secwatch.observer — SEC 8-K summary
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Issuer:     Alto Ingredients, Inc. (ALTO)
CIK:        0000778164
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001213900-23-083888
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alto Ingredients Q3 net loss narrows to $3.8M; Adjusted EBITDA turns positive $4.7M
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- Net sales $318.1M vs $336.9M YoY; gross profit improved to $4.2M from a loss of $19.8M.
- Net loss $0.05 per share vs $0.39 YoY; includes $2.8M USDA grant.
- Adjusted EBITDA of $4.7M vs negative $20.6M YoY; operating cash flow positive.
- Extends EBITDA expansion goals by 6-12 months due to higher yeast project costs and inflation.
- Cash $26.2M at Sep 30, 2023; total borrowing availability of $93.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/778164/000121390023083888/0001213900-23-083888-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/778164/000121390023083888/ea187755-8k_altoing.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-083888

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