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

Debt - Convertible Notes (Details)

v3.22.1

Debt - Convertible Notes (Details) - USD ($) $ in Thousands		12 Months Ended
Debt - Convertible Notes (Details) - USD ($) $ in Thousands	Nov. 19, 2021	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Gain on extinguishment of debt		$ (939)	$ 0
Convertible Debt \| Convertible Notes
Debt Instrument [Line Items]
Debt, face amount		$ 26,050
Interest rate percentage		8.00%
Conversion price multiplier		85.00%
Interest expense		$ 1,364
Gain on extinguishment of debt	$ 240

- Definition

Debt Instrument, Convertible, Conversion Price Multiplier

+ References

No definition available.

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- Definition

Face (par) amount of debt instrument at time of issuance.

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- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

+ References

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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

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- Definition

Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity.

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- Definition

Amount of the cost of borrowed funds accounted for as interest expense for debt.

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