Company: AMTX
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001437749-25-033667
Chunk: 80

Company: AEMETIS, INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1F
Chunk 80
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 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 and nine months ended  September 30, 2025 and 2024, respectively:

       Three months ended September 30,    Nine months ended September 30,  
   2025    2024    2025    2024  
 Lease income  $754  $569  $2,170  $1,576 

   Future lease commitments to be received as of  September 30, 2025, are as follows:

     Twelve months ended September 30,     
 2026  $1,736 
 2027   1,700 
 2028   1,559 
 2029   1,605 
 2030   607 
 Thereafter   - 
 Total future lease commitments  $7,207 

   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
      nine months ended  September 30, 2025, we issued stock options to employees exercisable for
      1.8 million shares, issued
      368 thousand shares of stock to members of our Board of Directors as compensation, and
      29 thousand shares to an executive officer in lieu of cash compensation. The following table summarizes activity under the
      2019 Stock Plan during the
      nine months ending
       September 30, 2025:

       Shares Available for Grant    Number of Shares Outstanding    Weighted-Average Exercise Price  
 Balance as of December 31, 2024   78   7,201  $4.06 
 Authorized   2,148       - 
 Options Granted   (1,832)