---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-007598"
form_type: "8-K"
ticker: "LOOP"
cik: "0001504678"
company_name: "Loop Industries, Inc."
filed_at: "2022-05-27T23:59:59+00:00"
generated_at: "2026-06-25T06:17:17.113638+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Loop Industries FY2022 net loss widens to $44.9M; legal settlement and joint venture loss weigh

## Summary
- Net loss of $44.9M for FY2022 vs $36.3M prior year; Q4 net loss $14.3M; no revenue.
- Recorded $2.52M contingency loss for class action settlement and $1.12M loss from Indorama joint venture.
- Completed Terrebonne facility upgrades; multi-year supply agreement with Danone and supply deal with On AG.
- Basic Design Package and Class 3 estimate completed for Infinite Loop™; Bécancour site prep done; seeking financing.
- Cash and equivalents $44.1M; weighted average shares 45.3M.

## SEC filing metadata
- accession: 0001654954-22-007598
- form_type: 8-K
- ticker: LOOP
- cik: 0001504678
- company_name: Loop Industries, Inc.
- filed_at: 2022-05-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504678/000165495422007598/0001654954-22-007598-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504678/000165495422007598/loop_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-007598
- JSON: https://secwatch.observer/filing/0001654954-22-007598.json
- Plain text: https://secwatch.observer/filing/0001654954-22-007598.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.