AREC · American Resources Corp · Financials
The latest filing states the doubt was alleviated.
“conditions existed at the time of issuance of those financial statements — including recurring operating losses and limited available liquidity that raised substantial doubt about the Company's ability to continue as a going concern within one year from the issuance date of those financial statements. On October 13 2025, the Company received equity financing totaling gross proceeds of $33.7 million and on October 15, 2025, the Company receive equity financing totaling $40 million, both through a private placement of common shares, which substantially improved the Company's cash position and led to management's later assessment that the conditions that had previously raised substantial doubt had been alleviated. Management has concluded that, as of the date of issuance of these consolidated financial statements, substantial doubt about the Company's ability to continue as a going concern no longer exists.”View the 10-K filed May 20, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $0 | $34.07K | $11.82M | $39.47MG | $7.76M | $1.06M | $24.48M | $31.52M | $20.82M | $7.6M | $62.43K | — | |
| — | — | — | $21.69M | $7.09M | $3.75M | $26.09M | $24.99M | $1.59M | $80.92K | $60.22K | — | |
| — | — | — | $17.79Md | $666.36Kd | -$2.69Md | -$1.61Md | $6.53Md | $19.23Md | $66.36K | $2207 | — | |
| — | — | — | 45.06%d | 8.59%d | -253.83%d | -6.57%d | 20.72%d | 92.36%d | — | 3.54% | — | |
| $9.56M | $11.42M | $10.67M | $4.02M | $3.88M | $2.49M | $5.11M | $6.18M | -$1.38M | -$237.6K | $113.92K | $29.55K | |
| — | $1.24M | $1.22M | $1.24M | $1.25M | $1.25M | $1.66M | $478.8K | — | — | — | — | |
| — | — | — | $2.16M | $1.98M | $1.86M | $4.59M | — | — | $38.5K | $30.17K | — | |
| $11.31M | $14.25M | $48.2M | $58.96M | $36.09M | $17.51M | -$84.43M | -$43.02M | -$33.41M | -$29.45M | $407.09K | $84.95K | |
| -$11.31M | -$14.22M | -$36.38M | -$19.49M | -$28.33M | -$16.45M | -$59.95M | -$11.5M | -$12.59M | -$21.85M | — | — | |
| — | -41734.72% | -307.69% | -49.37% | -365.34% | -1552.09% | -244.93% | -36.47% | -60.45% | -287.47% | — | — | |
| — | — | — | -$17.33M | -$26.35M | -$14.59M | -$55.37M | — | — | — | — | — | |
| — | $8.02M | $1.99M | $1.43M | $4.16M | $3.38M | $2.91M | -$1.29M | $558.77K | $283.56K | — | — | |
| — | — | — | $30.98K | $230.53K | $205.86K | $164.69K | $164.17K | $298.72K | $0 | — | — | |
| -$6.53M | -$1.74M | -$2.35M | $312.18K | -$232.99K | $20.54K | -$84.43M | -$43.02M | — | — | — | — | |
| -$84.06K | -$409.27K | -$562.7K | — | — | — | — | — | — | — | — | — | |
| -$17.83M | -$15.96M | -$562.7K | — | — | — | — | — | — | — | — | — | |
| $0 | $0 | — | — | — | — | — | — | — | — | — | — | |
| $55.39M | -$39.2M | -$38.53M | -$1.45M | -$32.5M | -$10.26M | -$70.92M | -$12.76M | -$12.59M | -$22.09M | -$444.46K | -$88.93K | |
| — | -115068.89% | -325.9% | -3.66% | -419.12% | -967.81% | -289.73% | -40.47% | -60.48% | -290.6% | -711.94% | — | |
| — | — | — | — | — | — | — | -$151.26K | -$343.1K | -$54.76K | $19.9K | — | |
| USD/shares | $0.63 | -$0.51 | -$0.51 | — | — | — | — | — | — | — | — | — |
| shares | — | — | 75.42M | 66.78M | 55.22M | 29.36M | 24.09M | 3.51M | 792.39K | 0 | 22.14M | — |
| shares | 87.27M | 77.22M | 75.14M | — | 55.22M | 29.36M | 24.09M | 3.51M | 792.39K | 0 | 22.14M | 19.02M |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Noncurrent debt carrying amount | 2025-12-31 | USD 965,286 | 10-K filed 2026-05-20 |
| Operating lease liabilities | 2025-12-31 | USD 1,780,323 | 10-K filed 2026-05-20 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Corporate | $0 | $0 | $0 |
| American Infrastructure Corporation | — | $174,738 | $11,757,091 |
| Consolidated | — | $383,234 | $11,821,899 |
| Electrified Materials Corporation | — | $108,536 | $64,808 |
| Re Elements | — | $99,960 | $0 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Corporate | -$10,622,774 | -$13,136,778 | -$21,956,699 |
| American Infrastructure Corporation | — | -$14,694,535 | -$11,767,716 |
| Consolidated | — | -$32,231,128 | -$36,375,202 |
| Electrified Materials Corporation | — | -$476,884 | $66,552 |
| Re Elements | — | -$4,028,578 | -$2,717,339 |
Operating Margin by Segment (%)
| Component | FY2024 | FY2023 |
|---|---|---|
| American Infrastructure Corporation | -8409.5% | -100.1% |
| Consolidated | -8410.3% | -307.7% |
| Electrified Materials Corporation | -439.4% | 102.7% |
| Re Elements | -4030.2% | — |