AEMETIS INC
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
AMTX$1.73+6.8%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
(In thousands except for par value)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents ($1,093 and $165 respectively from VIE) | $2,667 | $4,313 |
| Accounts receivable ($55 and $165 respectively from VIE) | 8,633 | 1,264 |
| Inventories, net of allowance for excess and obsolete inventory of $1,040 as of December 31, 2023 and 2022 | 18,291 | 4,658 |
| Prepaid expenses ($1,438 and $858 respectively from VIE) | 3,347 | 4,248 |
| Other current assets ($289 and $725 respectively from VIE) | 3,462 | 3,653 |
| Total current assets | 36,400 | 18,136 |
| Property, plant and equipment, net ($81,966 and $71,633 respectively from VIE) | 195,108 | 180,441 |
| Operating lease right-of-use assets ($145 and $224 respectively from VIE) | 2,056 | 2,449 |
| Other assets ($4,881 and $3,458 respectively from VIE) | 9,842 | 6,088 |
| Total assets | $243,406 | $207,114 |
| Liabilities and stockholders' deficit | ||
| Current liabilities: | ||
| Accounts payable ($3,815 and $9,192 respectively from VIE) | $32,132 | $26,168 |
| Current portion of long term debt ($190 and $0 from VIE) | 13,585 | 12,465 |
| Short term borrowings ($9 and $19,831 respectively from VIE) | 23,443 | 36,754 |
| Mandatorily redeemable Series B convertible preferred stock | 4,521 | 4,082 |
| Current portion of operating lease liability ($48 and $41 respectively from VIE) | 406 | 338 |
| Other current liabilities ($0 and $645 respectively from VIE) | 10,302 | 8,474 |
| Total current liabilities | 84,389 | 88,281 |
| Long term liabilities: | ||
| Senior secured notes and revolving notes | 176,476 | 155,843 |
| EB-5 notes | 29,500 | 29,500 |
| Other long term debt ($40,857 and $31 respectively from VIE) | 51,717 | 11,678 |
| Series A preferred units ($113,189 and $116,000 respectively from VIE) | 113,189 | 116,000 |
| Operating lease liability ($67 and $115 respectively from VIE) | 1,783 | 2,189 |
| Other long term liabilities | 3,329 | 5,477 |
| Total long term liabilities | 375,994 | 320,687 |
| Stockholders' deficit: | ||
| Series B convertible preferred stock, $0.001 par value; 7,235 authorized; 0 and 1,270 shares issued and outstanding each period, respectively (aggregate liquidation preference of $0 and $3,810 respectively) | - | 1 |
| Common stock, $0.001 par value; 80,000 authorized; 40,966 and 35,869 shares issued and outstanding each period, respectively | 41 | 36 |
| Additional paid-in capital | 264,058 | 232,546 |
| Accumulated deficit | (475,405) | (428,985) |
| Accumulated other comprehensive loss | (5,671) | (5,452) |
| Total stockholders' deficit | (216,977) | (201,854) |
| Total liabilities and stockholders' deficit | $243,406 | $207,114 |
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