Company: RAIN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110062
Chunk: 6

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 6
---
 $(3,363,774)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Amortization expense 
     8,757  
     8,757 
  
    General and administrative expenses advanced by related parties 
     1,451,589  
     195,663 
  
    Stock based compensation expense 
     349,330  
     2,777,507 
  
    Change in fair value of warrant liability 
     475,000  
     - 
  
    Gain from settlement with vendor 
     (225,517) 
     - 
  
    Changes in operating assets and liabilities: 

    Prepaid expenses 
     (336,745) 
     (2,395)
  
    Deferred financing costs 
     75,000  
     - 
  
    Accounts payable 
     562,808  
     206,182 
  
    Accrued expenses 
     (88,247) 
     (10,650)
  
    Accrued expenses - related party 
     415,714  
     - 
  
    Accrued interest - related parties 
     323,398  
     22,274 
  
    Tax payable 
     -  
     (225)
  
    Net cash used in operating activities 
     (1,624,312) 
     (166,661)

    Cash Flows from Investing Activities: 

    Capital expenditures for equipment 
     (858,492) 
     (45,827)
  
    Net cash used in investing activities 
     (858,492) 
     (45,827)

    Cash Flows from Financing Activities: 

    Proceeds from draw down under line of credit 
     2,036,935  
     - 
  
    Proceeds from payment of subscription receivable 
     650,000  
     - 
  
    Proceeds from issuance of RET’s Class A common stock 
     -  
     340,000 
  
    Proceeds from issuance of RET’s Class B common stock 
     -  
     75,000 
  
    Net cash provided by financing activities 
     2,686,935  
     415,000 

    Net change in cash 
     204,131  
     202,512