Loop Industries Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedNovember 30, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to __________ Loop Industries, Inc. (Exact name of Registrant as specified in its charter) Nevada(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 480 Fernand-Poitras Terrebonne, Québec, Canada J6Y 1Y4(Address of principal executive offices zip code) Registrant's telephone number, including area code(450)951-8555 Securities registered pursuant to Section12(b) of the Act: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files) Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ LOOP INDUSTRIES, INC. TABLE OF CONTENTS PART I. Financial Information Item 1.Financial StatementsItem 2.Management's Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures F-131313 PART II. Other Information Item 1.Legal ProceedingsItem 1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 3.Defaults Upon Senior SecuritiesItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.Exhibits Signatures PART I.FINANCIAL INFORMATION ITEM1. FINANCIAL STATEMENTS Loop Industries, Inc.Three and Nine Months Ended November 30, 2025Index to the Unaudited Interim Condensed Consolidated Financial Statements Contents Condensed consolidated balance sheets as at November 30, 2025(Unaudited) and February 28, 2025F-2Condensed consolidated statements of operations and comprehensive loss for the three and nine months ended November30, 2025and 2024(Unaudited)F-3Condensed consolidated statements of changes in stockholders'equity (deficit)for the three and nine months endedNovember 30, 2025and 2024(Unaudited)F-4Condensed consolidated statements of cash flows for the nine months ended November 30, 2025and 2024(Unaudited)F-6Notes to the condensed consolidated financial statements (Unaudited)F-7 Loop Industries, Inc.Condensed Consolidated Balance Sheets(Unaudited) (in thousands of U.S. dollars, except per share data) See accompanying notes to the condensed consolidated financial statements. See accompanying notes to the condensed consolidated financial statements. Loop Industries, Inc.Condensed Consolidated Statement of Changes in Stockholders' Equity (Deficit)(Unaudited) Loop Industries, Inc.Condensed Consolidated Statement of Changes in Stockholders' Equity (Deficit)(Unaudited) Loop Industries, Inc.Condensed Consolidated Statements of Cash Flows(Unaudited) Loop Industries, Inc.Three and Nine Months EndedNovember 30, 2025 and 2024Notes to the Condensed Consolidated Financial Statements(Unaudited) 1. The Company, Basis of Presentation and Going Concern The Company Loop Industries, Inc. (the “Company,” “Loop,” “we,” or “our”) is a technology company that owns patented and proprietarytechnology that depolymerizes no and low-value waste polyethylene terephthalate (“PET”) plastic and polyester fiber to its basebuilding blocks (monomers).The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PETresin suitable for use in food-grade packaging and polyester fiber. The Company is currently in the pre-commercialization stagewith limited revenues. Basis of Presentation These unaudited interim condensed consolidated financial statements have been prepared in conformity with generally acceptedaccounting principles in the United S