$FEAM
5E Advanced Materials, Inc.

2024 Q3 Form 10-K Financial Statement

#000095017024104782 Filed on September 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2024 Q1
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $4.798M $7.583M $2.997M
YoY Change -20.54% 11.94% -50.08%
% of Gross Profit
Research & Development $0.00 $2.462M $0.00
YoY Change -100.0% 32.37% -100.0%
% of Gross Profit
Depreciation & Amortization $4.972M $5.050M $48.00K
YoY Change 9281.13% 5389.13% 2.78%
% of Gross Profit
Operating Expenses $12.91M $15.06M $4.205M
YoY Change 67.39% 73.34% -49.2%
Operating Profit -$12.91M -$4.205M
YoY Change 67.39% -49.2%
Interest Expense $2.155M -$1.065M $822.0K
YoY Change 20.59% -32.51% -63.25%
% of Operating Profit
Other Income/Expense, Net $52.00K -$1.000K -$21.70M
YoY Change -103.14% -108.33% 1081.27%
Pretax Income -$12.86M -$16.12M -$25.91M
YoY Change 37.24% 57.26% 156.1%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$12.86M -$16.12M -$25.91M
YoY Change 37.24% 57.26% 156.1%
Net Earnings / Revenue
Basic Earnings Per Share -$0.20 -$0.44
Diluted Earnings Per Share -$0.20 -$0.26 -$0.44
COMMON SHARES
Basic Shares Outstanding 68.83M 63.29M 63.29M
Diluted Shares Outstanding 65.47M 58.51M

Balance Sheet

Concept 2024 Q3 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.851M $4.896M $7.986M
YoY Change -41.92% -75.91% -77.92%
Cash & Equivalents $6.851M $4.896M $7.986M
Short-Term Investments
Other Short-Term Assets $1.258M $1.913M $2.012M
YoY Change -1.18% 5.81% 6.34%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $8.109M $6.809M $9.998M
YoY Change -37.95% -69.23% -73.73%
LONG-TERM ASSETS
Property, Plant & Equipment $68.62M $73.87M $3.000M
YoY Change 2141.85% 2317.28% -2.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $317.0K $317.0K $314.0K
YoY Change 0.96% 0.63% -71.25%
Total Long-Term Assets $77.67M $82.70M $86.97M
YoY Change -6.06% 4.99% 18.21%
TOTAL ASSETS
Total Short-Term Assets $8.109M $6.809M $9.998M
Total Long-Term Assets $77.67M $82.70M $86.97M
Total Assets $85.77M $89.50M $96.96M
YoY Change -10.41% -11.29% -13.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.481M $854.0K $1.973M
YoY Change -25.09% -42.76% -54.21%
Accrued Expenses $5.988M $8.812M $5.255M
YoY Change -16.9% 20.19% -26.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $42.00K $42.00K $41.00K
YoY Change 2.44% 5.0% 2.5%
Total Short-Term Liabilities $7.511M $9.708M $7.269M
YoY Change -18.57% 9.52% -36.64%
LONG-TERM LIABILITIES
Long-Term Debt $81.12M $71.74M $65.75M
YoY Change 27.43% 16.05% 6.34%
Other Long-Term Liabilities $3.738M $4.259M $957.0K
YoY Change 373.76% 433.71% 24.29%
Total Long-Term Liabilities $81.12M $71.74M $65.75M
YoY Change 27.43% 16.05% 6.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.511M $9.708M $7.269M
Total Long-Term Liabilities $81.12M $71.74M $65.75M
Total Liabilities $83.68M $78.80M $71.50M
YoY Change 64.16% 66.48% 47.51%
SHAREHOLDERS EQUITY
Retained Earnings -$212.9M -$200.0M -$183.9M
YoY Change 44.45% 44.94% 43.95%
Common Stock $689.0K $633.0K $633.0K
YoY Change 55.88% 43.54% 43.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.094M $10.71M $25.46M
YoY Change
Total Liabilities & Shareholders Equity $85.77M $89.50M $96.96M
YoY Change -10.41% -11.29% -13.14%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$12.86M -$16.12M -$25.91M
YoY Change 37.24% 57.26% 156.1%
Depreciation, Depletion And Amortization $4.972M $5.050M $48.00K
YoY Change 9281.13% 5389.13% 2.78%
Cash From Operating Activities -$6.375M -$7.235M -$4.865M
YoY Change -7.42% 10.14% -38.75%
INVESTING ACTIVITIES
Capital Expenditures $11.00K $1.309M $2.392M
YoY Change -78.43% -86.97% -82.82%
Acquisitions
YoY Change
Other Investing Activities $86.00K $0.00
YoY Change -100.0%
Cash From Investing Activities -$400.0K -$1.309M -$2.392M
YoY Change -75.48% -85.88% -82.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.730M 5.454M 13.20M
YoY Change -87400.0% -60700.0% 927.88%
NET CHANGE
Cash From Operating Activities -6.375M -7.235M -4.865M
Cash From Investing Activities -400.0K -1.309M -2.392M
Cash From Financing Activities 8.730M 5.454M 13.20M
Net Change In Cash 1.955M -3.090M 5.941M
YoY Change -122.93% -80.5% -128.87%
FREE CASH FLOW
Cash From Operating Activities -$6.375M -$7.235M -$4.865M
Capital Expenditures $11.00K $1.309M $2.392M
Free Cash Flow -$6.386M -$8.544M -$7.257M
YoY Change -7.94% -48.57% -66.81%

Facts In Submission

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RecognitionOfOperatingLeaseLiabilitiesAndRightOfUseAssets
0
CY2024 feam Increase Decrease In Asset Retirement Costs
IncreaseDecreaseInAssetRetirementCosts
0
CY2023 feam Increase Decrease In Asset Retirement Costs
IncreaseDecreaseInAssetRetirementCosts
198000
CY2024 feam Increase In Net Long Term Debt Resulting From Modification
IncreaseInNetLongTermDebtResultingFromModification
20953000
CY2023 feam Increase In Net Long Term Debt Resulting From Modification
IncreaseInNetLongTermDebtResultingFromModification
0
CY2024 feam Interest Paid Through Issuance Of Additional Convertible Notes
InterestPaidThroughIssuanceOfAdditionalConvertibleNotes
3961000
CY2023 feam Interest Paid Through Issuance Of Additional Convertible Notes
InterestPaidThroughIssuanceOfAdditionalConvertibleNotes
1710000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
62662000
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3466000
CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-44000
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4953000
CY2023 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
13153000
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-30624000
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
53566000
CY2024 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
15794000
CY2024 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
-131000
CY2024 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3490000
CY2024 us-gaap Net Income Loss
NetIncomeLoss
-62013000
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
10706000
CY2024 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Concentrations of Risk</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company maintains cash deposits at several major banks, which at times may exceed amounts covered by insurance provided by the United States Federal Deposit Insurance Corporation. Management monitors the financial health of the banks and believes the Company is not exposed to any significant credit risk, and the Company has not experienced any such losses.</span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company’s operations are predominately focused on the Project, which results in the Company being dependent upon a single mining operation in a single geographic region in the western United States in California. The geographic concentration of the Company’s operations may disproportionately expose it to disruptions if the region experiences severe weather, transportation capacity constraints, constraints on the availability of required equipment, facilities, personnel or services, significant governmental regulation or natural disasters.</span></p>
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Use of Estimates</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;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 the asset retirement obligations (“ARO”), assumptions used to value the embedded conversion option of the Convertible Notes, and fair value of stock-based compensation. Actual results could differ due to the uncertainty inherent in the nature of these estimates.</span></p>
CY2024Q2 feam Reclamation Bond Deposit Current
ReclamationBondDepositCurrent
311000
CY2023Q2 feam Reclamation Bond Deposit Current
ReclamationBondDepositCurrent
309000
CY2024 feam Percentage Of Tax Benefit To Be Realized For Recognition In The Income Statement
PercentageOfTaxBenefitToBeRealizedForRecognitionInTheIncomeStatement
0.50
CY2024 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-size:10pt;margin-top:12pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Reclassifications</span><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;"> </span></p><p style="font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:left;"><span style="color:#000000;white-space:pre-wrap;font-size:10pt;font-family:Times New Roman;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></p>
CY2023Q1 us-gaap Mineral Properties Accumulated Impairment
MineralPropertiesAccumulatedImpairment
908000
CY2024Q2 us-gaap Mineral Properties Net
MineralPropertiesNet
7616000
CY2023Q2 us-gaap Mineral Properties Net
MineralPropertiesNet
7637000
CY2024Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
608000
CY2023Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
67553000
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
79339000
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3374000
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5467000
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
318000
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
73872000
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3056000
CY2024 us-gaap Depreciation
Depreciation
5200000
CY2023 us-gaap Depreciation
Depreciation
184000
CY2023Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
724000
CY2024 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0
CY2024 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0
CY2024 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
71000
CY2024Q2 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
795000
CY2024Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
854000
CY2023Q2 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
1492000
CY2024Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
603000
CY2023Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1350000
CY2024Q2 feam Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
3309000
CY2023Q2 feam Accrued Capital Expenditures Current
AccruedCapitalExpendituresCurrent
3386000
CY2024Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2263000
CY2023Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1072000
CY2024Q2 feam Accrued Interest Current
AccruedInterestCurrent
2496000
CY2023Q2 feam Accrued Interest Current
AccruedInterestCurrent
1388000
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
42000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
40000
CY2024Q2 feam Accounts Payable And Accrued Liabilities Including Current Portion Of Long Term Debt
AccountsPayableAndAccruedLiabilitiesIncludingCurrentPortionOfLongTermDebt
9567000
CY2023Q2 feam Accounts Payable And Accrued Liabilities Including Current Portion Of Long Term Debt
AccountsPayableAndAccruedLiabilitiesIncludingCurrentPortionOfLongTermDebt
8728000
CY2024Q2 feam Capital Expenditure Included In Trade Accounts Payable
CapitalExpenditureIncludedInTradeAccountsPayable
235000
CY2023Q2 feam Capital Expenditure Included In Trade Accounts Payable
CapitalExpenditureIncludedInTradeAccountsPayable
699000000
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
71779000
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
61858000
CY2024Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
42000
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
40000
CY2024Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
71737000
CY2023Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
61818000
CY2024Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
4035000
CY2023Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
20691000
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2871000
CY2023Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3456000
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
64831000
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
37671000
CY2024 feam Convertible Note Interest
ConvertibleNoteInterest
5068000
CY2023 feam Convertible Note Interest
ConvertibleNoteInterest
3098000
CY2024 feam Vehicle Notes Payable Interest
VehicleNotesPayableInterest
5000
CY2023 feam Vehicle Notes Payable Interest
VehicleNotesPayableInterest
7000
CY2024 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3481000
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
4907000
CY2024 us-gaap Interest Expense Other
InterestExpenseOther
19000
CY2023 us-gaap Interest Expense Other
InterestExpenseOther
0
CY2024 feam Gross Interest Expense
GrossInterestExpense
8573000
CY2023 feam Gross Interest Expense
GrossInterestExpense
8012000
CY2024 feam Amount Capitalized To Construction In Progress
AmountCapitalizedToConstructionInProgress
2374000
CY2023 feam Amount Capitalized To Construction In Progress
AmountCapitalizedToConstructionInProgress
1158000
CY2024 us-gaap Interest Expense
InterestExpense
6199000
CY2023 us-gaap Interest Expense
InterestExpense
6854000
CY2024 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.179
CY2023 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.253
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
CY2024 feam Convertible Note Derivative Additions
ConvertibleNoteDerivativeAdditions
4064000
CY2024 us-gaap Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
749000
CY2024Q2 feam Convertible Note Derivative Liability
ConvertibleNoteDerivativeLiability
3315000
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15800000
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
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
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
575000
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
4.64
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
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
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
CY2024 feam Share Based Compensation Arrangement By Share Based Payment Award Options Expired Or Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredOrForfeitedInPeriod
-761000
CY2024 feam Share Based Compensation Arrangement By Share Based Payment Award Options Expired Or Forfeited In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredOrForfeitedInPeriodWeightedAverageExercisePrice
14.47
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
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4001000
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
9.33
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
CY2024 feam Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOptionsVestedInPeriod
3660000
CY2024 feam Share Based Compensation Arrangement By Share Based Payment Award Options Vested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedWeightedAverageExercisePrice
9.8
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
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
341000
CY2024Q2 feam Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsNonvestedWeightedAverageExercisePrice
4.23
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
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
838000
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
6.42
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
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
575000
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.44
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
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
490000
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
9.24
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
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
582000
CY2024 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
6.12
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
292000
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
8.26
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
341000
CY2024Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
1.79
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
838000
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
6.42
CY2024 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
0
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6200000
CY2024 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
8573000
CY2023 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
8012000
CY2024 feam Derivative Gain Loss On Convertible Notes Derivatives
DerivativeGainLossOnConvertibleNotesDerivatives
749000
CY2023 feam Derivative Gain Loss On Convertible Notes Derivatives
DerivativeGainLossOnConvertibleNotesDerivatives
11743000
CY2024 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
46615000
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
3506000
CY2024 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4601000
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4724000
CY2024 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
183000
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
206000
CY2024Q2 us-gaap Purchase Obligation
PurchaseObligation
4200000
CY2023Q3 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
5500000
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-62013000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-30624000
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
0
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
0
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-62013000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-30624000
CY2024 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-62013000
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-30624000
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2024 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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13023000
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