LOCLW: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, LOCLW has $417,761K in assets. $575,900K in debts. $6,199K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	6,199	5,286
Restricted cash	6,512	7,885
Accounts receivable, net	2,424	2,438
Inventory, net	6,824	7,028
Prepaid expenses and other current assets	2,174	2,310
Total current assets	24,133	24,947
Property and equipment, net	361,807	365,262
Finance lease right-of-use assets	230	246
Operating lease right-of-use assets	53	59
Intangible assets, net	31,406	35,999
Other assets	132	261
Total assets	417,761	426,774

Accounts payable	9,234	9,527
Accrued liabilities	4,890	9,673
Short-term debt	0	0
Financing obligation	79	69
Operating lease liabilities	31	31
Finance lease liabilities	81	81
Total current liabilities	14,315	19,381
Principal amount	312,000	312,000
Plus debt premium, net of amortization	174,416	166,330
Less debt discount, net of amortization	1,562	0
Less unamortized deferred financing costs	0	-
Long-term debt, net	484,854	478,330
Accrued interest, noncurrent	9,974	-
Financing obligation, noncurrent	50,286	50,152
Operating lease liabilities, noncurrent	34	39
Finance lease liabilities, noncurrent	166	182
Warrant liability	16,271	11,412
Total liabilities	575,900	559,496
Common stock, 0.0001 par value, 400,000,000 shares authorized, 22,124,733 and 8,656,122 issued and outstanding as of september30, 2025 and december31, 2024, respectively	2	2
Additionalpaid-incapital	350,771	349,758
Accumulated deficit	-508,912	-482,482
Total stockholders' deficit	-158,139	-132,722
Total liabilities and stockholders' deficit	417,761	426,774

Unit: Thousand (K) dollars