Aemetis Inc. reported total revenues of $59.2 million for the third quarter of 2025, an increase of $7.0 million compared to the previous quarter, but down from $81.4 million in the third quarter of 2024. The company recorded a net loss of $23.7 million for the quarter, compared to a net loss of $17.9 million in the same period last year. Cash at the end of the quarter was $5.6 million, up from $1.6 million at the end of the second quarter. For the nine months ended September 30, 2025, revenues were $154.3 million, compared to $220.6 million in the same period of 2024. Business developments included $4.0 million in revenue from dairy renewable natural gas and the start of new orders from India Oil Marketing Companies. Aemetis also signed an agreement to construct a $30 million Mechanical Vapor Recompression system and continued investments in carbon intensity reduction projects.