For the quarter ending 2026-03-31, RYM had $1,043K increase in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income (loss) | 19,922 | -13,606 | -19,651 |
| Depreciation and amortization | 3,443 | 3,626 | 2,530 |
| Non-cash interest expense | 750 | 925 | 1,904 |
| Amortization of debt discount | - | 0 | 0 |
| Non-cash tax benefit from release of valuation allowance | 25,593 | - | - |
| Loss on abandonment of cip projects | - | 0 | 0 |
| Impairment of long-lived assets | - | 8,471 | - |
| Lease expense | 14 | 36 | 120 |
| Loss on inventory write-down | - | 0 | - |
| Stock-based compensation expense | 570 | 545 | 1,612 |
| Gain on early termination of lease | - | 0 | 0 |
| Change in fair value of warrant liabilities | -105 | -671 | 372 |
| Gain on settlement of contingent liability | - | 0 | 0 |
| Change in provision for credit losses, net | -3 | 122 | 146 |
| Loss on disposal of cultivation business | - | -3,534 | 3,534 |
| Change in provision for inventory | -118 | -45 | -507 |
| Accounts receivable | -628 | 328 | 1,460 |
| Accounts receivable - related party | -335 | 6,524 | 454 |
| Inventory | -866 | -528 | 3,414 |
| Prepaid expenses and other current assets | -388 | 854 | 391 |
| Other non-current assets | - | 0 | -12 |
| Accounts payable | -742 | 471 | -320 |
| Accounts payable - related party | 370 | 92 | 60 |
| Accrued expenses and other current liabilities | -1,053 | -2,187 | -1,638 |
| Accrued expenses and other current liabilities - related party | 1,173 | 6,329 | 4,348 |
| Operating lease liabilities | -38 | -38 | -123 |
| Impairment of right-of-use assets | 0 | 0 | 24 |
| Gain on disposal of property and equipment | 0 | 0 | 2 |
| Change in contingent consideration | - | 0 | 0 |
| Gain on disposal of extraction business | 0 | 3,534 | - |
| Operating lease right-of-use assets | - | 0 | - |
| Contract liabilities | 0 | 0 | -1,167 |
| Net cash and cash equivalents provided by (used in) operating activities | 1,043 | -3,018 | -20,519 |
| Related party transaction with mc brands | - | 0 | 5,075 |
| Related party transaction with vcp | - | 0 | 50,000 |
| Purchases of property and equipment | - | 0 | - |
| Proceeds from disposal of property and equipment | - | 0 | 0 |
| Issuance of loans receivable | - | 0 | - |
| Proceeds from repayment of loan receivable | - | 0 | 0 |
| Net cash and cash equivalents used in investing activities | - | 0 | -55,075 |
| Proceeds from third-party notes payable | - | 0 | 8,000 |
| Repayments of notes payable | 0 | 0 | 3 |
| Payments for taxes related to net share settlement of equity awards | - | 337 | - |
| Proceeds from related party notes payable | - | 0 | 72,000 |
| Proceeds from issuance of common stock through an s-1 and pre-funded warrants offering | - | 0 | - |
| Proceeds from issuance of common stock through ionic stock subscription | - | 0 | 0 |
| Proceeds from exercise of s-1 prefunded warrants | - | - | 0 |
| Proceeds from issuance of related party notes | - | - | 0 |
| Proceeds from issuance of common stock in connection with private placement, net | - | 0 | - |
| Proceeds from exercise of pre-funded warrants | - | 0 | 0 |
| Payments on other financing loans | - | - | 0 |
| Payments on insurance financing loans | - | 0 | 0 |
| Net cash and cash equivalents used in financing activities continuing operations | 0 | -337 | 79,997 |
| Net increase (decrease) in cash and cash equivalents | 1,043 | -3,355 | 4,403 |
| Cash and cash equivalents at the beginning of period | 32,218 | 35,573 | 31,170 |
| Cash and cash equivalents at the end of period | 33,261 | 32,218 | 35,573 |
RYTHM, Inc. (RYM)
RYTHM, Inc. (RYM)