Company: AMTX
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015301
Chunk: 20

Company: AEMETIS, INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 2026  $803  $159 
 2027   708   145 
 2028   713   145 
 2029   171   145 
 2030   63   145 
 Thereafter   1,188   9,960 
 Total lease payments   3,646   10,699 
 Less imputed interest   (1,412)  (7,734)
 Total lease liability  $2,234  $2,965 

The Company acts as sublessor in certain leasing arrangements, primarily related to land and buildings. Fixed sublease payments received are recognized on a straight-line basis over the sublease term. Sublease income and head lease expense for these transactions are recognized on a net basis on the consolidated financial statements. Sublease income is recorded in the General and Administrative Expense section of the Consolidated Statements of Operations and Comprehensive Loss.
 
The components of lease income are as follows for the three months ended  March 31, 2025 and 2024, respectively:

    Three months ended March 31,  
   2025    2024  
 Lease income  $683  $491 

Future lease commitments to be received by the Company as of  March 31, 2025, are as follows:

  Twelve months ended March 31,     
 2026  $1,471 
 2027   1,478 
 2028   1,313 
 2029   1,290 
 2030   1,091 
 Thereafter   - 
 Total future lease commitments  $6,643 

9. Stock Based Compensation

   2019 Stock Plan

    The Aemetis, Inc. Amended and Restated
   2019 Stock Plan (the
   “2019 Stock Plan”) allows our Board of Directors or delegated Board committee to grant Incentive Stock Options, Non-Statutory Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Units, Performance Shares, and other stock or cash awards to employees, Directors, and consultants. During the
   three months ending
    March 31, 2025, the Company issued stock options to employees exercisable for
   1.8 million shares and issued
   364 thousand shares of stock to members