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14. Parent Company Financial Statements (Unaudited)
 12 Months Ended
Dec. 31, 2017
Condensed Financial Information of Parent Company Only Disclosure [Abstract]  
Parent Company Financial Statements (Unaudited)

The following is a summary of the Parent Company financial statements for the years ended December 31, 2017 and 2016:

 

Aemetis, Inc. (Parent Company)

Balance Sheets

As of December 31, 2017 and 2016

 

Assets   2017     2016  
Current assets            
Cash and cash equivalents   $ 29     $ -  
Receivables due from subsidiaries     6,946       12,244  
Prepaid expenses     251       270  
Total current assets     7,226       12,514  
                 
                 
Property, plant and equipment, net     15       27  
Other assets     54       54  
Total Assets   $ 7,295     $ 12,595  
                 
Liabilities & stockholders' deficit                
Current liabilities                
Accounts payable   $ 3,568     $ 3,039  
Mandatorily redeemable Series B convertible preferred     2,946       2,844  
GAFI- payables     3,357       -  
Other current liabilities     1,679       1,419  
Total current liabilities     11,550       7,302  
                 
                 
Subsidiary obligation in excess of investment                
Investment in AE Advanced Fuels, Inc.     69,273       49,694  
Investment in Aemetis Americas, Inc     205       205  
Investment in Aemetis Biofuels, Inc.     2,738       2,738  
Investment in Aemetis Technologies, Inc.     2,947       2,405  
Investment in AE Advanced Fuels Goodland , Inc.     100       51  
Investment in AE Advanced Products Keyes , Inc.     (1,617 )     113  
Investment in Biofuels Marketing, Inc.     349       349  
Investment in Aemetis International, Inc.     142       (449 )
Total subsidiary obligation in excess of investment     74,137       55,106  
Total long term liabilities     74,137       55,106  
                 
Stockholders' deficit                
Series B Preferred convertible stock     1       1  
Common stock     20       20  
Additional paid-in capital     84,679       83,441  
Accumulated deficit     (160,188 )     (129,887 )
Accumulated other comprehensive loss     (2,904 )     (3,388 )
Total stockholders' deficit     (78,392 )     (49,813 )
Total liabilities & stockholders' deficit   $ 7,295     $ 12,595  

 

Aemetis, Inc. (Parent Company)

Statements of Operations and Comprehensive Loss

For the Years Ended December 31, 2017 and 2016

 

    2017     2016  
Equity in subsidiary losses   $ (22,341 )   $ (10,272 )
Selling, general and administrative expenses     7,317       4,818  
Operating loss     (29,658 )     (15,090 )
Other expense                
Interest expense     503       278  
Other expense     134       262  
 Loss before income taxes     (30,295 )     (15,630 )
Income tax expense     6       6  
Net loss     (30,301 )     (15,636 )
Other comprehensive loss                
Foreign currency translation adjustment     484       (209 )
Comprehensive loss   $ (29,817 )   $ (15,845 )

 

Aemetis, Inc. (Parent Company)

Statements of Cash Flows

For the years ended December 31, 2017 and 2016

 

    2017     2016  
Operating activities:            
Net loss     (30,301 )     (15,636 )
Adjustments to reconcile net loss to net cash used in operating activities:                
Stock-based compensation     1,101       747  
Stock issued for services     118       -  
Depreciation     6       (25 )
Subsidiary portion of net losses     22,341       10,272  
Changes in assets and liabilities:                
Prepaid expenses     19       45  
Accounts payable     529       293  
Accrued interest expense     503       284  
Other liabilities     64       104  
Net cash used in operating activities     (5,620 )     (3,916 )
Investing activities:                
Subsidiary advances, net     5,149       3,916  
Net cash provided by investing activities     5,149       3,916  
Financing activities:                
Proceeds from borrowings under secured debt facilities     500       -  
Net cash provided by financing activities     500       -  
Net increase in cash and cash equivalents     29       -  
Cash and cash equivalents at beginning of period     -       -  
Cash and cash equivalents at end of period   $ 29     $ -  
Supplemental disclosures of cash flow information, cash paid:                
Interest payments     -       -  
Income tax expense     6       6  
Supplemental disclosures of cash flow information, non-cash transactions:                
Fair value of warrants issued to subordinated debt holders     321       579  
Repurchase of common stock added to TEC promissory note     451       -  
Settlement of accounts payable through transfer of equipment     -       66  
Settlement of subordinated debt through issuing stock     132       -  
Payment of TEC bridge loan added to GAFI Revolving loan     3,669       -