← MP Materials Corp. / DE
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net Income (Loss) | ($6.8m) |
($21.8m)
-223.09%
|
$135.0m
+718.73%
|
$289.0m
+114.02%
|
$24.3m
-91.59%
|
($65.4m)
-369.16%
|
($85.9m)
-31.26%
|
— | |
| Depreciation, depletion and amortization | $4.7m | $6.9m | $24.4m | $18.4m | $55.7m | $78.1m | $89.3m | $114.6m | |
| Amortization of debt discount and debt issuance costs | — | $3.1m | $7.4m | $4.0m | $3.5m | $3.9m | $5.4m | — | |
| Deferred income taxes | $1k | ($17.8m) | $17.4m | $17.8m | $8.5m | ($27.8m) | ($30.4m) | ($25.9m) | |
| Stock-based compensation expense | $0 | $5.0m | $22.9m | $31.8m | $25.2m | $23.2m | $30.2m | $41.5m | |
| Tax withholding on stock-based awards | $0 | ($996k) | ($3.3m) | ($18.4m) | ($7.2m) | ($10.1m) | ($10.9m) | — | |
| Investment in equity method investee | — | — | $0 | $0 | ($9.7m) | $0 | $0 | — | |
| Proceeds from return of investment in equity method investee | — | — | — | — | $0 | $0 | $9.7m | — | |
| Trade accounts receivable (including related party) | ($145k) | ($3.2m) | ($47.4m) | $18.2m | $22.8m | ($8.8m) | $4.0m | — | |
| Other receivables | — | — | $0 | $0 | ($19.3m) | ($497k) | ($110.4m) | — | |
| Write-downs of inventories | $0 | $0 | $1.8m | $0 | $2.3m | $21.5m | $3.0m | — | |
| Inventories | ($9.6m) | ($9.2m) | ($8.2m) | ($24.3m) | ($47.1m) | ($41.5m) | ($115.0m) | ($83.4m) | |
| Accounts payable and accrued liabilities | $6.2m | ($3.8m) | $5.5m | $2.0m | $11.3m | $1.3m | $9.4m | $4.1m | |
| Deferred revenue | — | — | — | $0 | $0 | $100.0m | $58.2m | — | |
| Other | $0 | ($1.1m) | ($377k) | $0 | $0 | $4.8m | ($7.1m) | — | |
| Prepaid expenses, other current and non-current assets | ($82k) | $1.8m | ($4.2m) | ($6.0m) | $2.4m | ($1.3m) | ($9.0m) | — | |
| Other current and non-current liabilities | ($3.5m) | ($3.0m) | ($902k) | ($1.1m) | ($294k) | $27.0m | ($1.2m) | — | |
| Net cash provided by (used in) operating activities | ($437k) |
$3.3m
+849.89%
|
$102.0m
+3011.72%
|
$343.5m
+236.87%
|
$62.7m
-81.75%
|
$13.3m
-78.71%
|
($155.8m)
-1266.79%
|
($84.0m)
+46.09%
|
|
| Additions to property, plant and equipment | ($2.3m) | ($22.4m) | ($123.9m) | ($326.6m) | ($261.9m) | ($186.4m) | ($172.4m) | — | |
| Proceeds from sale of property, plant and equipment | $7.9m | $0 | $125k | $0 | $18k | $0 | $4.1m | $0 | |
| Accretion of discount on short-term investments | — | $0 | $0 | ($10.0m) | ($26.3m) | ($30.3m) | ($24.1m) | — | |
| Purchases of short-term investments | — | $0 | $0 | ($2.8b) | ($1.2b) | ($1.6b) | ($1.8b) | — | |
| Proceeds from sales of short-term investments | — | $0 | $0 | $1.5b | $507.7m | $166.4m | $176.1m | — | |
| Proceeds from maturities of short-term investments | — | $0 | $0 | $281.0m | $1.0b | $1.6b | $1.6b | — | |
| Net cash provided by (used in) investing activities | $5.6m | ($22.4m) | ($119.4m) | ($1.4b) | $68.7m | $10.1m | ($206.0m) | ($914.8m) | |
| Gain on early extinguishment of debt | $0 | $0 | ($3.4m) | $0 | $0 | ($52.9m) | $0 | — | |
| Proceeds from issuance of long-term debt | $7.2m | $3.4m | $690.0m | $0 | $0 | $747.5m | $61.5m | $0 | |
| Payment of debt issuance costs | $0 | $0 | ($17.7m) | $0 | $0 | ($20.6m) | ($3.8m) | — | |
| Payments to retire long-term debt | — | — | — | $0 | $0 | ($428.6m) | $0 | — | |
| Principal payments on debt obligations | — | — | — | ($5.8m) | ($2.7m) | ($2.5m) | ($6.1m) | — | |
| Proceeds from issuance of common stock | — | — | — | — | $0 | $0 | $747.5m | $747.5m | |
| Repurchases of common stock | — | — | — | $0 | $0 | ($225.1m) | $0 | — | |
| Net cash provided by (used in) financing activities | ($4.1m) |
$522.0m
+12843.19%
|
$666.1m
+27.62%
|
($24.2m)
-103.63%
|
($9.9m)
+59.01%
|
($4.8m)
+51.69%
|
$1.2b
+26097.91%
|
$1.2b
-6.44%
|
|
| Cash, cash equivalents and restricted cash beginning balance | $29.6m | $532.4m | $1.2b | $143.5m | $265.0m | $283.6m | $1.2b | — | |
| Net change in cash, cash equivalents and restricted cash | $1.1m | $502.9m | $648.7m | ($1.0b) | $121.5m | $18.6m | $883.8m | — | |
| Restricted cash, current | $24k | $3.7m | $1.3m | $6.3m | $1.3m | $812k | $810k | — | |
| Restricted cash, non-current | $26.8m | $9.1m | $516k | $595k | $347k | $349k | $538k | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Income taxes receivable | — | $0 | $0 | ($2.2m) | $1.4m | ($22.8m) | $22.7m | — | |
| Income taxes payable | $0 | $0 | $3.5m | $17.7m | ($21.2m) | $0 | $360k | — | |
| Deferred government grant | — | — | $0 | $0 | $19.1m | $4.9m | $4.8m | — | |
| Proceeds from government awards used for construction | $0 | $0 | $4.4m | $5.1m | $2.8m | $96k | $24.2m | — | |
| Proceeds from issuance of Series A preferred stock | — | — | — | — | $0 | $0 | $299.4m | — | |
| Proceeds from issuance of warrant | — | — | — | — | $0 | $0 | $189.1m | — | |
| Payment of equity issuance costs | $0 | ($40.3m) | $0 | $0 | $0 | $0 | ($31.1m) | — | |
| Purchase of capped call options | — | — | — | $0 | $0 | ($65.3m) | $0 | — | |
| Cash and cash equivalents | $2.8m | $519.7m | $1.2b | $136.6m | $263.4m | $282.4m | $1.2b | $263.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.