Alto Ingredients, Inc. (ALTO) Financial Statements (2024 and earlier)

Company Profile

Business Address 400 CAPITOL MALL, SUITE 2060
SACRAMENTO, CA 95814
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments22,73921,17336,45628,45857,37636,184
Cash and cash equivalents22,73921,17336,45628,45857,37636,184
Restricted cash and investments2,3515,26313,0693,95517,36123,799
Receivables63,36766,53768,655 (444)12,385
Inventory, net of allowances, customer advances and progress billings71,11567,14766,62861,08867,43858,491
Inventory71,11567,14766,62861,08867,43858,491
Derivative instruments and hedges, assets14,0386,2674,9737,38427,48819,498
Asset, held-for-sale, not part of disposal group    76,45592,74480,611
Other current assets5,9195,2179,3408,96611,08110,245
Other undisclosed current assets     444 
Total current assets:179,529171,604199,121186,306273,488241,213
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization  23,04618,937   
Operating lease, right-of-use asset24,433  12,89514,00415,099
Property, plant and equipment246,693244,172239,069233,475222,946220,996
Intangible assets, net (including goodwill)14,76214,91015,05715,20415,28915,418
Goodwill5,9705,9705,9705,9705,9085,958
Intangible assets, net (excluding goodwill)8,7928,9409,0879,2349,3819,460
Other noncurrent assets5,9936,1726,1376,7885,5925,142
Total noncurrent assets:291,881288,300279,200268,362257,831256,655
TOTAL ASSETS:471,410459,904478,321454,668531,319497,868
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities41,26141,74054,67139,66542,88241,229
Accounts payable25,93324,40628,11517,49321,47821,750
Accrued liabilities15,32817,33426,55622,17221,40419,479
Derivative instruments and hedges, liabilities8,3962,1006,7321,10632,77027,487
Other liabilities5,1156,15012,76510,09615,3407,168
Other undisclosed current liabilities3,9143,8563,8493,6464,1324,297
Total current liabilities:58,68653,84678,01754,51395,12480,181
Noncurrent Liabilities
Long-term debt and lease obligation82,08283,73968,35645,88852,51853,681
Long-term debt, excluding current maturities82,08283,73968,35645,88852,51853,681
Liabilities, other than long-term debt8,7918,9668,79710,06810,28810,336
Other liabilities8,7918,9668,79710,06810,28810,336
Operating lease, liability      
Other undisclosed noncurrent liabilities 21,05819,67815,0629,2019,80110,705
Total noncurrent liabilities:111,931112,38392,21565,15772,60774,722
Total liabilities:170,617166,229170,232119,670167,731154,903
Equity
Equity, attributable to parent, including:300,793293,675308,089334,998363,588342,965
Preferred stock11 111
Common stock767675747474
Additional paid in capital1,039,7351,039,8971,040,8341,036,4591,036,6921,037,869
Accumulated other comprehensive income (loss)1,8221,8221,822(284)(284)(284)
Accumulated deficit(740,841)(748,121)(734,643)(701,252)(672,895)(694,695)
Other undisclosed equity, attributable to parent   1   
Total equity:300,793293,675308,089334,998363,588342,965
TOTAL LIABILITIES AND EQUITY:471,410459,904478,321454,668531,319497,868

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues317,297313,891328,437336,877362,189308,118
Cost of revenue
(Cost of Goods and Services Sold)
(300,116)(317,055)(349,765)(356,716)(353,345)(303,345)
Gross profit:17,181(3,164)(21,328)(19,839)8,8444,773
Operating expenses(7,911)(8,456)(9,781)(7,403)(8,996)(7,629)
Operating income (loss):9,270(11,620)(31,109)(27,242)(152)(2,856)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
5919930(456)(66)454
Interest and debt expense (1,734)     
Income (loss) from continuing operations before equity method investments, income taxes:7,595(11,601)(30,179)(27,698)(218)(2,402)
Other undisclosed income (loss) from continuing operations before income taxes     (200)
Income (loss) from continuing operations before income taxes:7,595(11,601)(30,179)(27,698)(218)(2,602)
Other undisclosed loss from continuing operations (7,691) (1,925)   
Loss from continuing operations:(96)(11,601)(32,104)(27,698)(218)(2,602)
Loss before gain (loss) on sale of properties:(27,698)(218)(2,602)
Other undisclosed net loss   (968)(340)  
Net loss:(96)(11,601)(33,072)(28,038)(218)(2,602)
Other undisclosed net income (loss) attributable to parent 7,691(1,565)  22,333 
Net income (loss) attributable to parent:7,595(13,166)(33,072)(28,038)22,115(2,602)
Preferred stock dividends and other adjustments(315)(312)(319)(319)(315) 
Undistributed earnings (loss) allocated to participating securities, basic (96)   (284) 
Other undisclosed net loss available to common stockholders, basic      (312)
Net income (loss) available to common stockholders, diluted:7,184(13,478)(33,391)(28,357)21,516(2,914)

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net loss:(96)(11,601)(33,072)(28,038)(218)(2,602)
Other undisclosed comprehensive income   2,106   
Comprehensive loss, net of tax, attributable to parent:(96)(11,601)(30,966)(28,038)(218)(2,602)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: