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, 2025 | Feb 28, 2025 |
|---|---|---|
Condensed Consolidated Balance Sheets | ||
Assets | ||
Current assets | ||
Cash and cash equivalents | 9,748,000 | 12,973,000 |
Accounts Receivable | 974,000 | 639,000 |
Inventory | 86,000 | 82,000 |
Other Non-Operating Current Assets | 507,000 | 158,000 |
Total current assets | 11,315,000 | 13,852,000 |
Investments in joint ventures (Note 9) | 979,000 | 1,281,000 |
Property, Plant and Equipment | 1,787,000 | 1,737,000 |
Office equipment and furniture | 90,000 | 89,000 |
Building and land improvements | 113,000 | 125,000 |
Land | 223,000 | 212,000 |
Building | 1,361,000 | 1,311,000 |
Machinery and Equipment | 0 | 0 |
Intangible Assets | 1,840,000 | 1,708,000 |
Total assets | 15,921,000 | 18,578,000 |
Liabilities and Stockholders' Equity | ||
Current liabilities | ||
Accounts Payable | 3,513,000 | 3,545,000 |
Other Current Liabilities | 102,000 | 102,000 |
Short-Term Debt | 409,000 | 312,000 |
Investissement Quebec Financing Facility | 409,000 | 312,000 |
Total current liabilities | 4,024,000 | 3,959,000 |
Due to customer | 848,000 | 832,000 |
Series B Convertible Preferred stock (Note 10) | 10,987,000 | 10,647,000 |
Long-Term Debt | 2,786,000 | 2,773,000 |
Investissement Quebec Financing Facility | 2,786,000 | 2,773,000 |
Total liabilities | 18,645,000 | 18,211,000 |
Stockholders' Equity | ||
Preferred Stock | 0 | 0 |
Total Stockholders' Equity | 5,000 | 5,000 |
Total Stockholders' Equity | 193,904,000 | 193,529,000 |
Total Stockholders' Equity | (195,474,000) | (192,027,000) |
Total Stockholders' Equity | (1,159,000) | (1,140,000) |
Total stockholders' equity | (2,724,000) | 367,000 |
Common Stocks | — | 5,000 |
Accumulated other comprehensive Income (Loss) | (1,159,000) | (1,140,000) |
Accumulated Deficit | (195,474,000) | (192,027,000) |
Additional Paid-In Capital | 193,904,000 | 193,529,000 |
Preferred Stock | 0 | 0 |
Common Stock | 5,000 | 5,000 |
Total liabilities and stockholders' equity | 15,921,000 | 18,578,000 |