MP Materials Results Presentation Deck
17
Reconciliation and Calculation: Production Cost KPI
(in thousands, unless otherwise stated, unaudited)
Cost of sales (excluding depreciation, depletion and amortization)
Adjusted for:
Stock-based compensation expense(¹)
Shipping and freight
Other
Production Costs(2)
Divided by:
REO sales volume (in MTs)
Production cost per REO MT (in dollars)(²)
1. Pertains only to the amount of stock-based compensation expense included in cost of sales.
2. See "Use of Non-GAAP Financial Measures" for definition and further information.
$
For the three months ended June 30,
2023
2022
22,092
22,704
(795)
(1,995)
(11)
19,903
10,271
1,938
$
$
(506)
(3,508)
(580)
17,498
10,000
1,750
$
$
For the three months
ended March 31,
2023
24,216
(1,122)
(2,288)
(603)
20,203
10,215
1,978
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