{"schema_version":"secwatch.filing_event.v1","accession":"0001840780-25-000013","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.072687+00:00","generated_at":"2026-05-21T09:59:32.795504+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Local Bounti Q1 revenue up 38% to $11.6M; targets positive adj. EBITDA by Q3 2025","bullets":["Sales $11.6M (+38% YoY); net loss $37.7M vs $24.1M; adj. EBITDA loss $8.8M.","Secured $25M equity; restructured $312M debt with 10-year term, no cash interest/principal until April 2027.","Guides Q2 sales $12.0-12.5M; reaffirms path to positive adj. EBITDA in Q3 2025.","Expanded retail: Walmart (13 DCs for butter lettuce), Brookshire's (80 stores), HEB, new salad kits.","Texas facility reconfiguration near completion; expects yield improvements in second half."],"urls":{"canonical":"https://secwatch.observer/filing/0001840780-25-000013","json":"https://secwatch.observer/filing/0001840780-25-000013.json","markdown":"https://secwatch.observer/filing/0001840780-25-000013.md","text":"https://secwatch.observer/filing/0001840780-25-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000184078025000013/0001840780-25-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000184078025000013/locl-20250514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T09:59:32.795504+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"}