Every 10-Q that 5E Advanced Materials, Inc. (FEAM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow FEAM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FEAM filings page.
5E Advanced Materials, Inc. reported a net loss of $12.1M for the quarter ended March 31, 2026 and a nine‑month loss of $33.7M. Operating expenses were $12.3M for the quarter, driven largely by depreciation, project expenses and a $1.6M impairment of horizontal sidetrack wells.
Cash and cash equivalents increased to $25.4M as of March 31, 2026, helped by equity financings including a February 2026 offering that generated net proceeds of about $33.2M. Despite these financings, management states there is substantial doubt about the company’s ability to continue as a going concern without additional capital.
5E Advanced Materials, Inc. reported a net loss of $10.9M for the quarter and $21.6M for the six months ended December 31, 2025, improving from losses of $14.3M and $27.1M a year earlier as operating costs declined.
Total assets were $58.6M and stockholders’ equity was $51.6M, with cash and cash equivalents of only $0.6M at period end. Management states there is substantial doubt about the company’s ability to continue as a going concern without additional financing.
The company eliminated its convertible note debt in March 2025 through an exchange into equity and continued to raise capital via several equity offerings and warrant exercises, including a subsequent $36.0M equity raise in February 2026. A new mineral resource estimate increased measured and indicated boric acid resources by 61% and lithium carbonate equivalent by 54%, supporting its development-stage boron and lithium project in California.
5E Advanced Materials (FEAM) reported a net loss of $10.7 million for the three months ended September 30, 2025, as operating expenses totaled $10.7 million and non‑operating items were modest. Management stated there is substantial doubt about the company’s ability to continue as a going concern.
Cash and cash equivalents were $5.5 million as of September 30, 2025. The company raised net proceeds of about $7.4 million in the August 2025 equity offering. Shares outstanding were 22,444,587 as of November 12, 2025.
Operationally, 5E advanced its Fort Cady project: the Preliminary Feasibility Study for Phase 1 outlines an aggregate capital estimate of about $435 million, converting reserves of approximately 5.3 million short tons of boric acid at an average grade of 8.03% B2O3 and an initial 39.5‑year mine life. The plan targets FEL‑3 and a final investment decision in mid‑2026, with initial commercial production targeted for the second half of 2028. The company shipped boric acid for qualification trials, including 20 tons for specialty glass and 1,000 pounds for boron carbide.