Loop industries, inc. (LOOP)
Balance Sheet / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15Mar'15Feb'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Sep'10
Assets
Current assets
Restricted cash

-

-

-

-

-

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales tax, tax credits and other receivables (Note 3)

-

631

716

741

-

297

316

310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valued added tax and other receivables

-

-

-

-

-

-

-

-

-

148

100

63

146

163

358

289

253

-

-

-

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash and cash equivalents

33,717

-

-

-

5,833

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

-

Cash and cash equivalents

-

35,491

37,931

6,971

-

3,528

2,917

5,355

8,149

3,400

5,383

5,535

916

1,598

2,196

1,420

422

837

1,430

1

209

4

2

3

2

4

2

4

10

12

21

28

39

29

30

-

8

Sales tax, tax credits and other receivables (Note 3)

664

-

-

-

599

-

-

-

364

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

141

173

248

176

226

64

152

271

511

15

15

-

0

0

0

24

36

9

6

0

539

0

0

0

0

0

0

0

0

1

1

1

1

1

1

0

5

Total current assets

34,523

36,296

38,896

7,889

6,658

3,990

3,386

5,937

9,025

3,604

5,500

5,598

1,062

1,762

2,555

1,734

711

847

1,436

2

782

4

2

3

2

4

2

-

-

-

23

-

-

-

-

-

-

Investment in joint venture

850

850

500

500

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Machinery and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Machinery and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

154

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Office equipment and furniture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Leasehold improvements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

0

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, plant and equipment, net (Note 4)

7,260

6,495

6,428

6,005

5,371

5,033

5,146

4,825

4,036

1,659

1,681

1,518

1,566

1,553

1,542

1,428

1,399

153

9

-

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intellectual property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net (Note 5)

202

206

200

146

127

404

409

328

332

260

276

292

308

323

339

349

371

-

-

-

435

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intellectual property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

445

445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intellectual property, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

412

420

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total assets

42,836

43,848

46,024

14,541

12,157

9,428

8,943

11,091

13,395

5,524

7,458

7,409

2,937

3,638

4,437

3,512

2,482

1,413

1,866

2

1,229

4

2

3

2

4

2

4

11

14

23

29

40

30

31

19

13

Liabilities and Stockholders' Equity
Current liabilities
Accounts payable and accrued liabilities

2,082

-

-

-

2,670

-

2,566

2,100

1,983

1,162

818

629

161

166

228

285

363

76

144

-

6

-

-

-

-

-

-

-

-

-

11

-

-

-

-

2

-

Accrued officer compensation

-

-

-

-

-

-

-

-

-

0

0

35

-

345

300

255

210

75

-

-

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intellectual Property Obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

212

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued R&D - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities (Note 7)

-

1,648

1,511

3,103

-

2,568

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

13

12

7

4

4

7

3

4

6

-

9

13

5

6

-

1

Subscription deposits

-

-

-

-

-

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Convertible notes (Note 10)

0

4,926

4,259

3,653

5,636

2,450

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrants (Note 10)

0

0

0

0

219

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances from majority stockholder

-

-

-

-

-

-

-

-

-

72

28

0

638

360

405

510

492

52

52

35

68

20

15

15

10

10

0

0

0

0

-

0

0

0

0

-

0

Current portion of long-term debt (Note 9)

52

52

52

51

53

52

53

54

54

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock subscriptions

-

-

-

-

-

-

-

-

-

-

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related party payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Due to director

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Total current liabilities

2,134

6,627

5,824

6,808

8,579

5,170

2,620

2,154

2,037

1,235

902

664

800

871

934

1,050

1,065

604

197

40

317

33

27

22

14

15

7

4

4

6

12

9

13

6

6

2

1

Long-term debt (Note 9)

2,238

904

917

914

952

956

987

1,009

1,033

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

4,372

7,531

6,741

7,722

9,531

6,126

3,607

3,163

3,071

-

-

-

800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contingencies (Note 15)

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' Equity
Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding (Note 12)

0

0

0

0

0

-

-

0

0

-

-

0

0

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock par value $0.0001; 250,000,000 shares authorized; 39,910,774 shares issued and outstanding (2019 - 33,805,706) (Note 12)

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

3

2

2

2

12

2

12

12

126

126

2

126

2

2

2

2

2

2

2

2

2

2

Additional paid-in capital (Note 13)

82,379

75,290

74,414

46,536

38,966

34,127

33,156

32,150

30,964

21,275

16,682

14,842

8,723

8,464

8,431

6,561

3,918

3,373

3,373

55

1,197

55

55

-58

-58

65

-58

65

65

65

65

65

64

53

49

35

14

Additional paid-in capital - Warrants (Note 10)

9,785

9,700

9,700

1,074

757

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital - Beneficial conversion feature (Note 10)

0

1,200

1,200

1,200

1,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional paid-in capital - Beneficial conversion feature (Note 10)

0

1,200

1,200

1,200

1,200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issuable, nil shares (2019 - 1,000,000) shares (Note 11)

0

0

0

800

800

800

800

800

800

800

800

800

800

0

0

0

614

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-53,317

-49,559

-45,708

-42,366

-38,811

-31,256

-28,343

-24,804

-21,275

-17,640

-10,936

-8,760

-7,237

-5,662

-4,913

-4,088

-3,123

-2,567

-1,706

-

-287

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-388

-320

-327

-430

-290

-371

-280

-221

-169

-149

6

-141

-151

-36

-18

-14

5

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated deficit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

106

-

88

92

86

79

78

73

67

61

60

56

47

-39

-32

27

-20

-4

Total stockholders' equity

38,463

36,316

39,283

6,818

2,626

3,301

5,335

7,927

10,324

4,289

6,555

6,744

2,137

2,767

3,503

2,461

1,417

809

1,669

-38

911

-20

-24

-19

-12

-10

-5

0

6

7

10

20

27

23

24

16

11

Total liabilities and stockholders' equity

42,836

43,848

46,024

14,541

12,157

9,428

8,943

11,091

13,395

5,524

7,458

7,409

2,937

3,638

4,437

3,512

2,482

1,413

1,866

2

1,229

12

2

3

2

4

2

4

11

14

23

29

40

30

31

19

13