Gevo, Inc. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	72.6	189.39	298.35	237.13	40.83	78.34
Short-Term Investments	-	-	-	167.41	275.34	-
Cash & Short-Term Investments	72.6	189.39	298.35	404.53	316.17	78.34
Cash Growth	-67.48%	-36.52%	-26.25%	27.95%	303.60%	380.54%
Accounts Receivable	7.74	2.41	2.62	0.48	0.98	0.53
Other Receivables	0.16	0.73	1.33	0.51	1.53	-
Receivables	7.9	3.14	3.95	0.99	2.51	0.53
Inventory	21.91	4.5	3.81	6.35	2.75	2.49
Prepaid Expenses	2.66	2.62	1.67	2.01	2.08	1.91
Restricted Cash	28.77	1.49	77.25	1.03	25.03	-
Other Current Assets	2.87	2.57	1.36	0.51	-	-
Total Current Assets	136.71	203.71	386.38	415.42	348.54	83.27
Property, Plant & Equipment	346.37	224.58	213.1	186.72	140.39	66.72
Long-Term Investments	1.5	1.5	1.5	1.5	65.9	-
Goodwill	43.56	3.74	-	-	-	-
Other Intangible Assets	79.56	8.13	6.52	7.69	8.94	0.11
Other Long-Term Assets	77.51	142.28	42.82	89.41	81.61	2
Total Assets	685.21	583.94	650.32	700.75	645.38	152.1
Accounts Payable	3.19	0.54	2.72	5.01	4.83	0.9
Accrued Expenses	36.86	21.47	20.03	19.75	23.32	3.05
Current Portion of Long-Term Debt	30.28	0.02	68.1	0.16	0.16	0.81
Current Portion of Leases	1.33	2.33	0.58	0.52	0.78	0.18
Total Current Liabilities	71.66	24.36	91.43	25.44	29.09	4.93
Long-Term Debt	134.19	67.11	0.02	67.38	66.8	0.45
Long-Term Leases	1.95	1.15	1.49	1.63	2.14	0.16
Other Long-Term Liabilities	2.58	1.83	-	0.82	0.09	0.18
Total Liabilities	210.38	94.45	92.93	95.27	98.13	5.72
Common Stock	2.42	2.39	2.41	2.37	2.02	1.28
Additional Paid-In Capital	1,294	1,287	1,277	1,260	1,103	643.27
Retained Earnings	-827.81	-800.24	-721.6	-655.38	-557.38	-498.17
Comprehensive Income & Other	-	-	-	-1.04	-0.61	-
Shareholders' Equity	474.83	489.49	557.39	605.48	547.26	146.38
Total Liabilities & Equity	685.21	583.94	650.32	700.75	645.38	152.1
Total Debt	167.75	70.62	70.18	69.69	69.89	1.6
Net Cash (Debt)	-95.16	118.77	228.17	334.84	310.68	76.74
Net Cash Growth	-	-47.95%	-31.86%	7.78%	304.85%	4542.47%
Net Cash Per Share	-0.42	0.51	0.96	1.51	1.59	1.35
Filing Date Shares Outstanding	235.86	232.02	234.34	231.91	195.11	193.47
Total Common Shares Outstanding	235.68	231.59	234.34	231.91	195.11	123.44
Working Capital	65.05	179.35	294.96	389.99	319.45	78.34
Book Value Per Share	1.99	2.11	2.38	2.61	2.80	1.19
Tangible Book Value	345.75	477.62	550.87	597.79	538.32	146.27
Tangible Book Value Per Share	1.47	2.06	2.35	2.58	2.76	1.18
Land	12.42	6.59	6.51	6.45	0.41	-
Buildings	-	-	-	-	-	2.54
Machinery	153.55	82.42	98.08	90.23	27.92	29.35
Construction In Progress	175.15	154.27	114.33	81.02	87.59	13.13
Leasehold Improvements	-	-	-	-	-	2.52

Source: S&P Global Market Intelligence. Standard template. Financial Sources.