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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 2,858,014 $ 5,196,914
Short-term investments 49,842,881 55,237,747
Accounts receivable 1,869,930 914,741
Inventory 2,415,032 1,518,638
Prepaid expenses 766,989 388,921
Total current assets 57,752,846 63,256,961
Property, plant and equipment - net 88,333,656 46,433,726
Long-term investments 5,199,077
Advanced coal royalties 2,782,748 2,050,000
Deferred offering costs 2,247,974
Other 218,706 21,354
Total Assets 149,087,956 119,209,092
Current liabilities    
Accounts payable 16,307,435 8,955,884
Accrued expenses 385,616 1,174,904
Distributions payable 3,905,224
Asset retirement obligations 1,032,388 693,796
Note payable 500,000
Other 127,048
Total current liabilities 17,725,439 15,356,856
Asset retirement obligations 9,777,720 9,434,838
Other 26,956
Note payable - Ramaco Carbon, LLC 10,629,275
Total liabilities 27,530,115 35,420,969
Commitments and contingencies
Series A preferred units 88,773,933
Equity    
Preferred stock, 50,000,000 shares authorized, none outstanding
Common stock, 260,000,000 shares authorized, 39,509,311 and zero shares outstanding, respectively 395,093
Contributed capital 13,265,547
Additional paid-in capital 147,618,884
Accumulated losses (26,456,136) (18,251,357)
Total equity 121,557,841 (4,985,810)
Total Liabilities and Equity $ 149,087,956 $ 119,209,092