Local Bounti Corporation/DE
LOCL · XNYSCIK 1840780fmd_0Y16YBH6E0E56T77RQR92J9QEAAgriculture, Forestry and Fishing · Agricultural Production-CropsTemplate: Standard
Coverage: Jan 01, 2020 to Jun 30, 2026, 23 periods
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Total revenues | 0 | 1 | 19 | 28 | 38 | 48 |
| Cost of revenue | 0 | 0 | 17 | 25 | 34 | 43 |
| Net interest income | (1) | (7) | (17) | (26) | – | – |
| Gross profit | (0) | 0 | 2 | 2 | 4 | 6 |
| Provision for credit losses | 0 | 0 | 0 | 0 | (0) | 0 |
| Net interest income after provision | (1) | (7) | (17) | (26) | – | – |
| Research and development | 1 | 3 | 14 | 16 | 22 | 26 |
| Selling, general and administrative | 7 | 41 | 83 | 65 | 41 | 43 |
| Total operating expenses | 8 | 45 | 97 | 119 | 63 | 68 |
| Operating income | (8) | (45) | (95) | (117) | (59) | (63) |
| Other non-operating income (expense) | 0 | 0 | 0 | 0 | (3) | 4 |
| Income before taxes | (8) | (56) | – | – | – | – |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | (8) | (56) | – | – | – | – |
| Net income | (8) | (56) | (111) | (124) | (120) | (94) |
| Net income to common shareholders | – | – | – | – | (120) | (95) |