Core Insights - Local Bounti Corporation reported a 27% annual revenue growth for 2025, achieving $48.4 million in sales compared to $38.1 million in 2024, alongside improvements in net loss and adjusted EBITDA [8][17] - The company is advancing discussions for strategic retail partnerships, reflecting a positive shift in market perception towards controlled environment agriculture (CEA) [2][12] - Local Bounti secured an additional $15 million in growth capital from an existing strategic investor, indicating confidence in its business model and growth trajectory [13][14] Financial Performance - Fourth quarter sales increased by 24% to $12.5 million from $10.1 million year-over-year, driven by enhanced production and sales growth from facilities in Georgia, Texas, and Washington [8][30] - Gross profit for the fourth quarter rose 182% to $1.5 million, with an adjusted gross margin percentage increasing to 29% from 25% in the previous year [8][30] - The net loss for the fourth quarter decreased to $8.7 million from $36.3 million in the prior year, primarily due to a reduction in net interest expense [8][30] Operational Developments - The company operates three state-of-the-art facilities at full capacity, contributing to its financial performance and operational efficiency [2] - Local Bounti launched a family-sized 10-ounce Romano Caesar Salad Kit, achieving a 75% increase in sales velocity during the fourth quarter [4] - The company expanded its retail presence to approximately 13,000 retail doors and secured new accounts expected to launch in 2026 [6] Cost Management - General and administrative expenses decreased by $1.0 million to $7.1 million in the fourth quarter, attributed to cost-saving measures [8][30] - For the full year, adjusted general and administrative expenses decreased by 9% to $18.5 million, excluding an intangible impairment of $3.7 million [8][30] Yield and Capacity Enhancements - Local Bounti completed tower upgrades at its facilities, resulting in a 10% increase in run-rate yield capacity [9] - The company is investing in its California facilities to improve operational efficiency, potentially increasing yields by up to 20% [10] Intellectual Property - In February 2026, Local Bounti was issued a U.S. patent for optimizing growing processes using computer vision and AI, enhancing its competitive position in the CEA sector [12] Capital Structure - As of December 31, 2025, the company had cash and cash equivalents of $10.7 million and underwent significant capital restructuring, improving its financial flexibility [13][14] - The company reduced its annualized expenses by nearly $10 million during 2025, including operating expenses and cost of goods sold [8][14] Future Outlook - Local Bounti anticipates continued revenue growth and improvements in adjusted EBITDA loss rate in 2026, with a focus on achieving positive adjusted EBITDA [17]

Core Viewpoint - Local Bounti Corporation will release its financial results for the fiscal year ended December 31, 2025, on March 25, 2026, before market opening [1] Financial Results Announcement - The financial results will be discussed in a conference call scheduled for 8:00 a.m. ET on March 25, 2026 [1] - Participants can join the call via specific North American and international dial-in numbers [1][2] Company Overview - Local Bounti is an innovative U.S. indoor agriculture company utilizing patented Stack & Flow Technology® to enhance crop turns, output, and unit economics [3] - The company operates advanced indoor growing facilities across the U.S., servicing approximately 13,000 retail doors [3] - Local Bounti's sustainable methods use 90% less land and 90% less water compared to conventional farming, aiming to revolutionize agriculture and ensure access to fresh, sustainable produce [3]

Core Viewpoint - Local Bounti Corporation has secured $15 million in new capital through a convertible note with an existing strategic investor, which will support its growth strategy and operational investments [1][2]. Group 1: Financial Details - The company issued a convertible note to raise $15 million, enhancing its financial flexibility for future investments [1][2]. - The terms of the financing agreement are detailed in the Company's Current Report on Form 8-K filed with the SEC [2]. Group 2: Company Overview - Local Bounti is an innovative indoor agriculture company utilizing patented Stack & Flow Technology® to improve crop yields and unit economics [3]. - The company operates advanced indoor growing facilities across the U.S., servicing approximately 13,000 retail doors [3]. - Local Bounti's sustainable farming methods use 90% less land and 90% less water compared to conventional farming, aiming to revolutionize agriculture and ensure accessibility to fresh produce [3].

Core Viewpoint - Local Bounti Corporation has received a notice from the NYSE regarding non-compliance with continued listing standards due to its market capitalization and stockholders' equity being below $50 million [1] Group 1: NYSE Compliance - On February 5, 2026, Local Bounti received a notice from the NYSE indicating it is not in compliance with the Minimum Market Capitalization Standard [1] - The company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million, and its stockholders' equity was also below $50 million [1] - Local Bounti plans to submit a compliance plan to the NYSE within 45 days, aiming to regain compliance within nine months [1] Group 2: Impact and Future Actions - The notice does not have an immediate impact on the trading of Local Bounti's common stock, which will continue to trade during the Market Capitalization Cure Period [1] - The company is exploring all available options to regain compliance with NYSE standards but cannot guarantee success [1] Group 3: Company Overview - Local Bounti is an innovative indoor agriculture company utilizing patented Stack & Flow Technology® to enhance crop yields and improve unit economics [1] - The company operates advanced indoor growing facilities across the U.S., servicing approximately 13,000 retail doors [1] - Local Bounti's sustainable farming methods use 90% less land and water compared to conventional farming, aiming to provide fresh, nutritious produce [1]

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 ...