AMERICAN RESOURCES CORPORATION
Cash Flow Statement
| Line Item | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 | Dec 2021 | Sep 2021 | Jun 2021 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-2.9M | $9.0M | $-5.3M | $-2.4M | $-2.8M | $-10.6M | $-8.9M | $-6.7M |
| Depreciation & Amortization | $13.3K | $298.9K | $835.0K | $630.3K | $393.5K | $615.8K | $495.7K | $475.0K |
| Depreciation | $13.3K | $298.9K | $602.5K | $630.3K | $626.0K | $615.8K | $495.7K | $475.0K |
| Amortization | $305.9K | $311.7K | $311.7K | $311.7K | $303.4K | $932.0K | $314.8K | $-311.7K |
| Stock-Based Compensation | $376.6K | — | $190.0K | — | — | — | — | — |
| Net Cash from Operating Activities | $-7.3M | $14.4M | $-3.9M | $-2.2M | $-5.7M | $-11.7M | $-7.0M | $-3.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $508.9K | — | — | — | $724.9K | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $967.3K | $-4.6M | $4.4M | $-137.5K | $-792.0K | $-843.2K | $-2.1M | $-86.6K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-2.2M | $-1.7M | $-514.7K | $945.8K | $241.3K | $5.0M | $146.4K | $24.6M |
| Net Change in Cash | $-8.6M | — | — | $-1.4M | $-6.3M | $-7.5M | $-9.0M | $20.8M |
| Free Cash Flow | $-7.9M | — | — | — | $-6.5M | — | — | — |