Revenue: As of FY2025 Q1, the actual value is USD 11.61 M.EPS: As of FY2025 Q1, the actual value is USD -4.32.<h3>Segment Revenue</h3><ul><li>Sales: $11,605 thousand for the three months ended March 31, 2025, compared to $8,383 thousand for the same period in 2024, representing a 38% increase.</li></ul><h3>Operational Metrics</h3><ul><li>Gross Profit: $1,461 thousand for the three months ended March 31, 2025, compared to $786 thousand for the same period in 2024, representing an 86% increase.</li><li>Loss from Operations: - $15,734 thousand for the three months ended March 31, 2025, compared to - $10,299 thousand for the same period in 2024, representing a 53% increase in loss.</li><li>Net Loss: - $37,675 thousand for the three months ended March 31, 2025, compared to - $24,050 thousand for the same period in 2024, representing a 57% increase in loss.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: - $9,553 thousand for the three months ended March 31, 2025, compared to - $7,083 thousand for the same period in 2024.</li><li>Net Cash Used in Investing Activities: - $4,962 thousand for the three months ended March 31, 2025, compared to - $34,985 thousand for the same period in 2024.</li><li>Net Cash Provided by Financing Activities: $35,462 thousand for the three months ended March 31, 2025, compared to $39,904 thousand for the same period in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Interest Expense, Net: - $18,838 thousand for the three months ended March 31, 2025, compared to - $9,608 thousand for the same period in 2024, representing a 96% increase.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Local Bounti plans to continue increasing production capacity and expanding reach to new markets and customers through building new facilities, expanding existing ones, or acquiring greenhouse facilities to update with Stack &amp; Flow Technology®.</li><li>Non-Core Business: The company is exploring expanding product offerings to new varieties of fresh greens, herbs, berries, and other produce, and evaluating commercial opportunities as part of expansion efforts.</li></ul>

LOCAL BOUNTI CORPORATION | 10-Q: FY2025 Q1 Revenue: USD 11.61 M