What is Mineralrite's earnings per share (EPS)?

Mineralrite (RITE) reported diluted earnings per share of $-0.00 for fiscal year 2025. This represents a -200.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Mineralrite Financials

RITE

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Mineralrite (RITE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 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).

Rhea AI RITE FY2025 2026-05-05

External financing, not operations, is sustaining a company with a paper-strong balance sheet but almost no near-term liquidity.

Reported net income swung from $397K in FY2024 to -$292K in FY2025, but the company still consumed cash from operations both years. Operating cash flow remained around -$378K to -$306K, showing a profit-to-cash disconnect and a business still funded externally rather than by its own activity.

The balance sheet is solvent but not liquid: FY2025 shows $433.8M of assets against only $5.1M of total liabilities. Yet current assets were just $146K versus current liabilities of $5.0M, so whatever supports equity is not available to meet near-term obligations.

With only $5K of reported revenue in FY2024 and free cash flow of -$318K in FY2025, the enterprise behaves more like an asset-holding vehicle than a self-funding operating business. That gap is being bridged through capital raising: shares outstanding jumped from 4.3B to 6.2B while financing cash flow was only $319K, indicating very large dilution for modest cash.

Financial Health Signals

Financial Profile 17/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Mineralrite's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

100

Mineralrite carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Mineralrite's current ratio of 0.03 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Returns

Mineralrite generates a -0.1% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 0/100. This is down from 0.2% the prior year.

Piotroski F-Score Weak

1/9

Mineralrite passes 1 of 9 financial strength tests. No profitability signals pass, 1 of 3 leverage/liquidity signals pass.

Earnings Quality Low Quality

1.05x

For every $1 of reported earnings, Mineralrite generates $1.05 in operating cash flow (-$306K OCF vs -$292K net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

-$292K

YoY-173.5%

Mineralrite reported -$292K in net income in fiscal year 2025. This represents a decrease of 173.5% from the prior year.

EPS (Diluted)

$-0.00

YoY-200.0%

Mineralrite earned $-0.00 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 200.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

-$318K

Mineralrite generated -$318K in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt

$12K

YoY+11.1%

5Y CAGR-43.7%

Mineralrite held $12K in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

6.21B

YoY+42.9%

Mineralrite had 6.21B shares outstanding in fiscal year 2025. This represents an increase of 42.9% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

-0.1%

YoY-0.3pp

Mineralrite's ROE was -0.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.3 percentage points from the prior year.

Capital Allocation

R&D Spending

$8K

YoY-21.3%

Mineralrite invested $8K in research and development in fiscal year 2025. This represents a decrease of 21.3% from the prior year.

Share Buybacks

N/A

Capital Expenditures

$12K

Mineralrite invested $12K in capex in fiscal year 2025, funding long-term assets and infrastructure.

RITE Income Statement

Metric	FY25	FY24	FY13	FY12	FY11	FY10
Revenue	N/A	$5K-98.7%	$397K	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	$358K	N/A	N/A	N/A
Gross Profit	N/A	$5K-87.2%	$39K	N/A	N/A	N/A
R&D Expenses	$8K-21.3%	$10K	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	$1.3M+2844.0%	$44K+276.2%	-$25K-244.3%	$17K
Operating Income	-$435K-18.6%	-$367K+76.4%	-$1.6M-396.3%	-$313K-7.0%	-$293K-37.6%	-$213K
Interest Expense	N/A	N/A	$182K+538.5%	$29K-39.2%	$47K+215.5%	-$41K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$292K-173.5%	$397K+111.2%	-$3.5M-677.5%	-$454K-33.8%	-$339K-34.1%	-$253K
EPS (Diluted)	$-0.00-200.0%	$0.00	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	$337	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	-$139K	N/A	-$75K+4.7%	-$79K+3.4%	-$82K	N/A	-$58K+67.3%	-$178K
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$147K	N/A	$25K+135.9%	-$68K+16.2%	-$82K	N/A	-$58K-109.9%	$590K
EPS (Diluted)	$0.00	N/A	$0.00	$0.00	$0.00	N/A	$0.00-100.0%	$0.00

RITE Balance Sheet

Metric	FY25	FY24	FY13	FY12	FY11	FY10
Total Assets	$247.8M+0.6%	$246.3M+10932.3%	$2.2M+186.8%	$778K+29.5%	$601K-4.3%	$628K
Current Assets	$146K+761.0%	$17K-98.5%	$1.1M+499.1%	$183K+75.7%	$104K-59.3%	$257K
Cash & Equivalents	$12K+11.1%	$10K-80.0%	$52K+459.5%	$9K-78.2%	$43K-79.1%	$205K
Inventory	N/A	N/A	$74K	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	$5K-82.5%	$31K-49.6%	$61K+19.0%	$52K
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$5.1M-2.2%	$5.2M+251.6%	$1.5M+137.4%	$620K-35.1%	$955K+11.3%	$858K
Current Liabilities	$5.0M+0.3%	$5.0M+278.4%	$1.3M+118.6%	$608K-35.5%	$943K+11.4%	$847K
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$242.8M+0.7%	$241.1M+31623.2%	$760K+380.2%	$158K+144.7%	-$354K-54.0%	-$230K
Retained Earnings	-$4.8M-6.5%	-$4.5M-2403288.2%	-$186+98.8%	-$16K+99.7%	-$5.8M-6.2%	-$5.5M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$247.8M0.0%	$247.8M-42.7%	$432.3M0.0%	$432.3M0.0%	$432.3M+75.5%	$246.3M	N/A	N/A
Current Assets	$95K-35.2%	$146K+631.0%	$20K-55.6%	$45K+25.9%	$36K+110.5%	$17K	N/A	N/A
Cash & Equivalents	$22K+92.8%	$12K-13.8%	$13K-65.0%	$38K+31.7%	$29K+179.2%	$10K+7.4%	$10K-49.4%	$19K
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$5.1M+0.6%	$5.1M+0.8%	$5.0M-2.8%	$5.2M-97.3%	$191.2M+3593.0%	$5.2M	N/A	N/A
Current Liabilities	$5.1M+0.2%	$5.0M+0.5%	$5.0M0.0%	$5.0M+0.2%	$5.0M-0.4%	$5.0M	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$242.7M0.0%	$242.8M-43.2%	$427.3M0.0%	$427.2M+77.2%	$241.1M0.0%	$241.1M+253103.9%	$95K+5.6%	$90K
Retained Earnings	-$4.9M-3.1%	-$4.8M-3.6%	-$4.6M+0.5%	-$4.6M-1.5%	-$4.6M-1.8%	-$4.5M	N/A	N/A

RITE Cash Flow Statement

Metric	FY25	FY24	FY13	FY12	FY11	FY10
Operating Cash Flow	-$306K+19.0%	-$378K-2.5%	-$369K-3261.7%	-$11K+91.7%	-$133K-915.5%	-$13K
Capital Expenditures	$12K	N/A	-$4K	N/A	N/A	N/A
Free Cash Flow	-$318K	N/A	-$374K	N/A	N/A	N/A
Investing Cash Flow	-$12K	N/A	-$109K-406.8%	$36K+118.7%	-$190K+44.5%	-$343K
Financing Cash Flow	$319K-16.3%	$381K-28.2%	$531K+2528.1%	-$22K-113.7%	$160K-70.9%	$550K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$68K-15.0%	-$59K+20.4%	-$74K-6.4%	-$70K+32.9%	-$104K-34.8%	-$77K-5.8%	-$73K+69.2%	-$236K
Capital Expenditures	$26K+419.1%	-$8K-337.0%	$3K-70.4%	$12K+146.9%	$5K	N/A	N/A	N/A
Free Cash Flow	-$93K-39.5%	-$67K+13.5%	-$77K+4.5%	-$81K+25.1%	-$108K	N/A	N/A	N/A
Investing Cash Flow	-$26K-176.6%	$34K+1087.0%	-$3K+90.8%	-$37K-694.3%	-$5K	N/A	N/A	N/A
Financing Cash Flow	$104K+343.3%	$24K-55.2%	$53K-54.7%	$116K-8.8%	$127K+178.3%	-$162K-153.5%	$303K+63.7%	$185K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

RITE Financial Ratios

Metric	FY25	FY24	FY13	FY12	FY11	FY10
Gross Margin	N/A	100.0%+90.2pp	9.8%	N/A	N/A	N/A
Operating Margin	N/A	-7332.3%-6941.2pp	-391.1%	N/A	N/A	N/A
Net Margin	N/A	7935.2%+8823.9pp	-888.7%	N/A	N/A	N/A
Return on Equity	-0.1%-0.3pp	0.2%+464.6pp	-464.5%-177.6pp	-286.9%	N/A	N/A
Return on Assets	-0.1%-0.3pp	0.2%+158.3pp	-158.1%-99.8pp	-58.3%-1.8pp	-56.5%-16.2pp	-40.3%
Current Ratio	0.03+0.0	0.00-0.8	0.83+0.5	0.30+0.2	0.11-0.2	0.30
Debt-to-Equity	0.020.0	0.02-1.9	1.94-2.0	3.92+6.6	-2.70+1.0	-3.73
FCF Margin	N/A	N/A	-94.1%	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	-0.1%	N/A	0.0%+0.0pp	-0.0%0.0pp	-0.0%	N/A	-61.1%-716.1pp	655.0%
Return on Assets	-0.1%	N/A	0.0%+0.0pp	-0.0%0.0pp	-0.0%	N/A	N/A	N/A
Current Ratio	0.02-0.0	0.03+0.0	0.000.0	0.010.0	0.010.0	0.00	N/A	N/A
Debt-to-Equity	0.020.0	0.020.0	0.010.0	0.01-0.8	0.79+0.8	0.02	N/A	N/A
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Note: The current ratio is below 1.0 (0.03), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

Is Mineralrite profitable?

No, Mineralrite (RITE) reported a net income of -$292K in fiscal year 2025.

What is Mineralrite's return on equity (ROE)?

Mineralrite (RITE) has a return on equity of -0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Mineralrite's free cash flow?

Mineralrite (RITE) generated -$318K in free cash flow during fiscal year 2025. 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 Mineralrite's operating cash flow?

Mineralrite (RITE) generated -$306K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Mineralrite's total assets?

Mineralrite (RITE) had $247.8M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Mineralrite's capital expenditures?

Mineralrite (RITE) invested $12K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Mineralrite spend on research and development?

Mineralrite (RITE) invested $8K in research and development during fiscal year 2025.

How many shares does Mineralrite have outstanding?

Mineralrite (RITE) had 6.21B shares outstanding as of fiscal year 2025.

What is Mineralrite's current ratio?

Mineralrite (RITE) had a current ratio of 0.03 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Mineralrite's debt-to-equity ratio?

Mineralrite (RITE) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Mineralrite's return on assets (ROA)?

Mineralrite (RITE) had a return on assets of -0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Mineralrite's cash runway?

Based on fiscal year 2025 data, Mineralrite (RITE) had $12K in cash against an annual operating cash burn of $306K. This gives an estimated cash runway of approximately 0 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.

What is Mineralrite's Piotroski F-Score?

Mineralrite (RITE) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Mineralrite's earnings high quality?

Mineralrite (RITE) has an earnings quality ratio of 1.05x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Mineralrite?

Mineralrite (RITE) scores 17 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.