Company: RAIN
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044438
Chunk: 3

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
    Amount  
    Capital  
    Deficit  
    Deficit 
  
    Balance - December
    31, 2023 
     200  
    $-  
     1,310  
    $-  
     -  
    $-  
    $1,083,966  
    $(1,720,841) 
    $(636,875)
  
    Retroactive
    application of Business Combination (Note 1) 
     (200) 
     -  
     (1,310) 
     -  
     1,766,554  
     177  
     (177) 
     -  
     - 
  
    Balance - December 31, 2023,
    recasted 
     -  
     -  
     -  
     -  
     1,766,554  
     177  
     1,083,789  
     (1,720,841) 
     (636,875)
  
    Conversion of
    Series A preferred stock into common stock 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     - 
  
    Net
    loss 
     -  
     -  
     -  
     -  
     -  
     -  
     -  
     (31,340) 
     (31,340)
  
    Balance
    - March 31, 2024 (unaudited) 
     -  
    $             -  
     -  
    $              -  
     1,766,554  
    $177  
    $1,083,789  
    $(1,752,181) 
    $(668,215)

The accompanying notes are an integral part
of the unaudited condensed consolidated financial statements.

3

RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF CASH FLOWS

    For the three months ended  March 31, 

    2025  
    2024 

    Cash