RYTHM, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Equivalents | $32.2M | $31.2M | $434.0K | $10.5M | $12.0M | $8.1M | $206.0K |
| Accounts Receivable | $9.3M | $30.0K | $855.0K | $1.1M | $7.2M | $4.0M | — |
| Inventory | $4.0M | $500.0K | $5.0M | $21.4M | $20.5M | $5.2M | — |
| Total Current Assets | $47.6M | $34.7M | $24.0M | $44.9M | $86.7M | $18.6M | — |
| Property, Plant & Equipment | — | $186.0K | $595.0K | $10.0M | $6.2M | $873.0K | — |
| Goodwill | $9.7M | $9.7M | — | — | $50.1M | $632.0K | — |
| Intangible Assets (Excl. Goodwill) | — | $8.9M | — | — | $14.1M | $1.7M | — |
| Total Assets | $106.7M | $54.0M | $45.3M | $69.7M | $182.0M | $21.8M | — |
| Liabilities | |||||||
| Accounts Payable | $2.3M | $825.0K | $4.4M | $20.5M | $9.2M | $693.0K | — |
| Total Current Liabilities | $43.0M | $24.7M | $41.2M | $70.6M | $43.6M | $27.0M | — |
| Long-Term Debt | $5.0M | $1.0K | $16.0M | $407.0K | $12.0K | $829.0K | — |
| Total Liabilities | $93.7M | $25.9M | $60.0M | $78.7M | $44.6M | $28.3M | — |
| Stockholders' Equity | |||||||
| Retained Earnings | $-340.8M | $-307.3M | $-265.8M | $-247.1M | $-59.0M | $-26.5M | — |
| Total Stockholders' Equity | $13.0M | $28.1M | $-14.7M | $-9.3M | $137.1M | $-6.7M | $-805.0K |