Earnings summaries and quarterly performance for RYTHM.
Research analysts covering RYTHM.
Recent press releases and 8-K filings for RYM.
RYTHM, Inc. Reports Third Quarter 2025 Results and Strategic Shift
RYM
Earnings
Product Launch
M&A
- RYTHM, Inc. reported revenue from continuing operations of $4.0 million for the third quarter ended September 30, 2025, representing a 98% increase from the prior quarter, alongside an operating loss from continuing operations of $8.9 million.
- The company completed a strategic shift, changing its name to RYTHM, Inc. and beginning trading on the Nasdaq Capital Market under "RYM" on September 2, 2025, following the acquisition of a portfolio of brand intellectual property including RYTHM, Dogwalkers, and Beboe on August 27, 2025.
- Its Se\u00f1orita THC Margaritas launched in over 1,000 Circle K stores nationwide and select Minnesota Target stores, marking the largest convenience store hemp-derived THC beverage rollout to date in the U.S..
- As of September 30, 2025, RYTHM, Inc. maintained a cash balance of $35.6 million, with approximately 2.0 million shares, 7.6 million warrants, and 6.2 million shares issuable upon conversion of outstanding convertible notes.
Nov 7, 2025, 12:05 PM
RYTHM, Inc. Recasts Financials for Discontinued Operations
RYM
Financial Restatement
Accounting Changes
M&A
- RYTHM, Inc. (formerly Agrify Corporation) is filing an 8-K to recast financial information for the fiscal year ended December 31, 2024, and present comparable data for December 31, 2023, to reflect the reclassification of its Extraction Business as discontinued operations.
- The company's Board of Directors approved the discontinuation of the Extraction Business on March 30, 2025, which met the criteria under Accounting Standard Codification (ASC) 205-20 to be reported as discontinued operations due to a strategic shift.
- The Cultivation Business was also sold on December 31, 2024, and its results are retrospectively presented as discontinued operations in the consolidated financial statements.
- This filing revises specific portions of the FY 2024 Form 10-K, including "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Financial Statements and Supplementary Data," to incorporate these changes.
Oct 8, 2025, 9:28 PM
Quarterly earnings call transcripts for RYTHM.
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