Replies to post #24665 on Alto Ingredients Inc (ALTO)

[Rule_62]

I suspect the $10M I deducted (i took that from the Feb PR) was incorporated in the subsequent revolving credit number referenced in the 10-K.

My bad

So

Cash as of Dec 31 $5.1M
Offering $26M
Warrants exercised in Q1 $12.1M
Warrants exercised in Q2 as of April 15 $3.7M
Subtotal $46.9M

less
Revolving credit reduction 19.4M
Senior note retirement $13.1M
Subsequent April 15 $0.9M payment
Subtotal $13.5M

plus
Q1 net profit before non-cash write down (?)