10-K
Annual Report
ALTO INGREDIENTS, INC.
ALTO
NASDAQ
CIK: 778164
File #: 000-21467
Balance Sheet
61 line items · 2 periods
XBRL
| Item | Dec 31, 2025 | Dec 31, 2024 |
|---|---|---|
Current Assets: | ||
Cash and cash equivalents | 23,415,000 | 35,469,000 |
Restricted cash | 2,258,000 | 742,000 |
Cash collateral balance | 2,258,000 | 742,000 |
Accounts receivable, net of allowance for credit losses of $76 and $23, respectively | 55,069,000 | 58,217,000 |
Inventories | 61,676,000 | 49,914,000 |
Inventories | 45,603,000 | 35,495,000 |
Transferable tax credits, net | 7,500,000 | — |
Level 3 | 7,500,000 | — |
Derivative instruments | 525,000 | 3,313,000 |
Commodity contracts | 525,000 | 3,313,000 |
Derivative Financial Instruments, Assets | 525,000 | 3,313,000 |
Derivative Financial Instruments, Assets - Level 1 | 525,000 | 3,313,000 |
Long-lived assets – Magic Valley | — | 19,397,000 |
Long-lived assets – Magic Valley - Level 3 | — | 19,397,000 |
Other current assets | 5,474,000 | 5,463,000 |
Total current assets | 155,917,000 | 153,118,000 |
Property and equipment, net | 198,501,000 | 214,742,000 |
Other Assets: | ||
Right of use operating lease assets, net | 16,931,000 | 20,553,000 |
Intangible assets, net | 7,574,000 | 4,509,000 |
Kinergy tradename | 2,678,000 | 2,678,000 |
Alto Carbonic Customer Relationships | 3,275,000 | — |
Eagle Alcohol Customer Relationships | 1,366,000 | 1,535,000 |
Eagle Alcohol tradename | 255,000 | 296,000 |
Other assets | 9,863,000 | 8,516,000 |
Total other assets | 34,368,000 | 33,578,000 |
Total Assets | 388,786,000 | 401,438,000 |
Pekin Campus Production | 208,947,000 | 223,934,000 |
Marketing and distribution | 103,911,000 | 102,895,000 |
Western production | 43,131,000 | 44,992,000 |
Corporate and other | 32,797,000 | 29,617,000 |
Current Liabilities: | ||
Accounts payable | 14,509,000 | 20,369,000 |
Accrued liabilities | 16,691,000 | 24,214,000 |
Current portion – long-term debt | 16,600,000 | — |
Current portion – operating leases | 4,958,000 | 4,851,000 |
Derivative instruments | 1,067,000 | 1,177,000 |
Commodity contracts | 1,067,000 | 1,177,000 |
Derivative Financial Instruments, Liabilities | 1,067,000 | 1,177,000 |
Level 1 - Derivative Financial Instruments, Liabilities | 1,067,000 | 1,177,000 |
Other current liabilities | 5,246,000 | 7,193,000 |
Acquisition of Eagle Alcohol | 0 | 7,700,000 |
Total current liabilities | 59,071,000 | 57,804,000 |
Long-term debt, net | 63,027,000 | 92,904,000 |
Operating leases, net of current portion | 13,012,000 | 16,913,000 |
Other liabilities | 8,435,000 | 8,754,000 |
Total Liabilities | 143,545,000 | 176,375,000 |
Stockholders’ Equity: | ||
Series B Preferred Stock | 1,000 | 1,000 |
Common stock value | 77,000 | 77,000 |
Additional paid-in capital | 1,051,795,000 | 1,044,176,000 |
Accumulated other comprehensive income | 5,461,000 | 4,975,000 |
Accumulated deficit | (812,093,000) | (824,166,000) |
Total stockholders’ equity | 245,241,000 | 225,063,000 |
Preferred Stock | 1,000 | 1,000 |
Non-Voting Common - Common Stock | 77,000 | 77,000 |
Additional Paid-In Capital | 1,051,795,000 | 1,044,176,000 |
Accumulated Deficit | (812,093,000) | (824,166,000) |
Accumulated Other Comprehensive Income | 5,461,000 | 4,975,000 |
Total Liabilities and Stockholders’ Equity | 388,786,000 | 401,438,000 |