5E Advanced Materials, Inc.

For the period ended Mar 31, 2025. Filed May 15, 2025.

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.

Mar 31, 2025 · Filed May 15, 2025

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

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Contents

Condensed Consolidated Statements of Operations

(In thousands, except per share amounts)

	Three months ended March 31,		Nine months ended March 31,
	2025	2024	2025	2024
Operating expenses:
Project expenses	$1,050	$1,155	$4,283	$4,169
Small-scale facility operating costs	897	—	3,564	—
General and administrative	3,265	2,997	11,342	16,431
Research and development	—	—	—	45
Depreciation and amortization expense	4,992	53	14,955	159
Total operating expenses	10,204	4,205	34,144	20,804
Income (loss) from operations	(10,204)	(4,205)	(34,144)	(20,804)
Non-operating income (expense):
Interest income	21	73	68	215
Other income	—	4	4	7
Gain (loss) on extinguishment of debt	17,333	(20,953)	17,333	(20,953)
Derivative gain (loss)	—	—	1,357	—
Interest expense	(1,869)	(822)	(6,454)	(4,348)
Other expense	(1)	(2)	(5)	(8)
Total non-operating income (expense)	15,484	(21,700)	12,303	(25,087)
Income (loss) before income taxes	5,280	(25,905)	(21,841)	(45,891)
Income tax provision (benefit)	—	—	—	—
Net income (loss)	$5,280	$(25,905)	$(21,841)	$(45,891)
Net income (loss) per common share:
Basic	$0.73	$(10.18)	$(5.05)	$(21.56)
Diluted	$(0.97)	$(10.18)	$(5.05)	$(21.56)
Weighted average common shares outstanding — basic	7,207	2,544	4,329	2,129
Weighted average common shares outstanding — diluted	10,452	2,544	4,329	2,129

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.