State Ledger
Company profile

Rain Enhancement Technologies Holdco, Inc. CIK 2028293

Tickers
RAIN (Nasdaq) · RAINW (Nasdaq)
Industry
Misc Industrial & Commercial Machinery & Equipment
Headquarters
Naples, FL 34103
Fiscal year end
2025 (FY)
Market Data
Close
$0.65
Change
-$0.05
Change %
-7.34%
Volume
1,600

RAIN · trading date Oct 9, 2026 · previous close $0.70 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
-$9.09M
Total assets
$1.79M
Total liabilities
$14.54M
Stockholders' equity
-$12.75M
Cash & equivalents
$213.7K
Operating income
-$8.13M
Operating cash flow
-$1.95M
Capital expenditures
$987.8K

Fiscal year 2025, via 10-K filed 2026-04-15. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
-$2.94M
Free cash flow margin
—
Liabilities / assets
810.8%
Equity / assets
-710.8%
CapEx / revenue
—
Operating cash flow / net income
0.21×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — -$9.09M $1.79M $14.54M -$12.75M
2024 — -$4.53M $1.28M $6.57M -$5.29M
2023 — -$437.0K $517.8K $1.15M -$636.9K
Company Details
SIC code
3590
State of incorporation
MA
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-21
Financials filed via
Form 10-K
filed 2026-04-15

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Naples, FL 34103
4851 TAMIAMI TRAIL N
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 16:04 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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