American Resources Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	16.74	39.47	7.76	1.06	24.48	31.52	20.82	7.6	0.06	0
Revenue Growth (YoY)	-57.58%	409.00%	631.85%	-95.67%	-22.35%	51.41%	173.92%	12075.74%	-	-
Cost of Revenue	14.26	25.47	8.4	5.11	30.31	28.17	21.32	10.21	0.06	0
Gross Profit	2.48	14	-0.64	-4.05	-5.83	3.36	-0.5	-2.61	0	0
Selling, General & Admin	7.01	4.02	3.88	2.49	5.11	6.18	1.38	0.24	0.2	0.08
Research & Development	11.75	28.13	18.1	4	7.24	3.82	6.85	1.76	0	0
Other Operating Expenses	-4.85	1.33	5.71	5.91	41.77	4.86	3.86	17.24	0.21	0.01
Operating Expenses	13.91	33.49	27.69	12.4	54.12	14.85	12.09	19.24	0.4	0.08
Operating Income	-11.42	-19.49	-28.33	-16.45	-59.95	-11.5	-12.59	-21.85	-0.4	-0.08
Interest Expense / Income	1.34	1.43	4.16	3.38	2.91	1.29	0.56	0.28	0	0
Other Expense / Income	-1.3	-19.47	0.01	-9.57	8.06	0.12	-0.21	0.01	0.02	0
Pretax Income	-11.46	-1.45	-32.5	-10.26	-70.92	-12.91	-12.94	-22.14	-0.42	-0.09
Net Income	-11.46	-1.45	-32.5	-10.26	-70.92	-12.91	-12.94	-22.14	-0.42	-0.09
Preferred Dividends	0	0	0	0	0	0.11	0.05	0	0	0
Net Income Common	-11.46	-1.45	-32.5	-10.26	-70.92	-13.02	-12.99	-22.14	-0.42	-0.09
Shares Outstanding (Basic)	75	67	55	29	24	4	1	1	1	1
Shares Outstanding (Diluted)	75	67	55	29	24	4	1	1	1	1
Shares Change	12.95%	20.92%	88.09%	21.85%	585.76%	343.41%	-6.06%	14.31%	16.40%	-
EPS (Basic)	-0.15	-0.02	-0.59	-0.35	-2.94	-3.69	-16.39	-	-0.60	-
EPS (Diluted)	-0.15	-0.02	-0.59	-0.35	-2.94	-3.69	-16.39	-	-0.60	-
Free Cash Flow	-13.55	19.46	-32.16	-13.43	-19.53	-3.5	-5.82	-5.85	-0.09	-0.08
Free Cash Flow Per Share	-0.18	0.29	-0.58	-0.46	-0.81	-1.00	-7.34	-6.94	-0.13	-0.13
Gross Margin	14.84%	35.47%	-8.25%	-381.96%	-23.82%	10.65%	-2.39%	-34.35%	3.54%	-
Operating Margin	-68.22%	-49.37%	-365.34%	-1552.09%	-244.93%	-36.47%	-60.45%	-287.47%	-643.91%	-
Profit Margin	-68.41%	-3.66%	-419.12%	-967.81%	-289.73%	-41.31%	-62.38%	-291.32%	-680.07%	-
Free Cash Flow Margin	-80.93%	49.29%	-414.70%	-1267.29%	-79.80%	-11.10%	-27.94%	-76.98%	-148.38%	-
EBITDA	-9.38	2.34	-26.38	-5.02	-63.42	-9.16	-10.29	-19.6	-0.39	-0.09
EBITDA Margin	-56.02%	5.93%	-340.11%	-473.46%	-259.10%	-29.05%	-49.44%	-257.82%	-631.74%	-
Depreciation & Amortization	0.74	2.36	1.97	1.86	4.59	2.46	2.08	2.26	0.03	0
EBIT	-10.12	-0.02	-28.34	-6.87	-68.01	-11.62	-12.38	-21.86	-0.42	-0.09
EBIT Margin	-60.43%	-0.05%	-365.49%	-648.54%	-277.84%	-36.86%	-59.44%	-287.59%	-680.07%	-

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).