{"schema_version":"secwatch.filing_event.v1","accession":"0001970622-26-000019","form_type":"8-K","ticker":"USAR","cik":"0001970622","company_name":"USA Rare Earth, Inc.","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.904908+00:00","generated_at":"2026-05-15T08:27:50.758498+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"USA Rare Earth FY2025 operating loss $59.5M; year-end cash $360M; $1.5B PIPE closed","bullets":["FY2025 operating loss $59.5M, net loss $297.6M ($3.31 diluted EPS); adjusted net loss $80.0M ($0.82/share).","Year-end cash $359.9M; subsequent $1.5B PIPE closed Jan 2026 boosts balance to ~$1.75B.","Expects to finalize $1.6B DoC CHIPS award in April 2026 to accelerate mine-to-magnet value chain.","Acquired Less Common Metals (Nov 2025); commissioning Stillwater magnet Phase 1a in Q2 2026 with 600 MTPA by Q4 2026.","Agreed to acquire TMRC to consolidate Round Top; new CLO, Global Policy Officer, and board member appointed."],"urls":{"canonical":"https://secwatch.observer/filing/0001970622-26-000019","json":"https://secwatch.observer/filing/0001970622-26-000019.json","markdown":"https://secwatch.observer/filing/0001970622-26-000019.md","text":"https://secwatch.observer/filing/0001970622-26-000019.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1970622/000197062226000019/0001970622-26-000019-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1970622/000197062226000019/usar-20260330.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:27:50.758498+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":"4961bb0929f0846db52a98e9ffc23db267fbdcff","claim":"USA Rare Earth, Inc. reported financial results for the fourth quarter and year ended December 31, 2025.","evidence_excerpt":"On March 30, 2026, USA Rare Earth, Inc. (the “Company”) issued an earnings press release announcing its financial results for the fourth quarter and year ended December 31, 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1970622/000197062226000019/0001970622-26-000019-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2025"},{"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"}