Every 10-Q that Local Bounti Corporation (LOCL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LOCL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LOCL filings page.
Local Bounti Corporation reported higher sales but continued losses for the six months ended June 30, 2026. Sales rose to $27.2 million from $23.7 million, driven by increased production at facilities in Georgia, Texas, and Washington. However, cost of goods sold grew faster than revenue, and gross profit slipped to $2.6 million.
The company posted a six‑month net loss of $32.5 million, a substantial improvement from $59.3 million a year earlier, helped by lower research and development, general and administrative spending, and a sharp reduction in interest expense after restructuring its debt. Cash and restricted cash totaled $10.1 million, while long‑term debt stood at $489.3 million, including a $302.8 million Senior Facility, contributing to a stockholders’ deficit of $196.9 million.
Management evaluated going‑concern conditions and believes that existing cash, expected cash from product sales, and a $12.5 million August 2026 convertible note and warrant financing will fund operations for at least 12 months. A prior minimum liquidity covenant breach under the Cargill Senior Facility was waived, and the covenant was reset. The company continues to focus on yield improvements, cost reductions, and expanding distribution to approximately 13,000 retail locations.
Local Bounti Corporation reported higher sales but continued losses for the quarter ended March 31, 2026. Revenue rose to $13.3 million from $11.6 million, driven by increased production at facilities in Georgia, Texas, and Washington. Gross profit was $1.5 million, roughly flat year over year.
Net loss narrowed to $12.7 million from $37.7 million, helped by a sharp drop in interest expense and a $5.2 million non‑cash gain from warrant revaluation. Cash, cash equivalents, and restricted cash were $18.8 million, against long‑term debt of $490.8 million and a stockholders’ deficit of $178.0 million. The company added a new $15.0 million convertible note, continues to invest in yield improvements and product expansion, and discloses ongoing liquidity needs and NYSE market‑capitalization compliance risk.
Local Bounti Corporation reported third-quarter results reflecting higher sales alongside ongoing losses and capital restructuring. Sales were $12.2 million (up 19% year over year) as new Texas and Washington facilities ramped and Georgia delivered growth. Gross profit was $1.4 million, roughly flat, as costs rose with expansion.
Operating expenses were stable year over year, but included a $3.7 million impairment from retiring the Pete’s trade name. The company posted a net loss of $26.4 million, narrower than a year ago, aided by sharply lower interest expense after debt amendments. Cash and restricted cash totaled $12.7 million at quarter end.
Debt was restructured with Cargill Financial: principal reductions and amended terms left $302.0 million outstanding under the Senior Facility, with a related accounting debt premium amortized against future interest. A $10.0 million convertible note was issued with a warrant for 550,000 shares. Shares outstanding were 22,271,082 as of November 10, 2025. Management highlighted facility reconfiguration in Texas, yield upgrades across the network, and targeted cost reductions into 2026.