XML 22 R10.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 4 - Property, Plant and Equipment | 3 Months Ended
--- | ---
Mar. 31, 2025
Notes to Financial Statements |
Property, Plant and Equipment Disclosure [Text Block] | 4. Property, Plant and Equipment Property, plant and equipment consist of the following:
|  | As of |
|  | March 31, 2025 |  |  | December 31, 2024 |
Land |  | $ | 8,643 |  |  | $ | 8,642 |
Plant and buildings |  |  | 184,088 |  |  |  | 182,724 |
Furniture and fixtures |  |  | 2,805 |  |  |  | 2,686 |
Machinery and equipment |  |  | 5,905 |  |  |  | 5,721 |
Construction in progress |  |  | 46,947 |  |  |  | 46,201 |
Property held for development |  |  | 15,431 |  |  |  | 15,431 |
Finance lease right of use assets |  |  | 2,889 |  |  |  | 2,889 |
Total gross property, plant & equipment |  |  | 266,708 |  |  |  | 264,294 |
Less accumulated depreciation |  |  | (67,273 | ) |  |  | (64,902 | )
Total net property, plant & equipment |  | $ | 199,435 |  |  | $ | 199,392 |
For the three months ended March 31, 2025 and 2024, interest capitalized in property, plant and equipment was $1.0 million and $1.7 million, respectively. Construction in progress includes biogas dairy digesters, the Riverbank sustainable aviation fuel and renewable diesel plant, carbon capture and underground sequestration facilities, and energy efficiency projects at the Keyes Plant. Property held for development is the partially completed Goodland Plant. Depreciation begins for each project when construction is complete and the project is placed into service, and is calculated using the straight-line method to allocate the depreciable amount over the estimated useful life of the applicable asset as follows:
|  | Years |
Plant and buildings |  |  | 20 - 30 |
Machinery and equipment |  |  | 5 - 15 |
Furniture and fixtures |  |  | 3 - 5 |
For the three months ended March 31, 2025 and 2024, the Company recorded depreciation expense of $2.4 million and $1.8 million, respectively.

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration