Company: FEAV
Filing Date: 2025-01-24
Form Type: PRE 14A
Source: 0000950170-25-008828
Chunk: 121

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-01-24
Form: PRE 14A
Chunk 121
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 in Item 8 of this Annual Report for a discussion of new accounting requirements.

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APPENDIX B-1

5E ADVANCED MATERIALS, INC. UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2024 AND 2023 (AS INCLUDED IN THE COMPANY’S QUARTERLY REPORT ON FORM 10-Q FILED NOVEMBER 13, 2024)

80

Index to Unaudited Condensed Consolidated Financial Statements

September 30, 2024 and 2023</div>

|                                                                                | Page |
| Unaudited Condensed Consolidated Balance Sheets                                |   82 |
| Unaudited Condensed Consolidated Statements of Operations                      |   83 |
| Unaudited Condensed Consolidated Statements of Cash Flows                      |   84 |
| Unaudited Condensed Consolidated Statements of Changes in Shareholders’ Equity |   85 |
| Notes to Unaudited Condensed Consolidated Financial Statements                 |   86 |

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5E ADVANCED MATERIALS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(Unaudited)

(In thousands, except per share data)</div>

| ASSETS                                                                       
 Current assets:                                                              |     | September 30, 
 2024          |          |   |     | June 30, 
 2024     |          |   |
|:-----------------------------------------------------------------------------|:----|:--------------|---------:|:--|:----|:---------|---------:|:--|
| Cash and cash equivalents                                                    |     | $             |    6,851 |   |     | $        |    4,896 |   |
| Prepaid expenses and other current assets                                    |     |               |    1,258 |   |     |          |    1,913 |   |
| Total current assets                                                         |     |               |    8,109 |   |     |          |    6,809 |   |
| Mineral rights and properties, net                                           |     |               |    7,633 |   |     |          |    7,616 |   |
| Construction in progress                                                     |     |               |      849 |   |     |          |      608 |   |
| Properties, plant and equipment, net                                         |     |               |   68