American Resources Corporation (AREC)

American Resources Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.28	0.6	1.32	10.87	11.49	10.62
Short-Term Investments	-	0.59	1.35	-	-	-
Cash & Short-Term Investments	2.28	1.19	2.67	10.87	11.49	10.62
Cash Growth	311.16%	-55.31%	-75.48%	-5.39%	8.24%	319319.22%
Accounts Receivable	0.03	0.01	-	0.66	3.18	0.04
Other Receivables	0.09	0.09	-	-	-	0.23
Receivables	0.11	0.09	-	0.66	3.18	0.27
Inventory	1.08	0.96	0.13	0.45	-	0.15
Prepaid Expenses	1.77	1.15	1.73	0.79	0.62	0.18
Restricted Cash	0.61	2.35	2.24	-	-	-
Other Current Assets	3.7	5.58	31.04	-	0.01	-
Total Current Assets	9.54	11.33	37.8	12.77	15.3	11.22
Property, Plant & Equipment	36.88	40.15	21.55	22.15	23.63	22.5
Long-Term Investments	1.67	1.71	3.48	18.78	2.5	-
Other Long-Term Assets	152.35	152.41	1.52	2.12	1.1	0.58
Total Assets	200.45	205.87	64.73	55.92	42.87	38.42
Accounts Payable	11.27	13.26	7.8	9.21	7.18	4.97
Accrued Expenses	3.34	2.74	0.8	0.11	1.33	1.04
Short-Term Debt	-	-	-	-	0.07	0.07
Current Portion of Long-Term Debt	45.74	45.71	45.68	11.7	5.86	11
Current Portion of Leases	6.93	7.68	8.84	3.89	0.15	-
Other Current Liabilities	15.02	15.41	15.15	2.52	1.95	3.85
Total Current Liabilities	82.3	84.8	78.27	27.43	16.54	20.93
Long-Term Debt	155.68	151.84	0.49	-	9.17	19.56
Long-Term Leases	31.88	28	9.68	7.9	0.55	0.07
Other Long-Term Liabilities	22.78	22.28	21.29	20.3	18.97	17.86
Total Liabilities	292.64	286.92	109.73	55.63	45.22	58.42
Common Stock	0.01	0.01	0.01	0.01	0.01	0
Additional Paid-In Capital	191.44	186.41	181.75	167.52	163.44	113.28
Retained Earnings	-282.08	-265.91	-225.29	-167.24	-165.79	-133.29
Total Common Equity	-90.63	-79.49	-43.53	0.28	-2.35	-20.01
Minority Interest	-1.57	-1.56	-1.47	-	-	-
Shareholders' Equity	-92.2	-81.05	-45.01	0.28	-2.35	-20.01
Total Liabilities & Equity	200.45	205.87	64.73	55.92	42.87	38.42
Total Debt	240.23	233.23	64.69	23.49	15.8	30.7
Net Cash (Debt)	-237.95	-232.04	-62.02	-12.62	-4.31	-20.09
Net Cash Per Share	-2.98	-3.00	-0.83	-0.19	-0.08	-0.68
Filing Date Shares Outstanding	84.61	100.87	79.18	78.21	65.74	50.8
Total Common Shares Outstanding	84.31	78	76.25	66.78	65.08	42.97
Working Capital	-72.76	-73.48	-40.47	-14.67	-1.24	-9.72
Book Value Per Share	-1.08	-1.02	-0.57	0.00	-0.04	-0.47
Tangible Book Value	-90.63	-79.49	-43.53	0.28	-2.35	-20.01
Tangible Book Value Per Share	-1.08	-1.02	-0.57	0.00	-0.04	-0.47
Land	1.62	1.62	1.62	1.62	1.57	1.57
Buildings	0.05	0.05	0.05	-	-	-
Machinery	-	-	-	-	12.89	9.37
Construction In Progress	4.89	5.32	4.45	-	0.01	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q