USA Rare Earth Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	1,750	359.93	16.76	0.28
Cash & Short-Term Investments	1,750	359.93	16.76	0.28
Cash Growth	7392.78%	2047.40%	5980.21%	-
Accounts Receivable	5.69	3.76	-	-
Inventory	28.43	18.54	-	-
Other Current Assets	6.62	3.15	5.51	0.22
Total Current Assets	1,790	385.38	22.27	0.5
Net Property, Plant & Equipment	119.44	86.77	26.56	-
Other Intangible Assets	67.26	68.61	-	-
Goodwill	134.85	134.85	-	-
Long-Term Investments	-	-	-	258.97
Other Long-Term Assets	22.91	19.39	20.24	-
Total Assets	2,135	695	69.07	259.47
Accounts Payable	17.08	11.07	1.82	0.23
Accrued Expenses	21.36	14.07	3.07	-
Short-Term Debt	-	1.85	0.83	-
Current Portion of Leases	0.52	0.42	0.02	-
Unearned Revenue	10.38	10.5	-	-
Other Current Liabilities	-	-	1.18	0.08
Total Current Liabilities	49.34	37.91	6.93	0.31
Long-Term Leases	0.76	0.78	-	-
Other Long-Term Liabilities	196.16	153.12	8.2	13.1
Total Long-Term Liabilities	196.93	153.9	8.2	13.1
Total Liabilities	246.27	191.81	15.13	13.41
Common Stock	0.02	0.02	0.01	0
Additional Paid-in Capital	2,333	879.85	104.24	-12.91
Accumulated Other Comprehensive Income	-0.2	0.13	-	-
Retained Earnings	-454.35	-387.36	-72.87	-
Total Common Shareholders' Equity	1,878	492.63	31.38	-12.91
Minority Interest	10.19	10.56	22.57	258.97
Shareholders' Equity	1,889	503.19	53.94	246.06
Total Liabilities & Equity	2,135	695	69.07	259.47
Total Debt	1.28	3.05	0.85	0
Net Cash (Debt)	1,748	356.88	15.91	0.28
Net Cash Growth	389.90%	2143.53%	5670.41%	-
Net Cash Per Share	14.07	3.64	0.27	0.01
Book Value	1,878	492.63	31.38	-12.91
Book Value Per Share	15.11	5.03	0.53	-0.29
Tangible Book Value	1,676	289.17	31.38	-12.91
Tangible Book Value Per Share	13.49	2.95	0.53	-0.29