secwatch.observer — SEC 8-K summary
======================================

Issuer:     Alto Ingredients, Inc. (ALTO)
CIK:        0000778164
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001213900-24-094999
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alto Ingredients Q3 net loss narrows to $2.8M; signs CO2 sequestration deal
---------------------------------------------------------------------------

- Net loss available to common stockholders of $2.8M ($0.04 per share), improved from $3.8M ($0.05) in Q3 2023.
- Net sales fell to $251.8M from $318.1M YoY; gross profit rose to $6.0M from $4.2M.
- Adjusted EBITDA positive $12.2M in Q3, but nine-month adjusted EBITDA negative $0.8M.
- Entered CO2 Transportation and Sequestration Agreement with Vault 44.01 for Pekin campus storage into Mt. Simon sandstone.
- Cash and equivalents ended Q3 at $33.6M; total borrowing availability was $92.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/778164/000121390024094999/0001213900-24-094999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/778164/000121390024094999/ea0220158-8k_altoin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-094999

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