RMX Industries Inc
Key statistics
from XBRL data in SEC filingsAI briefing
from the latest 10-K, 10-Q and 8-K eventsRMX Industries, Inc. is a Nevada holding company with software subsidiaries EdWare LLC and RMX Industries Inc. (Texas), focused on computer programming and data processing services.
What they do
The company operates through wholly-owned subsidiaries, EdWare LLC and RMX Industries Inc. (Texas), providing computer programming and data processing services. It markets products under trademarks including VAST and QuantrusX. The company is pursuing an uplisting to the NYSE American exchange.
Revenue drivers
- Software services — Revenue is generated from computer programming and data processing services; quarterly revenue declined from $26,200 (2025-03-31) to $1,440 (2026-06-30), indicating a small, shrinking revenue base.
Recent performance
Annual net income for 2025 was a loss of $24.3 million. Quarterly revenue fell sharply from $26,200 in Q1 2025 to $12,592 in Q2 2025 and further to $1,440 in Q2 2026. As of 2026-06-30, total assets were $35.9 million, total liabilities $5.2 million, and shareholder equity $30.7 million. Cash and equivalents stood at $248,333, with long-term debt of $2.9 million.
Strategy
Management is focused on successfully completing an uplisting to the NYSE American exchange. The company aims to introduce new products and services and obtain additional funding to develop them. It also intends to establish or maintain collaborations, licensing, or other arrangements.
Risks
- Revenue decline — Quarterly revenue has fallen from $26,200 to $1,440 over five quarters, raising concerns about the viability of current revenue streams.
- Cash burn — With a $24.3 million net loss in 2025 and only $248,333 in cash as of 2026-06-30, the company faces a liquidity crunch.
- Dependence on external funding — The company states it needs additional funding to develop products and services, but its ability to secure such funding is uncertain.
- Uplisting risk — The planned NYSE American uplisting may not be completed, which could impact access to capital markets.
Outlook
Management expects to continue pursuing its uplisting to the NYSE American and to introduce new products and services. However, it acknowledges that forward-looking statements involve risks and uncertainties that could cause actual results to differ materially.