Local Bounti Corporation/DE (LOCL) Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount

Local Bounti Corporation/DE Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount

Local Bounti Corporation/DE (LOCL) reported Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount of -$32.00 million for the 12-month period ending 2025-12-31, per its 10-K filed 2026-03-27.

Financial Statements › Notes › Income Taxes › Components of Deferred Tax Assets and Liabilities › Components of Deferred Tax Assets

us-gaap:ValuationAllowanceDeferredTaxAssetChangeInAmount · last filed 2026-03-27

• Local Bounti Corporation/DE valuation allowance, deferred tax asset, increase (decrease), amount for fiscal 2025 was -$32.00M, a 202.89% decline from fiscal 2024.
• Local Bounti Corporation/DE valuation allowance, deferred tax asset, increase (decrease), amount for fiscal 2024 was $31.10M, a 10.12% decline from fiscal 2023.
• Local Bounti Corporation/DE valuation allowance, deferred tax asset, increase (decrease), amount for fiscal 2023 was $34.60M, a 69.61% increase from fiscal 2022.
• Local Bounti Corporation/DE valuation allowance, deferred tax asset, increase (decrease), amount for fiscal 2022 was $20.40M, a 145.78% increase from fiscal 2021.