Agrify Corp
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
View on SEC.govAbout 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.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)
(In thousands, except share and per share data)
| Three months ended June 30, | Six months ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $2,042 | $— | $2,580 | $— |
| Cost of goods sold | 1,360 | — | 1,808 | — |
| Gross profit | 682 | — | 772 | — |
| Selling, general and administrative | 7,480 | 677 | 11,271 | 2,229 |
| Research and development | — | 185 | — | 460 |
| Change in contingent consideration | — | — | — | (2,180) |
| Loss on disposal of property and equipment | — | (9) | — | (9) |
| Total operating expenses | 7,480 | 853 | 11,271 | 500 |
| Operating loss from continuing operations | (6,798) | (853) | (10,499) | (500) |
| Interest expense, net | (291) | (28) | (290) | (128) |
| Change in fair value of warrant liabilities | (115) | (1,277) | 292 | (404) |
| Other (expense) income, net | (1) | — | 18 | — |
| Total other (expense) income, net | (407) | (1,305) | 20 | (532) |
| Loss from continuing operations before income taxes | (7,205) | (2,158) | (10,479) | (1,032) |
| Income tax provision | — | — | — | — |
| Loss from continuing operations, net of income taxes | (7,205) | (2,158) | (10,479) | (1,032) |
| (Loss) income from discontinued operations | (123) | (814) | (2,041) | 2,296 |
| (Loss) gain on disposal of Extraction business | (32) | — | 3,534 | — |
| Income tax effect on discontinued operations | — | — | — | — |
| (Loss) income from discontinued operations, net of income taxes | (155) | (814) | 1,493 | 2,296 |
| Net (loss) income | (7,360) | (2,972) | (8,986) | 1,264 |
| Income (loss) attributable to non-controlling interest | — | — | — | — |
| Net (loss) income attributable to Agrify Corporation | $(7,360) | $(2,972) | $(8,986) | $1,264 |
| Net (loss) income per share: | ||||
| Basic (loss) income per share | ||||
| Continuing operations | $(3.66) | $(2.29) | $(5.35) | $(1.47) |
| Discontinued operations | (0.08) | (0.87) | 0.76 | 3.27 |
| Net (loss) income per share attributable to Common Stockholders – basic (1) | $(3.74) | $(3.16) | $(4.59) | $1.80 |
| Diluted (loss) income per share | ||||
| Continuing operations | $(3.66) | $(2.29) | $(5.35) | $(0.30) |
| Discontinued operations | (0.08) | (0.87) | 0.76 | 1.35 |
| Net (loss) income per share attributable to Common Stockholders – diluted (1) | $(3.74) | $(3.16) | $(4.59) | $1.05 |
| Weighted average common shares outstanding - basic (1) | 1,965,425 | 940,953 | 1,958,724 | 701,563 |
| Weighted average common shares outstanding - diluted (1) | 1,965,425 | 940,953 | 1,958,724 | 1,696,069 |
| (1) | Periods presented have been adjusted to retroactively reflect the 1-for-15 reverse stock split on October 8, 2024. Additional information regarding reverse stock splits may be found in Note 1 – Overview, Basis of Presentation, and Significant Accounting Policies, included in the notes to the condensed consolidated financial statements. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.