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

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Property and Equipment (Details)

v3.22.1

Property and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
Property and Equipment (Details) - USD ($) $ in Thousands	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Right-of-use asset (lease)			$ 55
Less: Accumulated depreciation	$ (1,512)		(971)	$ (287)
Property and equipment, net	43,994		37,350
Property and equipment, net			37,405	8,423
Depreciation	541	$ 124	684	287
Greenhouse Facility
Property, Plant and Equipment [Line Items]
Property and equipment, gross	11,033		10,194	5,203
Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	4,986		3,683	1,621
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,991		4,122	345
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	3,947		3,947	0
Construction-in-progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 21,549		$ 16,375	$ 1,541

- Definition

Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization.

+ References

No definition available.

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- Definition

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

+ References

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- Definition

Amount, before accumulated amortization, of right-of-use asset from finance lease.

+ References

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- Definition

Amount of accumulated depreciation and amortization from plant, property, and equipment and right-of-use asset from finance lease.

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Amount, after accumulated depreciation and amortization, of property, plant, and equipment and finance lease right-of-use asset.

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- Definition

Amount before accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.

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