{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-23-000372","form_type":"8-K","ticker":"LOOP","cik":"0001504678","company_name":"Loop Industries, Inc.","filed_at":"2023-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.303016+00:00","generated_at":"2026-06-20T15:58:37.809761+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Loop Q3 net loss $1.01M; sells Bécancour land for $13.9M, focuses on SKGC partnership","bullets":["Revenue of $24,924 from initial PET resin deliveries; net loss of $1.01M vs $10.1M a year ago (includes $6.7M gain on land sale).","Agreement to sell Bécancour, Quebec site for CDN $18.5M (US $13.9M); expected closing Feb 24, 2023.","Terrebonne facility hours reduced to cut costs; proceeds and cost savings expected to ensure ongoing liquidity.","Commercialization focus shifts to SK Geo Centric JV projects in Asia and Europe, with lower equity requirement.","Legal and professional fees increased $0.63M due to SEC investigation and class action suits."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-23-000372","json":"https://secwatch.observer/filing/0001654954-23-000372.json","markdown":"https://secwatch.observer/filing/0001654954-23-000372.md","text":"https://secwatch.observer/filing/0001654954-23-000372.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1504678/000165495423000372/0001654954-23-000372-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1504678/000165495423000372/loop_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T15:58:37.809761+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":[{"claim_id":"f1afc78b1d6fbee2cee29c4416431d4c4d918791","claim":"Loop Industries, Inc. reported third quarter of fiscal year 2023 results: revenue $0.02 million, net income $(1,013,073).","evidence_excerpt":") Total expenses 1,037,997 10,098,243 (9,060,246 ) Net loss $ (1,013,073 ) $ (10,098,243 ) $ 9,085,170 Revenues Revenues for the three-month period ended November 30, 2022 were $0.02 million. For the same period in 2021, there were no revenues. The revenues resulted from the delivery of initial volumes to customers of LoopTM PET resin produced using monomers","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1504678/000165495423000372/0001654954-23-000372-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter of fiscal year 2023"},{"label":"Revenue","value":"$0.02 million"},{"label":"Net income","value":"$(1,013,073)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}