MyFinsight
Home
Blog
About
Contact
arec: the income statement
Download
Download image
Net loss
attributable to arec...
-$39,250,992
Less
non-controlling interest
-$87,814
Net loss
-$39,338,806
Royalty income
$159,737
Service fee revenue
$99,960
Metal recovery and
sales
$108,535
Coal sales
$15,002
Total other income
(expenses)
-$7,107,678
Net loss from
operations
-$32,231,128
Interest income
$1,101,578
Total revenue
$383,234
Other income and
(expense)
$221,471
Interest expense
$8,021,459
Total operating
expenses
$32,614,362
Earnings from equity
method investees
-$409,268
Gain on sale of
equipment
$400,000
Development
$2,148,132
Production taxes and
royalties
$35,533
Litigation expense
$240,658
Professional fees
$2,625,898
General and
administrative
$21,024,382
Amortization of mining rights
$1,235,932
Depreciation
$2,185,332
Accretion
$991,520
Cost of coal sales and
processing
$2,526,975
Back
Back
Income Statement
source: myfinsight.com
American Resources Corp (AREC)
American Resources Corp (AREC)