Alto Ingredients, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Earnings Per Share

Earnings Per Share

3 Months Ended

Mar. 31, 2026

Earnings Per Share [Abstract]

EARNINGS PER SHARE

9. EARNINGS PER SHARE.

The following tables compute basic and diluted earnings per share (in thousands, except per share data):

	Three Months Ended March 31, 2026
	Income Numerator			Shares Denominator		Per-Share Amount
Consolidated net income	$	4,271
Less: Preferred stock dividends		(312	)
Basic income per share:
Income attributable to common stockholders	$	3,959			74,789	$	0.05
Add: Dilutive securities		—			1,850
Diluted income per share:
Income attributable to common stockholders	$	3,959			76,639	$	0.05

	Three Months Ended March 31, 2025
	Loss Numerator			Shares Denominator		Per-Share Amount
Net loss	$	(11,679	)
Less: Preferred stock dividends		(312	)
Basic and diluted loss per share:
Net loss attributable to common stockholders	$	(11,991	)		73,836	$	(0.16	)

There were additional aggregate potentially dilutive weighted-average shares of 981,000 from convertible securities outstanding for the three months ended March 31, 2026 and 2025. These securities were not considered in calculating diluted net loss per share for the three months ended March 31, 2026 and 2025, as their effect would have been anti-dilutive.