secwatch.observer — SEC 8-K summary
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Issuer:     Alto Ingredients, Inc. (ALTO)
CIK:        0000778164
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0001213900-22-024871
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alto Ingredients Q1 net sales up 41% to $308M but net loss of $2.9M vs prior-year profit
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- Net sales $308.1M (+41% YoY); cost of goods sold $303.3M (+48% YoY).
- Gross profit fell to $4.8M from $13.8M; operating loss $2.9M vs income $5.6M.
- Net loss available to common $2.9M ($0.04 per share) vs net income $4.4M ($0.06).
- Adjusted EBITDA $4.4M vs $13.4M; cash $36.2M, down from $50.6M at year-end.
- Acquired small-package spirits distributor Eagle Alcohol; launched quality and ESG initiatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/778164/000121390022024871/0001213900-22-024871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/778164/000121390022024871/ea159611-8k_altoingred.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-024871

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer