Agrify (US:AGFY)2025-11-07 12:05Financial Performance - Revenue from continuing operations for Q3 2025 was $4.0 million, representing a 98% increase from $2.0 million in the prior quarter[8] - Operating loss from continuing operations was $8.9 million, compared to a loss of $6.8 million in the previous quarter[8] - Cash balance as of September 30, 2025, was $35.6 million[8] - Total assets as of September 30, 2025, were $115.2 million[14] - Total equity as of September 30, 2025, was $11.7 million[14] Product Launches - The Señorita THC Margaritas launched in over 1,000 Circle K convenience stores, marking the largest rollout of hemp-derived THC beverages in the U.S.[8] - Señorita THC Margaritas also debuted in select Minnesota Target stores as part of a pilot program for THC beverages[8] Company Developments - The company acquired a portfolio of brand intellectual property, including RYTHM, Dogwalkers, and Beboe, on August 27, 2025[8] - The company changed its name to RYTHM, Inc. and began trading on the Nasdaq under the symbol "RYM" on September 2, 2025[8] Market Positioning - The company is positioned to capture growing demand for THC beverages, particularly among younger consumers seeking alternatives to alcohol[6]