RELATED PARTY TRANSACTIONS |
12 Months Ended |
|---|---|
Dec. 31, 2025 | |
| RELATED PARTY TRANSACTIONS | |
| RELATED PARTY TRANSACTIONS | NOTE 11—RELATED PARTY TRANSACTIONS Legal Services—Some of the professional legal services we receive are provided by Jones & Associates (“Jones”), a related party. Legal services incurred for Jones in 2025, 2024, and 2023 totaled less than $0.1 million, $0.1 million, and zero, respectively. Mr. Jones subsequently became the Company’s General Counsel on May 1, 2025. Ramaco Foundation—During 2025, the Company made a charitable cash contribution of $0.5 million to the Ramaco Foundation, which was recognized in Other income (expense), net, on the Consolidated Statements of Operations. The Ramaco Foundation is an unconsolidated not-for-profit organization whose board of directors includes several members of the Company’s management and board of directors. Other Professional Services—The Company has also entered into professional services with four other related parties, which have been aggregated due to immateriality. Professional services incurred for these related parties were $0.2 million, $0.2 million, and $0.3 million in 2025, 2024, and 2023, respectively. |