2023 Q3 Form 10-K Financial Statement

#000095017023045509 Filed on August 30, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2023
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $6.038M $6.774M $25.37M
YoY Change 23.58% -33.04% -53.66%
% of Gross Profit
Research & Development $39.00K $1.860M $262.0K
YoY Change 0.0% -41.93% 96.99%
% of Gross Profit
Depreciation & Amortization $53.00K $92.00K $184.0K
YoY Change 43.24% -42.77% 64.29%
% of Gross Profit
Operating Expenses $7.713M $8.686M $36.71M
YoY Change -9.86% -34.96% -45.88%
Operating Profit -$7.713M -$36.71M
YoY Change -9.86% -45.88%
Interest Expense $1.787M -$1.578M $6.854M
YoY Change 117.66% -1800.8% 114133.33%
% of Operating Profit
Other Income/Expense, Net -$1.657M $12.00K $6.083M
YoY Change -112.59% -54.9% 444.1%
Pretax Income -$9.370M -$10.25M -$30.62M
YoY Change -303.43% -22.54% -54.1%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$9.370M -$10.25M -$30.62M
YoY Change -303.43% -22.54% -54.1%
Net Earnings / Revenue
Basic Earnings Per Share -$0.21 -$0.70
Diluted Earnings Per Share -$0.21 -$0.23 -$0.70
COMMON SHARES
Basic Shares Outstanding 44.22M 44.15M 43.84M
Diluted Shares Outstanding 44.22M 43.84M

Balance Sheet

Concept 2023 Q3 2023 Q2 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.80M $20.32M $20.32M
YoY Change -84.1% -34.56% -34.56%
Cash & Equivalents $11.80M $20.32M $20.32M
Short-Term Investments
Other Short-Term Assets $1.273M $1.808M $1.808M
YoY Change -16.96% 20.05% 20.05%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $13.07M $22.13M $22.13M
YoY Change -82.74% -32.04% -32.04%
LONG-TERM ASSETS
Property, Plant & Equipment $3.061M $3.056M $78.45M
YoY Change 7.52% 6.44% 110.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $314.0K $315.0K $315.0K
YoY Change -71.25% -71.15% -71.15%
Total Long-Term Assets $82.67M $78.77M $78.77M
YoY Change 80.02% 105.54% 105.54%
TOTAL ASSETS
Total Short-Term Assets $13.07M $22.13M $22.13M
Total Long-Term Assets $82.67M $78.77M $78.77M
Total Assets $95.74M $100.9M $100.9M
YoY Change -21.31% 42.34% 42.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.977M $1.492M $1.492M
YoY Change -58.05% -79.31% -56.87%
Accrued Expenses $7.206M $7.332M $7.332M
YoY Change 50.03% 4370.73% 4370.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $41.00K $40.00K $40.00K
YoY Change 5.13% 5.26% 5.26%
Total Short-Term Liabilities $9.224M $8.864M $8.864M
YoY Change -3.46% 20.17% 20.17%
LONG-TERM LIABILITIES
Long-Term Debt $63.66M $61.82M $37.67M
YoY Change 5.85% 41668.92% 25353.38%
Other Long-Term Liabilities $789.0K $798.0K $798.0K
YoY Change -93.23% 14.0% 14.0%
Total Long-Term Liabilities $63.66M $61.82M $38.47M
YoY Change 5.85% 41668.92% 4436.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.224M $8.864M $8.864M
Total Long-Term Liabilities $63.66M $61.82M $38.47M
Total Liabilities $50.98M $47.33M $47.33M
YoY Change -3.52% 475.55% 475.55%
SHAREHOLDERS EQUITY
Retained Earnings -$147.4M -$138.0M
YoY Change 43.4% 28.52%
Common Stock $442.0K $441.0K
YoY Change 1.84% 1.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $44.76M $53.57M $53.57M
YoY Change
Total Liabilities & Shareholders Equity $95.74M $100.9M $100.9M
YoY Change -21.31% 42.34% 42.34%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2023
OPERATING ACTIVITIES
Net Income -$9.370M -$10.25M -$30.62M
YoY Change -303.43% -22.54% -54.1%
Depreciation, Depletion And Amortization $53.00K $92.00K $184.0K
YoY Change 43.24% -42.77% 64.29%
Cash From Operating Activities -$6.886M -$6.569M -$30.70M
YoY Change -11.85% 25.72% 7.27%
INVESTING ACTIVITIES
Capital Expenditures $51.00K $10.04M $352.0K
YoY Change 363.64% -247.93% -71.15%
Acquisitions
YoY Change
Other Investing Activities $776.0K $776.0K
YoY Change
Cash From Investing Activities -$1.631M -$9.269M -$39.31M
YoY Change -68.18% 36.5% 244.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.00K -9.000K 59.27M
YoY Change -100.02% -100.43% 93.55%
NET CHANGE
Cash From Operating Activities -6.886M -6.569M -30.70M
Cash From Investing Activities -1.631M -9.269M -39.31M
Cash From Financing Activities -10.00K -9.000K 59.27M
Net Change In Cash -8.527M -15.85M -10.73M
YoY Change -119.76% 59.66% 14.28%
FREE CASH FLOW
Cash From Operating Activities -$6.886M -$6.569M -$30.70M
Capital Expenditures $51.00K $10.04M $352.0K
Free Cash Flow -$6.937M -$16.61M -$31.05M
YoY Change -11.33% -1161.29% 4.06%

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CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
797000
CY2023 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3466000
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5222000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
59268000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30622000
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10734000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-9393000
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-361000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31057000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40811000
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20323000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31057000
CY2023 us-gaap Interest Paid Net
InterestPaidNet
7000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
6000
CY2023 feam Accounts Payable And Accrued Liabilities Change Related To Construction In Progress
AccountsPayableAndAccruedLiabilitiesChangeRelatedToConstructionInProgress
2197000
CY2022 feam Accounts Payable And Accrued Liabilities Change Related To Construction In Progress
AccountsPayableAndAccruedLiabilitiesChangeRelatedToConstructionInProgress
2922000
CY2023 feam Interest Paid Through Issuance Of Additional Convertible Notes
InterestPaidThroughIssuanceOfAdditionalConvertibleNotes
1710000
CY2022 feam Interest Paid Through Issuance Of Additional Convertible Notes
InterestPaidThroughIssuanceOfAdditionalConvertibleNotes
0
CY2023 feam Construction In Progress Transferred To Properties Plant And Equipment
ConstructionInProgressTransferredToPropertiesPlantAndEquipment
0
CY2022 feam Construction In Progress Transferred To Properties Plant And Equipment
ConstructionInProgressTransferredToPropertiesPlantAndEquipment
55000
CY2023 feam Equipment Acquired With Notes Payable
EquipmentAcquiredWithNotesPayable
0
CY2022 feam Equipment Acquired With Notes Payable
EquipmentAcquiredWithNotesPayable
206000
CY2023 feam Recognition Of Operating Lease Liabilities And Right Of Use Assets
RecognitionOfOperatingLeaseLiabilitiesAndRightOfUseAssets
0
CY2022 feam Recognition Of Operating Lease Liabilities And Right Of Use Assets
RecognitionOfOperatingLeaseLiabilitiesAndRightOfUseAssets
283000
CY2023 feam Increase Decrease In Asset Retirement Costs
IncreaseDecreaseInAssetRetirementCosts
198000
CY2022 feam Increase Decrease In Asset Retirement Costs
IncreaseDecreaseInAssetRetirementCosts
103000
CY2023 feam Business Combination Exchange Ratio Basis
BusinessCombinationExchangeRatioBasis
one for ten
CY2023Q2 us-gaap Mineral Properties Net
MineralPropertiesNet
7637000
CY2022Q2 us-gaap Mineral Properties Net
MineralPropertiesNet
8364000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
800000
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
16.67
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
1700000
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Concentration of Risk</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">We maintain cash deposits at several major banks, which at times may exceed amounts covered by insurance provided by the United States Federal Deposit Insurance Corporation (“FDIC”). We monitor the financial health of the banks and have not experienced any losses in such accounts and believe we are not exposed to any significant credit risk.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates, assumptions, and allocations that affect amounts reported in the consolidated financial statements and related notes. Items that are subject to such estimates and assumptions include, but are not limited to, estimated useful lives and valuation of properties, plant and equipment, mineral rights and properties, deferred tax assets, estimation of future costs, useful life, and discount rates used to calculate our asset retirement obligations (“ARO”), assumptions used to value the embedded conversion option of our convertible note, and fair value of stock-based compensation. Actual results could differ due to the uncertainty inherent in the nature of these estimates.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2023 us-gaap Lease Cost
LeaseCost
183000
CY2022 us-gaap Lease Cost
LeaseCost
182000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
15.39
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
835000
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.15
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
148000
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1904000
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
2.75
CY2023 feam Share Based Compensation Arrangement By Share Based Payment Award Options Expired Or Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredOrForfeitedInPeriod
-652000
CY2023 feam Share Based Compensation Arrangement By Share Based Payment Award Options Expired Or Forfeited In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredOrForfeitedInPeriodWeightedAverageExercisePrice
17.42
CY2023Q2 feam Reclamation Bond Deposit Current
ReclamationBondDepositCurrent
309000
CY2022Q2 feam Reclamation Bond Deposit Current
ReclamationBondDepositCurrent
1086000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.67
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5554000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.19
CY2023 feam Percentage Of Tax Benefit To Be Realized For Recognition In The Income Statement
PercentageOfTaxBenefitToBeRealizedForRecognitionInTheIncomeStatement
0.50
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:12.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;">Reclassifications</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;font-style:italic;min-width:fit-content;"> </span></p><p style="text-indent:0.0%;font-size:10.0pt;margin-top:6.0pt;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;">Certain reclassifications have been made to prior years’ reported amounts in order to conform to the current year presentation. These reclassifications did not impact our previously reported net income (loss), stockholders’ equity or cash flows.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:&quot;Times New Roman&quot;, serif;min-width:fit-content;"> </span></p>
CY2023Q1 us-gaap Mineral Properties Accumulated Impairment
MineralPropertiesAccumulatedImpairment
908000
CY2023Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
67553000
CY2022Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
25625000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3374000
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3022000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
318000
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
151000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3056000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2871000
CY2023 us-gaap Depreciation
Depreciation
184000
CY2022 us-gaap Depreciation
Depreciation
112000
CY2022Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
489000
CY2021Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
377000
CY2023 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
31000
CY2022 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
106000
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
167000
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
-3000
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
37000
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
9000
CY2023Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
724000
CY2022Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
489000
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
168000
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
124000
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
168000
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
125000
CY2023 us-gaap Short Term Lease Payments
ShortTermLeasePayments
15000
CY2022 us-gaap Short Term Lease Payments
ShortTermLeasePayments
57000
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
15000
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
57000
CY2023 feam Operating Lease Payments Including Short Term Lease Payments
OperatingLeasePaymentsIncludingShortTermLeasePayments
183000
CY2022 feam Operating Lease Payments Including Short Term Lease Payments
OperatingLeasePaymentsIncludingShortTermLeasePayments
181000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
140000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
74000
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
214000
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4000
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
210000
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
136000
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
74000
CY2023Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1492000
CY2022Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
3459000
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1350000
CY2022Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1489000
CY2023Q2 feam Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
3386000
CY2022Q2 feam Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
1446000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1072000
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
780000
CY2023Q2 feam Accrued Interest Current
AccruedInterestCurrent
1388000
CY2022Q2 feam Accrued Interest Current
AccruedInterestCurrent
0
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
40000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
38000
CY2023Q2 feam Accounts Payable And Accrued Liabilities Including Current Portion Of Long Term Debt
AccountsPayableAndAccruedLiabilitiesIncludingCurrentPortionOfLongTermDebt
8728000
CY2022Q2 feam Accounts Payable And Accrued Liabilities Including Current Portion Of Long Term Debt
AccountsPayableAndAccruedLiabilitiesIncludingCurrentPortionOfLongTermDebt
7212000
CY2023Q2 feam Capital Expenditure Included In Trade Accounts Payable
CapitalExpenditureIncludedInTradeAccountsPayable
699000
CY2022Q2 feam Capital Expenditure Included In Trade Accounts Payable
CapitalExpenditureIncludedInTradeAccountsPayable
1600000
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
61858000
CY2022Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
186000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
40000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
38000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
61818000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
148000
CY2023Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
20691000
CY2022Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0
CY2023Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3456000
CY2022Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
0
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
37671000
CY2023Q2 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
40316000
CY2022Q3 us-gaap Convertible Debt Fair Value Disclosures
ConvertibleDebtFairValueDisclosures
60000000
CY2023 feam Convertible Note Interest
ConvertibleNoteInterest
3098000
CY2022 feam Convertible Note Interest
ConvertibleNoteInterest
0
CY2023 feam Vehicle Notes Payable Interest
VehicleNotesPayableInterest
7000
CY2022 feam Vehicle Notes Payable Interest
VehicleNotesPayableInterest
6000
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4907000
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
0
CY2023 feam Gross Interest Expense
GrossInterestExpense
8012000
CY2022 feam Gross Interest Expense
GrossInterestExpense
6000
CY2023 feam Amount Capitalized To Construction In Progress
AmountCapitalizedToConstructionInProgress
1158000
CY2022 feam Amount Capitalized To Construction In Progress
AmountCapitalizedToConstructionInProgress
0
CY2023 us-gaap Interest Expense
InterestExpense
6854000
CY2022 us-gaap Interest Expense
InterestExpense
6000
CY2023Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.2525
CY2022Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0
CY2022Q2 feam Convertible Note Derivative Liability
ConvertibleNoteDerivativeLiability
0
CY2023 feam Convertible Note Derivative Additions
ConvertibleNoteDerivativeAdditions
24896000
CY2023 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
11743000
CY2023 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
13153000
CY2023Q2 feam Convertible Note Derivative Liability
ConvertibleNoteDerivativeLiability
0
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
180000000
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2023Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
882000
CY2022 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4900000
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
797000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6200000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4874000
CY2022 feam Share Based Compensation Arrangement By Share Based Payment Award Options Expired Or Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredOrForfeitedInPeriod
-476000
CY2022 feam Share Based Compensation Arrangement By Share Based Payment Award Options Expired Or Forfeited In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredOrForfeitedInPeriodWeightedAverageExercisePrice
5.48
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4187000
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.91
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4874000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.67
CY2023 feam Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsVestedInPeriod
3349000
CY2023 feam Share Based Compensation Arrangement By Share Based Payment Award Options Vested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedWeightedAverageExercisePrice
9.82
CY2022 feam Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsVestedInPeriod
3367000
CY2022 feam Share Based Compensation Arrangement By Share Based Payment Award Options Vested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedWeightedAverageExercisePrice
7.3
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
838000
CY2023Q2 feam Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
15.23
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1507000
CY2022Q2 feam Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
6.05
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1507000
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
6.05
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
270000
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
5.79
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
800000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.11
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1700000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
6.26
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1177000
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
5.88
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CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
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CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
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CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
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CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
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CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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CY2023 feam Income Tax Reconciliation Disallowed Exploration Costs
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CY2022 feam Income Tax Reconciliation Disallowed Exploration Costs
IncomeTaxReconciliationDisallowedExplorationCosts
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CY2023 feam Income Tax Reconciliation Nondeductible Expense Interest On Convertible Note
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CY2022 feam Income Tax Reconciliation Nondeductible Expense Interest On Convertible Note
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CY2023 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
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CY2022 feam Income Tax Reconciliation Impact Of Change In Functional Currency
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CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
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CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2023 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2022Q2 us-gaap Deferred Tax Assets Unrealized Currency Losses
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CY2023Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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1946000
CY2023Q2 us-gaap Deferred Tax Assets Other
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CY2022Q2 us-gaap Deferred Tax Assets Other
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867000
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30754000
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23826000
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CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
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CY2023Q2 us-gaap Deferred Tax Assets Net
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CY2022Q2 us-gaap Deferred Tax Assets Net
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CY2023Q2 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
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CY2022Q2 us-gaap Deferred Tax Liabilities Deferred Expense Deferred Financing Costs
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0
CY2023Q2 feam Deferred Tax Liabilities Depreciation
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CY2022Q2 feam Deferred Tax Liabilities Depreciation
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CY2023Q2 us-gaap Deferred Tax Liabilities Other
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157000
CY2022Q2 us-gaap Deferred Tax Liabilities Other
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102000
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CY2022Q2 us-gaap Deferred Tax Assets Liabilities Net
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CY2023 feam Operating Loss Carryforwards Expiration Period
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CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2023Q2 us-gaap Unrecognized Tax Benefits
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CY2022Q2 us-gaap Unrecognized Tax Benefits
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CY2023Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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CY2023 dei Auditor Firm
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238
CY2022 dei Auditor Firm
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