For the quarter ending 2025-09-30, RAINW has $1,942,011 in assets. $11,517,588 in debts.
| 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 | ||
Rain Enhancement Technologies Holdco, Inc. (RAINW)
Rain Enhancement Technologies Holdco, Inc. (RAINW)