AMERICAN RESOURCES CORPORATION
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $0 | $34.1K | $11.8M | $39.5M | $7.8M | $1.1M | $24.5M |
| Cost of Revenue | — | — | — | — | $21.7M | $7.1M | $3.7M | $26.1M |
| Gross Profit | — | — | — | — | $17.8M | $666.4K | $-2.7M | $-1.6M |
| Gross Margin | — | — | — | — | 45.1% | 8.6% | -253.8% | -6.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $9.6M | $11.4M | $10.7M | $4.0M | $3.9M | $2.5M | $5.1M |
| Operating Income | — | $-11.3M | $-14.2M | $-36.4M | $-19.5M | $-28.3M | $-16.4M | $-60.0M |
| Operating Margin | — | — | -41,734.7% | -307.7% | -49.4% | -365.3% | -1,552.1% | -244.9% |
| Interest Expense | — | — | $8.0M | $2.0M | $1.4M | $4.2M | $3.4M | $2.9M |
| Pretax Income | — | $-17.8M | $-16.0M | $-562.7K | — | — | — | — |
| Income Tax Expense | — | $0 | $0 | — | — | — | — | — |
| Net Income | — | $55.4M | $-39.2M | $-38.5M | $-1.4M | $-32.5M | $-10.3M | $-70.9M |
| Net Margin | — | — | -115,068.9% | -325.9% | -3.7% | -419.1% | -967.8% | -289.7% |
| EPS (Basic) | — | — | — | — | — | $-0.59 | $-0.35 | $-2.94 |
| EPS (Diluted) | — | $0.63 | $-0.51 | $-0.51 | — | $-0.59 | $-0.35 | $-2.94 |
| Shares Outstanding (Basic) | 107.0M | — | — | 75.4M | 66.8M | 65.1M | 43.0M | 27.4M |
| Shares Outstanding (Diluted) | 107.0M | 87.3M | 77.2M | 75.1M | 66.8M | 65.1M | 43.0M | 27.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |