v3.26.1
Segments (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Three Months Ended June 30, 2026
(in thousands)GevoGevoFuelsGevoRNGGevoNDConsolidated
Revenues$1,526 $— $4,447 $40,528 $46,501 
Less:
Depreciation and amortization923 — 1,057 4,804 6,784 
Research and development expense440 — — — 440 
Project development costs1,724 457 — 222 2,403 
Impairment of long-lived assets1,382 134,406 — — 135,788 
Other expenses14,267 39,782 2,207 16,536 72,792 
Income (loss) from operations(17,210)(174,645)1,183 18,966 (171,706)
Interest expense— — (2,330)(3,301)(5,631)
Interest and investment income, net of other expense1,137 (20)(49)1,076 
Consolidated net income (loss)$(16,073)$(174,637)$(1,167)$15,616 $(176,261)
Acquisitions of property, plant, and equipment$4,660 $369 $179 $7,286 $12,494 
Goodwill as of June 30, 2026$3,790 $— $— $39,768 $43,558 
Total assets as of June 30, 2026$114,239 $46,040 $81,570 $248,865 $490,714 
Three Months Ended June 30, 2025
(in thousands)GevoGevoFuelsGevoRNGGevoNDConsolidated
Revenues$1,952 $— $4,282 $37,179 $43,413 
Less:
Depreciation and amortization779 — 1,374 5,060 7,213 
Research and development expense934 — — — 934 
Project development costs417 376 — 38 831 
Other expenses12,188 — 1,452 14,999 28,639 
Income (loss) from operations(12,366)(376)1,456 17,082 5,796 
Interest expense(183)— (850)(3,312)(4,345)
Interest and investment income, net of other expense1,205 — — 117 1,322 
Consolidated net income (loss)$(11,326)$(376)$586 $13,845 $2,729 
Acquisitions of property, plant, and equipment$2,460 $9,587 $870 $396 $13,313 
Goodwill as of December 31, 2025$3,790 $— $— $39,768 $43,558 
Total assets as of December 31, 2025$124,198 $235,034 $88,876 $270,821 $718,929 
Six Months Ended June 30, 2026
(in thousands)GevoGevoFuelsGevoRNGGevoNDConsolidated
Revenues$1,888 $— $9,004 $78,557 $89,449 
Less:
Depreciation and amortization1,825 — 2,005 9,814 13,644 
Research and development expense1,939 — — — 1,939 
Project development costs4,080 1,141 — 222 5,443 
Impairment of long-lived assets1,382 134,406 — — 135,788 
Other expenses26,694 39,782 4,853 37,910 109,239 
Income (loss) from operations(34,032)(175,329)2,146 30,611 (176,604)
Interest expense(21)— (4,347)(6,433)(10,801)
Loss on extinguishment of bonds— — (10,304)— (10,304)
Interest and investment income, net of other expense787 (468)(76)(146)97 
Consolidated net income (loss)$(33,266)$(175,797)$(12,581)$24,032 $(197,612)
Acquisitions of property, plant, and equipment$10,407 $1,070 $241 $9,651 $21,369 
Goodwill as of June 30, 2026$3,790 $— $— $39,768 $43,558 
Total assets as of June 30, 2026$114,239 $46,040 $81,570 $248,865 $490,714 
Six Months Ended June 30, 2025
(in thousands)GevoGevoFuelsGevoRNGGevoNDConsolidated
Revenues$2,576 $— $9,953 $59,993 $72,522 
Less:
Depreciation and amortization1,526 — 2,777 8,532 12,835 
Research and development expense1,986 — — — 1,986 
Project development costs4,694 1,100 — 39 5,833 
Other expenses27,720 — 5,251 33,240 66,211 
Income (loss) from operations(33,350)(1,100)1,925 18,182 (14,343)
Interest expense(374)— (1,754)(5,511)(7,639)
Interest and investment income, net of other expense2,967 — — 125 3,092 
Consolidated net income (loss)$(30,833)$(1,100)$151 $12,738 $(19,044)
Acquisitions of property, plant, and equipment$2,731 $14,810 $1,210 $396 $19,147 
Goodwill as of December 31, 2025$3,790 $— $— $39,768 $43,558 
Total assets as of December 31, 2025$124,198 $235,034 $88,876 $270,821 $718,929