Loop Industries, Inc. (LOOP) financial statements (2022 and earlier)

Company profile

Business Address 480 FERNAND POITRAS
TERREBONNE, QC J6Y 1Y4
State of Incorp. NV
Fiscal Year End February 28
SIC 28 - Chemicals And Allied Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments54,86035,22233,7185,8338,150916
Cash and cash equivalents54,86035,22233,7185,8338,150916
Receivables8251,764665599  
Prepaid expense1,990610141227512 
Deferred costs    (201) 
Assets held-for-sale, not part of disposal group3,364     
Other undisclosed current assets    565259
Total current assets:61,04037,59634,5236,6599,0261,176
Noncurrent Assets
Property, plant and equipment5,5413,5137,2605,3714,0371,567
Long-term investments and receivables 1,500850   
Long-term investments 1,500850   
Intangible assets, net (including goodwill)1,081795203128333308
Intangible assets, net (excluding goodwill)1,081795203128333308
Other undisclosed noncurrent assets1,500     
Total noncurrent assets:8,1225,8088,3135,4994,3701,875
TOTAL ASSETS:69,16243,40442,83712,15813,3963,051
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities5,4228,1252,0832,6701,983162
Accounts payable 8,1252,0832,6701,983162
Other undisclosed accounts payable and accrued liabilities5,422     
Debt889938525355 
Due to related parties     392
Other undisclosed current liabilities (1) 5,856 360
Total current liabilities:6,3129,0622,1358,5792,038913
Noncurrent Liabilities
Long-term debt and lease obligation3,3151,5162,238952  
Long-term debt, excluding current maturities3,3151,5162,238952  
Other undisclosed noncurrent liabilities 1  1,034 
Total noncurrent liabilities:3,3151,5172,2389521,034 
Total liabilities:9,62710,5794,3739,5313,071913
Stockholders' equity
Stockholders' equity attributable to parent, including:59,53532,82538,4642,62610,3242,138
Common stock544333
Additional paid in capital149,735113,66382,37938,96630,9658,723
Accumulated other comprehensive loss(167)(7)(388)(290)(169)(151)
Accumulated deficit(120,310)(89,662)(53,317)(38,812)(21,275)(7,238)
Warrants and rights outstanding   220  
Other undisclosed stockholders' equity attributable to parent30,2728,8269,7862,539800800
Total stockholders' equity:59,53532,82538,4642,62610,3242,138
TOTAL LIABILITIES AND EQUITY:69,16243,40442,83712,15813,3963,051

Income statement (P&L) ($ in thousands)

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
Operating expenses(56,245)(36,345)(14,505)(17,536)(14,037)(4,114)
Operating loss:(56,245)(36,345)(14,505)(17,536)(14,037)(4,114)
Nonoperating income (expense)
(Foreign Currency Transaction gain, before Tax)
     157
Interest and debt expense1,650(82)(2,223)(467)(64)(64)
Net loss:(54,596)(36,427)(16,729)(18,003)(14,101)(4,020)
Other undisclosed net income (loss) attributable to parent(1,650)822,22346764(94)
Net loss available to common stockholders, diluted:(56,245)(36,345)(14,505)(17,536)(14,037)(4,114)

Comprehensive Income ($ in thousands)

11/30/2021
TTM
2/28/2021
2/29/2020
2/28/2019
2/28/2018
2/28/2017
Net loss:(54,596)(36,427)(16,729)(18,003)(14,101)(4,020)
Other comprehensive loss(160)     
Other undisclosed comprehensive income30     
Comprehensive loss:(54,726)(36,427)(16,729)(18,003)(14,101)(4,020)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,268)4642,12534646(251)
Comprehensive loss, net of tax, attributable to parent:(55,994)(35,963)(14,604)(17,658)(14,055)(4,271)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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