Genie Energy Ltd. received a nyse noncompliance notice notice regarding late filing (rules 802.01E).
“April 1, 2026, Genie Energy Ltd. (the “Company”) received a notice of noncompliance (the “NYSE Notice”) from the New York Stock Exchange (“NYSE”) noting that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to the delayed filing of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”). As previously reported in the Company’s Notification of Late Filing on Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on March 16, 2026, the Company was unable to file the Form 10-K within the p”
Auditor Changes
Genie Energy Ltd. engaged CBIZ CPAs P.C. as its auditor.
“On July 9, 2025, the Audit Committee of the Board of Directors of the Company approved the appointment of CBIZ CPAs P.C. (“CBIZ”) to serve as the Company’s independent registered public accounting firm for the remainder of 2025.”
Auditor Changes
Genie Energy Ltd. dismissed Zwick CPA, PLLC as its auditor.
“On July 9, 2025, the Audit Committee of the Board of Directors of Genie Energy Ltd. (the “Company”) dismissed Zwick CPA, PLLC (“Zwick”) as the Company’s independent registered public accounting firm.”
Shareholder Votes
Genie Energy Ltd. shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2024-05-08 meeting.
“The number of votes cast with respect to this matter was as follows: One Year Two Years Three Years Broker Non-Vote % Votes For 681,354 46,018 5,971,178 2,686 0”
Shareholder Votes
Genie Energy Ltd. shareholders approved Advisory vote on compensation of Named Executive Officers at the 2024-05-08 meeting.
“The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 6,189,100 506,944 2,960 2,230 99.92”
Shareholder Votes
Genie Energy Ltd. shareholders approved Approval of amendment to the 2021 Stock Option and Incentive Plan at the 2024-05-08 meeting.
“The number of votes cast with respect to this matter was as follows: Votes For Votes Against Abstentions Broker Non-Vote % Votes For 5,954,498 744,739 1,998 0 88.88”
Shareholder Votes
Genie Energy Ltd. shareholders approved Election of Directors at the 2024-05-08 meeting.
“A majority of the votes present or represented at the Meeting by the holders of shares entitled to vote on the following matter were voted in connection with the election of each of the Board of Directors nominees named in the Proxy Statement of the Company.”
Earnings Releases
Genie Energy Ltd. reported the quarter ended March 31, 2024 results: revenue $119.7 million, net income $8.1 million, EPS $0.30.
“in the press release. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 7 ex991_1.htm EXHIBIT 99.1 Exhibit 99.1 Genie Energy A nn ounces First Quarter 2024 Results Revenue increased to $119.7 Million and Gross Profit Climbed to $33.8 Million - Both Record First Quarter Levels Income from Operations of $9.8 million, Adjusted EBITDA 1 of $11.7 Million and Earnings per Diluted”
Earnings Releases
Genie Energy Ltd. reported quarter ended December 31, 2023 results: revenue $104.9 million, net income Net loss attributable to Genie common stockholders of $24.5 million, EPS loss per diluted share (EPS) of $(0.90).
“● Revenue increased 28.9 % to $ 104.9 million from $ 81.4 million; ● Gross profit decreased 3.1 % to $ 33.6 million and gross margin decreased to 32.1 % from 42.7 %; ● Loss from operations of $ 34.2 million compared to income from operations of $ 15.5 million; ο The loss in 4 Q 23 reflects a one -time $ 45.1 million non-cash charge for a loss reserve at Genie's newly established captive insurance operations; ● Adjusted EBITDA 1 decreased 38.0 % to $ 11.4 million from $ 18.5 million; ο The decrease reflects both the strong gross margin achieved at Genie Retail in 4 Q 22 and increased investment in customer acquisitions in 4 Q 23 ; ● Net loss attributable to Genie common stockholders and loss per diluted share (EPS) attributable to Genie common stockholders of $ 24.5 million and $( 0.90 ) compared to net income of $ 16.2 million and diluted earnings per share of $ 0.59 , respectively;”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.