secwatch.observer — SEC 8-K summary
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Issuer:     Loop Industries, Inc. (LOOP)
CIK:        0001504678
Form:       8-K
Filed at:   2022-07-14T23:59:59+00:00
Accession:  0001654954-22-009657
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Loop Industries Q1 net loss widens to $18.0M ($0.38/shr) on $0 revenue; progress on commercial facilities
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- Net loss of $18.0M vs $12.2M a year ago; diluted EPS loss of $0.38 vs $0.29.
- Revenue was $0 in both periods; company is pre-commercial.
- Loss increase driven by $8.45M stock-based compensation from RSU milestone achievement.
- Cash & equivalents $32.4M, down from $44.1M at Feb. 28, 2022.
- Terrebonne facility producing Loop PET for consumer brands; Infinite Loop projects advancing in North America, Europe, and Asia.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504678/000165495422009657/0001654954-22-009657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504678/000165495422009657/loop_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-009657

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer