AREC
American Resources Corporation
Price Chart
No historical data available
Latest Quote
$2.40
-0.14 (-5.51%)
Current Price
| Previous Close | $2.54 |
| Open | $2.52 |
| Day High | $2.54 |
| Day Low | $2.40 |
| Volume | 1,567,322 |
Stock Information
| Shares Outstanding | 106.97M |
| Total Debt | $20.25M |
| Cash Equivalents | $72.17M |
| Net Income | $-17.81M |
| Sector | Industrials |
| Industry | Waste Management |
| Market Cap | $256.73M |
| EPS (TTM) | $-0.20 |
| Exchange | NCM |
Recent Price History
No history data available. Data will be fetched automatically.
About American Resources Corporation
American Resources Corporation engages in the production of rare earth and critical mineral concentrates for the infrastructure and electrification markets. It operates through Electrified Materials and Corporate segments. The Electrified Materials segment aggregates and processes used metals for recycling into new steel-based products for the recovery and sale of recovered metal and steels. American Resources Corporation is headquartered in Fishers, Indiana.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $321,490 | $542,529 | $10,570,533 | $25,343,779 |
| Cost Of Revenue | $321,490 | $542,529 | $10,570,533 | $25,472,705 |
| Total Revenue | $0 | $34,070 | $11,821,899 | $39,474,269 |
| Operating Revenue | $0 | $34,070 | $11,821,899 | $39,474,269 |
| Expenses | ||||
| Interest Expense | $1,764,115 | $1,521,726 | $1,988,074 | $1,426,153 |
| Total Expenses | $10,588,252 | $14,253,088 | $38,658,583 | $63,471,633 |
| Other Income Expense | $-6,059,655 | $-299,208 | $-9,930,434 | $23,946,863 |
| Other Non Operating Income Expenses | $-61,927 | $110,060 | $170,780 | $317,045 |
| Net Non Operating Interest Income Expense | $-1,186,589 | $-1,442,935 | $-1,957,845 | $-1,395,171 |
| Interest Expense Non Operating | $1,764,115 | $1,521,726 | $1,988,074 | $1,426,153 |
| Operating Expense | $10,266,762 | $13,710,559 | $28,088,050 | $37,998,928 |
| General And Administrative Expense | $10,036,339 | $13,152,513 | $12,212,533 | $5,123,786 |
| Other Operating Expenses | - | $991,520 | $1,015,563 | $1,344,047 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-17,807,970 | $-15,873,347 | $-38,527,408 | $-1,445,672 |
| Net Interest Income | $-1,186,589 | $-1,442,935 | $-1,957,845 | $-1,395,171 |
| Interest Income | $577,526 | $78,791 | $30,229 | $30,982 |
| Normalized Income | $-11,894,305 | $-15,873,347 | $-28,988,890 | $-25,075,490 |
| Net Income From Continuing And Discontinued Operation | $55,411,737 | $-39,116,156 | $-38,527,408 | $-1,445,672 |
| Total Operating Income As Reported | $-11,308,535 | $-14,219,018 | $-36,375,202 | $-19,487,321 |
| Net Income Common Stockholders | $55,411,737 | $-39,116,156 | $-38,527,408 | $-1,445,672 |
| Net Income | $55,411,737 | $-39,116,156 | $-38,527,408 | $-1,445,672 |
| Net Income Including Noncontrolling Interests | $55,385,211 | $-39,203,970 | $-38,724,963 | $-1,445,672 |
| Net Income Discontinuous Operations | $73,219,707 | $-23,242,809 | - | - |
| Net Income Continuous Operations | $-17,834,496 | $-15,961,161 | $-38,724,963 | $-1,445,672 |
| Pretax Income | $-17,834,496 | $-15,961,161 | $-38,724,963 | $-1,445,672 |
| Special Income Charges | $-5,913,665 | $0 | $-9,538,518 | $23,629,818 |
| Earnings From Equity Interest | $-84,063 | $-409,268 | $-562,696 | - |
| Interest Income Non Operating | $577,526 | $78,791 | $30,229 | $30,982 |
| Operating Income | $-10,588,252 | $-14,219,018 | $-26,836,684 | $-23,997,364 |
| Depreciation Amortization Depletion Income Statement | $122,916 | $123,253 | $3,546,117 | $3,396,212 |
| Depreciation And Amortization In Income Statement | $122,916 | $123,253 | $3,546,117 | $3,396,212 |
| Depreciation Income Statement | $122,916 | $123,253 | $2,323,431 | $2,157,763 |
| Gross Profit | $-321,490 | $-508,459 | $1,251,366 | $14,001,564 |
| Amortization Of Intangibles Income Statement | - | $1,543,226 | $1,222,686 | $1,238,449 |
| Per Share | ||||
| Diluted EPS | - | $-0.51 | $-0.15 | $-0.02 |
| Basic EPS | - | $-0.51 | $-0.15 | $-0.02 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-10,033,800 | $-14,316,182 | $-23,652,254 | $-20,124,199 |
| Total Unusual Items | $-5,913,665 | $0 | $-9,538,518 | $23,629,818 |
| Total Unusual Items Excluding Goodwill | $-5,913,665 | $0 | $-9,538,518 | $23,629,818 |
| Reconciled Depreciation | $122,916 | $123,253 | $3,546,117 | $3,525,138 |
| EBITDA (Bullshit earnings) | $-15,947,465 | $-14,316,182 | $-33,190,772 | $3,505,619 |
| EBIT | $-16,070,381 | $-14,439,435 | $-36,736,889 | $-19,519 |
| Diluted NI Availto Com Stockholders | $55,411,737 | $-39,116,156 | $-38,527,408 | $-1,445,672 |
| Minority Interests | $26,526 | $87,814 | $197,555 | - |
| Other Special Charges | $5,913,665 | $240,658 | $11,067,926 | $-3,119,775 |
| Research And Development | $107,507 | $434,793 | $11,313,837 | $28,134,883 |
| Selling General And Administration | $10,036,339 | $13,152,513 | $12,212,533 | $5,123,786 |
| Other Gand A | $10,036,339 | $13,152,513 | $12,212,533 | $5,123,786 |
| Diluted Average Shares | - | $77,222,990 | $75,422,390 | $66,316,058 |
| Basic Average Shares | - | $77,222,990 | $75,422,390 | $66,316,058 |
| Gain On Sale Of Ppe | - | $400,000 | $1,529,408 | $20,510,043 |
| Amortization | - | $1,543,226 | $1,222,686 | $1,238,449 |
| Gain On Sale Of Security | - | - | $499,639 | $4,866 |
Fetched: 2026-08-28
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $94,777,118 | $-79,355,308 | $-43,531,447 | $284,696 |
| Total Assets | $168,907,706 | $281,651,874 | $64,725,176 | $55,916,349 |
| Total Non Current Assets | $34,642,993 | $188,755,871 | $26,923,034 | $43,148,896 |
| Other Non Current Assets | $380,770 | $184,375,179 | $1,521,412 | $2,122,263 |
| Non Current Note Receivables | $0 | $280,000 | $379,022 | $99,022 |
| Current Assets | $134,264,713 | $92,896,003 | $37,802,142 | $12,767,453 |
| Other Current Assets | $2,635,151 | $620,042 | $1,729,651 | $786,576 |
| Assets Held For Sale Current | $0 | $9,830,195 | - | - |
| Receivables | $59,457,495 | $81,656,953 | $741,243 | $660,755 |
| Accrued Interest Receivable | $85,991 | $85,991 | $0 | - |
| Accounts Receivable | $59,371,504 | $81,570,962 | $0 | $660,755 |
| Allowance For Doubtful Accounts Receivable | $-62,030,311 | $0 | - | - |
| Gross Accounts Receivable | $121,401,815 | $81,570,962 | - | - |
| Cash Cash Equivalents And Short Term Investments | $72,172,067 | $788,813 | $2,666,761 | $10,873,432 |
| Cash And Cash Equivalents | $31,701,916 | $201,456 | $1,318,854 | $10,873,432 |
| Restricted Cash | - | $6,853,473 | $32,534,496 | $0 |
| Inventory | - | $959,989 | $129,991 | $446,690 |
| Other Receivables | - | $6,675 | - | - |
| Cash Financial | - | - | $2,666,638 | $10,873,432 |
| Prepaid Assets | - | - | - | $786,576 |
| Debt | ||||
| Total Debt | $3,727,945 | $2,591,322 | $47,100,300 | $23,493,415 |
| Long Term Debt And Capital Lease Obligation | $2,340,876 | $1,826,851 | $1,336,019 | $7,902,642 |
| Long Term Debt | $965,286 | $151,841,169 | $486,556 | - |
| Current Debt And Capital Lease Obligation | $1,387,069 | $764,471 | $45,764,281 | $15,590,773 |
| Net Debt | - | $196,950,764 | $44,843,189 | $831,497 |
| Current Debt | - | $45,714,080 | $45,675,487 | $11,704,929 |
| Other Current Borrowings | - | $45,714,080 | $45,675,487 | $11,704,929 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $75,718,780 | $362,568,848 | $109,730,475 | $55,631,653 |
| Total Non Current Liabilities Net Minority Interest | $14,508,412 | $196,169,734 | $31,458,933 | $28,198,276 |
| Other Non Current Liabilities | $12,167,536 | $5,894,110 | $30,122,914 | $20,295,634 |
| Liabilities Heldfor Sale Non Current | $0 | $188,448,773 | - | - |
| Current Liabilities | $61,210,368 | $166,399,114 | $78,271,542 | $27,433,377 |
| Other Current Liabilities | $4,349,613 | $142,576,361 | $8,853,599 | - |
| Payables And Accrued Expenses | $55,473,686 | $23,058,282 | $23,653,662 | $11,842,604 |
| Interest Payable | $54,849 | $68,465 | $485,431 | $106,886 |
| Payables | $53,178,883 | $20,141,682 | $8,753,152 | $11,735,718 |
| Other Payable | $474,407 | $471,566 | $949,942 | $2,524,243 |
| Accounts Payable | $1,093,529 | $2,137,054 | $3,372,106 | $4,916,243 |
| Current Notes Payable | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $94,777,118 | $-79,355,308 | $-43,531,447 | $284,696 |
| Total Equity Gross Minority Interest | $93,188,926 | $-80,916,974 | $-45,005,299 | $284,696 |
| Stockholders Equity | $94,777,118 | $-79,355,308 | $-43,531,447 | $284,696 |
| Retained Earnings | $-210,358,542 | $-265,770,279 | $-225,292,335 | $-167,239,243 |
| Long Term Equity Investment | $32,361,173 | $1,706,244 | $3,477,300 | $18,780,000 |
| Other | ||||
| Ordinary Shares Number | $106,919,830 | $78,017,047 | $76,247,370 | $66,777,620 |
| Share Issued | $106,919,830 | $78,017,047 | $76,247,370 | $66,777,620 |
| Tangible Book Value | $94,777,118 | $-79,355,308 | $-43,531,447 | $284,696 |
| Invested Capital | $95,742,404 | $-79,355,308 | $2,630,596 | $11,989,625 |
| Working Capital | $73,054,345 | $-73,503,111 | $-40,469,400 | $-14,665,924 |
| Capital Lease Obligations | $2,762,659 | $2,591,322 | $938,257 | $11,788,486 |
| Total Capitalization | $95,742,404 | $-79,355,308 | $-43,044,891 | $284,696 |
| Minority Interest | $-1,588,192 | $-1,561,666 | $-1,473,852 | - |
| Additional Paid In Capital | $305,124,968 | $186,407,169 | $181,753,261 | $167,517,259 |
| Capital Stock | $10,692 | $7,802 | $7,627 | $6,680 |
| Common Stock | $10,692 | $7,802 | $7,627 | $6,680 |
| Long Term Capital Lease Obligation | $1,375,590 | $1,826,851 | $849,463 | $7,902,642 |
| Current Capital Lease Obligation | $1,387,069 | $764,471 | $88,794 | $3,885,844 |
| Current Accrued Expenses | $2,294,803 | $2,916,600 | $14,900,510 | $106,886 |
| Dueto Related Parties Current | $51,610,947 | $17,533,062 | $4,431,104 | $4,295,232 |
| Investments And Advances | $32,361,173 | $1,706,244 | $3,477,300 | $18,780,000 |
| Net PPE | $1,901,050 | $2,394,448 | $21,545,300 | $22,147,611 |
| Accumulated Depreciation | $-601,743 | $-478,828 | $-21,459,548 | $-5,199,480 |
| Gross PPE | $2,502,793 | $2,873,276 | $43,004,848 | $27,347,091 |
| Construction In Progress | $129,812 | $92,516 | $16,528,410 | $0 |
| Other Properties | $1,757,981 | $2,165,760 | $982,728 | $13,033,889 |
| Land And Improvements | $615,000 | $615,000 | $12,820,409 | $1,617,435 |
| Other Short Term Investments | $40,470,151 | $587,357 | $1,347,907 | - |
| Buildings And Improvements | - | $54,202 | $54,202 | - |
| Duefrom Related Parties Current | - | $1,081,243 | $741,243 | - |
| Machinery Furniture Equipment | - | - | - | $0 |
Fetched: 2026-08-28
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-10,449,142 | $1,991,801 | $-23,135,647 | $2,549,189 |
| Operating Activities | ||||
| Operating Cash Flow | $-10,411,845 | $1,991,801 | $-19,518,781 | $2,549,189 |
| Cash Flow From Continuing Operating Activities | $-10,411,845 | $1,991,801 | $-19,518,781 | $2,539,627 |
| Operating Gains Losses | $84,063 | $409,268 | $-966,712 | $-5,813,960 |
| Investing Activities | ||||
| Capital Expenditure | $-37,297 | $-1,059,062 | $-3,616,866 | - |
| Investing Cash Flow | $-39,360,615 | $945,968 | $-31,743,043 | $-1,125,759 |
| Cash Flow From Continuing Investing Activities | $-39,360,615 | $945,968 | $-31,743,043 | $-1,125,759 |
| Net Other Investing Changes | - | - | $222,822 | $250,978 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $68,123,675 | $0 | - | $0 |
| Financing Cash Flow | $81,272,921 | $-4,351,968 | $45,348,555 | $-1,015,848 |
| Cash Flow From Continuing Financing Activities | $81,272,921 | $-4,351,968 | $45,348,555 | $-1,015,848 |
| Net Other Financing Charges | $4,658,960 | $-4,541,207 | $45,125,733 | - |
| Net Common Stock Issuance | $68,123,675 | $0 | $0 | $-93,435 |
| Common Stock Issuance | $68,123,675 | $0 | - | $0 |
| Repurchase Of Capital Stock | - | - | $0 | $-93,435 |
| Other | ||||
| Issuance Of Debt | $965,286 | $0 | $1,381,250 | $2,563,000 |
| End Cash Position | $37,893,065 | $4,113,329 | $5,077,560 | $12,995,695 |
| Beginning Cash Position | $4,113,329 | $5,077,560 | $10,990,829 | $12,588,113 |
| Changes In Cash | $33,779,736 | $-964,231 | $-5,913,269 | $407,582 |
| Cash Flow From Discontinued Operation | $2,279,276 | $449,968 | - | - |
| Proceeds From Stock Option Exercised | $7,525,000 | $189,239 | $0 | $0 |
| Net Issuance Payments Of Debt | $965,286 | $0 | $222,822 | $-922,413 |
| Net Long Term Debt Issuance | $965,286 | $0 | $222,822 | $-922,413 |
| Long Term Debt Issuance | $965,286 | $0 | $1,381,250 | $2,563,000 |
| Net Investment Purchase And Sale | $-39,323,318 | $715,036 | $-29,655,585 | $0 |
| Sale Of Investment | $0 | $715,036 | $641,617 | $0 |
| Purchase Of Investment | $-39,323,318 | $0 | $-30,297,202 | $0 |
| Net PPE Purchase And Sale | $-37,297 | $230,932 | $-2,087,458 | $16,908,129 |
| Purchase Of PPE | $-37,297 | $-1,059,062 | $-3,616,866 | - |
| Change In Working Capital | $-7,017,580 | $13,505,868 | $11,692,786 | $4,827,361 |
| Change In Other Working Capital | $579,116 | $374,265 | $2,756 | - |
| Change In Payables And Accrued Expense | $-3,611,491 | $4,690,406 | $11,907,375 | $3,086,174 |
| Change In Accrued Expense | $-621,796 | $589,825 | $14,792,385 | $363,684 |
| Change In Interest Payable | $-13,616 | $44,969 | $377,306 | $363,684 |
| Change In Payable | $-2,989,695 | $4,100,581 | $-2,885,010 | $2,722,490 |
| Change In Account Payable | $-2,989,695 | $4,100,581 | $-2,885,010 | $2,722,490 |
| Change In Prepaid Assets | $-2,015,109 | $69,667 | $-942,557 | $-161,971 |
| Change In Receivables | $-1,970,096 | $8,371,530 | $308,513 | $2,514,880 |
| Changes In Account Receivables | $-1,970,096 | $8,457,521 | $660,756 | $2,514,880 |
| Other Non Cash Items | $4,717,875 | $143,575 | $1,174,834 | $1,465,884 |
| Stock Based Compensation | $9,235,377 | $3,274,760 | $3,292,129 | - |
| Provisionand Write Offof Assets | $280,000 | $0 | $0 | - |
| Depreciation Amortization Depletion | $122,916 | $123,253 | $3,546,117 | $3,525,138 |
| Depreciation And Amortization | $122,916 | $123,253 | $3,546,117 | $3,525,138 |
| Depreciation | $122,916 | $123,253 | $3,546,117 | $3,525,138 |
| Earnings Losses From Equity Investments | $84,063 | $409,268 | $562,696 | - |
| Net Income From Continuing Operations | $-17,834,496 | $-15,961,161 | $-38,724,963 | $-1,445,672 |
| Sale Of PPE | - | $230,932 | $1,625,000 | - |
| Change In Other Current Liabilities | - | $0 | $100,000 | $0 |
| Change In Inventory | - | $-829,998 | $316,699 | $-446,690 |
| Unrealized Gain Loss On Investment Securities | - | $45,514 | $-7,472 | $-9,562 |
| Amortization Cash Flow | - | $1,543,226 | $1,222,686 | - |
| Amortization Of Intangibles | - | $1,543,226 | $1,222,686 | - |
| Gain Loss On Investment Securities | - | $409,268 | $562,696 | $1,742,145 |
| Gain Loss On Sale Of PPE | - | $-400,000 | $-1,529,408 | $-4,510,043 |
| Repayment Of Debt | - | - | $-1,158,428 | $-3,485,413 |
| Common Stock Payments | - | - | $0 | $-93,435 |
| Long Term Debt Payments | - | - | $-1,158,428 | $-3,485,413 |
| Net Business Purchase And Sale | - | - | $0 | $-18,284,866 |
| Purchase Of Business | - | - | $0 | $-18,284,866 |
| Change In Other Current Assets | - | - | $752,783 | $-165,032 |
| Interest Paid Supplemental Data | - | - | - | $23,166 |
Fetched: 2026-08-28