American Resources Corp — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that American Resources Corp filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $383.2K | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | $11.82M | Oct 24, 2025 |
| FY2023 | Dec 31, 2022 | $39.47M | Apr 15, 2024 |
| FY2022 | Dec 31, 2021 | $7.76M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $1.06M | Feb 10, 2023 |
| FY2020 | Dec 31, 2019 | $24.48M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $31.52M | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | $20.82M | May 30, 2019 |
| FY2017 | Dec 31, 2016 | $7.60M | Oct 22, 2018 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Sep 30, 2016 | $147.3K | Jan 13, 2017 |
| FY2016 | Sep 30, 2015 | $62.4K | Jan 13, 2017 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Sep 30, 2016 | $66.4K | Jan 13, 2017 |
| FY2016 | Sep 30, 2015 | $2.2K | Jan 13, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($39.25M) | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | ($38.53M) | Oct 24, 2025 |
| FY2022 | Dec 31, 2022 | ($1.45M) | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | ($32.50M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($10.26M) | Feb 10, 2023 |
| FY2020 | Dec 31, 2019 | ($70.92M) | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | ($12.76M) | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | ($12.59M) | May 30, 2019 |
| FY2017 | Dec 31, 2016 | ($22.09M) | Oct 22, 2018 |
| FY2016 | Sep 30, 2016 | ($643.4K) | Jan 13, 2017 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($32.23M) | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | ($36.38M) | Oct 24, 2025 |
| FY2023 | Dec 31, 2022 | ($19.49M) | Apr 15, 2024 |
| FY2022 | Dec 31, 2021 | ($28.33M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($16.45M) | Feb 10, 2023 |
| FY2020 | Dec 31, 2019 | ($59.95M) | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | ($11.50M) | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | ($12.59M) | May 30, 2019 |
| FY2017 | Dec 31, 2016 | ($21.85M) | Oct 22, 2018 |
| FY2016 | Sep 30, 2016 | ($754.9K) | Jan 13, 2017 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($21.24M) | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | ($19.52M) | Oct 24, 2025 |
| FY2023 | Dec 31, 2022 | $2.55M | Apr 15, 2024 |
| FY2022 | Dec 31, 2021 | ($29.09M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($13.85M) | Feb 10, 2023 |
| FY2020 | Dec 31, 2019 | ($19.21M) | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | ($3.37M) | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | ($5.64M) | May 30, 2019 |
| FY2017 | Dec 31, 2016 | ($5.82M) | Oct 22, 2018 |
| FY2014 | Sep 30, 2014 | ($82.0K) | Dec 16, 2014 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $1.06M | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | $3.62M | Oct 24, 2025 |
| FY2019 | Dec 31, 2019 | $327.3K | Jun 1, 2020 |
| FY2019 | Dec 31, 2018 | $133.4K | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | $173.4K | May 30, 2019 |
| FY2017 | Dec 31, 2016 | $34.2K | Oct 22, 2018 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $205.87M | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | $64.73M | Oct 24, 2025 |
| FY2023 | Dec 31, 2022 | $55.92M | Apr 15, 2024 |
| FY2022 | Dec 31, 2021 | $42.87M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $38.42M | Feb 10, 2023 |
| FY2020 | Dec 31, 2019 | $35.23M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $41.36M | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | $16.29M | May 30, 2019 |
| FY2017 | Dec 31, 2016 | $20.27M | Oct 22, 2018 |
| FY2016 | Sep 30, 2016 | $97.0K | Jan 13, 2017 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $286.92M | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | $109.73M | Oct 24, 2025 |
| FY2023 | Dec 31, 2022 | $55.63M | Apr 15, 2024 |
| FY2022 | Dec 31, 2021 | $45.13M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $58.42M | Feb 10, 2023 |
| FY2020 | Dec 31, 2019 | $67.93M | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | $50.56M | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | $53.46M | May 30, 2019 |
| FY2017 | Dec 31, 2016 | $47.78M | Oct 22, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($79.49M) | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | ($43.53M) | Oct 24, 2025 |
| FY2024 | Dec 31, 2022 | ($19.93M) | Oct 24, 2025 |
| FY2023 | Dec 31, 2021 | ($2.35M) | Apr 15, 2024 |
| FY2022 | Dec 31, 2020 | ($20.01M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2019 | ($32.70M) | Feb 10, 2023 |
| FY2020 | Dec 31, 2018 | ($9.20M) | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | ($37.17M) | Jun 1, 2020 |
| FY2018 | Dec 31, 2016 | ($26.01M) | May 30, 2019 |
| FY2017 | Dec 31, 2015 | ($5.51M) | Oct 22, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2016 | Sep 30, 2015 | $361.0K | Jan 13, 2017 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | ($265.91M) | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | ($225.29M) | Oct 24, 2025 |
| FY2023 | Dec 31, 2022 | ($167.24M) | Apr 15, 2024 |
| FY2022 | Dec 31, 2021 | ($165.79M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($133.29M) | Feb 10, 2023 |
| FY2020 | Dec 31, 2019 | ($123.03M) | Mar 12, 2021 |
| FY2019 | Dec 31, 2018 | ($52.12M) | Jun 1, 2020 |
| FY2018 | Dec 31, 2017 | ($39.09M) | May 30, 2019 |
| FY2017 | Dec 31, 2016 | ($27.65M) | Oct 22, 2018 |
| FY2016 | Sep 30, 2016 | ($1.23M) | Jan 13, 2017 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $604.5K | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | $1.32M | Oct 24, 2025 |
| FY2021 | Dec 31, 2021 | $12.59M | Mar 30, 2022 |
| FY2021 | Dec 31, 2020 | $11.20M | Mar 30, 2022 |
| FY2021 | Dec 31, 2019 | $268.8K | Mar 30, 2022 |
| FY2020 | Dec 31, 2018 | $2.70M | Mar 12, 2021 |
| FY2019 | Dec 31, 2017 | $385.7K | Jun 1, 2020 |
| FY2018 | Dec 31, 2016 | $925.6K | May 30, 2019 |
| FY2016 | Sep 30, 2016 | $48.8K | Jan 13, 2017 |
| FY2017 | Dec 31, 2015 | $0 | Oct 22, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $14.30M | Mar 12, 2021 |
| FY2020 | Dec 31, 2019 | $0 | Mar 12, 2021 |
| FY2018 | Dec 31, 2018 | $7.92M | May 30, 2019 |
| FY2018 | Dec 31, 2017 | $5.08M | May 30, 2019 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 0 | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Oct 24, 2025 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | 78.00M | Oct 24, 2025 |
| FY2024 | Dec 31, 2023 | 76.25M | Oct 24, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Apr 15, 2024 |
| FY2022 | Dec 31, 2021 | 65.08M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 42.97M | Feb 10, 2023 |
| FY2019 | Dec 31, 2019 | 27.41M | Jun 1, 2020 |
| FY2019 | Dec 31, 2018 | 17.76M | Jun 1, 2020 |
| FY2017 | Dec 31, 2017 | 892,044 | Oct 22, 2018 |
| FY2017 | Dec 31, 2016 | 0 | Oct 22, 2018 |