---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-006739"
form_type: "8-K"
ticker: "AREC"
cik: "0001590715"
company_name: "American Resources Corp"
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:54:39.970379+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# American Resources Q1 net loss $6.23M; revenue drops to $94K from $8.87M YoY

## Summary
- Q1 net loss $6.23M ($0.03/sh) vs. $3.1M loss ($0.04/sh) a year ago; adjusted EBITDA loss $4.84M vs. $1.59M.
- Revenue collapsed to $94,019 from $8.87M in Q1 2023; no coal sales in current quarter.
- Closed $150M tax-exempt bond offering for Kentucky Lithium refining facility; company plans to spin off ReElement and American Carbon in 2024.
- Board declared special dividend of American Carbon shares; record date May 27, distribution June 11.

## SEC filing metadata
- accession: 0001654954-24-006739
- form_type: 8-K
- ticker: AREC
- cik: 0001590715
- company_name: American Resources Corp
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590715/000165495424006739/0001654954-24-006739-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590715/000165495424006739/arec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-006739
- JSON: https://secwatch.observer/filing/0001654954-24-006739.json
- Plain text: https://secwatch.observer/filing/0001654954-24-006739.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.