American Resources Corp
For the period ended Dec 31, 2025. Filed May 20, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed May 20, 2026
AREC$1.17+7.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2025 · 2024 | |||
| (As Revised) | |||
| Revenue | |||
| Metal recovery and sales | $ | - | $34,070 |
| Total revenue | - | 34,070 | |
| Operating expenses | |||
| Cost of coal sales and processing | 306,639 | 530,891 | |
| Depreciation | 122,916 | 123,253 | |
| General and administrative | 9,557,890 | 11,417,208 | |
| Professional fees | 478,449 | 1,735,305 | |
| Litigation expense | 720,283 | - | |
| Production taxes and royalties | 14,851 | 11,638 | |
| Development | 107,507 | 434,793 | |
| Total operating expenses | 11,308,535 | 14,253,088 | |
| Net loss from operations | (11,308,535) | (14,219,018) | |
| Other income (expense) | |||
| Losses from equity method investees | (84,063) | (409,268) | |
| Loss on debt extinguishment | (5,193,382) | - | |
| Other income and (expense) | (61,927) | 110,060 | |
| Interest income | 577,526 | 78,791 | |
| Interest expense | (1,764,115) | (1,521,726) | |
| Total other income (expenses) | (6,525,961) | (1,742,143) | |
| Loss from continuing operations | (17,834,496) | (15,961,161) | |
| Income (loss) from discontinued operations (Note 2) | 73,219,707 | (23,242,809) | |
| Net income (loss) | 55,385,211 | (39,203,970) | |
| Net loss attributable to non-controlling interest | 26,526 | 87,814 | |
| Net income (loss) attributable to ARC shareholders | $55,411,737 | $(39,116,156) | |
| Loss from continuing operations per share, basic and diluted | $(0.20) | $(0.21) | |
| Income (loss) from discontinued operations per share, basic and diluted | 0.84 | (0.30) | |
| Total income (loss) per share, basic and diluted | $0.63 | $(0.51) | |
| Weighted average shares outstanding - basic and diluted | 87,274,415 | 77,222,990 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.