{"schema_version":"secwatch.filing_event.v1","accession":"0001801368-23-000018","form_type":"8-K","ticker":"MP","cik":"0001801368","company_name":"MP Materials Corp. / DE","filed_at":"2023-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.656730+00:00","generated_at":"2026-06-15T22:46:08.335733+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MP Materials Q1 revenue down 42% YoY to $95.7M; net income falls 56% to $37.4M","bullets":["Diluted EPS $0.20 ($0.27 adjusted); net income $37.4M vs $85.6M a year ago.","REO sales volume 10,215 MT (-13% YoY); realized price $9,365/MT (-32% YoY).","Production cost per REO MT $1,978 (+24% YoY) reflecting cost inflation.","Stage II and Stage III construction progressing; CEO notes weaker commodity pricing.","Adjusted EBITDA $58.7M, down 56% from $132.3M in Q1 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001801368-23-000018","json":"https://secwatch.observer/filing/0001801368-23-000018.json","markdown":"https://secwatch.observer/filing/0001801368-23-000018.md","text":"https://secwatch.observer/filing/0001801368-23-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1801368/000180136823000018/0001801368-23-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1801368/000180136823000018/mp-20230504.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T22:46:08.335733+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":[{"claim_id":"299e2be643f631cb32a087bed710a7582aa0bbc8","claim":"MP Materials Corp. / DE reported the three months ended March 31, 2023 results: revenue $95.7M, net income $37.4M, EPS $0.20.","evidence_excerpt":"MP Materials Reports First Quarter 2023 Results REO Sales and Production Volumes of 10,215 and 10,671 Metric Tons, Respectively Revenue of $95.7M and Net Income of $37.4M Adjusted EBITDA of $58.7M Diluted EPS of $0.20 and Adjusted Diluted EPS of $0.27","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1801368/000180136823000018/0001801368-23-000018-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2023"},{"label":"Revenue","value":"$95.7M"},{"label":"Net income","value":"$37.4M"},{"label":"EPS","value":"$0.20"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}