American Resources Corp
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $0 | $34,070 | $11.8M | $39.5M | $7.8M |
| Operating income | -$11.3M | -$14.2M | -$36.4M | -$19.5M | -$28.3M |
| Operating expenses | $11.3M | $14.3M | $48.2M | $59.0M | $36.1M |
| Cost of revenue | — | — | — | $21.7M | $7.1M |
| Cash from operations | -$10.4M | -$21.2M | -$19.5M | $2.5M | -$29.1M |
| Capital expenditure | — | $1.1M | $3.6M | — | — |
| Free cash flow | — | -$22.3M | -$23.1M | — | — |
| Total assets | $168.9M | $281.7M | $64.7M | $55.9M | $42.9M |
| Total liabilities | $75.7M | $362.6M | $109.7M | $55.6M | $45.1M |
| Total debt | $965,286 | $0 | — | — | — |
Shares outstanding 84.6M · Free float 73.0%
Annual filing data through FY ended December 31, 2025; float as of July 4, 2026.