Microcap Ledger American Resources Corp $AREC
Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.
Snapshot
- Exchange
- Nasdaq Capital Market
- Sector
- Silver Ores
- Headquarters
- Fishers, IN
- Fiscal year end
- December 31
- Shares outstanding
- 106,971,272 [10-K 2026-05-20]
What the company doesAI summary of filing
American Resources Corporation operates coal mining and processing subsidiaries in eastern Kentucky, western West Virginia, and southwest Indiana that extract and sell metallurgical coal, pulverized coal for injection, and bituminous coal to industrial customers. The company also operates Electrified Materials Corporation, which aggregates and sells recovered metal and steel, and ReElement Technologies, focused on purification and monetization of critical and rare earth elements from deposits and end-of-life magnets and batteries. As of December 2025, the company no longer consolidates its largest coal subsidiary, American Infrastructure Corporation, in its financial reporting. The company competes in commodity markets for coal and critical minerals based on mineral quality, delivered costs, and supply reliability. [10-K 2026-05-20]
Financial health
| Period | Revenue | Net income | Operating cash flow | Cash | Filing |
|---|---|---|---|---|---|
| FY ended Dec 2025 | $0.00 | $55.39M | −$10.41M | $31.70M | [10-K 2026-05-20] |
| FY ended Dec 2024 | $34.1K | −$39.20M | −$21.24M | $201.5K | [10-K 2026-05-20] |
- Quarterly cash burn
- −$2.60M
Capital structure and dilution
| Date | Shares outstanding | Filing |
|---|---|---|
| 2024-05-20 | 77,392,957 | [10-Q/A 2024-05-22] |
| 2024-08-19 | 77,422,390 | [10-Q 2024-08-19] |
| 2024-11-14 | 77,421,255 | [10-Q 2024-11-19] |
| 2025-05-16 | 80,512,817 | [10-K/A 2025-06-02] |
| 2025-05-23 | 82,274,703 | [10-Q/A 2025-06-02] |
| 2025-10-17 | 100,869,137 | [10-Q/A 2025-10-24] |
| 2025-11-14 | 101,393,308 | [10-Q/A 2025-11-17] |
| 2026-05-19 | 106,971,272 | [10-K 2026-05-20] |
- Shelf registration
- S-1 filed 2025-10-28; no effectiveness notice found in EDGAR [S-1 2025-10-28]
Listing status
Current status: 7 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-10-07. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.
| Date | Event | Details | Deadline | Filing |
|---|---|---|---|---|
| 2026-10-07 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2026-10-07] |
| 2026-08-26 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2026-08-26] |
| 2026-04-30 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2026-04-30] |
| 2026-01-16 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2026-01-16] |
| 2025-05-30 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2025-05-30] |
| 2025-05-01 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2025-05-01] |
| 2025-02-24 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2025-02-24] |
Who owns it
| Date | Insider | Type | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.12 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 20,000 | $4.09 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.11 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.11 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.15 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.10 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.12 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.10 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.07 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.07 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 6,845 | $4.07 | [4 2025-11-12] |
| 2025-11-10 | Golden Properties Ltd. | sell | 10,000 | $4.13 | [4 2025-11-12] |
Catalysts and calendar
| Date | Type | Title |
|---|---|---|
| 2026-10-07 | 8-K | Listing notice or transfer |
| 2026-10-05 | 8-K | Material agreement entered; Acquisition or disposition completed |
| 2026-08-26 | 8-K | Listing notice or transfer |
| 2026-07-29 | 8-K | Auditor change; Non-reliance on prior financials |
| 2026-07-27 | 13G | Beneficial ownership report (5%+ holder) |
| 2026-07-24 | 8-K | Auditor change; Non-reliance on prior financials |
| 2026-07-24 | 8-K | Other events |
| 2026-07-21 | 8-K | Other events |
| 2026-06-04 | 8-K | Regulation FD disclosure |
| 2026-05-20 | 10-K | Annual report |
| 2026-05-15 | NT 10-Q | Notice of late quarterly report |
| 2026-04-30 | 8-K | Listing notice or transfer |
Alerts for $AREC
Email me when American Resources Corp files an offering, gets a deficiency notice, or moves sharply.
Facts as of . Small caps move fast; check the latest filings.