gross profit bridgeinconsistent2022-06-30
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
-$45.35K
Fiscal year ended 2025-12-31Operating income
$4.82M
Fiscal year ended 2025-12-31Free cash flow
Unavailable
Fiscal year ended 2025-12-31American Resources Corp (AREC) reported revenue of -$45.35K and net income of $78.40M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from American Resources Corp’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Silver Ores.
Income
| Metric | 2025-12-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | -$45.35K | $165 | $31.93K | -$299.49K | $235.44K | $4.10K | $94.02K | -$4.86M | $5.83M | $1.98M |
| Cost of revenue | Unavailable | $68.43K | $182.00K | Unavailable | $437.57K | Unavailable | $976.45K | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | -$68.27K | -$150.07K | Unavailable | -$202.13K | Unavailable | -$882.43K | Unavailable | Unavailable | Unavailable |
| Operating income | $4.82M | -$4.38M | -$4.98M | $9.84M | -$8.83M | -$6.23M | -$6.73M | -$27.80M | $1.09M | -$7.03M |
| Net income | $78.40M | -$7.70M | -$6.66M | -$10.45M | -$10.63M | -$7.00M | -$7.02M | -$38.67M | -$2.46M | -$8.47M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | Unavailable | shares 84.31M | shares 78.95M | Unavailable | shares 77.40M | Unavailable | shares 76.37M | Unavailable | Unavailable | Unavailable |
| Pretax income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Income tax expense | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Diluted EPS | Unavailable | $-0.05 | $-0.08 | Unavailable | $-0.14 | Unavailable | $-0.09 | Unavailable | Unavailable | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | -$490.87K | $2.54M | $3.21M | -$4.26M | $6.25M | $2.89M | $3.72M | $6.91M | $1.30M | $1.13M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $31.70M | $2.08M | $24.62K | $201.46K | $840.33K | $554.42K | Unavailable | $1.32M | Unavailable | Unavailable |
| Total assets | $168.91M | $202.36M | $203.62M | $281.65M | $211.60M | $195.52M | $216.09M | $64.73M | $102.92M | $100.08M |
| Current assets | $134.26M | $8.40M | $8.63M | $92.90M | $5.71M | $4.45M | $4.82M | $37.80M | $12.35M | $6.39M |
| Total liabilities | $75.72M | $297.42M | $289.26M | $362.57M | $265.99M | $241.14M | $235.89M | $109.73M | $88.22M | $89.34M |
| Current liabilities | $61.21M | $84.78M | $85.97M | $166.40M | $24.61M | $19.27M | $15.96M | $78.27M | $16.21M | $16.20M |
| Total equity incl. NCI | $93.19M | -$95.06M | -$85.65M | -$80.92M | -$71.94M | -$62.22M | -$52.20M | -$45.01M | -$21.62M | -$20.11M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | $1.08M | $1.08M | $959.99K | $2.03M | $2.03M | $129.99K | $129.99K | $2.17M | $711.23K |
| Accounts receivable | Unavailable | $18.23K | $37.30K | $6.68K | Unavailable | Unavailable | Unavailable | $0 | $4.39M | Unavailable |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $965.29K | $965.29K | Unavailable | $0 | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | $4.76M | $8.96M | $9.01M | Unavailable | Unavailable | Unavailable | $4.43M | $4.33M | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | Unavailable | -$7.98M | -$1.43M | -$3.69M | -$4.33M | -$8.47M | -$4.75M | -$13.66M | $756.78K | $725.46K |
| Capital expenditures | Unavailable | Unavailable | Unavailable | $892.83K | -$482.57K | Unavailable | Unavailable | $82.17K | $3.53M | -$508.93K |
| Investing cash flow | Unavailable | -$148.86M | $151.65M | -$5.30M | -$119.85M | $143.56M | -$143.80M | -$29.51M | -$3.41M | $205.82K |
| Financing cash flow | Unavailable | $9.14M | $76.80K | $614.03K | -$1.27M | -$1.89M | $148.23M | $364.49K | -$287.06K | $47.47M |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $49.11M |
| Stock-based compensation | $7.41M | $1.31M | $518.62K | $877.27K | Unavailable | Unavailable | $986.13K | $3.01M | $376.57K | Unavailable |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | Unavailable | Unavailable | $550.64K | Unavailable | Unavailable | Unavailable | $32.50K | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2025-12-31 | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | -$4.59M | Unavailable | Unavailable | Unavailable | -$13.74M | -$2.78M | Unavailable |
| Gross margin | Unavailable | -41374.5% | -470.0% | Unavailable | -85.8% | Unavailable | -938.6% | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | -2656743.0% | -15608.8% | Unavailable | -3750.1% | -152122.5% | -7158.3% | Unavailable | 18.7% | -355.0% |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -47.7% | Unavailable |
| SBC / revenue | Unavailable | 793121.8% | 1624.4% | Unavailable | Unavailable | Unavailable | 1048.9% | Unavailable | Unavailable | Unavailable |
| Current ratio | 2.19x | 0.10x | 0.10x | 0.56x | 0.23x | 0.23x | 0.30x | 0.48x | 0.76x | 0.39x |
| Revenue YoY growth | Unavailable | -99.9% | -66.0% | Unavailable | -96.0% | -99.8% | -98.9% | -203.7% | -38.7% | -87.8% |
| Net margin | Unavailable | -4667098.8% | -20847.7% | Unavailable | -4513.4% | Unavailable | -7467.8% | Unavailable | -42.1% | Unavailable |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 60.6% | -25.7% |
| Long-term debt / equity | 0.01x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AREC in the interactive workspace to inspect any figure back to its filing.
Source filings
10-K · Filed 2026-05-20View SEC filing
10-Q/A · Filed 2025-11-17View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-K/A · Filed 2025-10-24View SEC filing
10-Q/A · Filed 2025-10-24View SEC filing
10-K/A · Filed 2025-06-02View SEC filing
Reconciliation checks needing review
9 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2022-03-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
balance equationreview2024-09-30
Difference 17556354 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2024-06-30
Difference 16604352 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2024-03-31
Difference 32400383 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2023-09-30
Difference 36316974 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2023-06-30
Difference 30845788 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2023-03-31
Difference 19727011 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.
balance equationreview2022-12-31
Difference 20219603 exceeds tolerance 1000000. Presentation or filing-vintage differences need review.