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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	6.2	0.94	10.33	13.67	96.66	0.05
Cash & Short-Term Investments	6.2	0.94	10.33	13.67	96.66	0.05
Cash Growth	1855.52%	-90.93%	-24.44%	-85.86%	214702.22%	-97.89%
Receivables	2.42	2.28	3.08	2.69	0.11	0.33
Inventory	6.82	6.81	4.21	3.59	0.92	0.24
Prepaid Expenses	2.17	2.26	2.81	2.88	3.4	0.01
Restricted Cash	6.51	6.53	6.57	11.27	4.42	-
Total Current Assets	24.13	18.82	26.99	34.1	105.51	0.63
Property, Plant & Equipment	362.09	371.33	313.34	157.98	37.41	8.42
Goodwill	-	-	-	38.48	-	-
Other Intangible Assets	31.41	37.78	41.35	47.27	-	-
Other Long-Term Assets	0.13	0.1	0.07	0.9	1.02	0.05
Total Assets	417.76	428.04	381.75	278.74	143.93	9.1
Accounts Payable	9.23	16.99	14.64	13.76	1.92	0.18
Accrued Expenses	4.89	18.08	17.2	9.43	16.02	2.13
Short-Term Debt	-	-	-	-	-	0.05
Current Portion of Long-Term Debt	0.08	20.26	-	-	-	-
Current Portion of Leases	0.11	0.11	0.1	0.08	0.03	-
Total Current Liabilities	14.32	55.44	31.94	23.27	17.97	2.35
Long-Term Debt	535.14	466.43	327.21	119.81	11.2	0.1
Long-Term Leases	0.2	0.26	0.11	14.33	13.08	9.22
Other Long-Term Liabilities	26.25	6.4	7.21	-	-	-
Total Liabilities	575.9	528.54	366.48	157.41	42.25	11.67
Common Stock	0	0	0	0	0.01	0
Additional Paid-In Capital	350.77	322.73	318.6	300.65	169.92	9.58
Retained Earnings	-508.91	-423.23	-303.33	-179.31	-68.24	-12.15
Shareholders' Equity	-158.14	-100.5	15.27	121.33	101.68	-2.57
Total Liabilities & Equity	417.76	428.04	381.75	278.74	143.93	9.1
Total Debt	535.53	487.06	327.42	134.22	24.31	9.37
Net Cash (Debt)	-529.33	-486.13	-317.1	-120.56	72.35	-9.33
Net Cash Per Share	-39.71	-57.32	-39.92	-17.99	17.78	-2.44
Filing Date Shares Outstanding	22.27	8.66	8.44	8.04	6.65	3.82
Total Common Shares Outstanding	22.12	8.66	8.31	7.98	6.64	3.82
Working Capital	9.82	-36.61	-4.95	10.84	87.54	-1.73
Book Value Per Share	-7.15	-11.61	1.84	15.21	15.31	-0.67
Tangible Book Value	-189.55	-138.28	-26.08	35.58	101.68	-2.57
Tangible Book Value Per Share	-8.57	-15.98	-3.14	4.46	15.31	-0.67
Land	19.25	19.25	19.25	19.3	4.12	0.35
Buildings	261.61	258.86	66.75	55.39	14.14	-
Machinery	119.36	115.37	44.17	32.77	3.68	1.62
Construction In Progress	4.74	6.04	196.32	56.75	16.38	1.54

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q