secwatch.observer — SEC 8-K summary
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Issuer:     AEMETIS, INC (AMTX)
CIK:        0000738214
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001437749-24-024202
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aemetis Q2 2024 revenue up 48% to $66.6M; net loss widens to $29.2M
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- Q2 2024 revenue $66.6M (+48% YoY): California Ethanol $40.1M, India Biodiesel $28.8M, Dairy RNG $1.6M from 89,400 MMBtu.
- Gross loss of $1.8M vs $2.0M profit in Q2 2023; operating loss $13.6M vs $7.8M; net loss $29.2M vs $25.3M.
- Cash fell to $234K at June 30, 2024 from $2.7M at Dec 31, 2023; Q2 capital investments $5.4M.
- Received $10.5M IRA tax credit for Mechanical Vapor Recompression system expected to cut Keyes plant gas usage ~80%.
- Appointed new Managing Director/CEO for India biodiesel subsidiary; pursuing IPO of that subsidiary.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/738214/000143774924024202/0001437749-24-024202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/738214/000143774924024202/amtx20240731_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-024202

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