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Unaudited condensed consolidated interim statements of operations and comprehensive loss - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Revenues $ 8.4 $ 3.6 $ 12.6 $ 7.2
Cost of sales        
Cost of sales (19.4) (20.2) (37.3) (39.3)
Selling, general and administrative expense (15.3) (24.9) (45.9) (47.6)
Research and development (0.6) (1.3) (0.5) (2.2)
Loss from operations (26.9) (42.8) (71.1) (81.9)
Other income (expense)        
Interest income 0.9 4.2 1.5 9.2
Interest expense (15.6) (0.1) (27.1) (1.2)
Foreign exchange gain (loss) (1.3) (0.5) (0.2) (1.0)
Fair value gain on financial instruments 34.7 7.3 10.9 6.6
Debt extinguishment loss (Note 11) 0.0 0.0 (58.9) 0.0
Interest expense and other costs 18.7 10.9 (73.8) 13.6
Net loss before taxes (8.2) (31.9) (144.9) (68.3)
Income tax 0.0 0.0 0.0 (0.1)
Comprehensive loss (8.2) (31.9) (144.9) (68.4)
Net (loss) income (8.2) (31.9) (144.9) (68.4)
Net loss and comprehensive loss attributable to        
Shareholders of Li-Cycle Holdings Corp., net loss (8.2) (32.0) (144.9) (68.3)
Shareholders of Li-Cycle Holdings Corp., net loss, comprehensive loss (8.2) (32.0) (144.9) (68.3)
Non-controlling interest, net loss 0.0 (0.1) 0.0 (0.1)
Non-controlling interest, comprehensive loss $ 0.0 $ (0.1) $ 0.0 $ (0.1)
Loss per common share - basic (in dollars per share) $ (0.36) $ (1.45) $ (6.44) $ (3.08)
Loss per common share - diluted (in dollars per share) $ (0.36) $ (1.45) $ (6.44) $ (3.08)
Product revenue        
Revenue        
Revenues $ 5.2 $ 3.1 $ 7.1 $ 6.2
Cost of sales        
Cost of sales (17.9) (20.2) (34.9) (39.3)
Recycling service revenue        
Revenue        
Revenues 3.2 0.5 5.5 1.0
Cost of sales        
Cost of sales $ (1.5) $ 0.0 $ (2.4) $ 0.0