Red Cat Holdings Q1 2025: Assets $12.4M, Liabilities $2.3M

TL;DR

**RCAT Q1 2025: Assets $12.4M, Liabilities $2.3M, Revenue $46K. Cash burn continues.**

AI Summary

Red Cat Holdings, Inc. filed its 10-Q for the period ending July 31, 2024. The company reported total assets of $12,416,376 and total liabilities of $2,348,412 as of July 31, 2024. For the three months ended July 31, 2024, the company had revenues of $46,210.

Why It Matters

This filing provides a snapshot of Red Cat Holdings' financial health, detailing its assets, liabilities, and revenue for the first quarter of fiscal year 2025.

Risk Assessment

Risk Level: medium — The company's revenue is very low relative to its assets and liabilities, suggesting potential financial challenges.

Key Numbers

• $12.4M — Total Assets (As of July 31, 2024)
• $2.3M — Total Liabilities (As of July 31, 2024)
• $46.2K — Revenues (For the three months ended July 31, 2024)

Key Players & Entities

• Red Cat Holdings, Inc. (company) — Filer of the 10-Q
• 20240731 (date) — End of reporting period
• $12,416,376 (dollar_amount) — Total assets as of July 31, 2024
• $2,348,412 (dollar_amount) — Total liabilities as of July 31, 2024
• $46,210 (dollar_amount) — Revenues for the three months ended July 31, 2024

FAQ

Key Financial Figures

• $0.001 — ch registered Common stock, par value $0.001 RCAT The Nasdaq Stock Market LLC

Filing Documents

• rcat0923form10q.htm (10-Q) — 931KB
• rcat0923form10qexh10_7.htm (EX-10.7) — 198KB
• rcat0923form10qexh10_8.htm (EX-10.8) — 129KB
• rcat0923form10qexh10_9.htm (EX-10.9) — 71KB
• rcat0923form10qexh10_10.htm (EX-10.10) — 79KB
• rcat0923form10qexh31_1.htm (EX-31.1) — 9KB
• rcat0923form10qexh31_2.htm (EX-31.2) — 9KB
• rcat0923form10qexh32_1.htm (EX-32.1) — 4KB
• rcat0923form10qexh32_2.htm (EX-32.2) — 4KB
• 0001554795-24-000238.txt ( ) — 6075KB
• rcat-20240731.xsd (EX-101.SCH) — 67KB
• rcat-20240731_cal.xml (EX-101.CAL) — 64KB
• rcat-20240731_def.xml (EX-101.DEF) — 129KB
• rcat-20240731_lab.xml (EX-101.LAB) — 343KB
• rcat-20240731_pre.xml (EX-101.PRE) — 284KB
• rcat0923form10q_htm.xml (XML) — 869KB

SIGNATURES

SIGNATURES 28 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INDUSTRY DATA This Quarterly Report on Form 10-Q contains certain forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Any statements in this Quarterly Report on Form 10-Q about our expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements. These statements are often, but not always, made through the use of words or phrases such as "may," "should," "believes," "will," "expects," "anticipates," "estimates," "predicts," "potential," "continues," "intends," "plans" and "would" or the negative of these terms or other comparable terminology. For example, statements concerning financial condition, possible or assumed future results of operations, growth opportunities, and plans are all forward-looking statements. Our forward-looking statements are based on a series of expectations, assumptions, estimates and projections about our company, are not guarantees of future results or performance and involve substantial risks and uncertainty. They involve known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to differ materially from any results, levels of activity, performance or achievements expressed or implied by any forward-looking and our forward-looking statements involve substantial known and unknown risks and uncertainties, including the risks and uncertainties inherent in our statements regarding: the market and sales success of our existing and any new products; our ability to raise capital when

View Full Filing

View this 10-Q filing on SEC EDGAR