Green Plains Inc.
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
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.
Jun 30, 2025 · Filed Aug 11, 2025
GPRE$13.71-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Six Months EndedJune 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities | ||
| Net loss | $(144,868) | $(75,160) |
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities | ||
| Depreciation and amortization | 49,947 | 43,071 |
| Amortization of debt issuance costs and non-cash interest expense | 6,166 | 1,113 |
| Loss on sale of assets | 4,044 | — |
| Impairment of assets held for sale | 10,724 | — |
| Inventory lower of cost or net realizable value adjustment | 2,255 | — |
| Deferred income tax expense | 2,600 | (111) |
| Stock-based compensation | 11,123 | 6,591 |
| Loss from equity method investees, net of income taxes | 29,116 | 2,018 |
| Other | 64 | 1,625 |
| Changes in operating assets and liabilities | ||
| Accounts receivable | 16,428 | (4,829) |
| Inventories | 69,287 | 27,827 |
| Derivative financial instruments | (5,547) | 8,795 |
| Prepaid expenses and other assets | 12,639 | 2,161 |
| Accounts payable and accrued liabilities | (61,235) | (80,001) |
| Current income taxes | 685 | 837 |
| Other | 326 | 346 |
| Net cash provided by (used in) operating activities | 3,754 | (65,717) |
| Cash flows from investing activities | ||
| Purchases of property and equipment, net | (27,853) | (39,484) |
| Proceeds from the sale of assets | 421 | — |
| Investment in equity method investees, net | (4,909) | (16,023) |
| Net cash used in investing activities | (32,341) | (55,507) |
| Cash flows from financing activities | ||
| Payments of principal on long-term debt | (962) | (7,849) |
| Proceeds from short-term borrowings | 301,841 | 338,384 |
| Payments on short-term borrowings | (362,803) | (320,185) |
| Net proceeds from product financing arrangement | 37,146 | — |
| Payments on extinguishment of non-controlling interest | — | (29,196) |
| Payments of transaction costs | — | (5,951) |
| Payments of loan fees | (81) | — |
| Payments related to tax withholdings for stock-based compensation | (1,476) | (4,587) |
| Other financing activities | (1,753) | (3,060) |
| Net cash used in financing activities | (28,088) | (32,444) |
| Net change in cash and cash equivalents, and restricted cash | (56,675) | (153,668) |
| Cash and cash equivalents, and restricted cash, beginning of period | 209,395 | 378,762 |
| Cash and cash equivalents, and restricted cash, end of period | $152,720 | $225,094 |
Continued on the following page
CONSOLIDATED STATEMENTS OF CASH FLOWS
Continued from the previous page
| Six Months EndedJune 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Reconciliation of total cash and cash equivalents, and restricted cash | ||
| Cash and cash equivalents | $108,624 | $195,554 |
| Restricted cash | 44,096 | 29,540 |
| Total cash and cash equivalents, and restricted cash | $152,720 | $225,094 |
| Supplemental disclosures of cash flow | ||
| Cash paid for income taxes, net | $497 | $533 |
| Cash paid for interest | $16,642 | $14,452 |
| Capital expenditures in accounts payable | $2,215 | $6,292 |
| Capital expenditures in carbon equipment liabilities | $82,008 | $— |
| Non-cash asset retirement obligation additions | $4,691 | $1,037 |
| Issuance of common stock as a result of the Merger | $— | $5 |
| Non-cash extinguishment of non-controlling interest within additional paid-in capital | $— | $133,765 |
| Non-cash issuance of warrants | $5,656 | $— |
| Non-cash modification of warrants | $7,520 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.