AMERICAN RESOURCES CORPORATION: 10-Q filed 2019-08-12

Name: AMERICAN RESOURCES CORPORATION: 10-Q filed 2019-08-12
Creator: AMERICAN RESOURCES CORPORATION

What AMERICAN RESOURCES CORPORATION reported in its quarterly report filed 2019-08-12 (fiscal Q2 2019): 33 published measures, 87 facts as tagged in accession 0001477932-19-004698.

This filing

Form: 10-Q (quarterly report)
Filed: 2019-08-12
Fiscal period: fiscal Q2 2019
Accession: 0001477932-19-004698 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All AMERICAN RESOURCES CORPORATION filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2019-06-30	65,768,216	USD
At 2018-12-31	41,363,712	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2019-06-30	55,040,233	USD
At 2018-12-31	50,563,534	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2019-06-30	10,727,983	USD
At 2019-03-31	16,426,972	USD
At 2018-12-31	-9,199,822	USD
At 2018-06-30	-23,679,555	USD
At 2018-03-31	-39,806,032	USD
At 2017-12-31	-37,165,226	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2019-06-30	1,494,775	USD
At 2018-12-31	2,704,799	USD
At 2018-06-30	939,165	USD
At 2017-12-31	385,665	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-8,961,042	USD	91
2019-01-01 to 2019-06-30	-23,526,227	USD	181
2018-04-01 to 2018-06-30	-1,697,138	USD	91
2018-01-01 to 2018-06-30	-4,267,787	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	-7,379,486	USD	181
2018-01-01 to 2018-06-30	-2,481,441	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	-735,495	USD	181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	9,342,126	USD	91
2019-01-01 to 2019-06-30	16,336,402	USD	181
2018-04-01 to 2018-06-30	7,023,040	USD	91
2018-01-01 to 2018-06-30	14,348,416	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	6,904,957	USD	181
2018-01-01 to 2018-06-30	2,942,368	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	-735,495	USD	181
2018-01-01 to 2018-06-30	-92,573	USD	181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2019-06-30	-75,641,410	USD
At 2018-12-31	-52,115,183	USD

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2019-06-30	57,246,228	USD
At 2018-12-31	32,571,920	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	1,806,040	USD	181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-3,354,276	USD	91
2019-01-01 to 2019-06-30	-13,245,682	USD	181
2018-04-01 to 2018-06-30	-1,991,452	USD	91
2018-01-01 to 2018-06-30	-4,484,632	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2019-06-30	4,039,864	USD
At 2018-12-31	4,262,961	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-447,989	USD	91
2019-01-01 to 2019-06-30	-772,843	USD	181
2018-04-01 to 2018-06-30	-311,295	USD	91
2018-01-01 to 2018-06-30	-558,449	USD	181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2019-06-30	33,360,346	USD
At 2018-12-31	26,433,022	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2019-06-30	6,245,513	USD
At 2018-12-31	8,139,662	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-12,696,402	USD	91
2019-01-01 to 2019-06-30	-29,582,084	USD	181
2018-04-01 to 2018-06-30	-9,014,492	USD	91
2018-01-01 to 2018-06-30	-18,833,048	USD	181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2019-06-30	121,026	USD
At 2018-12-31	163,800	USD

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2019-06-30	23,367,197	shares
At 2018-12-31	17,763,469	shares

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2019-06-30	86,367,056	USD
At 2018-12-31	42,913,532	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2019-06-30	9,652,446	USD
At 2018-12-31	6,691,259	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2019-06-30	1,698,222	USD
At 2018-12-31	1,118,736	USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-8,961,042	USD	91
2019-01-01 to 2019-03-31	-14,565,185	USD	90
2018-04-01 to 2018-06-30	-1,697,138	USD	91
2018-01-01 to 2018-03-31	-2,570,649	USD	90

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-990,918	USD	91
2019-01-01 to 2019-06-30	-2,363,506	USD	181
2018-04-01 to 2018-06-30	-464,110	USD	91
2018-01-01 to 2018-06-30	-940,699	USD	181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-804,889	USD	91
2019-01-01 to 2019-06-30	-1,621,805	USD	181
2018-04-01 to 2018-06-30	-615,390	USD	91
2018-01-01 to 2018-06-30	-1,230,779	USD	181

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2019-04-01 to 2019-06-30	-5,606,765	USD	91
2019-01-01 to 2019-06-30	-10,280,545	USD	181
2018-04-01 to 2018-06-30	294,314	USD	91
2018-01-01 to 2018-06-30	216,845	USD	181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	281,832	USD	181
2018-01-01 to 2018-06-30	171,954	USD	181

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	4,354,000	USD	181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	-597,015	USD	181
2018-01-01 to 2018-06-30	102,134	USD	181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	42,774	USD	181
2018-01-01 to 2018-06-30	548,752	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2019-01-01 to 2019-06-30	-1,679,980	USD	181
2018-01-01 to 2018-06-30	-369,510	USD	181

Inspect the source

Entity: AMERICAN RESOURCES CORPORATION / CIK 0001590715
Captured: 2026-09-20T09:23:57.405Z
SEC response SHA-256: d10f8ca87155961492bac31b0a08b2440089b5139ae576d205bceeb7ee17241c

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Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001590715.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))