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Consolidated statements of equity - USD ($)
$ in Millions
Total
Equity attributable to the shareholders of Li-Cycle Holdings Corp.
Number of common shares
Common stock and additional paid-in capital
Accumulated deficit
Accumulated other comprehensive loss
Non-controlling interest
Beginning balance, common shares, outstanding (in shares) at Oct. 31, 2020 [1]     83,400,000        
Beginning balance, equity at Oct. 31, 2020 $ 1.5 $ 1.5   $ 16.3 $ (14.5) $ (0.3)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Shares issued (in shares) [1]     11,200,000        
Shares issued 21.6 21.6   21.6      
Shares issued for non-cash costs (in shares) [1]     500,000        
Issuance of shares through Business Combination (in shares) [1]     65,700,000        
Issuance of shares through Business Combination 477.0 477.0   477.0      
Settlement of RSUs (in shares) [1]     400,000        
Settlement of RSUs $ 0.8 0.8   0.8      
Exercise of stock options (in shares) 2,172,820   2,100,000 [1]        
Exercise of stock options $ 0.2 0.2   0.2      
Stock-based compensation - RSUs 0.7 0.7   0.7      
Stock-based compensation - options 2.7 2.7   2.7      
Net (loss) income (70.5) (70.5)     (70.5)    
Comprehensive (loss) income $ (70.5) (70.5)     (70.5)    
Ending balance, common shares, outstanding (in shares) at Oct. 31, 2021 163,300,000   163,300,000 [1]        
Ending balance, equity at Oct. 31, 2021 $ 434.0 434.0   519.3 (85.0) (0.3)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Shares issued (in shares) [1]     5,300,000        
Shares issued $ 49.7 49.7   49.7      
Settlement of RSUs (in shares) [1]     300,000        
Exercise of stock options (in shares) 1,547,113   1,400,000 [1]        
Exercise of warrants (in shares) [1]     5,700,000        
Exercise of warrants $ 46.0 46.0   46.0      
Stock-based compensation - RSUs 11.5 11.5   11.5      
Stock-based compensation - options 6.6 6.6   6.6      
Non-controlling interest in subsidiary 0.3           $ 0.3
Net (loss) income (50.3) (50.2)     (50.2)   (0.1)
Comprehensive (loss) income $ (50.3) (50.2)     (50.2)   (0.1)
Ending balance, common shares, outstanding (in shares) at Oct. 31, 2022 176,000,000   176,000,000.0 [1]        
Ending balance, equity at Oct. 31, 2022 $ 497.8 497.6   633.1 (135.2) (0.3) 0.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Exercise of stock options (in shares) 141,919   100,000 [1]        
Stock-based compensation - RSUs $ 1.6 1.6   1.6      
Stock-based compensation - options 0.6 0.6   0.6      
Net (loss) income 1.6 1.6     1.6    
Comprehensive (loss) income $ 1.6 1.6     1.6    
Ending balance, common shares, outstanding (in shares) at Dec. 31, 2022 176,100,000   176,100,000 [1]        
Ending balance, equity at Dec. 31, 2022 $ 501.6 501.4   635.3 (133.6) (0.3) 0.2
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Settlement of RSUs (in shares) [1]     800,000        
Exercise of stock options (in shares) 1,581,424   1,300,000 [1]        
Stock-based compensation - RSUs $ 9.8 9.8   9.8      
Stock-based compensation - options 3.6 3.6   3.6      
Payment to the holders of non-controlling interest in subsidiary (0.6) (0.4)   (0.4)     (0.2)
Net (loss) income (138.0) (138.0)     (138.0)    
Comprehensive (loss) income $ (138.0) (138.0)     (138.0)    
Ending balance, common shares, outstanding (in shares) at Dec. 31, 2023 178,200,000   178,200,000 [1]        
Ending balance, equity at Dec. 31, 2023 $ 376.4 $ 376.4   $ 648.3 $ (271.6) $ (0.3) $ 0.0
[1] The number of common shares has been retrospectively adjusted to reflect the reverse capitalization. See Note 1ii.