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Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

 

The following table summarizes compensation paid to our Executive Officers and Company performance metrics. Compensation is shown based on compensation provided during the listed years, and is also shown based on a calculation of compensation "Actually Paid" according to SEC regulations that account for changes in the value of issued but unvested options during the year.

 

Year

 

Summary Compensation table total for PEO

   

Compensation Actually Paid to CEO

   

Average summary compensation table total for non-PEO named executive officers

   

Average compensation actually paid to non-PEO named executive officers

   

Value of initial fixed $100 investment based on Aemetis shareholder return

   

Aemetis GAAP Net income ($000s)

 

2024

  $ 1,637,000     $ 1,637,000     $ 823,934     $ 432,935     $ 108     $ (87,537 )

2023

  $ 1,760,000     $ 1,760,000     $ 1,112,349     $ 1,329,039     $ 210     $ (46,420 )

2022

  $ 460,000     $ 460,000     $ 1,808,819     $ (401,736 )   $ 159     $ (107,758 )

2021

  $ 2,427,700     $ 2,427,700     $ 854,826     $ 5,177,847     $ 494     $ (47,147 )

 

Our Chief Executive Officer (“CEO”), Eric A. McAfee, served as our Principal Executive Officer (“PEO”) during 2021 to 2024. The compensation for our other Named Executive Officers (“Non-PEO NEOs”) is the average of compensation of our Non-PEO NEOs who were employed during all twelve months of the applicable year.

     
PEO Total Compensation Amount $ 1,637,000 $ 1,760,000 $ 460,000 $ 2,427,700
PEO Actually Paid Compensation Amount 1,637,000 1,760,000 460,000 2,427,700
Non-PEO NEO Average Total Compensation Amount 823,934 1,112,349 1,808,819 854,826
Non-PEO NEO Average Compensation Actually Paid Amount $ 432,935 1,329,039 (401,736) 5,177,847
Adjustment to Non-PEO NEO Compensation Footnote

For each year, the values included for compensation "Actually Paid" to our non-CEO NEOs reflect the following adjustments to the summary compensation values:  

 

   

2021

   

2022

   

2023

   

2024

 

Change in Option Value:

                               

Deduct Option Grants During Year, Value at Time of Grant

                  $ (514,694 )   $ (527,534 )

(i) Add, Option Grants During Year, Value of Unvested at End of Year

                  $ 513,878     $ 328,663  

(ii) Add Prior Unvested Options, Change in Value of Unvested at End of Year

                  $ 79,052     $ (194,119 )

(iii) Add Option Grants During Year, Value at Vesting During Year

                  $ 139,786     $ 137,010  

(iv) Add Prior Unvested Options, Change in Value of Vested During Year

                  $ (1,333 )   $ (135,020 )

Net Change in Option Value

  $ 4,323,021     $ (2,210,555 )   $ 216,690     $ (390,999 )

Summary Compensation Table - Total Compensation

  $ 854,826     $ 1,808,819     $ 1,112,349     $ 823,934  

Compensation Actually Paid (Average Non-PEO NEOs)

  $ 5,177,847     $ (401,736 )   $ 1,329,039     $ 432,935  

 

For purpose of calculating the "Actually Paid" compensation, the value of stock options as of the end of a calendar year or as of a vesting date is based on a Black-Scholes valuation model using the following assumptions, expressed as a range over the applicable calendar year:

 

 

2021

 

2022

 

2023

 

2024

Stock Price

$2.96 – $26.19

 

$3.75 – $12.38

 

$2.03 - $7.58

 

$2.41 -$5.44

Expected Life (years)

3.50 – 6.42

 

3.50 – 6.17

 

3.50 - 5.625

 

3.50 - 5.625

Risk-Free Rate

0.27% – 1.39%

 

1.25% – 4.27%

 

3.36% - 4.81%

 

3.63 - 4.68

Volatility

114.20% – 132.92%

 

116.50% – 129.33%

 

118.74% - 122.52%

 

113.32% - 119.97%

Dividend Yield

0%

 

0%

 

0%

 

0%

 

 

     
Compensation Actually Paid vs. Total Shareholder Return

Pay Versus Performance Relationship

 

The following charts show the relationship between the amounts included in the Pay versus Performance Table for each year from 2021 to 2024, including a comparison of Compensation Actually Paid to the CEO and the average Compensation Actually Paid to our non-CEO NEOs, and each of the two performance measures set forth the Pay versus Performance Table.

 

pvpgraph01.jpg
     
Compensation Actually Paid vs. Net Income
pvpgraph02.jpg

 

 

     
Total Shareholder Return Amount $ 108 210 159 494
Net Income (Loss) (87,537,000) (46,420,000) (107,758,000) (47,147,000)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (527,534) (514,694)    
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 328,663 513,878    
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (194,119) 79,052    
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 137,010 139,786    
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (135,020) (1,333)    
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (390,999) $ 216,690 $ (2,210,555) $ 4,323,021