loclw: the income statement

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Local Bounti Corporation DE (LOCLW)

For the quarter ending 2025-06-30, LOCLW made $12,103K in revenue. -$21,577K in net income. Net profit margin of -178.28%.

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

	2025-06-30
Sales	12,103
Cost of goods sold	10,631
Gross profit	1,472
Sales and marketing	2,392
Research and development	6,485
General and administrative	8,045
Total operating expenses	16,922
Loss from operations	-15,450
Interest expense, net	-4,602
Change in fair value of warrant liability	1,499
Other (expense) income	-26
Net loss	-21,577
Less deemed dividend to preferred stockholders	-
Net loss attributable to common stockholders	-21,577

Basic (in dollars per share)	-1.63
Basic (in shares)	13,270,197
Diluted (in dollars per share)	-1.63
Diluted (in shares)	13,270,197

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