Red Cat Holdings, Inc.: 10-Q filed 2025-11-13
What Red Cat Holdings, Inc. reported in its quarterly report filed 2025-11-13 (fiscal Q3 2025): 48 published measures, 134 facts as tagged in accession 0000748268-25-000010.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2025-11-13
- Fiscal period
- fiscal Q3 2025
- Accession
- 0000748268-25-000010 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Red Cat Holdings, Inc. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 286,024,366 | USD | |
| At 2024-12-31 | 55,604,267 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 32,750,497 | USD | |
| At 2024-12-31 | 5,484,714 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 253,273,869 | USD | |
| At 2025-06-30 | 95,565,122 | USD | |
| At 2025-03-31 | 28,911,248 | USD | |
| At 2024-12-31 | 50,119,553 | USD | |
| At 2024-09-30 | 33,849,910 | USD | |
| At 2024-06-30 | 38,418,898 | USD | |
| At 2024-03-31 | 45,783,990 | USD | |
| At 2023-12-31 | 51,769,087 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | -16,016,448 | USD | 92 |
| 2025-01-01 to 2025-09-30 | -52,418,759 | USD | 273 |
| 2025-04-01 to 2025-06-30 | -13,278,960 | USD | 91 |
| 2025-01-01 to 2025-03-31 | -23,123,351 | USD | 90 |
| 2024-07-01 to 2024-09-30 | -12,433,718 | USD | 92 |
| 2024-01-01 to 2024-09-30 | -27,374,817 | USD | 274 |
| 2024-04-01 to 2024-06-30 | -8,160,019 | USD | 91 |
| 2024-01-01 to 2024-03-31 | -6,781,080 | USD | 91 |
Contract revenue excluding tax
Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 9,646,392 | USD | 92 |
| 2025-01-01 to 2025-09-30 | 14,494,631 | USD | 273 |
| 2024-07-01 to 2024-09-30 | 1,292,447 | USD | 92 |
| 2024-01-01 to 2024-09-30 | 14,326,145 | USD | 274 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | -177,163,462 | USD | |
| At 2024-12-31 | -124,744,703 | USD |
Basic weighted-average shares
Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 99,581,172 | shares | 92 |
| 2025-01-01 to 2025-09-30 | 92,127,345 | shares | 273 |
| 2024-07-01 to 2024-09-30 | 75,743,971 | shares | 92 |
| 2024-01-01 to 2024-09-30 | 74,732,056 | shares | 274 |
Diluted weighted-average shares
Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 99,581,172 | shares | 92 |
| 2025-01-01 to 2025-09-30 | 92,127,345 | shares | 273 |
| 2024-07-01 to 2024-09-30 | 75,743,971 | shares | 92 |
| 2024-01-01 to 2024-09-30 | 74,732,056 | shares | 274 |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | -0.16 | USD/shares | 92 |
| 2025-01-01 to 2025-09-30 | -0.57 | USD/shares | 273 |
| 2024-07-01 to 2024-09-30 | -0.16 | USD/shares | 92 |
| 2024-01-01 to 2024-09-30 | -0.37 | USD/shares | 274 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | -0.16 | USD/shares | 92 |
| 2025-01-01 to 2025-09-30 | -0.57 | USD/shares | 273 |
| 2024-07-01 to 2024-09-30 | -0.16 | USD/shares | 92 |
| 2024-01-01 to 2024-09-30 | -0.37 | USD/shares | 274 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 694,562 | USD | 92 |
| 2025-01-01 to 2025-09-30 | 694,562 | USD | 273 |
| 2024-07-01 to 2024-09-30 | 0 | USD | 92 |
| 2024-01-01 to 2024-09-30 | 0 | USD | 274 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 2,634,486 | USD | |
| At 2024-12-31 | 1,880,709 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 7,255,420 | USD | 273 |
| 2024-01-01 to 2024-09-30 | 3,041,217 | USD | 274 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | -17,531,089 | USD | 92 |
| 2025-01-01 to 2025-09-30 | -42,655,835 | USD | 273 |
| 2024-07-01 to 2024-09-30 | -8,441,784 | USD | 92 |
| 2024-01-01 to 2024-09-30 | -19,861,101 | USD | 274 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 248,802,498 | USD | |
| At 2024-12-31 | 25,798,257 | USD |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 23,886,568 | USD | |
| At 2024-12-31 | 4,178,650 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 2,974,836 | USD | |
| At 2024-12-31 | 2,049,519 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 17,671,065 | USD | |
| At 2024-12-31 | 17,671,065 | USD |
Net finite-lived intangible assets
Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 5,297,798 | USD | |
| At 2024-12-31 | 6,456,068 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 6,106,951 | USD | |
| At 2024-12-31 | 489,316 | USD |
Operating expenses
Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 18,168,591 | USD | 92 |
| 2025-01-01 to 2025-09-30 | 42,817,981 | USD | 273 |
| 2024-07-01 to 2024-09-30 | 8,049,821 | USD | 92 |
| 2024-01-01 to 2024-09-30 | 20,858,146 | USD | 274 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 22,642,051 | USD | |
| At 2024-12-31 | 12,950,941 | USD |
Gross profit
Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 637,502 | USD | 92 |
| 2025-01-01 to 2025-09-30 | 162,146 | USD | 273 |
| 2024-07-01 to 2024-09-30 | -391,963 | USD | 92 |
| 2024-01-01 to 2024-09-30 | 997,045 | USD | 274 |
Research and development expense
Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 5,968,131 | USD | 92 |
| 2025-01-01 to 2025-09-30 | 12,998,991 | USD | 273 |
| 2024-07-01 to 2024-09-30 | 1,879,486 | USD | 92 |
| 2024-01-01 to 2024-09-30 | 4,838,004 | USD | 274 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 118,162,270 | shares | |
| At 2024-12-31 | 85,215,136 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 430,319,122 | USD | |
| At 2024-12-31 | 174,778,994 | USD |
Operating lease right-of-use asset
Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 8,435,706 | USD | |
| At 2024-12-31 | 1,491,345 | USD |
Operating lease liability
Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 8,719,387 | USD |
Accumulated depreciation on property, plant and equipment
Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 1,910,587 | USD | |
| At 2024-12-31 | 1,535,000 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 7,294,798 | USD | |
| At 2024-12-31 | 8,453,068 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 1,185,813 | USD | |
| At 2024-12-31 | 309,823 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 6,192,798 | USD | |
| At 2024-12-31 | 1,240,115 | USD |
Prepaid expenses and other current assets
Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 5,673,884 | USD | |
| At 2024-12-31 | 2,561,744 | USD |
Current contract liabilities
Consideration received before performance obligations are satisfied, often called deferred revenue. It is an obligation to deliver, not earned revenue or cash available.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 467,914 | USD | |
| At 2024-12-31 | 227,484 | USD |
Net deferred tax liabilities
Deferred tax liabilities net of related assets under this concept. The amount reflects timing differences and is not tax currently due.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-09-30 | 694,562 | USD | |
| At 2024-12-31 | 0 | USD |
Pre-tax income or loss from continuing operations
Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | -15,321,886 | USD | 92 |
| 2025-01-01 to 2025-09-30 | -51,724,197 | USD | 273 |
| 2024-07-01 to 2024-09-30 | -12,433,718 | USD | 92 |
| 2024-01-01 to 2024-09-30 | -26,001,360 | USD | 274 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 9,215,783 | USD | 92 |
| 2025-01-01 to 2025-09-30 | 20,331,980 | USD | 273 |
| 2024-07-01 to 2024-09-30 | 4,108,844 | USD | 92 |
| 2024-01-01 to 2024-09-30 | 9,931,624 | USD | 274 |
Depreciation expense
Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 495,440 | USD | 273 |
| 2024-01-01 to 2024-09-30 | 640,342 | USD | 274 |
Amortization of intangible assets
Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 1,158,270 | USD | 273 |
| 2024-01-01 to 2024-09-30 | 571,099 | USD | 274 |
Other nonoperating income or expense
Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 441,770 | USD | 92 |
| 2025-01-01 to 2025-09-30 | 441,770 | USD | 273 |
| 2024-07-01 to 2024-09-30 | 33,589 | USD | 92 |
| 2024-01-01 to 2024-09-30 | 856,605 | USD | 274 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-07-01 to 2025-09-30 | 2,209,203 | USD | 92 |
| 2025-01-01 to 2025-09-30 | -9,068,362 | USD | 273 |
| 2024-07-01 to 2024-09-30 | -3,991,934 | USD | 92 |
| 2024-01-01 to 2024-09-30 | -6,140,259 | USD | 274 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 694,562 | USD | 273 |
| 2024-01-01 to 2024-09-30 | 0 | USD | 274 |
Interest paid, net
Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 0 | USD | 273 |
| 2024-01-01 to 2024-09-30 | 29,498 | USD | 274 |
Income taxes paid, net
Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 0 | USD | 273 |
| 2024-01-01 to 2024-09-30 | 0 | USD | 274 |
Operating lease payments
Cash paid for operating lease liabilities during the period. It differs from lease expense recognized and excludes variable payments in some presentations.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 708,929 | USD | 273 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 5,617,635 | USD | 273 |
| 2024-01-01 to 2024-09-30 | -167,487 | USD | 274 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 9,691,110 | USD | 273 |
| 2024-01-01 to 2024-09-30 | -548,769 | USD | 274 |
Change in accounts payable
The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-01-01 to 2025-09-30 | 925,317 | USD | 273 |
| 2024-01-01 to 2024-09-30 | -840,865 | USD | 274 |
Inspect the source
- Entity
- Red Cat Holdings, Inc. / CIK 0000748268
- Captured
- 2026-09-19T15:01:42.254Z
- SEC response SHA-256
a2ec0b48251add9d139a753ae9f3690d31db7a619f396917d494bfbea4bc42d5
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
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Read the published dataset with Python
import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0000748268.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))