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5. Variable Interest Entity (Tables)
 9 Months Ended
Sep. 30, 2019
Variable Interest Entity  
Variable interest entity, balance sheet and operations
      As of  
   

September 30,

2019

    

December 31,

2018

  
Assets            
Current assets:            
Cash and cash equivalents   $ 4     $ 17  
Prepaid expenses     25       215  
Other assets     -       103  
Total current assets     29       335  
                 
Property, plant and equipment     15,408       15,408  
Promissory note receivable from Aemetis     6,659       6,182  
                 
Total assets   $ 22,096     $ 21,925  
                 
Liabilities and stockholder deficit                
                 
Other accrued liabilities   $ 295     $ 44  
Secured and revolving notes     29,373       26,621  
                 
Total liabilities     29,668       26,665  
                 
Accumulated deficit     (7,572 )     (4,740 )
Total liabilities and stockholder deficit   $ 22,096     $ 21,925  

 

    Goodland Advanced Fuels, Inc.          
    Statements of Operations            
    Three months ended     For the nine months ended  
    September 30, 2019     September 30, 2018     September 30, 2019     September 30, 2018  
Other Expenses                        
Selling, general and administrative expenses   $ 103     $ 89     $ 315     $ 321  
                                 
Operating loss     (103 )     (89 )     (315 )     (321 )
                                 
Interest expense                                
    Interest rate expense     800       739       2,304       2,106  
    Debt related fees and amortization expense     167       168       694       493  
Other income     (170 )     (204 )     (481 )     (534 )
                                 
Net loss   $ (900 )   $ (792 )   $ (2,832 )   $ (2,386 )