Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v3.21.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]    
Net sales $ 897,023 $ 1,424,881
Cost of goods sold 844,164 1,434,819
Gross profit (loss) 52,859 (9,938)
Selling, general and administrative expenses (31,980) (35,453)
Gain on litigation settlement 11,750
Gain on sale of assets 1,580
Asset impairments (24,356) (29,292)
Income (loss) from operations 9,853 (74,683)
Interest expense, net (17,943) (20,206)
Loss on debt extinguishment (6,517)
Fair value adjustments (9,959)
Other income, net 750 104
Loss before benefit for income taxes (17,299) (101,302)
Benefit for income taxes 17 20
Consolidated net loss (17,282) (101,282)
Net loss attributed to noncontrolling interests 2,166 12,333
Net loss attributed to Alto Ingredients, Inc. (15,116) (88,949)
Preferred stock dividends (1,268) (1,265)
Loss available to common stockholders $ (16,384) $ (90,214)
Loss per share, basic and diluted (in Dollars per share) $ (0.28) $ (1.90)
Weighted-average shares outstanding, basic and diluted (in Shares) 58,609 47,384