Gevo Inc
For the period ended Dec 31, 2023. Filed Mar 7, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 7, 2024
GEVO$1.47+5.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| · · Year Ended December 31, | ||||||||
| · Note · 2023 · 2022 | ||||||||
| Total operating revenues | 3, 23 | | $17,200 | | $1,175 | |||
| Operating expenses: | | | ||||||
| Cost of production | 16 | | 11,991 | | 8,698 | |||
| Depreciation and amortization | 11, 12 | | 19,007 | | 7,887 | |||
| Research and development expense | 16 | | 6,637 | | 7,427 | |||
| General and administrative expense | | | | | 42,628 | | | 39,941 |
| Project development costs | 16 | | 14,732 | | 10,061 | |||
| Facility idling costs | | | 4,040 | | 4,599 | |||
| Impairment loss | 4 | | — | | 24,749 | |||
| Loss on disposal of assets | 11, 12 | | — | | 499 | |||
| Total operating expenses | 16 | | 99,035 | | 103,861 | |||
| Loss from operations | | | (81,835) | | (102,686) | |||
| Other income (expense) | | | ||||||
| Interest expense | | (2,161) | | (1,167) | ||||
| Interest and investment income | 6, 7, 20 | | 19,090 | | 3,481 | |||
| Other income (expense), net | | (1,309) | | 2,365 | ||||
| Total other income, net | | 15,620 | | 4,679 | ||||
| Net loss | | $(66,215) | | $(98,007) | ||||
| Net loss per share - basic and diluted | 5 | | $(0.28) | | $(0.44) | |||
| Weighted-average number of common shares outstanding - basic and diluted | 5 | | 238,687,621 | | 221,537,262 | |||
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