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      "text": "1. Principally included in \"Selling, general and administrative\" within our unaudited Condensed Consolidated Statements of Operations.\n2. Included in \"Start-up costs\" within our unaudited Condensed Consolidated Statements of Operations and excludes any applicable stock-based compensation, which is included in the \"Stock-based compensation expense\" line above. Relates to certain costs\nincurred in connection with the commissioning and starting up of our initial separations capability at Mountain Pass and our initial magnet-making capabilities at Fort Worth prior to the achievement of commercial production. These costs include labor of\nincremental employees hired in advance to work directly on 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 initially develop our separations and magnet-making capabilities. Therefore, we believe it is useful and necessary for investors to\nunderstand our core operating performance in current and future periods by excluding the impact of these start-up costs. To the extent additional start-up costs are incurred in the future to expand our separations and magnet-making capabilities after initial\nachievement of commercial production (e.g., significantly expanding production capacity at an existing facility or building a new separations or magnet manufacturing facility), such costs would not be considered an adjustment for this non-GAAP financial\nmeasure.\n3. Principally included in \"Advanced projects and development\" within our unaudited Condensed Consolidated Statements of Operations, and pertains to legal, consulting, and advisory services, and other costs associated with specific transactions, including\npotential acquisitions, mergers, or other investments.\n4. Included in \"Other operating costs and expenses\" within our unaudited Condensed Consolidated Statements of Operations.\n5. The year ended December 31, 2023, includes $5.5 million in demolition costs associated with demolishing and removing certain out-of-use older facilities and infrastructure from the Mountain Pass site to accommodate future expansion in rare earth\nprocessing.\n6. Represents a non-cash write-down of a portion of our legacy low-grade stockpile inventory during the second quarter of 2021.\n7. Represents non-cash revenue recognized in connection with a tariff rebate received relating to product sales from prior periods.\n8. Amounts for the three months and years ended December 31, 2023 and 2022, as well as for the three months ended September 30, 2023, are principally comprised of interest and investment income. Amount for the year ended December 31, 2021,\nprincipally represents a non-cash gain recognized as a result of the Small Business Administration's approval to forgive the Paycheck Protection Loan.",
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