RenX Enterprises Corp.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
RENX$1.06+14.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the Year Ended December 31, 2024 · For the Year Ended December 31, 2023 | |||
|---|---|---|---|
| Revenue: | |||
| Sales | $207,552 | $ | - |
| Total | 207,552 | - | |
| Cost of revenue: | |||
| Commissions | 182,656 | - | |
| Total | 182,656 | - | |
| Gross profit | 24,896 | - | |
| Operating expenses: | |||
| Payroll and related expenses | $3,622,018 | $1,125,603 | |
| General and administrative expenses | 2,489,475 | 1,771,389 | |
| Marketing and business development expense | 472,309 | 126,456 | |
| Total | 6,583,802 | 3,023,448 | |
| Operating loss | (6,558,906) | (3,023,448) | |
| Other expense: | |||
| Interest expense | (3,474,344) | (1,178,311) | |
| Gain on sale of land | 1,067,540 | - | |
| Interest income | 12,107 | - | |
| Other income | 45,128 | 1,218 | |
| (2,349,569) | (1,177,093) | ||
| Net loss | $(8,908,475) | $(4,200,541) | |
| Net loss per share | |||
| Basic and diluted | $(9.78) | $(28.65) | |
| Weighted average shares outstanding: | |||
| Basic and diluted | 910,476 | 146,628 | |
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