For the quarter ending 2025-09-30, RITE had -$24,972 decrease in cash & cash equivalents over the period. -$77,476 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Depreciation and amortization | 0 | 0 |
| Stock-based compensation expense | 0 | 0 |
| Deferred income taxes | 0 | 0 |
| (increase) decrease in accounts receivable | 0 | 0 |
| (increase) decrease in inventory | 0 | 0 |
| Net income | 24,588 | -150,136 |
| Unrealized (gain) loss on investments | -17,640 | 10,500 |
| Increase (decrease) in accounts payable | 1,196 | -10,055 |
| Other adjustments, net | 0 | 2,700 |
| (gain) loss on extinguishment of debt | 117,500 | 0 |
| Net cash provided by (used in) operating activities | -74,076 | -173,391 |
| Proceeds from sale of property and equipment | 0 | 0 |
| Proceeds from sale of marketable securities | 0 | 0 |
| Purchases of property and equipment | 3,400 | 16,158 |
| Purchases of marketable securities | 0 | 25,500 |
| Net cash provided by (used in) investing activities | -3,400 | -41,658 |
| Proceeds from issuance of debt | -5,099 | 5,099 |
| Payment of dividends | 0 | 0 |
| Proceeds from issuance of common stock | 0 | 25,500 |
| Proceeds from issuance of preferred stock | 82,500 | 211,500 |
| Proceeds from option/warrant premiums | 325 | 940 |
| Repayments of debt | 25,222 | 0 |
| Net cash provided by (used in) financing activities | 52,504 | 243,039 |
| Net increase (decrease) in cash and cash equivalents | -24,972 | 27,990 |
| Cash and cash equivalents at beginning of period | 10,457 | - |
| Cash and cash equivalents at end of period | 13,475 | - |
MINERALRITE Corp (RITE)
MINERALRITE Corp (RITE)