Home / Going-concern warnings / American Resources Corp
Filed 2025-05-19 路 Form 10-K 路 Accession 0001477932-25-003940 micro
Price before filing: $0.9178 (2025-05-16 close, split/dividend-adjusted)
Market cap at flag: $74.7M (2025-05-19) 路 Latest: $99.5M (2026-10-16)
| Window | AREC | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +7.3% | +0.5% | +6.8% | 2025-06-18 |
| 90 days | +36.2% | +8.6% | +27.6% | 2025-08-18 |
| 180 days | +236.7% | +12.7% | +224.0% | 2025-11-17 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
"As discussed in Note 1 to the consolidated financial statements, the Company has suffered recurring losses from operations that raise substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: independent auditor report in Form 10-K (period 2024-12-31)
Why this score: in auditor's report; also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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