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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities      
Net income (loss) $ 24,934 $ 25,074 $ (15,417)
Adjustments to reconcile net income (loss) to net cash from operating activities:      
Accretion of asset retirement obligations 511 494 405
Depreciation and amortization 19,521 12,423 3,154
Amortization of debt issuance costs 58 569  
Stock-based compensation 4,060 2,638 2,820
Deferred income taxes 5,156 109  
Changes in operating assets and liabilities:      
Accounts receivable (8,527) (3,563) (6,251)
Prepaid expenses and other current assets 723 (629) (431)
Inventories (1,076) (4,127) (8,539)
Other assets and liabilities 689 (835) (1,114)
Accounts payable (7,313) (1,521) 15,535
Accrued expenses 3,646 5,551 1,369
Net cash from operating activities 42,382 36,183 (8,469)
Cash flow from investing activities:      
Purchases of property, plant and equipment (45,722) (48,137) (75,039)
Proceeds from maturities of investment securities   5,200 55,237
Net cash from investing activities (45,722) (42,937) (19,802)
Cash flows from financing activities      
Proceeds from borrowings 73,750 28,424  
Proceeds from notes payable - related party   3,000  
Payments of debt issuance cost   (569)  
Repayment of borrowings (70,335) (18,950) (500)
Repayment of notes payable - related party   (3,000)  
Repayments of financed insurance payable (570) (989) (127)
Restricted stock surrendered for withholding taxes payable (20)    
Proceeds from issuance of common stock     47,709
Payments of equity offering costs     (1,756)
Repayments to Ramaco Coal, LLC     (10,629)
Payment of distributions     (5,405)
Net cash from financing activities 2,825 7,916 29,292
Net change in cash and cash equivalents and restricted cash (515) 1,162 1,021
Cash and cash equivalents and restricted cash, beginning of period 7,380 6,218 5,197
Cash and cash equivalents and restricted cash, end of period 6,865 7,380 6,218
Supplemental cash flow information:      
Cash paid for interest 999 826 88
Cash paid for taxes
Non-cash investing and financing activities:      
Capital expenditures included in accounts payable and accrued expenses 2,902 1,319 5,236
Financed insurance 939 $ 1,276  
Additional asset retirement obligations incurred $ 516   $ 1,813