secwatch.observer — SEC 8-K summary
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Issuer:     RYTHM, Inc. (RYM)
CIK:        0001800637
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0001213900-25-025727
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800637/000121390025025727/0001213900-25-025727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800637/000121390025025727/ea0235055-8k_agrify.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-025727

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