reAlpha Tech Corp. Files 10-Q/A with Acquisition Updates
Ticker: AIRE · Form: 10-Q/A · Filed: Aug 15, 2025 · CIK: 1859199
Sentiment: neutral
Topics: acquisition, subsequent-event, 10-Q/A
TL;DR
reAlpha 10-Q/A: Rhove & GTG Financial acquisitions moving forward. Contingent consideration noted.
AI Summary
reAlpha Tech Corp. filed a 10-Q/A on August 15, 2025, for the period ending June 30, 2025. The filing details several subsequent events, including the acquisition of Rhove Acquisition and an acquisition agreement with GTG Financial Inc. The company also reported on contingent consideration related to reAlpha Mortgage.
Why It Matters
This filing provides crucial updates on reAlpha Tech Corp.'s strategic acquisitions, including the Rhove Acquisition and GTG Financial Inc. agreement, which could significantly impact its future growth and market position.
Risk Assessment
Risk Level: medium — The filing details significant acquisition activity and contingent liabilities, which introduce financial and operational risks.
Key Numbers
- 20250630 — Reporting Period End Date (The filing covers the second quarter of 2025.)
- 20250815 — Filing Date (The amended 10-Q was filed on this date.)
Key Players & Entities
- reAlpha Tech Corp. (company) — Filer
- Rhove Acquisition (company) — Acquisition
- GTG Financial Inc. (company) — Acquisition Agreement
- reAlpha Mortgage (company) — Contingent Consideration
FAQ
What is the nature of the Rhove Acquisition mentioned in the filing?
The filing indicates that the Rhove Acquisition is a Disposal Group Not Discontinued Operations Member, with data points for June 30, 2025, and December 31, 2024.
What are the key dates related to the GTG Financial Inc. acquisition agreement?
The acquisition agreement with GTG Financial Inc. has associated dates of February 20, 2025, and June 30, 2025, and pertains to the period of January 1, 2025, to June 30, 2025.
What does 'ContingentconsiderationNonCurrentRealphaMortgageMember' refer to?
This refers to contingent consideration that is non-current and related to reAlpha Mortgage, with data points for the period of January 1, 2025, to June 30, 2025.
When was reAlpha Tech Corp. formerly known as ReAlpha Asset Management Inc?
The company's name changed from ReAlpha Asset Management Inc. to reAlpha Tech Corp. on April 27, 2021.
What is the filing type and period of report for this document?
The filing type is 10-Q/A (Amended Quarterly Report) and the Conformed Period of Report is June 30, 2025.
Filing Stats: 4,437 words · 18 min read · ~15 pages · Grade level 15.9 · Accepted 2025-08-15 17:01:04
Key Financial Figures
- $0 — 5,039 shares of common stock, par value $0.001, issued and outstanding. EXPLANATO
- $4,829,411 — operating expenses" by changing it from $4,829,411 to $4,710,595, and (iii) the amount ref
- $4,710,595 — nses" by changing it from $4,829,411 to $4,710,595, and (iii) the amount reflected in the
Filing Documents
- aire_10qa.htm (10-Q/A) — 1088KB
- aire_ex311.htm (EX-31.1) — 10KB
- aire_ex312.htm (EX-31.2) — 9KB
- aire_ex321.htm (EX-32.1) — 6KB
- 0002008589-25-000033.txt ( ) — 6297KB
- aire-20250630.xsd (EX-101.SCH) — 69KB
- aire-20250630_lab.xml (EX-101.LAB) — 413KB
- aire-20250630_cal.xml (EX-101.CAL) — 77KB
- aire-20250630_pre.xml (EX-101.PRE) — 354KB
- aire-20250630_def.xml (EX-101.DEF) — 212KB
- aire_10qa_htm.xml (XML) — 954KB
Financial Statements
Financial Statements 1 Condensed Consolidated Balance Sheet as of June 30, 2025 (Unaudited) and December 31, 2024 1 Condensed Consolidated Statements of Operations and Comprehensive Loss for the Three and Six Months Ended June 30, 2025 and 2024 (Unaudited) 2 Condensed Consolidated Statements of Stockholders' (Deficit) Equity for the Three Months and Six Months Ended June 30, 2025 and 2024 (Unaudited) 3 Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2025 and 2024 (Unaudited) 5 Notes to Condensed Consolidated Financial Statements (Unaudited) 6 Item 6. Exhibits 24
SIGNATURES
SIGNATURES 25 i Table of Contents
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS reAlpha Tech Corp. and Subsidiaries Condensed Consolidated Balance Sheet June 30, 2025 (Unaudited) and December 31, 2024 June 30, 2025 December 31, 2024 ASSETS Current Assets Cash $ 587,311 $ 3,123,530 Accounts receivable, net 197,158 182,425 Receivable from related parties 2,259 12,873 Prepaid expenses 3,849,221 180,158 Current assets of discontinued operations 53,476 56,931 Other current assets 372,182 487,181 Total current assets $ 5,061,607 $ 4,043,098 Property and Equipment, at cost Property and equipment, net 51,328 102,638 Other Assets Investments 212,602 215,000 Other long term assets 848,000 31,250 Intangible assets, net 3,172,083 3,285,406 Goodwill 6,171,918 4,211,166 Capitalized software development - work in progress — 105,900 TOTAL ASSETS $ 15,517,538 $ 11,994,458 LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) Current Liabilities Accounts payable $ 1,184,106 $ 655,765 Related party payables 5,724 9,287 Short term loans - related parties -current portion 258,239 261,986 Short term loans - unrelated parties -current portion 324,656 519,153 Note payable, current-net of discount 3,741,878 — Accrued expenses 1,057,665 1,164,813 Deferred liabilities, current portion 2,916,219 1,534,433 Total current liabilities $ 9,488,487 $ 4,145,437 Long-Term Liabilities Embedded derivative liability 4,745,634 — Preferred stock liability 249,458 — Other long term loans - related parties - net of current portion 22,514 45,052 Other long term loans - unrelated parties - net of current portion 152,925 241,121 Note payable, net of discount — 4,909,376 Other long term liabilities 1,959,000 1,086,000 Total liabilities $ 16,618,018 $ 10,426,986 Stockholders' Equity (Deficit) Preferred stock ($ 0.001 par value; 5,000,000 shares authorized) 1,000,000 shares designated as Series A C