Local Bounti Corporation (LOCL)

Local Bounti Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.29	0.94	10.33	13.67	96.66	0.05
Cash & Short-Term Investments	5.29	0.94	10.33	13.67	96.66	0.05
Cash Growth	-45.42%	-90.93%	-24.44%	-85.86%	214702.22%	-97.89%
Receivables	2.44	2.28	3.08	2.69	0.11	0.33
Inventory	7.03	6.81	4.21	3.59	0.92	0.24
Prepaid Expenses	2.31	2.26	2.81	2.88	3.4	0.01
Restricted Cash	7.89	6.53	6.57	11.27	4.42	-
Total Current Assets	24.95	18.82	26.99	34.1	105.51	0.63
Property, Plant & Equipment	365.57	371.33	313.34	157.98	37.41	8.42
Goodwill	-	-	-	38.48	-	-
Other Intangible Assets	36	37.78	41.35	47.27	-	-
Other Long-Term Assets	0.26	0.1	0.07	0.9	1.02	0.05
Total Assets	426.77	428.04	381.75	278.74	143.93	9.1
Accounts Payable	9.53	16.99	14.64	13.76	1.92	0.18
Accrued Expenses	9.67	18.08	17.2	9.43	16.02	2.13
Short-Term Debt	-	-	-	-	-	0.05
Current Portion of Long-Term Debt	0.07	20.26	-	-	-	-
Current Portion of Leases	0.11	0.11	0.1	0.08	0.03	-
Total Current Liabilities	19.38	55.44	31.94	23.27	17.97	2.35
Long-Term Debt	528.48	466.43	327.21	119.81	11.2	0.1
Long-Term Leases	0.22	0.26	0.11	14.33	13.08	9.22
Other Long-Term Liabilities	11.41	6.4	7.21	-	-	-
Total Liabilities	559.5	528.54	366.48	157.41	42.25	11.67
Common Stock	0	0	0	0	0.01	0
Additional Paid-In Capital	349.76	322.73	318.6	300.65	169.92	9.58
Retained Earnings	-482.48	-423.23	-303.33	-179.31	-68.24	-12.15
Shareholders' Equity	-132.72	-100.5	15.27	121.33	101.68	-2.57
Total Liabilities & Equity	426.77	428.04	381.75	278.74	143.93	9.1
Total Debt	528.88	487.06	327.42	134.22	24.31	9.37
Net Cash (Debt)	-523.6	-486.13	-317.1	-120.56	72.35	-9.33
Net Cash Per Share	-53.31	-57.32	-39.92	-17.99	17.78	-2.44
Filing Date Shares Outstanding	22.12	8.66	8.44	8.04	6.65	3.82
Total Common Shares Outstanding	21.78	8.66	8.31	7.98	6.64	3.82
Working Capital	5.57	-36.61	-4.95	10.84	87.54	-1.73
Book Value Per Share	-6.09	-11.61	1.84	15.21	15.31	-0.67
Tangible Book Value	-168.72	-138.28	-26.08	35.58	101.68	-2.57
Tangible Book Value Per Share	-7.75	-15.98	-3.14	4.46	15.31	-0.67
Land	19.25	19.25	19.25	19.3	4.12	0.35
Buildings	261.17	258.86	66.75	55.39	14.14	-
Machinery	116.79	115.37	44.17	32.77	3.68	1.62
Construction In Progress	6.26	6.04	196.32	56.75	16.38	1.54

Updated Aug 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q