NASDAQ : RYM
RYTHM, Inc. — Financial statements
Consumer Staples · Tobacco · United States
Last price 16.155 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 35.20M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
RYTHM, Inc. (RYM) reported revenue of 51.01M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 51.01M | 17.28M | 18.00K | 15.14M | 58.26M | 59.86M |
| Cost of Revenue | 12.66M | 7.09M | 89.00K | 11.12M | 90.05M | 54.62M |
| Gross Profit | 38.35M | 10.19M | -71.00K | 4.02M | -31.80M | 5.23M |
| Selling, General & Admin | 46.45M | 26.69M | 7.18M | 16.06M | 82.00M | 30.97M |
| Research & Development | 2.29M | 8.18M | 3.92M | |||
| Amortization of Goodwill & Intangibles | 6.10M | 6.10M | ||||
| Operating Expenses | 52.93M | 33.17M | 7.18M | 18.35M | 90.18M | 34.90M |
| Operating Income | -14.58M | -22.98M | -7.25M | -14.33M | -121.97M | -29.66M |
| Interest Expense | -6.38M | -3.20M | -256.00K | -2.15M | -8.75M | |
| Interest & Investment Income | 74.00K | |||||
| Other Non Operating Income (Expenses) | 364.00K | 799.00K | -17.90M | 6.05M | 52.78M | -31.00K |
| EBT Excluding Unusual Items | -20.59M | -25.38M | -25.41M | -10.43M | -77.95M | -29.62M |
| Merger & Restructuring Charges | -692.00K | -4.00M | ||||
| Impairment of Goodwill | -54.75M | |||||
| Gain (Loss) on Sale of Assets | -12.00K | |||||
| Asset Writedown | -8.47M | -8.47M | -18.07M | |||
| Legal Settlements | -887.00K | -887.00K | ||||
| Other Unusual Items | 2.18M | -2.99M | -36.83M | 1.32M | ||
| Pretax Income | -29.95M | -34.74M | -23.23M | -13.43M | -188.28M | -32.30M |
| Income Tax Expense | -26.80M | -2.00K | 2.00K | 23.00K | 25.00K | |
| Earnings From Continuing Operations | -3.15M | -34.74M | -23.23M | -13.43M | -188.31M | -32.33M |
| Earnings From Discontinued Operations | -10.00K | 1.48M | -18.52M | -5.22M | ||
| Net Income to Company | -3.17M | -33.26M | -41.75M | -18.65M | -188.31M | -32.33M |
| Minority Interest in Earnings | 1.00K | 134.00K | -140.00K | |||
| Net Income | -3.17M | -33.26M | -41.75M | -18.65M | -188.17M | -32.47M |
| Preferred Dividends & Other Adjustments | 17.64M | 61.00K | ||||
| Net Income to Common | -20.80M | -33.26M | -41.75M | -18.65M | -188.17M | -32.53M |
| Shares Outstanding (Basic) | 2.09M | 1.99M | 1.02M | 99.39K | 13.90K | |
| Shares Outstanding (Diluted) | 2.09M | 1.99M | 1.02M | 99.39K | 13.90K | |
| EPS (Basic) | -9.95 | -16.68 | -40.92 | -187.63 | -13,532.76 | |
| EPS (Diluted) | -9.95 | -16.68 | -40.92 | -187.63 | -13,532.76 | |
| Free Cash Flow | 1.30M | -23.54M | -11.58M | -31.03M | -80.16M | -32.37M |
| Free Cash Flow Per Share | 0.62 | -11.80 | -11.35 | -312.24 | -5,764.47 | |
| Gross Margin | 75.18% | 58.96% | 26.53% | -54.57% | 8.74% | |
| Operating Margin | -28.58% | -132.95% | -40,294.44% | -94.66% | -209.36% | -49.55% |
| Profit Margin | -40.78% | -192.43% | -231,922.22% | -123.16% | -322.99% | -54.34% |
| Free Cash Flow Margin | 2.54% | -136.19% | -64,350.00% | -204.95% | -137.58% | -54.07% |
| EBITDA | -2.18M | -16.82M | -5.83M | -12.55M | -118.93M | -28.40M |
| EBITDA Margin | -4.27% | -97.33% | -82.89% | -204.13% | -47.45% | |
| D&A For EBITDA | 12.40M | 6.16M | 1.42M | 1.78M | 3.05M | 1.26M |
| EBIT | -14.58M | -22.98M | -7.25M | -14.33M | -121.97M | -29.66M |
| EBIT Margin | -28.58% | -132.95% | -94.66% | -209.36% | -49.55% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 41.91M | 32.22M | 31.17M | 434.00K | 10.46M | 12.01M |
| Short-Term Investments | 460.00K | 44.55M | ||||
| Cash & Short-Term Investments | 41.91M | 32.22M | 31.17M | 434.00K | 10.92M | 56.56M |
| Accounts Receivable | 7.92M | 9.32M | 30.00K | 855.00K | 1.07M | 7.22M |
| Other Receivables | 132.00K | 170.00K | 347.00K | 424.00K | 86.00K | |
| Receivables | 8.05M | 9.32M | 200.00K | 1.20M | 1.49M | 8.12M |
| Inventory | 2.75M | 4.04M | 500.00K | 5.91M | 21.44M | 20.50M |
| Prepaid Expenses | 3.68M | 1.97M | 228.00K | 606.00K | 578.00K | 1.21M |
| Restricted Cash | 10.00M | |||||
| Other Current Assets | 2.60M | 15.85M | 463.00K | 353.00K | ||
| Total Current Assets | 56.40M | 47.55M | 34.69M | 24.01M | 44.89M | 86.74M |
| Property, Plant & Equipment | 1.11M | 12.25M | 7.71M | |||
| Goodwill | 9.71M | 9.71M | 9.71M | 50.09M | ||
| Other Intangible Assets | 8.90M | 14.07M | ||||
| Other Long-Term Assets | 42.48M | 49.41M | 715.00K | 20.15M | 326.00K | 1.18M |
| Total Assets | 135.38M | 106.68M | 54.02M | 45.27M | 69.69M | 182.05M |
| Accounts Payable | 2.67M | 2.34M | 825.00K | 4.39M | 20.54M | 9.15M |
| Accrued Expenses | 9.35M | 6.64M | 2.46M | 5.87M | 9.38M | 10.16M |
| Current Portion of Long-Term Debt | 80.62M | 30.62M | 10.52M | 5.21M | 28.83M | 1.09M |
| Current Portion of Leases | 207.00K | 886.00K | 970.00K | |||
| Current Unearned Revenue | 3.01M | 4.11M | 3.77M | |||
| Other Current Liabilities | 2.83M | 3.35M | 10.87M | 22.57M | 6.85M | 18.45M |
| Total Current Liabilities | 95.47M | 42.96M | 24.68M | 41.25M | 70.60M | 43.59M |
| Long-Term Debt | 50.00M | 1.00K | 16.05M | 407.00K | 12.00K | |
| Long-Term Leases | 331.00K | 1.73M | 997.00K | |||
| Other Long-Term Liabilities | 824.00K | 697.00K | 1.25M | 2.35M | 5.99M | 25.00K |
| Total Liabilities | 96.29M | 93.66M | 25.93M | 59.98M | 78.73M | 44.62M |
| Common Stock | 2.00K | 2.00K | 2.00K | 1.00K | ||
| Additional Paid-In Capital | 358.78M | 353.82M | 335.40M | 250.86M | 237.88M | 196.03M |
| Retained Earnings | -319.69M | -340.80M | -307.31M | -265.80M | -247.15M | -58.98M |
| Total Common Equity | 39.09M | 13.02M | 28.09M | -14.94M | -9.27M | 137.06M |
| Minority Interest | 230.00K | 231.00K | 365.00K | |||
| Shareholders' Equity | 39.09M | 13.02M | 28.09M | -14.71M | -9.04M | 137.42M |
| Total Liabilities & Equity | 135.38M | 106.68M | 54.02M | 45.27M | 69.69M | 182.05M |
| Total Debt | 80.62M | 80.62M | 10.52M | 21.80M | 31.86M | 3.07M |
| Net Cash (Debt) | -38.71M | -48.40M | 20.65M | -21.36M | -20.94M | 53.50M |
| Net Cash Per Share | -18.51 | -24.27 | 20.24 | -214.92 | -1,506.08 | |
| Filing Date Shares Outstanding | 2.18M | 2.15M | 1.95M | 915.29K | 110.08K | |
| Total Common Shares Outstanding | 2.18M | 2.15M | 1.95M | 113.42K | 69.22K | |
| Working Capital | -39.08M | 4.59M | 10.02M | -17.24M | -25.71M | 43.15M |
| Book Value Per Share | 17.94 | 6.06 | 14.39 | -131.73 | -133.95 | |
| Tangible Book Value | 29.37M | 3.31M | 9.48M | -14.94M | -9.27M | 72.90M |
| Tangible Book Value Per Share | 13.48 | 1.54 | 4.85 | -131.73 | -133.95 | |
| Machinery | 1.13M | 3.18M | 2.68M | |||
| Construction In Progress | 31.00K | 7.44M | 3.24M | |||
| Leasehold Improvements | 502.00K | 1.11M | 841.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -3.17M | -33.26M | -41.75M | -18.65M | -188.17M | -32.47M |
| Depreciation & Amortization | 12.40M | 6.16M | 1.90M | 3.05M | 1.26M | |
| Other Amortization | 24.00K | 420.00K | 10.00K | |||
| Loss (Gain) From Sale of Assets | -3.53M | -3.54M | 14.00K | -63.00K | 33.00K | -5.00K |
| Asset Writedown & Restructuring Costs | 8.47M | 8.49M | 31.00K | 72.82M | ||
| Loss (Gain) From Sale of Investments | 951.00K | |||||
| Stock-Based Compensation | 2.20M | 2.16M | 1.17M | 2.66M | 4.32M | 5.55M |
| Provision & Write-off of Bad Debts | 191.00K | 268.00K | -15.26M | 36.69M | 1.19M | |
| Other Operating Activities | -21.85M | 3.24M | 15.62M | -15.32M | 21.10M | -1.21M |
| Change in Accounts Receivable | -6.63M | -8.77M | 646.00K | 1.35M | 1.54M | -3.39M |
| Change in Inventory | -1.11M | -2.89M | 8.34M | 17.16M | -30.25M | -6.57M |
| Change in Accounts Payable | 475.00K | 303.00K | -4.56M | 108.00K | 11.24M | 1.13M |
| Change in Unearned Revenue | -1.17M | -578.00K | -93.00K | -625.00K | -3.30M | |
| Change in Other Net Operating Assets | 10.38M | 5.46M | 3.19M | -4.79M | -4.04M | 6.57M |
| Operating Cash Flow | 1.30M | -23.54M | -11.58M | -30.98M | -72.02M | -30.15M |
| Capital Expenditures | -59.00K | -8.13M | -2.22M | |||
| Sale of Property, Plant & Equipment | 311.00K | 101.00K | ||||
| Cash Acquisitions | -50.00M | -55.08M | -3.52M | -35.91M | ||
| Sale (Purchase) of Intangibles | -104.00K | |||||
| Investment in Securities | 10.46M | 34.32M | -44.47M | |||
| Other Investing Activities | 16.00K | -1.98M | ||||
| Investing Cash Flow | -50.00M | -55.08M | -54.00K | 25.18M | -2.32M | -104.74M |
| Long-Term Debt Issued | 80.00M | 14.45M | 4.44M | |||
| Total Debt Issued | 50.00M | 80.00M | 14.45M | 4.44M | ||
| Long-Term Debt Repaid | -3.00K | -377.00K | -11.79M | -38.09M | -148.00K | |
| Net Debt Issued (Repaid) | 50.00M | 80.00M | 14.08M | -7.35M | -38.09M | -148.00K |
| Issuance of Common Stock | 28.30M | 1.57M | 110.87M | 138.94M | ||
| Repurchase of Common Stock | -337.00K | -337.00K | ||||
| Other Financing Activities | 1.55M | |||||
| Financing Cash Flow | 49.66M | 79.66M | 42.37M | -4.23M | 72.78M | 138.79M |
| Net Cash Flow | 959.00K | 1.05M | 30.74M | -10.02M | -1.56M | 3.90M |
| Free Cash Flow | 1.30M | -23.54M | -11.58M | -31.03M | -80.16M | -32.37M |
| Free Cash Flow Margin | 2.54% | -136.19% | -64,350.00% | -204.95% | -137.58% | -54.07% |
| Free Cash Flow Per Share | 0.62 | -11.80 | -11.35 | -312.24 | -5,764.47 | |
| Levered Free Cash Flow | 359.62K | -21.68M | -5.15M | -426.38K | -86.50M | 598.88K |
| Unlevered Free Cash Flow | 4.35M | -19.67M | -4.99M | 890.25K | -81.45M | 640.88K |
| Cash Interest Paid | 9.00K | 76.00K | 4.97M | |||
| Change in Working Capital | 3.10M | -7.06M | 7.03M | 13.73M | -22.14M | -5.57M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 35.20M | 42.73M | 50.54M | 2.14M | 2.95M | 195.68M |
| Enterprise Value | 73.91M | 97.78M | 59.49M | 25.40M | 34.57M | 84.88M |
| Last Close Price | 16.16 | 21.34 | 28.99 | 18.84 | 99.90 | 27,599.99 |
| PS Ratio | 0.69 | 2.47 | 2,807.80 | 0.14 | 0.05 | 3.27 |
| PB Ratio | 0.90 | 3.28 | 1.80 | -0.14 | -0.33 | 1.42 |
| P/TBV Ratio | 1.20 | 12.92 | 5.33 | 2.68 | ||
| EV/Sales Ratio | 1.45 | 5.66 | 3,305.02 | 1.68 | 0.59 | 1.42 |
| Debt / Equity Ratio | 2.06 | 6.19 | 0.38 | -1.48 | -3.52 | 0.02 |
| Debt / FCF Ratio | 62.11 | |||||
| Net Debt / Equity Ratio | 0.99 | 3.72 | -0.73 | -1.45 | -2.32 | -0.39 |
| Net Debt / EBITDA Ratio | -17.76 | -2.88 | 3.54 | -1.70 | -0.18 | 1.88 |
| Net Debt / FCF Ratio | 29.82 | -2.06 | 1.78 | -0.69 | -0.26 | 1.65 |
| Asset Turnover | 0.50 | 0.21 | 0.00 | 0.26 | 0.46 | 0.59 |
| Inventory Turnover | 4.61 | 3.12 | 0.03 | 0.81 | 4.29 | 4.26 |
| Quick Ratio | 0.52 | 0.97 | 1.27 | 0.04 | 0.18 | 1.47 |
| Current Ratio | 0.59 | 1.11 | 1.41 | 0.58 | 0.64 | 1.99 |
| Return on Equity (ROE) | -10.51% | -169.01% | -347.25% | -293.35% | -49.36% | |
| Return on Assets (ROA) | -8.89% | -17.87% | -9.13% | -15.59% | -60.57% | -18.19% |
| Return on Capital Employed (ROCE) | -36.50% | -36.10% | -24.70% | -356.50% | 13,330.50% | -21.40% |
| Earnings Yield | -61.59% | -77.82% | -82.60% | -872.91% | -6,380.59% | -16.59% |
| FCF Yield | 3.69% | -55.08% | -22.92% | -1,452.62% | -2,717.91% | -16.54% |
| Buyback Yield / Dilution | -26.81% | -95.45% | -926.44% | -614.79% |