The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -2,200,184 | -2,435,215 |
| Amortization expense | 2,919 | 5,838 |
| Tax payable | - | 0 |
| General and administrative expenses advanced by related parties | 388,802 | 1,062,787 |
| Stock based compensation expense | 349,330 | - |
| Change in fair value of warrant liability | 312,500 | 162,500 |
| Gain from settlement with vendor | 0 | 225,517 |
| Prepaid expenses | 1,384 | 335,361 |
| Deferred financing costs | -75,000 | - |
| Accounts payable | 892,668 | -329,860 |
| Accrued expenses | -698,936 | 610,689 |
| Accrued expenses - related party | 402,105 | 13,609 |
| Accrued interest - related parties | 243,225 | 80,173 |
| Net cash used in operating activities | -233,955 | -1,390,357 |
| Capital expenditures for equipment | 245,783 | 612,709 |
| Net cash used in investing activities | -245,783 | -612,709 |
| Proceeds from subscription payable | - | 0 |
| Proceeds from draw down under line of credit | 700,000 | 1,336,935 |
| Proceeds from payment of subscription receivable | 0 | 650,000 |
| Net cash provided by financing activities | 700,000 | 1,986,935 |
| Net change in cash | 220,262 | -16,131 |
| Cash and cash equivalents at beginning of period | 32,604 | - |
| Cash and cash equivalents at end of period | 236,735 | - |
Rain Enhancement Technologies Holdco, Inc. (RAIN)
Rain Enhancement Technologies Holdco, Inc. (RAIN)