5E Advanced Materials Inc

For the period ended Jun 30, 2024. Filed Sep 9, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Sep 9, 2024

FEAM$1.94+1.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets

(In thousands, except per share data)

	June 30,	June 30,
	2024	2023
ASSETS
Current assets:
Cash and cash equivalents	$4,896	$20,323
Prepaid expenses and other current assets	1,913	1,808
Total current assets	6,809	22,131
Mineral rights and properties, net	7,616	7,637
Construction in progress	608	67,553
Properties, plant and equipment, net	73,872	3,056
Reclamation bond deposit	311	309
Right of use asset	282	207
Other assets	6	6
Total assets	$89,504	$100,899
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$9,567	$8,728
Lease liabilities, current	141	136
Total current liabilities	9,708	8,864
Long-term debt, net	64,831	37,671
Convertible note derivative liability	3,315	—
Lease liabilities	149	74
Asset retirement obligations	795	724
Total liabilities	78,798	47,333
Commitments and contingencies (Note 13)
Stockholders’ equity:
Common stock, $0.01 par value; 360,000 shares authorized; 63,318 and 44,187 shares outstanding June 30, 2024 and 2023, respectively	633	441
Additional paid-in capital	210,074	191,113
Retained earnings (accumulated deficit)	(200,001)	(137,988)
Total stockholders’ equity	10,706	53,566
Total liabilities and stockholders’ equity	$89,504	$100,899

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.