{"schema_version":"secwatch.filing_event.v1","accession":"0001840780-22-000016","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2022-11-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.635529+00:00","generated_at":"2026-06-21T23:49:24.840832+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Local Bounti Q3 revenue $6.3M (vs $0.2M prior), net loss $27.1M; reaffirms FY22 guidance at least $20M","bullets":["Q3 2022 revenue $6.3M, up from $0.2M a year ago; net loss $27.1M vs $10.8M prior.","Adjusted EBITDA loss $7.3M vs $5.5M prior; adjusted gross margin ~38%.","Five-year offtake agreement with Sam's Club; initial shipments expected November 2022.","Closed $23.3M PIPE in Oct 2022 from Fidelity and BNP Paribas; total liquidity >$80M.","Georgia facility shipping product; Texas site selected; Pasco, WA facility on track."],"urls":{"canonical":"https://secwatch.observer/filing/0001840780-22-000016","json":"https://secwatch.observer/filing/0001840780-22-000016.json","markdown":"https://secwatch.observer/filing/0001840780-22-000016.md","text":"https://secwatch.observer/filing/0001840780-22-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000184078022000016/0001840780-22-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000184078022000016/locl-20221110.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T23:49:24.840832+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":"d46c1a66362296e6c915794283f2b173e2f4eebc","claim":"Local Bounti Corporation/DE reported the quarter ended September 30, 2022 results: revenue $6.3 million, net income Net loss was $27.1 million. Guidance reaffirmed.","evidence_excerpt":"as expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Local Bounti Announces Third Quarter 2022 Financial Results Third quarter revenue of $6.3 million, compared to $0.2 million in the prior year period Previously announced 5-year offtake agreement with Sam's Club for Local Bounti's leafy greens production Reaffirms full year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840780/000184078022000016/0001840780-22-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Revenue","value":"$6.3 million"},{"label":"Net income","value":"Net loss was $27.1 million"},{"label":"Guidance","value":"reaffirmed"},{"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"}