RYTHM, Inc. 8K
0001213900-26-084896
View on SEC EDGARRYTHM, Inc. announced strong second quarter 2026 results and growing THC beverage momentum, while cautioning on regulatory uncertainty that prevents it from providing third-quarter guidance.
On August 4, 2026, RYTHM, Inc. reported its financial results for the second quarter ended June 30, 2026, highlighting a 73% sequential increase in revenue from continuing operations to $23.0 million, net income of $1.2 million, adjusted EBITDA of $6.4 million, and cash of $41.9 million driven by $8.7 million of operating cash flow, along with disclosure of its capital structure including approximately 2.2 million shares outstanding, 11.0 million warrants, and 3.0 million shares issuable upon conversion of convertible notes; the company also noted that fixed annual cash licensing fees of $70 million from Green Thumb Industries Inc. became effective April 1, 2026, that THC beverage depletions and hemp-derived product revenues grew significantly, and that it is withholding third-quarter 2026 outlook due to uncertainty around forthcoming federal law changes affecting hemp-derived THC products scheduled to take effect November 12, 2026.
Filing Facts
- CIK
- 1800637
- Ticker
- -
- Form
- 8K
- Source Type
- sec
- Accession
- 0001213900-26-084896
- Alert Tier
- 7