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9. Segment Information | 3 Months Ended
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Mar. 31, 2021
Segment Reporting [Abstract] |
9. Segment Information | Aemetis recognizes two reportable geographic segments: “North America” and “India.” The “North America” operating segment includes the Keyes Plant, the Riverbank Cellulosic Ethanol Facility, the Biogas Project, the Goodland Plant and the research and development facility in Minnesota. The “India” operating segment includes the 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 three months ended March 31, 2021 and 2020 follows:
|  | Three months ended March 31, 2021 |  |  | Three Months ended March 31, 2020 |
|  | North America |  |  | India |  |  | Total Consolidated |  |  | North America |  |  | India |  |  | Total Consolidated |
Revenues |  | $ | 42,328 |  |  | $ | 479 |  |  | $ | 42,807 |  |  | $ | 35,872 |  |  | $ | 3,608 |  |  | $ | 39,480 |
Cost of goods sold |  |  | 45,881 |  |  |  | 534 |  |  |  | 46,415 |  |  |  | 36,413 |  |  |  | 3,500 |  |  |  | 39,913 |
Gross (loss) profit |  |  | (3,553 | ) |  |  | (55 | ) |  |  | (3,608 | ) |  |  | (541 | ) |  |  | 108 |  |  |  | (433 | )
Other Expenses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Research and development expenses |  |  | 23 |  |  |  | - |  |  |  | 23 |  |  |  | 117 |  |  |  | - |  |  |  | 117 |
Selling, general and administrative expenses |  |  | 5,021 |  |  |  | 361 |  |  |  | 5,382 |  |  |  | 3,120 |  |  |  | 816 |  |  |  | 3,936 |
Interest expense |  |  | 7,180 |  |  |  | - |  |  |  | 7,180 |  |  |  | 6,857 |  |  |  | 19 |  |  |  | 6,876 |
Accretion of Series A preferred units |  |  | 1,943 |  |  |  | - |  |  |  | 1,943 |  |  |  | 960 |  |  |  | - |  |  |  | 960 |
Other (income) expense |  |  | (10 | ) |  |  | (21 | ) |  |  | (31 | ) |  |  | (53 | ) |  |  | (10 | ) |  |  | (63 | )
Loss before income taxes |  | $ | (17,710 | ) |  | $ | (395 | ) |  | $ | (18,105 | ) |  | $ | (11,542 | ) |  | $ | (717 | ) |  | $ | (12,259 | )
Capital expenditures |  | $ | 6,443 |  |  | $ | 117 |  |  | $ | 6,560 |  |  | $ | 1,298 |  |  | $ | 1,074 |  |  | $ | 2,372 |
Depreciation |  |  | 1,202 |  |  |  | 184 |  |  |  | 1,386 |  |  |  | 933 |  |  |  | 157 |  |  |  | 1,090 |
North America. Sales of ethanol, WDG, and corn oil to two customers accounted for 71% and 29% of the Company’s North America segment revenues for the three months ended March 31, 2021. Sales of ethanol, WDG, corn oil to one customer accounted for 93% of the Company’s North America segment revenues for the three months ended March 31, 2020. India. During the three months ended March 31, 2021, one customer in biodiesel accounted for 75% of the Company’s consolidated India segment revenues. One refined glycerin customer accounted for 24% of the Company’s consolidated India segment revenues. During the three months ended March 31, 2020, two customers in biodiesel accounted for 32% and 18% of the Company’s consolidated India segment revenues. One of the PFAD customers accounted for 18% of the Company’s consolidated India segment revenues and none of the refined glycerin customers accounted for the Company’s consolidated India segment revenues. Total assets by segment consist of the following:
|  | As of |
|  | March 31, |  |  | December 31, |
|  | 2021 |  |  | 2020 |
North America |  | $ | 131,427 |  |  | $ | 112,312 |
India |  |  | 12,306 |  |  |  | 12,827 |
Total Assets |  | $ | 143,733 |  |  | $ | 125,139 |

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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