Company: AMTX
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001437749-25-033667
Chunk: 18

Company: AEMETIS, INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 18
---
 7,305   8,961   23,133   27,476 
 Other sales   2,169   2,048   5,594   4,931 
 Total  $40,726  $44,934  $115,762  $121,155 

      California Dairy Renewable Natural Gas Revenues: Our renewable natural gas ("RNG") production facilities as of
       September 30, 2025, include
      twelve anaerobic digesters that process feedstock from dairies into biogas, a
      36-mile collection pipeline leading to a central upgrading hub that produces RNG, and an interconnect to inject the RNG into the utility natural gas pipeline for delivery to customers for use as transportation fuel. We also generate sellable credits under the federal Renewable Fuel Standard (referred to as
      "D3 RINs") and the California Low Carbon Fuel Standard ("LCFS"), as well as other tax credit programs. We recognize revenue from natural gas sales when we inject the RNG into the utility pipeline and we recognize revenue from sales of
      D3 RINs and LCFS credits when we sell the credits. The following table shows sales in our RNG segment:

       For the three months ended September 30,    For the nine months ended September 30,  
   2025    2024    2025    2024  
 Gas sales  $393  $238  $944  $676 
 LCFS credit sales   1,187   860   3,120   2,371 
 RIN sales   2,416   3,152   5,426   6,593 
 Total  $3,996  $4,250  $9,490  $9,640 

      India Biodiesel Revenues: We sell biodiesel to the government-owned India Oil Market Companies pursuant to tender offers, and we sell refined glycerin to private parties. We also occasionally sell feedstock based on market conditions. The following table shows sales in our India Biodiesel segment by product category:

       For the three months ended September 30,    For the nine months ended September 30,  
   2025    2024    2025    2024