AMERICAN RESOURCES CORPORATION
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $55.4M | $-39.2M | $-38.5M | $-1.4M | $-32.5M | $-10.3M | $-70.9M | $-12.8M |
| Depreciation & Amortization | — | — | — | $2.2M | $2.0M | $1.9M | $4.6M | — |
| Depreciation | $122.9K | $123.3K | $2.3M | $2.2M | $2.0M | $2.3M | $-4.6M | $2.5M |
| Amortization | — | $1.2M | $1.2M | $1.2M | $1.2M | $1.3M | $1.7M | $478.8K |
| Stock-Based Compensation | $9.2M | $3.7M | $3.8M | — | — | — | $377.3K | $782.2K |
| Net Cash from Operating Activities | $-10.4M | $-21.2M | $-19.5M | $2.5M | $-29.1M | $-13.8M | $-19.2M | $-3.4M |
| Investing Activities | ||||||||
| Capital Expenditures | — | $1.1M | $3.6M | — | — | — | $327.3K | $133.4K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-125.4M | $-31.7M | $-1.1M | $-5.9M | $417.9K | $322.8K | $-10.6K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | $145.7M | $45.3M | $-1.0M | $36.4M | $24.4M | $16.4M | $5.7M |
| Net Change in Cash | — | — | — | $-1.6M | $1.4M | $10.9M | $-2.4M | $2.3M |
| Free Cash Flow | — | $-22.3M | $-23.1M | — | — | — | $-19.5M | $-3.5M |
Price is what you pay. Value is what you get.