| Balance Sheets | 2025-08-31 | 2025-05-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 7,310 | - | ||
| Accounts receivable and other (note 3) | 902 | - | ||
| Inventories | 86 | 86 | ||
| Cash and cash equivalents | - | 9,748 | ||
| Accounts receivable (note 3) | - | 974 | ||
| Prepaid expenses (note 4) | 502 | 507 | ||
| Total current assets | 8,800 | 11,315 | ||
| Investments in joint ventures | 936 | - | ||
| Intangible assets, net (note 6) | - | 1,840 | ||
| Property, plant and equipment, net (note 5) | 1,754 | 1,787 | ||
| Investments in joint ventures (note 9) | - | 979 | ||
| Intangible assets, net (note 6) | 1,800 | - | ||
| Total assets | 13,290 | 15,921 | ||
| Current portion of long-term debt (note 11) | - | 409 | ||
| Accounts payable and accrued liabilities (note 8) | 3,335 | 3,513 | ||
| Unearned revenue | 102 | 102 | ||
| Current portion of long-term debt (note 11)-Debt Excluding Credit Facility | 464 | - | ||
| Total current liabilities | 3,901 | 4,024 | ||
| Due to customer | 865 | - | ||
| Series b convertible preferred stock (note 10) | 11,328 | - | ||
| Long-term debt (note 11) | 2,664 | 2,786 | ||
| Due to customer | - | 848 | ||
| Series b convertible preferred stock (note 10) | - | 10,987 | ||
| Total liabilities | 18,758 | 18,645 | ||
| Common stock par value 0.0001 250,000,000 shares authorized 47,863,478 shares issued and outstanding (february 28, 2025 47,620,263) (note 12) | 5 | 5 | ||
| Additional paid-in capital | 194,370 | 193,904 | ||
| Accumulated deficit | -198,678 | -195,474 | ||
| Accumulated other comprehensive loss | -1,165 | -1,159 | ||
| Total stockholders equity (deficit) | -5,468 | -2,724 | ||
| Total liabilities and stockholders equity (deficit) | 13,290 | 15,921 | ||
Loop Industries, Inc. (LOOP)
Loop Industries, Inc. (LOOP)