Intangible Assets and Goodwill (Tables)
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6 Months Ended |
Jun. 30, 2026 |
| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Identifiable Intangible Assets with Finite Lives |
The following tables set forth the Company’s intangible assets by classification (in thousands) as of: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Gross Carrying Amount | | Accumulated Amortization | | Identifiable Intangible Assets, net | | Weighted- Average Remaining Useful Life (Years) | | Patents | $ | 5,393 | | | $ | (2,776) | | | $ | 2,617 | | | 9.9 | | Defensive assets | 4,900 | | | (2,801) | | | 2,099 | | | 3.6 | | Developed technology | 1,300 | | | (477) | | | 823 | | | 3.2 | | Customer-related intangible assets | 46,300 | | | (16,398) | | | 29,902 | | | 3.1 | | | | | | | | | | Intangible assets with finite lives | 57,893 | | | (22,452) | | | 35,441 | | | 3.4 | | Other intangible assets: | | | | | | | | | CFPC intangible assets | 36,151 | | | — | | | 36,151 | | | | | Total intangible assets | $ | 94,044 | | | $ | (22,452) | | | $ | 71,592 | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Identifiable Intangible Assets, Net | | Weighted- Average Remaining Useful Life (Years) | | Patents | $ | 4,280 | | | $ | (2,485) | | | $ | 1,795 | | | 3.1 | | Defensive assets | 4,900 | | | (2,508) | | | 2,392 | | | 4.1 | | Developed technology | 1,300 | | | (347) | | | 953 | | | 3.7 | | Customer-related intangible assets | 47,800 | | | (10,735) | | | 37,065 | | | 3.5 | | Trade name | 100 | | | (33) | | | 67 | | | 2.7 | | Intangible assets with finite lives | 58,380 | | | (16,108) | | | 42,272 | | | 3.5 | | Other intangible assets: | | | | | | | | | CFPC intangible assets | 52,731 | | | — | | | 52,731 | | | | | Total intangible assets | $ | 111,111 | | | $ | (16,108) | | | $ | 95,003 | | | |
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| Schedule of Intangible Assets with Indefinite Lives |
The following tables set forth the Company’s intangible assets by classification (in thousands) as of: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | Gross Carrying Amount | | Accumulated Amortization | | Identifiable Intangible Assets, net | | Weighted- Average Remaining Useful Life (Years) | | Patents | $ | 5,393 | | | $ | (2,776) | | | $ | 2,617 | | | 9.9 | | Defensive assets | 4,900 | | | (2,801) | | | 2,099 | | | 3.6 | | Developed technology | 1,300 | | | (477) | | | 823 | | | 3.2 | | Customer-related intangible assets | 46,300 | | | (16,398) | | | 29,902 | | | 3.1 | | | | | | | | | | Intangible assets with finite lives | 57,893 | | | (22,452) | | | 35,441 | | | 3.4 | | Other intangible assets: | | | | | | | | | CFPC intangible assets | 36,151 | | | — | | | 36,151 | | | | | Total intangible assets | $ | 94,044 | | | $ | (22,452) | | | $ | 71,592 | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Gross Carrying Amount | | Accumulated Amortization | | Identifiable Intangible Assets, Net | | Weighted- Average Remaining Useful Life (Years) | | Patents | $ | 4,280 | | | $ | (2,485) | | | $ | 1,795 | | | 3.1 | | Defensive assets | 4,900 | | | (2,508) | | | 2,392 | | | 4.1 | | Developed technology | 1,300 | | | (347) | | | 953 | | | 3.7 | | Customer-related intangible assets | 47,800 | | | (10,735) | | | 37,065 | | | 3.5 | | Trade name | 100 | | | (33) | | | 67 | | | 2.7 | | Intangible assets with finite lives | 58,380 | | | (16,108) | | | 42,272 | | | 3.5 | | Other intangible assets: | | | | | | | | | CFPC intangible assets | 52,731 | | | — | | | 52,731 | | | | | Total intangible assets | $ | 111,111 | | | $ | (16,108) | | | $ | 95,003 | | | |
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| Schedule of Estimated Amortization of Identifiable Intangible Assets |
The following table details the estimated amortization of identifiable intangible assets with finite lives as of June 30, 2026 (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Patents | | Defensive Assets | | Developed Technology | | Customer Related | | | | Total | | 2026 (remaining) | $ | 319 | | | $ | 293 | | | $ | 130 | | | $ | 5,787 | | | | | $ | 6,529 | | | 2027 | 638 | | | 586 | | | 260 | | | 11,575 | | | | | 13,059 | | | 2028 | 638 | | | 586 | | | 260 | | | 11,575 | | | | | 13,059 | | | 2029 | 104 | | | 586 | | | 173 | | | 965 | | | | | 1,828 | | | 2030 | 56 | | | 48 | | | — | | | — | | | | | 104 | | | 2031 and thereafter | 862 | | | — | | | — | | | — | | | | | 862 | | | Total intangible assets | $ | 2,617 | | | $ | 2,099 | | | $ | 823 | | | $ | 29,902 | | | | | $ | 35,441 | |
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| Schedule of carrying amount of goodwill |
The following table sets forth the changes in the carrying amount of goodwill (in thousands) for the periods presented: | | | | | | | | | | | | | | | | | | | | | | Six Months Ended June 30, 2026 | | Year Ended December 31, 2025 | | | Goodwill, beginning of period: | | | | | | Gevo | $ | 3,790 | | | $ | 3,740 | | | | GevoND | 39,768 | | | — | | | | Total | 43,558 | | | 3,740 | | | | Acquisitions: | | | | | | Gevo | — | | | — | | | | GevoND | — | | | 37,815 | | | | Total | — | | | 37,815 | | | | | | | | | | | | | | | | | | | | | | | | Balance adjustments (post-acquisition working capital adjustments): | | | | | | Gevo | — | | | 50 | | | | GevoND | — | | | 1,953 | | | | Total | — | | | 2,003 | | | | Goodwill, end of period: | | | | | | Gevo | 3,790 | | | 3,790 | | | | GevoND | 39,768 | | | 39,768 | | | | Total | $ | 43,558 | | | $ | 43,558 | | |
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