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12. Segment Information | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Segment Information | Aemetis recognizes two reportable geographic segments: “North America” and “India.” The “North America” operating segment includes the Keyes Plant in Keyes, the cellulosic ethanol facility in Riverbank, the cluster of biogas digesters on dairies near Keyes, California, the Goodland Plant, Kansas and the research and development facility in Minnesota. The “India” operating segment includes the Company’s 50 million gallon per year nameplate capacity biodiesel manufacturing Kakinada Plant, 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 years ended December 31, 2019 and 2018 follow:
|  | For the year ended December 31, 2019 |  |  | For the year ended December 31, 2018 |
|  | North America |  |  | India |  |  | Total Consolidated |  |  | North America |  |  | India |  |  | Total Consolidated |
Revenues |  | $ | 154,148 |  |  | $ | 47,850 |  |  | $ | 201,998 |  |  | $ | 150,045 |  |  | $ | 21,481 |  |  | $ | 171,526 |
Cost of goods sold |  |  | 150,197 |  |  |  | 39,103 |  |  |  | 189,300 |  |  |  | 145,947 |  |  |  | 20,174 |  |  |  | 166,121 |
Gross profit |  |  | 3,951 |  |  |  | 8,747 |  |  |  | 12,698 |  |  |  | 4,098 |  |  |  | 1,307 |  |  |  | 5,405 |
Other Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Research and development expenses |  |  | 205 |  |  |  | - |  |  |  | 205 |  |  |  | 246 |  |  |  | - |  |  |  | 246 |
Selling, general and administrative expenses |  |  | 13,279 |  |  |  | 4,145 |  |  |  | 17,424 |  |  |  | 15,204 |  |  |  | 881 |  |  |  | 16,085 |
Interest expense |  |  | 25,404 |  |  |  | 351 |  |  |  | 25,755 |  |  |  | 25,076 |  |  |  | 614 |  |  |  | 25,690 |
Accretion of Series A preferred units |  |  | 2,257 |  |  |  | - |  |  |  | 2,257 |  |  |  | 44 |  |  |  | - |  |  |  | 44 |
Loss contingency on litigation |  |  | 6,200 |  |  |  | - |  |  |  | 6,200 |  |  |  | - |  |  |  | - |  |  |  | - |
Loss on impairment of intangibles |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 865 |  |  |  | - |  |  |  | 865 |
Other expense (income) |  |  | 25 |  |  |  | (822 | ) |  |  | (797 | ) |  |  | (1,208 | ) |  |  | (37 | ) |  |  | (1,245 | )
Income (loss) before income taxes |  | $ | (43,419 | ) |  | $ | 5,073 |  |  | $ | (38,346 | ) |  | $ | (36,129 | ) |  | $ | (151 | ) |  | $ | (36,280 | )
Capital expenditures |  | $ | 7,519 |  |  | $ | 1,059 |  |  | $ | 8,578 |  |  | $ | 2,746 |  |  | $ | 1,328 |  |  | $ | 4,074 |
Depreciation |  |  | 3,822 |  |  |  | 612 |  |  |  | 4,434 |  |  |  | 3,968 |  |  |  | 612 |  |  |  | 4,580 |
Total assets by segment are as follows:
|  | As of |
|  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |
North America |  | $ | 82,990 |  |  | $ | 78,149 |
India |  |  | 16,906 |  |  |  | 13,672 |
Total Assets |  | $ | 99,896 |  |  | $ | 91,821 |
North America: In 2019 and 2018, the majority of the Company’s revenues from sales of ethanol, WDG and corn oil were sold to J.D. Heiskell pursuant to the Corn Procurement and Working Capital Agreement. Sales to J.D. Heiskell accounted for 99.1% and 99.7% of the Company’s North America segment consolidated revenues in 2019 and 2018 respectively. India: During 2019, three customers accounted for 33%, 15%, and 13%, of the consolidated India segment revenues compared to two customers accounting for 53% and 13% of the consolidated India segment revenues in 2018.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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