{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-055427","form_type":"8-K","ticker":"USAR","cik":"0001970622","company_name":"USA Rare Earth, Inc.","filed_at":"2025-06-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.596305+00:00","generated_at":"2026-05-19T03:37:01.976232+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"USA Rare Earth files 2024 audited financials: net loss $16.4M; going concern doubt; cash $116.3M post-financings","bullets":["Net loss attributable to USARE stockholders $15.7M in 2024 vs $7.4M in 2023; total net loss $16.4M.","Cash used in operating activities $13.0M in 2024; cash and equivalents $16.8M at Dec 31, 2024.","Going concern doubt: company needs substantial additional funds for Phase 1 magnet plant and operations.","Subsequent financings of ~$105M (Feb & May 2025); cash approx $116.3M as of June 13, 2025.","Accumulated deficit $72.9M; business combination with IPXX closed March 13, 2025, now traded on Nasdaq."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-055427","json":"https://secwatch.observer/filing/0001213900-25-055427.json","markdown":"https://secwatch.observer/filing/0001213900-25-055427.md","text":"https://secwatch.observer/filing/0001213900-25-055427.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1970622/000121390025055427/0001213900-25-055427-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1970622/000121390025055427/ea0246118-8k_usarare.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T03:37:01.976232+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}