RAIN: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, RAIN has $1,942,011 in assets. $11,517,588 in debts.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Deferred financing costs	-	75,000
Cash	236,735	16,473
Subscription receivable	-	0
Prepaid expenses	349,080	347,696
Total current assets	585,815	439,169
Equipment	414,034	414,034
Construction in-process equipment	858,492	612,709
Intangible assets, net	83,670	86,589
Total assets	1,942,011	1,552,501

Accounts payable	2,284,222	1,391,554
Accrued expenses	611,753	1,310,689
Accrued expenses - related party-Related Party	415,714	13,609
Line of credit - related party-Related Party	6,598,673	5,509,871
Note payable from related parties-Related Party	400,000	400,000
Accrued interest - related parties-Related Party	361,590	118,365
Shortfall payment liability	20,636	20,636
Total current liabilities	10,692,588	8,764,724
Derivative warrant liabilities	825,000	512,500
Total liabilities	11,517,588	9,277,224
Common stock-Common Class A	813	753
Common stock-Common Class B	6	6
Additional paid-in capital	1,313,605	964,335
Accumulated deficit	-10,890,001	-8,689,817
Total stockholders deficit	-9,575,577	-7,724,723
Total liabilities and stockholders deficit	1,942,011	1,552,501