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Note 13 - Segments
3 Months Ended
Mar. 31, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
13.
Segments
 
We have determined that we have
two
operating segments: (i) Gevo segment; and (ii) Gevo Development/Agri-Energy segment. We organize our business segments based on the nature of the products and services offered through each of our consolidated legal entities. Transactions between segments are eliminated in consolidation.
 
Gevo Segment
. Our Gevo segment is responsible for all research and development activities related to the future production of isobutanol, including the development of our proprietary biocatalysts, the production and sale of biojet fuel, our retrofit process and the next generation of chemicals and biofuels that will be based on our isobutanol technology. Our Gevo segment also develops, maintains and protects our intellectual property portfolio, develops future markets for our isobutanol and provides corporate oversight services.
 
Gevo Development/Agri-Energy Segment
. Our Gevo Development/Agri-Energy segment is currently responsible for the operation of our Luverne Facility and the production of ethanol, isobutanol and related products.
 
 
   
Three Months Ended March 31,
 
   
2018
   
2017
 
Revenues:
               
Gevo
  $
25
    $
90
 
Gevo Development / Agri-Energy
   
8,218
     
5,526
 
Consolidated
  $
8,243
    $
5,616
 
                 
Loss from operations:
               
Gevo
  $
(2,476
)
  $
(3,065
)
Gevo Development / Agri-Energy
   
(2,523
)
   
(4,117
)
Consolidated
  $
(4,999
)
  $
(7,182
)
                 
Interest expense:
               
Gevo
  $
825
    $
714
 
Gevo Development / Agri-Energy
   
     
 
Consolidated
  $
825
    $
714
 
                 
Depreciation expense:
               
Gevo
  $
84
    $
137
 
Gevo Development / Agri-Energy
   
1,562
     
1,539
 
Consolidated
  $
1,646
    $
1,676
 
                 
Acquisitions of plant, property and equipment:
               
Gevo
  $
    $
56
 
Gevo Development / Agri-Energy
   
67
     
617
 
Consolidated
  $
67
    $
673
 
 
   
March 31,
   
December
31,
 
   
2018
   
2017
 
Total assets:
               
Gevo
  $
81,629
    $
87,507
 
Gevo Development / Agri-Energy
   
147,290
     
149,758
 
Intercompany eliminations
   
(146,046
)    
(148,412
)
Consolidated
  $
82,873
    $
88,853