Local Bounti Corporation (LOCL) Asset Writedowns and Impairment (2021 - 2026)

Local Bounti Corporation has reported Asset Writedowns and Impairment for 6 years, with the latest figure at -$254000.0 in Q1 2026.

• Quarterly Asset Writedowns and Impairment fell 353.57% year-over-year to -$254000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$210000.0 (down 122.13% YoY) and the FY2025 annual result came in at -$12000.0, down 100.98% from the prior year.
• Asset Writedowns and Impairment slipped to -$254000.0 in Q1 2026 per LOCL's latest filing, from $492000.0 in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $1.2 million in Q4 2024 and troughed at -$328000.0 in Q2 2025.
• A 5-year average of $107750.0 and a median of $9500.0 in 2023 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2022 and 2025: Asset Writedowns and Impairment soared 4288.89% in 2022, then slumped 2881.82% in 2025.
• Over 5 years, Asset Writedowns and Impairment stood at $377000.0 in 2022, then sank by 185.68% to -$323000.0 in 2023, then jumped by 480.19% to $1.2 million in 2024, then sank by 59.93% to $492000.0 in 2025, then slumped by 151.63% to -$254000.0 in 2026.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$254000.0, $492000.0, and -$120000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.