Here are the 10-K annual reports from MineralRite Corp (RITE) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow RITE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full RITE filings page.
MineralRite Corporation filed an amended 2025 annual report to restate its financial statements for the Peeples/California Precious Metals acquisition. The deal is now treated as an asset acquisition under ASC 805-50, with about $246 million allocated to mineral assets, largely previously processed tailings.
The company remains a development-stage miner with no 2025 operating revenue and an operating loss of $434,819. Cash was $11,617 at year-end, and auditors highlighted substantial doubt about its ability to continue as a going concern. MineralRite had 6,211,776,842 common shares outstanding and a complex capital structure with significant potential dilution from preferred stock and warrants.
MineralRite Corporation is a Texas-based, development-stage mineral recovery and monetization company focused on previously processed tailings, centered on its Skull Valley tailings project in Arizona. The business remains pre-revenue, reporting no operating revenue and an operating loss of $434,819 for the year ended December 31, 2025. Other non-operating income was $117,500, largely reflecting cleanup of legacy capital structure items rather than ongoing operations.
Total assets were $433,828,780, dominated by mineral assets of $432,011,500 recorded from a December 31, 2024 acquisition of Peeples, Inc. and California Precious Metals LLC, against total liabilities of $5,061,768 and shareholders’ equity of $428,767,012. The independent auditor issued a going concern explanatory paragraph, citing recurring losses and negative operating cash flows. As of December 31, 2025, 6,211,776,842 common shares were outstanding, and the company disclosed 14,019,500,000 common shares potentially issuable under preferred stock, warrants, and contractual rights versus 13,788,223,158 authorized but unissued shares, highlighting significant dilution and share-authorization risk. Management is pursuing additional financing, SEC Form 10 effectiveness, and technical advancement of its projects under Regulation S-K 1300.