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AMTXAEMETIS, INC

Is Aemetis struggling financially?

Yes, by its own account. Aemetis told the SEC on 7 May 2026, in Form 10-Q, that there is substantial doubt about its ability to continue as a going concern.

Going concern disclosed May 2026

15/100

Critical

Sector
Industrial/Cyclical
Market cap
$149.4M
Source filing
10-Q 7 May 2026
Balance sheet
30 Jun 2026

Cash runway

  • 0months

    If the burn speeds up

    Empty by Jun 2026

  • 1month

    If it eases off

    Empty by Jul 2026

Both rows are the same reported burn flexed 15% either way, and neither assumes the company raises a cent.

Out of cashTwo years or more

The runway math

Cash and short-term investments

$973K

÷

Cash burned over the last 12 months

$22.7M

What Aemetis told the SEC

…above, based on the extent of our debt and reliance on our senior secured lender, along with expected near-term shortfalls in cash flow from operations, substantial doubt exists about our ability to continue as a going concern over the next twelve months.

AEMETIS, INC, Form 10-Q, filed 7 May 2026.

Read the filing on SEC.gov

What this means

  • Not a bankruptcy filing, and not a prediction.
  • It is the company’s own statement, agreed with its auditor, that the doubt is material enough to disclose.
  • The runway is arithmetic on two reported numbers, not a forecast. Companies carry this language for years, raise money and keep going.

What else the numbers show

  • Debt pressure is material Operating earnings cover only -0.2x the interest bill, so the interest is being met out of cash reserves rather than out of the business.
  • 24.9% share-count increase The company issued stock. Each share now owns 19.9% less of the business than a year ago, before any change in the price.

Other Industrial/Cyclical companies that filed the doubt