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12. Segment Information
 3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
12. Segment Information

Aemetis recognizes two reportable geographic segments: “India” and “North America.” The “India” operating segment the Company’s 50 million gallon per year nameplate capacity biodiesel manufacturing plant in Kakinada, the administrative offices in Hyderabad, India, and the holding companies in Nevada and Mauritius. The Company’s biodiesel is marketed and sold primarily to customers in India through brokers and by the Company directly.

 

The “North America” operating segment includes the Company’s owned ethanol plant in Keyes, California and its technology lab in College Park, Maryland. As the Company’s technology gains market acceptance, this business segment will include its domestic commercial application of cellulosic ethanol technology, its plant construction projects and any acquisitions of ethanol or ethanol related technology facilities in North America.

 

Summarized financial information by reportable segment for the three months ended March 31, 2014 and 2013 follows:

 

    For the three     For the three  
    months ended     months ended  
    March 31,     March 31,  
    2014     2013  
Revenues            
India   $ 1,584     $ 11,541  
North America     59,081       7,879  
    Total revenues   $ 60,665     $ 19,420  
                 
Cost of goods sold                
India   $ 1,632     $ 10,755  
North America     43,409       8,418  
    Total cost of goods sold   $ 45,041     $ 19,173  
                 
Gross profit/(loss)                
India   $ (48 )   $ 786  
North America     15,672       (539 )
Total gross profit   $ 15,624     $ 247  

 

India. During the three months ended March 31, 2014, four customers accounted for approximately 94% of the consolidated India segment revenues.  During the three months ended March 31, 2013, five customers accounted for approximately 80% of the consolidated India segment revenues.

 

North America: During the three months ended March 31, 2014, the Company’s revenues from ethanol, WDG, and corn oil were made pursuant to the Grain Procurement and Working Capital Agreement established between the Company and J.D. Heiskell.  Sales of ethanol and WDG to J.D. Heiskell accounted for 98% of the Company’s North America segment revenues for the three months ending March 31, 2014.

 

During the three months ended March 31, 2013, all of the Company’s revenues from ethanol and WDG were made pursuant to the Corn Procurement and Working Capital Agreement established between the Company and J.D. Heiskell.  Sales of ethanol and WDG to J.D. Heiskell accounted for 93% of the Company’s consolidated revenues for the three months ended March 31, 2013.

  

Total assets consist of the following:

 

         
    As of     As of  
    March 31,     December 31,  
    2014     2013  
             
India   $ 12,946     $ 13,959  
North America     86,433       83,183  
    Total Assets   $ 99,379     $ 97,142