10-K Filing

MP MATERIALS CORP. / DE CIK: 1801368 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001801368-21-000011`
Period End Date	20201231
Filing Date	20210322
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	mp-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 33 Cash Flow Statement 71 Stockholders Equity 15

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.76M	USD	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$519.65M	USD	Point-in-time
Trade accounts receivable (including related parties)	`AccountsReceivableNetCurrent`	$370.00K	USD	Point-in-time
Trade accounts receivable (including related parties)	`AccountsReceivableNetCurrent`	$3.59M	USD	Point-in-time
Preferred shares, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred shares, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$23.05M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventories	`InventoryNet`	$32.27M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.23M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$5.53M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	450.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$27.41M	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	149.31M	shares	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	66.56M	shares	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	170.72M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$561.05M	USD	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	149.31M	shares	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	66.56M	shares	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	170.72M	shares	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$26.79M	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$9.10M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$501.97M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$46.39M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$1.03M	USD	Point-in-time
Finance lease right-of-use assets	`FinanceLeaseRightOfUseAsset`	$586.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$622.00K	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$1.14M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$513.24M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$74.39M	USD	Point-in-time
Total assets	`Assets`	$101.79M	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$12.03M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$16.14M	USD	Point-in-time
Accounts payable and accrued liabilitiesrelated parties	`AccountsPayableAndAccruedLiabilitiesCurrentRelatedParties`	$23.00K	USD	Point-in-time
Accounts payable and accrued liabilitiesrelated parties	`AccountsPayableAndAccruedLiabilitiesCurrentRelatedParties`	$2.15M	USD	Point-in-time
Deferred revenuerelated parties	`ContractWithCustomerLiabilityDeferredRevenueCurrent`	$6.61M	USD	Point-in-time
Deferred revenuerelated parties	`ContractWithCustomerLiabilityDeferredRevenueCurrent`	-	USD	Point-in-time
Deferred revenuerelated parties	`ContractWithCustomerLiabilityDeferredRevenueCurrent`	$3.30M	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtCurrentMaturitiesExcludingRelatedParties`	-	USD	Point-in-time
Current installments of long-term debt	`LongTermDebtCurrentMaturitiesExcludingRelatedParties`	$2.40M	USD	Point-in-time
Current installments of long-term debtrelated parties	`LongTermDebtCurrentMaturitiesRelatedParties`	$22.07M	USD	Point-in-time
Current installments of long-term debtrelated parties	`LongTermDebtCurrentMaturitiesRelatedParties`	$4.48M	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$266.00K	USD	Point-in-time
Current portion of finance lease liabilities	`FinanceLeaseLiabilityCurrent`	$194.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.62M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$2.16M	USD	Point-in-time
Other current liabilitiesrelated parties	`OtherLiabilitiesCurrentRelatedParties`	$3.23M	USD	Point-in-time
Other current liabilitiesrelated parties	`OtherLiabilitiesCurrentRelatedParties`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.32M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$25.57M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$23.89M	USD	Point-in-time
Total environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.60M	USD	Point-in-time
Total environmental obligations	`AccruedEnvironmentalLossContingenciesNoncurrent`	$16.63M	USD	Point-in-time
Deferred revenuerelated parties, net of current portion	`ContractWithCustomerLiabilityDeferredRevenueNonCurrent`	-	USD	Point-in-time
Deferred revenuerelated parties, net of current portion	`ContractWithCustomerLiabilityDeferredRevenueNonCurrent`	$28.93M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtExcludingCurrentMaturitiesAndRelatedParties`	$961.00K	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtExcludingCurrentMaturitiesAndRelatedParties`	-	USD	Point-in-time
Long-term debtrelated parties, net of current portion	`LongTermDebtExcludingCurrentMaturitiesRelatedParties`	$44.38M	USD	Point-in-time
Long-term debtrelated parties, net of current portion	`LongTermDebtExcludingCurrentMaturitiesRelatedParties`	$13.59M	USD	Point-in-time
Finance lease liability, non-current	`FinanceLeaseLiabilityNoncurrent`	$399.00K	USD	Point-in-time
Finance lease liability, non-current	`FinanceLeaseLiabilityNoncurrent`	$736.00K	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$87.47M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$1.63M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$5.05M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$177.35M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$88.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$119.82M	USD	Point-in-time
Total liabilities	`Liabilities`	$220.41M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either year)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($0.0001 par value, 50,000,000 shares authorized, none issued and outstanding in either year)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($0.0001 par value, 450,000,000 shares authorized, 170,719,979 and 66,556,975 shares issued and outstanding)	`CommonStockValue`	$7.00K	USD	Point-in-time
Common stock ($0.0001 par value, 450,000,000 shares authorized, 170,719,979 and 66,556,975 shares issued and outstanding)	`CommonStockValue`	$17.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$916.48M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$22.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-62.62M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-40.80M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$853.88M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-11.27M	USD	Point-in-time
Total stockholders equity (deficit)	`StockholdersEquity`	$-18.02M	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Total liabilities and stockholders equity (deficit)	`LiabilitiesAndStockholdersEquity`	$101.79M	USD	Point-in-time

Income Statement 33 line items

Line Item	Tag	Value	Unit	Period
Product sales (including to related parties)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$73.41M	USD	Annual
Product sales (including to related parties)	`RevenueFromContractWithCustomerExcludingAssessedTax`	$134.31M	USD	Annual
Cost of sales (including to related parties)(excluding depreciation, depletion and amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$63.80M	USD	Annual
Cost of sales (including to related parties)(excluding depreciation, depletion and amortization)	`CostOfGoodsAndServiceExcludingDepreciationDepletionAndAmortization`	$61.26M	USD	Annual
Royalty expense to SNR	`RoyaltyExpense`	$1.89M	USD	Annual
Royalty expense to SNR	`RoyaltyExpense`	$2.41M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$11.10M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$27.01M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.69M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.93M	USD	Annual
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$2.09M	USD	Annual
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$2.25M	USD	Annual
Settlement charge	`GainLossOnContractTermination`	$-66.60M	USD	Point-in-time
Settlement charge	`GainLossOnContractTermination`	$-66.61M	USD	Annual
Settlement charge	`GainLossOnContractTermination`	-	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$169.01M	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$81.03M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-34.70M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-7.62M	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$4.28M	USD	Annual
Other income, net	`NonoperatingIncomeExpense`	$251.00K	USD	Annual
Interest expense, net	`InterestExpense`	$5.01M	USD	Annual
Interest expense, net	`InterestExpense`	$3.41M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-39.46M	USD	Annual
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-6.75M	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$-17.64M	USD	Annual
Income tax benefit (expense)	`IncomeTaxExpenseBenefit`	$1.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-6.75M	USD	Annual
Net loss	`NetIncomeLoss`	$-21.82M	USD	Annual
Basic and diluted (in USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.10	USD	Annual
Basic and diluted (in USD per share)	`EarningsPerShareBasicAndDiluted`	$-0.27	USD	Annual
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	66.56M	shares	Annual
Basic and diluted (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	79.69M	shares	Annual

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-6.75M	USD	Annual
Net loss	`NetIncomeLoss`	$-21.82M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$4.69M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$6.93M	USD	Annual
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$2.09M	USD	Annual
Accretion of asset retirement and environmental obligations	`AccretionExpenseIncludingAssetRetirementObligations`	$2.25M	USD	Annual
Loss (gain) on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.38M	USD	Annual
Loss (gain) on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-101.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	-	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$5.01M	USD	Annual
Accretion of debt discount	`AmortizationOfDebtDiscountPremium`	$3.15M	USD	Annual
Accretion of debt discount	`AmortizationOfDebtDiscountPremium`	$1.00M	USD	Annual
Non-cash settlement charge	`GainLossOnContractTermination`	$-66.60M	USD	Point-in-time
Non-cash settlement charge	`GainLossOnContractTermination`	$-66.61M	USD	Annual
Non-cash settlement charge	`GainLossOnContractTermination`	-	USD	Annual
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	-	USD	Annual
Revenue recognized in exchange for debt principal reduction	`ContractWithCustomerLiabilityRelatedPartiesRevenueRecognizedForDebtPrincipalReduction`	$21.31M	USD	Annual
Trade accounts receivable (including related parties)	`IncreaseDecreaseInAccountsReceivable`	$145.00K	USD	Annual
Trade accounts receivable (including related parties)	`IncreaseDecreaseInAccountsReceivable`	$3.22M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$9.22M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$9.57M	USD	Annual
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.79M	USD	Annual
Prepaid expenses, other current and non-current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$82.00K	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.25M	USD	Annual
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.85M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$1.76M	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-1.52M	USD	Annual
Refund liability to related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedPartiesRefundLiability`	$162.00K	USD	Annual
Refund liability to related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedPartiesRefundLiability`	$-2.75M	USD	Annual
Deferred revenue from related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedParties`	$7.06M	USD	Annual
Deferred revenue from related party	`IncreaseDecreaseInContractWithCustomerLiabilityRelatedParties`	$1.93M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.52M	USD	Annual
Other current and non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-3.03M	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.00K	USD	Annual
Deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$17.79M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-437.00K	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.28M	USD	Annual
Additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.27M	USD	Annual
Additions of property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.37M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.90M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.37M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.62M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$7.24M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfOtherLongTermDebt`	$3.36M	USD	Annual
Proceeds from Second Additional Advance	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Proceeds from Second Additional Advance	`ProceedsFromRelatedPartyDebt`	$35.45M	USD	Annual
Proceeds from Business Combination, including PIPE Financing	`ProceedsFromBusinessCombinationAndPrivatePlacementFinancing`	-	USD	Annual
Proceeds from Business Combination, including PIPE Financing	`ProceedsFromBusinessCombinationAndPrivatePlacementFinancing`	$544.71M	USD	Annual
Principal payments on debt obligations and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$11.33M	USD	Annual
Principal payments on debt obligations and finance leases	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$20.18M	USD	Annual
Payment of underwriting and transaction costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payment of underwriting and transaction costs	`PaymentsOfStockIssuanceCosts`	$40.33M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.06M	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.10M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$521.96M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$502.87M	USD	Annual
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.09M	USD	Annual
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash beginning balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.48M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.57M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$532.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash ending balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$519.65M	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$24.00K	USD	Point-in-time
Restricted cash, current	`RestrictedCashCurrent`	$3.69M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$26.79M	USD	Point-in-time
Restricted cash, non-current	`RestrictedCashNoncurrent`	$9.10M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$853.88M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-11.27M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$-18.02M	USD	Point-in-time
Issuance of Shenghe Warrant	`StockIssuedDuringPeriodValueWarrantsExercised`	$53.85M	USD	Annual
Business Combination, including PIPE Financing	`StockIssuedDuringPeriodValueAcquisitionsAndPrivatePlacementFinancing`	$509.27M	USD	Annual
SNR Mineral Rights Acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$326.65M	USD	Annual
Common stock issuances	`StockIssuedDuringPeriodValueNewIssues`	-	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.01M	USD	Annual
Shares used to settle payroll tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$996.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-6.75M	USD	Annual
Net loss	`NetIncomeLoss`	$-21.82M	USD	Annual
Other	`StockholdersEquityOther`	$64.00K	USD	Annual
Ending balance	`StockholdersEquity`	$853.88M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-11.27M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$-18.02M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.