{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-037349","form_type":"8-K","ticker":"ALTO","cik":"0000778164","company_name":"Alto Ingredients, Inc.","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.211957+00:00","generated_at":"2026-06-15T14:56:11.086003+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Alto Ingredients Q1 net loss $13.5M, Adjusted EBITDA -$4.5M; expects positive Q2","bullets":["Net sales $313.9M, gross loss $3.2M vs gross profit $4.8M a year ago.","Net loss available to common $13.5M ($0.18/share) vs $2.9M ($0.04) in Q1 2022.","Adjusted EBITDA negative $4.5M, down from positive $4.4M in prior-year period.","Cash $21.2M; $40M term loan available (up to $65M with accordion).","CEO expects positive Adjusted EBITDA in Q2 2023 based on current ethanol crush margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-037349","json":"https://secwatch.observer/filing/0001213900-23-037349.json","markdown":"https://secwatch.observer/filing/0001213900-23-037349.md","text":"https://secwatch.observer/filing/0001213900-23-037349.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/778164/000121390023037349/0001213900-23-037349-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/778164/000121390023037349/ea178119-8k_altoingred.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T14:56:11.086003+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bed0411d2c1cf1840127ce72aff15ac184ade8a2","claim":"Alto Ingredients, Inc. reported the quarter ended March 31, 2023 results: revenue $313.9 million, net income $13.5 million, EPS $0.18 per share. Guidance initiated.","evidence_excerpt":"Financial Results for the Three Months Ended March 31, 2023 Compared to 2022 ● Net sales were $313.9 million, compared to $308.1 million. ● Cost of goods sold was $317.1 million, compared to $303.3 million. ● Gross loss was $3.2 million, compared to gross profit of $4.8 million. ● Selling, general and administrative expenses were $7.9 million, compared to $7.6 million. ● Operating loss was $11.6 million, compared to $2.9 million. ● Net loss available to common stockholders was $13.5 million, or $0.18 per share, compared to $2.9 million, or $0.04 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/778164/000121390023037349/0001213900-23-037349-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$313.9 million"},{"label":"Net income","value":"$13.5 million"},{"label":"EPS","value":"$0.18 per share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}