FREYR Battery Q3 net loss widens to $27.5M on $4.5M restructuring charge; cash $184.1M

T1 Energy Inc.

2024-Q3 EPS reported -$0.59

Net loss attributable to stockholders $27.5M ($0.20/share) vs $9.8M ($0.07) in Q3 2023; operating loss $31.8M.
Recognized $4.5M restructuring charge in Q3 2024, none in prior year.
Cash, cash equivalents and restricted cash $184.1M at Sep 30, 2024; no debt outstanding.
Nine-month net loss attributable to stockholders $83.0M vs $47.8M in prior year period.
Total operating expenses $31.8M, down from $35.0M YoY, driven by lower G&A costs.

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