| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | -18,319 | -14,705 | -36,741 |
| Accretion of asset retirement obligations | 506 | 461 | 1,206 |
| Depreciation, depletion, and amortization | 16,613 | 16,484 | 51,671 |
| Amortization of debt issuance costs | 924 | 1,132 | 1,579 |
| Stock-based compensation | 4,908 | 4,725 | 12,844 |
| (gain)/loss on disposal of assets | 448 | -38 | NaN |
| Deferred income taxes | -5,840 | -2,077 | -9,641 |
| Accounts receivable | 11,981 | 10,742 | -29,970 |
| Prepaid expenses and other current assets | -297 | -4,069 | -7,990 |
| Inventories | 18,391 | 5,581 | 38,216 |
| Other assets and liabilities | 673 | 2,884 | 285 |
| Accounts payable | 12,896 | -6,392 | -3,650 |
| Accrued liabilities | -15,096 | -2,897 | 3,611 |
| Net cash from (used in) operating activities | -34,604 | -18,369 | 20,338 |
| Capital expenditures | 17,495 | 12,642 | 50,139 |
| Land and mineral acquisition | NaN | 18,544 | NaN |
| Insurance proceeds related to property, plant, and equipment | NaN | 2 | NaN |
| Maben preparation plant capital expenditures | NaN | -231 | 1,948 |
| Capitalized interest | 327 | 270 | 939 |
| Mineral rights acquisition | NaN | NaN | 3,378 |
| Other | 805 | -845 | 261 |
| Net cash used in investing activities | -17,017 | -27,522 | -56,143 |
| Proceeds from equity offering | NaN | 0 | 189,000 |
| Payment of equity offering costs | NaN | -167 | 913 |
| Proceeds from long-term debt issuances | NaN | 333,552 | 64,931 |
| Purchase of capped calls | NaN | 32,810 | NaN |
| Proceeds from borrowings | NaN | 0 | 52,000 |
| Repayments of senior notes | NaN | -17,782 | 52,282 |
| Repayment of borrowings | 50 | 17,869 | 34,500 |
| Proceeds from stock options exercised | NaN | 0 | 802 |
| Payment of dividends | NaN | 0 | 4,340 |
| Purchase of treasury shares | 11,929 | NaN | NaN |
| Repayments of insurance financing | 1,921 | 3,257 | 4,019 |
| Repayments of equipment finance leases | 1,741 | 3,456 | 7,041 |
| Payment of debt issuance costs | 265 | 1,712 | 3,505 |
| Shares surrendered for withholding taxes payable | 17,616 | -2 | 3,491 |
| Net cash from (used in) financing activities | -33,522 | 292,399 | 196,642 |
| Net change in cash and cash equivalents and restricted cash | -85,143 | 246,508 | 160,837 |
| Cash and cash equivalents and restricted cash, beginning of period | 441,168 | 194,660 | 33,823 |
| Cash and cash equivalents and restricted cash, end of period | 356,025 | 441,168 | 194,660 |
Ramaco Resources, Inc. (METCI)
Ramaco Resources, Inc. (METCI)