Company: RAIN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110062
Chunk: 31

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 components of an enterprise for which separate financial information is
available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources
and assess performance.

The Company operates and manages the business
as one reportable and operating segment, which is the business of developing, manufacturing and commercializing ionization rainfall
generation technology. The Company’s Chief Executive Officer has been identified as the chief operating decision
maker (“CODM”), who reviews the operating results for the Company as a whole to make decisions about allocating resources
and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment.

When evaluating the Company’s performance
and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:

    For the three months
ended
September 30,  
    For the nine months
ended
September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Installation costs 
    $55,594  
    $-  
    $74,284  
    $- 
  
    General and administrative expenses 
     1,115,389  
     219,799  
     3,506,584  
     555,300 
  
    Research and development expenses 
     46,243  
     -  
     47,727  
     - 
  
    Other significant non-cash items: 

    Stock based compensation expenses 
     349,330  
     2,777,507  
     349,330  
     2,777,507 
  
    Amortization expenses 
     2,919  
     2,919  
     8,757  
     8,757 
  
    Loss from operations 
     (1,644,475) 
     (3,000,225) 
     (3,986,682) 
     (3,341,564)
  
    Total other income (expenses) 
     (555,709) 
     (7,421) 
     (573,717) 
     (22,210)
  
    Net loss 
    $(2,200,184) 
    $(3,007,646) 
    $(4,635,399)