Local Bounti Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Debt - Narrative (Details)

Debt - Narrative (Details)			9 Months Ended	12 Months Ended
Debt - Narrative (Details)	Mar. 13, 2023 USD ($) quarter	Apr. 04, 2022 USD ($) shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($)	Mar. 28, 2023 USD ($) quarter $ / shares shares	Jan. 06, 2023 USD ($)	Dec. 30, 2022 USD ($)	Aug. 11, 2022 USD ($) quarter	Sep. 03, 2021 USD ($)
Debt Instrument [Line Items]
Issuance of common stock for debt modification				$ 17,416,000
Warrants outstanding (in shares) \| shares			833,330
Warrant liability			$ 7,214,000	0
March 2023 Cargill Warrant
Debt Instrument [Line Items]
Warrant price (in dollars per share) \| $ / shares					$ 13.00
Warrant liability			$ 25,700,000
Senior Credit Agreement \| Loans Payable
Debt Instrument [Line Items]
Debt, face amount									$ 200,000,000
Debt covenant, minimum liquidity amount									30,000,000
Debt instrument, increase of interest rate		2.00%
Senior Facility \| Loans Payable
Debt Instrument [Line Items]
Debt, face amount									150,000,000
Debt instrument, amortization period			10 years
Senior Facility \| Loans Payable \| Minimum \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt basis spread on variable rate			7.50%
Senior Facility \| Loans Payable \| Maximum \| Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt basis spread on variable rate			8.50%
Subordinated Facility \| Loans Payable
Debt Instrument [Line Items]
Debt, face amount									$ 50,000,000
Interest rate percentage			12.50%
First Amendment of the Credit Agreements \| Loans Payable
Debt Instrument [Line Items]
Debt, face amount		$ 170,000,000
Debt covenant, minimum liquidity amount		$ 20,000,000
Interest rate percentage		12.50%
Debt amendment fee		$ 2,000,000
Issuance of common stock for debt modification (in shares) \| shares		1,932,931
Write off of deferred debt issuance cost				700,000
Issuance of common stock for debt modification				$ 17,400,000
Second Amendment of the Credit Agreements \| Loans Payable
Debt Instrument [Line Items]
Debt instrument, covenant, interest amount								$ 0
Outstanding period \| quarter								4
Third Amendment of the Credit Agreements \| Loans Payable
Debt Instrument [Line Items]
Debt covenant, debt service reserve account requirement							$ 11,300,000
Capital expenditures covenant, applicable construction budget							$ 1,000,000
Fourth Amendment of the Credit Agreements \| Loans Payable
Debt Instrument [Line Items]
Debt covenant, minimum liquidity amount						$ 11,000,000
Fifth Amendment To Original Credit Agreements \| Loans Payable
Debt Instrument [Line Items]
Debt, face amount	$ 170,000,000
Debt covenant, minimum liquidity amount	1,000,000
Debt covenant, debt service reserve account requirement	$ 11,000,000
Debt covenant, debt service reserve account requirement, number of calendar quarters \| quarter	2
Debt covenant, payment in kind of quarterly interest and unused commitment fee payable	$ 4,300,000
Sixth Amendment To Original Credit Agreements \| Loans Payable
Debt Instrument [Line Items]
Debt, face amount					$ 280,000,000
Debt covenant, payment in kind of quarterly interest payment due and payable					5,000,000
Debt service reserve account					$ 0
Debt covenant, debt service reserve account requirement, number of quarters of scheduled interest payments \| quarter					2
Debt covenant, debt service reserve account requirement, number of quarters of scheduled amortization payments \| quarter					2
Sixth Amendment To Original Credit Agreements \| Loans Payable \| March 2023 Cargill Warrant
Debt Instrument [Line Items]
Warrants outstanding (in shares) \| shares					5,400,000
Warrant price (in dollars per share) \| $ / shares					$ 13.00
Warrants term					5 years