Every 10-Q that MINERALRITE CORP (RITE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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 remained pre-revenue in Q2 2026, reporting a net loss of $206,878 for the quarter and $353,773 year-to-date, both larger than the prior-year periods. Expenses rose mainly from legal and professional services, project development, and office and insurance costs.
Total assets were $247.7 million, driven by about $246.0 million of mineral assets from the Peeples tailings acquisition, against total liabilities of $5.1 million. Cash was only $9,580, and management states current cash will not fund 12 months of operations, resulting in an explicit going concern warning and reliance on new capital.
The capital structure is highly dilutive: 6.25 billion common shares outstanding and instruments that could add roughly 14.16 billion more shares on full conversion or exercise, exceeding authorized common stock. Management is seeking shareholder approval to increase authorized capital. A material weakness persists in internal controls over non-routine, complex accounting transactions as the company refines accounting for mineral asset acquisitions.
MineralRite Corporation filed an amended quarterly report to restate its March 31, 2026 financial statements after changing the accounting for its acquisition of Peeples, Inc. from a business combination to an asset acquisition. This reduced recorded mineral assets by $186,000,000 and lowered additional paid‑in capital and total shareholders’ equity by the same amount, with total equity now reported at $242,704,372.
The company generated no revenue in the quarter and reported a net loss of $146,895, or a basic and diluted loss per share of $(0.000024). Cash was only $22,397 at March 31, 2026, and management states there is substantial doubt about the company’s ability to continue as a going concern without new funding. Liquidity has been supported mainly by issuing Series C Convertible Preferred Stock and small debt lines, while large mineral assets remain non‑producing and carried at accounting fair value rather than SEC‑compliant reserves.
MineralRite Corporation reported another loss-making quarter with no revenue in Q1 2026. The company generated no operating revenue and recorded a net loss of about $146,895, wider than the roughly $81,688 loss a year earlier. Basic and diluted loss per share were $(0.000024) versus $(0.000019) in the prior-year quarter.
Total assets were about $433.8 million, driven largely by mineral assets and previously processed mine tailings valued around $432 million. Cash rose to roughly $22,397 from $11,617 at year-end, helped by financing activities, including preferred stock issuance and new lines of credit, while total liabilities remained low at about $5.1 million.
MineralRite remains in a development stage with 6,229,776,842 common shares outstanding and no current production. Management disclosed substantial doubt about the company’s ability to continue as a going concern due to ongoing losses and limited cash. The company is pursuing equity financing, strategic partnerships and potential environmental-credit opportunities, but outcomes are uncertain. It is also re-evaluating its accounting for the Peeples acquisition following SEC staff comments, which may change how acquired assets are presented in future filings.
MineralRite Corporation (RITE) reported Q3 2025 results showing no operating revenue and net income of $24,588, driven by non‑operating items including a gain on extinguishment of legacy debt. Year‑to‑date, the company recorded a net loss of $125,548.
On the balance sheet, cash was $13,475, current liabilities were $5,019,207, and stockholders’ equity totaled $427,275,682. Assets include $432,019,558 assigned to previously processed mine tailings from the Peeples acquisition; management notes this value reflects market and income approaches rather than mineral reserve estimates. The company reported 4,554,776,842 common shares outstanding as of September 30, 2025. Basic EPS for the quarter was $0.000005.
Management disclosed “substantial doubt” about the company’s ability to continue as a going concern due to ongoing operating losses, minimal cash, and the absence of revenue. The company continued to work toward SEC no‑comment status on its Form 10, FINRA quoting restoration, and agreements tied to its mineral projects while raising modest capital through preferred stock and option/warrant proceeds.