Financial insights of AREC

MyFinsight

Income Statement	2025-12-31	2024-12-31
Total revenue	0	383,234
Cost of coal sales and processing	306,639	2,526,975
Accretion	NaN	991,520
Depreciation	122,916	2,185,332
Amortization of mining rights	NaN	1,235,932
General and administrative	9,557,890	21,024,382
Professional fees	478,449	2,625,898
Litigation expense	720,283	240,658
Production taxes and royalties	14,851	35,533
Development	107,507	2,148,132
Gain on sale of equipment	NaN	400,000
Total operating expenses	11,308,535	32,614,362
Net loss from operations	-11,308,535	-32,231,128
Losses from equity method investees	-84,063	-409,268
Loss on debt extinguishment	-5,193,382	NaN
Other income and (expense)	-61,927	221,471
Interest income	577,526	1,101,578
Interest expense	1,764,115	8,021,459
Total other income (expenses)	-6,525,961	-7,107,678
Loss from continuing operations	-17,834,496	NaN
Income (loss) from discontinued operations (note 2	73,219,707	NaN
Net income (loss)	55,385,211	-39,338,806
Less non-controlling interest	NaN	-87,814
Net loss attributable to arec shareholders	NaN	-39,250,992

Diluted EPS	0.63	-0.51
Diluted Average Shares	87,274,415	77,222,990

Unit: Dollar.