Company: RAIN
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076727
Chunk: 70

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 70
---
  
    Class B common  stock 
  
    Basic and diluted net loss per common share: 

    Numerator: 

    Allocation of net loss 
    $(945,518) 
    $(7,253) 
    $(324,788) 
    $        - 

    Denominator: 

    Basic and diluted weighted average share outstanding 
     7,528,761  
     57,752  
     1,766,554  
     - 

    Basic and diluted net loss per common share 
    $(0.13) 
    $(0.13) 
    $(0.18) 
    $- 

10

RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS

JUNE 30, 2025

    For the six months ended June 30, 

    2025  
    2024 

    Class A common stock  
    Class B common stock  
    Class A common stock  
    Class B common  stock 
  
    Basic and diluted net loss per common share: 

    Numerator: 

    Allocation of net loss 
    $(2,416,677) 
    $(18,538) 
    $(356,128) 
    $       - 

    Denominator: 

    Basic and diluted weighted average share outstanding 
     7,528,761  
     57,752  
     1,766,554  
     - 

    Basic and diluted net loss per common share 
    $(0.32) 
    $(0.32) 
    $(0.20) 
    $- 

Recent Accounting Pronouncements

In December 2023, the FASB issued ASU No. 2023-09
(Topic 740), Improvements to Income Tax Disclosures. The ASU requires disaggregated information about a reporting entity’s
effective tax rate reconciliation as well as an expansion of other income tax disclosures. The ASU is effective on a prospective basis
for annual reporting periods beginning after December 15, 2024. The Company is currently evaluating the impact this ASU will have
on its consolidated financial statements and related disclosures.

Issued in November 2024, ASU 2024-03, Disaggregation
of income