Company: AMTX
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001437749-25-015301
Chunk: 76

Company: AEMETIS, INC
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1F
Chunk 76
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   6,753   636   425   2,699   10,513 
 Accretion and other expenses of Series A preferred units   -   3,311   -   -   3,311 
 Income tax expense   -   35   843   -   878 
 Depreciation   966   569   208   55   1,798 
 Stock-based compensation expense   -   -   -   2,969   2,969 
 Other amortization   12   -   -   -   12 
 EBITDA   (6,369)  1,385   2,790   (2,556)  (4,750)
                     
 Capital expenditures   107   2,843   304   329   3,583 
 Total assets as of December 31, 2024   57,076   126,113   37,587   38,526   259,302 

   California Ethanol: 
   Sales of ethanol, WDG, and corn oil to
   one customer (J.D. Heiskell) accounted for 99.4% and 
   99.7%
   of the Company’s California Ethanol segment revenues for the three months ended 
    March 31, 2025 and 
   2024, respectively. J.D. Heiskell accounts for
   99% of all domestic sales.

   California Dairy Renewable Natural Gas: 
   
     Sales of RNG during the 
    three months ended
     March 31, 2025 were to a single customer. We sold
    D3 RINs and LCFS credits to
    two other customers. 

   India Biodiesel: During the
   three months ended
    March 31, 2025, revenues consisted of sales of glycerin and raw materials, and
   two customers accounted for
   18% and
   73% of the segment's revenues.

   14. Related Party Transactions
    
   The Company owes Eric McAfee, the Company’s Chairman and CEO, and McAfee Capital LLC (“McAfee Capital”), owned by Eric McAfee, $1.3 million as of  March 31, 202