Security
LIII.WS · Local Bounti Corporation/DE
LIII.WSNYSEWarrantHistorical · closed Nov 19, 2021CIK 1840780Updated Sep 24, 2026
Name history
Leo Holdings III Corp. · through Nov 22, 2021
Current security for this SEC filerLOCL · NYSE
LIII.WS price & chart
Historical security
This listing closed Nov 19, 2021. Live provider charts are shown only for current listings.
Current security: LOCL
In the news
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Recent filings
DEFA14A filing
DEF 14A filing
PRE 14A filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities
Items 1.01, 2.03, 3.02, 9.01
SCHEDULE 13D/A - filed by Wheat Wind Farms, LLC regarding Local Bounti Corporation/DE
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
4 filing
4 filing
Financials
FY 2025 · USDSource
Source
Source
Source
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 410,493,000Source | 428,035,000Source | 381,752,000Source | 278,740,000Source |
| Property, Plant and Equipment, NetUSD | 357,427,000Source | 370,978,000Source | — | — |
| GoodwillUSD | — | — | 0Source | 38,481,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 30,778,000Source | 37,783,000Source | 41,353,000Source | 47,273,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,233,000Source | 937,000Source | 10,326,000Source | 13,666,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 2,203,000Source | 2,282,000Source | 3,078,000Source | 2,691,000Source |
| Inventory, NetUSD | 7,419,000Source | 6,814,000Source | 4,210,000Source | 3,594,000Source |
| Assets, CurrentUSD | 22,027,000Source | 18,823,000Source | 26,988,000Source | 34,104,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,686,000Source | 2,261,000Source | 2,805,000Source | 2,881,000Source |
| Operating Lease, Right-of-Use AssetUSD | 47,000Source | 73,000Source | 172,000Source | 137,000Source |
| Other Assets, NoncurrentUSD | 0Source | 101,000Source | 73,000Source | 901,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 576,729,000Source | 528,535,000Source | 366,479,000Source | 157,407,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 2,000Source | 1,000Source | 1,000Source | 10,000Source |
| Additional Paid in CapitalUSD | 351,371,000Source | 322,729,000Source | 318,600,000Source | 300,636,000Source |
| Retained Earnings (Accumulated Deficit)USD | -517,609,000Source | -423,230,000Source | -303,328,000Source | -179,313,000Source |
| Stockholders' Equity Attributable to ParentUSD | -166,236,000Source | -100,500,000Source | 15,273,000Source | 121,333,000Source |
| Liabilities and EquityUSD | 410,493,000Source | 428,035,000Source | 381,752,000Source | 278,740,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 16,310,000Source | 55,436,000Source | 31,941,000Source | 23,267,000Source |
| Operating Lease, Liability, CurrentUSD | 32,000Source | 30,000Source | 97,000Source | 84,000Source |
| Accounts Payable, CurrentUSD | 11,782,000Source | 16,987,000Source | 14,640,000Source | 13,757,000Source |
| Operating Lease, Liability, NoncurrentUSD | 25,000Source | 57,000Source | 114,000Source | 187,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 3,653,000Source | 18,082,000Source | 17,204,000Source | 9,426,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 483,120,000Source | — | 277,985,000Source | 119,814,000Source |
| Long-term Debt, Current MaturitiesUSD | 0Source | 20,205,000Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 483,120,000Source | 416,577,000Source | 277,985,000Source | 119,814,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 23,197,000Source | 18,871,000Source | 13,132,000Source | 10,427,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 5,191,000Source | 3,348,000Source | 16,274,000Source | 39,166,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -62,000Source | -899,000Source | 392,000Source | 643,000Source |
| Increase (Decrease) in InventoriesUSD | 593,000Source | 3,102,000Source | 678,000Source | 88,000Source |
| Increase (Decrease) in Accounts PayableUSD | 1,538,000Source | 6,643,000Source | -66,000Source | 2,116,000Source |
| Deferred Income Tax Expense (Benefit)USD | -31,950,000Source | 31,093,000Source | 34,642,000Source | 20,382,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -30,336,000Source | -27,061,000Source | -33,157,000Source | -48,808,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 0Source | 90,552,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -11,589,000Source | -82,454,000Source | -162,265,000Source | -172,385,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 11,589,000Source | 82,454,000Source | 162,265,000Source | 56,020,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 1,216,000Source | — | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 45,178,000Source | 100,086,000Source | 187,379,000Source | 145,054,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 3,253,000Source | -9,429,000Source | -8,043,000Source | -76,139,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 10,719,000Source | 7,466,000Source | 16,895,000Source | 24,938,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 4,044,000Source | 5,545,000Source | 4,039,000Source | 10,743,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 5,191,000Source | 3,348,000Source | 16,274,000Source | 39,166,000Source |
| Amortization of Debt Issuance CostsUSD | 2,204,000Source | 8,401,000Source | 7,283,000Source | 2,988,000Source |
| Amortization of Intangible AssetsUSD | 3,305,000Source | 3,570,000Source | 5,920,000Source | 5,027,000Source |
| DepreciationUSD | 19,892,000Source | 15,301,000Source | 7,212,000Source | 5,400,000Source |
| Financing Interest ExpenseUSD | 601,000Source | 682,000Source | 313,000Source | 231,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -264,000Source | -1,651,000Source | -4,709,000Source | -2,568,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | -735,000Source |
| General and Administrative ExpenseUSD | 33,769,000Source | — | — | — |
| GoodwillUSD | — | — | 0Source | 38,481,000Source |
| Goodwill, Impairment LossUSD | — | 0Source | 38,481,000Source | — |
| Impairment of Intangible Assets, Finite-livedUSD | 3,700,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Inventory Write-downUSD | -12,000Source | 498,000Source | 62,000Source | 596,000Source |
| Net Income (Loss) Attributable to ParentUSD | -94,379,000Source | -119,902,000Source | -124,015,000Source | -111,071,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -94,782,000Source | — | — | — |
| Operating ExpensesUSD | 68,487,000Source | 63,058,000Source | 119,126,000Source | 96,741,000Source |
| Other Nonoperating Income (Expense)USD | 3,773,000Source | -2,822,000Source | 157,000Source | 189,000Source |
| Proceeds from Issuance of Common StockUSD | 3,543,000Source | — | — | — |
| Provision for Loan, Lease, and Other LossesUSD | 17,000Source | -103,000Source | 5,000Source | 114,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 48,365,000Source | 38,138,000Source | 27,557,000Source | 19,474,000Source |
| Cost of RevenueUSD | 42,505,000Source | 34,048,000Source | 25,341,000Source | 17,259,000Source |
| Selling, General and Administrative ExpenseUSD | — | 40,771,000Source | 64,559,000Source | 82,682,000Source |
| Operating Income (Loss)USD | -62,627,000Source | -58,968,000Source | -116,910,000Source | -94,526,000Source |
| Other Nonoperating Income (Expense)USD | 3,773,000Source | -2,822,000Source | 157,000Source | 189,000Source |
| Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -94,379,000Source | -119,902,000Source | -124,015,000Source | -111,071,000Source |
| Earnings Per Share, BasicUSD per share | -5.61Source | -14.14Source | -15.61Source | -1.27Source |
| Earnings Per Share, DilutedUSD per share | -5.61Source | -14.14Source | -15.61Source | -1.27Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 16,895,925Source | 8,480,247Source | 7,943,874Source | 87,114,635Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 16,895,925Source | 8,480,247Source | 7,943,874Source | 87,114,635Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,305,000Source | 3,570,000Source | 5,920,000Source | 5,027,000Source |
| Current Income Tax Expense (Benefit)USD | 0Source | 0Source | 0Source | 0Source |
| Financing Interest ExpenseUSD | 601,000Source | 682,000Source | 313,000Source | 231,000Source |
| General and Administrative ExpenseUSD | 33,769,000Source | — | — | — |
| Goodwill, Impairment LossUSD | — | 0Source | 38,481,000Source | — |
| Gross ProfitUSD | 5,860,000Source | 4,090,000Source | 2,216,000Source | 2,215,000Source |
| Interest Income (Expense), NetUSD | — | — | -25,745,000Source | -16,734,000Source |
| Interest Income (Expense), Nonoperating, NetUSD | -32,167,000Source | -58,923,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -94,782,000Source | — | — | — |
| Operating ExpensesUSD | 68,487,000Source | 63,058,000Source | 119,126,000Source | 96,741,000Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | 403,000Source | — | — | — |
| Research and Development ExpenseUSD | 25,575,000Source | 22,287,000Source | 16,086,000Source | 14,059,000Source |
| Selling and Marketing ExpenseUSD | 9,143,000Source | — | — | — |