Gevo, inc. (GEVO)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Current assets:
Cash and cash equivalents

9,289

16,302

20,944

29,155

35,466

33,734

38,316

27,030

7,029

11,553

14,764

16,303

20,393

27,888

31,063

22,617

8,672

17,031

16,203

22,528

4,353

6,359

14,010

5,908

8,422

24,625

25,661

40,588

54,102

66,744

91,997

38,602

73,622

94,225

97,605

105,197

15,274

Accounts receivable

152

1,135

378

166

1,125

526

637

1,443

1,288

1,054

1,243

1,363

1,204

1,122

1,079

1,674

869

1,391

1,134

2,319

2,148

2,361

2,042

3,085

1,664

1,358

867

498

1,036

698

736

1,129

3,030

2,938

2,749

2,355

2,830

Inventories

2,680

3,201

2,962

3,329

3,187

3,166

3,301

3,846

4,356

4,362

4,331

4,295

4,178

3,458

3,203

2,885

2,987

3,487

2,703

2,902

4,499

4,292

4,027

4,243

3,723

3,581

4,196

3,431

4,432

6,659

3,798

2,855

5,454

3,814

4,974

6,410

3,765

Prepaid expenses and other current assets

3,838

3,590

1,558

1,470

1,902

1,284

949

15,258

633

712

828

964

860

850

844

884

1,008

731

618

571

553

732

861

935

1,128

1,163

1,269

1,477

1,705

1,508

1,229

1,152

1,641

1,757

1,287

922

1,040

Derivative assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

52

8

271

219

-

62

-

1,370

350

361

Margin deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

277

593

386

-

-

1,343

624

Total current assets

15,959

24,228

25,842

34,120

41,680

38,710

43,203

47,577

13,306

17,681

21,166

22,925

26,635

33,318

36,189

28,060

13,536

22,640

20,658

28,320

11,553

13,744

20,940

14,171

14,937

30,727

32,088

46,046

61,283

75,880

98,256

44,331

84,195

102,734

107,985

116,577

23,894

Property, plant and equipment, net

65,855

66,696

67,148

67,998

68,045

67,462

66,853

67,180

68,764

70,369

71,917

73,243

74,538

75,592

76,507

77,773

78,562

76,777

76,505

77,899

79,597

81,240

82,510

83,704

83,242

83,475

82,697

77,994

78,132

77,093

76,836

69,680

42,139

28,777

24,372

23,900

23,465

Investment in Juhl

1,500

1,500

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DEFERRED OFFERING COSTS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,152

Debt issue costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

376

414

453

530

567

603

741

801

942

1,037

1,403

1,736

2,188

2,011

946

1,017

692

772

929

Restricted deposits

-

-

-

-

-

-

-

-

-

-

26,100

26,100

2,611

2,611

2,611

2,611

2,611

2,611

2,611

2,611

2,611

2,611

2,611

2,611

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits and other assets

848

935

978

1,675

1,738

863

1,310

1,273

803

803

803

803

803

803

803

803

803

803

803

803

803

803

853

-

-

1,352

-

-

-

-

-

-

-

-

-

-

-

Deposits and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

883

1,335

-

1,402

1,402

1,402

1,402

1,370

1,473

695

502

130

169

169

Total assets

84,162

93,359

95,468

103,793

111,463

107,035

111,366

116,030

82,873

88,853

93,886

96,971

104,587

112,324

116,110

109,247

95,512

102,831

100,953

110,047

95,017

98,928

107,481

101,972

100,255

116,355

117,129

126,479

142,220

156,111

178,650

117,495

127,975

133,030

133,179

141,418

51,609

Current liabilities:
Accounts payable and accrued liabilities

4,477

5,678

4,434

4,286

5,147

4,896

4,808

3,520

3,467

4,011

5,129

4,744

4,998

6,193

4,360

4,703

6,159

7,476

6,811

6,614

7,445

8,588

7,433

8,195

9,859

13,030

19,218

10,216

8,977

8,244

12,647

20,214

17,821

12,440

10,219

7,408

7,903

Notes (current), net

14,050

13,900

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of secured debt, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

324

342

330

320

309

298

288

253

268

1,288

788

10,477

10,063

9,678

8,513

8,952

12,158

6,371

3,491

1,747

1,928

1,785

Current Portion of 2017 Notes recorded at fair value

-

-

-

-

-

-

-

-

-

-

-

-

16,492

25,769

25,194

23,340

22,401

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2020/21 Notes embedded derivative liability

100

-

-

-

148

394

691

684

2,366

5,224

6,453

8,637

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans payable - other (current)

375

516

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative warrant liability

-

-

21

19

21

-

81

86

1,474

1,951

2,139

2,391

4,942

2,698

10,723

6,150

2,946

10,493

3,395

8,114

5,899

3,114

2,877

-

-

7,243

-

-

-

-

-

-

-

-

-

-

2,034

Other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

-

620

-

-

-

60

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,687

5,965

-

-

-

-

-

-

-

-

-

-

-

-

Derivative liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

6

12

-

422

47

186

-

-

405

Total current liabilities

19,002

20,094

18,098

17,691

18,280

5,290

5,580

4,290

7,307

11,186

13,721

15,772

26,432

34,660

40,321

34,517

32,468

18,299

10,526

15,037

13,702

12,025

10,563

13,150

17,112

21,061

29,706

20,279

18,661

16,769

21,599

32,794

24,239

16,117

11,966

9,336

12,127

Long-term portion of secured debt, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

153

241

325

407

485

561

31,871

8,735

9,339

7,432

10,217

12,882

15,445

17,910

20,280

26,510

24,752

17,671

17,847

18,647

Long Term portion of 2017 Notes recorded at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21,565

21,879

22,035

21,695

25,460

25,564

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2020 Notes (long-term), net

-

-

-

-

-

12,554

-

-

-

-

-

-

1,088

-

8,779

16,545

15,392

14,341

15,242

14,312

13,465

13,679

12,920

12,956

13,808

14,501

14,815

15,929

22,469

25,554

42,732

-

-

-

-

-

-

Loans payable - other (long-term)

232

233

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

435

528

450

505

654

404

407

414

117

130

142

154

167

179

18

-

146

147

147

150

305

315

348

359

468

479

413

413

512

512

1,518

1,524

18

24

247

463

876

Total liabilities

19,669

20,855

18,548

18,196

18,934

18,248

18,142

16,435

21,317

25,322

27,486

29,361

27,687

43,060

49,118

51,062

48,069

54,505

48,035

51,859

49,574

51,964

49,956

58,336

40,123

45,380

52,366

46,838

54,524

58,280

83,759

54,598

50,767

40,893

29,884

27,646

31,650

Commitments and Contingencies (see Note 11)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Stockholders' Equity
Preferred stock, $0.01 par value per share; 10,000,000 shares authorized; none issued and outstanding at December 31, 2014 and 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock, $0.01 par value per share; 250,000,000 authorized; 14,614,890 and 14,083,232 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively.

145

141

133

119

119

86

81

80

227

11

199

162

151

71

1,317

892

281

10

169

165

98

66

991

691

689

685

472

469

441

396

394

270

267

264

260

260

12

Additional paid-in capital

531,587

530,349

527,958

528,030

527,872

518,027

515,367

514,859

465,181

464,870

463,165

460,259

459,403

445,913

440,106

421,876

390,259

387,808

384,279

383,034

355,986

350,196

348,753

334,226

333,568

332,443

309,115

308,111

300,972

292,782

291,667

232,746

230,883

226,508

223,510

221,682

105,128

Accumulated deficit

-467,239

-457,986

-451,171

-442,552

-435,462

-429,326

-422,224

-415,344

-403,852

-401,350

-396,964

-392,811

-382,654

-376,720

-374,431

-364,583

-343,097

-339,492

-331,530

-325,011

-310,641

-303,298

-292,219

-291,281

-274,125

-262,153

-244,824

-228,939

-213,717

-195,347

-197,170

-170,119

-153,942

-134,635

-120,475

-108,170

-85,327

Total stockholders' equity

64,493

72,504

76,920

85,597

92,529

88,787

93,224

99,595

61,556

63,531

66,400

67,610

76,900

69,264

66,992

58,185

47,443

48,326

52,918

58,188

45,443

46,964

57,525

43,636

60,132

70,975

64,763

79,641

87,696

97,831

94,891

62,897

77,208

92,137

103,295

113,772

19,959

Total liabilities and stockholders' equity

84,162

93,359

95,468

103,793

111,463

107,035

111,366

116,030

82,873

88,853

93,886

96,971

104,587

112,324

116,110

109,247

95,512

102,831

100,953

110,047

95,017

98,928

107,481

101,972

100,255

116,355

117,129

126,479

142,220

156,111

-

117,495

127,975

133,030

133,179

141,418

51,609

Convertible 2020 Notes [Member]
2020 Notes (current), net

-

-

13,643

13,386

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2020 Notes (long-term), net

-

-

-

-

12,964

-

-

-

-

13,491

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible 2022 Notes [Member]
2020 Notes (long-term), net

-

-

-

-

-

-

-

-

-

515

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-