10-K
Annual Report
Loop Industries, Inc.
LOOP
NASDAQ
CIK: 1504678
File #: 000-54768
Balance Sheet
46 line items · 2 periods
XBRL
| Item | Feb 28, 2025 | Feb 29, 2024 |
|---|---|---|
Consolidated Balance Sheets | ||
Assets | ||
Current assets | ||
Cash and cash equivalents | 12,973,000 | 6,958,000 |
Accounts Receivable | 639,000 | 351,000 |
Inventory | 82,000 | 102,000 |
Other Non-Operating Current Assets | 158,000 | 577,000 |
Total current assets | 13,852,000 | 7,988,000 |
Investments in joint ventures (Note 11) | 1,281,000 | 381,000 |
Property, Plant and Equipment | 1,737,000 | 10,636,000 |
Office equipment and furniture | 89,000 | 113,000 |
Building and land improvements | 125,000 | 381,000 |
Land | 212,000 | 226,000 |
Building | 1,311,000 | 1,456,000 |
Machinery and Equipment | 0 | 8,460,000 |
Intangible Assets | 1,708,000 | 1,548,000 |
Total assets | 18,578,000 | 20,553,000 |
Liabilities and Stockholders' Equity | ||
Current liabilities | ||
Accounts Payable | 3,545,000 | 2,321,000 |
Other Current Liabilities | 102,000 | 0 |
Short-Term Debt | 312,000 | 100,000 |
Investissement Quebec Financing Facility | 312,000 | 100,000 |
Total current liabilities | 3,959,000 | 2,421,000 |
Due to customer (Note 10) | 832,000 | 770,000 |
Series B Convertible Preferred stock (Note 12) | 10,647,000 | 0 |
Long-Term Debt | 2,773,000 | 3,220,000 |
Investissement Quebec Financing Facility | 2,773,000 | 3,220,000 |
Total liabilities | 18,211,000 | 6,411,000 |
Stockholders' Equity | ||
Preferred Stock | 0 | 0 |
Series B Preferred Stock | 10,395 | 0 |
Total Stockholders' Equity | 5,000 | 5,000 |
Total Stockholders' Equity | 193,529,000 | 171,792,000 |
Additional paid-in capital - Warrants (Note 21) | 0 | 20,385,000 |
Total Stockholders' Equity | (192,027,000) | (176,970,000) |
Total Stockholders' Equity | (1,140,000) | (1,070,000) |
Total stockholders' equity | 367,000 | 14,142,000 |
Common Stocks | — | 5,000 |
Accumulated other comprehensive Income (Loss) | (1,140,000) | (1,070,000) |
Accumulated Deficit | (192,027,000) | (176,970,000) |
Additional Paid-in Capital - Warrants | 0 | 20,385,000 |
Additional Paid-In Capital | 193,529,000 | 171,792,000 |
Preferred Stock | 0 | 0 |
Common Stock | 5,000 | 5,000 |
Total liabilities and stockholders' equity | 18,578,000 | 20,553,000 |