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  "presentationDate": "2023-08-01 00:00:00",
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      "text": "1. Principally included in \"Selling, general and administrative\" within our unaudited Condensed Consolidated Statements of Operations.\n2. Relates to certain costs included in \"Advanced projects, start-up, development and other\" within our unaudited Condensed Consolidated Statements of Operations that do not qualify for capitalization incurred in connection with the\ninitial commissioning and starting up of our separations capability at Mountain Pass and our metal alloy and magnet-making capabilities at Fort Worth prior to the achievement of commercial production. These costs include payroll of\nemployees directly involved in such commissioning activities, training costs, costs of testing and commissioning the new circuits and processes, and other related costs. Given the nature and scale of the related costs and activities,\nmanagement does not view these as normal, recurring operating expenses, but rather as non-recurring investments to develop such capabilities. Therefore, we believe it is useful and necessary for investors to understand our core\noperating performance in current and future periods by excluding the impact of these start-up costs.\n3. The majority of the amounts for the three months ended June 30, 2023, and March 31, 2023, are included in \"Advanced projects, start-up, development and other\" within our unaudited Condensed Consolidated Statements of\nOperations, and pertain to legal, professional services, and other costs associated with non-recurring transactions.\n4. Amounts for the three months ended June 30, 2023, and March 31, 2023, principally relate to demolition costs incurred in connection with demolishing and removing certain out-of-use older facilities and infrastructure from the\nMountain Pass site to accommodate future expansion in rare earth processing.\n5. Principally comprised of interest and investment income.",
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