Local Bounti Corporation Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical)

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Total stock-based compensation expense, net of amounts capitalized	$ 5,191	$ 3,348
Total depreciation and amortization	23,197	18,871
Cost of goods sold
Total stock-based compensation expense, net of amounts capitalized	124	73
Total depreciation and amortization	8,142	6,137
Research and development
Total stock-based compensation expense, net of amounts capitalized	232	274
Total depreciation and amortization	9,933	7,631
Sales and marketing
Total stock-based compensation expense, net of amounts capitalized	441	(13)
General and administrative
Total stock-based compensation expense, net of amounts capitalized	4,394	3,014
Selling, general and administrative
Total depreciation and amortization	$ 5,122	$ 5,103

The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets.

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