5E Advanced Materials Inc

For the period ended Sep 30, 2024. Filed Nov 13, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2024 · Filed Nov 13, 2024

FEAM$1.91+1.1%Stored close · as of Nov 6, 2026

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Contents

Condensed Consolidated Balance Sheets

(In thousands, except per share data)

	September 30,	June 30,
	2024	2024
ASSETS
Current assets:
Cash and cash equivalents	$6,851	$4,896
Prepaid expenses and other current assets	1,258	1,913
Total current assets	8,109	6,809
Mineral rights and properties, net	7,633	7,616
Construction in progress	849	608
Properties, plant and equipment, net	68,623	73,872
Reclamation bond deposit	311	311
Right of use asset	243	282
Other assets	6	6
Total assets	$85,774	$89,504
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued liabilities	$7,390	$9,567
Lease liabilities, current	121	141
Total current liabilities	7,511	9,708
Long-term debt, net	72,431	64,831
Convertible note derivative liabilities	2,771	3,315
Lease liabilities	130	149
Asset retirement obligations	837	795
Total liabilities	83,680	78,798
Commitments and contingencies (Note 13)
Stockholders’ equity:
Common stock, $0.01 par value; 360,000 shares authorized; 68,883 and 63,318 shares outstanding September 30, 2024 and June 30, 2024, respectively	689	633
Additional paid-in capital	214,265	210,074
Retained earnings (accumulated deficit)	(212,860)	(200,001)
Total stockholders’ equity	2,094	10,706
Total liabilities and stockholders’ equity	$85,774	$89,504

5E ADVANCED MATERIALS, INC

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.