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Note 16 - Segments
 12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
16.
Segments
 
The Company has determined that it has 
two
operating segments: (i) Gevo, Inc. segment; and (ii) Gevo Development/Agri-Energy segment. The Company organizes its business segments based on the nature of the products and services offered through each of its consolidated legal entities. Transactions between segments are eliminated in consolidation.  
 
Gevo Segment
. The Gevo segment is responsible for all research and development activities related to the future production of isobutanol, including the development of the Company's proprietary biocatalysts, the production and sale of renewable jet and other fuels, the Retrofit process and the next generation of chemicals and biofuels that will be based on the Company's isobutanol technology. The Gevo segment also develops, maintains and protects its intellectual property portfolio, develops future markets for its isobutanol and provides corporate oversight services.
 
Gevo Development/Agri-Energy
. The Gevo Development/Agri-Energy segment is currently responsible for the operation of the Luverne Facility and the production of ethanol, isobutanol and related products.
 
The Company’s chief operating decision maker is provided with and reviews the financial results of each of the Company’s consolidated legal entities, Gevo, Inc., Gevo Development, LLC, and Agri-Energy, LLC. The Company organizes its business segments based on the nature of the products and services offered through each of its consolidated legal entities. All revenue is earned, and all assets are held, in the U.S.
 
   
Year Ended December 31,
  
   
201
8
    
201
7
    
201
6
  
Revenues from external customers:
                        
Gevo
   $
1,222
     $
1,097
     $
2,425
  
Gevo Development / Agri-Energy
    
31,641
      
26,439
      
24,788
  
Consolidated
   $
32,863
     $
27,536
     $
27,213
  
                         
Loss from operations:
                        
Gevo
   $
(11,552
 )   $
(10,603
)
   $
(11,045
)
Gevo Development / Agri-Energy
    
(10,649
 )    
(12,679
)
    
(12,940
)
Consolidated
   $
(22,201
 )   $
(23,282
)
   $
(23,985
)
                         
Interest expense:
                        
Gevo
   $
3,237
     $
2,951
     $
7,789
  
Gevo Development / Agri-Energy
    
-
      
-
      
48
  
Consolidated
   $
3,237
     $
2,951
     $
7,837
  
                         
Depreciation and amortization expense:
                        
Gevo
   $
269
     $
473
     $
738
  
Gevo Development / Agri-Energy
    
6,251
      
6,168
      
6,009
  
Consolidated
   $
6,520
     $
6,641
     $
6,747
  
                         
Acquisitions of plant, property and equipment:
                        
Gevo
   $
27
     $
120
     $
350
  
Gevo Development / Agri-Energy
    
3,096
      
1,786
      
5,588
  
Consolidated
   $
3,123
     $
1,906
     $
5,938
  
 
   
December 31,
  
   
201
8
    
2017
  
Total assets:
                
Gevo
   $
105,379
     $
87,507
  
Gevo Development / Agri-Energy
    
140,982
      
149,758
  
Intercompany eliminations (1)
    
(139,326
 )    
(148,412
)
Consolidated (2)
   $
107,035
     $
88,853
  
 
 
(
1
)
Includes intercompany sales of
$0.1
million and
$0.4
 million, respectively for hydrocarbon sales.
 
 
(
2
)
All other significant non-cash items relate to the activities of Gevo.