AMERICAN RESOURCES CORPORATION
Income Statement
| Line Item | Sep 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $165 | $31.9K | $-299.5K | $235.4K | $4.1K | $94.0K | $-4.9M | $5.8M |
| Cost of Revenue | $68.4K | $182.0K | — | $437.6K | — | $976.5K | — | — |
| Gross Profit | $-68.3K | $-150.1K | — | $-202.1K | — | $-882.4K | — | — |
| Gross Margin | -41,374.5% | -470.0% | — | -85.8% | — | -938.6% | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.5M | $3.2M | $-1.4M | $6.3M | $2.9M | $3.7M | $6.9M | $1.3M |
| Operating Income | $-4.4M | $-5.0M | $7.6M | $-8.8M | $-6.2M | $-6.7M | $-27.8M | $1.1M |
| Operating Margin | -2,656,743.0% | -15,608.8% | -2,527.7% | -3,750.1% | -152,122.5% | -7,158.3% | 572.5% | 18.7% |
| Interest Expense | $2.0M | $1.8M | $5.0M | $2.0M | $418.5K | $662.7K | $944.5K | $299.8K |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | — | — | — | — | — | — | — | — |
| Net Income | $-7.7M | $-6.7M | $-14.6M | $-10.6M | $-7.0M | $-7.0M | $-24.7M | $-2.5M |
| Net Margin | -4,667,098.8% | -20,847.7% | 4,861.4% | -4,513.4% | -170,873.1% | -7,467.8% | 509.4% | -42.1% |
| EPS (Basic) | — | — | — | — | — | — | — | — |
| EPS (Diluted) | $-0.05 | $-0.08 | — | $-0.14 | — | $-0.09 | — | — |
| Shares Outstanding (Basic) | — | — | 78.0M | — | 77.4M | — | 76.2M | 66.9M |
| Shares Outstanding (Diluted) | 84.3M | 79.0M | 78.0M | 77.4M | 77.4M | 76.4M | 76.2M | 66.9M |
| Dividends Per Share | — | — | — | — | — | — | — | — |