Rain Enhancement Technologies Holdco, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Assets | |||
| Cash & Equivalents | $213.7K | $32.6K | $37.3K |
| Accounts Receivable | — | — | — |
| Inventory | — | — | — |
| Total Current Assets | $317.5K | $769.9K | $45.5K |
| Property, Plant & Equipment | $407.1K | $0 | $368.2K |
| Goodwill | — | — | — |
| Intangible Assets (Excl. Goodwill) | $80.8K | $92.4K | $104.1K |
| Total Assets | $1.8M | $1.3M | $517.8K |
| Liabilities | |||
| Accounts Payable | $1.5M | $1.9M | $505.4K |
| Total Current Liabilities | $13.3M | $6.2M | $1.2M |
| Long-Term Debt | — | $839.0K | — |
| Total Liabilities | $14.5M | $6.6M | $1.2M |
| Stockholders' Equity | |||
| Retained Earnings | $-15.3M | $-6.3M | $-1.7M |
| Total Stockholders' Equity | $-12.7M | $-5.3M | $-636.9K |