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

Net Loss Per Share (Tables)

Net Loss Per Share (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2022

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of Net Loss Per Share, Basic and Diluted

The following table sets forth the computation of the Company’s net loss per share attributable to stockholders (in thousands, except share and per share data):


	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Net loss	$	(31,663	)	$	(7,590	)	$	(57,435	)	$	(16,988	)
Weighted average common stock outstanding, basic and diluted		88,607,316			49,131,555			84,830,885			49,131,555

Net loss per common share, basic and diluted	$	(0.36	)	$	(0.15	)	$	(0.68	)	$	(0.35	)

The following table sets forth the computation of the Company’s net loss per share attributable to stockholders:


	Year Ended December 31, (in thousands, except share and per share data)
	2021				2020
Net loss	$	(56,093	)	$		(8,409	)
Weighted average common stock outstanding, basic and diluted		52,888,268				49,676,523

Net loss per common share, basic and diluted	$	(1.06	)	$		(0.17	)

Schedule of Antidilutive Securities Excluded from Computation of Net Loss Per Share

The following table presents the shares outstanding that could potentially dilute basic net loss per share in the future that were not included in the computation of diluted net loss per share as the impact would be anti-dilutive:


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
CIC Restricted Stock		5,270,769		11,031,294		5,332,835		10,347,458
Convertible Notes		—		2,824,167		—		1,699,657
Warrants		11,539,296		297,450		11,539,301		164,337

The following table discloses the weighted-average shares outstanding of securities that could potentially dilute basic net loss per share in the future that were not included in the computation of diluted net loss per share as the impact would be anti-dilutive:


	Year Ended December 31,
	2021		2020

CIC Restricted Stock		9,876,930		654,960
Warrants		1,556,628		—