Company: AMTX
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001437749-25-033667
Chunk: 66

Company: AEMETIS, INC
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1F
Chunk 66
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 and the project is placed into service, and is calculated using the straight-line method to allocate the depreciable amount over the estimated useful life of the applicable asset as follows:

       Years  
 Plant and buildings   20 - 30 
 Machinery and equipment   5 - 15 
 Furniture and fixtures   3 - 5 

   For the three months ended  September 30, 2025 and 2024, we recorded depreciation expense of $2.3 million and $2.3 million, respectively. For the nine months ended  September 30, 2025 and 2024, we recorded depreciation expense of $7.0 million and $6.1 million, respectively. 

   5. Debt
    
   Debt consists of the following:
   
       September 30, 2025    December 31, 2024  
 Third Eye Capital term notes  $7,274  $7,212 
 Third Eye Capital revenue participation term notes   12,216   12,110 
 Third Eye Capital revolving credit facility   33,246   31,434 
 Third Eye Capital revolving notes Series B   81,129   68,476 
 Third Eye Capital acquisition term notes   26,961   26,788 
 Third Eye Capital Fuels Revolving Line   47,060   41,286 
 Third Eye Capital Carbon Revolving Line   28,727   26,302 
 Third Eye Capital short term promissory note   -   2,006 
 Biogas construction and term loans   48,961   48,235 
 Cilion purchase obligation   7,407   7,242 
 Subordinated notes   20,609   19,391 
 EB-5 promissory notes   39,297   41,615 
 Working capital loans   -   5,102 
 Term loans on capital expenditures   565   862 
 Equipment financing   51   - 
 Total debt   353,503   338,061 
 Less current portion of debt   286,715   90,534 
 Total long term debt  $66,788  $247,527 

   Third Eye Capital Keyes Notes.  On  July 6, 2012, Aemetis, Inc., Aemetis Advanced Fuels Key