Rain Enhancement Technologies Holdco (RAIN)


Market Price (9/10/2026): $0.737 | Market Cap: $6.0 MilSector: Industrials | Industry: Environmental & Facilities Services

Rain Enhancement Technologies Holdco (RAIN)


Market Price (9/10/2026): $0.737
Market Cap: $6.0 Mil
Sector: Industrials
Industry: Environmental & Facilities Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71%

Megatrend and thematic drivers
Megatrends include Climate Adaptation & Resilience. Themes include Atmospheric Water Management, and Water Security Solutions.

Weak multi-year price returns
2Y Excs Rtn is -129%, 3Y Excs Rtn is -159%

Penny stock
Mkt Price is 0.7

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -101874%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 155%

Expensive valuation multiples
P/SPrice/Sales ratio is 549x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 31721%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -32967%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -36629%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -209%

High stock price volatility
Vol 12M is 130%

0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -71%
1 Megatrend and thematic drivers
Megatrends include Climate Adaptation & Resilience. Themes include Atmospheric Water Management, and Water Security Solutions.
2 Weak multi-year price returns
2Y Excs Rtn is -129%, 3Y Excs Rtn is -159%
3 Penny stock
Mkt Price is 0.7
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -11 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -101874%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 155%
6 Expensive valuation multiples
P/SPrice/Sales ratio is 549x
7 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 31721%
8 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -32967%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -36629%
9 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -209%
10 High stock price volatility
Vol 12M is 130%

RAIN in ETFs

Weight = RAIN's share of each fund

VTI0.00%
RYLD0.00%

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 9/9/2026

Rain Enhancement Technologies Holdco (RAIN) stock has lost about 70% since 5/31/2026 because of the following key factors:

1. Rain Enhancement Technologies Holdco (RAIN) reported a significant increase in net losses and a persistent lack of revenue from its core technology in fiscal Q2 2026, which ended June 30, 2026. The net loss widened substantially to USD 3.25 million for fiscal Q2 2026, compared to a net loss of USD 0.95 million in the same period a year prior. For the six months ended June 30, 2026, the net loss reached USD 5.11 million, up from USD 2.44 million in the prior year. Revenue for fiscal Q2 2026 was exceptionally low at USD 10,500, generated solely from an incidental service agreement, with no revenue derived from the company's core Atmospheric Enhancement by Ionization (AEI) technology, indicating a fundamental challenge in commercialization.

2. The company faces severe financial instability and has expressed substantial doubt about its ability to continue as a going concern. As of June 30, 2026, Rain Enhancement Technologies Holdco reported only approximately USD 33,000 in cash and a working capital deficit of about USD 13.1 million. Total liabilities amounted to USD 14.6 million against assets of USD 2.4 million, resulting in a stockholders' deficit of USD 12.2 million. These conditions led management to conclude there is "substantial doubt about its ability to continue as a going concern."

Show more
Updated on 9/9/2026

Rain Enhancement Technologies Holdco (RAIN) stock has lost about 70% since 5/31/2026 because of the following key factors:

1. Rain Enhancement Technologies Holdco (RAIN) reported a significant increase in net losses and a persistent lack of revenue from its core technology in fiscal Q2 2026, which ended June 30, 2026. The net loss widened substantially to USD 3.25 million for fiscal Q2 2026, compared to a net loss of USD 0.95 million in the same period a year prior. For the six months ended June 30, 2026, the net loss reached USD 5.11 million, up from USD 2.44 million in the prior year. Revenue for fiscal Q2 2026 was exceptionally low at USD 10,500, generated solely from an incidental service agreement, with no revenue derived from the company's core Atmospheric Enhancement by Ionization (AEI) technology, indicating a fundamental challenge in commercialization.

2. The company faces severe financial instability and has expressed substantial doubt about its ability to continue as a going concern. As of June 30, 2026, Rain Enhancement Technologies Holdco reported only approximately USD 33,000 in cash and a working capital deficit of about USD 13.1 million. Total liabilities amounted to USD 14.6 million against assets of USD 2.4 million, resulting in a stockholders' deficit of USD 12.2 million. These conditions led management to conclude there is "substantial doubt about its ability to continue as a going concern."

3. Ongoing Nasdaq delisting risks have further contributed to negative investor sentiment and stock decline. The company received notification from Nasdaq in February 2026 that its market value of listed securities had fallen below the USD 35 million continued listing threshold. While an initial transfer to the Capital Market was granted, the company faced further delisting challenges and awaited a hearing as of August 21, 2026, due to continued non-compliance.

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Stock Movement Drivers

Fundamental Drivers

The -68.8% change in RAIN stock from 5/31/2026 to 9/9/2026 was primarily driven by a -67.9% change in the company's P/S Multiple.
(LTM values as of)53120269092026Change
Stock Price ($)2.270.71-68.8%
Change Contribution By: 
Total Revenues ($ Mil)000.0%
P/S Multiple1,705.2547.5-67.9%
Shares Outstanding (Mil)88-2.8%
Cumulative Contribution-68.8%

LTM = Last Twelve Months as of date shown

Market Drivers

5/31/2026 to 9/9/2026
ReturnCorrelation
RAIN-68.8% 
Market (SPY)0.8%8.5%
Sector (XLI)-0.8%-12.0%

Fundamental Drivers

The -72.4% change in RAIN stock from 2/28/2026 to 9/9/2026 was primarily driven by a null change in the company's P/S Multiple.
(LTM values as of)22820269092026Change
Stock Price ($)2.570.71-72.4%
Change Contribution By: 
Total Revenues ($ Mil)009.2233720368547763E17%
P/S Multiple547.5 
Shares Outstanding (Mil)88-6.5%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

2/28/2026 to 9/9/2026
ReturnCorrelation
RAIN-72.4% 
Market (SPY)11.4%9.7%
Sector (XLI)-2.7%-1.1%

Fundamental Drivers

The -81.6% change in RAIN stock from 8/31/2025 to 9/9/2026 was primarily driven by a null change in the company's P/S Multiple.
(LTM values as of)83120259092026Change
Stock Price ($)3.850.71-81.6%
Change Contribution By: 
Total Revenues ($ Mil)009.2233720368547763E17%
P/S Multiple547.5 
Shares Outstanding (Mil)78-15.4%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

8/31/2025 to 9/9/2026
ReturnCorrelation
RAIN-81.6% 
Market (SPY)19.2%13.4%
Sector (XLI)14.2%3.7%

Fundamental Drivers

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Market Drivers

8/31/2023 to 9/9/2026
ReturnCorrelation
RAIN  
Market (SPY)75.3%6.7%
Sector (XLI)65.3%3.9%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
RAIN Return-----20%-86%-89%
Peers Return37%-15%22%11%9%-4%65%
S&P 500 Return27%-19%24%23%16%12%104%

Monthly Win Rates [3]
RAIN Win Rate----50%22% 
Peers Win Rate65%42%55%55%63%44% 
S&P 500 Win Rate75%42%67%75%67%44% 

Max Drawdowns [4]
RAIN Max Drawdown------86% 
Peers Max Drawdown-17%-36%-21%-18%-26%-30% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: XYL, PNR, WTS, TTEK, LNN.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/9/2026 (YTD)

How Low Can It Go

EventRAINS&P 500
2025 US Tariff Shock
  % Loss-29.2%-18.8%
  % Gain to Breakeven41.2%23.1%
  Time to Breakeven32 days79 days

Compare to XYL, PNR, WTS, TTEK, LNN

In The Past

Rain Enhancement Technologies Holdco's stock fell -29.2% during the 2025 US Tariff Shock. Such a loss loss requires a 41.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventRAINS&P 500
2025 US Tariff Shock
  % Loss-29.2%-18.8%
  % Gain to Breakeven41.2%23.1%
  Time to Breakeven32 days79 days

Compare to XYL, PNR, WTS, TTEK, LNN

In The Past

Rain Enhancement Technologies Holdco's stock fell -29.2% during the 2025 US Tariff Shock. Such a loss loss requires a 41.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Rain Enhancement Technologies Holdco (RAIN)

RAIN operates as a clinical-stage precision oncology company focused on developing innovative therapies to target oncogenic drivers, which are genes that contribute to cancer development. The company's mission is to address significant unmet medical needs in cancer treatment through a targeted approach.

Its primary product candidate is milademetan, a small molecule oral inhibitor designed to block mouse double minute 2 (MDM2), a protein often overactive in various cancers. Milademetan is currently undergoing a Phase 3 clinical trial for liposarcoma, as well as Phase II clinical trials for solid tumors and intimal sarcoma, representing its most advanced therapeutic efforts.

In addition to milademetan, RAIN is also advancing RAD52, another promising candidate in preclinical trials for a range of cancers including breast, ovarian, pancreatic, and prostate. The company primarily serves the oncology market within the United States, aiming to provide precision treatments for patients battling these life-threatening diseases.

AI Analysis | Feedback

It's like an early-stage **Gilead Sciences** or **Vertex Pharmaceuticals**, but solely focused on developing new cancer therapies.

Think of it as a specialized **Amgen** or **Roche** that is still in the process of bringing its first major cancer drugs to market through clinical trials.

AI Analysis | Feedback

  • Milademetan: A small molecule oral inhibitor of mouse double minute 2 (MDM2) that is being developed for various cancers, including liposarcoma, solid tumors, and intimal sarcoma.
  • RAD52: A preclinical-stage drug candidate being investigated for its potential in treating a range of tumors, such as breast, ovarian, pancreatic, and prostate cancers.

AI Analysis | Feedback

Based on the provided background description, Rain Therapeutics Inc. (symbol: RAIN) is a clinical-stage precision oncology company. Its primary focus is on the development of therapies that target oncogenic drivers, such as milademetan and RAD52, which are currently in various phases of clinical trials (Phase 3, Phase II, and preclinical stages).

As a company in the clinical development stage, Rain Therapeutics Inc. does not currently have major customers in the traditional sense, as its product candidates have not yet received regulatory approval for commercial sale. Therefore, it does not sell its therapies to other companies or directly to individuals at this time.

If its product candidates are successfully developed and approved, future 'customers' would likely include healthcare providers, hospitals, and potentially pharmacies, who would then administer or dispense the therapies to patients.

AI Analysis | Feedback

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Randy Seidl
Chief Executive Officer and Director

Randy Seidl serves as the Chief Executive Officer and Director of Rain Oncology Inc..

Oanh Truong
Interim Chief Financial Officer

Oanh Truong is the Interim Chief Financial Officer of Rain Oncology Inc..

Robert C. Doebele M.D., Ph.D.
President, Chief Scientific Officer & Co-Founder

Dr. Robert C. Doebele is a Co-Founder, President, and Chief Scientific Officer of Rain Oncology Inc.. He co-founded Rain Therapeutics Inc. (now Rain Oncology Inc.) in April 2017. Dr. Doebele's expertise in precision oncology is central to shaping the company's corporate strategy and advancing its clinical pipeline and research and development efforts.

Richard P. Bryce MBChB, MFPM, MRCGP
Executive VP & Chief Medical Officer

Dr. Richard P. Bryce serves as the Executive Vice President and Chief Medical Officer. He joined Rain with over 30 years of experience in oncology, clinical research, and biopharmaceutical roles. Previously, he was Chief Medical and Scientific Officer at Puma Biotechnology, where he led the development of neratinib through FDA approval for breast cancer. His prior experience also includes senior medical director roles at Onyx Pharmaceuticals and various clinical and medical leadership positions at ICON Clinical Research, Ergomed Clinical Research, F. Hoffmann-La Roche, ILEX Oncology, Scotia Pharmaceuticals, and Servier Laboratories.

Vijaya Tirunagaru Ph.D.
Senior VP & Head of Research

Dr. Vijaya Tirunagaru is the Senior Vice President and Head of Research for Rain Oncology Inc.. She has contributed to the presentation of preclinical data for milademetan in MDM2-amplified tumors.

AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

Rain Therapeutics Inc., a clinical-stage precision oncology company, focuses on developing therapies for various cancers. The addressable markets for its main products and services are detailed below:

Milademetan (MDM2 Inhibitor)

  • Liposarcoma: Approximately 1,000 new cases of dedifferentiated liposarcoma (DDLPS) are estimated to occur in the U.S. annually. The global sarcoma drugs market, which includes liposarcoma, was valued at USD 2.1 billion in 2025 and is projected to reach USD 4.6 billion by 2035.
  • Intimal Sarcoma: While specific market size data for intimal sarcoma is not readily available, it falls under the broader category of sarcomas. The global sarcoma drugs market was valued at USD 2.1 billion in 2025 and is predicted to reach USD 4.6 billion by 2035.
  • Solid Tumors: Milademetan is also in Phase II clinical trials for solid tumors. Although there are currently no FDA-approved MDM2 inhibitors on the market, various MDM2 inhibitors are under investigation for their efficacy in solid tumors. The global protein inhibitors market, which may include MDM2 inhibitors, is estimated at USD 50 billion in 2025 and is projected to reach approximately USD 95 billion by 2033. The global cell cycle inhibitors market, which involves MDM2, was valued at USD 9.84 billion in 2024 and is projected to reach USD 21.71 billion by 2032.

RAD52 (DNA Repair Pathway Target)

  • Global DNA Repair Drugs Market: The global DNA repair drugs market is projected to grow from USD 5.6 billion in 2024 to USD 10.7 billion by 2030.
  • Breast Cancer: The global breast cancer therapeutics market was estimated at USD 31.5 billion in 2024 and is expected to grow to USD 71.3 billion by 2034. The U.S. breast cancer therapeutics market accounted for USD 11.9 billion in 2024.
  • Ovarian Cancer: The global ovarian cancer drugs market size was valued at USD 3.5 billion in 2023 and is expected to reach USD 6.1 billion by 2032. The U.S. ovarian cancer drugs market size is estimated at USD 1.30 billion in 2025 and is projected to be around USD 2.57 billion by 2035.
  • Pancreatic Cancer: The global pancreatic cancer treatment market was valued at USD 3 billion in 2023 and is anticipated to witness growth at a CAGR of 13.2% over the analysis period. Another estimate projects the global market size at USD 4.3 billion in 2026, reaching USD 12.6 billion by 2033, with North America expected to account for 38% of this market.
  • Prostate Cancer: The global prostate cancer therapeutics market was valued at USD 12.6 billion in 2024 and is projected to reach USD 29.9 billion by 2034. North America accounted for 39.2% of the global market in 2024. The U.S. market was valued at USD 3.7 billion in 2021.

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Share Issuance

  • Rain Enhancement Technologies Holdco's shares outstanding were tracked from 2022 to 2025.
  • As of March 13, 2026, the company had approximately 8.18 million total shares outstanding.
  • As of September 30, 2025, Rain Enhancement Technologies Holdco had 8.19 million shares outstanding.

Capital Expenditures

  • Rain Enhancement Technologies Holdco allocates capital towards developing, manufacturing, and commercializing its ionization rainfall generation technology.
  • The focus of these expenditures includes improvements on existing rainfall generation technologies by introducing robust measurement tools, such as software monitoring technology, machine learning, rain gauges, and weather stations.
  • A core area of investment is ionization-based cloud seeding technology to address global water scarcity.

Peer Outperformance in Environmental & Facilities Services

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Share of Environmental & Facilities Services constituents that RAIN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
3%
of 34 industry peers · -87.0% return
3Y
insufficient peer history
5Y
insufficient peer history
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Median price return by industry across the Industrials sector, ranked by 5Y. Environmental & Facilities Services is RAIN's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Construction & Engineering 31 9.5%107.0%192.2% CDNL 2559% · FIX 2199% · STRL 2166%
Marine Transportation 5 69.9%64.6%169.5% HOS 47900% · MATX 179% · KEX 170%
Construction Machinery & Heavy Transportation Equipment 13 13.6%61.0%119.0% CAT 334% · ALSN 283% · WAB 223%
Aerospace & Defense 55 -1.8%57.9%72.0% ATI 1092% · FTAI 919% · HWM 656%
Passenger Ground Transportation 3 -19.0%37.7%61.1% UBER 78% · CAR 61% · LYFT -70%
Rail Transportation 7 33.8%68.4%45.3% FSTR 143% · CSX 67% · UNP 53%
Industrial Machinery & Supplies & Components 71 8.6%47.5%41.3% CRS 1436% · PSIX 993% · EROC 628%
Trading Companies & Distributors 19 4.8%36.0%38.5% DXPE 576% · AIT 294% · WCC 225%
Cargo Ground Transportation 16 39.5%4.9%34.4% XPO 260% · R 254% · CVLG 233%
Diversified Support Services 33 9.7%27.9%28.7% LIME 3864% · TH 397% · WLFC 376%
Electrical Components & Equipment 41 18.6%53.6%20.0% POWL 2242% · BE 1273% · VRT 977%
Building Products 33 -9.9%1.2%14.8% LMB 587% · GFF 409% · PPIH 300%
Agricultural & Farm Machinery 17 18.8%3.8%-4.3% BLBD 225% · DE 99% · GENC 64%
Industrial Conglomerates 17 9.4%12.2%-4.8% RCMT 567% · CSW 134% · CSL 79%
Environmental & Facilities Services ← 29 -9.3%26.0%-6.0% CECO 1038% · ADUR 398% · NVRI 373%
Research & Consulting Services 13 -9.8%-22.9%-10.4% HURN 205% · CRAI 94% · GRNQ 85%
Data Processing & Outsourced Services 6 -33.1%-15.1%-26.2% EXLS 43% · BR 9% · G -26%
Passenger Airlines 11 1.4%-2.1%-28.0% LTM 3349% · UAL 142% · SKYW 122%
Office Services & Supplies 9 10.8%27.7%-30.6% PBI 199% · TILE 147% · HNI 56%
Air Freight & Logistics 12 -9.2%-24.0%-39.3% CHRW 92% · FDX 65% · EXPD 59%
Security & Alarm Services 10 -35.5%4.8%-39.4% CIX 142% · MG 118% · NL 65%
Human Resource & Employment Services 21 1.3%-22.7%-41.6% BBSI 80% · ADP 47% · KFY 23%
Airport Services 3 -69.4%-78.8%-57.5% JOBY -31% · ASLE -57% · UP -100%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

RAINXYLPNRWTSTTEKLNNMedian
NameRain Enh.Xylem Pentair Watts Wa.Tetra Te.Lindsay  
Mkt Price0.71107.6457.52356.2935.51120.8782.58
Mkt Cap0.025.49.211.99.21.39.2
Rev LTM09,1264,0122,6775,0696373,345
Op Inc LTM-111,41986252159468558
FCF LTM-496067334954772448
FCF 3Y Avg-91071532444885448
CFO LTM-31,301752398567123483
CFO 3Y Avg-1,243789365468121468

Growth & Margins

RAINXYLPNRWTSTTEKLNNMedian
NameRain Enh.Xylem Pentair Watts Wa.Tetra Te.Lindsay  
Rev Chg LTM-4.5%-2.1%17.1%-7.6%-1.7%-1.7%
Rev Chg 3Y Avg-15.7%-1.3%10.5%7.5%-5.0%7.5%
Rev Chg Q-1.5%-17.0%18.6%-4.5%-15.7%-4.5%
QoQ Delta Rev Chg LTM0.0%0.4%-4.5%4.7%-1.2%-4.4%-0.6%
Op Inc Chg LTM-62.6%22.4%0.7%20.7%1.7%-21.6%1.2%
Op Inc Chg 3Y Avg-28.5%10.0%15.1%16.6%-15.9%15.1%
Op Mgn LTM-101,873.8%15.5%21.5%19.5%11.7%10.6%13.6%
Op Mgn 3Y Avg-13.3%20.2%18.5%10.7%12.8%13.3%
QoQ Delta Op Mgn LTM-18,894.0%0.7%-0.2%-0.1%0.0%-2.4%-0.2%
CFO/Rev LTM-32,966.5%14.3%18.7%14.9%11.2%19.3%14.6%
CFO/Rev 3Y Avg-14.2%19.4%15.3%9.0%18.9%15.3%
FCF/Rev LTM-36,629.2%10.5%16.8%13.1%10.8%11.3%11.1%
FCF/Rev 3Y Avg-10.4%17.6%13.6%8.6%13.2%13.2%

Valuation

RAINXYLPNRWTSTTEKLNNMedian
NameRain Enh.Xylem Pentair Watts Wa.Tetra Te.Lindsay  
Mkt Cap0.025.49.211.99.21.39.2
P/S548.52.82.34.51.82.02.5
P/Op Inc-0.517.910.722.915.418.616.7
P/EBIT-0.519.611.423.014.517.415.9
P/E-0.525.014.231.121.021.421.2
P/CFO-1.719.612.330.016.210.314.2
Total Yield-204.2%5.6%8.9%3.8%5.5%5.9%5.5%
Dividend Yield0.0%1.6%1.8%0.6%0.8%1.2%1.0%
FCF Yield 3Y Avg-3.0%5.1%3.8%5.1%6.0%5.1%
D/E1.60.10.20.00.10.10.1
Net D/E1.60.10.2-0.00.1-0.00.1

Returns

RAINXYLPNRWTSTTEKLNNMedian
NameRain Enh.Xylem Pentair Watts Wa.Tetra Te.Lindsay  
1M Rtn-39.9%-10.8%-13.8%-7.1%1.5%5.3%-9.0%
3M Rtn-64.7%0.9%-19.1%13.9%31.1%7.6%4.2%
6M Rtn-76.5%-11.3%-36.2%16.1%5.6%-2.9%-7.1%
12M Rtn-87.0%-20.6%-46.6%30.0%2.0%-11.3%-16.0%
3Y Rtn-90.3%17.3%-12.5%102.3%16.6%3.8%10.2%
1M Excs Rtn-38.4%-9.3%-12.3%-5.6%3.1%6.8%-7.5%
3M Excs Rtn-69.5%-5.9%-25.9%8.2%23.7%2.5%-1.7%
6M Excs Rtn-87.3%-24.2%-48.3%4.1%-6.3%-17.4%-20.8%
12M Excs Rtn-106.0%-39.6%-65.0%8.9%-17.3%-30.4%-35.0%
3Y Excs Rtn-159.4%-60.2%-85.2%24.4%-55.0%-70.4%-65.3%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2023
Business of developing, manufacturing and commercializing ionization AEI technology0
Total0


Operating Income by Segment
$ Mil20252024
Business of developing, manufacturing and commercializing ionization AEI technology-8-5
Total-8-5


Net Income by Segment
$ Mil20252024
Business of developing, manufacturing and commercializing ionization AEI technology-9-5
Total-9-5


Assets by Segment
$ Mil2023
Business of developing, manufacturing and commercializing ionization AEI technology1
Total1


Price Behavior

Price Behavior
Market Price$0.71 
Market Cap ($ Bil)0.0 
First Trading Date04/23/2021 
Distance from 52W High-91.3% 
   50 Days200 Days
DMA Price$1.49$3.13
DMA Trenddowndown
Distance from DMA-52.4%-77.4%
 3M1YR
Volatility142.0%130.1%
Downside Capture362.93355.16
Upside Capture-198.5449.16
Correlation (SPY)7.8%13.2%
RAIN Betas & Captures as of 8/31/2026

 1M2M3M6M1Y3Y
Beta-3.310.100.730.891.310.24
Up Beta-9.22-1.772.47-0.16-0.05-0.03
Down Beta6.297.74-0.18-0.260.660.12
Up Capture-411%-310%-140%16%74%-2%
Bmk +ve Days10213268138427
Stock +ve Days6132046101170
Down Capture379%216%226%221%180%94%
Bmk -ve Days11213259113324
Stock -ve Days14274175143231

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RAIN
RAIN-88.5%130.2%-1.04-
Sector ETF (XLI)14.8%17.2%0.644.3%
Equity (SPY)18.6%12.8%1.0613.7%
Gold (GLD)20.6%29.2%0.646.4%
Commodities (DBC)46.3%20.4%1.76-5.9%
Real Estate (VNQ)7.3%13.6%0.2712.4%
Bitcoin (BTCUSD)-29.8%43.8%-0.685.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RAIN
RAIN-38.6%131.8%-0.50-
Sector ETF (XLI)12.1%17.6%0.524.3%
Equity (SPY)12.5%17.2%0.557.1%
Gold (GLD)18.9%18.8%0.824.1%
Commodities (DBC)11.1%19.5%0.44-3.9%
Real Estate (VNQ)1.2%18.9%-0.047.2%
Bitcoin (BTCUSD)10.8%52.6%0.398.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with RAIN
RAIN-21.6%131.8%-0.50-
Sector ETF (XLI)13.2%20.1%0.584.3%
Equity (SPY)15.1%17.9%0.727.1%
Gold (GLD)12.3%16.3%0.624.1%
Commodities (DBC)8.1%18.1%0.37-3.9%
Real Estate (VNQ)4.7%20.7%0.197.2%
Bitcoin (BTCUSD)63.6%66.2%1.038.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date8142026
Short Interest: Shares Quantity0.0 Mil
Short Interest: % Change Since 731202632.4%
Average Daily Volume3.0 Mil
Days-to-Cover Short Interest1
Basic Shares Quantity8.1 Mil
Short % of Basic Shares0.3%

Earnings Returns History

Updated 6/2/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
SUMMARY STATS   
# Positive000
# Negative000
Median Positive   
Median Negative   
Max Positive   
Max Negative   

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202608/14/202610-Q
03/31/202605/15/202610-Q
12/31/202504/15/202610-K
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/15/202510-Q
12/31/202404/16/202510-K
09/30/202412/10/2024424B3
Collapse to Preview
Report DateFiling DateFiling
06/30/202608/14/202610-Q
03/31/202605/15/202610-Q
12/31/202504/15/202610-K
09/30/202511/13/202510-Q
06/30/202508/14/202510-Q
03/31/202505/15/202510-Q
12/31/202404/16/202510-K
09/30/202412/10/2024424B3

Insider Activity

Updated 8/20/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Seidl, RandyChief Executive OfficerDirectBuy82020260.95110,000104,225715,205Form
2Seidl, RandyChief Executive OfficerDirectBuy52220262.584,00010,3201,663,672Form
3Seidl, RandyChief Executive OfficerDirectBuy52220262.5330,00075,9001,621,310Form
4Seidl, RandyChief Executive OfficerDirectBuy52220261.738,51414,7291,056,743Form
5Dickerson, Lyman BDirectSell91720255.784,78727,66959,228Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Seidl, RandyChief Executive OfficerDirectBuy82020260.95110,000104,225715,205Form
2Seidl, RandyChief Executive OfficerDirectBuy52220262.584,00010,3201,663,672Form
3Seidl, RandyChief Executive OfficerDirectBuy52220262.5330,00075,9001,621,310Form
4Seidl, RandyChief Executive OfficerDirectBuy52220261.738,51414,7291,056,743Form
5Dickerson, Lyman BDirectSell91720255.784,78727,66959,228Form
6Dickerson, Lyman BDirectSell91720255.803982,30887,197Form
7Dickerson, Lyman BDirectSell91720255.552151,19385,648Form
8Dickerson, Lyman BDirectSell91720255.241,91710,04581,990Form
Core Cache Last Updated: 9/9/2026