10-Q
Quarterly Report
Loop Industries, Inc.
LOOP
NASDAQ
CIK: 1504678
File #: 001-38301
Balance Sheet
43 line items · 2 periods
XBRL
| Item | May 31, 2024 | Feb 29, 2024 |
|---|---|---|
Condensed Consolidated Balance Sheets | ||
Assets | ||
Current assets | ||
Cash and Cash Equivalents | 5,291,000 | 6,958,000 |
Other Non-Operating Current Assets | 242,000 | 351,000 |
Inventory | 99,000 | 102,000 |
Other Non-Operating Current Assets | 525,000 | 577,000 |
Total current assets | 6,157,000 | 7,988,000 |
Investment in joint venture | 381,000 | 381,000 |
Property, Plant and Equipment | 10,533,000 | 10,636,000 |
Office equipment and furniture | 106,000 | 113,000 |
Building and land improvements | 309,000 | 381,000 |
Land | 225,000 | 226,000 |
Building | 1,433,000 | 1,456,000 |
Machinery and Equipment | 8,460,000 | 8,460,000 |
Intangible Assets | 1,671,000 | 1,548,000 |
Total assets | 18,742,000 | 20,553,000 |
Liabilities and Stockholders' Equity | ||
Current liabilities | ||
Accounts Payable | 2,891,000 | 2,321,000 |
Short-Term Debt | 244,000 | 100,000 |
Investissement Quebec Financing Facility | 244,000 | 100,000 |
Total current liabilities | 3,135,000 | 2,421,000 |
Due to customer | 784,000 | 770,000 |
Long-Term Debt | 5,555,000 | 3,220,000 |
Investissement Quebec Financing Facility | 3,038,000 | 3,220,000 |
Total liabilities | 9,474,000 | 6,411,000 |
Stockholders' Equity | ||
Preferred Stock | 0 | 0 |
Total Stockholders' Equity | 5,000 | 5,000 |
Total Stockholders' Equity | 172,162,000 | 171,792,000 |
Additional paid-in capital - Warrants | 20,385,000 | 20,385,000 |
Total Stockholders' Equity | (182,159,000) | (176,970,000) |
Total Stockholders' Equity | (1,125,000) | (1,070,000) |
Total stockholders' equity | 9,268,000 | 14,142,000 |
Common Stocks | — | 5,000 |
Accumulated other comprehensive Income (Loss) | (1,125,000) | (1,070,000) |
Accumulated Deficit | (182,159,000) | (176,970,000) |
Additional Paid-in Capital - Warrants | 20,385,000 | 20,385,000 |
Additional Paid-In Capital | 172,162,000 | 171,792,000 |
Preferred Stock | 0 | 0 |
Common Stock | 5,000 | 5,000 |
Total liabilities and stockholders' equity | 18,742,000 | 20,553,000 |