LOCL · XBRL financial data

Local Bounti financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (LOCL's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	638	19,474	27,557	38,138	48,365
Cost of goods and services sold	432	17,259	25,341	34,048	42,505
Gross profit	206	2,215	2,216	4,090	5,860
Research and development	3,425	14,059	16,086	22,287	25,575
Selling, general and administrative	41,498	82,682	64,559	40,771	—
General and administrative	—	—	—	32,878	33,769
Total operating expenses	44,923	96,741	119,126	63,058	68,487
Operating income (loss)	(44,717)	(94,526)	(116,910)	(58,968)	(62,627)
Other income (expense)	230	189	157	(2,822)	3,773
Income tax expense (benefit)	0	0	0	0	0
Net income (loss)	(56,093)	(111,071)	(124,015)	(119,902)	(94,379)
Earnings per share, basic‡ USD per share	(13.78)	(16.52)	(15.61)	(14.14)	(5.61)
Earnings per share, diluted‡ USD per share	(13.78)	(16.52)	(15.61)	(14.14)	(5.61)
Weighted average shares, basic‡ thousands of shares	4,067	6,699	7,944	8,480	16,896
Weighted average shares, diluted‡ thousands of shares	4,067	6,699	7,944	8,480	16,896

‡ Per-share figures and share counts are adjusted for the 1-for-13.003901170351106 stock split (June 2023); filings made before it reported them unadjusted.

Fiscal years (LOCL's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	96,661	13,666	10,326	937	4,233
Accounts receivable	110	2,691	3,078	2,282	2,203
Inventory	922	3,594	4,210	6,814	7,419
Prepaid and other current assets	3,391	2,881	2,805	2,261	1,686
Total current assets	105,508	34,104	26,988	18,823	22,027
Property and equipment, net	37,350	—	313,166	370,978	357,427
Right-of-use asset	55	137	172	73	47
Goodwill	0	38,481	0	—	—
Total assets	143,930	278,740	381,752	428,035	410,493
Accounts payable	1,912	13,757	14,640	16,987	11,782
Accrued liabilities	16,048	9,426	17,204	18,082	3,653
Current portion of long-term debt	—	—	0	20,205	0
Total current liabilities	17,968	23,267	31,941	55,436	16,310
Long-term debt	11,199	119,814	277,985	416,577	483,120
Lease liability, non-current	10	187	114	57	25
Total liabilities	42,247	157,407	366,479	528,535	576,729
Accumulated deficit	(68,242)	(179,313)	(303,328)	(423,230)	(517,609)
Total stockholders' equity	101,683	121,333	15,273	(100,500)	(166,236)
Total liabilities and equity	143,930	278,740	381,752	428,035	410,493
Common shares outstanding (cover page)‡ thousands of shares	6,649	8,035	8,438	10,634	22,401

‡ Per-share figures and share counts are adjusted for the 1-for-13.003901170351106 stock split (June 2023); filings made before it reported them unadjusted.

Fiscal years (LOCL's year ends in late December)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(56,093)	(111,071)	(124,015)	(119,902)	(94,379)
Stock-based compensation	17,895	39,166	16,274	3,348	5,191
Depreciation and amortization	684	10,427	13,132	18,871	23,197
Net cash from operating activities	(20,108)	(48,808)	(33,157)	(27,061)	(30,336)
Purchases of property and equipment	29,666	56,020	162,265	82,454	11,589
Net cash from investing activities	(29,666)	(172,385)	(162,265)	(82,454)	(11,589)
Proceeds from issuing common stock	—	—	—	0	3,543
Net cash from financing activities	150,806	145,054	187,379	100,086	45,178
Net change in cash	101,032	(76,139)	(8,043)	(9,429)	3,253

SIC 100 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 100 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Local Bounti	3,629	13,850	(7,367)*	23.4M	0.5 quarters	Q2 FY26 10-QJun 30, 2026
Planet 13 Holdings	6,581	22,859	602*	335.3M	—	Q2 FY26 10-QJun 30, 2026
ESG	161	0.9	651*	15.6M	—	Q2 FY26 10-QJun 30, 2026
TerrAscend	42,026	67,119	6,579*	309.2M	—	Q2 FY26 10-QJun 30, 2026
Cannabist Co Holdings	20,900	79,912	(24,594)*	497.5M	0.8 quarters	Q3 FY25 10-QSep 30, 2025
Grown Rogue International	11,533	11,274	1,713*	249.9M	—	Q2 FY26 10-QJun 30, 2026
Village Farms International	72,931	63,977	not reported	122.3M	—	Q2 FY26 10-QJun 30, 2026
Charlotte's Web Holdings	13,988	10,855	(926)*	271.3M	15.1 quarters	Q2 FY26 10-QJun 30, 2026
Verano Holdings	102,054	212,443	48,692*	72.9M	—	Q3 FY26 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.