2024 Q3 Form 10-Q Financial Statement

#000074879024000006 Filed on August 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $535.0K $1.994M
YoY Change -71.49% 760.41%
Cost Of Revenue $11.50M $2.566M
YoY Change 287.73% 2371.85%
Gross Profit -$10.96M -$572.0K
YoY Change 907.42% -547.08%
Gross Profit Margin -2048.6% -28.69%
Selling, General & Admin $17.75M
YoY Change 35.87%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.800M $400.0K
YoY Change 14806.3% 36.57%
% of Gross Profit
Operating Expenses $39.59M $26.47M
YoY Change 110.89% 23.76%
Operating Profit -$50.55M -$27.04M
YoY Change 154.52% 27.2%
Interest Expense -$1.476M
YoY Change -212.93%
% of Operating Profit
Other Income/Expense, Net $223.0K $597.0K
YoY Change -3050.13% -612.91%
Pretax Income -$76.04M $134.4M
YoY Change 428.97% -756.46%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$76.04M $134.4M
YoY Change 411.51% -757.12%
Net Earnings / Revenue -14212.9% 6737.96%
Basic Earnings Per Share -$1.52 $5.10
Diluted Earnings Per Share -$1.52 $2.87
COMMON SHARES
Basic Shares Outstanding 50.18M shares 50.18M shares
Diluted Shares Outstanding 50.18M shares 89.24M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.899M
YoY Change -14.21%
Cash & Equivalents $1.949M $8.509M
Short-Term Investments
Other Short-Term Assets $801.0K $546.0K
YoY Change -82.59% -86.61%
Inventory $31.34M $18.86M
Prepaid Expenses
Receivables $1.913M $1.962M
Other Receivables $0.00
Total Short-Term Assets $36.68M $31.05M
YoY Change 161.9% 150.28%
LONG-TERM ASSETS
Property, Plant & Equipment $1.523B $1.445B
YoY Change 102.39% 103.55%
Goodwill $10.22M $10.03M
YoY Change 2.52% 5.09%
Intangibles $9.197M $9.361M
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.54M $12.54M
YoY Change 270.7% 871.27%
Total Long-Term Assets $1.561B $1.479B
YoY Change 96.02% 96.76%
TOTAL ASSETS
Total Short-Term Assets $36.68M $31.05M
Total Long-Term Assets $1.561B $1.479B
Total Assets $1.598B $1.510B
YoY Change 97.16% 97.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.25M $25.84M
YoY Change -15.99% 164.91%
Accrued Expenses $29.52M $19.92M
YoY Change -25.13% -42.23%
Deferred Revenue $0.00 $0.00
YoY Change -100.0%
Short-Term Debt $0.00
YoY Change -100.0%
Long-Term Debt Due $499.4M
YoY Change 1692.21%
Total Short-Term Liabilities $842.3M $682.4M
YoY Change 190.57% 557.96%
LONG-TERM LIABILITIES
Long-Term Debt $1.607M $1.573M
YoY Change 971.33% 946.82%
Other Long-Term Liabilities $9.282M $106.0K
YoY Change 938.77% -99.93%
Total Long-Term Liabilities $10.89M $1.679M
YoY Change 943.45% 1017.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $842.3M $682.4M
Total Long-Term Liabilities $10.89M $1.679M
Total Liabilities $1.585B $1.422B
YoY Change 103.04% 96.37%
SHAREHOLDERS EQUITY
Retained Earnings -$95.70M -$19.60M
YoY Change -58.7% -90.96%
Common Stock $500.0K $500.0K
YoY Change 0.04% 17.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.783M $83.04M
YoY Change
Total Liabilities & Shareholders Equity $1.598B $1.510B
YoY Change 97.16% 97.62%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$76.04M $134.4M
YoY Change 411.51% -757.12%
Depreciation, Depletion And Amortization $9.800M $400.0K
YoY Change 14806.3% 36.57%
Cash From Operating Activities -$40.78M
YoY Change 110.54%
INVESTING ACTIVITIES
Capital Expenditures $17.32M
YoY Change 64.17%
Acquisitions
YoY Change
Other Investing Activities $105.0K
YoY Change
Cash From Investing Activities -$17.22M
YoY Change 63.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 62.69M
YoY Change 106.2%
NET CHANGE
Cash From Operating Activities -40.78M
Cash From Investing Activities -17.22M
Cash From Financing Activities 62.69M
Net Change In Cash 4.694M
YoY Change 874.36%
FREE CASH FLOW
Cash From Operating Activities -$40.78M
Capital Expenditures $17.32M
Free Cash Flow -$58.11M
YoY Change 94.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21000 usd
us-gaap Inventory Write Down
InventoryWriteDown
1200000 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
700000 usd
CY2024Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
159601000 usd
CY2023Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
420351000 usd
CY2024Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
20360000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
18819000 usd
CY2024Q2 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
18321000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
16079000 usd
CY2024Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1491000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
1465000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1300951000 usd
CY2024Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
0 usd
CY2023Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
138539000 usd
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q2 us-gaap Common Stock Value
CommonStockValue
500000 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
500000 usd
CY2024Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
102880000 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
111982000 usd
CY2024Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-722000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-411000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-19618000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-261691000 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
83040000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-149620000 usd
CY2024Q2 us-gaap Minority Interest
MinorityInterest
5469000 usd
CY2023Q4 us-gaap Minority Interest
MinorityInterest
20436000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
88509000 usd
CY2024Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1510234000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1310306000 usd
CY2024Q2 us-gaap Revenues
Revenues
1994000 usd
CY2023Q2 us-gaap Revenues
Revenues
232000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
106000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6353000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
1421725000 usd
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
50182233 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
50182233 shares
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-129184000 usd
CY2024Q2 us-gaap Cost Of Revenue
CostOfRevenue
2566000 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
104000 usd
CY2024Q2 us-gaap Gross Profit
GrossProfit
-572000 usd
CY2023Q2 us-gaap Gross Profit
GrossProfit
128000 usd
CY2024Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17754000 usd
CY2023Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13067000 usd
CY2024Q2 gceh Facilities Expense
FacilitiesExpense
8034000 usd
CY2023Q2 gceh Facilities Expense
FacilitiesExpense
7750000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
416000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
293000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
266000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
278000 usd
CY2024Q2 us-gaap Operating Expenses
OperatingExpenses
26470000 usd
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
21388000 usd
CY2024Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-27042000 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-21260000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
1476000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
1308000 usd
CY2024Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
163566000 usd
CY2023Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2024Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
597000 usd
CY2023Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-116000 usd
CY2024Q2 gceh Change In Fair Value Of Class B Units
ChangeInFairValueOfClassBUnits
1290000 usd
CY2023Q2 gceh Change In Fair Value Of Class B Units
ChangeInFairValueOfClassBUnits
-2217000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
134355000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-20467000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
134355000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-20446000 usd
CY2024Q2 gceh Accretion Of Dividends On Preferred Stock
AccretionOfDividendsOnPreferredStock
14318000 usd
CY2023Q2 gceh Accretion Of Dividends On Preferred Stock
AccretionOfDividendsOnPreferredStock
11853000 usd
CY2024Q2 gceh Preferred Shares Cancelled Upon Settlement
PreferredSharesCancelledUponSettlement
130542000 usd
CY2023Q2 gceh Preferred Shares Cancelled Upon Settlement
PreferredSharesCancelledUponSettlement
0 usd
CY2024Q2 gceh Deemed Contribution In Connection With Cancellation Of Preferred Stock To Senior Lenders
DeemedContributionInConnectionWithCancellationOfPreferredStockToSeniorLenders
5130000 usd
CY2023Q2 gceh Deemed Contribution In Connection With Cancellation Of Preferred Stock To Senior Lenders
DeemedContributionInConnectionWithCancellationOfPreferredStockToSeniorLenders
0 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
255709000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-32299000 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
5.10
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.76
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.87
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.76
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
50182233 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42353899 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
89239840 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42353899 shares
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
134355000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-20446000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-108000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-25000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
134247000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-20471000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-28208000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
613000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5000 usd
CY2023Q1 us-gaap Increase In Carrying Amount Of Redeemable Preferred Stock
IncreaseInCarryingAmountOfRedeemablePreferredStock
8879000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
8607000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
11000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-24643000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-52494000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
736000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5000 usd
CY2023Q2 us-gaap Increase In Carrying Amount Of Redeemable Preferred Stock
IncreaseInCarryingAmountOfRedeemablePreferredStock
11853000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
9882000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-25000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-20446000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-74195000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-129184000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
536000 usd
CY2024Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2000 usd
CY2024Q1 us-gaap Increase In Carrying Amount Of Redeemable Preferred Stock
IncreaseInCarryingAmountOfRedeemablePreferredStock
13781000 usd
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
7392000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-203000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-27954000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-163192000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
576000 usd
CY2024Q2 gceh Adjustments To Additional Paid In Capital Warrant Settled
AdjustmentsToAdditionalPaidInCapitalWarrantSettled
-1866000 usd
CY2024Q2 gceh Adjustments To Additional Paid In Capital Warrant Settled In Subsidiary
AdjustmentsToAdditionalPaidInCapitalWarrantSettledInSubsidiary
-3023000 usd
CY2024Q2 us-gaap Increase In Carrying Amount Of Redeemable Preferred Stock
IncreaseInCarryingAmountOfRedeemablePreferredStock
14318000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
413000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-108000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
134355000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
88509000 usd
us-gaap Net Income Loss
NetIncomeLoss
106401000 usd
us-gaap Net Income Loss
NetIncomeLoss
-45089000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1112000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1349000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1233000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1177000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
243000 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
399000 usd
gceh Change In Fair Value Of Units
ChangeInFairValueOfUnits
-1650000 usd
gceh Change In Fair Value Of Units
ChangeInFairValueOfUnits
407000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
163566000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2655000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2290000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
100000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
122000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8773000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2004000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
0 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1683000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
7408000 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
4000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5830000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
484000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
4998000 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1636000 usd
us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
0 usd
us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-10000 usd
gceh Increase Decrease In Environmental Liabilities
IncreaseDecreaseInEnvironmentalLiabilities
332000 usd
gceh Increase Decrease In Environmental Liabilities
IncreaseDecreaseInEnvironmentalLiabilities
298000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
90000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-37000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-67649000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-38093000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
37000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
19000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24158000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17799000 usd
gceh Proceeds From Government Grant
ProceedsFromGovernmentGrant
136000 usd
gceh Proceeds From Government Grant
ProceedsFromGovernmentGrant
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24059000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17818000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2000 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9000 usd
gceh Payment For Settlement And Cancellation Of Warrants And Preferred Shares
PaymentForSettlementAndCancellationOfWarrantsAndPreferredShares
18000000 usd
gceh Payment For Settlement And Cancellation Of Warrants And Preferred Shares
PaymentForSettlementAndCancellationOfWarrantsAndPreferredShares
0 usd
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-1341000 usd
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-3821000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
1668000 usd
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
5184000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
114253000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
51000000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
96582000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
52372000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-101000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4773000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3539000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3736000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7464000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8509000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3925000 usd
CY2024Q2 us-gaap Cash
Cash
1899000 usd
CY2023Q2 us-gaap Cash
Cash
2213000 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
6610000 usd
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
1023000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
0 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
689000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8509000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3925000 usd
us-gaap Interest Paid Net
InterestPaidNet
50000 usd
us-gaap Interest Paid Net
InterestPaidNet
86000 usd
gceh Debt Discount Related To Warrants Issued To Senior Lenders
DebtDiscountRelatedToWarrantsIssuedToSeniorLenders
7805000 usd
gceh Debt Discount Related To Warrants Issued To Senior Lenders
DebtDiscountRelatedToWarrantsIssuedToSeniorLenders
18489000 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
53094000 usd
us-gaap Paid In Kind Interest
PaidInKindInterest
34829000 usd
gceh Amounts Included In Epc Deferred Payment Accrued
AmountsIncludedInEpcDeferredPaymentAccrued
39957000 usd
gceh Amounts Included In Epc Deferred Payment Accrued
AmountsIncludedInEpcDeferredPaymentAccrued
0 usd
gceh Amounts Included In Accounts Payable
AmountsIncludedInAccountsPayable
14702000 usd
gceh Amounts Included In Accounts Payable
AmountsIncludedInAccountsPayable
4523000 usd
gceh Capitalized Interest Included In Property Plant And Equipment
CapitalizedInterestIncludedInPropertyPlantAndEquipment
100560000 usd
gceh Capitalized Interest Included In Property Plant And Equipment
CapitalizedInterestIncludedInPropertyPlantAndEquipment
45229000 usd
gceh Settlement And Cancellation Of Warrants And Preferred Shares
SettlementAndCancellationOfWarrantsAndPreferredShares
125653000 usd
gceh Settlement And Cancellation Of Warrants And Preferred Shares
SettlementAndCancellationOfWarrantsAndPreferredShares
0 usd
gceh Exchange Of Preferred Shares And Deemed Contribution For Issuance Of Loans Under Senior Credit Agreement
ExchangeOfPreferredSharesAndDeemedContributionForIssuanceOfLoansUnderSeniorCreditAgreement
17855000 usd
gceh Exchange Of Preferred Shares And Deemed Contribution For Issuance Of Loans Under Senior Credit Agreement
ExchangeOfPreferredSharesAndDeemedContributionForIssuanceOfLoansUnderSeniorCreditAgreement
0 usd
us-gaap Nature Of Operations
NatureOfOperations
<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE 1 - ORGANIZATION AND DESCRIPTION OF BUSINESS</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Throughout this Quarterly Report, the terms “we,” “us,” “our,” “our company,” and “the Company” collectively refer to Global Clean Energy Holdings, Inc. and its wholly-owned subsidiaries. References to “GCEH” refer only to Global Clean Energy Holdings, Inc.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Organization</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">GCEH is a Delaware corporation. GCEH currently operates through various wholly-owned U.S. and foreign subsidiaries. The principal subsidiaries include: (i) Sustainable Oils, Inc., (“SusOils”), a Delaware corporation that conducts feedstock breeding, owns proprietary rights to various camelina varieties and operates our camelina business; (ii) GCE Holdings Acquisitions, LLC and its five Delaware limited liability company subsidiaries that were formed to finance and own, directly or indirectly, Bakersfield Renewable Fuels, LLC (“BKRF”), a Delaware limited liability company that owns our Bakersfield Renewable Fuels Facility (“Facility”); (iii) GCE Operating Company, LLC, a Delaware limited liability company that operates our Facility, and employs various personnel throughout the Company; (iv) Agribody Technologies, Inc., (“ATI”), a Delaware corporation that owns and oversees aspects of our plant science programs; (v) Camelina Company España, S.L.U., (“CCE”), a Spanish private limited company that develops proprietary camelina varieties and leads our business expansion opportunities in Europe and South America; (vi) Global Clean Renewable Argentina S.R.L., (“GCRA”), a limited liability company in Argentina that conducts operations in Argentina; and (vii) Global Clean Renewable Brazil LTDA, (“Brazil”), a limited liability company in Brazil that conducts operations in Brazil. We also own several foreign inactive subsidiaries.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Description of Business</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">GCEH is a vertically integrated renewable fuels innovator producing ultra-low carbon renewable fuels from patented nonfood camelina varieties. Our farm-to-fuel business model is designed to allow greater efficiencies throughout the value chain, lowering our finished fuels’ carbon intensity and streamlining our operations at every step. Our patented camelina varieties are purposefully bred to increase yield, quicken maturity, and increase tolerance to drought and pests. Today, GCEH owns the world’s largest portfolio of patented camelina genetics, and we contract directly with farmers around the globe to grow our proprietary camelina crop on fallow land. Once our Facility becomes commercially operational, we expect the majority of our revenues will be generated from the sale of renewable diesel along with the sale of co-products for renewable propane, naphtha and butane.</span></div>
us-gaap Operating Income Loss
OperatingIncomeLoss
-53500000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
106400000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-19600000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
163600000 usd
CY2024Q2 gceh Working Capital
WorkingCapital
651300000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
88500000 usd
CY2024Q2 gceh Epc Deferred Payment
EPCDeferredPayment
670300000 usd
CY2024Q1 us-gaap Contractual Obligation
ContractualObligation
30800000 usd
CY2024Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
400000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
600000 usd
CY2023 gceh Number Of Model Iterations
NumberOfModelIterations
100000 model
gceh Number Of Model Iterations
NumberOfModelIterations
100000 model
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Estimates</span></div><div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Management uses estimates and assumptions in preparing financial statements. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and reported revenues and expenses. Significant estimates used in preparing these financial statements include (a) valuation of common stock, warrants, and stock options, (b) estimated useful lives of equipment and intangible assets, (c) long-lived asset impairment, (d) the estimated costs to remediate or clean-up the Facility site, and the inflation rate, credit-adjusted risk-free rate and timing of payments to calculate the asset retirement obligations, (e) the estimated costs to remediate or clean-up identified environmental liabilities, (f) estimated contingent liabilities, (g) the estimated future cash flows, which are adjusted for current market conditions and various operational revisions, and the various metrics required to establish a reasonable estimate of the value of the Class B Units issued to certain of the Company’s senior lenders under the Senior Credit Agreement and (h) the estimated future cash flows, which are adjusted for current market conditions and various operational revisions, and the various metrics required to establish a reasonable estimate of the fair value of the debt extinguishment related to the Senior Credit Agreement . It is reasonably possible that the significant estimates used will change within the next year.</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Income/Loss per Common Share</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Income/Loss per share amounts are computed by dividing income or loss applicable to the common stockholders of the Company by the weighted-average number of common shares outstanding during each period. Diluted income or loss per share amounts are computed assuming the issuance of common stock for potentially dilutive common stock equivalents. The number of dilutive warrants and options is computed using the treasury stock method, whereby the dilutive effect is reduced by the number of treasury shares the Company could purchase with the proceeds from exercises of warrants and options.</span></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following tables present instruments that were potentially dilutive for the three and six months ended June 30, 2024 and 2023 that were excluded from diluted earnings per share as they would have been anti-dilutive:</span></div><div style="margin-top:10pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:36.475%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.051%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.051%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.051%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.406%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.054%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:100%">(in thousands)</span></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Three Months Ended June 30,</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Six Months Ended June 30,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2024</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2023</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2024</span></td><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">2023</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Convertible notes and accrued interest</span></td><td colspan="2" style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,582 </span></td><td style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">— </span></td><td style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td colspan="2" style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">7,582 </span></td><td style="background-color:#cceeff;border-top:0.75pt solid #000000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:justify;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Stock options and warrants</span></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">55,789 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">73,324 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">57,278 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">68,111 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div><div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">During the three and six months ended June 30, 2024 and 2023, a certain company held a purchase option to obtain a 33.33% ownership of GCE Holdings Acquisitions, LLC. This option was anti-dilutive for the three and six months ended June 30, 2024 and 2023, as such, is was excluded from the diluted earnings per share. During the three and six months ended June 30, 2023, a certain company held a purchase option to obtain a 33.33% ownership in SusOils. This option was anti-dilutive for the three and six months ended June 30, 2023, as such, it was excluded from the diluted earnings per share. The purchase option to obtain 33.33% ownership of SusOils was eliminated along with the EM Settlement Agreement.</span></div>
CY2024Q2 us-gaap Prepaid Insurance
PrepaidInsurance
1180000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1367000 usd
CY2024Q2 us-gaap Other Assets Current
OtherAssetsCurrent
546000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
361000 usd
CY2024Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1726000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1728000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2751000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2228000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1444993000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1270187000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
400000 usd
CY2023Q2 us-gaap Depreciation
Depreciation
300000 usd
us-gaap Depreciation
Depreciation
800000 usd
us-gaap Depreciation
Depreciation
600000 usd
CY2024Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
54200000 usd
CY2023Q2 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
23600000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
100600000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
45200000 usd
CY2024Q2 gceh Senior Credit Facility
SeniorCreditFacility
836082000 usd
CY2023Q4 gceh Senior Credit Facility
SeniorCreditFacility
640492000 usd
CY2024Q2 gceh Fixed Payment Obligation Net Of Discount
FixedPaymentObligationNetOfDiscount
30750000 usd
CY2023Q4 gceh Fixed Payment Obligation Net Of Discount
FixedPaymentObligationNetOfDiscount
26400000 usd
CY2024Q2 gceh Revolving Credit Facility
RevolvingCreditFacility
0 usd
CY2023Q4 gceh Revolving Credit Facility
RevolvingCreditFacility
0 usd
CY2024Q2 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
4180000 usd
CY2023Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
3816000 usd
CY2024Q2 gceh Notes Payable Gross
NotesPayableGross
871012000 usd
CY2023Q4 gceh Notes Payable Gross
NotesPayableGross
670708000 usd
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
499438000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
199192000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
210399000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
49615000 usd
CY2024Q2 us-gaap Debt Current
DebtCurrent
161175000 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
421901000 usd
CY2024Q2 gceh Notes Payable Including Current Portion Of Long Term Debt
NotesPayableIncludingCurrentPortionOfLongTermDebt
499438000 usd
CY2023Q4 gceh Notes Payable Including Current Portion Of Long Term Debt
NotesPayableIncludingCurrentPortionOfLongTermDebt
199192000 usd
CY2024Q2 gceh Current Portion Of Unamortized Debt Issuance Costs
CurrentPortionOfUnamortizedDebtIssuanceCosts
2655000 usd
CY2023Q4 gceh Current Portion Of Unamortized Debt Issuance Costs
CurrentPortionOfUnamortizedDebtIssuanceCosts
960000 usd
CY2024Q2 gceh Notes Payable Including Current Portion Of Long Term Debt Net
NotesPayableIncludingCurrentPortionOfLongTermDebtNet
496783000 usd
CY2023Q4 gceh Notes Payable Including Current Portion Of Long Term Debt Net
NotesPayableIncludingCurrentPortionOfLongTermDebtNet
198232000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
163600000 usd
CY2024Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
163600000 usd
CY2024Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
48900000 usd
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
212500000 usd
CY2024Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
30800000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
499418000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
371386000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
30000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
14000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
10000 usd
CY2024Q2 gceh Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
154000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
871012000 usd
gceh Debt Issuance Costs
DebtIssuanceCosts
16500000 usd
CY2024Q2 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
5200000 usd
CY2023Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
3600000 usd
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6303000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6503000 usd
CY2024Q2 us-gaap Interest Payable Current
InterestPayableCurrent
2328000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2209000 usd
CY2024Q2 gceh Accrued Construction Cost Current
AccruedConstructionCostCurrent
1705000 usd
CY2023Q4 gceh Accrued Construction Cost Current
AccruedConstructionCostCurrent
0 usd
CY2024Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
1775000 usd
CY2023Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
3073000 usd
CY2024Q2 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
1164000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
3738000 usd
CY2024Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
0 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1250000 usd
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
6643000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
314000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
19918000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17087000 usd
CY2024Q2 gceh Project Management Service Provider Deferred Payments Noncurrent
ProjectManagementServiceProviderDeferredPaymentsNoncurrent
0 usd
CY2023Q4 gceh Project Management Service Provider Deferred Payments Noncurrent
ProjectManagementServiceProviderDeferredPaymentsNoncurrent
5318000 usd
CY2024Q2 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
106000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1035000 usd
CY2024Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
106000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
6353000 usd
CY2024Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2023Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.001
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.003
CY2023Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2024Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 usd
CY2023Q2 gceh Government Assistance Statement Of Income Or Comprehensive Income Extensible Enumeration Not Disclosed Flag
GovernmentAssistanceStatementOfIncomeOrComprehensiveIncomeExtensibleEnumerationNotDisclosedFlag
U.S. Department of Agriculture (“USDA”) and the Natural Resources Conservation Service (“NRCS”)
CY2024Q2 gceh Term Purchase Agreement Term
TermPurchaseAgreementTerm
P36M
CY2024Q2 gceh Term Purchase Agreement Term Of Contract
TermPurchaseAgreementTermOfContract
P12M
CY2024Q2 gceh Term Purchase Agreement Period Of Extended
TermPurchaseAgreementPeriodOfExtended
P60M
CY2023Q4 gceh Number Of Monthly Installment
NumberOfMonthlyInstallment
30 installmentpayment
CY2023Q4 gceh Agreement Period Extend Up To
AgreementPeriodExtendUpTo
P10Y
CY2023Q4 gceh Epc Deferred Payment
EPCDeferredPayment
602229000 usd
CY2022Q4 gceh Epc Deferred Payment
EPCDeferredPayment
126615000 usd
gceh Addition Of Epc Deferred Payments
AdditionOfEPCDeferredPayments
41628000 usd
CY2023 gceh Addition Of Epc Deferred Payments
AdditionOfEPCDeferredPayments
448813000 usd
gceh Interest On Epc Deferred Payments
InterestOnEPCDeferredPayments
26490000 usd
CY2023 gceh Interest On Epc Deferred Payments
InterestOnEPCDeferredPayments
26801000 usd
CY2024Q2 gceh Epc Deferred Payment
EPCDeferredPayment
670347000 usd
CY2023Q4 gceh Epc Deferred Payment
EPCDeferredPayment
602229000 usd
CY2024Q2 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
18300000 usd
CY2019Q2 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
6700000 usd
CY2024Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
0 usd

Files In Submission

Name View Source Status
0000748790-24-000006-index-headers.html Edgar Link pending
0000748790-24-000006-index.html Edgar Link pending
0000748790-24-000006.txt Edgar Link pending
0000748790-24-000006-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
gceh-20240630.htm Edgar Link pending
gceh-20240630.xsd Edgar Link pending
gceh-20240630xex311.htm Edgar Link pending
gceh-20240630xex312.htm Edgar Link pending
gceh-20240630xex321.htm Edgar Link pending
gceh-20240630xex322.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
gceh-20240630_lab.xml Edgar Link unprocessable
gceh-20240630_pre.xml Edgar Link unprocessable
gceh-20240630_htm.xml Edgar Link completed
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
gceh-20240630_def.xml Edgar Link unprocessable
gceh-20240630_cal.xml Edgar Link unprocessable