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Balance Sheets Overview

Current Ratio
3278.69%
Quick Ratio
3180.40%
Cash Ratio
2999.46%
Debt to Asset Ratio
15.06%
Unit: Thousand (K) dollars
Assets Breakdown
    • Cash and cash equivalents
    • Deferred arrangement costs
    • Property, plant and equipment, g...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Warrant liability
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
1,530,147
1,749,644
359,925
257,609
Accounts receivable
6,270
5,691
3,764
-
Inventories
50,138
28,430
18,535
-
Prepaid expenses
12,347
-
-
-
Deferred offering costs
-
-
0
0
Prepaid expenses and other current assets
-
6,621
3,151
1,268
Other assets, current
73,687
-
-
-
Total current assets
1,672,589
1,790,386
385,375
258,877
Property, plant and equipment, gross
148,996
120,146
87,046
41,034
Less accumulated depreciation
3,165
2,161
1,640
1,490
Property, plant and equipment, net
145,831
117,985
85,406
39,544
Finance lease right-of-use assets
1,233
1,233
1,233
1,233
Less accumulated amortization
313
251
190
129
Finance lease-right-of-use assets, net
920
982
1,043
1,104
Property, plant and equipment, net
146,751
118,967
86,449
40,648
Mineral interests
17,339
17,339
17,339
17,339
Goodwill
134,848
134,848
134,848
-
Other intangible assets, net
65,899
67,255
68,612
-
Equipment deposits
46,904
5,364
1,879
6,073
Operating lease right-of-use assets
2,151
473
321
355
Deferred arrangement costs
912,091
-
-
-
Other assets, non-current
255
207
176
33
Total assets
2,998,827
2,134,839
694,999
323,325
Accounts payable
17,367
17,084
11,069
1,829
Accrued liabilities
31,679
21,360
14,073
13,424
Contract liabilities, current
1,328
10,377
10,500
-
Derivative liability
-
-
0
0
Note payable
0
0
1,849
0
Finance leases, current
290
286
283
-
Finance and operating leases, current
-
-
-
426
Operating leases, current
350
232
137
-
Other
-
-
0
0
Total current liabilities
51,014
49,339
37,911
15,679
Deferred grant income
8,482
8,414
8,200
8,200
Finance leases, non-current
445
519
592
-
Finance and operating leases, non-current
-
-
-
884
Operating leases, non-current
2,111
244
185
-
Earnout liability
0
145,080
108,671
166,087
Warrant liability
364,189
26,491
19,534
177,785
Deferred tax liability
15,665
16,179
16,715
-
Contract liabilities, non-current
9,602
-
-
-
Total liabilities
451,508
246,266
191,808
368,635
12 seriesa cumulative convertible preferred stock subject to possible redemption
-
-
8,905
13,272
Subscription receivable
-
-
0
0
12 seriesa cumulative convertible preferred stock subject to possible redemption
10,347
9,614
-
-
Total mezzanine equity
10,347
9,614
8,905
13,272
Common stock
24
22
15
11
Accumulated other comprehensive (loss) income
-927
-200
130
-
Additional paid-in capital
3,003,612
2,332,912
879,848
276,615
Accumulated deficit
-464,681
-454,349
-387,360
-337,180
Non-controlling interest
-1,056
574
1,653
1,972
Total stockholders' equity
2,536,972
1,878,959
494,286
-58,582
Total liabilities, mezzanine equity, and stockholders' equity
2,998,827
2,134,839
694,999
323,325
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Property, plant andequipment, gross$148,996K (347.81%↑ Y/Y)Finance leaseright-of-use assets$1,233K (0.00%↑ Y/Y)Cash and cashequivalents$1,530,147K (1156.37%↑ Y/Y)Other assets, current$73,687K Inventories$50,138K Prepaid expenses$12,347K Accounts receivable$6,270K Property, plant andequipment, net$145,831K (357.65%↑ Y/Y)Financelease-right-of-use assets, net$920K (-21.10%↓ Y/Y)Less accumulateddepreciation$3,165K (124.95%↑ Y/Y)Less accumulatedamortization$313K (367.16%↑ Y/Y)Total current assets$1,672,589K (1253.83%↑ Y/Y)Deferred arrangementcosts$912,091K Property, plant andequipment, net$146,751K (344.28%↑ Y/Y)Goodwill$134,848K Other intangibleassets, net$65,899K Equipment deposits$46,904K (744.36%↑ Y/Y)Mineral interests$17,339K (1.25%↑ Y/Y)Operating leaseright-of-use assets$2,151K (452.96%↑ Y/Y)Other assets,non-current$255K (355.36%↑ Y/Y)Total assets$2,998,827K (1568.79%↑ Y/Y)Total liabilities,mezzanine equity, and...$2,998,827K (1568.79%↑ Y/Y)Total stockholders'equity$2,536,972K (2022.91%↑ Y/Y)Total liabilities$451,508K (57.65%↑ Y/Y)Total mezzanineequity$10,347K (-59.01%↓ Y/Y)Accumulated deficit-$464,681K (-157.44%↓ Y/Y)Non-controlling interest-$1,056K (-146.19%↓ Y/Y)Accumulated othercomprehensive (loss) income-$927K Additional paid-in capital$3,003,612K (6391.49%↑ Y/Y)Warrant liability$364,189K (115.47%↑ Y/Y)Total currentliabilities$51,014K (523.95%↑ Y/Y)Deferred tax liability$15,665K Contract liabilities,non-current$9,602K Deferred grant income$8,482K (3.44%↑ Y/Y)Operating leases,non-current$2,111K Finance leases,non-current$445K 12 seriesacumulative convertible...$10,347K Common stock$24K (140.00%↑ Y/Y)Accrued liabilities$31,679K (517.04%↑ Y/Y)Accounts payable$17,367K (676.01%↑ Y/Y)Contract liabilities,current$1,328K Operating leases, current$350K Finance leases, current$290K

USA Rare Earth, Inc. (USAR)

USA Rare Earth, Inc. (USAR)

🚨 Price Alert: The stock price jumped by 27.36% after the earning call.