{"schema_version":"secwatch.filing_event.v1","accession":"0001840780-25-000034","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2025-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.294571+00:00","generated_at":"2026-05-17T13:59:28.755214+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Local Bounti Q2 revenue up 28% to $12.1M; adjusted EBITDA loss narrows to $6.5M; sees positive EBITDA in early 2026","bullets":["Revenue $12.1M (+28% YoY); net loss $21.6M vs $25.3M prior year; adjusted EBITDA loss $6.5M, improved from $8.3M.","Achieved $7M in annualized expense reductions in H1 2025; targeting additional $2.5-3M in H2 2025.","Closed $10M convertible note and reduced credit facility principal by $10M after quarter end.","Texas facility reconfiguration completed; tower upgrades and seed cost reduction program ongoing.","Expects modest sequential sales growth in Q3, acceleration in Q4; positive adjusted EBITDA expected early 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001840780-25-000034","json":"https://secwatch.observer/filing/0001840780-25-000034.json","markdown":"https://secwatch.observer/filing/0001840780-25-000034.md","text":"https://secwatch.observer/filing/0001840780-25-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000184078025000034/0001840780-25-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000184078025000034/locl-20250813.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T13:59:28.755214+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"}