LNZA on Nasdaq
LanzaTech Global, Inc.
American industrial organic chemicals company, incorporated in Delaware. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Compare with Codexis, TANTECH HOLDINGS LTD or CN ENERGY GROUP. INC., or pick any stock.
- TickerLNZA on Nasdaq1
- IndustryIndustrial Organic Chemicals1
- HeadquartersSkokie, Illinois1
- Incorporated inDE2
- Business address8045 Lamon Avenue, Suite 400, Skokie, Il 600772
- Filer categoryNon-accelerated filer, Smaller reporting company2
See how the biggest companies compare on our leaderboards
Founded in 2005 in New Zealand and now headquartered in Skokie, Illinois, LanzaTech is a leading provider of carbon management and advanced conversion technologies, focused on transforming waste materials into high-value fuels, chemicals, and critical inputs for industry. Our mission is to drive energy resilience, industrial competitiveness, and supply chain security by leveraging robust, scalable biotechnology solutions to maximize the value of domestic resources.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Engineering and Other Services brought in 34% of the revenue LanzaTech Global, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Engineering and Other Services | $19.8M | $16.2M |
| Carbon Smart | $7.9M | $14.6M |
| Grant Contributions - Engineering And Other Services | $6.4M | $5.8M |
| Research And Development | $10.6M | $5.2M |
| Other Contract Research | $4.4M | $2.8M |
| Joint Development Agreements | $6.2M | $2.4M |
Regions
North America brought in 44% of the revenue LanzaTech Global, Inc. broke down this way in fiscal 2025.
Regions by year
| Regions | 2024 | 2025 |
|---|---|---|
| North America | $23.6M | $24.7M |
| Asia | $8.9M | $16.5M |
| Europe | $16.3M | $14.6M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development53¢$53.2M
- Selling, general and admin47¢$47.0M
Out of $55.8M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total revenues | $55.8M | $49.6M |
| Collaborative arrangements | $822.0K | $2.6M |
| Related party transactions | $93.0K | $520.0K |
| Research and development expense | $53.2M | $77.0M |
| Depreciation expense | $4.2M | $5.6M |
| Selling, general and administrative expense | $47.0M | $50.0M |
| Total cost and operating expenses | $135.0M | $158.5M |
| Loss from operations | -$79.2M | -$108.9M |
| Interest income, net | $1.2M | $3.2M |
| Other income (expense), net | $41.5M | -$17.7M |
| Total other income (expense), net | $42.8M | -$14.6M |
| Loss from equity method investees, net | -$12.5M | -$14.2M |
| Net loss | -$49.0M | -$137.7M |
| Changes in credit risk of fair value instruments | $1.1M | -$1.1M |
| Foreign currency translation adjustments | -$1.0M | $124.0K |
| Comprehensive loss | -$48.9M | -$138.7M |
| Net loss per common share - basic - basic (in usd per share) | -$22.27 | -$69.71 |
| Net loss per common share - diluted - diluted (in usd per share) | -$22.27 | -$69.71 |
| Weighted-average number of common shares outstanding - basic (in shares) | 2.2M shares | 2.0M shares |
| Weighted-average number of common shares outstanding - diluted (in shares) | 2.2M shares | 2.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 6 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2025-08-31 | 2025-07-31 | 2025-01-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $13.2M | $43.5M | |||
| Held-to-maturity investment securities | $0 | $12.4M | |||
| Trade and other receivables, net of allowance | $9.5M | $9.5M | |||
| Contract assets, net of allowance | $6.5M | $19.0M | |||
| Other current assets | $10.5M | $15.0M | |||
| Total current assets | $39.7M | $99.3M | |||
| Property, plant and equipment, net | $17.1M | $22.3M | |||
| Right-of-use assets | $14.4M | $26.8M | |||
| Equity method investment | $13.3M | $4.4M | |||
| Equity security investment | $15.0M | $15.0M | |||
| Other non-current assets | $751.0K | $6.9M | |||
| Total assets | $100.2M | $174.7M | |||
| Accounts payable | $10.9M | $5.3M | |||
| Other accrued liabilities | $10.3M | $8.9M | |||
| Warrants | $11.0K | $3.5M | |||
| Fixed Maturity Consideration and current FPA Put Option liability | $4.1M | $4.1M | |||
| Contract liabilities | $423.0K | $6.2M | |||
| Accrued salaries and wages | $1.8M | $2.3M | |||
| Current lease liabilities | $176.0K | $158.0K | |||
| Total current liabilities | $27.7M | $30.4M | |||
| Non-current lease liabilities | $16.4M | $30.6M | |||
| Non-current contract liabilities | $5.9M | $5.2M | |||
| FPA Put Option liability | $30.0M | $30.0M | |||
| Brookfield SAFE liability | $0 | $13.3M | $13.2M | ||
| Brookfield Loan liability | $10.9M | $0 | |||
| Convertible Note | $0 | $51.1M | |||
| Other long-term liabilities | $8.0K | $587.0K | |||
| Total liabilities | $90.9M | $161.2M | |||
| Convertible preferred stock, $0.0001 par value; 20,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 20,000,000 and no shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $2.0K | $0 | |||
| Preferred stock - additional paid-in capital | $13.2M | $0 | |||
| Total mezzanine equity | $13.2M | $0 | |||
| Common stock, $0.0000001 par value, 258,000 shares authorized as of September 30, 2025 and December 31, 2024; 2,320,025 and 1,949,157 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | $23.0K | $19.0K | |||
| Additional paid-in capital | $1.0B | $981.6M | |||
| Accumulated other comprehensive income | $1.4M | $1.4M | |||
| Accumulated deficit | -$1.0B | -$969.6M | |||
| Total shareholders equity/(deficit) | -$3.9M | $13.4M | |||
| Total liabilities, mezzanine equity and shareholders' equity | $100.2M | $174.7M | |||
| Redeemable convertible preferred stock, par value (usd per share) | $0.00 | $0.00 | |||
| Redeemable convertible preferred stock, shares authorized (in shares) | 20.0M shares | ||||
| Redeemable convertible preferred stock, shares issued (in shares) | 20.0M shares | 0 shares | |||
| Redeemable convertible preferred stock, shares outstanding (in shares) | 20.0M shares | 0 shares | |||
| Common shares, par value (usd per share) | $0.00 | $0.00 | $0.00 | $0.00 | |
| Common shares, shares authorized (in shares) | 25.8M shares | 25.8M shares | 600.0M shares | 25.8M shares | |
| Common shares, shares issued (in shares) | 2.3M shares | 1.9M shares | |||
| Common shares, shares outstanding (in shares) | 2.3M shares | 1.9M shares |
| Period ending | 2025-12-31 | 2025-08-31 | 2025-07-31 | 2025-01-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | $13.2M | $43.5M | ||||
| Held-to-maturity investment securities | $0 | $12.4M | ||||
| Trade and other receivables, net of allowance | $9.5M | $9.5M | ||||
| Contract assets, net of allowance | $6.5M | $19.0M | ||||
| Other current assets | $10.5M | $15.0M | ||||
| Total current assets | $39.7M | $99.3M | ||||
| Property, plant and equipment, net | $17.1M | $22.3M | ||||
| Right-of-use assets | $14.4M | $26.8M | ||||
| Equity method investment | $13.3M | $4.4M | ||||
| Equity security investment | $15.0M | $15.0M | ||||
| Other non-current assets | $751.0K | $6.9M | ||||
| Total assets | $100.2M | $174.7M | ||||
| Accounts payable | $10.9M | $5.3M | ||||
| Other accrued liabilities | $10.3M | $8.9M | ||||
| Warrants | $11.0K | $3.5M | ||||
| Fixed Maturity Consideration and current FPA Put Option liability | $4.1M | $4.1M | ||||
| Contract liabilities | $423.0K | $6.2M | ||||
| Accrued salaries and wages | $1.8M | $2.3M | ||||
| Current lease liabilities | $176.0K | $158.0K | ||||
| Total current liabilities | $27.7M | $30.4M | ||||
| Non-current lease liabilities | $16.4M | $30.6M | ||||
| Non-current contract liabilities | $5.9M | $5.2M | ||||
| FPA Put Option liability | $30.0M | $30.0M | ||||
| Brookfield SAFE liability | $0 | $13.3M | $13.2M | |||
| Brookfield Loan liability | $10.9M | $0 | ||||
| Convertible Note | $0 | $51.1M | ||||
| Other long-term liabilities | $8.0K | $587.0K | ||||
| Total liabilities | $90.9M | $161.2M | ||||
| Convertible preferred stock, $0.0001 par value; 20,000,000 shares authorized as of December 31, 2025 and December 31, 2024; 20,000,000 and no shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | $2.0K | $0 | ||||
| Preferred stock - additional paid-in capital | $13.2M | $0 | ||||
| Total mezzanine equity | $13.2M | $0 | ||||
| Common stock, $0.0000001 par value, 258,000 shares authorized as of September 30, 2025 and December 31, 2024; 2,320,025 and 1,949,157 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | $23.0K | $19.0K | ||||
| Additional paid-in capital | $1.0B | $981.6M | ||||
| Accumulated other comprehensive income | $1.4M | $1.4M | ||||
| Accumulated deficit | -$1.0B | -$969.6M | ||||
| Total shareholders equity/(deficit) | -$3.9M | $13.4M | $114.5M | |||
| Total liabilities, mezzanine equity and shareholders' equity | $100.2M | $174.7M | ||||
| Redeemable convertible preferred stock, par value (usd per share) | $0.00 | $0.00 | ||||
| Redeemable convertible preferred stock, shares authorized (in shares) | 20.0M shares | |||||
| Redeemable convertible preferred stock, shares issued (in shares) | 20.0M shares | 0 shares | ||||
| Redeemable convertible preferred stock, shares outstanding (in shares) | 20.0M shares | 0 shares | ||||
| Common shares, par value (usd per share) | $0.00 | $0.00 | $0.00 | $0.00 | ||
| Common shares, shares authorized (in shares) | 25.8M shares | 25.8M shares | 600.0M shares | 25.8M shares | ||
| Common shares, shares issued (in shares) | 2.3M shares | 1.9M shares | ||||
| Common shares, shares outstanding (in shares) | 2.3M shares | 1.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$49.0M | -$137.7M |
| Share-based compensation expense | $7.2M | $13.2M |
| Gain on change in fair value of SAFE and warrant liabilities | -$3.5M | -$17.9M |
| Loss on change in fair value of the Brookfield Loan | $5.3M | $0 |
| Gain on change in fair value of the Amended Brookfield Loan | -$1.4M | $0 |
| Loss on Brookfield SAFE extinguishment | $6.2M | $0 |
| Loss on change in fair value of the FPA Put Option and the Fixed Maturity Consideration liabilities | $0 | $23.5M |
| Change in fair value of Convertible Note | -$43.0M | $11.9M |
| Gain on change in fair value of PIPE Warrant liability | -$8.8M | $0 |
| Gain on partial lease termination | -$60.0K | $0 |
| Provisions for losses on trade and other receivables and contract assets, net of recoveries | $2.0M | $961.0K |
| Depreciation of property, plant and equipment | $4.2M | $5.6M |
| Amortization of discount on debt security investment | -$34.0K | -$854.0K |
| Non-cash lease expense | $1.6M | $1.7M |
| Non-cash recognition of licensing revenue | -$20.7M | -$11.5M |
| Loss from equity method investees, net | $12.5M | $14.2M |
| Loss from disposal of property, plant and equipment | $0 | -$25.0K |
| Unrealized Loss on net foreign exchange | $610.0K | -$284.0K |
| Accounts receivable, net | -$117.0K | $557.0K |
| Contract assets | $10.8M | $9.2M |
| Accrued interest on debt investment | -$83.0K | $183.0K |
| Other assets | $6.2M | -$2.1M |
| Accounts payable and accrued salaries and wages | $5.1M | -$1.8M |
| Contract liabilities | -$375.0K | $311.0K |
| Operating lease liabilities | -$1.6M | $641.0K |
| Other liabilities | $1.9M | $1.1M |
| Net cash used in operating activities | -$64.9M | -$89.1M |
| Purchase of property, plant and equipment | -$1.3M | -$5.3M |
| Proceeds from disposal of property, plant and equipment | $0 | $25.0K |
| Purchase of debt securities | $0 | -$27.1M |
| Proceeds from maturity of debt securities | $12.4M | $60.7M |
| Net cash provided by investing activities | $11.2M | $28.4M |
| Proceeds from issuance of preferred stock | $15.1M | $0 |
| Issuance costs related to preferred stock | -$1.9M | $0 |
| Settlement of FPA | $0 | -$10.0M |
| Proceeds from exercise of options | $0 | $300.0K |
| Proceeds from issuance of Convertible Note, net | $0 | $40.0M |
| Repurchase of equity instruments of the Company | $0 | -$48.0K |
| Partial settlement of the Brookfield Loan | -$12.5M | $0 |
| Proceeds from PIPE Warrant | $24.9M | $0 |
| Net cash provided by financing activities | $25.6M | $30.2M |
| Effects of currency translation on cash, cash equivalents and restricted cash | -$601.0K | -$52.0K |
| Net decrease in cash, cash equivalents and restricted cash | -$28.7M | -$30.5M |
| Acquisition of property, plant and equipment under accounts payable | $0 | $132.0K |
| Right-of-use asset additions | $0 | $10.2M |
| Extinguishment of the Brookfield SAFE | $13.3M | $0 |
| Issuance of the Brookfield Loan | -$19.5M | $0 |
| Extinguishment of the Brookfield Loan | $12.3M | $0 |
| Issuance of the Amended Brookfield Loan | -$12.3M | $0 |
| Cashless issuance of equity for Convertible Notes | $8.1M | $0 |
| Non-cash change in lease liability on partial termination | $13.0M | $0 |
| Non-cash change in ROU assets on partial termination | -$13.1M | $0 |
| Non-cash partial reversal of FPA upon settlement | $0 | $24.1M |
| Third-party issuance costs for the Convertible Note | $0 | $3.2M |
No quarter-by-quarter statement was filed.
Leadership
Who has led LanzaTech Global, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
2025
- Chief executive officerJennifer Holmgren Feb 10, 2023 to Apr 9, 202410
- PresidentCalad Aura Maria Cuellar Apr 9, 2024 to May 3, 202411
- PresidentBrian Beem Aug 3, 2021 to Mar 3, 202212
- Chief financial officerSushmita Koyanagi Jan 26, 2026 to now13
- Chief financial officerJustin D. Pugh Mar 13, 2025 to Jan 26, 202614
- Chief financial officerGeoffrey Trukenbrod Feb 10, 2023 to Apr 9, 202415
- Chief financial officerHans J. Mende Sep 17, 2021 to Sep 17, 202116
Board members and other officers (29)
- Interim GC-Corp. SecretaryMaryann Maas May 28, 2026 to now17
- Chief Accounting OfficerSushmita Koyanagi Mar 18, 2025 to now18
- Chief Accounting OfficerMichael Edward Heraty Jun 23, 2025 to now19
- Chief Sustainability OfficerFreya Burton Feb 10, 2023 to Apr 9, 202420
- Vice President, FinanceGeorge Dimitrov Feb 10, 2023 to Apr 9, 202421
- VP, Chemicals & HC Fuels TechJohanna Haggstrom Feb 10, 2023 to Mar 14, 202422
- EVP, EngineeringJulie Zarraga Feb 10, 2023 to Mar 14, 202423
- VP, Eng. Design & DevelopmentRobert Conrado Feb 10, 2023 to Apr 9, 202424
- Chief Commercial OfficerSteven F. Stanley Feb 10, 2023 to Mar 14, 202425
- EVP, Growth & StrategyCalad Aura Maria Cuellar May 4, 2023 to May 4, 202326
- Chief Innovation OfficerMichael Kopke Jul 12, 2023 to Apr 9, 202427
- Chief Science OfficerZarath Summers Jul 12, 2023 to Apr 9, 202428
- Chief People OfficerChad Thompson Aug 24, 2023 to Apr 9, 202429
- Board memberThierry Pilenko Jan 13, 2025 to Jan 13, 202530
- Board memberReyad Mohamed Ali Fezzani Jan 29, 2025 to now31
- Board memberJill Kathleen Frizzley Apr 28, 2025 to now32
- Board memberBarbara M. Byrne Feb 10, 2023 to Apr 9, 202433
- Board memberDorri McWhorter Feb 10, 2023 to Apr 9, 202434
- Board memberGary E. Rieschel Feb 10, 2023 to Apr 9, 202435
- Board memberJames A. Messina Feb 10, 2023 to Apr 9, 202436
- Board memberJennifer Holmgren Feb 10, 2023 to Apr 9, 202410
- Board memberNigel Gormly Feb 10, 2023 to Apr 9, 202437
- Board memberAdrian Paterson Aug 3, 2021 to Aug 3, 202138
- Board memberBrian Beem Aug 3, 2021 to Mar 3, 202212
- Board memberHans J. Mende Aug 3, 2021 to Aug 3, 202139
- Board memberJill Watz Aug 3, 2021 to Aug 3, 202140
- Board memberKate Burson Aug 3, 2021 to Aug 3, 202141
- Board memberMark Pinho Aug 3, 2021 to Aug 3, 202142
- General counselJoseph Blasko Feb 10, 2023 to Apr 9, 202443
Former names
- AMCI Acquisition Corp. IIFeb 12, 2021 to Feb 9, 20232
Timeline
- Feb 10, 2023New chief executive Jennifer Holmgren becomes CEO10
Filings
359 filings to the SEC since October 2021: 6 annual reports, 17 quarterly reports, 87 major events, 103 insider forms, 24 large holders, 122 other. The latest 20:
- Aug 14, 202610-Q EDGAR
- Aug 14, 20268-K EDGAR
- Jul 23, 20263 EDGAR
- Jul 23, 20263 EDGAR
- Jul 23, 2026SCHEDULE 13G EDGAR
- Jun 24, 20268-K EDGAR
- Jun 4, 20268-K EDGAR
- May 28, 20263 EDGAR
- May 18, 20268-K EDGAR
- May 18, 2026424B5 EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 14, 202610-Q EDGAR
- May 14, 20268-K EDGAR
- May 11, 2026SCHEDULE 13G/A EDGAR
- May 4, 20268-K EDGAR
- Apr 29, 2026ARS EDGAR
- Apr 29, 2026DEF 14A EDGAR
- Apr 17, 20268-K/A EDGAR
- Apr 16, 20268-K EDGAR
- Mar 31, 202610-K EDGAR
The 359 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
3 open-market trades by officers, directors and large owners since October 2021: 1 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 21, 2026 | Guardians of New Zealand Superannuation10% owner | Buy | 969,858 | $5.00 | $4.8M | Form 4 |
| Mar 5, 2024 | Burton FreyaChief Sustainability Officer | Sale | 50,225 | $3.24 | $162.7K | Form 4 |
| Mar 4, 2024 | Burton FreyaChief Sustainability Officer | Sale | 37,268 | $3.15 | $117.4K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Stephen Robert TindallSCHEDULE 13G, 1 filing Jul 23, 202644
- Novo Holdings A/SSCHEDULE 13G/A, 2 filings Feb 17, 2023 to May 15, 202645
- Of New Zealand Superannuation GuardiansSCHEDULE 13G/A, 2 filings Feb 21, 2023 to May 11, 202646
- Khosla Ventures III, L.P.SCHEDULE 13D/A, 3 filings Feb 21, 2023 to Jan 29, 202647
- Carbon Direct Capital Management LLCSCHEDULE 13D/A, 3 filings Aug 16, 2024 to Apr 4, 202548
- Shaolin Capital Management LLCSC 13G/A, 3 filings Feb 11, 2022 to Feb 22, 202449
- ARISTEIA CAPITAL, L.L.C.SC 13G/A, 2 filings Feb 14, 2022 to Feb 12, 202450
- ADAGE CAPITAL PARTNERS GP, L.L.C.SC 13G/A, 1 filing Feb 7, 202451
- Apollo Management Holdings GP, LLCSC 13G/A, 2 filings Feb 14, 2023 to Feb 6, 202452
- Atalaya Capital Management LPSC 13G, 1 filing Feb 14, 202353
- P SCHOENFELD ASSET MANAGEMENT LPSC 13G, 1 filing Feb 14, 202354
- MILLENNIUM MANAGEMENT LLCSC 13G/A, 2 filings Mar 16, 2022 to Jan 11, 202355
- AMCI Group, LLC Series 35SC 13G, 1 filing Feb 14, 202256
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 40. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11SEC EDGARCalad Aura Maria Cuellar, President
- 12SEC EDGARBrian Beem, President
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- 21
- 22
- 23SEC EDGARJulie Zarraga, EVP, Engineering
- 24
- 25
- 26
- 27
- 28
- 29SEC EDGARChad Thompson, Chief People Officer
- 30SEC EDGARThierry Pilenko, Board member
- 31
- 32SEC EDGARJill Kathleen Frizzley, Board member
- 33SEC EDGARBarbara M. Byrne, Board member
- 34SEC EDGARDorri McWhorter, Board member
- 35SEC EDGARGary E. Rieschel, Board member
- 36SEC EDGARJames A. Messina, Board member
- 37SEC EDGARNigel Gormly, Board member
- 38SEC EDGARAdrian Paterson, Board member
- 39SEC EDGARHans J. Mende, Board member
- 40SEC EDGARJill Watz, Board member
- 41SEC EDGARKate Burson, Board member
- 42SEC EDGARMark Pinho, Board member
- 43SEC EDGARJoseph Blasko, General counsel
- 44
- 45
- 46
- 47
- 48
- 49
- 50
- 51
- 52
- 53
- 54
- 55
- 56