General form of registration statement for all companies including face-amount certificate companies

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT)

v3.22.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Nonvoting Common Stock [Member]
Common Stock [Member]
Voting Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Beginning balance (in shares) at Dec. 31, 2019     10,291,688    
Beginning balance at Dec. 31, 2019 $ 2,554   $ 1 $ 6,293 $ (3,740)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock (in shares)     1,799,811    
Retroactive conversion of shares due to Business Combination     47,999,249    
Share redemption (in shares)     (2,014,729)    
Share redemption (11)     (11)  
Stock-based compensation 3,295   $ 0 3,295 0
Net loss (8,409)       (8,409)
Ending balance (in shares) at Dec. 31, 2020   8,944,465 58,076,019    
Ending balance at Dec. 31, 2020 (2,571) $ 0 $ 1 9,577 (12,149)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock (in shares)   2,086,829      
Stock-based compensation 4,942     4,942  
Net loss (9,398)       (9,398)
Ending balance (in shares) at Mar. 31, 2021   11,031,294 58,076,019    
Ending balance at Mar. 31, 2021 (7,027) $ 0 $ 1 14,519 (21,547)
Beginning balance (in shares) at Dec. 31, 2020   8,944,465 58,076,019    
Beginning balance at Dec. 31, 2020 (2,571) $ 0 $ 1 9,577 (12,149)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of common stock (in shares)     1,182,129    
Merger recapitalization, net of issuance costs (in shares)     23,817,279    
Merger recapitalization, net of issuance costs $30,422 137,531   $ 8 137,523 0
Vesting of restricted stock units, net (in shares)     45,386    
Cash distribution to Legacy Local Bounti shareholders (27,320)     (27,320)  
Conversion of Convertible Notes to common stock (in shares)     3,224,068    
Conversion of Convertible Notes to common stock 32,241   $ 0 32,241 0
Stock-based compensation 17,895     17,895  
Net loss (56,093)       (56,093)
Ending balance (in shares) at Dec. 31, 2021   0 86,344,881    
Ending balance at Dec. 31, 2021 101,683 $ 0 $ 9 169,916 (68,242)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Vesting of restricted stock units, net (in shares)     120,876    
Stock-based compensation 11,042     11,042  
Net loss (25,772)       (25,772)
Ending balance (in shares) at Mar. 31, 2022   0 86,465,757    
Ending balance at Mar. 31, 2022 $ 86,953 $ 0 $ 9 $ 180,958 $ (94,014)