---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-098399"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2024-11-14T23:59:59+00:00"
generated_at: "2026-05-30T00:34:22.828536+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Agrify Q3 2024 revenue $1.9M, net loss $18.6M; appoints Ben Kovler interim CEO, plans acquisition

## Summary
- Revenue $1.9M, gross profit $0.2M; net loss $18.6M includes $15M change in warrant liability.
- Ben Kovler appointed Chairman and Interim CEO effective Nov 5, 2024.
- Signed non-binding LOI to acquire Señorita hemp-derived THC drink brand (Nov 12, 2024).
- Secured up to $20M convertible note financing from Green Thumb Industries, initial $10M drawn.
- Shares outstanding: ~1.5M common, 6.3M warrants as of Nov 14, 2024.

## SEC filing metadata
- accession: 0001213900-24-098399
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2024-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390024098399/0001213900-24-098399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390024098399/ea0221114-8k_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-098399
- JSON: https://secwatch.observer/filing/0001213900-24-098399.json
- Plain text: https://secwatch.observer/filing/0001213900-24-098399.txt

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