RYTHM, Inc.
For the period ended Dec 31, 2025. Filed Mar 3, 2026.
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FY2025 · Filed Mar 3, 2026
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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Consolidated Statements of Stockholders’ Equity (Deficit)
| Common Stock · Additional Paid-In- · Accumulated · Total Stockholders’ Equity | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | (Deficit) | |
| Balance at January 1, 2024 | 113,416 | $— | $250,857 | $(265,567) | $(14,710) |
| Issuance of Common Stock in connection with private placement, net | 203,988 | 1 | 25,792 | — | 25,793 |
| Senorita Acquisition | 97,300 | — | 18,836 | — | 18,836 |
| Conversion of related party debt into Pre-Funded Warrants | — | — | 13,980 | — | 13,980 |
| Excess of related party debt and Pre-Funded Warrants conversion | — | — | 10,044 | — | 10,044 |
| Issuance of equity classified Pre-Funded Warrants | — | — | 6,791 | — | 6,791 |
| Issuance of Common Stock and Pre-Funded Warrants through public offering | 184,000 | — | 2,123 | — | 2,123 |
| Conversion of Convertible Note | 178,109 | — | 1,731 | — | 1,731 |
| Exercise of liability classified warrants, net of forfeitures | 52,681 | — | 1,680 | — | 1,680 |
| Exercise of Pre-Funded Warrants | 647,373 | — | 1,355 | — | 1,355 |
| Stock-based compensation | — | — | 1,165 | — | 1,165 |
| Contribution from troubled debt restructuring with related party | — | — | 676 | — | 676 |
| Issuance of common shares (IONIC Stock Subscription Payable) | 189,645 | — | 345 | — | 345 |
| Exercise of Placement Agent Warrants | 4,482 | — | 26 | — | 26 |
| Stock split share adjustment | (283) | 1 | (1) | — | — |
| Cashless exercise of High Trail Warrants | 208,814 | — | — | — | — |
| Issuance of vested RSUs | 72,397 | — | — | — | — |
| Issuance of vested RSUs, net of shares held back to offset tax | 71 | — | — | — | — |
| Issuance of held-back shares from Sinclair acquisition | 39 | — | — | — | — |
| Net loss | — | — | — | (41,746) | (41,746) |
| Balance at December 31, 2024 | 1,952,032 | $2 | $335,400 | $(307,313) | $28,089 |
| Common Stock · Additional Paid-in- · Accumulated · Total Stockholders’ | |||||
|---|---|---|---|---|---|
| Shares | Amount | Capital | Deficit | Equity | |
| Balance at January 1, 2025 | 1,952,032 | $2 | $335,400 | $(307,313) | $28,089 |
| Conversion of related party convertible note to pre-funded warrants | — | — | 10,000 | — | 10,000 |
| Issuance of pre-funded warrants in lieu of cash payments on related party shared services agreement | — | — | 3,771 | — | 3,771 |
| Issuance or accrual of pre-funded warrants in lieu of cash interest payments on related party debt | — | — | 2,644 | — | 2,644 |
| Stock-based compensation | — | — | 2,157 | — | 2,157 |
| Issuance or accrual of pre-funded warrants in lieu of cash interest payments | — | — | 183 | — | 183 |
| Issuance of vested RSUs, net of shares held back to offset tax | 83,028 | — | (337) | — | (337) |
| Exercise of Pre-Funded Warrants | 114,086 | — | — | — | — |
| Cancellation of common shares | (18) | — | — | — | — |
| Impairment of non-controlling interests | — | — | — | (230) | (230) |
| Net loss | — | — | — | (33,257) | (33,257) |
| Balance at December 31, 2025 | 2,149,128 | $2 | $353,818 | $(340,800) | $13,020 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.