U.S. markets close in 11 minutes
  • S&P 500

    4,198.22
    -34.38 (-0.81%)
     
  • Dow 30

    34,808.79
    +31.03 (+0.09%)
     
  • Nasdaq

    13,436.14
    -316.09 (-2.30%)
     
  • Russell 2000

    2,224.39
    -47.24 (-2.08%)
     
  • Crude Oil

    64.86
    -0.04 (-0.06%)
     
  • Gold

    1,837.90
    +6.60 (+0.36%)
     
  • Silver

    27.42
    -0.05 (-0.19%)
     
  • EUR/USD

    1.2151
    -0.0018 (-0.15%)
     
  • 10-Yr Bond

    1.6020
    +0.0250 (+1.59%)
     
  • GBP/USD

    1.4124
    +0.0135 (+0.96%)
     
  • USD/JPY

    108.7640
    +0.1820 (+0.17%)
     
  • BTC-USD

    56,233.97
    -942.68 (-1.65%)
     
  • CMC Crypto 200

    1,498.58
    -62.71 (-4.02%)
     
  • FTSE 100

    7,123.68
    -6.03 (-0.08%)
     
  • Nikkei 225

    29,518.34
    +160.52 (+0.55%)
     

KiOR recorded $185M impairment related to Columbus facility

For Q4, KiOR determined that impairment indicators existed related to the Columbus facility as a result of the Columbus facility not generating positive cash flows and the company not being able to get the facility to “steady state” operations. The compnay recorded an impairment of $185M as of December 31, 2013. Also for Q4, the company recorded an impairment of $11.3M related to the design costs of its previously planned commercial production facility in Natchez, Mississippi.