Rain Enhancement Financials
This page shows Rain Enhancement (RAIN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
External financing is supporting an overhead-heavy operating model while near-term liabilities rise far faster than assets.
Cash burn and fundraising are moving together: across FY2023-FY2025, financing inflows of$4.9M almost matched cumulative free-cash outflow of-$4.8M , yet FY2025 cash was only$214K . That combination means new capital is largely replacing consumed cash rather than building liquidity, so the company stays balance-sheet thin even as obligations accumulate.
Balance-sheet pressure is concentrated in the short term: FY2025 current liabilities were
The cost base is overwhelmingly overhead-led: SG&A reached
Financial Health Signals
Rain Enhancement does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Rain Enhancement reported an operating loss of $8.1M against $284K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Rain Enhancement's EBITDA was -$8.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Rain Enhancement recorded an outflow of $2.9M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 114.9% from the prior year.
Rain Enhancement held $214K in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
None of these metrics is reported for fiscal year 2025.
Capital Allocation
Rain Enhancement invested $62K in research and development in fiscal year 2025.
Rain Enhancement invested $988K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 2055.5% from the prior year.
Not reported for fiscal year 2025.
RAIN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| R&D Expenses | N/A | $62K | N/A | N/A |
| SG&A Expenses | N/A | $7.6M+70.3% | $4.5M+1030.8% | $397K |
| Operating Income | N/A | -$8.1M-80.6% | -$4.5M-998.2% | -$410K |
| Interest Expense | N/A | $284K+840.5% | $30K+11.9% | $27K |
| Income Tax | N/A | $912 | N/A | N/A |
| Net Income | N/A | N/A | -$4.5M-937.5% | -$437K |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, EPS (Diluted).
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
RAIN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Total Assets | $1.8M+40.5% | $1.3M+146.5% | $518K |
| Current Assets | $317K-58.8% | $770K+1592.9% | $45K |
| Cash & Equivalents | $214K+555.4% | $33K-12.7% | $37K |
| Total Liabilities | $14.5M+121.4% | $6.6M+468.6% | $1.2M |
| Current Liabilities | $13.3M+113.8% | $6.2M+438.3% | $1.2M |
| Long-Term Debt | N/A | $839K | N/A |
| Total Equity | -$12.7M-141.0% | -$5.3M-730.5% | -$637K |
| Retained Earnings | -$15.3M-145.4% | -$6.3M-263.5% | -$1.7M |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill.
RAIN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Operating Cash Flow | -$3.5M | -$2.0M-47.7% | -$1.3M-455.4% | -$238K |
| Capital Expenditures | $385K | $988K+2055.5% | $46K-82.7% | $264K |
| Free Cash Flow | -$3.8M | -$2.9M-114.9% | -$1.4M-172.4% | -$502K |
| Investing Cash Flow | -$385K | -$988K-2055.5% | -$46K+82.7% | -$264K |
| Financing Cash Flow | $3.9M | $3.1M+128.9% | $1.4M+210.2% | $440K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
RAIN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 |
|---|---|---|---|
| Return on Assets | N/A | -355.2%-270.8pp | -84.4% |
| Current Ratio | 0.02-0.1x | 0.12+0.1x | 0.04 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, FCF Margin.
Note: Shareholder equity is negative (-$12.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.02), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where Rain Enhancement Ranks
Frequently Asked Questions
What is Rain Enhancement's EBITDA?
Rain Enhancement (RAIN) had EBITDA of -$8.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Rain Enhancement's free cash flow?
Rain Enhancement (RAIN) recorded an outflow of $2.9M in free cash flow during fiscal year 2025. This represents a -114.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Rain Enhancement's operating cash flow?
Rain Enhancement (RAIN) recorded an outflow of $2.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Rain Enhancement's total assets?
Rain Enhancement (RAIN) had $1.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Rain Enhancement's capital expenditures?
Rain Enhancement (RAIN) invested $988K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Rain Enhancement spend on research and development?
Rain Enhancement (RAIN) invested $62K in research and development during fiscal year 2025.
What is Rain Enhancement's current ratio?
Rain Enhancement (RAIN) had a current ratio of 0.02 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Rain Enhancement's cash runway?
Based on fiscal year 2025 data, Rain Enhancement (RAIN) had $214K in cash against an annual operating cash burn of $2.0M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Rain Enhancement's debt-to-equity ratio negative or not reported?
Rain Enhancement (RAIN) has negative shareholder equity of -$12.7M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
Can Rain Enhancement cover its interest payments?
Rain Enhancement (RAIN) reported an operating loss of $8.1M against $284K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.