Financial insights of LOCL

MyFinsight

For the quarter ending 2025-09-30, LOCL made $12,200,000 in revenue. -$26,430,000 in net income. Net profit margin of -216.64%.

Unit: Dollar

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-12-31
Sales	12,200,000	12,103,000	11,605,000	9,226,500
Cost of goods sold	10,794,000	10,631,000	10,144,000	8,563,500
Gross profit	1,406,000	1,472,000	1,461,000	663,000
Selling, general and administrative	-	-	-	8,863,500
Research and development	6,677,000	6,485,000	6,977,000	5,336,000
Sales and marketing	2,441,000	2,392,000	2,114,000	-
General and administrative	10,509,000	8,045,000	8,104,000	-
Total operating expenses	19,627,000	16,922,000	17,195,000	14,199,500
Interest expense, net	-	-	-	-14,055,500
Loss from operations	-18,221,000	-15,450,000	-15,734,000	-13,536,500
Change in fair value of warrant liability	3,358,000	1,499,000	3,510,000	1,103,000
Interest expense, net	-4,560,000	-4,602,000	-18,838,000	-
Other (expense) income	-291,000	-26,000	407,000	-1,459,000
Net loss	-26,430,000	-21,577,000	-37,675,000	-30,154,000
Less deemed dividend to preferred stockholders	0	0	403,000	-
Net loss attributable to common stockholders	-26,430,000	-21,577,000	-38,078,000	-

Basic (in dollars per share)	-1.18	-1.63	-4.32	-3.565
Basic (in shares)	22,481,564	13,270,197	8,808,594	-4,249,974.5
Diluted (in dollars per share)	-1.18	-1.63	-4.32	-3.565
Diluted (in shares)	22,481,564	13,270,197	8,808,594	-4,249,974.5