For the year ending 2025-12-31, RITE had $1,159 increase in cash & cash equivalents over the period. -$317,904 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Depreciation and amortization | 0 |
| (gain) loss on extinguishment of obligations (warrants issued) | 0 |
| Deferred income taxes | 0 |
| (increase) decrease in receivables and prepaids | 0 |
| (increase) decrease in inventory | 0 |
| Stock-based compensation expense | 81,733 |
| Unrealized (gain) loss on investments | 25,800 |
| Increase (decrease) in payables and accrued liabilities | 49,382 |
| Other adjustments, net | 2,700 |
| (gain) loss on extinguishment of debt | 117,500 |
| Net income | -291,519 |
| Net cash provided by (used in) operating activities | -306,404 |
| Proceeds from sale of minerals, property and equipment | 0 |
| Purchases of marketable securities | 0 |
| Proceeds from sale of marketable securities | 0 |
| Purchases of minerals, property and equipment | 11,500 |
| Net cash provided by (used in) investing activities | -11,500 |
| Proceeds from issuance of common stock | 0 |
| Payment of dividends | 0 |
| Proceeds from issuance of preferred stock | 203,900 |
| Proceeds from option/warrant premiums | 2,365 |
| Proceeds from issuance of debt | 125,500 |
| Repayments of debt | 12,702 |
| Net cash provided by (used in) financing activities | 319,063 |
| Net increase (decrease) in cash and cash equivalents | 1,159 |
| Cash and cash equivalents at beginning of period | 10,458 |
| Cash and cash equivalents at end of period | 11,617 |
MINERALRITE Corp (RITE)
MINERALRITE Corp (RITE)