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Unaudited Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 5,911,310 $ 5,934,043
Short-term investments 5,199,861
Accounts receivable 28,265,692 7,165,487
Inventories 11,294,596 10,057,787
Prepaid expenses 2,870,297 1,104,437
Total current assets 48,341,895 29,461,615
Property, plant and equipment, net 136,574,558 115,450,841
Advanced coal royalties 2,785,748 2,867,369
Other assets 524,648 318,206
Total Assets 188,226,849 148,098,031
Current liabilities    
Accounts payable 20,062,221 19,532,531
Accrued expenses 8,824,787 2,821,422
Asset retirement obligations 512,997 70,616
Notes payable, net 14,758,593
Other 361,918
Total current liabilities 44,520,516 22,424,569
Deferred tax liability 1,385,717
Asset retirement obligations 12,208,126 12,276,176
Total liabilities 58,114,359 34,700,745
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued and outstanding
Common stock, $0.01 par value, 260,000,000 shares authorized, 40,082,467 and 39,559,366 shares issued and outstanding, respectively 400,825 395,594
Additional paid-in capital 149,533,523 148,293,263
Accumulated deficit (19,821,858) (35,291,571)
Total stockholders' equity 130,112,490 113,397,286
Total Liabilities and Stockholders' Equity $ 188,226,849 $ 148,098,031