Every 10-Q that AMERICAN CLEAN RESOURCES (ACRG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ACRG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ACRG filings page.
American Clean Resources Group, Inc. reported that it remains an exploration-stage company with no operating revenue and continuing losses. For the six months ended June 30, 2026, it recorded a net loss of $845,412, compared with $753,566 in the prior-year period, and an accumulated deficit of $116,319,711.
Total assets were $3.9 million, driven mainly by $3.88 million of mineral rights, while current liabilities of about $5.25 million produced a working capital deficit of roughly $5.2 million. Cash was only $2,914 at June 30, 2026. The company also carries a sizeable legal-services obligation with principal of about $1.05 million and accrued interest of about $2.73 million, generating most of the $244,055 interest expense for the six-month period.
Funding has come primarily from a related-party convertible line of credit with majority stockholder Granite Peak Resources, LLC, under which $447,464 was outstanding and convertible into 426,156 common shares. Management concluded that substantial doubt about the company’s ability to continue as a going concern has not been alleviated, given recurring losses, minimal cash, the working capital deficit, and dependence on discretionary related-party financing. Disclosure controls and procedures were also deemed not effective due to previously identified material weaknesses in internal control.
American Clean Resources Group remained pre-revenue in Q1 2026 and reported a net loss of $422,348, similar to the prior year. General and administrative expenses were $305,084, reflecting higher insurance, professional and consulting fees, partly offset by lower engineering costs.
Cash was only $1,544 against current liabilities of about $4.8 million, creating a significant working capital deficit and severe liquidity pressure. The accumulated deficit reached $115,896,647, and the company again disclosed substantial doubt about its ability to continue as a going concern.
Operations are still in the development stage: the Tonopah mineral rights carried value of $3,883,524 was reviewed with no impairment indicators, and management continues to pursue permits and funding. Liquidity relied heavily on related-party financing, including $272,114 of new borrowings under a Granite Peak Resources line of credit and a restructured $165,000 LaunchIT promissory note after quarter-end.
American Clean Resources Group (ACRG) reported a larger loss and liquidity strain. For the nine months ended September 30, 2025, net loss was $1,257,134, with a quarterly net loss of $503,868. The company recorded no operating revenues and relies on a lease income stream of $7,241 year-to-date.
Cash was $7,850 and current assets were $11,052 against current liabilities of $5,484,881. Management disclosed substantial doubt about continuing as a going concern. Accumulated deficit reached $114,811,071. Interest expense rose to $348,293 year-to-date, reflecting additional borrowings.
Financing came primarily from a related party line of credit, with $858,975 proceeds during the period; related party convertible notes outstanding were $1,284,563 in principal and $84,576 accrued interest as of September 30, 2025. Disclosure controls were deemed not effective due to material weaknesses. Shares outstanding were 13,921,012 as of November 5, 2025.