RenX Enterprises Corp.
For the period ended Dec 31, 2025. Filed Apr 1, 2026.
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.
FY2025 · Filed Apr 1, 2026
RENX$1.03-2.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| For The Year Ended December 31, 2025 | For The Year Ended December 31, 2024 | |
|---|---|---|
| Revenue | ||
| Sales | $8,220,449 | $207,552 |
| Total | 8,220,449 | 207,552 |
| Costs of revenue: | ||
| Costs of revenue | 5,829,174 | 182,656 |
| Total | 5,829,174 | 182,656 |
| Gross profit | 2,391,275 | 24,896 |
| Operating expenses: | ||
| Payroll and related expenses | 3,237,257 | 3,622,018 |
| General and administrative expenses | 4,177,064 | 1,525,707 |
| Professional and consulting fees | 2,575,502 | 963,768 |
| Marketing and business development expense | 861,336 | 472,309 |
| Impairment loss | 965,812 | - |
| Bad debt expense | 3,025,000 | - |
| Total | 14,841,971 | 6,583,802 |
| Operating loss | (12,450,696) | (6,558,906) |
| Other income (expense): | ||
| Interest expense | (5,265,549) | (3,474,344) |
| Change in fair value of derivative liability | 2,034,868 | - |
| Impairment of notes receivable | (818,172) | - |
| Gain on sale of land | - | 1,067,540 |
| Interest income | (14,653) | 12,107 |
| Other income | 557,103 | 45,128 |
| Total | (3,506,403) | (2,349,569) |
| Net loss | $(15,957,099) | $(8,908,475) |
| Deemed dividends related to preferred stock B derivative value | (3,631,210) | - |
| Net loss allocable to common shareholders | $(19,588,309) | $(8,908,475) |
| Net loss per share | ||
| Basic and diluted | $(83.99) | $(195.69) |
| Weighted average shares outstanding: | ||
| Basic and diluted | 233,211 | 45,524 |
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