Core Insights - RYTHM, Inc. has reported significant growth in revenue and is strategically positioned in the THC beverage market, capitalizing on changing consumer preferences towards THC products over traditional alcohol [4][8]. Financial Performance - Revenue from continuing operations for Q3 2025 reached $4.0 million, a 98% increase from $2.0 million in the previous quarter [8]. - The company reported an operating loss of $8.9 million from continuing operations, compared to a loss of $6.8 million in the prior quarter [8][10]. - The net loss for the quarter was $10.7 million, up from a loss of $7.4 million in the previous quarter [10][11]. Strategic Developments - RYTHM has expanded its beverage portfolio with the launch of RYTHM Beverages and the successful rollout of Señorita THC Margaritas in over 1,000 Circle K stores and select Target locations [5][8]. - The company acquired a portfolio of brand intellectual property, including RYTHM, Dogwalkers, and Beboe, enhancing its market presence [8][10]. - The rebranding from Agrify Corporation to RYTHM, Inc. reflects a new strategic direction aimed at becoming a leader in the THC beverage market [3][8]. Market Positioning - The company is well-positioned to capture the growing demand for THC beverages, particularly among younger consumers seeking alternatives to alcohol [4][5]. - RYTHM's products are available through various channels, including physical retail locations and online delivery services, increasing accessibility [5][6]. Balance Sheet Highlights - As of September 30, 2025, RYTHM had a cash balance of $35.6 million and total assets of $115.2 million [12]. - Total liabilities amounted to $103.4 million, resulting in total equity of $11.7 million [12].

Core Insights - RYTHM, Inc. has reported significant growth in revenue, achieving $4.0 million in the third quarter of 2025, which is a 98% increase from $2.0 million in the previous quarter [8] - The company has launched new products and expanded its market presence, particularly with the Señorita THC Margaritas, which are now available in over 1,000 Circle K stores and select Target locations [5][8] - RYTHM is strategically positioned to capitalize on the growing demand for THC beverages, especially among younger consumers seeking alternatives to alcohol [4][5] Financial Performance - Revenue from continuing operations for Q3 2025 was $4.0 million, up from $2.0 million in Q2 2025 [8] - The operating loss from continuing operations was $8.9 million, compared to a loss of $6.8 million in the prior quarter [10] - The net loss for the third quarter was $10.7 million, compared to a net loss of $7.4 million in the previous quarter [10][11] Market Position and Strategy - RYTHM has acquired a portfolio of well-known THC brands, enhancing its market position and brand recognition [3][8] - The company is focusing on expanding its beverage portfolio and leveraging partnerships with major retailers to increase product accessibility [5][8] - RYTHM aims to establish itself as a leading player in the THC beverage market, emphasizing quality and innovative formulations [6][4] Operational Highlights - The Señorita THC Margaritas brand has gained traction, with significant retail partnerships marking a notable expansion in the convenience store sector [5][8] - The company has a cash balance of $35.6 million, providing a solid financial foundation for future growth initiatives [8][12] - RYTHM's total assets as of September 30, 2025, were reported at $115.2 million, with total equity of $11.7 million [12]

Core Insights - Agrify Corporation has acquired a portfolio of brand intellectual properties from Green Thumb Industries for US$50 million, paid via a convertible note, and will change its name to RYTHM, Inc. with a new Nasdaq ticker symbol "RYM" starting September 2, 2025 [1][6] Group 1: Acquisition Details - The acquired brands include RYTHM, Dogwalkers, Beboe, among others, and Agrify has entered into a licensing agreement allowing Green Thumb Industries to manufacture and distribute these brands [1][6] - This acquisition is seen as a strategic move to enhance Agrify's position in the well-being consumer space, aiming for rapid topline growth through licensing revenue and sales of hemp-derived THC products [2][3] Group 2: Market Position and Future Outlook - The Chairman and Interim CEO of Agrify stated that the demand for THC is increasing as consumers seek alternatives to alcohol, positioning the company favorably for revenue growth in both hemp-derived THC sales and brand licensing [3] - Following the acquisition, the company has approximately 2.0 million shares of common stock outstanding, with warrants for about 7.6 million shares and convertible notes that could equal approximately 6.7 million shares if converted [3]