10-Q
Quarterly Report
Loop Industries, Inc.
LOOP
NASDAQ
CIK: 1504678
File #: 001-38301
Balance Sheet
44 line items · 2 periods
XBRL
| Item | Aug 31, 2024 | Feb 29, 2024 |
|---|---|---|
Condensed Consolidated Balance Sheets | ||
Assets | ||
Current assets | ||
Cash and Cash Equivalents | 1,395,000 | 6,958,000 |
Other Non-Operating Current Assets | 392,000 | 351,000 |
Inventory | 81,000 | 102,000 |
Other Non-Operating Current Assets | 492,000 | 577,000 |
Total current assets | 2,360,000 | 7,988,000 |
Investment in joint venture | 381,000 | 381,000 |
Property, Plant and Equipment | 10,476,000 | 10,636,000 |
Office equipment and furniture | 103,000 | 113,000 |
Building and land improvements | 253,000 | 381,000 |
Land | 227,000 | 226,000 |
Building | 1,433,000 | 1,456,000 |
Machinery and Equipment | 8,460,000 | 8,460,000 |
Intangible Assets | 1,786,000 | 1,548,000 |
Total assets | 15,003,000 | 20,553,000 |
Liabilities and Stockholders' Equity | ||
Current liabilities | ||
Accounts Payable | 4,376,000 | 2,321,000 |
Short-Term Debt | 393,000 | 100,000 |
Investissement Quebec Financing Facility | 393,000 | 100,000 |
Other Current Liabilities | 101,000 | 0 |
Total current liabilities | 4,870,000 | 2,421,000 |
Due to customer | 800,000 | 770,000 |
Long-Term Debt | 4,499,000 | 3,220,000 |
Investissement Quebec Financing Facility | 2,912,000 | 3,220,000 |
Total liabilities | 10,169,000 | 6,411,000 |
Stockholders' Equity | ||
Preferred Stock | 0 | 0 |
Total Stockholders' Equity | 5,000 | 5,000 |
Total Stockholders' Equity | 185,868,000 | 171,792,000 |
Additional paid-in capital - Warrants | 7,041,000 | 20,385,000 |
Total Stockholders' Equity | (186,998,000) | (176,970,000) |
Total Stockholders' Equity | (1,082,000) | (1,070,000) |
Total stockholders' equity | 4,834,000 | 14,142,000 |
Common Stocks | — | 5,000 |
Accumulated other comprehensive Income (Loss) | 1,082,000 | — |
Accumulated Deficit | 186,998,000 | — |
Additional Paid-in Capital - Warrants | 7,041,000 | — |
Additional Paid-In Capital | 185,868,000 | — |
Preferred Stock | 0 | — |
Common Stock | 5,000 | — |
Total liabilities and stockholders' equity | 15,003,000 | 20,553,000 |