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GCEH Global Clean Energy

Clean Energy Holdings, Inc. engages in the business of planting, cultivation, harvesting and processing of non-food based plants to generate seed oils & biomass for use in the biofuels industry, and production of bio-jet, biodiesel, green diesel and renewable chemicals. Global Clean Energy Holdings was founded on November 20, 1991 and is headquartered in Torrance, CA.

Company profile

Ticker
GCEH, GCEHD
Exchange
CEO
Richard Palmer
Employees
Incorporated
Location
Fiscal year end
Former names
MEDICAL DISCOVERIES INC
SEC CIK
IRS number
870407858

GCEH stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

20 May 21
14 Jun 21
31 Dec 21
Quarter (USD)
Mar 21 Dec 20 Sep 20 Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Mar 16 Dec 14
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 47.59M 47.59M 47.59M 47.59M 47.59M 47.59M
Cash burn (monthly) 1.44M (positive/no burn) 2.22M 1.5M 1.33M 723.55K
Cash used (since last report) 3.56M n/a 5.48M 3.7M 3.27M 1.78M
Cash remaining 44.03M n/a 42.12M 43.9M 44.33M 45.81M
Runway (months of cash) 30.5 n/a 19.0 29.3 33.5 63.3

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
6 May 21 Ralph J Goehring Stock Option Common Stock Grant Aquire A No No 5.61 50,000 280.5K 50,000
15 Apr 21 Jerald S. Feitelson Common Stock Grant Aquire A No No 0 209,225 0 209,225
26 Mar 21 Michael Zilkha Common Stock Conversion Aquire C No No 0.3 1,586,786 476.04K 5,862,355
26 Mar 21 Michael Zilkha 5.97% Convertible Note Common Stock Conversion Dispose C No No 0.3 - 283.5K 0
11 Mar 21 Walker David R Stock Option Common Stock Grant Aquire A No No 0.42 200,000 84K 200,000

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

0.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 1 1
Opened positions 0 0
Closed positions 0 0
Increased positions 0 0
Reduced positions 0 0
13F shares
Current Prev Q Change
Total value 3K 3K
Total shares 15K 15K
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
Chesley Taft & Associates 15K $3K 0.0%
Largest transactions
Shares Bought/sold Change
Chesley Taft & Associates 15K 0 0.0%

Financial report summary

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Management Discussion
  • This report contains forward-looking statements. These statements relate to future events or the Company’s future financial performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” the negative of such terms or other comparable terminology. These statements are only predictions. Actual events or results may differ materially.
  • Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, levels of activity, performance or achievements. Moreover, neither the Company, nor any other person, assumes responsibility for the accuracy and completeness of the forward-looking statements. The Company is under no obligation to update any of the forward-looking statements after the filing of this Quarterly Report on Form 10-Q to conform such statements to actual results or to changes in its expectations.
  • Since 2013 Global Clean Energy Holdings, Inc. and its subsidiaries (collectively, hereinafter the “Company,” “we,” “us,” or “our) has been engaged in developing its Camelina assets as a biofuels feedstock. Between July 2018, the date that we entered into a letter of intent for the purchase of a 500-acre crude oil refinery in Bakersfield, California and the closing of the purchase of the Bakersfield Biorefinery in May 2020, we were exclusively engaged in completing the purchase of the refinery and in obtaining the financing necessary purchase and retool the Bakersfield Biorefinery into a renewable fuels facility. Accordingly, our principal expenses during 2019 and until we purchased the Bakersfield Biorefinery in May 2020 consisted of general and administrative expenses and costs incurred to obtain the financing required to purchase and retool the Bakersfield Biorefinery. After the purchase of the Bakersfield Biorefinery on May 7, 2020, both our operating expenses and our capital expenditures increased significantly.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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