Agrify (AGFY) - 2025 Q4 - Annual Results

Financial Performance - Revenue from continuing operations for Q4 2025 was $10.7 million, a 164% increase from $4.0 million in the prior quarter[6] - Gross profit for Q4 2025 was $8.0 million, representing 75% of revenue, up from $1.4 million or 34% of revenue in the prior quarter[6] - The company reported an operating loss from continuing operations of $12.9 million, primarily due to an $8.5 million non-cash impairment charge[6] - Total revenue for the year ended December 31, 2025, was $17.3 million, compared to $18,000 in 2024[13] - The net loss for the year was $33.3 million, with a loss per share of $16.68 attributable to common stockholders[13] Licensing and Revenue Generation - Licensing revenue for Q4 2025 was $7.0 million, contributing to total gross margins of approximately 75% for the quarter[7] - The company generated $7.8 million in licensing fees by licensing brands to Green Thumb Industries[6] Strategic Developments - RYTHM established a beverage retail footprint of over 6,000 locations across 18 states, including placement in over 800 Circle K stores[6] - The company acquired a portfolio of brand intellectual property, enhancing its strategic position in the THC market[6] Cash Position - The company ended the year with a cash balance of $32.2 million and approximately 2.1 million shares outstanding[6]