Local Bounti Files 2024 10-K
Ticker: LOCLW · Form: 10-K · Filed: Mar 31, 2025 · CIK: 1840780
| Field | Detail |
|---|---|
| Company | Local Bounti Corporation/De (LOCLW) |
| Form Type | 10-K |
| Filed Date | Mar 31, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, agriculture
TL;DR
Local Bounti dropped its 2024 10-K. Check financials for FY24 vs FY23.
AI Summary
Local Bounti Corporation filed its 2024 10-K on March 31, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Leo Holdings III Corp., is incorporated in Delaware and operates in agriculture production. Key financial data for the fiscal year 2024 and 2023 are presented, including cost of sales, research and development expenses, and selling, general, and administrative expenses.
Why It Matters
This filing provides investors with a comprehensive overview of Local Bounti's financial performance and operational status for the fiscal year 2024, crucial for understanding the company's trajectory.
Risk Assessment
Risk Level: medium — As a publicly traded company filing a 10-K, there are inherent risks associated with financial performance, market conditions, and operational execution.
Key Numbers
- 2024 — Fiscal Year (Reporting period for the 10-K)
- 2023 — Fiscal Year (Comparative period in the 10-K)
Key Players & Entities
- Local Bounti Corporation/DE (company) — Filer of the 10-K
- Leo Holdings III Corp. (company) — Former company name
- 2024-12-31 (date) — Fiscal year end
- 2025-03-31 (date) — Filing date
FAQ
What were Local Bounti's total revenues for the fiscal year 2024?
The provided text does not contain specific revenue figures for fiscal year 2024.
What was the net income or loss for Local Bounti in fiscal year 2024?
The provided text does not contain specific net income or loss figures for fiscal year 2024.
What are the specific dollar amounts for Cost of Sales in 2024 and 2023?
The provided text indicates that Cost of Sales data is present for 2024 and 2023, but the specific dollar amounts are not listed in this excerpt.
What is the company's primary business activity?
Local Bounti Corporation's primary business activity is AGRICULTURE PRODUCTION - CROPS, as indicated by its SIC code.
When did the company change its name from Leo Holdings III Corp.?
The company changed its name from Leo Holdings III Corp. on January 15, 2021.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 31, 2025 regarding Local Bounti Corporation/DE (LOCLW).