AMERICAN RESOURCES CORPORATION
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $31.7M | $201.5K | $1.3M | $11.0M | $12.6M | $11.2M | $268.8K | $2.7M |
| Accounts Receivable | — | $6.7K | $0 | $660.8K | $3.2M | $38.7K | $2.4M | — |
| Inventory | — | $960.0K | $130.0K | $446.7K | $0 | $150.5K | $515.6K | $163.8K |
| Total Current Assets | $134.3M | $92.9M | $37.8M | $12.8M | $15.3M | $11.2M | $3.2M | $4.3M |
| Property, Plant & Equipment | $143.1K | $228.7K | $20.7M | $9.1M | $22.9M | $22.5M | $27.7M | $32.6M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $168.9M | $281.7M | $64.7M | $55.9M | $42.9M | $38.4M | $35.2M | $41.4M |
| Liabilities | ||||||||
| Accounts Payable | — | $9.0M | $4.4M | — | — | — | $11.0M | $8.1M |
| Total Current Liabilities | $61.2M | $166.4M | $78.3M | $27.4M | $16.5M | $20.9M | $45.0M | $26.4M |
| Long-Term Debt | $965.3K | $0 | — | — | — | $14.3M | $0 | $7.9M |
| Total Liabilities | $75.7M | $362.6M | $109.7M | $55.6M | $45.1M | $58.4M | $67.9M | $50.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-210.4M | $-265.8M | $-225.3M | $-167.2M | $-165.8M | $-133.3M | $-123.0M | $-52.1M |
| Total Stockholders' Equity | $94.8M | $-79.4M | $-43.5M | $-19.9M | $-2.3M | $-20.0M | $-32.7M | $-9.2M |