{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-051320","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2025-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.750112+00:00","generated_at":"2026-05-16T21:31:48.361766+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Local Bounti Q3 revenue $12.2M (+19% YoY); adjusted EBITDA loss narrows to $7.2M","bullets":["Revenue $12.2M, up 19% YoY; net loss $26.4M improved from $34.3M.","Adjusted EBITDA loss improved to $7.2M from $8.4M; targeting positive adj. EBITDA early 2026.","Reduced year-to-date annualized expenses by ~$8M; additional $1.5-2M reduction expected in Q4 2025.","Cash, cash equivalents, and restricted cash $12.7M as of Sept 30; closed $10M convertible note in Aug 2025.","Texas facility reconfiguration complete; automated harvesting operational; labor productivity up ~19%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-051320","json":"https://secwatch.observer/filing/0001628280-25-051320.json","markdown":"https://secwatch.observer/filing/0001628280-25-051320.md","text":"https://secwatch.observer/filing/0001628280-25-051320.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000162828025051320/0001628280-25-051320-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000162828025051320/locl-20251112.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T21:31:48.361766+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"}