---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-015522"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:14:26.442363+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Agrify posts preliminary Q4 2023 net loss of $750K, a historical low; gross profit up 105% QoQ

## Summary
- Q4 2023 net loss expected at $750K vs $2.1M in Q3 and $58M in Q4 2022 (historical low).
- Gross profit up 105% sequentially to $1.9M; operating loss down 46% to $2.5M.
- Net cash burn at lowest in company history; expects to approach cashflow break-even in H2 2024.
- Customer Ocean Deep constructing Agrify's UL-Certified EXP1 room; expects 120 VFUs and PX30 lab in 2024.
- Full Q4 and FY 2023 results expected before end of March 2024; numbers are preliminary and unaudited.

## SEC filing metadata
- accession: 0001213900-24-015522
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024015522/0001213900-24-015522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024015522/ea0200356-8k_agrifycorp.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-015522
- JSON: https://secwatch.observer/filing/0001213900-24-015522.json
- Plain text: https://secwatch.observer/filing/0001213900-24-015522.txt

## Key facts
- Earnings Releases
  RYTHM, Inc. reported the fiscal quarter ended December 31, 2023 results: net income $750 thousand.
  - Period: the fiscal quarter ended December 31, 2023
  - Net income: $750 thousand
  - Result: preliminary results
  source text: On February 21, 2024, Agrify Corporation (the “Company”) issued a press release with preliminary financial results for the fiscal quarter ended December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800637/000121390024015522/0001213900-24-015522-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.