Alto Ingredients, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $11.7M | $4.3M | $21.8M | $14.2M | $-11.0M | $-11.7M | $-41.7M | $-2.4M |
| Depreciation & Amortization | $6.5M | $6.4M | $6.3M | $6.3M | $6.4M | $6.3M | $6.5M | $6.1M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | $102.0K | $102.0K | — | — | — |
| Stock-Based Compensation | $813.0K | $705.0K | $842.0K | $706.0K | $626.0K | $848.0K | $707.0K | $862.0K |
| Net Cash from Operating Activities | $28.5M | $4.2M | $9.5M | $22.8M | $-848.0K | $-18.2M | $-9.8M | $18.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $10.6M | $909.0K | $1.9M | $1.6M | $484.0K | $532.0K | $1.3M | $491.0K |
| Business Acquisitions | — | — | $0 | $0 | $0 | $7.3M | — | — |
| Net Cash from Investing Activities | $-10.6M | $-909.0K | $4.7M | $-1.6M | $-2.7M | $-7.8M | $-1.3M | $-91.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-15.6M | $-7.3M | $-21.7M | $-18.5M | $6.9M | $17.0M | $8.8M | $-8.4M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | $17.9M | $3.3M | $7.6M | $21.2M | $-1.3M | $-18.8M | $-11.1M | $18.1M |