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

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

Inventory

Inventory

3 Months Ended

12 Months Ended

Mar. 31, 2022

Dec. 31, 2021

Inventory Disclosure [Abstract]

3. Inventory

Inventory consisted of the following:


		March 31,				December 31,
		2022				2021

		(in thousands)
Raw materials		$	399			$	145
Work-in-process			173				173
Finished goods			104				69
Packaging			682				467
Consignment			—				163
Inventory allowance			(95	)			(95	)

Total inventory, net		$	1,263			$	922

4. Inventory

Inventories consisted of the following:


		December 31,
		2021				2020

		(in thousands)
Raw materials		$	145			$	21
Work-in-process			173				83
Finished goods			69				5
Packaging			467				182
Consignment			163				21
Inventory allowance			(95	)			(69	)

Total inventory, net		$	922			$	243