RYTHM, Inc.
For the period ended Mar 31, 2025. Filed May 9, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 9, 2025
RYM$17.11+8.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
(In thousands, except share and per share data)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $24,449 | $31,170 |
| Accounts receivable, net | 381 | 30 |
| Inventory, net | 738 | 500 |
| Prepaid expenses and other current assets | 1,374 | 398 |
| Current assets associated with discontinued operations | 233 | 2,596 |
| Total current assets | 27,175 | 34,694 |
| Goodwill | 9,713 | 9,713 |
| Intangible assets | 8,616 | 8,900 |
| Non-current assets associated with discontinued operations | 120 | 715 |
| Total assets | $45,624 | $54,022 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $1,118 | $825 |
| Accrued expenses and other current liabilities | 3,623 | 4,090 |
| Long-term debt, current | 615 | 522 |
| Related party debt, current | 10,000 | 10,000 |
| Current liabilities associated with discontinued operations | 2,857 | 9,242 |
| Total current liabilities | 18,213 | 24,679 |
| Warrant liabilities | 589 | 996 |
| Long-term debt, net of current | - | 1 |
| Non-current liabilities associated with discontinued operations | - | 257 |
| Total liabilities | 18,802 | 25,933 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity: | ||
| Common Stock, $0.001 par value per share, 35,000,000 shares authorized; 1,952,014 and 1,952,032 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively | 2 | 2 |
| Preferred Stock, $0.001 par value per share, 2,895,000 shares authorized, no shares issued or outstanding | - | - |
| Preferred A Stock, $0.001 par value per share, 105,000 shares authorized, no shares issued or outstanding | - | - |
| Additional paid-in capital | 335,989 | 335,400 |
| Accumulated deficit | (309,169) | (307,543) |
| Total stockholders’ equity attributable to Agrify Corporation | 26,822 | 27,859 |
| Non-controlling interests | - | 230 |
| Total stockholders’ equity | 26,822 | 28,089 |
| Total liabilities and stockholders’ equity | $45,624 | $54,022 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.