AREC - American Resources Corporation

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Income Statement
Balance Sheet
Cash Flow

Income Statement

Annual
All numbers in thousands
Revenue12/31/201812/31/201712/31/201612/31/2015
Total Revenue31,524.82520,820.9987,601.194-
Cost of Revenue28,167.60621,318.5810,212.018-
Gross Profit3,357.219-497.582-2,610.824-
Operating Expenses
Research Development3,815.2356,850.0621,760.5941,760.594
Selling General and Administrative7,539.62,072.47712,969.8759,428.573
Non Recurring----
Others1,366.322832.4851,736.0191,736.019
Total Operating Expenses43,829.12132,769.50928,941.3619,428.573
Operating Income or Loss-12,304.296-11,948.511-21,340.167-9,428.573
Income from Continuing Operations
Total Other Income/Expenses Net-453.016-644.007-749.115-11.985
Earnings Before Interest and Taxes-12,304.296-11,948.511-21,340.167-9,428.573
Interest Expense-1,959.591-1,035.828-292.97-11.985
Income Before Tax-12,757.312-12,592.518-22,089.282-9,440.558
Income Tax Expense----
Minority Interest-397.85654.75754.757
Net Income From Continuing Ops-12,757.312-12,592.518-22,089.282-9,440.558
Non-recurring Events
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Changes----
Other Items----
Net Income
Net Income-12,908.576-12,935.617-22,144.039-9,440.558
Preferred Stock And Other Adjustments----
Net Income Applicable To Common Shares-13,023.426-12,988.774-22,144.039-9,440.558