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Alpha Metallurgical Resources Inc

For the period ended Jun 30, 2024. Filed Aug 5, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 5, 2024

AMR$155.15+4.9%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

(Mark One)
☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2024

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number 001-38735

ALPHA METALLURGICAL RESOURCES, INC.

(Exact name of registrant as specified in its charter)

Delaware81-3015061
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
340 Martin Luther King Jr. Blvd.
Bristol, Tennessee 37620
(Address of principal executive offices, zip code)
(423) 573-0300
(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockAMRNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. x Yes ¨ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Sec.232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). x Yes ¨ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). ☐ Yesx No

Number of shares of the registrant’s Common Stock, $0.01 par value per share, outstanding as of July 31, 2024:13,016,010

TABLE OF CONTENTS
Cautionary Note Regarding Forward-Looking Statements4
Part I - Financial Information
Item 1.Financial Statements
Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2024 and June 30, 2023 (Unaudited)6
Condensed Consolidated Statements of Comprehensive Income for the Three and Six Months Ended June 30, 2024 and June 30, 2023 (Unaudited)7
Condensed Consolidated Balance Sheets as of June 30, 2024 and December 31, 2023 (Unaudited)8
Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2024 and June 30, 2023 (Unaudited)9
Condensed Consolidated Statements of Stockholders’ Equity for the Three and Six Months Ended June 30, 2024 and June 30, 2023 (Unaudited)11
Notes to Condensed Consolidated Financial Statements (Unaudited)12
(1) Business and Basis of Presentation12
(2) Revenue12
(3) Accumulated Other Comprehensive Loss13
(4) Net Income Per Share14
(5) Inventories, net15
(6) Capital Stock15
(7) Accrued Expenses and Other Current Liabilities15
(8) Long-Term Debt15
(9) Asset Retirement Obligations16
(10) Fair Value of Financial Instruments and Fair Value Measurements16
(11) Income Taxes17
(12) Employee Benefit Plans17
(13) Related Party Transactions18
(14) Commitments and Contingencies18
(15) Segment Information21
Glossary24
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations26
Results of Operations28
Liquidity and Capital Resources35
Critical Accounting Policies and Estimates40
Item 3.Quantitative and Qualitative Disclosures about Market Risk40
Item 4.Controls and Procedures41
Part II - Other Information
Item 1.Legal Proceedings41
Item 1A.Risk Factors41
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds42
Item 4.Mine Safety Disclosures42
Item 5.Other Information42
Item 6.Exhibits42
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.