Alto Ingredients, Inc. Quarterly report pursuant to Section 13 or 15(d)

Segments. (Tables)

3 Months Ended

Mar. 31, 2021

	Three Months Ended March 31,
Net Sales	2021			2020
Marketing and distribution:
Alcohol sales, gross	$	57,010		$	57,506
Alcohol sales, net		452			429
Intersegment sales		2,244			4,315
Total marketing and distribution sales		59,706			62,250
Pekin Campus production, recorded as gross:
Alcohol sales	$	95,083		$	84,132
Essential ingredient sales		45,077			39,870
Intersegment sales		9,985			2,332
Total Pekin Campus sales		150,145			126,334
Other production, recorded as gross:
Alcohol sales	$	15,969		$	99,230
Essential ingredient sales		5,143			30,237
Intersegment sales		305			291
Total Other production sales		21,417			129,758

Intersegment eliminations		(12,534	)		(6,938	)
Net sales as reported	$	218,734		$	311,404

Cost of goods sold:
Marketing and distribution	$	53,957		$	57,139
Pekin Campus production		137,376			128,683
Other production		24,118			142,310
Intersegment eliminations		(10,554	)		(3,838	)
Cost of goods sold as reported	$	204,897		$	324,294

Income (loss) before benefit for income taxes:
Marketing and distribution	$	3,973		$	2,930
Pekin Campus production		9,691			(6,849	)
Other production		(5,137	)		(16,621	)
Corporate activities		(2,904	)		(2,562	)
	$	5,623		$	(23,102	)
Depreciation:
Pekin Campus production	$	4,345		$	5,130
Other production		1,498			4,530
Corporate activities		17			99
	$	5,860		$	9,759