RITE · MINERALRITE Corp · Financials
Substantial doubt about the company's ability to continue as a going concern.
“The Company has incurred operating losses since inception and currently does not generate sufficient revenue to sustain operations without external funding. As of the date of this report, the Company's available cash is not sufficient to meet its projected working capital needs for the next twelve months. These factors raise substantial doubt about the Company's ability to continue as a going concern. ... Management believes that its plans, if successfully implemented, may mitigate the conditions that raise substantial doubt about the Company's ability to continue as a going concern; however, there can be no assurance that such plans will be successful. As a result, substantial doubt about the Company's ability to continue as a going concern has not been alleviated as of the date of these financial statements.”View the 10-Q filed Aug 7, 2026
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|
| — | — | $5000 | $397.2K | — | — | — | |
| $230.53K | — | — | $358.29K | — | — | — | |
| — | — | $5000 | $38.91K | — | — | — | |
| — | — | 100% | 9.8% | — | — | — | |
| — | $8058 | $10.24K | — | — | — | — | |
| $1.62M | — | — | $1.29M | $43.8K | -$24.86K | $17.23K | |
| — | — | $121.65K | — | — | — | — | |
| $598.09K | $434.82K | $371.62K | $1.59M | $312.99K | -$817.36K | — | |
| $941.81K | — | — | — | — | $817.36K | $661.15K | |
| -$598.09K | -$434.82K | -$366.62K | -$1.55M | -$312.99K | -$292.53K | -$212.58K | |
| — | — | -7332.32% | -391.08% | — | — | — | |
| — | — | -$244.97K | — | — | — | — | |
| $730.87K | — | — | $182.09K | $28.52K | $46.88K | -$40.58K | |
| — | — | — | -$1.1M | -$28.12K | -$46.88K | -$40.58K | |
| -$495.16K | -$291.52K | $396.76K | -$2.94M | -$369.63K | — | — | |
| -$495.16K | -$291.52K | $396.76K | -$3.53M | -$454.01K | -$339.41K | -$253.17K | |
| — | — | 7935.24% | -888.67% | — | — | — | |
| — | -$291.52K | $386.26K | — | — | — | — | |
| — | — | — | -$572 | $12.24K | — | — | |
| USD/shares | -$0.00 | -$0.00 | $0.00 | — | — | — | — |
| USD/shares | -$0.00 | -$0.00 | $0.00 | — | — | — | — |
| shares | — | 4.84B | 4.35B | — | 7.77M | 1.04M | — |
| shares | — | 4.84B | 5.95B | — | — | — | — |
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Notes payable, including current maturities | 2026-06-30 | USD 41,920 | 10-Q filed 2026-08-07 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.