2022 Q4 Form 10-Q Financial Statement
#000147793222008528 Filed on November 14, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $4.685M | $9.510M | $2.814M |
YoY Change | 3.24% | 237.95% | 855.02% |
Cost Of Revenue | $7.266M | $8.141M | $3.069M |
YoY Change | 169.3% | 165.29% | 4121.71% |
Gross Profit | -$2.581M | $1.368M | -$254.9K |
YoY Change | -240.32% | -636.78% | -214.85% |
Gross Profit Margin | -55.1% | 14.39% | -9.06% |
Selling, General & Admin | $1.576M | $1.037M | $1.114M |
YoY Change | -0.17% | -6.88% | 259.32% |
% of Gross Profit | 75.8% | ||
Research & Development | $6.126M | $3.693M | $5.142M |
YoY Change | -24.27% | -28.19% | 550.93% |
% of Gross Profit | 269.87% | ||
Depreciation & Amortization | $610.6K | $602.5K | $495.7K |
YoY Change | -33.95% | 21.55% | -23.32% |
% of Gross Profit | 44.03% | ||
Operating Expenses | $8.669M | $14.14M | $10.66M |
YoY Change | -19.52% | 32.7% | 321.37% |
Operating Profit | -$11.25M | -$4.632M | -$7.843M |
YoY Change | 25.95% | -40.94% | 251.0% |
Interest Expense | -$426.2K | -$311.5K | $1.095M |
YoY Change | -77.03% | -128.45% | 188.48% |
% of Operating Profit | |||
Other Income/Expense, Net | $117.8K | -$637.6K | -$1.071M |
YoY Change | -50.28% | -40.44% | -145.4% |
Pretax Income | $9.021M | -$5.270M | -$8.914M |
YoY Change | -185.5% | -40.88% | -7527.93% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $8.957M | -$5.227M | -$8.914M |
YoY Change | -184.9% | -41.36% | -7289.37% |
Net Earnings / Revenue | 191.2% | -54.96% | -316.76% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $0.13 | -$78.74K | -$148.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 68.70M shares | 66.52M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $8.869M | $3.769M | $19.12M |
YoY Change | -22.83% | -80.29% | 2449.56% |
Cash & Equivalents | $10.99M | $4.856M | $20.13M |
Short-Term Investments | |||
Other Short-Term Assets | $786.6K | $1.054M | $273.3K |
YoY Change | 24.93% | 285.74% | 51.85% |
Inventory | $446.7K | $730.0K | $1.664K |
Prepaid Expenses | $786.6K | $1.054M | $268.3K |
Receivables | $660.8K | $5.671M | $2.107M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $10.76M | $11.22M | $21.50M |
YoY Change | -29.62% | -47.8% | 1481.15% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $9.114M | $15.06M | $23.02M |
YoY Change | -60.21% | -34.56% | -0.98% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $20.78M | $3.740M | $2.250M |
YoY Change | 731.39% | 66.24% | |
Other Assets | $2.122M | $1.087M | $30.40M |
YoY Change | 93.74% | -96.42% | 4649.64% |
Total Long-Term Assets | $45.15M | $26.09M | $30.40M |
YoY Change | 63.72% | -14.18% | 8.52% |
TOTAL ASSETS | |||
Total Short-Term Assets | $10.76M | $11.22M | $21.50M |
Total Long-Term Assets | $45.15M | $26.09M | $30.40M |
Total Assets | $55.92M | $37.31M | $51.90M |
YoY Change | 30.42% | -28.11% | 76.72% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $9.211M | $3.321M | $5.067M |
YoY Change | 28.32% | -34.46% | -52.33% |
Accrued Expenses | $106.9K | $42.01K | $427.8K |
YoY Change | -91.93% | -90.18% | -24.94% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.918M | $11.29M | $5.314M |
YoY Change | -63.71% | 112.46% | -57.38% |
Total Short-Term Liabilities | $27.44M | $20.69M | $27.94M |
YoY Change | 65.98% | -25.95% | 7.14% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $5.188M | $4.746M |
YoY Change | -100.0% | 9.31% | -78.08% |
Other Long-Term Liabilities | $28.19M | $20.51M | $21.19M |
YoY Change | 45.15% | -3.23% | 39.23% |
Total Long-Term Liabilities | $28.19M | $25.69M | $21.19M |
YoY Change | -1.7% | 21.25% | -42.52% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $27.44M | $20.69M | $27.94M |
Total Long-Term Liabilities | $28.19M | $25.69M | $21.19M |
Total Liabilities | $55.63M | $46.39M | $49.13M |
YoY Change | 23.04% | -5.59% | -21.95% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$167.2M | -$176.2M | -$155.4M |
YoY Change | 0.87% | 13.41% | |
Common Stock | $6.680K | $6.685K | $6.083K |
YoY Change | 2.64% | 9.9% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $284.7K | -$9.009M | $2.767M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $55.92M | $37.31M | $51.90M |
YoY Change | 30.42% | -28.11% | 76.72% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $8.957M | -$5.227M | -$8.914M |
YoY Change | -184.9% | -41.36% | -7289.37% |
Depreciation, Depletion And Amortization | $610.6K | $602.5K | $495.7K |
YoY Change | -33.95% | 21.55% | -23.32% |
Cash From Operating Activities | $17.96M | -$3.931M | -$6.995M |
YoY Change | -254.12% | -43.81% | 572.64% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.149M | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$11.12M | $4.407M | $0.00 |
YoY Change | 1753.02% | ||
Cash From Investing Activities | -$11.12M | $4.407M | -$2.149M |
YoY Change | 1218.5% | -305.06% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -704.0K | -514.7K | 146.4K |
YoY Change | -114.22% | -451.47% | -47.7% |
NET CHANGE | |||
Cash From Operating Activities | 17.96M | -3.931M | -6.995M |
Cash From Investing Activities | -11.12M | 4.407M | -2.149M |
Cash From Financing Activities | -704.0K | -514.7K | 146.4K |
Net Change In Cash | 6.134M | -38.34K | -8.998M |
YoY Change | -181.33% | -99.57% | 1083.96% |
FREE CASH FLOW | |||
Cash From Operating Activities | $17.96M | -$3.931M | -$6.995M |
Capital Expenditures | -$2.149M | ||
Free Cash Flow | -$4.846M | ||
YoY Change | 365.99% |
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287414 | usd |
CY2022Q3 | us-gaap |
Royalty Expense
RoyaltyExpense
|
1185970 | usd |
CY2021Q3 | us-gaap |
Royalty Expense
RoyaltyExpense
|
215681 | usd |
CY2022Q3 | us-gaap |
Development Costs
DevelopmentCosts
|
3692774 | usd |
CY2021Q3 | us-gaap |
Development Costs
DevelopmentCosts
|
5142306 | usd |
us-gaap |
Development Costs
DevelopmentCosts
|
10009860 | usd | |
CY2022Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
14141885 | usd |
CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
10656805 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
47537148 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
22619096 | usd | |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4632147 | usd |
CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7842882 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-12747582 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-19401315 | usd | |
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
36224 | usd |
CY2021Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-58340 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
194381 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-469927 | usd | |
CY2022Q3 | us-gaap |
Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
|
1960 | usd |
CY2021Q3 | us-gaap |
Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
|
0 | usd |
us-gaap |
Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
|
9562 | usd | |
us-gaap |
Debt Securities Trading Unrealized Loss
DebtSecuritiesTradingUnrealizedLoss
|
0 | usd | |
CY2022Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-362377 | usd |
CY2021Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
3050775 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
CY2022Q3 | arec |
Amortization Of Debt Discount And Issuance Costs
AmortizationOfDebtDiscountAndIssuanceCosts
|
0 | usd |
CY2021Q3 | arec |
Amortization Of Debt Discount And Issuance Costs
AmortizationOfDebtDiscountAndIssuanceCosts
|
3179 | usd |
arec |
Amortization Of Debt Discount And Issuance Costs
AmortizationOfDebtDiscountAndIssuanceCosts
|
0 | usd | |
arec |
Amortization Of Debt Discount And Issuance Costs
AmortizationOfDebtDiscountAndIssuanceCosts
|
8637 | usd | |
CY2022Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
1162 | usd |
CY2021Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
85901 | usd |
us-gaap |
Interest Income Other
InterestIncomeOther
|
14489 | usd | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
187293 | usd | |
CY2022Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
310681 | usd |
CY2021Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
1095021 | usd |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
969018 | usd | |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
2260965 | usd | |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-637632 | usd |
CY2021Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1070639 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2281065 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2552236 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5226840 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8913521 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10466517 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-21953551 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
42939 | usd |
CY2021Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
63489 | usd | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | usd | |
CY2022Q3 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-5226840 | usd |
CY2021Q3 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
0 | usd |
us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
0 | usd | |
CY2022Q3 | arec |
Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
|
-0.08 | |
CY2021Q3 | arec |
Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
|
-0.15 | |
arec |
Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
|
-0.16 | ||
arec |
Net Loss Per Common Share Basic And Diluted
NetLossPerCommonShareBasicAndDiluted
|
-0.41 | ||
CY2022Q3 | arec |
Weighted Average Common Shares Outstanding Basics And Diluted
WeightedAverageCommonSharesOutstandingBasicsAndDiluted
|
66377788 | shares |
CY2021Q3 | arec |
Weighted Average Common Shares Outstanding Basics And Diluted
WeightedAverageCommonSharesOutstandingBasicsAndDiluted
|
60065087 | shares |
arec |
Weighted Average Common Shares Outstanding Basics And Diluted
WeightedAverageCommonSharesOutstandingBasicsAndDiluted
|
65846220 | shares | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-20005543 | usd |
CY2021Q1 | arec |
Adjustment For Prior Year
AdjustmentForPriorYear
|
8 | usd |
CY2021Q1 | arec |
Adjusted Opening Balance Amount
AdjustedOpeningBalanceAmount
|
-20005535 | usd |
CY2021Q1 | arec |
Shares Issued In Conjunction With Warrant And Option Conversions Amount
SharesIssuedInConjunctionWithWarrantAndOptionConversionsAmount
|
2257712 | usd |
CY2021Q1 | arec |
Shares Issued In Connection With Debt And Payable Conversions Amount
SharesIssuedInConnectionWithDebtAndPayableConversionsAmount
|
10131984 | usd |
CY2021Q1 | arec |
Shares Issued Pursuant To Restricted Stock Offering Amount
SharesIssuedPursuantToRestrictedStockOfferingAmount
|
1275000 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
10000 | usd |
CY2021Q1 | arec |
Amortization Of Warrant And Stock Option Expense
AmortizationOfWarrantAndStockOptionExpense
|
115025 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6389857 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-12605671 | usd |
CY2021Q2 | arec |
Shares Issued In Connection With Warrant And Option Conversions Amount
SharesIssuedInConnectionWithWarrantAndOptionConversionsAmount
|
11703 | usd |
CY2021Q2 | arec |
Shares Issued In Connection With Debt And Payable Conversions Amount
SharesIssuedInConnectionWithDebtAndPayableConversionsAmount
|
625276 | usd |
CY2021Q2 | arec |
Shares Issued In Connection With Registered Offering Amount
SharesIssuedInConnectionWithRegisteredOfferingAmount
|
27943000 | usd |
CY2021Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-128568 | usd |
CY2021Q2 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
115025 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6650174 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
9310590 | usd |
CY2021Q3 | arec |
Shares Issued In Connection With Warrant And Option Conversions Amount
SharesIssuedInConnectionWithWarrantAndOptionConversionsAmount
|
2100 | usd |
CY2021Q3 | arec |
Shares Issued In Connection With Debt And Payable Conversions Amount
SharesIssuedInConnectionWithDebtAndPayableConversionsAmount
|
2635385 | usd |
CY2021Q3 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-368876 | usd |
CY2021Q3 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
101615 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8913521 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2767483 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-2345408 | usd |
CY2022Q1 | arec |
Issuance Of Common Shares For Warrant Conversion Amount
IssuanceOfCommonSharesForWarrantConversionAmount
|
665391 | usd |
CY2022Q1 | arec |
Issuance Of Common Shares For Conversion Of Debt And Interest Amount
IssuanceOfCommonSharesForConversionOfDebtAndInterestAmount
|
622210 | usd |
CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-40655 | usd |
CY2022Q1 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
199843 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2752902 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-3651521 | usd |
CY2022Q2 | arec |
Issuance Of Common Shares For Conversion Of Debt And Interest Amount
IssuanceOfCommonSharesForConversionOfDebtAndInterestAmount
|
1200000 | usd |
CY2022Q2 | arec |
Issuance Of Common Shares For Warrant Conversion Amount
IssuanceOfCommonSharesForWarrantConversionAmount
|
8064 | usd |
CY2022Q2 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
190024 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2443834 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-4697267 | usd |
CY2022Q3 | arec |
Issuance Of Common Shares For Payables Conversion Amount
IssuanceOfCommonSharesForPayablesConversionAmount
|
602000 | usd |
CY2022Q3 | arec |
Issuance Of Common Shares For Warrant Conversion Amount
IssuanceOfCommonSharesForWarrantConversionAmount
|
83156 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
38800 | usd |
CY2022Q3 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
170385 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-5269779 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-9072705 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-10466517 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-21953551 | usd | |
us-gaap |
Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
|
3050771 | usd | |
us-gaap |
Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
|
0 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1858886 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1364220 | usd | |
arec |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
926764 | usd | |
arec |
Amortization Of Intangible Asset
AmortizationOfIntangibleAsset
|
938136 | usd | |
arec |
Accretion Expense One
AccretionExpenseOne
|
1274320 | usd | |
arec |
Accretion Expense One
AccretionExpenseOne
|
916909 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
378198 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
0 | usd | |
arec |
Amortization Of Issuance Costs And Debt Discount
AmortizationOfIssuanceCostsAndDebtDiscount
|
0 | usd | |
arec |
Amortization Of Issuance Costs And Debt Discount
AmortizationOfIssuanceCostsAndDebtDiscount
|
4095688 | usd | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
560252 | usd | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
478665 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
756611 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
38800 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
0 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2495408 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1839047 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
730023 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
148840 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
429737 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
93332 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
269564 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2709020 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-3194 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-615701 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
-12920 | usd | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
1638973 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11881575 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17441221 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
1240438 | usd | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
2250000 | usd | |
arec |
Cash Invested In Note Receivable
CashInvestedInNoteReceivable
|
335000 | usd | |
arec |
Cash Invested In Note Receivable
CashInvestedInNoteReceivable
|
0 | usd | |
arec |
Payment To And Proceeds From Property Plant And Equipment
PaymentToAndProceedsFromPropertyPlantAndEquipment
|
-5052912 | usd | |
arec |
Payment To And Proceeds From Property Plant And Equipment
PaymentToAndProceedsFromPropertyPlantAndEquipment
|
2825701 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
3477474 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5075701 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
286573 | usd | |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
0 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
1604003 | usd | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
641409 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
600000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
29218000 | usd | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
2563000 | usd | |
us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
0 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
2269425 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
672422 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
31446016 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-7731677 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
8929094 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
12588113 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11201203 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4856436 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
20130297 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
64094 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
42426 | usd | |
us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
2424210 | shares | |
us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
8485384 | shares | |
arec |
Acquisition Of Right Of Use Assets For Lease Obligations
AcquisitionOfRightOfUseAssetsForLeaseObligations
|
6252088 | usd | |
arec |
Acquisition Of Right Of Use Assets For Lease Obligations
AcquisitionOfRightOfUseAssetsForLeaseObligations
|
0 | usd | |
CY2021Q3 | us-gaap |
Cash
Cash
|
19121714 | usd |
CY2022Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
1086971 | usd |
CY2021Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
1008583 | usd |
CY2022Q3 | arec |
Total Cash And Restricted Cash Presented In The Consolidated Statement Of Cash Flows
TotalCashAndRestrictedCashPresentedInTheConsolidatedStatementOfCashFlows
|
4856436 | usd |
CY2021Q3 | arec |
Total Cash And Restricted Cash Presented In The Consolidated Statement Of Cash Flows
TotalCashAndRestrictedCashPresentedInTheConsolidatedStatementOfCashFlows
|
20130297 | usd |
arec |
Interim Financial Informationpolicytextblock
InterimFinancialInformationpolicytextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with U.S. GAAP have been omitted. In the opinion of management, these interim unaudited Consolidated Financial Statements reflect all normal and recurring adjustments necessary for a fair presentation of the results for the periods presented. Results of operations for the three and nine months ended September 30, 2022 are not necessarily indicative of the results to be expected for the year ending December 31, 2022 or any other period. These financial statements should be read in conjunction with the Company’s 2021 audited financial statements and notes thereto which were filed on Form 10-K on March 30, 2022. </p> | ||
us-gaap |
Property Management Fee Revenue
PropertyManagementFeeRevenue
|
116115 | usd | |
CY2022Q3 | arec |
Restricted Cash Balance
RestrictedCashBalance
|
0 | usd |
CY2021Q4 | arec |
Restricted Cash Balance
RestrictedCashBalance
|
47987 | usd |
CY2022Q3 | arec |
Total Restricted Cash
TotalRestrictedCash
|
250000 | usd |
CY2021Q4 | arec |
Total Restricted Cash
TotalRestrictedCash
|
250000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
105770 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
105770 | usd |
CY2022Q3 | us-gaap |
Cash
Cash
|
3769465 | usd |
arec |
Discount Rate
DiscountRate
|
0.10 | pure | |
arec |
Loss On Settlement During Year
LossOnSettlementDuringYear
|
0 | usd | |
arec |
Loss On Settlement During Year
LossOnSettlementDuringYear
|
0 | usd | |
CY2021Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
18951587 | usd |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
987744 | usd | |
arec |
Asset Retirement Obligation Reclamation Work
AssetRetirementObligationReclamationWork
|
0 | usd | |
us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
0 | usd | |
CY2022Q3 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
19939332 | usd |
CY2020Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
17855304 | usd |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
916909 | usd | |
arec |
Asset Retirement Obligation Reclamation Work
AssetRetirementObligationReclamationWork
|
0 | usd | |
us-gaap |
Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
|
0 | usd | |
CY2021Q3 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
18772213 | usd |
CY2022Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | usd |
arec |
Prepaid Fees And Advance Royaltiespolicytextblock
PrepaidFeesAndAdvanceRoyaltiespolicytextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em><strong>Prepaid Fees and Advance Royalties: </strong></em>Coal leases that require minimum annual or advance payments and are recoverable from future production are generally deferred and charged to expense as the coal is subsequently produced.</p> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><em>Reclassifications: </em></strong>Reclassifications of prior periods have been made to conform with current year presentation.</p> | ||
CY2022Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
13205626 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
15953575 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15064592 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
22903154 | usd |
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
602503 | usd |
CY2021Q3 | us-gaap |
Depreciation
Depreciation
|
495676 | usd |
us-gaap |
Depreciation
Depreciation
|
1858886 | usd | |
us-gaap |
Depreciation
Depreciation
|
1364220 | usd | |
arec |
Schedule Of Estimated Useful Life Property And Equipment
ScheduleOfEstimatedUsefulLifePropertyAndEquipment
|
<table cellpadding="0" style="border-spacing:0;font-size:10pt;width:100%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="width:45%;vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Processing and Rail Facilities </p></td><td style="width:2%;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p></td><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">7-20 years</p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Surface Equipment </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p></td><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">7 years</p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Underground Equipment </p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p></td><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">5 years</p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Rare Earth Processing Equipment</p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p></td><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">5 Years</p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Mining Rights</p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p></td><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">5-10 years</p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Coal Refuse Storage</p></td><td><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p></td><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">10 years</p></td></tr></tbody></table> | ||
CY2022Q3 | arec |
Principal Reductions On Long Term Debt
PrincipalReductionsOnLongTermDebt
|
325191 | usd |
CY2021Q3 | arec |
Principal Reductions On Long Term Debt
PrincipalReductionsOnLongTermDebt
|
42567 | usd |
CY2022Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1082 | pure |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
5726 | usd | |
arec |
Rental Lease Expiration Date
RentalLeaseExpirationDate
|
December 2026 | ||
arec |
Amended Lease
AmendedLease
|
The amended lease has a ten-year term and $5,869 per month rate | ||
CY2021Q3 | arec |
Commercial Land Lease Sublease Area
CommercialLandLeaseSubleaseArea
|
7 | acre |
CY2021Q3 | arec |
Sublease Term
SubleaseTerm
|
5 | |
CY2021Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
3500 | usd |
CY2021Q4 | us-gaap |
Area Of Land
AreaOfLand
|
6700 | sqft |
CY2021Q4 | arec |
Commercial Land Lease Term
CommercialLandLeaseTerm
|
2 years | |
CY2021Q4 | arec |
Commercial Land Lease Rent
CommercialLandLeaseRent
|
474500 | usd |
CY2021Q4 | arec |
Commercial Land Lease Term
CommercialLandLeaseTerm
|
three years | |
CY2021Q4 | us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
17660 | usd |
CY2021Q4 | arec |
Financial Lease Equipment Purchase Option
FinancialLeaseEquipmentPurchaseOption
|
1 | usd |
CY2022Q2 | arec |
Financial Equipment Lease Term
FinancialEquipmentLeaseTerm
|
three years | |
CY2022Q2 | us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
31800 | usd |
CY2022Q2 | arec |
Financial Lease Equipment Purchase Option
FinancialLeaseEquipmentPurchaseOption
|
1 | usd |
CY2022Q3 | arec |
Operating Lease Right Of Use Asset1
OperatingLeaseRightOfUseAsset1
|
5511517 | usd |
CY2021Q3 | arec |
Operating Lease Right Of Use Asset1
OperatingLeaseRightOfUseAsset1
|
0 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
88791 | usd |
CY2021Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
1472880 | usd |
CY2021Q3 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
567724 | usd |
CY2021Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
2991966 | usd |
CY2021Q3 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
0 | usd |
CY2022Q3 | arec |
Employee Share Based Compensation
EmployeeShareBasedCompensation
|
170385 | usd |
CY2021Q3 | arec |
Employee Share Based Compensation
EmployeeShareBasedCompensation
|
115025 | usd |
arec |
Employee Share Based Compensation
EmployeeShareBasedCompensation
|
560252 | usd | |
arec |
Employee Share Based Compensation
EmployeeShareBasedCompensation
|
331665 | usd | |
CY2022Q3 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
602000 | usd |
CY2021Q3 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
624537 | usd |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
2424210 | usd | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
10253912 | usd | |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
38800 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
0 | usd |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
38800 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
0 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.8797 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.00870 | pure | |
arec |
Working Capital Deficits
WorkingCapitalDeficits
|
800000 | usd | |
CY2022Q2 | arec |
Total Notes Repaid
TotalNotesRepaid
|
485900 | usd |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
5726 | usd | |
arec |
Rental Lease Expired Date
RentalLeaseExpiredDate
|
December 2026 | ||
arec |
Amended Leases
AmendedLeases
|
The amended lease has a ten year term and $5,869 per month rate | ||
CY2021Q3 | arec |
Commercial Land Lease Sublease Area
CommercialLandLeaseSubleaseArea
|
7 | acre |
CY2021Q3 | arec |
Sublease Term Period
SubleaseTermPeriod
|
5 years | |
CY2021Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
3500 | usd |
CY2021Q4 | us-gaap |
Area Of Land
AreaOfLand
|
6700 | sqft |
CY2021Q4 | arec |
Sublease Term Period
SubleaseTermPeriod
|
2 years |