For the quarter ending 2025-09-30, LOCL made $12,200K in revenue. -$26,430K in net income. Net profit margin of -216.64%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Sales | 12,200 | 12,103 | 11,605 | 8,611* |
| Cost of goods sold | 10,794 | 10,631 | 10,144 | 8,667* |
| Gross profit | 1,406 | 1,472 | 1,461 | -56* |
| Selling, general and administrative | - | - | - | 6,205* |
| Research and development | 6,677 | 6,485 | 6,977 | 4,865* |
| Sales and marketing | 2,441 | 2,392 | 2,114 | - |
| General and administrative | 10,509 | 8,045 | 8,104 | - |
| Total operating expenses | 19,627 | 16,922 | 17,195 | 11,069* |
| Interest expense, net | - | - | - | -12,705* |
| Loss from operations | -18,221 | -15,450 | -15,734 | -11,125* |
| Change in fair value of warrant liability | 3,358 | 1,499 | 3,510 | 3,715* |
| Interest expense, net | -4,560 | -4,602 | -18,838 | - |
| Other (expense) income | -291 | -26 | 407 | -2,966* |
| Net loss | -26,430 | -21,577 | -37,675 | -30,511 |
| Less deemed dividend to preferred stockholders | 0 | 0 | 403 | - |
| Net loss attributable to common stockholders | -26,430 | -21,577 | -38,078 | - |
| Basic EPS | -1.18 | -1.63 | -4.32 | -3.606 |
| Diluted EPS | -1.18 | -1.63 | -4.32 | -3.606 |
| Basic Average Shares | 22,481,564 | 13,270,197 | 8,808,594 | 8,460,545 |
| Diluted Average Shares | 22,481,564 | 13,270,197 | 8,808,594 | 8,460,545 |
Local Bounti Corporation DE (LOCL)
Local Bounti Corporation DE (LOCL)