RKTO
Rocket One Inc.
Company overview
- Market capitalization
- $18.38M
- Employees
- 2
- Latest publication
- 2026-09-29
About Rocket One Inc.
Rocket One Inc. focuses on developing and commercializing AI semiconductor infrastructure. It also develops AI chip and memory hardware engineered for orbital and high-radiation environments, including next generation nanomagnetic AI chip technology. It offers semiconductor infrastructure built around nanomagnetic, and spintronic computing technologies designed to address these constraints at the hardware level. It also offers non-volatile nanomagnetic matrix multiplier architecture for machine learning and AI acceleration and spintronic memory technology with potential applications across defense systems, autonomous platforms, resilient edge compute, and radiation-tolerant space computing. The company was formerly known as Hoth Therapeutics, Inc. and changed its name to Rocket One Inc. in May 2026. The company was incorporated in 2017 and is based in Hoboken, New Jersey.
Financial statements
Income Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD |
|---|---|---|---|---|---|
| Total Revenue | 0USD | 0USD | 0USD | 0USD | 0USD |
| Research Development | 1,519,000USD | 1,314,569USD | 1,633,476USD | 1,039,713USD | 1,958,602USD |
| Selling General Administrative | 1,129,447USD | 1,290,450USD | 2,447,188USD | 1,159,936USD | 1,517,415USD |
| Total Operating Expenses | 2,648,449USD | 2,605,019USD | 4,080,663USD | 2,199,649USD | 3,476,017USD |
| Operating Income | -2,648,449USD | -2,605,019USD | -4,080,663USD | -2,199,649USD | -3,476,017USD |
| Income Before Tax | -2,692,465USD | -2,688,189USD | -4,105,800USD | -2,199,476USD | -3,475,836USD |
| Net Income | -2,692,465USD | -2,688,189USD | -4,105,800USD | -2,199,476USD | -3,475,836USD |
| Net Income From Continuing Ops | -2,692,465USD | -2,688,189USD | -4,105,801USD | -2,199,540USD | -3,475,836USD |
| Ebitda | -2,692,465USD | -2,688,189USD | -4,105,800USD | -2,199,479USD | — |
| Reconciled Depreciation | -1,026USD | — | — | — | 4,354USD |
| Total Other Income Expense Net | -44,016USD | -83,170USD | -25,137USD | 173USD | 181USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Total Revenue | 0USD | 0USD | 0USD | 0USD |
| Research Development | 5,946,360USD | 3,249,096USD | 3,480,053USD | 4,931,164USD |
| Selling General Administrative | 6,414,989USD | 4,966,336USD | 4,212,189USD | 6,134,390USD |
| Unclassified Operating Expenses | -1,250,500USD | — | — | — |
| Total Operating Expenses | 11,110,849USD | 8,215,432USD | 7,692,242USD | 11,065,554USD |
| Operating Income | -11,110,849USD | -8,215,432USD | -7,692,242USD | -11,065,554USD |
| Income Before Tax | -12,469,302USD | -8,188,300USD | -7,845,390USD | -11,371,953USD |
| Net Income | -12,469,302USD | -8,188,300USD | -7,845,390USD | -11,371,953USD |
| Net Income From Continuing Ops | -12,469,302USD | -8,188,300USD | -8,106,122USD | -11,371,953USD |
| Ebitda | -12,469,302USD | 27,132USD | -153,149USD | -990USD |
| Total Other Income Expense Net | -1,358,453USD | 27,132USD | -153,148USD | -306,399USD |
| Ebit | — | -8,188,300USD | -7,845,391USD | -11,066,544USD |
| Depreciation And Amortization | — | 8,215,432USD | 7,692,242USD | 11,065,554USD |
| Interest Income | — | — | 781USD | 6,370USD |
| Net Interest Income | — | — | 781USD | 6,370USD |
| Interest Expense | — | — | — | 305,409USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD |
|---|---|---|---|---|---|---|
| Total Assets | 9,584,874USD | 5,593,957USD | 7,603,444USD | 9,244,530USD | 10,107,802USD | 12,355,218USD |
| Cash And Equivalents | 7,891,911USD | — | — | — | — | — |
| Total Current Assets | 8,580,920USD | 4,857,718USD | 6,805,382USD | 8,921,552USD | 10,052,902USD | 12,293,890USD |
| Other Current Assets | 689,009USD | 810,520USD | 557,915USD | 1,061,934USD | 1,038,794USD | — |
| Total Liabilities | 1,383,733USD | — | — | — | — | — |
| Total Current Liabilities | 1,383,733USD | 1,432,591USD | 1,452,675USD | 1,012,683USD | 364,630USD | 815,299USD |
| Other Current Liabilities | 379,786USD | — | — | — | — | — |
| Total Stockholder Equity | 8,201,141USD | 4,161,366USD | 6,150,769USD | 8,231,846USD | 9,743,172USD | 11,539,919USD |
| Total Equity Including Noncontrolling Interest | 8,201,141USD | — | — | — | — | — |
| Accounts Payable | 1,003,947USD | 1,197,999USD | 823,674USD | 400,067USD | 75,510USD | 469,405USD |
| Common Stock | 2,318USD | 1,627USD | 1,551USD | 1,513USD | 1,323USD | — |
| Retained Earnings | -79,406,459USD | -75,571,808USD | -72,879,343USD | -70,191,154USD | -66,085,353USD | -63,885,877USD |
| Accumulated Other Comprehensive Income | 11,341USD | 12,409USD | 10,831USD | 11,028USD | 12,044USD | — |
| Total Liab | — | 1,432,591USD | 1,452,675USD | 1,012,683USD | 364,630USD | 815,299USD |
| Other Current Liab | — | 234,592USD | 623,323USD | 599,017USD | 267,794USD | — |
| Capital Stock | — | 1,627USD | 1,551USD | 1,513USD | 1,323USD | 1,317USD |
| Cash | — | 4,047,198USD | 6,247,467USD | 7,847,911USD | 9,014,108USD | 11,317,365USD |
| Cash And Short Term Investments | — | 4,047,198USD | 6,247,467USD | 7,847,911USD | 9,014,108USD | — |
| Net Debt | — | -4,047,198USD | -6,241,789USD | -7,834,312USD | -8,992,782USD | — |
| Long Term Investments | — | 36,819USD | 36,819USD | 311,514USD | 36,819USD | 36,819USD |
| Short Term Investments | — | 0USD | 191,367USD | — | — | — |
| Property Plant Equipment Net | — | 0USD | 4,652USD | 11,464USD | 18,081USD | 24,509USD |
| Property Plant Equipment Gross | — | 0USD | 31,075USD | 31,075USD | 31,075USD | 31,075USD |
| Common Stock Shares Outstanding | — | 15,792,337shares | 15,514,312shares | 13,787,159shares | 13,180,243shares | 13,170,715shares |
| Non Current Assets Total | — | 736,239USD | 798,061USD | 322,977USD | 54,900USD | 61,328USD |
| Non Current Liabilities Total | — | 0USD | 0USD | 0USD | 0USD | 0USD |
| Non Currrent Assets Other | — | 699,420USD | 756,590USD | — | 0USD | — |
| Net Working Capital | — | 3,425,127USD | 5,409,878USD | 7,908,868USD | 9,688,272USD | 11,478,591USD |
| Unclassified Equity | — | 79,717,511USD | 79,016,179USD | 78,408,946USD | 75,813,835USD | 75,424,479USD |
| Short Term Debt | — | — | 5,678USD | 13,599USD | 21,326USD | — |
| Short Long Term Debt Total | — | — | 5,678USD | 13,599USD | 21,326USD | — |
| Net Receivables | — | — | — | 11,707USD | — | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Total Assets | 7,603,444USD | 7,712,765USD | 10,243,043USD | 6,759,381USD |
| Other Current Assets | 615,086USD | 559,179USD | 858,126USD | 88,450USD |
| Total Liab | 1,452,675USD | 833,906USD | 704,983USD | 1,637,731USD |
| Total Stockholder Equity | 6,150,769USD | 6,878,859USD | 9,538,060USD | 5,121,650USD |
| Other Current Liab | 623,323USD | 390,760USD | 614,226USD | 692,742USD |
| Common Stock | 1,551USD | 804USD | 435USD | 130USD |
| Capital Stock | 1,551USD | 804USD | 435USD | 130USD |
| Retained Earnings | -72,879,343USD | -60,410,041USD | -52,221,741USD | -45,099,116USD |
| Cash | 6,247,467USD | 7,038,923USD | 9,292,352USD | 6,428,611USD |
| Cash And Short Term Investments | 6,247,467USD | 7,038,923USD | 9,292,352USD | 6,637,931USD |
| Total Current Assets | 6,862,553USD | 7,644,871USD | 10,150,478USD | 6,726,381USD |
| Total Current Liabilities | 1,452,675USD | 831,197USD | 678,657USD | 1,387,731USD |
| Net Debt | -6,241,789USD | -7,007,848USD | -9,237,187USD | -6,428,611USD |
| Short Term Debt | 5,678USD | 28,366USD | 28,839USD | — |
| Short Long Term Debt Total | 5,678USD | 31,075USD | 55,165USD | — |
| Long Term Investments | 36,819USD | 36,819USD | 37,400USD | 33,000USD |
| Short Term Investments | 191,367USD | 0USD | 0USD | 209,320USD |
| Accounts Payable | 823,674USD | 412,071USD | 35,592USD | 694,989USD |
| Property Plant Equipment Net | 4,652USD | 31,075USD | 55,165USD | 0USD |
| Property Plant Equipment Gross | 31,075USD | 31,075USD | 59,698USD | 0USD |
| Accumulated Other Comprehensive Income | 10,831USD | 9,063USD | 27,260USD | 22,006USD |
| Common Stock Shares Outstanding | 13,805,813shares | 6,375,161shares | 3,409,190shares | 1,197,521shares |
| Non Current Assets Total | 740,891USD | 67,894USD | 92,565USD | 33,000USD |
| Non Current Liabilities Total | 0USD | 2,709USD | 26,326USD | 250,000USD |
| Non Currrent Assets Other | 699,420USD | — | 0USD | — |
| Net Working Capital | 5,409,878USD | 6,813,674USD | 9,471,821USD | 5,338,650USD |
| Unclassified Equity | 79,016,179USD | 67,278,229USD | 61,731,671USD | 50,198,500USD |
| Net Receivables | — | 46,769USD | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Stock Based Compensation | 625,485USD |
| Change To Liabilities | -63,264USD |
| Change In Working Capital | -63,264USD |
| Operating Cash Flow | -6,019,382USD |
| Investing Cash Flow | 147,202USD |
| Financing Cash Flow | 7,516,114USD |
| Effect Of Forex Changes On Cash | 510USD |
| Change In Cash | 1,644,444USD |
| End Cash Flow | 7,891,911USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD |
|---|---|---|---|---|---|
| Net Income | -2,692,465USD | -2,688,189USD | -4,105,800USD | -2,199,476USD | -3,475,840USD |
| Depreciation | -1,026USD | — | — | -4,354USD | 4,354USD |
| Stock Based Compensation | 0USD | 0USD | 968,000USD | 0USD | 219,929USD |
| Other Non Cash Items | 43,139USD | 193,269USD | 1,158,769USD | 58,770USD | 850,500USD |
| Change In Working Capital | -401,207USD | 344,535USD | 454,359USD | -227,776USD | -386,972USD |
| Total Cash From Operating Activities | -3,050,533USD | -2,150,385USD | -2,492,672USD | -2,372,836USD | -2,788,025USD |
| Capital Expenditures | -3USD | -5USD | -2USD | -5USD | 0USD |
| Free Cash Flow | -3,050,533USD | -2,150,380USD | -2,492,670USD | -2,372,841USD | -2,788,025USD |
| Investments | 147,202USD | — | — | — | 0USD |
| Total Cashflows From Investing Activities | 147,202USD | — | -300,000USD | — | — |
| Total Cash From Financing Activities | 701,484USD | 550,138USD | 1,627,491USD | 66,101USD | 7,066,964USD |
| Issuance Of Capital Stock | 701,484USD | 607,309USD | 2,003,491USD | 66,101USD | 1,441,964USD |
| Change In Cash | -2,200,269USD | -1,600,444USD | -1,166,197USD | -2,303,257USD | 4,278,939USD |
| Begin Period Cash Flow | 6,247,467USD | 7,847,911USD | 9,014,108USD | 11,317,365USD | 7,038,923USD |
| End Period Cash Flow | 4,047,198USD | 6,247,467USD | 7,847,911USD | 9,014,108USD | 11,317,365USD |
| Other Cashflows From Investing Activities | 147,202USD | — | — | — | — |
| Other Cashflows From Financing Activities | — | — | -376,000USD | — | — |
| Unclassified Financing Cash Flow | — | — | — | — | 5,625,000USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Net Income | -12,469,302USD | -8,188,300USD | -8,106,122USD | -11,371,953USD |
| Stock Based Compensation | 1,187,929USD | 804,277USD | 216,428USD | 620,798USD |
| Other Non Cash Items | 1,293,309USD | 581USD | -70,080USD | 858,822USD |
| Change In Working Capital | 184,146USD | 405,191USD | -487,320USD | 594,479USD |
| Total Cash From Operating Activities | -9,803,918USD | -6,978,251USD | -8,447,094USD | -9,297,854USD |
| Capital Expenditures | 0USD | -1USD | -4USD | -74,000USD |
| Free Cash Flow | -9,803,920USD | -6,978,250USD | -8,447,090USD | -9,371,854USD |
| Investments | -300,000USD | 0USD | 0USD | 1,235,695USD |
| Total Cashflows From Investing Activities | -300,000USD | — | — | 1,161,695USD |
| Total Cash From Financing Activities | 9,310,694USD | 4,743,019USD | 11,317,353USD | 6,036,093USD |
| Issuance Of Capital Stock | 4,118,865USD | 1,060,719USD | 11,314,998USD | 5,986,103USD |
| Change In Cash | -791,456USD | -2,253,429USD | 2,863,741USD | -2,109,659USD |
| Begin Period Cash Flow | 7,038,923USD | 9,292,352USD | 6,428,611USD | 8,538,270USD |
| End Period Cash Flow | 6,247,467USD | 7,038,923USD | 9,292,352USD | 6,428,611USD |
| Other Cashflows From Financing Activities | -376,000USD | 3,682,300USD | 2,355USD | 50,990USD |
| Unclassified Financing Cash Flow | 5,567,829USD | — | 11,314,998USD | 5,985,113USD |
| Sale Purchase Of Stock | — | — | 0USD | -10USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.