NASDAQ : RAIN
Rain Enhancement Technologies Holdco, Inc. — Financial statements
Industrials · Pollution & Treatment Controls · United States
Last price 0.5995 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 7.02M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cost of Revenue | 599.85K | 402.42K | |||
| Gross Profit | -589.35K | -402.42K | |||
| Selling, General & Admin | 9.93M | 7.65M | 4.49M | 397.20K | 7.70M |
| Research & Development | 134.64K | 62.01K | |||
| Amortization of Goodwill & Intangibles | 11.68K | 11.68K | 11.68K | 12.65K | |
| Other Operating Expenses | 1.82K | 1.82K | 225.00 | 225.00 | 1.35K |
| Operating Expenses | 10.11M | 7.73M | 4.50M | 410.07K | 7.70M |
| Operating Income | -10.70M | -8.13M | -4.50M | -410.07K | -7.70M |
| Interest Expense | -653.85K | -284.46K | -30.25K | -27.04K | |
| Interest & Investment Income | 76.00 | 95.00 | 91.00 | 107.00 | |
| Other Non Operating Income (Expenses) | -412.50K | -900.00K | |||
| EBT Excluding Unusual Items | -11.76M | -9.32M | -4.53M | -437.01K | -7.70M |
| Other Unusual Items | 225.52K | ||||
| Pretax Income | -11.76M | -9.09M | -4.53M | -437.01K | -7.70M |
| Net Income | -11.76M | -9.09M | -4.53M | -437.01K | -7.70M |
| Net Income to Common | -11.76M | -9.09M | -4.53M | -437.01K | -7.70M |
| Shares Outstanding (Basic) | 7.83M | 7.59M | 1.98M | 920.54K | |
| Shares Outstanding (Diluted) | 7.83M | 7.59M | 1.98M | 920.54K | |
| EPS (Basic) | -1.50 | -1.20 | -2.29 | -0.47 | |
| EPS (Diluted) | -1.50 | -1.20 | -2.29 | -0.47 | |
| Free Cash Flow | -3.85M | -2.94M | -1.37M | -502.27K | |
| Free Cash Flow Per Share | -0.49 | -0.39 | -0.69 | -0.55 | |
| EBITDA | -10.66M | -8.11M | -4.49M | -397.43K | |
| D&A For EBITDA | 39.28K | 18.58K | 11.68K | 12.65K | |
| EBIT | -10.70M | -8.13M | -4.50M | -410.07K | -7.70M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 32.61K | 213.69K | 32.60K | 37.34K | 100.00K |
| Cash & Short-Term Investments | 32.61K | 213.69K | 32.60K | 37.34K | 100.00K |
| Other Receivables | 650.00K | ||||
| Receivables | 650.00K | ||||
| Prepaid Expenses | 398.78K | 103.80K | 12.34K | 8.14K | |
| Other Current Assets | 75.00K | ||||
| Total Current Assets | 431.39K | 317.48K | 769.94K | 45.48K | 100.00K |
| Property, Plant & Equipment | 1.49M | 1.39M | 414.03K | 368.21K | 104.05K |
| Other Intangible Assets | 74.91K | 80.75K | 92.43K | 104.10K | 116.75K |
| Total Assets | 2.41M | 1.79M | 1.28M | 517.79K | 320.80K |
| Accounts Payable | 2.17M | 1.53M | 1.95M | 505.38K | 220.15K |
| Accrued Expenses | 2.47M | 2.23M | 738.19K | 38.02K | 143.97K |
| Short-Term Debt | 8.87M | 9.50M | 3.51M | 611.26K | 170.39K |
| Current Income Taxes Payable | 912.00 | 912.00 | |||
| Other Current Liabilities | 20.64K | 20.64K | 20.64K | ||
| Total Current Liabilities | 13.57M | 13.29M | 6.22M | 1.15M | 534.51K |
| Other Long-Term Liabilities | 925.00K | 1.25M | 350.00K | ||
| Total Liabilities | 14.57M | 14.54M | 6.57M | 1.15M | 534.51K |
| Common Stock | 1.03K | 819.00 | 759.00 | 177.00 | |
| Additional Paid-In Capital | 8.29M | 2.60M | 964.34K | 1.08M | 1.07M |
| Retained Earnings | -20.45M | -15.35M | -6.25M | -1.72M | -1.28M |
| Shareholders' Equity | -12.16M | -12.75M | -5.29M | -636.88K | -213.71K |
| Total Liabilities & Equity | 2.41M | 1.79M | 1.28M | 517.79K | 320.80K |
| Total Debt | 8.98M | 9.50M | 3.51M | 611.26K | 170.39K |
| Net Cash (Debt) | -8.95M | -9.29M | -3.48M | -573.92K | -70.39K |
| Net Cash Per Share | -1.14 | -1.22 | -1.76 | -0.62 | |
| Filing Date Shares Outstanding | 11.70M | 8.19M | 7.59M | 3.68M | |
| Total Common Shares Outstanding | 10.34M | 8.19M | 7.59M | 3.68M | |
| Working Capital | -13.14M | -12.97M | -5.45M | -1.11M | -434.51K |
| Book Value Per Share | -1.18 | -1.56 | -0.70 | -0.17 | |
| Tangible Book Value | -12.23M | -12.83M | -5.38M | -740.98K | -330.46K |
| Tangible Book Value Per Share | -1.18 | -1.57 | -0.71 | -0.20 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Net Income | -11.76M | -9.09M | -4.53M | -437.01K | -7.70M |
| Depreciation & Amortization | 39.28K | 18.58K | 11.68K | 12.65K | |
| Stock-Based Compensation | 3.33M | 1.63M | 2.83M | 3.84K | 5.82M |
| Other Operating Activities | 3.49M | 4.19M | 321.45K | 11.27K | 297.12K |
| Change in Accounts Payable | 207.95K | -188.66K | 28.45K | 285.23K | 1.22M |
| Change in Income Taxes | 912.00 | 912.00 | -225.00 | ||
| Change in Other Net Operating Assets | 1.24M | 1.48M | 15.30K | -114.09K | 361.35K |
| Operating Cash Flow | -3.46M | -1.95M | -1.32M | -238.11K | |
| Capital Expenditures | -384.58K | -987.80K | -45.83K | -264.15K | |
| Investing Cash Flow | -384.58K | -987.80K | -45.83K | -264.15K | |
| Short-Term Debt Issued | 2.47M | 446.91K | |||
| Total Debt Issued | 3.88M | 2.47M | 446.91K | ||
| Short-Term Debt Repaid | -17.30K | ||||
| Total Debt Repaid | -17.30K | ||||
| Net Debt Issued (Repaid) | 3.88M | 2.47M | 429.61K | ||
| Issuance of Common Stock | 1.56M | 2.00K | 600.00K | ||
| Other Financing Activities | -22.80K | 650.00K | -201.34K | ||
| Financing Cash Flow | 3.86M | 3.12M | 1.36M | 439.61K | 600.00K |
| Net Cash Flow | 16.14K | 181.08K | -4.74K | -62.66K | 600.00K |
| Free Cash Flow | -3.85M | -2.94M | -1.37M | -502.27K | |
| Free Cash Flow Per Share | -0.49 | -0.39 | -0.69 | -0.55 | |
| Levered Free Cash Flow | -2.27M | -2.88M | 1.40M | -349.72K | |
| Unlevered Free Cash Flow | -1.86M | -2.70M | 1.42M | -332.82K | |
| Change in Working Capital | 1.44M | 1.29M | 43.52K | 171.14K | 1.59M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Market Capitalization | 6.36M | 44.31M | 3.34K | 102.64M | 150.60M |
| Enterprise Value | 15.30M | 51.07M | 570.41K | ||
| Last Close Price | 0.54 | 5.84 | 11.51 | 10.66 | 10.04 |
| PB Ratio | -3.48 | -0.00 | -161.16 | -704.70 | |
| Debt / Equity Ratio | -0.74 | -0.75 | -0.66 | -0.96 | -0.80 |
| Net Debt / Equity Ratio | -0.74 | -0.73 | -0.66 | -0.90 | -0.33 |
| Net Debt / EBITDA Ratio | -0.84 | -1.15 | -0.77 | -1.44 | |
| Net Debt / FCF Ratio | -2.33 | -3.16 | -2.54 | -1.14 | |
| Quick Ratio | 0.00 | 0.02 | 0.11 | 0.03 | 0.19 |
| Current Ratio | 0.03 | 0.02 | 0.12 | 0.04 | 0.19 |
| Return on Assets (ROA) | -337.18% | -331.17% | -313.76% | -61.12% | |
| Return on Capital Employed (ROCE) | 95.90% | 70.70% | 91.20% | 64.40% | 3,604.40% |
| Earnings Yield | -276.73% | -20.52% | -135,822.68% | -0.43% | -5.12% |
| FCF Yield | -60.52% | -6.64% | -40,994.79% | -0.49% | |
| Buyback Yield / Dilution | -60.17% | -283.67% | -114.80% |