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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities    
Net loss $ (12,816,658) $ (5,980,062)
Adjustments to reconcile net loss to net cash from operating activities:    
Accretion of asset retirement obligations 303,829 134,788
Depreciation, depletion and amortization 1,334,983 60,519
Costs associated with abandoned offering 3,089,079
Equity-based compensation 2,465,340 67,894
Changes in operating assets and liabilities:    
Accounts receivable (1,701,986) (401,216)
Prepaid expenses (1,084,917) 188,048
Inventory (2,433,262)
Advanced coal royalties (934,482)
Other assets and liabilities (364,160) (21,341)
Accounts payable 2,327,052 306,991
Accrued expenses (382,831) (263,108)
Net cash from operating activities (12,521,430) (2,292,192)
Cash flow from investing activities    
Purchases of property, plant and equipment (53,280,926) (2,663,967)
Purchases of investment securities (14,913,824) (64,782,707)
Proceeds from maturities of investment securities 55,490,696
Net cash from investing activities (12,704,054) (67,446,674)
Cash flows from financing activities    
Proceeds from issuance of common stock 47,709,000
Payment of equity offering costs (1,755,687) (133,848)
Issuance of Series A preferred units 83,704,055
Proceeds from note payable - related party 4,000,000
Repayments to Ramaco Coal, LLC, net (10,629,275) (53,735)
Repayments of financed insurance payable (127,048) (304,044)
Payment of distributions (5,405,064)
Payment of note payable (500,000)
Contributed capital from existing members 500,000
Net cash from financing activities 29,291,926 87,712,428
Net change in cash and cash equivalents 4,066,442 17,973,562
Cash and cash equivalents, beginning of period 5,196,914 993,627
Cash and cash equivalents, end of period 9,263,356 18,967,189
Supplemental cash flow information:    
Cash paid for interest 81,324 1,242
Non-cash investing and financing activities:    
Increase in prepaid expenses and financed insurance payable 57,633 310,089
Capital expenditures included in accounts payable 3,201,790 2,076,336
Additional asset retirement obligations acquired or incurred 478,921 7,416,164
Series A preferred units issued in exchange for note payable – related party 4,045,945
Paid-in kind distribution on Series A preferred units 776,712
Accretion - Series A preferred units 123,825 61,740
Sale of equipment for receivable $ 271,638