RYTHM, Inc.

For the period ended Dec 31, 2024. Filed Mar 21, 2025.

About 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.

FY2024 · Filed Mar 21, 2025

RYM$16.43-3.9%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Statements of Stockholders’ Equity (Deficit)

Common Stock · Preferred Stock · Preferred A Stock · Additional Paid-In- · Accumulated · Total Stockholders’ Equity (Deficit) attributable · Non- Controlling · Total Stockholders’ Equity
	Shares	Amount	Shares	Amount	Shares	Amount	Capital	Deficit	to Agrify	Interests	(Deficit)
Balance at January 1, 2023	69,220	$—	—	$—	—	$—	$237,876	$(247,148)	$(9,272)	$231	$(9,041)
Stock-based compensation	—	—	—	—	—	—	2,662	—	2,662	—	2,662
Issuance of Common Stock through an “at the market” offering, net of fees	21,539	—	—	—	—	—	1,545	—	1,545	—	1,545
Issuance of held-back shares to Lab Society	33	—	—	—	—	—	—	—	—	—	—
Issuance of Common Stock to Pure Pressure	24	—	—	—	—	—	—	—	—	—	—
Vesting of restricted stock units	1	—	—	—	—	—	—	—	—	—	—
Exercise of prefunded warrants in private placement	5,664	—	—	—	—	—	—	—	—	—	—
Issuance of equity classified warrants	—	—	—	—	—	—	1,554	—	1,554	—	1,554
Exchange of private placement debt into equity classified warrants	—	—	—	—	—	—	3,877	—	3,877	—	3,877
Conversion of Exchange Note	4,638	—	—	—	—	—	2,146	—	2,146	—	2,146
Conversion of Convertible Note	10,241	—	—	—	—	—	1,172	—	1,172	—	1,172
Proceeds from Employee Stock Purchase Plan Shares	167	—	—	—	—	—	25	—	25	—	25
Reverse stock split fractional share settlement	1,889	—	—	—	—	—	—	—	—	—	—
Net loss	—	—	—	—	—	—	—	(18,649)	(18,649)	(1)	(18,650)
Balance December 31, 2023	113,416	$—	—	$—	—	$—	$250,857	$(265,797)	$(14,940)	$230	$(14,710)

Common Stock · Preferred Stock · Preferred A Stock · Additional Paid-in- · Accumulated · Total Stockholders’ Equity (Deficit) attributable · Non- Controlling · Total Stockholders’ Equity
	Shares	Amount	Shares	Amount	Shares	Amount	Capital	Deficit	to Agrify	Interests	(Deficit)
Balance at January 1, 2024	113,416	$—	—	$—	—	$—	$250,857	$(265,797)	$(14,940)	$230	$(14,710)
Stock-based compensation	—	—	—	—	—	—	1,165	—	1,165	—	1,165
Issuance of Common Stock and Pre-Funded Warrants through public offering	184,000	—	—	—	—	—	2,123	—	2,123	—	2,123
Issuance of held-back shares from Sinclair acquisition	39	—	—	—	—	—	—	—	—	—	—
Cashless exercise of High Trail Warrants	208,814	—	—	—	—	—	—	—	—	—	—
Issuance of vested RSUs, net of shares held back to offset tax	71	—	—	—	—	—	—	—	—	—	—
Exercise of Pre-Funded Warrants	647,373	—	—	—	—	—	1,355	—	1,355	—	1,355
Issuance of common shares (IONIC Stock Subscription Payable)	189,645	—	—	—	—	—	345	—	345	—	345
Exercise of liability classified warrants, net of forfeitures	52,681	—	—	—	—	—	1,680	—	1,680	—	1,680
Exercise of Placement Agent Warrants	4,482	—	—	—	—	—	26	—	26	—	26
Issuance of Common Stock in connection with private placement, net	203,988	1	—	—	—	—	25,792	—	25,793	—	25,793
Senorita Acquisition	97,300	—	—	—	—	—	18,836	—	18,836	—	18,836
Issuance of vested RSUs	72,397	—	—	—	—	—	—	—	—	—	—
Stock split share adjustment	(283)	1	—	—	—	—	(1)	—	—	—	—
Deemed Contribution from troubled debt restructuring with related party	—	—	—	—	—	—	676	—	676	—	676
Issuance of equity classified Pre-Funded Warrants	—	—	—	—	—	—	6,791	—	6,791	—	6,791
Excess of related party debt and Pre-Funded Warrants conversion	—	—	—	—	—	—	10,044	—	10,044	—	10,044
Conversion of related party debt into Pre-Funded Warrants	—	—	—	—	—	—	13,980	—	13,980	—	13,980
Conversion of Convertible Note	178,109	—	—	—	—	—	1,731	—	1,731	—	1,731
Net loss	—	—	—	—	—	—	—	(41,746)	(41,746)	—	(41,746)
Balance December 31, 2024	1,952,032	$2	—	$—	—	$—	$335,400	$(307,543)	$27,859	$230	$28,089

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.