10-K
Annual Report
Loop Industries, Inc.
LOOP
NASDAQ
CIK: 1504678
File #: 000-54768
Balance Sheet
41 line items · 2 periods
XBRL
| Item | Feb 28, 2026 | Feb 28, 2025 |
|---|---|---|
Assets | ||
Cash and cash equivalents | 2,356,000 | 12,973,000 |
Accounts receivable (Note 3) | 755,000 | 639,000 |
Inventories (Note 4) | 0 | 82,000 |
Prepaid expenses (Note 5) | 495,000 | 158,000 |
Total current assets | 3,606,000 | 13,852,000 |
Equity method investments (Note 11) | 1,478,000 | 1,281,000 |
Property, plant and equipment, net (Note 6) | 1,699,000 | 1,737,000 |
Building | 1,327,000 | 1,311,000 |
Furniture and Fixtures | 84,000 | 89,000 |
Machinery and Equipment | 0 | 0 |
Land | 225,000 | 212,000 |
Building and Land Improvements | 63,000 | 125,000 |
Intangible assets, net (Note 7) | 1,776,000 | 1,708,000 |
Total assets | 8,559,000 | 18,578,000 |
Liabilities and Stockholders' (Deficit) Equity | ||
Accounts payable and accrued liabilities (Note 9) | 1,916,000 | 3,545,000 |
Unearned revenue (Note 16) | 234,000 | 102,000 |
Current portion of long-term debt (Note 13) | 605,000 | 312,000 |
Investissment Quebec Loan | 605,000 | 312,000 |
Total current liabilities | 2,755,000 | 3,959,000 |
Due to customer (Note 10) | 900,000 | 832,000 |
Series B Convertible Preferred stock (Note 12) | 12,054,000 | 10,647,000 |
Fair Value, Inputs, Level 2 - Reported Value Measurement | 12,054,000 | 10,647,000 |
Fair Value, Inputs, Level 2 - Estimate of Fair Value Measurement | 11,770,000 | 10,647,000 |
Long-term debt (Note 13) | 2,430,000 | 2,773,000 |
Investissment Quebec Loan | 2,430,000 | 2,773,000 |
Total liabilities | 18,139,000 | 18,211,000 |
Stockholders' (Deficit) Equity | ||
Common stock par value $0.0001; 250,000,000 shares authorized; 48,337,555 shares issued and outstanding (2025 – 47,620,263) (Note 15) | 5,000 | 5,000 |
Additional paid-in capital | 195,934,000 | 193,529,000 |
Accumulated deficit | (204,326,000) | (192,027,000) |
Accumulated other comprehensive loss | (1,193,000) | (1,140,000) |
Total stockholders' (deficit) equity | (9,580,000) | 367,000 |
Common Stock | 5,000 | 5,000 |
Preferred Stock | 0 | 0 |
Additional Paid-in Capital | 195,934,000 | 193,529,000 |
Additional Paid in Capital, Warrants | 0 | 0 |
Retained Earnings | (204,326,000) | (192,027,000) |
AOCI Attributable to Parent | (1,193,000) | (1,140,000) |
Total liabilities and stockholders' (deficit) equity | 8,559,000 | 18,578,000 |