Logo

RAIN

Rain Enhancement Technologies Holdco Inc

RAIN

Rain Enhancement Technologies Holdco Inc • NASDAQ
$5.40 ▲ 1.76% (+0.09)
Market Cap $41.24 M
52w High $10.84
52w Low $1.75
Dividend Yield 0%
P/E -7.61
Volume 19.69K
Outstanding Shares 7.64M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $0 $1.586M ▲ $-2.2M ▼ 0% $-0.29 ▼ $-1.954M ▼
Q2-2025 $0 $1.073M ▼ $-952.771K ▲ 0% $-0.13 ▲ $-916.762K ▲
Q1-2025 $0 $1.342M ▲ $-1.482M ▼ 0% $-0.21 ▼ $-1.432M ▼
Q4-2024 $0 $1.162M ▼ $-1.17M ▲ 0% $-0.16 ▲ $-1.159M ▲
Q3-2024 $0 $3M $-3.008M 0% $-0.44 $-3M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $236.735K ▲ $1.942M ▲ $11.518M ▲ $-9.576M ▼
Q2-2025 $16.473K ▼ $1.553M ▲ $9.277M ▲ $-7.725M ▼
Q1-2025 $273.125K ▲ $1.323M ▲ $8.095M ▲ $-6.772M ▼
Q4-2024 $32.604K ▼ $1.276M ▲ $6.566M ▲ $-5.29M ▼
Q3-2024 $239.857K $759.767K $1.568M $-808.142K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-2.2M ▼ $-233.955K ▲ $-245.783K ▲ $700K ▲ $220.262K ▲ $-479.74K ▲
Q2-2025 $-952.771K ▲ $-383.33K ▲ $-473.322K ▼ $600K ▼ $-256.652K ▼ $-856.652K ▲
Q1-2025 $-1.482M ▼ $-1.007M ▲ $-139.387K ▼ $1.387M ▲ $240.521K ▲ $-1.146M ▲
Q4-2024 $-1.17M ▼ $-1.156M ▼ $-1 ▲ $948.665K ▲ $-207.253K ▼ $-1.156M ▼
Q2-2024 $-324.788K $-59.243K $-3.366K $415K $352.391K $-62.609K

Five-Year Company Overview

Income Statement

Income Statement RAIN is essentially a pre‑revenue company. Over the past several years it has not generated meaningful sales, yet it has been recording operating and net losses. These losses look consistent with an early‑stage business spending on development, trials, and corporate setup rather than on running a mature utility operation. Earnings per share have been negative and quite volatile, which likely reflects a mix of small absolute dollar losses spread over a changing share count as the company prepared for its IPO. Overall, the income statement shows promise in technology but no proof yet that the business model can produce recurring revenue or profits.

Balance Sheet

Balance Sheet The balance sheet has been very small and shifting, which is typical for a young company still building out operations. Total assets have been limited, historically driven more by cash and a few other assets than by large physical infrastructure. There is effectively no financial debt, which is a positive from a risk perspective, but equity has dipped into slightly negative territory at times, signaling accumulated losses that exceed the company’s asset base. In practical terms, this balance sheet tells the story of a company that is highly dependent on new funding (such as IPO proceeds or other capital raises) to expand and eventually build a more substantial asset base.

Cash Flow

Cash Flow RAIN’s cash flows show a pattern of cash being used rather than generated. Operating cash flow has been consistently negative, reflecting spending on salaries, development work, pilots, and general overhead without any offsetting revenue. Free cash flow has also been negative, though capital spending has been modest, suggesting the main cash use so far is running and proving the technology rather than building large plants or infrastructure. This means the business is not yet self‑funding and remains reliant on external capital to sustain operations and grow.

Competitive Edge

Competitive Edge RAIN sits in a niche but important space: weather modification and water enhancement. Its main differentiation is an ionization‑based system that is chemical‑free, solar‑powered, and ground‑based. That gives it an environmental and operational angle that contrasts with traditional aircraft‑based cloud seeding using chemicals. The company benefits from exclusive licenses on key intellectual property connected to a long trial in Oman, which helps create some barriers to direct imitation. However, the overall market is still small and specialized, with several other players using more conventional methods and a few working on similar ionization concepts. RAIN’s current competitive position is more about technology promise and early‑mover perception than about market share or customer lock‑in, which are still to be demonstrated.

Innovation and R&D

Innovation and R&D Innovation is RAIN’s core strength. Its WETA system uses ionization to encourage rainfall, backed by a multi‑year, independently analyzed trial that showed a meaningful improvement in precipitation. The technology is designed to be environmentally friendly and energy‑self‑sufficient, which aligns well with rising sustainability standards. Importantly, the company is not stopping at rain: it is testing applications for snow enhancement and fog reduction, broadening its potential use cases into water management and transportation safety. RAIN also plans to plug into adjacent technologies like desalination and purification through partnerships and licensing. The key question is how quickly and convincingly this R&D and pilot work can be converted into standard, repeatable commercial offerings accepted by regulators, scientists, and customers worldwide.

Summary

RAIN looks like a very early‑stage, technology‑driven utility concept rather than a traditional utility business. Financially, it has no established revenue base, a history of operating losses, a thin and occasionally negative equity position, and cash flows that depend on outside funding. Strategically, it has an interesting and distinctive technology platform with credible third‑party validation, some intellectual property protection, and an expanding set of potential applications across rain, snow, and fog. The main opportunities lie in solving water scarcity and weather‑related disruptions in a cleaner and more flexible way than traditional methods. The main risks center on commercialization: proving consistent performance in diverse climates, winning customer trust and regulatory acceptance, fending off rival technologies, and scaling from pilots to durable, multi‑year contracts. In short, RAIN combines high innovation potential with high execution and funding risk, and its future trajectory will depend heavily on how it converts its scientific and pilot successes into stable, recurring commercial relationships.

NEWS

November 24, 2025 · 7:55 AM UTC

Enlivex Announces $212,000,000 Private Placement to Initiate World's First Prediction Markets Digital Asset Treasury Strategy, via RAIN token Accumulation, and the Appointment of Matteo Renzi, Former Prime Minister of Italy, to its Board

Read more

November 18, 2025 · 10:00 AM UTC

Rain Enhancement Technologies Secures Second U.S. Installation with Utah Permit Approval, Advances Snow Enhancement Capabilities

Read more

November 11, 2025 · 9:10 AM UTC

Rain Enhancement Technologies Launches First U.S. Installation with Colorado Permit Approval

Read more

November 7, 2025 · 9:00 AM UTC

Rain Enhancement Technologies Holdco, Inc. Regains Compliance with Nasdaq Listing Requirements

Read more

October 30, 2025 · 10:00 AM UTC

Rain Enhancement Technologies Exhibits at Premier WMO Scientific Conference, Showcases Ionization Research Advancements

Read more