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 investments | 1,927 | 5,777 | 2,957 | 38,983 | 457 | 35 | |||
| Cash and cash equivalent | 1,927 | 5,777 | 2,957 | 38,983 | 457 | 35 | |||
| Receivables | 1,841 | 732 | 1,375 | 144 | 10 | ||||
| Inventory, net of allowances, customer advances and progress billings | 4,554 | 7,383 | 3,596 | 846 | 23 | 27 | |||
| Inventory | 4,554 | 7,383 | 3,596 | 846 | 23 | 27 | |||
| Prepaid expense | |||||||||
| Disposal group, including discontinued operation | 218 | ||||||||
| Other current assets | 37 | ||||||||
| Other undisclosed current assets | 3,537 | 2,998 | 10,843 | (17,237) | |||||
| Total current assets: | 11,859 | 16,890 | 18,771 | 22,735 | 480 | 326 | |||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | 3,433 | ✕ | |||||||
| Operating lease, right-of-use asset | 3,158 | 5,332 | 481 | 52 | 82 | ✕ | |||
| Property, plant and equipment | 1,270,187 | 648,533 | 353,853 | 138,973 | 8 | ||||
| Intangible assets, net (including goodwill), including: | 20,073 | 20,995 | 12,772 | 4,181 | 2,502 | 3,482 | |||
| Goodwill | 10,179 | 9,471 | 8,777 | ||||||
| Intangible assets, net (excluding goodwill) | 9,894 | 11,524 | 12,772 | 3,482 | |||||
| Other undisclosed intangible assets, net (including goodwill) | (8,777) | 4,181 | 2,502 | ||||||
| Deposits noncurrent assets | 597 | 629 | 628 | ||||||
| Restricted cash and investments | 102 | 12,492 | 22,669 | ||||||
| Other noncurrent assets | 5,029 | 3 | |||||||
| Other undisclosed noncurrent assets | 15,618 | 19,339 | 16,840 | 6,342 | |||||
| Total noncurrent assets: | 1,298,447 | 691,178 | 402,998 | 183,343 | 8,926 | 3,493 | |||
| TOTAL ASSETS: | 1,310,306 | 708,068 | 421,769 | 206,078 | 9,406 | 3,819 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 29,323 | 35,123 | 44,832 | 22,598 | 1,778 | 3,042 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | 2,094 | 1,735 | ||||
| Employee-related liabilities | ✕ | ✕ | ✕ | 2,055 | 1,380 | ||||
| Accounts payable | 12,236 | 7,404 | 4,563 | 9,724 | |||||
| Accrued liabilities | 17,087 | 27,718 | 40,269 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 10,780 | (2,011) | 1,661 | ||||||
| Debt | 4,198 | 1,453 | 1,370 | ||||||
| Derivative instruments and hedges, liabilities | 24,767 | ||||||||
| Other undisclosed current liabilities | 200,038 | 50,438 | 55,637 | 1,750 | 5,487 | 2,183 | |||
| Total current liabilities: | 229,361 | 85,561 | 100,469 | 28,546 | 33,485 | 6,595 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,550 | 12,249 | 321,514 | 16,155 | |||||
| Long-term debt, excluding current maturities | 1,550 | 12,249 | 321,231 | 16,155 | |||||
| Liabilities, other than long-term debt | 47,460 | 50,632 | 60,402 | 17,763 | |||||
| Asset retirement obligations | 18,819 | 18,255 | 17,661 | 17,763 | |||||
| Deferred income tax liabilities | 1,465 | 1,262 | 1,624 | ✕ | |||||
| Accrued environmental loss contingencies | 16,079 | 16,019 | 19,489 | ||||||
| Financial instruments subject to mandatory redemption, settlement terms, share value, amount | 3,590 | 12,007 | 21,629 | ||||||
| Other liabilities | 6,353 | ||||||||
| Operating lease, liability | 1,154 | 3,090 | 283 | ✕ | |||||
| Other undisclosed noncurrent liabilities | 1,022,580 | 494,189 | 172,348 | 455 | |||||
| Total noncurrent liabilities: | 1,071,590 | 557,070 | 381,917 | 206,266 | 455 | ||||
| Total liabilities: | 1,300,951 | 642,631 | 482,386 | 234,812 | 33,485 | 7,050 | |||
| Temporary equity, including noncontrolling interest | 138,539 | 93,645 | |||||||
| Equity | |||||||||
| Equity, attributable to parent | (149,620) | (48,644) | (66,086) | (28,734) | (24,079) | (3,230) | |||
| Preferred stock | 0 | 0 | 0 | ||||||
| Common stock | 500 | 423 | 420 | 358 | 344 | 341 | |||
| Treasury stock, value | (16) | ||||||||
| Additional paid in capital | 111,982 | 122,633 | 51,142 | 37,140 | 31,259 | 30,533 | |||
| 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 interest | 20,436 | 20,436 | 5,469 | ||||||
| Total equity: | (129,184) | (28,208) | (60,617) | (28,734) | (24,079) | (3,230) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,310,306 | 708,068 | 421,769 | 206,078 | 9,406 | 3,819 | |||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 4,839 | 2,591 | 215 | 4 | 538 | |||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 538 | |
| Other income | 413 | 365 | 4 | |||||
| Cost of revenue | (5,974) | (2,022) | (141) | |||||
| Cost of product and service sold | (700) | |||||||
| Gross profit: | (1,135) | 569 | 74 | 4 | 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 income | 1,592 | |||||||
| 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 taxes | 8,417 | 17,593 | (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) | 348 | 1,121 | |||||
| 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 | 2,832 | 439 | ||||||
| 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 | 439 | 3,926 | ||||||
| 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.