{"schema_version":"secwatch.filing_event.v1","accession":"0001840780-24-000022","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2024-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.838234+00:00","generated_at":"2026-05-31T09:49:13.372068+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Local Bounti Q2 revenue +31% to $9.4M; net loss $25.3M; reiterates FY guidance","bullets":["Revenue $9.4M (+31% YoY); operating loss improved to $13.9M from $19.4M.","Net loss $25.3M vs $10.7M (prior-year included $15.2M non-cash warrant benefit); adj. EBITDA loss $7.5M.","Reiterates FY2024 sales guidance $50-60M; targets positive adjusted EBITDA early 2025.","Negotiating up to $175M additional financing (total ~$400M) for expansion and working capital; closing expected Q3 2024.","Began shipping to Sam's Club (6 DCs) and Brookshire's from new Texas facility; Salad Kits expanding to ~700 doors."],"urls":{"canonical":"https://secwatch.observer/filing/0001840780-24-000022","json":"https://secwatch.observer/filing/0001840780-24-000022.json","markdown":"https://secwatch.observer/filing/0001840780-24-000022.md","text":"https://secwatch.observer/filing/0001840780-24-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000184078024000022/0001840780-24-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000184078024000022/locl-20240813.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:49:13.372068+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"}