USA Rare Earth, Inc. (USAR)

USA Rare Earth Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	257.61	16.76	0.28
Cash & Short-Term Investments	257.61	16.76	0.28
Cash Growth	182341.34%	5980.21%	-
Other Current Assets	1.27	5.51	0.22
Total Current Assets	258.88	22.27	0.5
Net Property, Plant & Equipment	41	26.56	-
Long-Term Investments	-	-	258.97
Other Long-Term Assets	23.45	20.24	-
Total Assets	323.33	69.07	259.47
Accounts Payable	1.83	1.82	0.23
Accrued Expenses	13.42	3.07	-
Short-Term Debt	-	0.83	-
Current Portion of Leases	0.43	0.02	-
Other Current Liabilities	-	1.18	0.08
Total Current Liabilities	15.68	6.93	0.31
Long-Term Leases	0.88	-	-
Other Long-Term Liabilities	352.07	8.2	13.1
Total Long-Term Liabilities	352.96	8.2	13.1
Total Liabilities	368.64	15.13	13.41
Common Stock	0.01	0.01	0
Additional Paid-in Capital	276.62	104.24	-12.91
Retained Earnings	-337.18	-72.87	-
Total Common Shareholders' Equity	-60.55	31.38	-12.91
Minority Interest	15.24	22.57	258.97
Shareholders' Equity	-45.31	53.94	246.06
Total Liabilities & Equity	323.33	69.07	259.47
Total Debt	1.31	0.85	0
Net Cash (Debt)	256.3	15.91	0.28
Net Cash Growth	1511.23%	5670.41%	-
Net Cash Per Share	3.58	0.34	0.01
Book Value	-60.55	31.38	-12.91
Book Value Per Share	-0.85	0.68	-0.29
Tangible Book Value	-60.55	31.38	-12.91
Tangible Book Value Per Share	-0.85	0.68	-0.29

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.