For the quarter ending 2025-09-30, AREC had -$147,702,568 decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|
| Net loss | 23,018,745 | - | - |
| Depreciation expense | 1,029,528 | 512,332 | 2,185,332 |
| Amortization of mining rights | 607,835 | 303,918 | 1,235,932 |
| Accretion expense | 743,631 | 248,291 | 991,520 |
| Amortization of finance right-to-use assets - related party | 252,593 | 126,296 | 378,888 |
| Amortization of issuance costs and debt discount | 57,824 | 28,912 | 112,143 |
| Investment in other entities - related parties, net | 31,945 | 10,866 | 409,268 |
| Allowance for losses on note receivable | -280,000 | - | - |
| Net loss | - | -6,656,039 | -39,338,806 |
| Gain on sale of equipment | 0 | - | 400,000 |
| Noncash stock based compensation expense | 1,308,651 | 518,624 | 3,725,484 |
| Loss on settlement/conversion of debt to equity | -979,941 | - | - |
| Gain on sale of equipment | - | 0 | - |
| Loss on settlement/conversion of accounts payable to equity | -354,723 | - | - |
| Issuance of common shares for services | 0 | 0 | 143,575 |
| Allowance for losses on due from related party | - | - | 190,000 |
| Allowance for losses on note receivable | - | - | 99,022 |
| Unrealized gain on short-term investments | 0 | -4,455 | -45,514 |
| Interest receivable | - | - | 85,991 |
| Receivables | -19,072 | 30,630 | 6,675 |
| Due from related party | - | - | 530,000 |
| Inventories | 0 | 118,300 | 829,998 |
| Prepaid expenses and other current assets | 37,947 | -18,619 | -583,825 |
| Trade and non-trade payable | - | - | 894,571 |
| Accrued litigation settlement | - | 59,177 | 240,658 |
| Accounts payable | 3,990,040 | - | 6,052,168 |
| Accrued interest | -152,351 | 2,429,722 | 1,691,551 |
| Trade and non-trade payable | - | 1,528,575 | - |
| Accrued expenses | 22,379 | -57,499 | 295,132 |
| Interest receivable | - | 0 | - |
| Accounts payable related party | -309,565 | -54,639 | - |
| Other current liabilities | - | - | 0 |
| Due from related party | 0 | 40,000 | - |
| Accrued interest on finance lease liability - related party | 156,619 | 90,488 | 295,499 |
| Operating lease assets and liabilities, net | -90,502 | -3,916 | -4,755 |
| Operating lease assets and liabilities, net - related party | -749,881 | 361,935 | 373,420 |
| Other liabilities | 41,200 | - | - |
| Cash used in operating activities | -7,982,249 | -1,434,850 | -21,243,213 |
| Purchase of property and equipment, net of capitalized interest income and (expense) | - | - | 1,059,062 |
| Proceeds from maturity of restricted investments | - | 151,205,321 | - |
| Purchase of property and equipment, net of capitalized interest income and (expense) | 1,032,549 | -158,499 | - |
| Proceeds from sale of equipment | 0 | 0 | 400,000 |
| Proceeds from short-term investments, net | -1 | 582,903 | 715,038 |
| Restricted investments purchased | 151,500,532 | 298,958 | 151,253,539 |
| Restricted investments sold | 154,878,566 | - | 25,797,202 |
| Cash provided by (used in) investing activities | -148,859,837 | 151,647,765 | -125,400,361 |
| Proceeds from convertible promissory note | -1,450,000 | 1,450,000 | 500,250 |
| Proceeds from convertible promissory note - related party | 6,296,729 | - | 142,471 |
| Proceeds from tax exempt bonds, net | 0 | 0 | 149,719,203 |
| Proceeds from the exercise of stock options and warrants | 0 | 0 | 156,900 |
| Proceeds received from other financing obligation | - | - | 2,493,819 |
| Cash received from warrant conversions | - | - | 32,339 |
| Proceeds from current portion of long-term debt | - | - | 0 |
| Proceeds from long term debt | 965,286 | - | - |
| Repayment on current portion of long-term debt | - | - | 0 |
| Proceeds received from other financing obligation | 8,516,968 | 0 | - |
| Repayments of other financing obligation | 5,189,465 | 1,373,201 | 7,365,639 |
| Cash provided by financing activities | 9,139,518 | 76,799 | 145,679,343 |
| Increase (decrease) in cash | -147,702,568 | 150,289,714 | -964,231 |
| Cash and cash equivalents at beginning of period | 154,403,043 | 4,113,329 | 5,077,560 |
| Cash and cash equivalents at end of period | 6,700,475 | 154,403,043 | 4,113,329 |
American Resources Corp (AREC)
American Resources Corp (AREC)