Agrify FY2024 revenue $9.7M (down 36% YoY); names Brad Asher CFO under shared services deal

RYTHM, Inc.

Revenue $9.7M for FY2024 vs $15.1M in FY2023; Q4 revenue $2.3M.
Operating loss from continuing ops $10.2M in FY2024 vs $13.0M in FY2023; loss on disposal of Cultivation $11.9M.
Appointed Brad Asher as CFO effective March 24, 2025; he will also serve as CFO-Hemp of Green Thumb.
Entered Shared Services Agreement with Green Thumb subsidiary; monthly fee max $72,552 for one-year term.
Cash balance $31.2M at year end; secured up to $20M convertible note and $25.9M private placement in late 2024.

item 1.01 item 2.02 item 5.02 item 9.01

Executive movements

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Appointed

Brad Asher

Chief Financial Officer

RYM · RYTHM, Inc.

Effective: 2025-03-24
Filed: March 21, 2025, 7:59 PM ET

On March 19, 2025, the Board of Directors of the Company appointed Brad Asher, 39, to serve as its Chief Financial Officer and its principal financial and accounting officer effective March 24, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Brad Asher was appointed as Chief Financial Officer at RYTHM, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On March 19, 2025, the Board of Directors of the Company appointed Brad Asher, 39, to serve as its Chief Financial Officer and its principal financial and accounting officer effective March 24, 2025.

View on SEC.gov

RYTHM, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-025727

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