{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-145098","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2022-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:04:02.755404+00:00","generated_at":"2026-06-25T22:38:47.330180+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Local Bounti Q1 sales $282K, net loss $25.8M; reaffirms FY2022 guidance of at least $20M","bullets":["Sales of $282K vs $57K prior year; gross margin 17% (39% adjusted gross margin excluding depreciation).","Net loss $25.8M, including $3.9M acquisition costs and $11.0M stock-based compensation; adjusted EBITDA loss $8.5M.","Closed Pete's acquisition on April 4 for $122.5M; Pete's Q1 stand-alone sales $5.9M, FY2021 sales $22.7M.","Georgia facility Phase 1-A to commence operations July 2022; Phase 1-B construction starts June 2022 with Stack & Flow integration.","Cash and equivalents $76.4M at quarter end; 86.5M shares outstanding; 11.5M warrants and ~10M RSUs."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-145098","json":"https://secwatch.observer/filing/0001193125-22-145098.json","markdown":"https://secwatch.observer/filing/0001193125-22-145098.md","text":"https://secwatch.observer/filing/0001193125-22-145098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000119312522145098/0001193125-22-145098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000119312522145098/d355506d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T22:38:47.330180+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}