Mon, May 12, 2:49 PM (42 days ago)
**Renewable Energy Acquisition Corp. (REAC) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $0 for Q1 2025 and 2024. - **Net Loss:** $11,762,000 for Q1 2025 vs. $1,075,000 for Q1 2024. - **Operating Income/Loss:** $(9,014,000) for Q1 2025 vs. $604,000 for Q1 2024. - **Cash Flow from Operations:** $903,000 for Q1 2025 vs. $10,259,000 for Q1 2024. - **Cash Position:** $5,886,000 as of March 31, 2025 vs. $4,983,000 as of December 31, 2024. - **Working Capital Deficit:** $213,333,000 for Q1 2025 vs. $202,368,000 for Q1 2024. - **Stockholders' Deficit:** $(207,447,000) for Q1 2025 vs. $(195,685,000) for Q1 2024. **Profit Margins & Earnings:** - **Gross Margin:** Not applicable (no revenue). - **Operating Margin:** Not applicable (no revenue). - **Net Margin:** Not applicable (no revenue). - **Earnings per Share (EPS):** $(0.02) for Q1 2025 vs. $(0.002) for Q1 2024. **Trends & Uncertainties:** - REAC continues to operate as a shell company with no operating history or revenue. - The company's financial condition raises substantial doubt about its ability to continue as a going concern. - REAC is dependent on future sales of securities, advances, or loans from significant stockholders for working capital. - The company's ability to implement its business plan and generate sufficient cash flows is uncertain. **Future Operations & Impact:** - REAC plans to seek opportunities in the renewable energy or environmental industries. - The company's success depends on identifying and acquiring a suitable target business. - REAC's ability to raise additional capital and manage its liabilities will significantly impact its future operations. - The company's status as a shell corporation and lack of operating assets present risks and uncertainties.