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MARKETS / NASDAQ / RYM
NASDAQ · AGRICULTURAL SERVICES

Rythm, Inc. RYM

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$17.3M
▲ 95916.7% YoY
$-33.3M
In brief

What this company does

RYTHM, Inc. (formerly Agrify Corporation) (together with its subsidiaries, the “Company” or “RYTHM”) delivers well-being to consumers through its portfolio of hemp-derived tetrahydrocannabinol (“hemp-derived THC”) products and iconic licensed brands. Following our acquisition of VCP IP Holdings, LLC and the RYTHM brand, we changed our name from Agrify Corporation to RYTHM, Inc. effective as of September 2, 2025, and changed our ticker symbol on the Nasdaq Capital Market from AGFY to RYM effective as of the market open on that date. In addition to the sale of hemp-derived products (“Non-licensing Revenue”), the Company licenses its brands to be manufactured and distributed in exchange for a licensing fee (“Licensing Revenue”). We rely on a combination of patent, trademark, copyright, and trade secrets, including federal, state and common law rights in the U.S. and other countries, nondisclosure agreements, and other measures to protect our intellectual property. As of March 3, 2026, our human capital resources are predominantly provided pursuant to shared services agreements with Green Thumb, which are largely focused on sales and marketing functions. As of that date, we had one employee and approximately 50 dedicated consultants.

Written from the business description in RYTHM, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 3 March 2026. Every sentence was checked against that document before publication.

Growth
USD 17.3M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 17.3 · Net income -33.3
20M40M-80M-160M202020212022202320242025
Compound annual growth
−33.3%
+7.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−192 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -187.1% · Net -192.4%
-100000%-200000%202020212022202320242025
ROE
FY2025 · ROE -161.8%
-200%-400%-600%202020212022202320242025

Each USD of equity lost 162 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF -11.6
-40M-80M202020212022202320242025
Net buybacks $ Dividends $
FY2021 · Dividends 61000.0 · Net buybacks —
20000040000020202021

Total assetsUSD 106.7M
EquityUSD 13.0M
CashUSD 32.2M
Gross debtUSD 8.6M
Net debtUSD -23.6M
Current ratio1.11×

The company holds more cash than debt.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.00.00.10.10.0
Operating income $B−0.0−0.0−0.0−0.2−0.0−0.0
EBITDA $B·−0.0−0.0−0.2−0.0−0.0
Income tax $B·−0.00.00.00.0·
Net income $B−0.0−0.0−0.0−0.2−0.0−0.0
Free cash flow $B·−0.0−0.0−0.1−0.0−0.0
EPS, diluted $−16.68−40.92−187.64−902.19−1.69−5.32
Dividend / sh $······
Payout %····−0−3
ROE %−161.8−624.1·−294.5−49.8·
Shares out B0.000.000.000.000.000.00

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityAgricultural Services
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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