Rain Enhancement Technologies Holdco, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Rain Enhancement Technologies Holdco, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2024
FY2024
FY2025
Research and development
0.06
General and administrative
0.4
4.49
7.65
Operating income
-0.41
-4.5
-8.13
Interest expense
0.03
0.03
0.28
Interest income
0
0
0
Other non-operating income
-0.03
-0.03
-0.96
Income tax
0
Net income
-0.44
-4.53
-9.09
EBITDA
-8.13
Balance sheet
FY2024
FY2024
FY2025
Cash and equivalents
0.04
0.03
0.21
Other current assets
0.01
0.01
0.1
Total current assets
0.05
0.77
0.32
Property, plant and equipment
0.37
0
0.41
Intangible assets
0.1
0.09
0.08
Total assets
0.52
1.28
1.79
Accounts payable
0.51
1.95
1.53
Accrued liabilities
0.01
0.7
0.03
Total current liabilities
1.15
6.22
13.3
Total liabilities
1.15
6.57
14.5
Total debt
0.84
Paid-in capital
1.08
0.96
2.6
Retained earnings
-1.72
-6.25
-15.3
Shareholders' equity
-0.64
-5.29
-12.7
Total equity
-0.64
-5.29
-12.7
Total liabilities and equity
0.52
1.28
1.79
Cash flow statement
FY2024
FY2024
FY2025
Net income
-0.44
-4.53
-9.09
Depreciation and amortization
0.01
Stock-based compensation
0
2.83
1.63
Change in payables
0.29
0.03
-0.19
Cash from operations
-0.24
-1.32
-1.95
Capital expenditures
-0.26
-0.05
-0.99
Cash from investing
-0.26
-0.05
-0.99
Stock issued
0
0.74
Cash from financing
0.44
1.36
3.12
Net change in cash
-0.06
-0
0.18
Free cash flow
-0.5
-1.37
-2.94
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.00 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on assets (ROA)
-487.4%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Total assets growth, 1y
40.5%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.03x
Current assets / current liabilities.
Quick ratio
0.00x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.00x
(Cash + short-term investments) / current liabilities.
Market cap + total debt - cash - short-term investments.
FCF yield
-32.9%
Free cash flow / market cap.
Earnings yield
-100.5%
Net income / market cap (the inverse of P/E).
Was Rain Enhancement Technologies Holdco, Inc. profitable in fiscal 2025?
No. It reported a net loss of $9.1M.
How much free cash flow did Rain Enhancement Technologies Holdco, Inc. generate in fiscal 2025?
Cash from operations of $2.0M minus capital expenditures of $987.8K left free cash flow of -$2.9M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.