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Condensed Consolidated Statements of Operations (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES:    
Biomass-based diesel sales $ 343,737 $ 213,675
Separated RIN sales 57,324 25,765
Biomass-based diesel government incentives 16,941 58,401
Total biomass-based diesel revenue 418,002 297,841
Other revenue 891 29
Total revenues 418,893 297,870
COSTS OF GOODS SOLD:    
Biomass-based diesel 353,851 253,715
Separated RINs 46,629 26,769
Other costs of goods sold 1,130 2
Total cost of goods sold 401,610 280,486
GROSS PROFIT 17,283 17,384
SELLING, GENERAL AND ADMINISTRATIVE EXPENSES 22,907 19,777
RESEARCH AND DEVELOPMENT EXPENSE 3,598 3,926
LOSS FROM OPERATIONS (9,222) (6,319)
OTHER INCOME (EXPENSE), NET:    
Change in fair value of contingent consideration (589) 15
Change in fair value of convertible debt conversion liability (172) 0
Gain on involuntary conversion 0 3,543
Other income (loss), net (320) (88)
Interest expense (4,536) (3,311)
Total other income (expense), net (5,617) 159
LOSS BEFORE INCOME TAXES (14,839) (6,160)
INCOME TAX EXPENSE (1,075) (728)
NET LOSS (15,914) (6,888)
LESS—NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST 0 30
NET LOSS ATTRIBUTABLE TO THE COMPANY (15,914) (6,918)
LESS—EFFECT OF PARTICIPATING SHARE-BASED AWARDS 0 0
NET LOSS ATTRIBUTABLE TO THE COMPANY’S COMMON STOCKHOLDERS $ (15,914) $ (6,918)
NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS:    
BASIC (in dollars per share) $ (0.41) $ (0.16)
DILUTED (in dollars per share) $ (0.41) $ (0.16)
WEIGHTED AVERAGE SHARES USED TO COMPUTE NET LOSS PER SHARE ATTRIBUTABLE TO COMMON STOCKHOLDERS:    
BASIC (in shares) 38,599,048 43,899,084
DILUTED (in shares) 38,599,048 43,899,084