Loop Industries(LOOP) - 2025 Q1 - Quarterly Results

EX-99.1 2 loop_ex991.htm PRESS RELEASE EXHIBIT 99.1 Commercialization Update The Company's financial results for the quarter ended May 31, 2024 include $5.2 million of total expenses, which include the significant legal expenses incurred to execute the final agreements with Ester and Reed, and project costs related to the deployment of Loop's technology. Excluding these items, and non-cash expenses, the remaining expenses amount to $3.2 million for the current quarter. The Company projects that the prospect ...