FutureFuel Corp
For the period ended Dec 31, 2023. Filed Mar 14, 2024.
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FY2023 · Filed Mar 14, 2024
FF$5.07-4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
As of December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $219,444 | $175,640 |
| Accounts receivable, inclusive of the blenders’ tax credit of $11,381 and $8,970, and net of allowances for credit losses of $55 and $48, respectively | 28,406 | 26,198 |
| Accounts receivable – related parties | 1 | 6 |
| Inventory | 32,978 | 26,761 |
| Income tax receivable | 1,940 | 1,959 |
| Prepaid expenses | 4,346 | 3,694 |
| Prepaid expenses – related parties | 12 | 12 |
| Marketable securities | - | 37,126 |
| Other current assets | 3,419 | 2,380 |
| Total current assets | 290,546 | 273,776 |
| Property, plant and equipment, net | 72,711 | 76,941 |
| Other assets | 3,824 | 5,252 |
| Total noncurrent assets | 76,535 | 82,193 |
| Total Assets | $367,081 | $355,969 |
| Liabilities and Stockholders’ Equity | ||
| Accounts payable, inclusive of the blenders’ tax credit rebates due to customers of $890 and $890, respectively | $22,178 | $28,546 |
| Accounts payable – related parties | 42 | 7,799 |
| Deferred revenue – current | 3,863 | 3,772 |
| Dividends payable | 10,503 | 10,503 |
| Accrued expenses and other current liabilities | 4,758 | 5,477 |
| Accrued expenses and other current liabilities – related parties | - | 1 |
| Total current liabilities | 41,344 | 56,098 |
| Deferred revenue – non-current | 12,570 | 15,079 |
| Other noncurrent liabilities | 3,287 | 1,792 |
| Total noncurrent liabilities | 15,857 | 16,871 |
| Total liabilities | 57,201 | 72,969 |
| Commitments and contingencies: | ||
| Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding | - | - |
| Common stock, $0.0001 par value, 75,000,000 shares authorized, 43,763,243 and 43,763,243 issued and outstanding as of December 31, 2023 and 2022 | 4 | 4 |
| Accumulated other comprehensive income | - | (1) |
| Additional paid in capital | 282,489 | 282,489 |
| Retained earnings | 27,387 | 508 |
| Total stockholders’ equity | 309,880 | 283,000 |
| Total Liabilities and Stockholders’ Equity | $367,081 | $355,969 |
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