Company: AMTX
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001437749-25-033667
Chunk: 49

Company: AEMETIS, INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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      Inc/(dec) 

      % change 

      California Ethanol 
      
     $
     (10,176
     )
      
     $
     (9,494
     )
      
     $
     (682
     )

     7.2
     %

      California Dairy Renewable Natural Gas 

     2,460

     3,971

     (1,511
     )

     (38.1
     )%

      India Biodiesel 

     (777
     )

     6,983

     (7,760
     )

     (111.1
     )%

      Total 
      
     $
     (8,493
     )
      
     $
     1,460

     $
     (9,953
     )

     (681.7
     )%

California Ethanol. The slight increase in gross loss between the nine months ended September 30, 2025, and the same period in 2024 was attributable primarily to a 4% decrease in the volume of ethanol sold and an 8% decrease in the volume of WDG sold, along with an 8% decrease in the average price of WDG sold, partially offset by a 4% decrease in costs. 

California Dairy Renewable Natural Gas. The decrease in gross profit for the nine months ended September 30, 2025, compared to the same period in 2024 is due to the increase in costs of goods sold for the increased number of operating digesters along with a decrease in the average price of D3 RINs by 23%.

India Biodiesel. The decrease in gross profit during the nine months ended September 30, 2025, compared to the Nine months ended September 30, 2024 reflects reduced sales in 2025 and a 51% increase in feedstock costs.

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

      2025 

      2024 

      Inc/(dec) 

      % change 

      Selling, general and administrative expenses 

     26,244

     28,400

     (2,156
     )

     (7.6
     )%

      Other expense (income): 

      Interest expense 

      Interest rate expense 
      
     $
     34,142

     $
     29,092

     5,050

     17.