RYTHM Q2 revenue $23M (+73% QoQ), net income $1.2M, adjusted EBITDA $6.4M

RYTHM, Inc.

Revenue from continuing operations $23.0M, up 73% from $13.3M prior quarter; net income $1.2M.
Adjusted EBITDA $6.4M vs breakeven prior quarter; cash from operations $8.7M, cash balance $41.9M.
THC beverage depletions record ~25,000 cases in June 2026 vs ~7,000 in June 2025; hemp-derived revenue up 67% sequentially.
Fixed annual licensing fees of $70M from Green Thumb Industries effective April 1, 2026; new partnerships with Lollapalooza, Opry, Navy Pier.
No Q3 2026 outlook provided due to regulatory uncertainty from federal law changes effective Nov 12, 2026.

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