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American Resources Corp (AREC) red flags

CIK 0001590715 路 Fishers, IN 路 SIC 1220 路 All EDGAR filings

11 verified red-flag event(s) since 2025-04-01. Red flag score: 90 how it's calculated

5American Resources Corp (AREC) Non-reliance / restatementmicro2026-07-24
also within 90 days: Auditor change, Going-concern doubt, Late quarterly report (NT 10-Q) 路 company history
4American Resources Corp (AREC) Auditor changemicro2026-07-24
also within 90 days: Going-concern doubt, Late quarterly report (NT 10-Q), Non-reliance / restatement 路 company history
5American Resources Corp (AREC) Going-concern doubtmicro2026-05-20
in auditor's report; also within 90 days: Auditor change, Late annual report (NT 10-K), Late quarterly report (NT 10-Q), Non-reliance / restatement 路 company history
5American Resources Corp (AREC) Late quarterly report (NT 10-Q)micro2026-05-15
report still not filed after extension; also within 90 days: Auditor change, Going-concern doubt, Late annual report (NT 10-K), Non-reliance / restatement 路 company history
5American Resources Corp (AREC) Late annual report (NT 10-K)micro2026-03-31
filed late on 2026-05-20; also within 90 days: Going-concern doubt, Late quarterly report (NT 10-Q) 路 company history
4American Resources Corp (AREC) Auditor changemicro2025-11-21
also within 90 days: Going-concern doubt 路 company history
4American Resources Corp (AREC) Going-concern doubt (10-Q)micro2025-11-14
quarterly (unaudited) disclosure; also within 90 days: Auditor change 路 company history
3American Resources Corp (AREC) Going-concern doubt (10-Q)micro2025-08-19
quarterly (unaudited) disclosure 路 company history
4American Resources Corp (AREC) Going-concern doubt (10-Q)micro2025-05-28
quarterly (unaudited) disclosure; also within 90 days: Late quarterly report (NT 10-Q) 路 company history
5American Resources Corp (AREC) Going-concern doubtmicro2025-05-19
in auditor's report; also within 90 days: Late quarterly report (NT 10-Q) 路 company history
4American Resources Corp (AREC) Late quarterly report (NT 10-Q)micro2025-05-15
filed late on 2025-05-28; also within 90 days: Going-concern doubt 路 company history

Red flag score: 90 / 100 · very high

Computed only from the verified red flags below: each flag earns points for its severity, loses half its weight every 180 days, and companies with several different flag types in the past year get a bonus. Total points 116.1 → score = 100 × (1 − e−points/50) = 90. Full method

FlagFiledSeverityPointsAgeDecayCounts
Non-reliance / restatement2026-07-245/530.085 d×0.7221.6
Auditor change2026-07-243/514.085 d×0.7210.1
Going-concern doubt2026-05-205/530.0150 d×0.5616.8
Late quarterly report (NT 10-Q)2026-05-154/515.4155 d×0.558.5
Late annual report (NT 10-K)2026-03-314/519.8200 d×0.469.2
Auditor change2025-11-213/514.0330 d×0.283.9
Going-concern doubt2025-11-143/514.0337 d×0.273.8
Going-concern doubt2025-08-193/514.0424 d×0.202.7
Going-concern doubt2025-05-283/514.0507 d×0.142.0
Going-concern doubt2025-05-195/530.0516 d×0.144.1
Late quarterly report (NT 10-Q)2025-05-153/59.8520 d×0.141.3
Multiple flag types in the last 365 days (5 types)+32

The red flag score summarizes how many, how serious and how recent a company's verified SEC red-flag filings are. It describes filing events only. It is not a fraud score, credit rating or prediction, and not investment advice.

What happened next

FlagDateCap at flag30d90d180d
Non-reliance / restatement2026-07-24$151.9M+44.3%pendingpending
Auditor change2026-07-24$151.9M+44.3%pendingpending
Going-concern doubt2026-05-20$186.8M+15.7%+40.3%pending
Late quarterly report (NT 10-Q)2026-05-15$192.0M-4.8%+21.9%pending
Late annual report (NT 10-K)2026-03-31$211.2M+3.6%-0.9%-17.2%
Auditor change2025-11-21$233.9M-4.4%+21.5%-15.9%
Going-concern doubt2025-11-14$263.6M-29.5%-14.2%-29.2%
Going-concern doubt2025-08-19$106.2M+96.0%+147.2%+134.4%
Going-concern doubt2025-05-28$53.9M+15.2%+198.5%+303.8%
Going-concern doubt2025-05-19$74.7M+7.3%+36.2%+236.7%
Late quarterly report (NT 10-Q)2025-05-15$75.3M+5.6%+99.5%+327.2%

Stock return after each flag; pending = window not yet elapsed; n/a = no price data.

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