Local Bounti Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Debt - Narrative (Details)

Debt - Narrative (Details) $ / shares in Units, shares in Millions		3 Months Ended
	Mar. 31, 2023 USD ($)	Mar. 31, 2023 USD ($)	Mar. 28, 2023 USD ($) qtr $ / shares shares	Mar. 13, 2023 USD ($)	Jan. 06, 2023 USD ($)	Dec. 31, 2022 USD ($)	Apr. 04, 2022 USD ($)
Debt Instrument [Line Items]
Warrant liability	$ 25,697,000	$ 25,697,000				$ 0
March 2023 Cargill Warrant \| Measurement Input, Exercise Price
Debt Instrument [Line Items]
Warrants, measurement input	1.00	1.00
March 2023 Cargill Warrant \| Measurement Input, Share Price
Debt Instrument [Line Items]
Warrants, measurement input	0.45	0.45
March 2023 Cargill Warrant \| Measurement Input, Expected Term
Debt Instrument [Line Items]
Warrants, measurement input	5	5
March 2023 Cargill Warrant \| Measurement Input, Volatility
Debt Instrument [Line Items]
Warrants, measurement input	1.35	1.35
March 2023 Cargill Warrant \| Measurement Input, Risk Free Rate
Debt Instrument [Line Items]
Warrants, measurement input	0.0363	0.0363
March 2023 Cargill Warrant \| Measurement Input, Dividend Yield
Debt Instrument [Line Items]
Warrants, measurement input	0	0
Loans Payable \| First Amendment of the Credit Agreements
Debt Instrument [Line Items]
Debt covenant, minimum liquidity amount							$ 20,000,000
Loans Payable \| Fourth Amendment of the Credit Agreements
Debt Instrument [Line Items]
Debt covenant, minimum liquidity amount					$ 11,000,000
Loans Payable \| Fifth Amendment of the Credit Agreements
Debt Instrument [Line Items]
Debt covenant, minimum liquidity amount				$ 1,000,000
Debt covenant, debt service reserve account requirement				11,000,000
Debt, face amount				$ 170,000,000
Loans Payable \| Sixth Amendment To Original Credit Agreement
Debt Instrument [Line Items]
Debt covenant, debt service reserve account requirement			$ 0
Debt, face amount			$ 280,000,000
Debt covenant, debt service reserve account requirement, number of quarters of scheduled interest payments \| qtr			2
Debt covenant, debt service reserve account requirement, number of quarters of scheduled amortization payments \| qtr			2
Loans Payable \| Sixth Amendment To Original Credit Agreement \| March 2023 Cargill Warrant
Debt Instrument [Line Items]
Warrants outstanding (in shares) \| shares			69.6
Warrant price (in dollars per share) \| $ / shares			$ 1.00
Warrants term			5 years
Loans Payable \| Subordinated Facility
Debt Instrument [Line Items]
Debt effective interest rate	12.50%	12.50%
Loans Payable \| Senior Facility
Debt Instrument [Line Items]
Debt instrument, amortization period		10 years
Loans Payable \| Senior Facility \| Minimum \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt basis spread on variable rate	7.50%
Loans Payable \| Senior Facility \| Maximum \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt basis spread on variable rate	8.50%