Company: AMTX
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001437749-25-025271
Chunk: 95

Company: AEMETIS, INC
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1F
Chunk 95
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10.1 million bushels of corn at an average price of $6.35 per bushel during the six months ended June 30, 2024. The slight decrease in cost of goods sold for the six months ended June 30, 2025, is mainly due to the decrease in the quantity of the corn ground.  

       25

       (Tabular data in thousands, except par value and per share data)

California Dairy Renewable Natural Gas. Cost of goods sold includes dairy manure payments, equipment maintenance, and depreciation. The increase from the second quarter of 2024 to the second quarter of 2025 was primarily due to the increase in the number of operating digesters.

India Biodiesel.  The decrease in cost of goods sold during the six months ended June 30, 2025, compared to June 30, 2024, was attributable to a reduced use of feedstock due to reduced sales of biodiesel during the six months ended June 30, 2025, of 9.4 metric tons compared to 47.5 thousand metric tons of biodiesel sold during the six months ended June 30, 2024. 

Gross profit (loss)

      2025 

      2024 

      Inc/(dec) 

      % change 

      California Ethanol 
      
     $
     (8,744
     )
      
     $
     (9,579
     )
      
     $
     835

     (8.7
     )%

      California Dairy Renewable Natural Gas 

     1,160

     2,074

     (914
     )

     (44.1
     )%

      India Biodiesel 

     (851
     )

     5,087

     (5,938
     )

     (116.7
     )%

      Total 
      
     $
     (8,435
     )
      
     $
     (2,418
     )
      
     $
     (6,017
     )

     248.8
     %

California Ethanol. The decrease in gross loss between the six months ended June 30, 2025, and the same period in 2024 was attributable primarily to the decrease in the costs of goods sold. 

California Dairy Renewable Natural Gas. The decrease in gross profit for the six months ended June 30,