Agrify Corp

For the period ended Jun 30, 2025. Filed Aug 8, 2025.

About this filing

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.

Jun 30, 2025 · Filed Aug 8, 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

Condensed Consolidated Statements of Changes in Stockholders’ Equity (Deficit)

**CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY

(DEFICIT) (UNAUDITED)

(In thousands)

Common Stock · Additional Paid-In- · Accumulated · Total Stockholders’ Equity (Deficit) attributable · Non-Controlling · Total Stockholders’ Equity
	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	—	—	490	—	490	—	490
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	—	—	—	—	—	—
Exercise of pre-funded warrants issued through public offering	200,667	—	3	—	3	—	3
Conversion of convertible note	178,109	—	1,731	—	1,731	—	1,731
Deemed contribution from troubled debt restructuring with related party	—	—	676	—	676	—	676
Stock split share adjustment	1	1	(1)	—	—	—	—
Net income	—	—	—	4,236	4,236	—	4,236
Balance at March 31, 2024	885,046	$1	$255,879	$(261,561)	$(5,681)	$230	$(5,451)
Stock-based compensation	—	—	81	—	81	—	81
Exercise of pre-funded warrants issued through public offering	63,579	—	1	—	1	—	1
Excess of related party debt and pre-funded warrants	—	—	10,044	—	10,044	—	10,044
Issuance of equity classified prefunded warrants	—	—	6,791	—	6,791	—	6,791
Issuance of vested RSUs, net of shares held back to offset tax	41	—	—	—	—	—	—
Net loss	—	—	—	(2,972)	(2,972)	—	(2,972)
Balance at June 30, 2024	948,666	$1	$272,796	$(264,533)	$8,264	$230	$8,494

Common Stock · Additional Paid-In- · Accumulated · Total Stockholders’ Equity attributable · Non-Controlling · Total Stockholders’
	Shares	Amount	Capital	Deficit	to Agrify	Interests	Equity
Balance at January 1, 2025	1,952,032	$2	$335,400	$(307,543)	27,859	$230	$28,089
Stock-based compensation	—	—	589	—	589	—	589
Cancellation of common shares	(18)	—	—	—	—	—	—
Impairment of non-controlling interests	—	—	—	—	—	(230)	(230)
Net loss	—	—	—	(1,626)	(1,626)	—	(1,626)
Balance at March 31, 2025	1,952,014	$2	$335,989	$(309,169)	$26,822	$—	$26,822
Stock-based compensation	—		515	—	515	—	515
Issuance of vested RSUs, net of shares held back to offset tax	50,554	—	—	—	—	—	—
Issuance of pre-funded warrants in lieu of cash interest payments on related party debt	—	—	510	—	510	—	510
Accrued pre-funded warrants in lieu of cash interest	—	—	476	—	476	—	476
Net loss	—	—	—	(7,360)	(7,360)	—	(7,360)
Balance at June 30, 2025	2,002,568	$2	$337,490	$(316,529)	$20,963	$—	$20,963

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.