Company: AMTX
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015301
Chunk: 8

Company: AEMETIS, INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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   Debt consists of the following:
   
       March 31, 2025    December 31, 2024  
 Third Eye Capital term notes  $7,245  $7,212 
 Third Eye Capital revenue participation term notes   12,162   12,110 
 Third Eye Capital revolving credit facility   27,468   31,434 
 Third Eye Capital revolving notes Series B   72,003   68,476 
 Third Eye Capital acquisition term notes   26,854   26,788 
 Third Eye Capital Fuels Revolving Line   42,936   41,286 
 Third Eye Capital Carbon Revolving Line   26,668   26,302 
 Third Eye Capital short term promissory note   2,033   2,006 
 Biogas construction and term loans   48,096   48,235 
 Cilion purchase obligation   7,296   7,242 
 Subordinated notes   19,676   19,391 
 EB-5 promissory notes   39,115   41,615 
 Working capital loans   3,979   5,102 
 Term loans on capital expenditures   760   862 
 Total debt   336,291   338,061 
 Less current portion of debt   119,547   90,534 
 Total long term debt  $216,744  $247,527 

   Third Eye Capital Keyes Notes.  On  July 6, 2012, Aemetis, Inc., Aemetis Advanced Fuels Keyes, Inc. (“AAFK”), and Aemetis Facility Keyes, Inc. (“AFK”) entered into an Amended and Restated Note Purchase Agreement (the “Note Purchase Agreement”) with Third Eye Capital Corporation ("Third Eye Capital"). Pursuant to the Note Purchase Agreement, Third Eye Capital, as administrative agent on behalf of several noteholders, extended credit in the form of (i) senior secured term loans in an aggregate principal amount of approximately $7.2 million to replace existing notes held by Third Eye Capital (the “Term Notes”); (ii) senior secured revolving loans in an aggregate principal amount of $18.0 million (the “Revolving Credit Facility”); (iii) senior secured term loans in the principal amount of $10.0 million to convert the prior revenue participation