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5. Variable Interest Entity (Tables)

3 Months Ended

Mar. 31, 2019

Variable Interest Entity

Variable interest entity, balance sheet and operations

		Goodland Advanced Fuels, Inc.
		Balance Sheets
		As of
		March 31, 2019				December 31, 2018
Assets
Current assets:
Cash and cash equivalents		$	1			$	17
Prepaid expenses			135				215
Other assets			-				103
Total current assets			136				335

Property, plant and equipment			15,408				15,408
Promissory note receivable from Aemetis			5,778				6,182
Total assets		$	21,322			$	21,925

Liabilities and stockholder deficit

Other accrued liabilities		$	33			$	44
Secured and revolving notes			26,967				26,621
Total liabilities			27,000				26,665

Accumulated deficit			(5,678	)			(4,740	)
Total liabilities and stockholder deficit		$	21,322			$	21,925

		Goodland Advanced Fuels, Inc.
		Statements of Operations
		Three months ended
		March 31, 2019				March 31, 2018
Other Expenses
Selling, general and administrative expenses		$	110			$	98
Operating loss			(110	)			(98	)

Interest expense
Interest rate expense			748				678
Debt related fees and amortization expense			247				125
Other income			(167	)			(164	)
Net loss		$	(938	)		$	(737	)