Company: AMTX
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025271
Chunk: 39

Company: AEMETIS, INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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 operating digesters.

India Biodiesel.  The decrease in cost of goods sold during the three months ended June 30, 2025, compared to June 30, 2024, was attributable to reduced biodiesel sales. The average cost of feedstock used to produce biodiesel was $1,165 per metric ton during the three months ended June 30, 2025, compared to $924 per metric ton during the three months ended June 30, 2024. 

Gross profit (loss)

      2025 

      2024 

      Inc/(dec) 

      % change 

      California Ethanol 
      
     $
     (3,806
     )
      
     $
     (3,921
     )
      
     $
     115

     (2.9
     )%

      California Dairy Renewable Natural Gas 

     855

     (136
     )

     991

     (728.7
     )%

      India Biodiesel 

     (404
     )

     2,251

     (2,655
     )

     (117.9
     )%

      Total 
      
     $
     (3,355
     )
      
     $
     (1,806
     )
      
     $
     (1,549
     )

     85.8
     %

California Ethanol. The decrease in gross loss during the three months ended June 30, 2025, compared to the same period in 2024, was attributable primarily to decreased corn costs.

California Dairy Renewable Natural Gas. The increase in gross profit for the three months ended June 30, 2025, compared to the same period in 2024, is due to the increase in sales as a result of the increased number of operating digesters.

India Biodiesel. The decrease in gross profit for the three months ended June 30, 2025, compared to the same period in 2024, reflects the decrease in the quantity of biodiesel sold, as well as a decrease in glycerin sold, coupled with a 28% increase in feedstock costs.  

Operating (income)/expense and non-operating (income)/expense

      2025 

      2024 

      Inc/(dec) 

      % change 

      Selling, general and administrative 

     7,319

     11,800