Local Bounti
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Local Bounti generated cash of -$33,156,999, which is more than the previous year. Cash used in financing activities reached the amount of $187,379,000 last year. Net change in cash is therefore -$8,043,000.
Cash Flow
| 2019 | -1.11M | -3.74M | 6.99M |
|---|---|---|---|
| 2020 | -3.83M | -3.42M | 5.16M |
| 2021 | -20.10M | -29.66M | 150.80M |
| 2022 | -48.80M | -172.38M | 145.05M |
| 2023 | -33.15M | -162.26M | 187.37M |
LOCL Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 24.93M | 101.07M | 45K | 2.13M | 0 |
Operating activities | |||||
Net income | -124.01M | -111.07M | -56.09M | -8.40M | -3.40M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 13.13M | 10.42M | 684K | 287K | 0 |
Stock-based compensation expense | 16.27M | 39.16M | 17.89M | 3.29M | 1.94M |
| Deferred income tax benefit | 16.27M | 39.16M | 17.89M | 3.29M | 1.94M |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | -392K | -643K | 193K | -333K | 0 |
Inventories | -678K | -88K | -652K | -243K | 0 |
Accounts payable | -66K | 2.11M | 1.73M | 29K | 0 |
Cash generated by operating activities | -33.15M | -48.80M | -20.10M | -3.83M | -1.11M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -162.26M | -81.83M | -29.66M | -3.42M | -3.74M |
Acquisitions Net | 0 | -90.55M | 0 | 0 | 0 |
Cash generated by investing activities | -162.26M | -172.38M | -29.66M | -3.42M | -3.74M |
Financing activities | |||||
Common Stock Issued | 0 | 23.3M | 137.53M | 0 | 0 |
Payments for dividends | 0 | 0 | -27.32M | 0 | 0 |
Repurchases of common stock | -3K | 0 | 0 | -80K | 0 |
Repayments of term debt | 152.60M | 124.64M | -40.59M | -2.88M | 2.49M |
Cash used in financing activities | 187.37M | 145.05M | 150.80M | 5.16M | 6.99M |
Net Change In Cash | -8.04M | -76.13M | 101.03M | -2.09M | 2.13M |
Cash at end of period | 16.89M | 24.93M | 101.07M | 45K | 2.13M |
| Data source | Data source | Data source |