Red Cat Holdings, Inc.: 10-Q filed 2025-08-14
What Red Cat Holdings, Inc. reported in its quarterly report filed 2025-08-14 (fiscal Q2 2025): 42 published measures, 114 facts as tagged in accession 0001641172-25-024075.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2025-08-14
- Fiscal period
- fiscal Q2 2025
- Accession
- 0001641172-25-024075 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 2025-06-30 | 121,367,851 | 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 2025-06-30 | 25,802,729 | 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 2025-06-30 | 95,565,122 | USD | |
| At 2025-03-31 | 28,911,248 | USD | |
| At 2024-12-31 | 50,119,553 | 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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | -13,278,960 | USD | 91 |
| 2025-01-01 to 2025-06-30 | -36,402,311 | USD | 181 |
| 2025-01-01 to 2025-03-31 | -23,123,351 | USD | 90 |
| 2024-04-01 to 2024-06-30 | -8,160,019 | USD | 91 |
| 2024-01-01 to 2024-06-30 | -14,941,099 | USD | 182 |
| 2024-01-01 to 2024-03-31 | -6,781,080 | USD | 91 |
Revenue
Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 3,218,577 | USD | 91 |
| 2025-01-01 to 2025-06-30 | 4,848,239 | USD | 181 |
| 2024-04-01 to 2024-06-30 | 6,419,669 | USD | 91 |
| 2024-01-01 to 2024-06-30 | 13,033,698 | USD | 182 |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 1,128,299 | USD | 91 |
| 2025-01-01 to 2025-06-30 | 1,128,299 | USD | 181 |
| 2024-04-01 to 2024-06-30 | 3,210,799 | USD | 91 |
| 2024-01-01 to 2024-06-30 | 3,210,799 | USD | 182 |
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 2025-06-30 | -161,147,014 | 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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 91,295,342 | shares | 91 |
| 2025-01-01 to 2025-06-30 | 88,400,431 | shares | 181 |
| 2024-04-01 to 2024-06-30 | 74,247,575 | shares | 91 |
| 2024-01-01 to 2024-06-30 | 74,226,099 | shares | 182 |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 91,295,342 | shares | 91 |
| 2025-01-01 to 2025-06-30 | 88,400,431 | shares | 181 |
| 2024-04-01 to 2024-06-30 | 74,247,575 | shares | 91 |
| 2024-01-01 to 2024-06-30 | 74,226,099 | shares | 182 |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | -0.15 | USD/shares | 91 |
| 2025-01-01 to 2025-06-30 | -0.41 | USD/shares | 181 |
| 2024-04-01 to 2024-06-30 | -0.11 | USD/shares | 91 |
| 2024-01-01 to 2024-06-30 | -0.2 | USD/shares | 182 |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | -0.15 | USD/shares | 91 |
| 2025-01-01 to 2025-06-30 | -0.41 | USD/shares | 181 |
| 2024-04-01 to 2024-06-30 | -0.11 | USD/shares | 91 |
| 2024-01-01 to 2024-06-30 | -0.2 | USD/shares | 182 |
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 2025-06-30 | 2,130,921 | USD | |
| At 2024-12-31 | 1,880,709 | USD |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | -12,646,547 | USD | 91 |
| 2025-01-01 to 2025-06-30 | -25,124,746 | USD | 181 |
| 2024-04-01 to 2024-06-30 | -5,376,018 | USD | 91 |
| 2024-01-01 to 2024-06-30 | -11,419,317 | USD | 182 |
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 2025-06-30 | 91,573,633 | 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 2025-06-30 | 24,129,516 | 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 2025-06-30 | 1,481,166 | 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 2025-06-30 | 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 2025-06-30 | 5,674,091 | 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 2025-06-30 | 1,012,475 | 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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 13,021,601 | USD | 91 |
| 2025-01-01 to 2025-06-30 | 24,649,390 | USD | 181 |
| 2024-04-01 to 2024-06-30 | 5,643,822 | USD | 91 |
| 2024-01-01 to 2024-06-30 | 12,808,325 | USD | 182 |
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 2025-06-30 | 16,169,713 | 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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 375,054 | USD | 91 |
| 2025-01-01 to 2025-06-30 | -475,356 | USD | 181 |
| 2024-04-01 to 2024-06-30 | 267,804 | USD | 91 |
| 2024-01-01 to 2024-06-30 | 1,389,008 | USD | 182 |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 3,598,267 | USD | 91 |
| 2025-01-01 to 2025-06-30 | 7,030,860 | USD | 181 |
| 2024-04-01 to 2024-06-30 | 289,016 | USD | 91 |
| 2024-01-01 to 2024-06-30 | 2,958,518 | USD | 182 |
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 2025-06-30 | 98,510,343 | 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 2025-06-30 | 256,613,579 | 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 2025-06-30 | 1,958,087 | USD | |
| At 2024-12-31 | 1,491,345 | USD |
Gross property, plant and equipment
Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2025-06-30 | 1,851,817 | USD | |
| At 2024-12-31 | 1,633,105 | 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 2025-06-30 | 1,864,414 | 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 2025-06-30 | 7,671,091 | 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 2025-06-30 | 363,054 | 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 2025-06-30 | 1,839,670 | USD | |
| At 2024-12-31 | 1,240,115 | 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 2025-06-30 | 565,537 | USD | |
| At 2024-12-31 | 227,484 | USD |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | 6,235,749 | USD | 91 |
| 2025-01-01 to 2025-06-30 | 11,116,197 | USD | 181 |
| 2024-04-01 to 2024-06-30 | 2,738,285 | USD | 91 |
| 2024-01-01 to 2024-06-30 | 5,822,780 | USD | 182 |
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 2025-06-30 | 329,414 | USD | 181 |
| 2024-01-01 to 2024-06-30 | 466,720 | USD | 182 |
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 2025-06-30 | 781,977 | USD | 181 |
| 2024-01-01 to 2024-06-30 | 393,771 | USD | 182 |
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 |
|---|---|---|---|
| 2024-04-01 to 2024-06-30 | 207,204 | USD | 91 |
| 2024-01-01 to 2024-06-30 | 698,186 | USD | 182 |
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 |
|---|---|---|---|
| 2025-04-01 to 2025-06-30 | -632,413 | USD | 91 |
| 2025-01-01 to 2025-06-30 | -11,277,565 | USD | 181 |
| 2024-04-01 to 2024-06-30 | -2,784,001 | USD | 91 |
| 2024-01-01 to 2024-06-30 | -2,148,325 | USD | 182 |
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 |
|---|---|---|---|
| 2024-01-01 to 2024-06-30 | 23,339 | USD | 182 |
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 2025-06-30 | 344,245 | USD | 181 |
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 2025-06-30 | 523,159 | USD | 181 |
| 2024-01-01 to 2024-06-30 | 916,864 | USD | 182 |
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 2025-06-30 | 3,218,772 | USD | 181 |
| 2024-01-01 to 2024-06-30 | -2,104,581 | USD | 182 |
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 2025-06-30 | -568,353 | USD | 181 |
| 2024-01-01 to 2024-06-30 | -324,405 | USD | 182 |
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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with urlopen("https://canlicapital.com/company-data/0000748268.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
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