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CONSOLIDATED STATEMENTS OF OPERATIONS UNAUDITED - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Consolidated Statements Of Operations Unaudited    
Coal Sales $ 6,994,276 $ 7,305,860
Processing Services Income 19,516
Total Revenue 6,994,276 7,325,376
Cost of Coal Sales and Processing (6,644,087) (5,473,428)
Accretion Expense (321,701) (341,581)
Depreciation (816,916) (615,389)
Amortization of mining rights (536,791)
General and Administrative (1,372,588) (476,589)
Professional Fees (4,333,896) (274,603)
Production Taxes and Royalties (1,259,586) (949,793)
Development Costs (1,600,117) (1,687,173)
Total Operating expenses (16,885,682) (9,818,556)
Net Loss from Operations (9,891,406) (2,493,180)
Other Income and (expense)    
Loss on payable settlement (22,660)
Other Income 266,425 128,514
Amortization of debt discount and debt issuance costs (134,296)
Interest Income 41,171 41,171
Interest expense (324,854) (247,154)
Total Other income (expense) (174,214) (77,469)
Net Loss (10,065,620) (2,570,649)
Less: Series B dividend requirement (70,157)
Less: Net income attributable to Non Controlling Interest (128,514)
Net loss attributable to American Resources Corporation Shareholders $ (10,065,620) $ (2,769,320)
Net loss per common share - basic and diluted $ (0.48) $ (2.96)
Weighted average common shares outstanding- basic and diluted 20,798,065 892,044