Company: RAIN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110062
Chunk: 96

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 96
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 approximately $243,000.

For the nine months ended September 30, 2025, we had net loss of approximately
$4.6 million, which consisted of general and administrative expenses of approximately $3.9 million (primarily related to personnel costs,
stock based compensation expenses, professional services including annual audit, marketing, and other corporate operating expenses), installation
costs of approximately $74,000, research and development expenses of approximately $48,000, amortization expenses of approximately $9,000,
a loss due to change in fair value of warrant liability of $475,000, and interest expenses and minimal tax expenses and interest income
from operating account of approximately $323,000, partially offset by gain from settlement with vendor of approximately $226,000.

For the three months ended September 30, 2024,
we had net loss of approximately $3.0 million, which consisted of general and administrative expenses and minimal amortization expenses
of approximately $3,000 and interest expense in connection with the note payable to related parties of approximately $7,000.

For the nine months ended September 30, 2024,
we had net loss of approximately $3.4 million, which consisted mainly of general and administrative expenses of approximately $3.3 million,
amortization expenses of approximately $9,000 and tax and interest expenses in connection with the note payable to related parties of
approximately $22,000.

Cash Flows

For the nine months ended September 30, 2025,
net cash used in operating activities was approximately $1.6 million, net cash used in investing activities was approximately $858,000,
and net cash provided by financing activities was approximately $2.7 million. Net loss of approximately $4.6 million, and gain from settlement
with vendor of approximately $226,000, partially offset by changes in operating assets and liabilities of approximately $952,000, amortization
expense of approximately $9,000, approximately $1.5 million paid by related parties on behalf of RWT, stock-based compensation expenses
of approximately $349,000, and change in fair value of warrant liability of $475,000, resulted in approximately $1.6 million of net cash
used in operating activities. Cash used in investing activities consisted solely of payment for building Equipment of approximately $858,000.
Cash provided by financing activities resulted from proceeds from payment of subscription receivable of $650,000 and proceeds from drawdowns
under the LOC of