2024 Q2 Form 10-K Financial Statement

#000162828024016428 Filed on April 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $1.994M $1.397M $4.839M
YoY Change 760.41% 194.71% 86.76%
Cost Of Revenue $2.566M $1.443M $5.974M
YoY Change 2371.85% 158.62% 195.5%
Gross Profit -$572.0K -$45.37K -$1.135M
YoY Change -547.08% -45.81% -299.34%
Gross Profit Margin -28.69% -3.25% -23.46%
Selling, General & Admin $17.75M $26.93M $64.74M
YoY Change 35.87% 105.31% 50.4%
% of Gross Profit
Research & Development $1.600M
YoY Change
% of Gross Profit
Depreciation & Amortization $400.0K $612.0K $2.062M
YoY Change 36.57% 56.33% 127.21%
% of Gross Profit
Operating Expenses $26.47M $32.21M $94.27M
YoY Change 23.76% 48.2% 45.42%
Operating Profit -$27.04M -$32.25M -$95.41M
YoY Change 27.2% 47.84% 48.48%
Interest Expense -$1.476M -$1.033M -$4.216M
YoY Change -212.93% 17.04% -210.33%
% of Operating Profit
Other Income/Expense, Net $597.0K $3.256M $10.01M
YoY Change -612.91% 2.25% -23.46%
Pretax Income $134.4M -$30.03M -$89.61M
YoY Change -756.46% 53.89% 64.56%
Income Tax $0.00 -$48.97K $321.0K
% Of Pretax Income 0.0%
Net Earnings $134.4M -$29.98M -$89.93M
YoY Change -757.12% 55.86% 66.21%
Net Earnings / Revenue 6737.96% -2145.27% -1858.52%
Basic Earnings Per Share $5.10 -$1.97
Diluted Earnings Per Share $2.87 -$0.59 -$1.97
COMMON SHARES
Basic Shares Outstanding 50.18M shares 49.98M 45.68M shares
Diluted Shares Outstanding 89.24M shares 45.68M shares

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.899M $1.927M $1.927M
YoY Change -14.21% -66.64% -66.64%
Cash & Equivalents $8.509M $3.736M
Short-Term Investments
Other Short-Term Assets $546.0K $3.537M $3.537M
YoY Change -86.61% 17.97% 17.97%
Inventory $18.86M $4.554M $4.554M
Prepaid Expenses
Receivables $1.962M $1.841M $1.841M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $31.05M $11.86M $11.86M
YoY Change 150.28% -29.79% -29.79%
LONG-TERM ASSETS
Property, Plant & Equipment $1.445B $1.273B $1.273B
YoY Change 103.55% 96.34% 94.74%
Goodwill $10.03M $10.18M
YoY Change 5.09% 7.48%
Intangibles $9.361M $9.894M
YoY Change -14.14%
Long-Term Investments
YoY Change
Other Assets $12.54M $5.029M $5.029M
YoY Change 871.27% 618.94% 618.94%
Total Long-Term Assets $1.479B $1.298B $1.298B
YoY Change 96.76% 87.86% 87.86%
TOTAL ASSETS
Total Short-Term Assets $31.05M $11.86M $11.86M
Total Long-Term Assets $1.479B $1.298B $1.298B
Total Assets $1.510B $1.310B $1.310B
YoY Change 97.62% 85.05% 85.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $25.84M $12.24M $12.24M
YoY Change 164.91% 65.26% 65.26%
Accrued Expenses $19.92M $15.82M $15.82M
YoY Change -42.23% -42.93% -46.58%
Deferred Revenue $0.00 $1.250M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due $499.4M $198.2M $198.2M
YoY Change 1692.21% 1581.06% 1581.06%
Total Short-Term Liabilities $682.4M $229.4M $229.4M
YoY Change 557.96% 168.07% 168.07%
LONG-TERM LIABILITIES
Long-Term Debt $1.573M $421.9M $421.9M
YoY Change 946.82% 3344.44% 2.03%
Other Long-Term Liabilities $106.0K $648.2M $648.2M
YoY Change -99.93% 355.47% 355.47%
Total Long-Term Liabilities $1.679M $1.070B $1.070B
YoY Change 1017.36% 8636.6% 92.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $682.4M $229.4M $229.4M
Total Long-Term Liabilities $1.679M $1.070B $1.070B
Total Liabilities $1.422B $1.321B $1.321B
YoY Change 96.37% 105.62% 99.28%
SHAREHOLDERS EQUITY
Retained Earnings -$19.60M -$261.7M
YoY Change -90.96% 52.37%
Common Stock $500.0K $500.0K
YoY Change 17.92% 18.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $83.04M -$11.08M -$11.08M
YoY Change
Total Liabilities & Shareholders Equity $1.510B $1.310B $1.310B
YoY Change 97.62% 85.05% 85.05%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $134.4M -$29.98M -$89.93M
YoY Change -757.12% 55.86% 66.21%
Depreciation, Depletion And Amortization $400.0K $612.0K $2.062M
YoY Change 36.57% 56.33% 127.21%
Cash From Operating Activities -$40.78M -$32.43M -$80.34M
YoY Change 110.54% 147.51% 52.68%
INVESTING ACTIVITIES
Capital Expenditures $17.32M $10.47M $53.52M
YoY Change 64.17% -30.74% -63.14%
Acquisitions
YoY Change
Other Investing Activities $105.0K $1.286M $2.406M
YoY Change
Cash From Investing Activities -$17.22M -$9.186M -$51.12M
YoY Change 63.17% -39.24% -64.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.000K
YoY Change -43.52%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 62.69M 40.39M 128.0M
YoY Change 106.2% 40.03% -29.61%
NET CHANGE
Cash From Operating Activities -40.78M -32.43M -80.34M
Cash From Investing Activities -17.22M -9.186M -51.12M
Cash From Financing Activities 62.69M 40.39M 128.0M
Net Change In Cash 4.694M -1.225M -3.405M
YoY Change 874.36% -297.15% -78.66%
FREE CASH FLOW
Cash From Operating Activities -$40.78M -$32.43M -$80.34M
Capital Expenditures $17.32M $10.47M $53.52M
Free Cash Flow -$58.11M -$42.90M -$133.9M
YoY Change 94.19% 52.01% -32.33%

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CY2023 us-gaap Nature Of Operations
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<div style="margin-top:12pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">NOTE A - ORGANIZATION AND BASIS OF PRESENTATION </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:700;line-height:120%;text-decoration:underline">Description of Business</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%">Throughout this Annual 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="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%">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 Bakersfield, California Renewable Fuels Facility and employs various personnel throughout the Company; (iv) Agribody Technologies, Inc., (“AT”), 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 and (vi) Global Clean Renewable Argentina S.R.L., (“GCRA”), a limited liability company in Argentina that conducts operations in Argentina. We also own several foreign inactive subsidiaries. </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%">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, the Company owns the world’s largest portfolio of patented Camelina genetics, and we contract directly with farmers in North and South America to grow our proprietary Camelina crop on fallow land.</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:700;line-height:120%;text-decoration:underline">Basis of Presentation and Principles of Consolidation</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%">The accompanying consolidated financial statements of the Company have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”). References to the “ASC” hereafter refer to the Accounting Standards Codification established by the Financial Accounting Standards Board (“FASB”) as the source of authoritative U.S. GAAP. All intercompany accounts and transactions have been eliminated in consolidation. </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%">Certain reclassifications have been made within the consolidated financial statements for the prior period to conform with current presentation.</span></div>
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CY2021Q2 gceh Term Purchase Agreement Period Of Extended
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CY2023 gceh Percentage Of Products Retained
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1
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CY2022Q4 gceh Percentage Of Valuation Allowance On Deferred Tax Assets
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1
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CY2023 gceh Number Of Model Iterations
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CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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100000 usd
CY2023 us-gaap Use Of Estimates
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<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:115%;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 and (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. It is reasonably possible that the significant estimates used will change within the next year.</span></div>
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2228000 usd
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1112000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
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CY2022Q4 us-gaap Property Plant And Equipment Net
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217200000 usd
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90000 usd
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90000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
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14952000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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5148000 usd
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15824000 usd
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4390000 usd
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1100000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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1300000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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958000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
859000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
843000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
795000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
788000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
5561000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9804000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
9471000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
8777000 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 usd
CY2022 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1547000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-708000 usd
CY2022 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
854000 usd
CY2023Q4 us-gaap Goodwill
Goodwill
10179000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
9471000 usd
CY2023Q4 gceh Senior Credit Facility
SeniorCreditFacility
640492000 usd
CY2022Q4 gceh Senior Credit Facility
SeniorCreditFacility
436126000 usd
CY2023Q4 gceh Fixed Payment Obligation Net Of Discount
FixedPaymentObligationNetOfDiscount
26400000 usd
CY2022Q4 gceh Fixed Payment Obligation Net Of Discount
FixedPaymentObligationNetOfDiscount
22785000 usd
CY2023Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
3816000 usd
CY2022Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
2441000 usd
CY2023Q4 gceh Notes Payable Gross
NotesPayableGross
670708000 usd
CY2022Q4 gceh Notes Payable Gross
NotesPayableGross
461352000 usd
CY2023Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
199192000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
11792000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
49615000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
36072000 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
421901000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
413488000 usd
CY2023Q4 gceh Convertible Note Payable To Executive Officer
ConvertibleNotePayableToExecutiveOfficer
0 usd
CY2022Q4 gceh Convertible Note Payable To Executive Officer
ConvertibleNotePayableToExecutiveOfficer
1000000 usd
CY2023Q4 us-gaap Debt Current
DebtCurrent
421901000 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
414488000 usd
CY2023Q4 gceh Notes Payable Including Current Portion Of Long Term Debt
NotesPayableIncludingCurrentPortionOfLongTermDebt
199192000 usd
CY2022Q4 gceh Notes Payable Including Current Portion Of Long Term Debt
NotesPayableIncludingCurrentPortionOfLongTermDebt
11792000 usd
CY2023Q4 gceh Current Portion Of Unamortized Debt Issuance Costs
CurrentPortionOfUnamortizedDebtIssuanceCosts
960000 usd
CY2022Q4 gceh Current Portion Of Unamortized Debt Issuance Costs
CurrentPortionOfUnamortizedDebtIssuanceCosts
0 usd
CY2023Q4 gceh Notes Payable Including Current Portion Of Long Term Debt Net
NotesPayableIncludingCurrentPortionOfLongTermDebtNet
198232000 usd
CY2022Q4 gceh Notes Payable Including Current Portion Of Long Term Debt Net
NotesPayableIncludingCurrentPortionOfLongTermDebtNet
11792000 usd
CY2023Q1 us-gaap Contractual Obligation
ContractualObligation
1200000 usd
CY2023Q4 us-gaap Contractual Obligation
ContractualObligation
30800000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
26400000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
22800000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
199192000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
471347000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
8000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
132000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
670708000 usd
CY2022Q3 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
16500000 usd
CY2023Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
3600000 usd
CY2022Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Fair Value Of Shares
SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares
12000000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6503000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
6377000 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
2209000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4745000 usd
CY2023Q4 gceh Accrued Construction Costs Current
AccruedConstructionCostsCurrent
0 usd
CY2022Q4 gceh Accrued Construction Costs Current
AccruedConstructionCostsCurrent
4552000 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
314000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
4841000 usd
CY2023Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
3073000 usd
CY2022Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
2849000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
3738000 usd
CY2022Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
4354000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1250000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
0 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
17087000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
27718000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
21104000 usd
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
20191000 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
245000 usd
CY2023 gceh Asset Retirement Obligation Disbursements
AssetRetirementObligationDisbursements
10000 usd
CY2022 gceh Asset Retirement Obligation Disbursements
AssetRetirementObligationDisbursements
263000 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
798000 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
931000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
21892000 usd
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
21104000 usd
CY2023Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
3100000 usd
CY2022Q4 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
2800000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
18800000 usd
CY2022Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
18300000 usd
CY2022Q1 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
145000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12550122 shares
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
803978 shares
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
3.00
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2491203 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.72
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1155099 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
1.82
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
150137 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
1.61
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1989945 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
3.00
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
2883625 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.49
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
2013644 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
1.11
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
756323 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
1.61
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2103603 shares
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
4.36
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.004
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.010
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2023 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
118000 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
0 usd
CY2023 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
118000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
203000 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-348000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 usd
CY2023 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
203000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-348000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
321000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-348000 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.06
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.07
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.27
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.27
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.01
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
70455000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
34885000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
710000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
727000 usd
CY2023Q4 gceh Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Vacation
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedVacation
346000 usd
CY2022Q4 gceh Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Vacation
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedVacation
149000 usd
CY2023Q4 gceh Deferred Tax Assets Accrued Payroll
DeferredTaxAssetsAccruedPayroll
1817000 usd
CY2022Q4 gceh Deferred Tax Assets Accrued Payroll
DeferredTaxAssetsAccruedPayroll
877000 usd
CY2023Q4 gceh Deferred Tax Assets Accrued Interest
DeferredTaxAssetsAccruedInterest
3894000 usd
CY2022Q4 gceh Deferred Tax Assets Accrued Interest
DeferredTaxAssetsAccruedInterest
447000 usd
CY2023Q4 gceh Deferred Tax Assets Right Of Use Liability
DeferredTaxAssetsRightOfUseLiability
425000 usd
CY2022Q4 gceh Deferred Tax Assets Right Of Use Liability
DeferredTaxAssetsRightOfUseLiability
1027000 usd
CY2023Q4 gceh Deferred Tax Assets Contingent Liabilities
DeferredTaxAssetsContingentLiabilities
104253000 usd
CY2022Q4 gceh Deferred Tax Assets Contingent Liabilities
DeferredTaxAssetsContingentLiabilities
0 usd
CY2023Q4 gceh Deferred Tax Assets Fair Value Of Units
DeferredTaxAssetsFairValueOfUnits
378000 usd
CY2022Q4 gceh Deferred Tax Assets Fair Value Of Units
DeferredTaxAssetsFairValueOfUnits
0 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
182278000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
38112000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
59971000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
34905000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
122307000 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3207000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
17230000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
0 usd
CY2023Q4 gceh Deferred Tax Liabilities State Taxes
DeferredTaxLiabilitiesStateTaxes
2000 usd
CY2022Q4 gceh Deferred Tax Liabilities State Taxes
DeferredTaxLiabilitiesStateTaxes
0 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
104386000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
243000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1776000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1901000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
377000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
1093000 usd
CY2023Q4 gceh Deferred Tax Liabilities Fair Value Of Warrants
DeferredTaxLiabilitiesFairValueOfWarrants
0 usd
CY2022Q4 gceh Deferred Tax Liabilities Fair Value Of Warrants
DeferredTaxLiabilitiesFairValueOfWarrants
274000 usd
CY2023Q4 gceh Deferred Tax Liabilities Fair Value Of Units
DeferredTaxLiabilitiesFairValueOfUnits
0 usd
CY2022Q4 gceh Deferred Tax Liabilities Fair Value Of Units
DeferredTaxLiabilitiesFairValueOfUnits
958000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
123771000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
4469000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1464000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1262000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
0 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
94000 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”)
CY2023Q4 gceh Number Of Monthly Installment
NumberOfMonthlyInstallment
30 installmentpayment
CY2023Q4 gceh Agreement Period Extend Up To
AgreementPeriodExtendUpTo
P10Y
CY2023Q4 gceh Epc Deferred Payment Noncurrent
EpcDeferredPaymentNoncurrent
602200000 usd
CY2023Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
19800000 usd
CY2022Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
20400000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3158000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5332000 usd
CY2023Q4 gceh Lease Right Of Use Asset
LeaseRightOfUseAsset
3158000 usd
CY2022Q4 gceh Lease Right Of Use Asset
LeaseRightOfUseAsset
5332000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1806000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1897000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1154000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3090000 usd
CY2023Q4 gceh Lease Liability
LeaseLiability
2960000 usd
CY2022Q4 gceh Lease Liability
LeaseLiability
4987000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
1912000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
875000 usd
CY2023 gceh Short Term And Variable Lease Cost
ShortTermAndVariableLeaseCost
181000 usd
CY2022 gceh Short Term And Variable Lease Cost
ShortTermAndVariableLeaseCost
39000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
0 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
368000 usd
CY2023 us-gaap Lease Cost
LeaseCost
2093000 usd
CY2022 us-gaap Lease Cost
LeaseCost
1376000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y9M18D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0532
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0461
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1713000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1130000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
253000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
33000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3130000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
170000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2960000 usd
CY2019Q2 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
6700000 usd
CY2023 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
900000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
700000 usd

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