For the quarter ending 2026-03-31, RITE had $10,780 increase in cash & cash equivalents over the period. -$93,475 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| (increase) decrease in accounts receivable | - | - | 0 | 0 |
| Depreciation and amortization | 0 | 0 | 0 | 0 |
| Increase (decrease) in accounts payable | - | - | 1,196 | -10,055 |
| Stock-based compensation expense | 0 | 81,733 | 0 | 0 |
| (gain) loss on extinguishment of debt | 0 | 0 | 117,500 | 0 |
| (gain) loss on extinguishment of obligations (warrants issued) | 0 | 0 | - | - |
| Deferred income taxes | 0 | 0 | 0 | 0 |
| Increase (decrease) in payables and accrued liabilities | - | 49,382 | - | - |
| (increase) decrease in inventory | 0 | 0 | 0 | 0 |
| Other adjustments, net | 0 | 0 | 0 | 2,700 |
| Net income | -146,895 | -165,971 | 24,588 | -150,136 |
| (increase) decrease in receivables and prepaids | -62,196 | 0 | - | - |
| Increase (decrease) in payables and accrued liabilities | 10,186 | - | - | - |
| Unrealized (gain) loss on investments | -6,750 | 32,940 | -17,640 | 10,500 |
| Net cash provided by (used in) operating activities | -67,763 | -58,937 | -74,076 | -173,391 |
| Proceeds from sale of minerals, property and equipment | 0 | 0 | 0 | 0 |
| (purchases) of marketable securities | 0 | -25,500 | 0 | 25,500 |
| Proceeds from sale of marketable securities | 0 | 0 | 0 | 0 |
| (purchases) of minerals, property and equipment | 25,712 | -8,058 | 3,400 | 16,158 |
| Net cash provided by (used in) investing activities | -25,712 | 33,558 | -3,400 | -41,658 |
| Proceeds from issuance of common stock | 0 | -25,500 | 0 | 25,500 |
| Proceeds from option/warrant premiums | 0 | 1,100 | 325 | 940 |
| Repayments of debt | 0 | -12,520 | 25,222 | 0 |
| Payment of dividends | 0 | 0 | 0 | 0 |
| Proceeds from issuance of preferred stock | 84,255 | -90,100 | 82,500 | 211,500 |
| Proceeds from issuance of debt | 20,000 | 125,500 | -5,099 | 5,099 |
| Net cash provided by (used in) financing activities | 104,255 | 23,520 | 52,504 | 243,039 |
| Net increase (decrease) in cash and cash equivalents | 10,780 | -1,859 | -24,972 | 27,990 |
| Cash and cash equivalents at beginning of period | 11,617 | 13,475 | 10,457 | - |
| Cash and cash equivalents at end of period | 22,397 | 11,617 | 13,475 | - |
MINERALRITE Corp (RITE)
MINERALRITE Corp (RITE)