Core Insights - Local Bounti Corporation reported a 19% year-over-year revenue growth, reaching $12.2 million in the third quarter of 2025, driven by increased production and sales from its facilities in Georgia, Texas, and Washington [12][2][3] - The company is advancing strategic partnerships to enable capital-efficient expansion and enhance returns, indicating a shift in the marketplace perception of controlled environment agriculture (CEA) from emerging technology to essential infrastructure [2][8] - Local Bounti aims to achieve positive adjusted EBITDA by early 2026, supported by ongoing cost reduction initiatives and sales growth [18][2] Financial Performance - The adjusted EBITDA loss improved to $7.2 million in Q3 2025, compared to a loss of $8.4 million in the prior year period [12][31] - General and administrative expenses decreased by 26% year-over-year to $4.1 million, excluding non-core items [12][30] - The net loss for Q3 2025 was $26.4 million, an improvement from a net loss of $34.3 million in the same period last year [12][31] Operational Updates - The Texas facility has been reconfigured to produce both head lettuce and cut products, achieving full harvestable capacity and increasing labor productivity by approximately 19% [5][6] - Planned tower upgrades across facilities are expected to enhance production efficiency and yield capacity, with management anticipating yield increases of over 10% [6][8] - The company has targeted additional cost reductions of $1.5 to $2 million, expected to be realized in the first half of 2026 [7][8] Product Development - Local Bounti expanded its salad kit line distribution in the Pacific Northwest and launched new grab-and-go offerings, indicating strong demand for convenient meal options [10][11] - The company introduced a family-sized 10oz Romano Caesar Salad Kit in October 2025, aligning with its strategy to offer multi-serve products at scale [11][10] Capital Structure - As of September 30, 2025, Local Bounti had cash and cash equivalents of $12.7 million and completed a $10 million financing through a convertible note agreement [13][14] - The company restructured its debt, resulting in a new $312 million senior secured debt agreement with no cash interest or principal payments until April 2027 [15][16] Intellectual Property - Local Bounti is advancing its intellectual property portfolio, with a patent application related to optimizing growing processes expected to be issued by December 2025 [9][8]

Core Insights - Local Bounti Corporation, a U.S. indoor agriculture company, will release its financial results for the fiscal third quarter on November 12, 2025, before market opens [1] - A conference call will be held on the same day at 8:00 a.m. ET to discuss the financial results and business updates [2] - The call will be available via webcast and archived online, with a telephonic playback option available until November 19, 2025 [3] Company Overview - Local Bounti is innovating indoor farming through its patented Stack & Flow Technology, which enhances crop turns, increases output, and improves unit economics [4] - The company operates advanced indoor growing facilities across the U.S., servicing approximately 13,000 retail doors [4] - Local Bounti's sustainable methods use 90% less land and 90% less water compared to conventional farming, aiming to provide fresh, sustainable produce while benefiting the environment [4]

Core Insights - Local Bounti Corporation has appointed Dane Almassy as Chief Commercial Officer, effective August 25, 2025, to enhance its leadership team and drive growth [1][2][3] Company Overview - Local Bounti is an innovative indoor agriculture company utilizing patented Stack & Flow Technology® to improve crop yields and unit economics, operating advanced facilities across the U.S. and servicing approximately 13,000 retail locations [5] - The company emphasizes sustainable practices, using 90% less land and water compared to conventional farming, with a mission to provide fresh, locally grown produce [5] Leadership and Experience - Dane Almassy brings over 20 years of experience in the fresh produce and controlled environment agriculture (CEA) sectors, having held senior roles at PepsiCo, WhiteWave Foods, and AeroFarms [2][3] - His expertise includes strategic growth, operational efficiency, and brand development, which will be instrumental in expanding Local Bounti's distribution and customer relationships [2][3] Strategic Goals - Almassy aims to leverage his experience to deepen relationships with strategic retail customers and drive long-term growth, aligning with Local Bounti's commitment to quality and innovation [2][3]

Core Viewpoint - Local Bounti Corporation is set to release its financial results for the fiscal second quarter on August 13, 2025, indicating ongoing developments in the indoor agriculture sector [1]. Financial Results Announcement - The financial results will be announced before the market opens on August 13, 2025 [1]. - A conference call will be held at 8:00 a.m. ET on the same day to discuss the results and business updates [2]. Conference Call Details - The conference call will be accessible to North American listeners at (877) 514-3623 and international listeners at +1 (201) 689-8768 [2]. - The call will also be available via live webcast on the Company's website and archived for later access [3]. - Telephonic playback will be available until August 20, 2025, with specific dial-in numbers provided for North American and international listeners [3]. Company Overview - Local Bounti is innovating indoor farming through its patented Stack & Flow Technology®, which enhances crop turns and improves unit economics [4]. - The company operates advanced indoor growing facilities across the U.S., servicing approximately 13,000 retail doors [4]. - Local Bounti's sustainable methods use 90% less land and water compared to conventional farming, aligning with its mission to provide fresh, sustainable produce [4].

S-1 1 edbl_s1.htm FORM S-1 As filed with the Securities and Exchange Commission on April 26, 2024. REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 EDIBLE GARDEN AG INCORPORATED (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (Primary standard industrial classification code number) Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 Delaware 100 85-0558704 (I.R.S. employer identifi ...