---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-025727"
form_type: "8-K"
ticker: "RYM"
cik: "0001800637"
company_name: "RYTHM, Inc."
filed_at: "2025-03-21T23:59:59+00:00"
generated_at: "2026-05-24T08:58:36.840909+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-025727
- form_type: 8-K
- ticker: RYM
- cik: 0001800637
- company_name: RYTHM, Inc.
- filed_at: 2025-03-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800637/000121390025025727/0001213900-25-025727-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800637/000121390025025727/ea0235055-8k_agrify.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-025727
- JSON: https://secwatch.observer/filing/0001213900-25-025727.json
- Plain text: https://secwatch.observer/filing/0001213900-25-025727.txt

## Key facts
- Executive change
  Brad Asher was appointed as Chief Financial Officer at RYTHM, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800637/000121390025025727/0001213900-25-025727-index.htm

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