$GEVO
Gevo, Inc.

2013 Q3 Form 10-Q Financial Statement

#000156459013000340 Filed on August 14, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2013 Q2 2012 Q2
Revenue $1.130M $1.859M $7.027M
YoY Change 101.79% -73.54% -51.64%
Cost Of Revenue $4.750M $2.696M $8.510M
YoY Change -21.88% -68.32% -37.61%
Gross Profit -$3.620M -$1.757M -$1.483M
YoY Change -34.42% 18.48% -264.78%
Gross Profit Margin -320.35% -94.51% -21.1%
Selling, General & Admin $6.670M $6.279M $9.540M
YoY Change -50.63% -34.18% 32.87%
% of Gross Profit
Research & Development $5.476M $5.828M $4.723M
YoY Change 1.41% 23.4% -11.55%
% of Gross Profit
Depreciation & Amortization $870.0K $840.0K $850.0K
YoY Change -3.33% -1.18% -27.35%
% of Gross Profit
Operating Expenses $5.476M $12.11M $14.26M
YoY Change -71.04% -15.12% 13.83%
Operating Profit -$15.76M -$13.86M -$15.75M
YoY Change -35.48% -11.95% 35.39%
Interest Expense -$150.0K $2.312M -$430.0K
YoY Change -101.21% -637.67% -48.19%
% of Operating Profit
Other Income/Expense, Net -$122.0K -$1.358M
YoY Change
Pretax Income -$15.89M -$15.22M -$16.18M
YoY Change 31.87% -5.93% 29.75%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$15.89M -$15.22M -$16.18M
YoY Change 31.83% -5.92% 29.75%
Net Earnings / Revenue -1405.75% -818.83% -230.25%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.589B -$1.522B -$3.699B
COMMON SHARES
Basic Shares Outstanding 46.94M 44.08M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.70M $40.60M $39.20M
YoY Change -72.16% 3.57% -63.19%
Cash & Equivalents $25.66M $40.59M $38.60M
Short-Term Investments $600.0K
Other Short-Term Assets $1.400M $1.600M $1.200M
YoY Change 0.0% 33.33% -7.69%
Inventory $4.200M $3.431M $2.900M
Prepaid Expenses
Receivables $900.0K $498.0K $1.100M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $32.10M $46.05M $44.30M
YoY Change -67.34% 3.94% -62.01%
LONG-TERM ASSETS
Property, Plant & Equipment $82.70M $77.99M $69.70M
YoY Change 7.68% 11.9% 191.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.300M $1.402M $3.500M
YoY Change -30.3% -59.94% 288.89%
Total Long-Term Assets $85.00M $80.43M $73.20M
YoY Change 6.12% 9.88% 195.16%
TOTAL ASSETS
Total Short-Term Assets $32.10M $46.05M $44.30M
Total Long-Term Assets $85.00M $80.43M $73.20M
Total Assets $117.1M $126.5M $117.5M
YoY Change -34.36% 7.64% -16.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.800M $2.600M $2.500M
YoY Change 387.5% 4.0% -7.41%
Accrued Expenses $9.900M $6.400M $17.70M
YoY Change -10.0% -63.84% 276.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $10.50M $10.10M $12.20M
YoY Change 16.67% -17.21% 542.11%
Total Short-Term Liabilities $29.70M $20.28M $32.79M
YoY Change 37.5% -38.16% 252.62%
LONG-TERM LIABILITIES
Long-Term Debt $22.20M $26.10M $20.30M
YoY Change -51.1% 28.57% 14.04%
Other Long-Term Liabilities $400.0K $413.0K $1.500M
YoY Change -73.33% -72.47% 200.0%
Total Long-Term Liabilities $22.60M $413.0K $21.80M
YoY Change -51.81% -98.11% 19.13%
TOTAL LIABILITIES
Total Short-Term Liabilities $29.70M $20.28M $32.79M
Total Long-Term Liabilities $22.60M $413.0K $21.80M
Total Liabilities $52.40M $46.84M $54.60M
YoY Change -23.5% -14.22% 97.83%
SHAREHOLDERS EQUITY
Retained Earnings -$228.9M
YoY Change
Common Stock $469.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $64.80M $79.64M $62.90M
YoY Change
Total Liabilities & Shareholders Equity $117.1M $126.5M $117.5M
YoY Change -34.36% 7.64% -16.9%

Cashflow Statement

Concept 2013 Q3 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income -$15.89M -$15.22M -$16.18M
YoY Change 31.83% -5.92% 29.75%
Depreciation, Depletion And Amortization $870.0K $840.0K $850.0K
YoY Change -3.33% -1.18% -27.35%
Cash From Operating Activities -$12.53M -$10.18M -$7.530M
YoY Change -45.24% 35.19% -19.21%
INVESTING ACTIVITIES
Capital Expenditures $1.766M $761.0K $26.46M
YoY Change -89.25% -97.12% -1924.62%
Acquisitions
YoY Change
Other Investing Activities $1.900M $0.00 -$600.0K
YoY Change 4650.0% -100.0%
Cash From Investing Activities $130.0K -$760.0K -$27.06M
YoY Change -100.79% -97.19% 1766.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.530M -2.570M -440.0K
YoY Change -102.73% 484.09% -15.38%
NET CHANGE
Cash From Operating Activities -12.53M -10.18M -7.530M
Cash From Investing Activities 130.0K -760.0K -27.06M
Cash From Financing Activities -2.530M -2.570M -440.0K
Net Change In Cash -14.93M -13.51M -35.03M
YoY Change -127.95% -61.43% 210.27%
FREE CASH FLOW
Cash From Operating Activities -$12.53M -$10.18M -$7.530M
Capital Expenditures $1.766M $761.0K $26.46M
Free Cash Flow -$14.30M -$10.94M -$33.99M
YoY Change -63.64% -67.81% 331.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
15445000
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
40588000
CY2012Q4 us-gaap Liabilities Current
LiabilitiesCurrent
16769000
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
8244000
CY2012Q4 us-gaap Assets
Assets
156111000
CY2012Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
512000
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
413000
CY2013Q2 us-gaap Liabilities
Liabilities
46838000
CY2013Q2 us-gaap Secured Long Term Debt
SecuredLongTermDebt
10217000
CY2013Q2 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
15929000
CY2013Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
498000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
97831000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
156111000
CY2012Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
25554000
CY2013Q2 us-gaap Assets Current
AssetsCurrent
46046000
CY2012Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
8513000
CY2013Q2 us-gaap Liabilities Current
LiabilitiesCurrent
20279000
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2013Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39606668
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39606668
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
CY2013Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000
CY2013Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
46912536
CY2013Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1402000
CY2013Q2 us-gaap Secured Debt Current
SecuredDebtCurrent
10063000
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2013Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
46912536
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
79641000
CY2013Q2 us-gaap Assets
Assets
126479000
CY2012Q4 us-gaap Liabilities
Liabilities
58280000
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2013Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
10216000
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
292782000
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-228939000
CY2013Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
126479000
CY2013Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
308111000
CY2013Q2 us-gaap Common Stock Value
CommonStockValue
469000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-195347000
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
396000
CY2013Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
us-gaap Revenue From Grants
RevenueFromGrants
2074000
us-gaap Revenue From Grants
RevenueFromGrants
1991000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10804000
us-gaap Gross Profit
GrossProfit
-1621000
CY2012Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
4723000
CY2013Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
6279000
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
12107000
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
14263000
us-gaap Revenues
Revenues
5402000
us-gaap Revenues
Revenues
21899000
us-gaap Revenues
Revenues
111975000
CY2013Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
2696000
CY2012Q2 us-gaap Cost Of Goods Sold
CostOfGoodsSold
8510000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
4744000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
23520000
CY2013Q2 us-gaap Gross Profit
GrossProfit
-1757000
CY2012Q2 us-gaap Gross Profit
GrossProfit
-1483000
CY2013Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5828000
us-gaap Operating Expenses
OperatingExpenses
24033000
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-13864000
CY2012Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-15746000
CY2013Q2 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
2023000
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
693000
us-gaap Interest And Other Income
InterestAndOtherIncome
19000
CY2012Q2 us-gaap Revenue From Grants
RevenueFromGrants
1377000
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
46937452
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
66744000
CY2012Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
698000
CY2013Q2 us-gaap Inventory Net
InventoryNet
3431000
CY2012Q4 us-gaap Inventory Net
InventoryNet
6659000
CY2013Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1477000
CY2012Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1508000
CY2013Q2 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
52000
CY2012Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
271000
CY2012Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
12000
CY2012Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
856000
CY2012Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
784000
CY2013Q2 us-gaap Revenue From Grants
RevenueFromGrants
950000
CY2013Q2 us-gaap Revenues
Revenues
1859000
CY2012Q2 us-gaap Revenues
Revenues
7027000
us-gaap Cost Of Goods Sold
CostOfGoodsSold
110270000
us-gaap Gross Profit
GrossProfit
-2717000
CY2012Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
9540000
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
43371992
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
8264000
CY2012Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.62
CY2012Q4 us-gaap Assets Current
AssetsCurrent
75880000
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
77994000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
77093000
CY2013Q2 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1037000
CY2012Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1736000
CY2012Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1402000
CY2013Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
739000
CY2013Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
437000
CY2013Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1112000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2038000
us-gaap Other Preferred Stock Dividends And Adjustments
OtherPreferredStockDividendsAndAdjustments
3872000
CY2012Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
26242940
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2976000
us-gaap Share Based Compensation
ShareBasedCompensation
2126000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1694000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-207000
us-gaap Other Noncash Expense
OtherNoncashExpense
864000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-200000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1809000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3228000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-959000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-31000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
40000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2000
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
180000
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
239000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2598000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
368000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8022000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-19187000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-24427000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-176613000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2758000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
34502000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
71445000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
647000
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
700000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24936000
us-gaap Payments To Acquire Restricted Certificates Of Deposit
PaymentsToAcquireRestrictedCertificatesOfDeposit
39000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
1248000
CY2013Q2 us-gaap Interest Expense
InterestExpense
2312000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35484000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-229524000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.80
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.35
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
42191018
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
26299746
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
806000
us-gaap Share Based Compensation
ShareBasedCompensation
5460000
us-gaap Share Based Compensation
ShareBasedCompensation
28651000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2038000
us-gaap Interest And Other Income
InterestAndOtherIncome
875000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6827000
us-gaap Net Income Loss
NetIncomeLoss
-35484000
us-gaap Net Income Loss
NetIncomeLoss
-225652000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1639000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
15299000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-236000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
657000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1501000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-139000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2758000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35149000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-97120000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4141000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1241000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
22837000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
5000000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
41578000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
9000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
664000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
1126000
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-79000
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-154000
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-539000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
316000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
13503000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
176579000
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
86025000
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
42300000
gevo Proceeds From Issuance Of Convertible Promissory Notes With Warrant
ProceedsFromIssuanceOfConvertiblePromissoryNotesWithWarrant
3000000
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
592000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4211000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3953000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
314321000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-26156000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-55623000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
40588000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
94225000
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
38602000
gevo Conversion Of Convertible Notes To Common Stock
ConversionOfConvertibleNotesToCommonStock
12784000
gevo Conversion Of Convertible Notes To Common Stock
ConversionOfConvertibleNotesToCommonStock
12784000
us-gaap Interest Paid
InterestPaid
2389000
us-gaap Interest Paid
InterestPaid
673000
us-gaap Interest Paid
InterestPaid
11847000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
227000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
9886000
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
227000
gevo Issuance Of Common Stock For Services
IssuanceOfCommonStockForServices
483000
gevo Issuance Of Common Stock For Services
IssuanceOfCommonStockForServices
483000
gevo Conversion Of Preferred Stock Warrants To Common Stock Warrants And Reclassification Of Related Liability To Additional Paid In Capital
ConversionOfPreferredStockWarrantsToCommonStockWarrantsAndReclassificationOfRelatedLiabilityToAdditionalPaidInCapital
2063000
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
3043000
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1458000
gevo Issuance Of Preferred Stock To Affiliate In Exchange For Credit Against Future Services
IssuanceOfPreferredStockToAffiliateInExchangeForCreditAgainstFutureServices
1000000
gevo Reclassification Of Deferred Offering Costs To Additional Paid In Capital Upon Initial Public Offering
ReclassificationOfDeferredOfferingCostsToAdditionalPaidInCapitalUponInitialPublicOffering
928000
gevo Reclassification Of Deferred Offering Costs To Additional Paid In Capital Upon Initial Public Offering
ReclassificationOfDeferredOfferingCostsToAdditionalPaidInCapitalUponInitialPublicOffering
4296000
CY2013Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
340000
CY2012Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
648000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
5200000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10098839
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4984957
CY2013Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
330000
CY2012Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
85000
CY2012Q4 gevo Embedded Derivative Fair Value Of Embedded Derivative Liability Gross
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiabilityGross
11000000
CY2013Q2 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
1057000
CY2012Q4 us-gaap Other Inventories Spare Parts
OtherInventoriesSpareParts
1096000
CY2013Q2 gevo Depreciation Expense Included In Cost Of Goods Sold
DepreciationExpenseIncludedInCostOfGoodsSold
600000
CY2012Q2 gevo Depreciation Expense Included In Cost Of Goods Sold
DepreciationExpenseIncludedInCostOfGoodsSold
600000
gevo Depreciation Expense Included In Cost Of Goods Sold
DepreciationExpenseIncludedInCostOfGoodsSold
1100000
gevo Depreciation Expense Included In Cost Of Goods Sold
DepreciationExpenseIncludedInCostOfGoodsSold
1100000
gevo Depreciation Expense Included In Cost Of Goods Sold
DepreciationExpenseIncludedInCostOfGoodsSold
5800000
CY2013Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
92991000
CY2012Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
90395000
CY2013Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
14997000
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
13302000
CY2013Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
58500000
CY2012Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
56100000
CY2013Q2 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
100000
us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
100000
CY2012Q2 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
1000000
us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
1300000
us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
1700000
CY2013Q2 us-gaap Share Price
SharePrice
2.03
CY2012Q4 us-gaap Share Price
SharePrice
1.54
gevo Conversion Rate
ConversionRate
175.6697
CY2012 gevo Conversion Rate
ConversionRate
175.6697
CY2013Q2 gevo Conversion Price
ConversionPrice
5.69
CY2012Q4 gevo Conversion Price
ConversionPrice
5.69
us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2022-07-01
CY2012 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2022-07-01
CY2013Q2 gevo Fair Value Risk Free Interest Rate Of Assumptions
FairValueRiskFreeInterestRateOfAssumptions
0.023
CY2012Q4 gevo Fair Value Risk Free Interest Rate Of Assumptions
FairValueRiskFreeInterestRateOfAssumptions
0.017
CY2013Q2 gevo Fair Value Expected Volatility Rate Assumptions
FairValueExpectedVolatilityRateAssumptions
0.65
CY2012Q4 gevo Fair Value Expected Volatility Rate Assumptions
FairValueExpectedVolatilityRateAssumptions
0.79
CY2013Q2 gevo Estimated Credit Spread
EstimatedCreditSpread
0.33
CY2012Q4 gevo Estimated Credit Spread
EstimatedCreditSpread
0.37
CY2013Q2 gevo Fair Value Of Convertible Notes With Embedded Derivative
FairValueOfConvertibleNotesWithEmbeddedDerivative
17431000
CY2012Q4 gevo Fair Value Of Convertible Notes With Embedded Derivative
FairValueOfConvertibleNotesWithEmbeddedDerivative
26000000
CY2013Q2 gevo Fair Value Of Convertible Notes Without Embedded Derivative
FairValueOfConvertibleNotesWithoutEmbeddedDerivative
11540000
CY2012Q4 gevo Fair Value Of Convertible Notes Without Embedded Derivative
FairValueOfConvertibleNotesWithoutEmbeddedDerivative
15000000
CY2013Q2 gevo Embedded Derivative Fair Value Of Embedded Derivative Liability Gross
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiabilityGross
5891000
CY2012Q3 gevo Percentage Of Convertible Senior Notes Embedded Derivatives
PercentageOfConvertibleSeniorNotesEmbeddedDerivatives
0.075
CY2012Q3 us-gaap Debt Conversion Converted Instrument Expiration Or Due Date Year
DebtConversionConvertedInstrumentExpirationOrDueDateYear
2022
CY2012Q3 us-gaap Debt Instrument Convertible Earliest Date1
DebtInstrumentConvertibleEarliestDate1
2013-01-01
us-gaap Debt Instrument Convertible Earliest Date1
DebtInstrumentConvertibleEarliestDate1
2013-01-01
CY2012Q3 us-gaap Debt Instrument Convertible Latest Date1
DebtInstrumentConvertibleLatestDate1
2017-07-01
us-gaap Debt Instrument Convertible Latest Date1
DebtInstrumentConvertibleLatestDate1
2017-07-01
us-gaap Embedded Derivative Loss On Embedded Derivative
EmbeddedDerivativeLossOnEmbeddedDerivative
4400000
CY2013Q2 gevo Accrued Legal Related Expenses
AccruedLegalRelatedExpenses
2240000
CY2012Q4 gevo Accrued Legal Related Expenses
AccruedLegalRelatedExpenses
2757000
CY2013Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1652000
CY2012Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1109000
CY2013Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
2644000
CY2012Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1211000
CY2013Q2 us-gaap Deferred Revenue
DeferredRevenue
1196000
CY2012Q4 us-gaap Deferred Revenue
DeferredRevenue
1196000
CY2013Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2484000
CY2012Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1971000
CY2011Q3 us-gaap Production Barrels Of Oil Equivalents
ProductionBarrelsOfOilEquivalents
11000
CY2013Q1 us-gaap Production Barrels Of Oil Equivalents
ProductionBarrelsOfOilEquivalents
3650
CY2013Q2 us-gaap Production Barrels Of Oil Equivalents
ProductionBarrelsOfOilEquivalents
12500
CY2011Q3 gevo Commercialization Agreement End Date
CommercializationAgreementEndDate
2018-11-15
CY2013Q2 gevo Refund Amount As Component Of Other Long Term Liabilities
RefundAmountAsComponentOfOtherLongTermLiabilities
1000000
gevo Equity Ownership Of Wholly Owned Subsidiary
EquityOwnershipOfWhollyOwnedSubsidiary
1.00
CY2013Q2 gevo Number Of Membership Interests Outstanding
NumberOfMembershipInterestsOutstanding
2
us-gaap Subsidiary Or Equity Method Investee Cumulative Proceeds Received On All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativeProceedsReceivedOnAllTransactions
1100000
CY2013Q2 us-gaap Common Stock Shares Subscribed But Unissued
CommonStockSharesSubscribedButUnissued
858000
CY2013Q2 us-gaap Fair Value Assumptions Exercise Price
FairValueAssumptionsExercisePrice
2.70
gevo Warrant Expiry Period
WarrantExpiryPeriod
2016-09
CY2013Q2 us-gaap Secured Debt
SecuredDebt
21456000
CY2012Q4 us-gaap Secured Debt
SecuredDebt
25598000
CY2013Q2 gevo Unamortized Debt Discount
UnamortizedDebtDiscount
1176000
CY2012Q4 gevo Unamortized Debt Discount
UnamortizedDebtDiscount
1640000
CY2013Q2 us-gaap Long Term Debt
LongTermDebt
20280000
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
23958000
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-2307000
gevo Write Off Of Debt Discount Upon Conversion Of Debt
WriteOffOfDebtDiscountUponConversionOfDebt
11277000
gevo Conversion Of Convertible Debt
ConversionOfConvertibleDebt
22516000
CY2013Q2 gevo Outstanding Loan And Security Agreement
OutstandingLoanAndSecurityAgreement
32500000
CY2013Q2 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.075
CY2013Q2 gevo Amortization Of Debt Issuance Costs
AmortizationOfDebtIssuanceCosts
700000
gevo Amortization Of Debt Issuance Costs
AmortizationOfDebtIssuanceCosts
2300000
CY2013Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
600000
us-gaap Interest And Debt Expense
InterestAndDebtExpense
1300000
gevo Long Term Debt Interest Rate
LongTermDebtInterestRate
0.40
gevo Period Of Amortization Of Debt Discount
PeriodOfAmortizationOfDebtDiscount
P5Y
gevo Debt Issuance Costs Amortization Period
DebtIssuanceCostsAmortizationPeriod
P5Y
gevo Discount Rate Used In Computation Of Interest Payment
DiscountRateUsedInComputationOfInterestPayment
0.02
gevo Valuation Rate Of Shares For Conversion
ValuationRateOfSharesForConversion
0.90
gevo Number Of Trading Days For Valuation
NumberOfTradingDaysForValuation
P10D
CY2013Q2 gevo Convertible Notes Value Converted To Common Stock
ConvertibleNotesValueConvertedToCommonStock
18100000
gevo Debt Instrument Reduced Carrying Value
DebtInstrumentReducedCarryingValue
26900000
gevo Percentage Of Principal Amount And Accrued And Unpaid Interest For Repurchase Of Debt
PercentageOfPrincipalAmountAndAccruedAndUnpaidInterestForRepurchaseOfDebt
1.00
gevo Number Of Trading Days Required For Redemption
NumberOfTradingDaysRequiredForRedemption
20 or more trading days
gevo Number Of Consecutive Trading Days Required For Redemption
NumberOfConsecutiveTradingDaysRequiredForRedemption
P30D
gevo Minimum Percentage Of Debt Holding For Immediate Payment In Case Of Default
MinimumPercentageOfDebtHoldingForImmediatePaymentInCaseOfDefault
0.25
CY2012Q3 us-gaap Production Barrels Of Oil Equivalents
ProductionBarrelsOfOilEquivalents
45000
gevo Percentage Of Warrant Shares Vested
PercentageOfWarrantSharesVested
0.50
us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
14000000
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1039000
CY2012Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1341000
CY2012Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
231000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
964000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2644000
CY2013Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1039000
CY2012Q2 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
1572000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2126000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
6424000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
31295000
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
6137383
CY2013Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
845000
CY2012Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
851000
CY2013Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
761000
CY2012Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
26457000

Files In Submission

Name View Source Status
0001564590-13-000340-index-headers.html Edgar Link pending
0001564590-13-000340-index.html Edgar Link pending
0001564590-13-000340.txt Edgar Link pending
0001564590-13-000340-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
gevo-10q_20130630.htm Edgar Link pending
gevo-20130630.xml Edgar Link completed
gevo-20130630.xsd Edgar Link pending
gevo-20130630_cal.xml Edgar Link unprocessable
gevo-20130630_def.xml Edgar Link unprocessable
gevo-20130630_lab.xml Edgar Link unprocessable
gevo-20130630_pre.xml Edgar Link unprocessable
gevo-ex31_20130629137.htm Edgar Link pending
gevo-ex31_20130629138.htm Edgar Link pending
gevo-ex32_20130629139.htm Edgar Link pending
gevo-ex4_20130629260.htm Edgar Link pending
R1.htm Edgar Link pending
R1.xml Edgar Link unprocessable
R10.htm Edgar Link pending
R10.xml Edgar Link unprocessable
R11.htm Edgar Link pending
R11.xml Edgar Link unprocessable
R12.htm Edgar Link pending
R12.xml Edgar Link unprocessable
R13.htm Edgar Link pending
R13.xml Edgar Link unprocessable
R14.htm Edgar Link pending
R14.xml Edgar Link unprocessable
R15.htm Edgar Link pending
R15.xml Edgar Link unprocessable
R16.htm Edgar Link pending
R16.xml Edgar Link unprocessable
R17.htm Edgar Link pending
R17.xml Edgar Link unprocessable
R18.htm Edgar Link pending
R18.xml Edgar Link unprocessable
R19.htm Edgar Link pending
R19.xml Edgar Link unprocessable
R2.htm Edgar Link pending
R2.xml Edgar Link unprocessable
R20.htm Edgar Link pending
R20.xml Edgar Link unprocessable
R21.htm Edgar Link pending
R21.xml Edgar Link unprocessable
R22.htm Edgar Link pending
R22.xml Edgar Link unprocessable
R23.htm Edgar Link pending
R23.xml Edgar Link unprocessable
R24.htm Edgar Link pending
R24.xml Edgar Link unprocessable
R25.htm Edgar Link pending
R25.xml Edgar Link unprocessable
R26.htm Edgar Link pending
R26.xml Edgar Link unprocessable
R27.htm Edgar Link pending
R27.xml Edgar Link unprocessable
R28.htm Edgar Link pending
R28.xml Edgar Link unprocessable
R29.htm Edgar Link pending
R29.xml Edgar Link unprocessable
R3.htm Edgar Link pending
R3.xml Edgar Link unprocessable
R30.htm Edgar Link pending
R30.xml Edgar Link unprocessable
R31.htm Edgar Link pending
R31.xml Edgar Link unprocessable
R32.htm Edgar Link pending
R32.xml Edgar Link unprocessable
R33.htm Edgar Link pending
R33.xml Edgar Link unprocessable
R34.htm Edgar Link pending
R34.xml Edgar Link unprocessable
R35.htm Edgar Link pending
R35.xml Edgar Link unprocessable
R36.htm Edgar Link pending
R36.xml Edgar Link unprocessable
R37.htm Edgar Link pending
R37.xml Edgar Link unprocessable
R38.htm Edgar Link pending
R38.xml Edgar Link unprocessable
R39.htm Edgar Link pending
R39.xml Edgar Link unprocessable
R4.htm Edgar Link pending
R4.xml Edgar Link unprocessable
R40.htm Edgar Link pending
R40.xml Edgar Link unprocessable
R41.htm Edgar Link pending
R41.xml Edgar Link unprocessable
R42.htm Edgar Link pending
R42.xml Edgar Link unprocessable
R43.htm Edgar Link pending
R43.xml Edgar Link unprocessable
R44.htm Edgar Link pending
R44.xml Edgar Link unprocessable
R45.htm Edgar Link pending
R45.xml Edgar Link unprocessable
R46.htm Edgar Link pending
R46.xml Edgar Link unprocessable
R47.htm Edgar Link pending
R47.xml Edgar Link unprocessable
R48.htm Edgar Link pending
R48.xml Edgar Link unprocessable
R49.htm Edgar Link pending
R49.xml Edgar Link unprocessable
R5.htm Edgar Link pending
R5.xml Edgar Link unprocessable
R50.htm Edgar Link pending
R50.xml Edgar Link unprocessable
R51.htm Edgar Link pending
R51.xml Edgar Link unprocessable
R52.htm Edgar Link pending
R52.xml Edgar Link unprocessable
R53.htm Edgar Link pending
R53.xml Edgar Link unprocessable
R54.htm Edgar Link pending
R54.xml Edgar Link unprocessable
R55.htm Edgar Link pending
R55.xml Edgar Link unprocessable
R6.htm Edgar Link pending
R6.xml Edgar Link unprocessable
R7.htm Edgar Link pending
R7.xml Edgar Link unprocessable
R8.htm Edgar Link pending
R8.xml Edgar Link unprocessable
R9.htm Edgar Link pending
R9.xml Edgar Link unprocessable
report.css Edgar Link pending
Show.js Edgar Link pending