MP Materials Corp DE

For the period ended Sep 30, 2024. Filed Nov 8, 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 8, 2024

MP$36.46-3.4%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Changes in Stockholders’ Equity (unaudited)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

	Three months ended September 30, 2024 and 2023
Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Treasury Stock · Total Stockholders’ Equity
(in thousands, except share data) · Shares · Amount · Shares · Amount
Balance as of July 1, 2024	—		$—		165,331,382	$18	$943,508	$368,160	$(90)	$(202,558)	$1,109,038
Stock-based compensation	—		—		83,850	—	5,632	—	—	—	5,632
Shares used to settle payroll tax withholding	—		—		(31,707)	—	(453)	—	—	—	(453)
Repurchases of common stock	—		—		(2,237,394)	—	—	—	—	(24,547)	(24,547)
Common stock issued to acquire intangible asset	—		—		43,573	—	—	—	—	—	—
Net loss	—		—		—	—	—	(25,516)	—	—	(25,516)
Other comprehensive income, net of tax	—		—		—	—	—	—	386	—	386
Balance as of September 30, 2024	—		$—		163,189,704	$18	$948,687	$342,644	$296	$(227,105)	$1,064,540
Balance as of July 1, 2023	—		$—		177,626,668	$17	$958,819	$406,261	$(166)	$—	$1,364,931
Stock-based compensation	—		—		37,236	—	6,665	—	—	—	6,665
Shares used to settle payroll tax withholding	—		—		(13,808)	—	(344)	—	—	—	(344)
Common stock issued to acquire intangible asset	—		—		152,504	—	8,963	—	—	—	8,963
Net loss	—		—		—	—	—	(4,276)	—	—	(4,276)
Other comprehensive income, net of tax	—		—		—	—	—	—	134	—	134
Balance as of September 30, 2023	—		$—		177,802,600	$17	$974,103	$401,985	$(32)	$—	$1,376,073
	Nine months ended September 30, 2024 and 2023
Preferred Stock · Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Treasury Stock · Total Stockholders’ Equity
(in thousands, except share data)	Shares	Amount		Shares	Amount
Balance as of January 1, 2024	—		$—		178,082,383	$17	$979,891	$385,726	$145	$—	$1,365,779
Stock-based compensation	—		—		354,237	1	18,907	—	—	—	18,908
Shares used to settle payroll tax withholding	—		—		(281,370)	—	(4,577)	—	—	—	(4,577)
Repurchases of common stock	—		—		(15,249,782)	—	—	—	—	(227,105)	(227,105)
Common stock issued for services	—		—		240,663	—	3,737	—	—	—	3,737
Common stock issued to acquire intangible asset	—		—		43,573	—	—	—	—	—	—
Capped Call Options related to 2030 Notes	—		—		—	—	(49,271)	—	—	—	(49,271)
Net loss	—		—		—	—	—	(43,082)	—	—	(43,082)
Other comprehensive income, net of tax	—		—		—	—	—	—	151	—	151
Balance as of September 30, 2024	—		$—		163,189,704	$18	$948,687	$342,644	$296	$(227,105)	$1,064,540
Balance as of January 1, 2023	—		$—		177,706,608	$18	$951,008	$361,419	$189	$—	$1,312,634
Stock-based compensation	—		—		149,922	—	20,607	—	—	—	20,607
Shares used to settle payroll tax withholding	—		—		(206,434)	(1)	(6,475)	—	—	—	(6,476)
Common stock issued to acquire intangible asset	—		—		152,504	—	8,963	—	—	—	8,963
Net income	—		—		—	—	—	40,566	—	—	40,566
Other comprehensive loss, net of tax	—		—		—	—	—	—	(221)	—	(221)
Balance as of September 30, 2023	—		$—		177,802,600	$17	$974,103	$401,985	$(32)	$—	$1,376,073

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.