Global Clean Energy Holdings, Inc. (GCEH) Financial Statements (2025 and earlier)

Company Profile

Business Address 2790 SKYPARK DRIVE, SUITE 105
TORRANCE, CA 90505
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,9275,7772,95738,98345735
Cash and cash equivalent1,9275,7772,95738,98345735
Receivables1,8417321,375144 10
Inventory, net of allowances, customer advances and progress billings4,5547,3833,5968462327
Inventory4,5547,3833,5968462327
Prepaid expense      
Disposal group, including discontinued operation      218
Other current assets     37
Other undisclosed current assets3,5372,99810,843(17,237)  
Total current assets:11,85916,89018,77122,735480326
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization   3,433  
Operating lease, right-of-use asset3,1585,3324815282
Property, plant and equipment1,270,187648,533353,853138,973 8
Intangible assets, net (including goodwill), including:20,07320,99512,7724,1812,5023,482
Goodwill10,1799,4718,777   
Intangible assets, net (excluding goodwill)9,89411,52412,772  3,482
Other undisclosed intangible assets, net (including goodwill)   (8,777)4,1812,502 
Deposits noncurrent assets  597629628  
Restricted cash and investments  10212,49222,669  
Other noncurrent assets5,029    3
Other undisclosed noncurrent assets  15,61819,33916,8406,342 
Total noncurrent assets:1,298,447691,178402,998183,3438,9263,493
TOTAL ASSETS:1,310,306708,068421,769206,0789,4063,819
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:29,32335,12344,83222,5981,7783,042
Interest and dividends payable 2,0941,735 
Employee-related liabilities  2,0551,380
Accounts payable12,2367,4044,5639,724  
Accrued liabilities17,08727,71840,269   
Other undisclosed accounts payable and accrued liabilities    10,780(2,011)1,661
Debt   4,1981,4531,370
Derivative instruments and hedges, liabilities     24,767 
Other undisclosed current liabilities200,03850,43855,6371,7505,4872,183
Total current liabilities:229,36185,561100,46928,54633,4856,595
Noncurrent Liabilities
Long-term debt and lease obligation1,55012,249321,51416,155  
Long-term debt, excluding current maturities1,55012,249321,23116,155  
Liabilities, other than long-term debt47,46050,63260,40217,763  
Asset retirement obligations18,81918,25517,66117,763  
Deferred income tax liabilities1,4651,2621,624  
Accrued environmental loss contingencies16,07916,01919,489   
Financial instruments subject to mandatory redemption, settlement terms, share value, amount3,59012,00721,629   
Other liabilities6,353     
Operating lease, liability1,1543,090283  
Other undisclosed noncurrent liabilities1,022,580494,189 172,348 455
Total noncurrent liabilities:1,071,590557,070381,917206,266 455
Total liabilities:1,300,951642,631482,386234,81233,4857,050
Temporary equity, including noncontrolling interest 138,53993,645    
Equity
Equity, attributable to parent(149,620)(48,644)(66,086)(28,734)(24,079)(3,230)
Preferred stock    000
Common stock500423420358344341
Treasury stock, value  (16)    
Additional paid in capital111,982122,63351,14237,14031,25930,533
Accumulated other comprehensive income (loss)(411)73   106
Accumulated deficit(261,691)(171,757)(117,648)(66,232)(55,682)(34,211)
Equity, attributable to noncontrolling interest20,43620,4365,469   
Total equity:(129,184)(28,208)(60,617)(28,734)(24,079)(3,230)
TOTAL LIABILITIES AND EQUITY:1,310,306708,068421,769206,0789,4063,819

Income Statement (P&L) ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2015
Revenues4,8392,5912154 538
Revenue, net538
Other income  4133654  
Cost of revenue(5,974)(2,022)(141)   
Cost of product and service sold(700)     
Gross profit:(1,135)569744 538
Operating expenses(94,271)(64,825)(40,774)(11,688)(4,933)(2,146)
Other undisclosed operating loss    (4)  
Operating loss:(95,406)(64,255)(40,700)(11,688)(4,933)(1,608)
Nonoperating income (expense)1,592  1,138(6,859)35
Other nonoperating income1,592     
Interest and debt expense(4,216)(7,794)(2,908)(2,832)(439)(335)
Loss from continuing operations before equity method investments, income taxes:(98,030)(72,049)(43,608)(13,383)(12,231)(1,908)
Other undisclosed income (loss) from continuing operations before income taxes8,41717,593(8,929)   
Income (loss) from continuing operations before income taxes:(89,613)(54,457)(52,537)(13,383)(12,231)(1,908)
Income tax expense (benefit)(321)3481,121   
Other undisclosed income from continuing operations      335
Income (loss) from continuing operations:(89,934)(54,109)(51,416)(13,383)(12,231)(1,573)
Loss before gain (loss) on sale of properties:(51,416)(13,383)(12,231)(9,018)
Loss from discontinued operations      (7,445)
Net income (loss):(89,934)(54,109)(51,416)(13,383)(12,231)(9,018)
Other undisclosed net income attributable to parent    2,832439 
Net income (loss) attributable to parent:(89,934)(54,109)(51,416)(10,550)(11,792)(9,018)
Other undisclosed net income available to common stockholders, basic      
Net income (loss) available to common stockholders, diluted:(89,934)(54,109)(51,416)(10,550)(11,792)(9,018)

Comprehensive Income ($ in thousands)

9/30/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2015
Net income (loss):(89,934)(54,109)(51,416)(13,383)(12,231)(9,018)
Other comprehensive income (loss)16(0)    
Other undisclosed comprehensive income    4393,926
Comprehensive income (loss):(89,918)(54,109)(51,416)(13,383)(11,792)(5,092)
Comprehensive income, net of tax, attributable to noncontrolling interest      7,445
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(500)73   (12,522)
Comprehensive income (loss), net of tax, attributable to parent:(90,418)(54,036)(51,416)(13,383)(11,792)(10,169)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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