American Resources Corporation (NASDAQ:AREC) Q1 2023 Earnings Conference Call May 15, 2023 4:30 PM ET

Company Participants

Mark LaVerghetta - VP, Corporate Finance and Communications

Mark Jensen - Chairman and CEO

Kirk Taylor - CFO

Conference Call Participants

Heiko Ihle - H.C. Wainwright

Operator

Good day ladies and gentlemen and welcome to the American Resources Corporation’s First Quarter 2023 Conference Call. All lines have been placed on a listen-only mode and the floor will be open for questions and comments following the presentation. [Operator Instructions] Please note this conference is being recorded.

At this time, it is my pleasure to turn the floor over to your host Mark LaVerghetta. Sir, the floor is yours.

Mark LaVerghetta

Thank you and good afternoon everyone. On behalf of American Resources Corporation, I would like to welcome everyone to our first quarter 2023 conference call and business update. Even though we conducted our conference call update just about six weeks ago, we always welcome this opportunity to provide an update on our business and discuss our accomplishments and also discuss how we uniquely positioned within the markets we serve, for our American Carbon, American Metals, and our ReElement Technologies division.

That being said, we will provide some incremental update since our last call and then get into a question-and-answers part of the call. Also on the call with me today is Mark Jensen, American Resources’ Chairman and CEO; and Kirk Taylor, our Chief Financial Officer.

Now before we kick it off, I'd like to remind everyone of our normal cautionary statement. Certain statements discussed on today’s call constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from the results discussed in the forward-looking statements.

When considering forward-looking statements, you should keep in mind the risk factors, uncertainties, and other cautionary statements, which are laid out in our press releases and SEC filings. We also do not undertake any obligation to update or revise any forward-looking statement whether as a result of new information, future events, or otherwise.

Lastly, for anyone wanting to ask a question today, I believe you'll need to dial-in by phone to get into the queue. We are going start today with a few comments from Kirk Taylor. Kirk?

Kirk Taylor

Thank you, Mark and thank you everyone for spending a couple minutes here with us this afternoon. First, I'll start with some financial highlights. The first several months of 2023 have continued to showcase our focus and execution, solidifying our strategic positioning within our addressable markets, which we believe position our company for long-term value creation.