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12. Segment Information
 6 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
12. Segment Information

Aemetis recognizes two reportable geographic segments: “North America “ and “India .” 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 becomes commercialized, this business segment will include its domestic commercial application of second generation ethanol technology, its plant construction projects and any acquisitions of ethanol or ethanol related technology facilities in North America.

 

The “India” operating segment includes 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.

  

Summarized financial information by reportable segment for the three and six months ended June 30, 2014 and 2013 follows:

 

    For the three months ended June 30,     For the six months ended June 30,  
    2014     2013     2014     2013  
Revenues                        
North America   $ 53,999     $ 35,832     $ 113,080     $ 43,711  
India     3,196       11,521       4,780       23,062  
    Total revenues   $ 57,195     $ 47,353     $ 117,860     $ 66,773  
                                 
Cost of goods sold                                
North America   $ 42,713     $ 34,724     $ 86,122     $ 43,142  
India     3,129       8,878       4,761       19,633  
    Total cost of goods sold   $ 45,842     $ 43,602     $ 90,883     $ 62,775  
                                 
Gross profit/(loss)                                
North America   $ 11,286     $ 1,108     $ 26,958     $ 569  
India     67       2,643       19       3,429  
Total gross profit   $ 11,353     $ 3,751     $ 26,977     $ 3,998  

 

India. During the three  months ended June 30, 2014, three customers accounted for approximately 96% of the consolidated India segment revenues.  During the three months ended June 30, 2013, one customer accounted for approximately 75% of the consolidated India segment revenues.

 

North America: During the three months ended June 30, 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 ended June 30, 2014.

 

During the three months ended June 30, 2013, 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 ended June 30, 2013.

 

Total assets consist of the following:

 

    As of     As of  
    June 30,     December 31,  
    2014     2013  
             
North America   $ 81,226     $ 83,183  
India     14,221       13,959  
    Total Assets   $ 95,447     $ 97,142