7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 
      
    		                                
      assets
    		                                
      current assets
    		                                
      cash and cash equivalents
    		193,846,000 28,130,000 43,466,000 33,009,000 22,864,000 27,571,000 30,503,000 41,962,000 42,924,000 33,883,000 36,616,000 35,613,000 46,608,000 43,461,000 71,472,000 21,891,000 46,672,000 19,394,000 5,544,000 5,300,000 6,360,000 9,759,000 15,319,000 5,532,000 5,498,000 5,541,000 1,939,000 6,951,000 5,482,285 5,911,310 7,323,571 5,934,043 
      accounts receivable
    		43,612,000 55,943,000 52,122,000 73,582,000 62,905,000 69,613,000 103,539,000 96,866,000 63,634,000 58,973,000 71,099,000 41,174,000 50,358,000 52,746,000 47,647,000 44,453,000 37,592,000 13,882,000 21,743,000 20,299,000 21,286,000 15,801,000 14,420,000 19,256,000 30,054,000 26,099,000 27,285,000 10,729,000 31,288,010 28,265,692 23,496,089 7,165,487 
      inventories
    		81,574,000 59,310,000 56,123,000 43,358,000 53,051,000 52,396,000 41,280,000 37,163,000 50,242,000 67,425,000 50,971,000 44,973,000 40,028,000 32,388,000 19,543,000 15,791,000 13,880,000 19,575,000 24,190,000 11,947,000 23,288,000 25,455,000 23,458,000 15,261,000 12,644,000 16,593,000 15,027,000 14,185,000 7,950,960 11,294,596 10,131,419 10,057,787 
      prepaid expenses and other
    		9,695,000 11,527,000 12,256,000 17,685,000 7,853,000 11,053,000 7,286,000 13,748,000 12,422,000 17,521,000 19,005,000 25,729,000 4,962,000 3,513,000 2,939,000 4,626,000 4,339,000 4,912,000 5,833,000 4,953,000 3,789,000 3,160,000 4,943,000 4,274,000 3,324,000        
      total current assets
    		328,727,000 154,910,000 163,967,000 167,634,000 146,673,000 160,633,000 182,608,000 189,739,000 169,222,000 177,802,000 177,691,000 147,489,000 141,956,000 132,108,000 141,601,000 86,761,000 102,483,000 57,763,000 57,310,000 42,499,000 54,723,000 54,175,000 58,140,000 44,323,000 51,520,000 49,837,000 46,209,000 35,019,000 48,043,292 48,341,895 44,308,035 29,461,615 
      property, plant, and equipment
    		489,170,000 487,334,000 487,872,000 482,019,000 476,748,000 474,516,000 466,253,000 459,091,000 456,712,000 457,564,000 444,075,000                      
      financing lease right-of-use assets
    		19,808,000 19,683,000 19,679,000 12,437,000 12,014,000 14,265,000 17,148,000 10,282,000 13,201,000 17,363,000 12,443,000 12,905,000 9,839,000 10,913,000 12,296,000 9,128,000 8,897,000 5,750,000               
      advanced coal royalties
    		5,446,000 4,884,000 5,129,000 4,709,000 3,884,000 3,460,000 3,410,000 2,964,000 3,606,000 3,464,000 3,277,000 3,271,000 3,618,000 2,903,000 4,645,000 5,576,000 5,509,000 5,421,000 5,397,000 4,784,000 4,605,000 3,832,000 3,640,000 3,271,000 3,250,000 3,113,000 3,126,000 3,045,000 3,039,153 2,785,748 2,719,315 2,867,369 
      other
    		6,504,000 7,835,000 9,088,000 7,887,000 6,076,000 6,354,000 4,592,000 3,760,000 3,965,000 4,198,000 3,830,000 2,832,000 3,589,000 2,186,000 1,892,000 491,000 520,000 573,000 540,000 885,000 965,000 949,000 983,000 1,017,000 1,041,000 994,000 116,000 975,000 603,258 361,918 568,631  
      total assets
    		849,655,000 674,646,000 685,735,000 674,686,000 645,395,000 659,228,000 674,011,000 665,836,000 646,706,000 660,391,000 641,316,000 596,339,000 562,132,000 489,706,000 406,364,000 329,033,000 299,084,000 247,082,000 240,983,000 228,623,000 241,312,000 242,101,000 244,659,000 226,813,000 227,756,000 218,137,000 206,691,000 188,244,000 196,177,594 188,226,849 173,275,475 148,098,031 
      liabilities and stockholders’ equity
    		                                
      liabilities
    		                                
      current liabilities
    		                                
      accounts payable
    		41,675,000 56,271,000 59,496,000 48,855,000 53,783,000 47,863,000 59,694,000 51,624,000 51,584,000 49,781,000 49,850,000 34,825,000 30,130,000 34,363,000 40,406,000 15,346,000 21,157,000 16,847,000 16,751,000 11,742,000 11,803,000 8,236,000 13,099,000 10,663,000 13,851,000 16,325,000 15,247,000 16,393,000 22,723,150 20,062,221 28,327,276 19,532,531 
      accrued liabilities
    		58,467,000 47,591,000 53,851,000 61,659,000 48,378,000 58,021,000 49,657,000 52,225,000 46,485,000 38,703,000 33,070,000                      
      current portion of asset retirement obligations
    		1,035,000 1,035,000 1,035,000 1,035,000 110,000 110,000 110,000 110,000 110,000 29,000 29,000                      
      current portion of long-term debt
    		140,000 223,000 307,000 359,000 383,000 7,198,000 28,227,000 56,534,000 28,015,000 25,333,000 29,684,000 35,639,000 30,839,000 6,066,000 7,133,000 7,674,000 5,781,000 4,931,000 4,902,000 4,872,000 4,914,000 4,914,000 3,333,000 3,333,000 5,000,000 5,000,000 5,000,000 5,000,000     
      current portion of financing lease obligations
    		8,966,000 8,239,000 7,307,000 6,218,000 6,134,000 7,145,000 8,541,000 5,456,000 6,312,000 7,366,000 6,114,000 5,969,000 4,776,000 4,465,000 4,081,000 3,461,000 3,057,000 1,748,000               
      insurance financing liability
    		283,000 428,000 2,365,000 4,302,000  439,000 2,238,000 4,037,000  846,000 2,415,000 4,577,000                     
      total current liabilities
    		110,566,000 113,787,000 124,361,000 122,428,000 108,788,000 120,776,000 148,467,000 169,986,000 142,506,000 142,058,000 151,162,000 162,845,000 150,438,000 110,798,000 76,230,000 46,660,000 45,281,000 36,917,000 33,254,000 29,113,000 27,086,000 27,837,000 28,652,000 26,411,000 30,741,000 31,228,000 29,779,000 29,845,000 45,527,563 44,520,516 41,085,771 22,424,569 
      long-term asset retirement obligations
    		31,208,000 30,806,000 30,454,000 30,052,000                             
      long-term equipment loans
    		   57,000                             
      long-term borrowings on revolving credit facility
    		 25,000,000 16,000,000                              
      long-term financing lease obligations
    		10,955,000 12,258,000 13,203,000 7,517,000 6,684,000 7,506,000 8,543,000 4,915,000 5,765,000 8,296,000 3,980,000 4,917,000 3,783,000 4,501,000 5,968,000 4,599,000 4,847,000 3,584,000               
      senior notes
    		116,316,000 88,606,000 88,356,000 88,135,000 33,646,000 33,529,000 33,412,000 33,296,000 33,178,000 33,061,000 32,945,000 32,830,000 32,712,000 32,594,000 32,478,000 32,363,000 32,245,000                
      deferred tax liability
    		46,386,000 49,689,000 51,359,000 56,027,000 54,573,000 54,740,000 52,424,000 54,352,000 45,685,000 42,257,000 37,791,000 35,637,000 17,985,000 12,854,000 11,421,000 6,406,000 3,412,000 1,824,000 1,596,000  5,228,000 6,635,000 5,375,000 5,265,000 4,670,000 3,537,000 1,450,000 109,000 1,448,478 1,385,717 708,465  
      other long-term liabilities
    		7,312,000 7,061,000 6,754,000 7,664,000 5,414,000 4,941,000 4,961,000 4,483,000 4,322,000 4,084,000 3,742,000 3,299,000 3,368,000 2,637,000 2,411,000 2,532,000 2,054,000 1,001,000 1,013,000 965,000 982,000 975,000 975,000 854,000 701,000 155,000 182,000      
      total liabilities
    		322,743,000 327,207,000 330,487,000 311,880,000 283,571,000 293,102,000 301,743,000 296,231,000 294,108,000 323,286,000 304,393,000 287,141,000 263,463,000 210,024,000 154,429,000 117,959,000 105,277,000 61,652,000 66,690,000 59,528,000 68,465,000 65,568,000 71,691,000 56,730,000 60,543,000 57,578,000 57,805,000 47,135,000 59,159,090 58,114,359 54,061,107 34,700,745 
      commitments and contingencies
    		                                
      stockholders’ equity
    		                                
      preferred stock, 0.01 par value, 50,000,000 shares authorized, none issued or outstanding
    		                                
      class a common stock
    		445,000 444,000 444,000 438,000 438,000 437,000 443,000 440,000 439,000 439,000                       
      class b common stock
    		104,000 103,000 103,000 95,000 87,000 87,000 88,000 88,000 88,000 88,000                       
      additional paid-in capital
    		509,272,000 314,341,000 306,312,000 292,739,000 281,079,000 276,734,000 279,962,000 277,133,000 275,929,000 272,728,000 171,531,000 168,711,000 166,994,000 164,918,000 165,451,000 163,566,000 162,437,000 161,095,000 159,899,000 158,859,000 157,866,000 156,777,000 155,863,000 154,957,000 153,976,000 152,872,000 151,813,000 150,926,000 150,228,209 149,533,523 148,838,837 148,293,263 
      retained earnings
    		17,091,000 32,551,000 48,389,000 69,534,000 80,220,000 88,868,000 91,775,000 91,944,000 76,142,000 63,850,000 164,948,000 140,045,000 131,234,000 114,323,000 86,041,000 47,067,000 30,929,000 23,894,000 13,952,000 9,809,000 14,554,000 19,330,000 16,678,000 14,716,000 12,828,000 7,278,000       
      total stockholders’ equity
    		526,912,000                                
      total liabilities and stockholders’ equity
    		849,655,000                                
      liabilities and stockholders' equity
    		                                
      ​
    		                                
      stockholders' equity
    		                                
      total stockholders' equity
    		 347,439,000 355,248,000 362,806,000 361,824,000 366,126,000 372,268,000 369,605,000 352,598,000 337,105,000 336,923,000 309,198,000 298,669,000 279,682,000 251,935,000 211,074,000 193,807,000 185,430,000 174,293,000 169,095,000 172,847,000 176,533,000 172,968,000 170,083,000 167,213,000  148,886,000  137,018,504 130,112,490 119,214,368  
      total liabilities and stockholders' equity
    		 674,646,000 685,735,000 674,686,000 645,395,000 659,228,000 674,011,000 665,836,000 646,706,000 660,391,000 641,316,000 596,339,000 562,132,000 489,706,000 406,364,000 329,033,000 299,084,000 247,082,000 240,983,000 228,623,000 241,312,000 242,101,000 244,659,000 226,813,000 227,756,000 218,137,000 206,691,000 188,244,000 196,177,594 188,226,849 173,275,475  
      asset retirement obligations
    		    31,325,000 29,455,000 29,197,000 28,850,000 28,495,000 29,555,000 29,206,000 29,000 484,000 484,000 489,000 489,000 1,161,000 334,000 395,000 46,000 1,044,000 702,000 361,000 19,000 734,000 513,000 292,000 71,000 734,188 512,997 291,806 70,616 
      long-term debt
    		    43,141,000 42,155,000 24,739,000 349,000 34,157,000 63,975,000 45,567,000 18,757,000 16,838,000 1,877,000 2,698,000 3,339,000 2,809,000 3,125,000 15,954,000 12,578,000 21,022,000 15,901,000 22,295,000 9,614,000 11,766,000 10,002,000 13,737,000 4,474,000     
      current portion of related party debt
    		        10,000,000 20,000,000 30,000,000 40,000,000 35,000,000 30,000,000                   
      common stock
    		          444,000 442,000 441,000 441,000 443,000 441,000 441,000 441,000 442,000 427,000 427,000 426,000 427,000 410,000 409,000 409,000 408,000 401,000 400,825 400,825 400,825 395,594 
      * common stock was reclassified to class a common stock during q2 2023. refer to note 9.
    		                                
      * common stock was reclassified to class a common stock during q2 2023. refer to note 6.
    		                                
      preferred stock, 0.01 par value, 50,000,000 shares authorized, none issued and outstanding
    		                                
      property, plant and equipment
    		           429,842,000 403,130,000 341,596,000 245,930,000 227,077,000 181,675,000 177,575,000         156,343,000  144,470,229 136,574,558 125,825,988 115,450,841 
      accrued expenses
    		           41,806,000 49,209,000 35,350,000 23,946,000 19,410,000 14,081,000 12,946,000 10,721,000 11,591,000 9,325,000 12,752,000 11,484,000 11,740,000 11,156,000 9,390,000 9,124,000 8,094,000 6,630,213 8,824,787 6,107,123 2,821,422 
      other current liabilities
    		             70,000 175,000 280,000 44,000 111,000 485,000 862,000             
      long-term related party debt
    		            10,000,000 20,000,000                   
      in thousands, except share and per-share amounts
    		                                
      property, plant and equipment – net
    		                  177,736,000 180,455,000 181,019,000 183,145,000 181,896,000 178,202,000 171,945,000 164,193,000  149,205,000     
      current assets:
    		                                
      deferred tax
    		                   1,762,000             
      deferred income
    		                     1,139,000           
      prepaid expenses
    		                         1,604,000 1,958,000 3,154,000 3,322,037 2,870,297 3,356,956 1,104,437 
      total equity
    		                         160,559,000  141,109,000    113,397,286 
      other assets
    		                          1,013,000  624,920 524,648 422,137 318,206 
      accumulated deficit
    		                          -3,335,000 -10,218,000 -13,610,530 -19,821,858 -30,025,294  
      short-term investments
    		                               5,199,861 
      financed insurance payable
    		                           287,000     
      notes payable
    		                            14,836,754 14,758,593   
      note payable
    		                              5,790,935  
      long-term investments
    		                                
      deferred offering costs
    		                                
      liabilities and equity
    		                                
      distributions payable
    		                                
      note payable - ramaco coal, llc
    		                                
      series a preferred units
    		                                
      equity
    		                                
      contributed capital
    		                                
      accumulated losses
    		                               -35,291,571 
      total liabilities and equity
    		                               148,098,031 
      revenue
    		                                
      coal sales
    		                               58,798,130 
      coal processing
    		                               2,237,674 
      total revenue
    		                               61,035,804 
      cost and expenses
    		                                
      cost of coal sales
    		                               58,308,259 
      cost of coal processing
    		                               2,212,403 
      other operating costs and expenses
    		                               257,721 
      asset retirement obligation accretion
    		                               405,106 
      depreciation and amortization
    		                               3,154,072 
      professional fees
    		                               1,377,053 
      selling, general and administrative
    		                               11,214,056 
      total cost and expenses
    		                               76,928,670 
      operating income
    		                               -15,892,866 
      interest and dividend income
    		                               295,185 
      other income
    		                               203,973 
      interest expense
    		                               -22,841 
      net income
    		                               -15,416,549 
      pro forma basic and diluted loss per share
    		                               -0.41 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.