EPS: As of FY2025 Q1, the actual value is USD 0.<h3>Operational Metrics</h3><ul><li>Net Loss: The company reported a net loss of $2,395 for the three months ended March 31, 2025, compared to a net loss of $3,626 for the same period in 2024, indicating a reduction in losses.</li><li>Operating Expenses: Total operating expenses decreased to $2,672 for the three months ended March 31, 2025, from $3,630 in the same period in 2024, primarily due to reduced exploration and evaluation costs.</li></ul><h3>Cash Flow</h3><ul><li>Operating Cash Flow: Net cash used in operating activities was $2,269 for the three months ended March 31, 2025, compared to $784 for the same period in 2024. The increase was largely due to the absence of grant funds collected in the prior year.</li><li>Investing Cash Flow: Net cash used in investing activities was $59 for the purchase of equipment during the three months ended March 31, 2025, with no similar transactions in the prior year.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is focused on the Demonstration Plant project, which aims to process and separate rare earth elements (REEs) from the Bear Lodge REE Project. The project is expected to commence operations in the fourth quarter of 2025 and extend into 2026, with the goal of producing up to 10 tons of NdPr oxide.</li><li>Funding and Financial Strategy: The company completed a rights offering in March 2024, raising approximately $35,800 to support the Demonstration Plant’s operations and other corporate purposes. Additional funds are required for the Bear Lodge REE Project’s development, with discussions ongoing with the EXIM Bank for potential financing.</li><li>Non-Core Business: The Sundance Gold Project remains on hold, with no immediate plans for advancement due to the company’s focus on the Bear Lodge REE Project.</li></ul>

Rare Element Resources Ltd. | 10-Q: FY2025 Q1 EPS: USD 0