Company: FEAV
Filing Date: 2025-02-03
Form Type: DEF 14A
Source: 0000950170-25-012391
Chunk: 131

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-02-03
Form: DEF 14A
Chunk 131
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 |
| Current portion of debt                  |     |                |    42 |     |          |    42 |
| Accounts payable and accrued liabilities |     | $              | 7,390 |     | $        | 9,567 |

Includes $129 thousand and $235 thousand related to capital expenditures as of September 30, 2024 and June 30, 2024, respectively.

7. Debt

Long Term Debt

Long-term debt consisted of the following at the end of each period presented.

|                                       |     | September 30,  
 2024           
 (in thousands) |        |   |     | June 30, 
 2024     |        |   |
|:--------------------------------------|:----|:---------------|-------:|:--|:----|:---------|-------:|:--|
| August 2022 Notes                     |     | $              | 68,955 |   |     | $        | 65,671 |   |
| June 2024 Notes                       |     |                |  6,108 |   |     |          |  6,000 |   |
| September 2024 Notes                  |     |                |  6,000 |   |     |          |      — |   |
| Vehicle notes payable                 |     |                |     98 |   |     |          |    108 |   |
| Total debt                            |     |                | 81,161 |   |     |          | 71,779 |   |
| Current portion of debt               |     |                |     42 |   |     |          |     42 |   |
| Long-term debt                        |     |                | 81,119 |   |     |          | 71,737 |   |
| Unamortized convertible note discount |     |                | (5,525 | ) |     |          | (4,035 | ) |
| Unamortized debt issuance costs       |     |                | (3,163 | ) |     |          | (2,871 | ) |
| Long-term debt, net                   |     | $              | 72,431 |   |     | $        | 64,831 |   |

As further discussed below, on September 16, 2024, the Company issued an additional $6.0 million aggregate principal amount of September 2024 Notes. Additionally, on August 15,