Local Bounti Corporation/DE Financial Summary

Complete Filing Data

Local Bounti Corporation/DE reported Stockholders Equity of -$166.24 million for FY2025.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Local Bounti Corporation/DE did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Net Income Loss-$94.4M-$119.9M-$124.0M-$111.1M-$56.1M-$8.4M
Operating Income Loss-$62.6M-$59.0M-$116.9M-$94.5M-$44.7M-$7.9M
Operating Expenses$68.5M$63.1M$119.1M$96.7M$44.9M$7.9M
Research And Development Expense$25.6M$22.3M$16.1M$14.1M$3.4M$1.1M
Gross Profit$5.9M$4.1M$2.2M$2.2M$206.0K-$9.0K
Cost Of Goods And Services Sold$42.5M$34.0M$25.3M$17.3M$432.0K$91.0K
Revenue From Contract With Customer Excluding Assessed Tax$48.4M$38.1M$27.6M$19.5M$638.0K$82.0K
Other Nonoperating Income Expense$3.8M-$2.8M$157.0K$189.0K$309.0K$0.00
Selling General And Administrative Expense$40.8M$64.6M$82.7M$41.5M$6.8M
Interest Income Expense Net-$25.7M-$16.7M-$6.6M-$522.0K
Amortization Of Intangible Assets$3.3M$3.6M$5.9M$5.0M$0.00
Financing Interest Expense$601.0K$682.0K$313.0K$231.0K$0.00
General And Administrative Expense$33.8M$32.9M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Net Income Loss-$26.4M-$21.6M-$37.7M-$34.3M-$25.3M-$24.1M-$24.3M-$10.7M-$23.5M-$27.1M-$31.7M-$25.8M-$10.8M-$7.6M-$9.4M
Operating Income Loss-$18.2M-$15.5M-$15.7M-$18.0M-$13.9M-$10.3M-$19.0M-$19.4M-$19.3M-$22.0M-$26.2M-$24.2M-$5.7M-$3.7M-$8.7M
Operating Expenses$19.6M$16.9M$17.2M$19.4M$15.2M$11.1M$19.4M$20.2M$19.6M$23.3M$26.2M$24.2M$5.7M$3.7M$8.7M
Research And Development Expense$6.7M$6.5M$7.0M$7.1M$4.5M$3.5M$5.0M$3.5M$3.6M$3.0M$3.1M$1.9M$1.4M$723.0K$432.0K
Gross Profit$1.4M$1.5M$1.5M$1.4M$1.4M$786.0K$405.0K$852.0K$279.0K$1.3M-$12.0K$48.0K$4.0K$27.0K$12.0K
Cost Of Goods And Services Sold$10.8M$10.6M$10.1M$8.8M$8.1M$7.6M$6.4M$6.3M$6.4M$5.0M$6.3M$234.0K$155.0K$81.0K$45.0K
Revenue From Contract With Customer Excluding Assessed Tax$12.2M$12.1M$11.6M$10.2M$9.4M$8.4M$6.8M$7.2M$6.7M$6.3M$6.3M$282.0K$159.0K$108.0K$57.0K
Other Nonoperating Income Expense-$291.0K-$26.0K$407.0K$95.0K$1.0K$37.0K$83.0K$23.0K$50.0K$38.0K$28.0K$30.0K-$7.0K-$3.0K
Selling General And Administrative Expense$12.3M$10.7M$7.6M$14.4M$16.7M$16.0M$20.2M$23.1M$22.3M$4.3M$3.0M$8.3M
Interest Income Expense Net-$4.6M-$4.6M-$18.8M-$18.3M-$12.5M-$9.6M-$7.1M-$6.5M-$4.3M-$5.2M-$5.5M-$1.6M-$3.1M-$1.3M-$405.0K
Amortization Of Intangible Assets$892.0K$893.0K$1.7M$5.0M$1.3M
Financing Interest Expense$163.0K$198.0K$50.0K$71.0K
General And Administrative Expense$10.5M$8.0M$8.1M$10.4M$8.6M$5.8M$716.5K$461.4K$124.9K

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020FY2019
Stockholders Equity-$166.2M-$100.5M$15.3M$121.3M$101.7M-$2.6M$2.6M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$10.7M$7.5M$16.9M$24.9M$101.1M$45.0K$2.1M
Cash And Cash Equivalents At Carrying Value$4.2M$937.0K$10.3M$13.7M$96.7M$45.0K
Retained Earnings Accumulated Deficit-$517.6M-$423.2M-$303.3M-$179.3M-$68.2M-$12.1M
Liabilities And Stockholders Equity$410.5M$428.0M$381.8M$278.7M$143.9M$9.1M
Assets$410.5M$428.0M$381.8M$278.7M$143.9M$9.1M
Restricted Cash And Cash Equivalents$6.5M$6.5M$6.6M$11.3M$4.4M$0.00
Liabilities Current$16.3M$55.4M$31.9M$23.3M$18.0M$2.4M
Liabilities$576.7M$528.5M$366.5M$157.4M$42.2M$11.7M
Assets Current$22.0M$18.8M$27.0M$34.1M$105.5M$628.0K
Accrued Liabilities Current$3.7M$18.1M$17.2M$9.4M$16.0M$1.3M
Accounts Payable Current$11.8M$17.0M$14.6M$13.8M$1.9M$176.0K
Long Term Debt Noncurrent$483.1M$416.6M$278.0M$119.8M$11.2M$104.0K
Inventory Net$7.4M$6.8M$4.2M$3.6M$922.0K$243.0K
Provision For Loan Lease And Other Losses$17.0K-$103.0K$5.0K$114.0K$19.0K$0.00
Prepaid Expense And Other Assets Current$1.7M$2.3M$2.8M$2.9M$3.4M$7.0K
Other Assets Noncurrent$0.00$101.0K$73.0K$901.0K$1.0M$51.0K
Inventory Write Down-$12.0K$498.0K$62.0K$596.0K-$26.0K$0.00
Common Stock Value$2.0K$1.0K$1.0K$1.0K$9.0K$1.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$3.3M-$9.4M-$8.0M-$76.1M$101.0M-$2.1M
Accounts Receivable Net Current$2.2M$2.3M$3.1M$2.7M$110.0K$11.0K
Operating Lease Right Of Use Asset$47.0K$73.0K$172.0K$137.0K$55.0K
Operating Lease Liability Noncurrent$25.0K$57.0K$114.0K$187.0K$10.0K
Operating Lease Liability Current$32.0K$30.0K$97.0K$84.0K$28.0K
Gain Loss On Sale Of Property Plant Equipment-$264.0K-$1.7M-$4.7M-$2.6M$0.00
Intangible Assets Net Excluding Goodwill$30.8M$37.8M$41.4M$47.3M$0.00
Warrant Liability Fair Value$11.3M$6.4M$7.2M$0.00
Repayments Of Debt$0.00$10.7M$2.9M
Property Plant And Equipment Net$357.4M$371.0M$313.2M
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization$157.8M$37.4M$8.4M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021Q1 2021
Stockholders Equity-$158.1M-$132.7M-$134.5M-$65.6M-$32.8M-$9.4M$77.8M$98.3M$104.2M$119.3M$135.4M$87.0M-$25.5M-$14.6M-$7.0M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$12.7M$13.2M$28.4M$6.8M$16.2M$14.7M$18.3M$40.4M$7.5M$24.0M$41.3M$76.4M$14.8M$23.1M$17.4M
Cash And Cash Equivalents At Carrying Value$6.2M$5.3M$18.0M$317.0K$9.7M$8.2M$11.8M$33.9M$7.5M$4.2M$22.7M$72.0M$10.4M$23.1M$17.4M
Retained Earnings Accumulated Deficit-$508.9M-$482.5M-$460.9M-$387.0M-$352.6M-$327.4M-$237.8M-$213.5M-$202.8M-$152.8M-$125.7M-$94.0M-$17.5M-$4.3M$998.1K
Liabilities And Stockholders Equity$417.8M$426.8M$447.2M$430.8M$438.1M$413.4M$377.5M$364.0M$298.6M$262.1M$264.4M$126.5M$276.0M$276.4M$276.9M
Assets$417.8M$426.8M$447.2M$430.8M$438.1M$413.4M$377.5M$364.0M$298.6M$262.1M$264.4M$126.5M$276.0M$276.4M$276.9M
Restricted Cash And Cash Equivalents$6.5M$7.9M$10.4M$6.5M$6.5M$6.5M$6.5M$6.5M$0.00$19.8M$18.6M$4.4M$4.4M$0.00$0.00
Liabilities Current$14.3M$19.4M$20.0M$53.1M$43.5M$32.2M$24.8M$26.5M$32.0M$14.9M$9.5M$14.3M$477.7K$133.8K$132.4K
Liabilities$575.9M$559.5M$560.2M$496.4M$470.9M$422.9M$299.7M$265.7M$194.5M$142.8M$129.0M$39.5M$18.4M$22.3M$17.5M
Assets Current$24.1M$24.9M$40.6M$17.3M$26.8M$25.7M$27.8M$50.5M$17.4M$33.3M$50.2M$81.3M$960.5K$1.4M$1.9M
Accrued Liabilities Current$4.9M$9.7M$4.5M$23.1M$22.8M$19.3M$15.6M$17.4M$10.1M$6.7M$4.3M$6.7M$451.5K$122.3K$89.8K
Accounts Payable Current$9.2M$9.5M$15.3M$16.4M$13.7M$12.8M$9.0M$9.0M$21.8M$8.1M$5.2M$7.4M$11.5K$33.0K
Long Term Debt Noncurrent$484.9M$478.3M$480.0M$384.9M$367.3M$329.8M$217.0M$179.4M$122.4M$113.6M$105.2M$11.1M
Inventory Net$6.8M$7.0M$7.2M$6.5M$5.5M$5.0M$4.5M$4.3M$3.8M$3.8M$3.1M$1.3M
Provision For Loan Lease And Other Losses-$6.0K$0.00$8.0K$2.0K-$8.0K
Prepaid Expense And Other Assets Current$2.2M$2.3M$2.5M$1.9M$2.6M$2.6M$2.3M$3.0M$3.5M$3.3M$3.6M$3.6M
Other Assets Noncurrent$132.0K$261.0K$142.0K$3.1M$3.1M$3.0M$674.0K$25.0K$24.0K$903.0K$906.0K$905.0K
Inventory Write Down-$56.0K$223.0K$30.0K$0.00-$25.0K
Common Stock Value$2.0K$2.0K$1.0K$1.0K$1.0K$1.0K$1.0K$1.0K$10.0K$9.0K$9.0K$9.0K
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect$20.9M-$2.2M-$17.5M-$24.7M$17.3M
Accounts Receivable Net Current$2.4M$2.4M$2.6M$2.0M$2.5M$3.4M$2.7M$2.8M$2.6M$2.2M$2.2M$73.0K
Operating Lease Right Of Use Asset$53.0K$59.0K$66.0K$118.0K$137.0K$155.0K$190.0K$211.0K$235.0K$156.0K$176.0K$269.0K
Operating Lease Liability Noncurrent$34.0K$39.0K$49.0K$65.0K$76.0K$95.0K$133.0K$152.0K$169.0K$84.0K$94.0K$145.0K
Operating Lease Liability Current$31.0K$31.0K$30.0K$69.0K$77.0K$76.0K$91.0K$62.0K$81.0K$63.0K$71.0K$111.0K
Gain Loss On Sale Of Property Plant Equipment-$14.0K-$3.0K$0.00-$196.0K$0.00
Intangible Assets Net Excluding Goodwill$31.4M$36.0M$36.9M$38.7M$39.6M$40.5M$42.2M$43.9M$45.6M$48.9M$52.9M
Warrant Liability Fair Value$16.3M$11.4M$9.9M$8.4M$10.3M$11.4M$8.8M$10.5M$25.7M
Repayments Of Debt$0.00$550.0K
Property Plant And Equipment Net$361.8M$365.3M$369.2M$371.4M$368.3M$140.4M$123.6M$44.0M$37.4M
Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization$344.1M$313.2M$268.1M$230.8M$196.9M

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Share-Based Compensation *$5.2M$3.3M$16.3M$39.2M$17.9M$3.3M
Net Cash Provided By Used In Operating Activities-$30.3M-$27.1M-$33.2M-$48.8M-$20.1M-$3.8M
Net Cash Provided By Used In Investing Activities-$11.6M-$82.5M-$162.3M-$172.4M-$29.7M-$3.4M
Net Cash Provided By Used In Financing Activities$45.2M$100.1M$187.4M$145.1M$150.8M$5.2M
Increase Decrease In Accounts Payable$1.5M$6.6M-$66.0K$2.1M$1.7M$29.0K
Increase Decrease In Accrued Liabilities-$1.3M$3.8M$5.6M$177.0K$14.0M$1.1M
Depreciation Depletion And Amortization$23.2M$18.9M$13.1M$10.4M$684.0K
Increase Decrease In Inventories$593.0K$3.1M$678.0K$88.0K$652.0K$243.0K
Increase Decrease In Accounts Receivable-$62.0K-$899.0K$392.0K$643.0K-$193.0K$11.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets-$412.0K-$544.0K-$776.0K-$1.4M$3.4M-$1.0K
Proceeds From Issuance Of Debt$10.5M$100.1M$152.6M$124.6M$26.8M$453.0K
Payments To Acquire Property Plant And Equipment$11.6M$82.5M$162.3M$56.0M$29.7M$3.4M
Increase Decrease In Other Noncurrent Assets-$101.0K$28.0K$48.0K-$2.3M$966.0K$51.0K
Increase Decrease In Operating Lease Liability-$3.0K-$25.0K-$96.0K$151.0K$10.0K
Proceeds From Financing Obligations$1.6M$0.00$35.0M$0.00$3.9M$7.7M
Payments Of Debt Issuance Costs$0.00$226.0K$2.3M$5.4M$0.00
Proceeds From Convertible Debt$9.9M$0.00$0.00$26.0M$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Share-Based Compensation *$1.3M$2.3M$590.0K$1.4M$1.6M-$934.0K$3.3M$4.4M$6.0M$10.9M$11.7M$11.0M$0.00$0.00$4.9M
Net Cash Provided By Used In Operating Activities-$9.6M-$7.1M-$7.8M-$10.0M-$3.2M
Net Cash Provided By Used In Investing Activities-$5.0M-$35.0M-$32.7M-$14.7M-$1.1M
Net Cash Provided By Used In Financing Activities$35.5M$39.9M$23.0M$0.00$21.6M
Increase Decrease In Accounts Payable-$276.0K$969.0K$571.0K$2.6M$955.0K
Increase Decrease In Accrued Liabilities$1.7M$1.2M$4.8M$1.5M$1.4M
Depreciation Depletion And Amortization$5.9M$5.9M$5.9M$5.9M$3.9M$3.2M$3.4M$3.3M$3.5M$2.9M$3.4M$541.0K$142.0K$124.0K
Increase Decrease In Inventories$287.0K$973.0K$284.0K$341.0K$166.0K
Increase Decrease In Accounts Receivable$303.0K$281.0K-$76.0K-$37.0K$33.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets$207.0K-$181.0K-$4.0K$186.0K$816.0K
Proceeds From Issuance Of Debt$10.5M$39.9M$23.0M$0.00$10.4M
Payments To Acquire Property Plant And Equipment$5.0M$35.0M$32.7M$14.7M$1.1M
Increase Decrease In Other Noncurrent Assets$41.0K$2.9M$0.00-$112.0K-$5.0K
Increase Decrease In Operating Lease Liability-$1.0K-$21.0K$0.00-$25.0K$0.00
Proceeds From Financing Obligations$71.0K$1.1M
Payments Of Debt Issuance Costs
Proceeds From Convertible Debt$0.00$10.7M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Weighted Average Number Of Shares Outstanding Basic16.9M8.5M7.9M6.7M52.9M49.7M
Weighted Average Number Of Diluted Shares Outstanding16.9M8.5M7.9M6.7M52.9M49.7M
Earnings Per Share Diluted$-5.61$-14.14$-15.61$-16.57$-1.06$-0.17
Earnings Per Share Basic$-5.61$-14.14$-15.61$-16.57$-1.06$-0.17
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Authorized400.0M400.0M400.0M400.0M400.0M400.0M
Common Stock Shares Outstanding22.2M8.7M8.3M8.0M86.3M58.1M
Common Stock Shares Issued22.2M8.7M8.3M8.0M86.3M58.1M

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Weighted Average Number Of Shares Outstanding Basic22.5M13.3M8.8M8.6M8.4M8.3M8.0M7.9M7.7M6.9M6.8M81.0M49.1M49.1M49.1M
Weighted Average Number Of Diluted Shares Outstanding22.5M13.3M8.8M8.6M8.4M8.3M8.0M7.9M7.7M6.9M6.8M81.0M49.1M49.1M49.1M
Earnings Per Share Diluted$-1.18$-1.63$-4.32$-4.01$-3.00$-2.89$-3.02$-1.35$-3.04$-3.95$-4.65$-0.32$-0.22$-0.15$-0.19
Earnings Per Share Basic$-1.18$-1.63$-4.32$-4.01$-3.00$-2.89$-3.02$-1.35$-3.04$-3.95$-4.65$-0.32$-0.22$-0.15$-0.19
Common Stock Par Or Stated Value Per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
Common Stock Shares Authorized400.0M400.0M400.0M400.0M400.0M400.0M400.0M400.0M400.0M400.0M400.0M400.0M
Common Stock Shares Outstanding22.1M21.8M10.6M8.7M8.6M8.4M8.3M8.2M104.2M94.2M86.5M
Common Stock Shares Issued22.1M21.8M10.6M8.7M8.6M8.4M8.3M8.2M104.2M94.2M86.5M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2025FY2024FY2023FY2022FY2021FY2020
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$5.5M$4.1M$18.0M$39.6M$17.9M$3.3M
Depreciation$19.9M$15.3M$7.2M$5.4M$684.0K$287.0K
Fair Value Adjustment Of Warrants$3.4M-$811.0K-$18.5M$0.00$10.0K$0.00
Additional Paid In Capital$351.4M$322.7M$318.6M$300.6M$169.9M$9.6M
Amortization Of Financing Costs$2.2M$8.4M$7.3M$3.0M$782.0K$0.00
Capital Expenditures Incurred But Not Yet Paid$5.3M$7.2M$3.1M$825.0K$12.4M$1.5M
Stock Based Compensation Capitalized To Property And Equipment Net$352.0K$781.0K$1.9M$444.0K$0.00
Paid In Kind Interest$30.9M$50.3M$24.0M$0.00$1.4M$0.00
Management Fee Income$79.0K$35.0K
Financing Obligation$49.2M$14.1M$13.1M$9.2M
Fair Value Adjustment Of Convertible Notes$0.00$5.1M$0.00

Quarterly (10-Q, single quarters)

Metric \ QuarterQ3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024Q3 2023Q2 2023Q1 2023Q3 2022Q2 2022Q1 2022Q3 2021Q2 2021Q1 2021
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value$1.3M$2.4M$647.0K$1.6M$1.9M-$670.0K$3.8M$4.8M$6.4M$11.0M$11.8M$11.0M$4.9M
Depreciation$5.0M$5.0M$5.0M$5.0M$3.0M$2.3M$1.7M$1.6M$1.8M$1.7M$1.3M$541.0K$142.0K$125.0K$124.0K
Fair Value Adjustment Of Warrants$3.4M$1.5M$3.5M-$1.9M-$1.1M$4.2M-$1.8M-$15.2M$0.00$0.00$0.00-$4.2M$4.8M-$1.4M
Additional Paid In Capital$350.8M$349.8M$326.5M$321.4M$319.8M$317.9M$315.6M$311.8M$307.0M$272.1M$261.1M$181.0M$9.3M$4.0M
Amortization Of Financing Costs$2.1M$2.1M$981.0K$191.0K$0.00
Capital Expenditures Incurred But Not Yet Paid$1.8M$2.0M$7.6M$8.2M$0.00
Stock Based Compensation Capitalized To Property And Equipment Net$58.0K$264.0K$577.0K$29.0K$0.00
Paid In Kind Interest$15.3M$9.8M$0.00
Management Fee Income$38.0K$28.0K$30.0K$18.0K$24.0K$20.0K
Financing Obligation$49.1M$49.1M$14.2M$14.2M$14.2M$14.0M
Fair Value Adjustment Of Convertible Notes$0.00$0.00$0.00$2.1M$2.7M$299.0K

Most recent annual filing with the SEC: March 27, 2026

Data sourced from SEC EDGAR public filings as of August 5, 2026.