -55,000Source | 719,000Source | -1,970,000Source | -922,510Source |
| Net Income (Loss) Attributable to ParentUSD | -40,994,000Source | -71,397,000Source | -74,337,000Source | -20,523,342Source |
| Other Nonoperating Income (Expense)USD | 7,000Source | -902,000Source | -216,000Source | 15,638Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 0Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 3,276,000Source | 4,859,000Source | 7,837,000Source | 7,068,842Source |
| Cost of RevenueUSD | 1,488,000Source | 18,287,000Source | 8,581,000Source | 5,406,216Source |
| Selling, General and Administrative ExpenseUSD | 14,318,000Source | 32,468,000Source | 35,915,000Source | 41,876,741Source |
| Operating Income (Loss)USD | -18,369,000Source | -70,341,000Source | -85,427,000Source | -44,110,278Source |
| Other Nonoperating Income (Expense)USD | 7,000Source | -902,000Source | -216,000Source | 15,638Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -30,069,000Source | -70,678,000Source | -76,307,000Source | -21,445,852Source |
| Income Tax Expense (Benefit)USD | -55,000Source | 719,000Source | -1,970,000Source | -922,510Source |
| Net Income (Loss) Attributable to ParentUSD | -40,994,000Source | -71,397,000Source | -74,337,000Source | -20,523,342Source |
| Earnings Per Share, BasicUSD per share | -15.65Source | -37.24Source | -1.44Source | -0.45Source |
| Earnings Per Share, DilutedUSD per share | -15.65Source | -37.24Source | -1.44Source | -0.45Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,618,857Source | 1,917,179Source | 51,528,703Source | 45,814,868Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,618,857Source | 1,917,179Source | 51,528,703Source | 45,814,868Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 29,000Source | 642,000Source | 2,764,000Source | 1,184,830Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -272,000Source | 97,000Source | -91,000Source | -42,708Source |
| Goodwill, Impairment LossUSD | — | — | — | 0Source |
| Gross ProfitUSD | 1,788,000Source | -13,428,000Source | -744,000Source | 1,662,626Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -30,014,000Source | — | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -26,816,000Source | -35,233,000Source | -18,198,000Source | -12,852,902Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -11.46Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -11.46Source | — | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -10,980,000Source | — | — | — |
| Interest and Other IncomeUSD | 26,000Source | 26,000Source | — | — |
| Interest Income (Expense), NetUSD | -535,000Source | 74,000Source | 52,000Source | -51,561Source |
| Marketing and Advertising ExpenseUSD | 3,000Source | 100,000Source | — | 83,016Source |
| Research and Development ExpenseUSD | 3,225,000Source | 12,112,000Source | 9,796,000Source | 3,540,540Source |