---
schema_version: "secwatch.filing_event.v1"
accession: "0001392380-23-000029"
form_type: "8-K"
ticker: "GEVO"
cik: "0001392380"
company_name: "Gevo, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T06:06:07.939657+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gevo Q1 rev $4.1M; net loss $0.07/sh; signs TAA with ADM/P66 for up to $125M payments

## Summary
- Revenue $4.1M vs $0.2M in Q1 2022; loss from operations $20.9M; cash EBITDA loss $11.6M.
- Entered Technology Access Agreement with ADM & Phillips 66; up to $125M in milestone and royalty payments.
- Joint development agreement with LG Chem for bio-propylene using Gevo's Ethanol-to-Olefins technology.
- NZ1 installed cost forecast ~$850M; DOE loan guarantee application submitted; financial close expected in 2024.
- Cash, equivalents, restricted cash and marketable securities $452.9M at March 31, 2023.

## SEC filing metadata
- accession: 0001392380-23-000029
- form_type: 8-K
- ticker: GEVO
- cik: 0001392380
- company_name: Gevo, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1392380/000139238023000029/0001392380-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1392380/000139238023000029/noticker-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001392380-23-000029
- JSON: https://secwatch.observer/filing/0001392380-23-000029.json
- Plain text: https://secwatch.observer/filing/0001392380-23-000029.txt

## Key facts
- Earnings Releases
  Gevo, Inc. reported the first quarter of 2023 results: revenue $4.1 million, EPS $0.07.
  - Period: the first quarter of 2023
  - Revenue: $4.1 million
  - EPS: $0.07
  - Result: reported results
  source text: • Ended the quarter with cash, cash equivalents, restricted cash and marketable securities of $452.9 million compared to $482.8 million as of the end of Q4 2022. • Revenue of $4.1 million for the quarter primarily consists of renewable natural gas ("RNG") and environmental attribute sales from Gevo's RNG project, as well as some miscellaneous isooctane sales and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000139238023000029/0001392380-23-000029-index.htm
- Material Agreements
  Gevo, Inc. entered into Technology Access Agreement with Phillips 66 Company and Archer-Daniels-Midland Company (effective 2023-05-05).
  - Action: entry
  - Agreement: collaboration
  - Counterparty: Phillips 66 Company and Archer-Daniels-Midland Company
  - Effective: 2023-05-05
  source text: In connection with the Side Agreement, and as consideration for Gevo to share Axens’ technology with, P66 and ADM in the Modified Territory, Gevo, P66 and ADM entered into a Technology Access Agreement, dated as of May 5, 2023 (the “TAA”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000139238023000029/0001392380-23-000029-index.htm
- Material Agreements
  Gevo, Inc. amended Side Agreement with Axens North America, Inc. (effective 2023-05-05).
  - Action: amendment
  - Agreement: collaboration
  - Counterparty: Axens North America, Inc.
  - Effective: 2023-05-05
  source text: (“Gevo”) entered into a Side Agreement (“Side Agreement”) with Axens North America, Inc. (“Axens”) in connection with a Master Framework Agreement for Ethanol to Jet Collaboration (“MFA”), dated September 22, 2021 pursuant to which Axens agreed to exclusively provide for a period beginning on the effective date of the contract and ending on December 22, 2023 (the “Initial Term”) certain engineering, license rights, catalyst supply, technical assistance and proprietary reactor for use in certain processes (collectively, “Services”) in the conversion of ethanol to hydrocarbons fuels via dehydration, oligomerization, and saturation in the Exclusive Field (as defined in the MFA) and the Exclusive Territory (as defined in the MFA) for the purpose of the production of renewable hydrocarbons, including gasoline, diesel, and jet fuel in exchange for payment by Gevo of an annual exclusivity fee a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1392380/000139238023000029/0001392380-23-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.