RYTHM, Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $23.0M | $13.3M | $10.7M | $4.0M | $2.0M | $538.0K | $-7.5M | $1.9M |
| Cost of Revenue | $4.5M | $2.9M | $2.6M | $2.7M | $1.4M | $448.0K | $-5.9M | $1.7M |
| Gross Profit | $18.5M | $10.4M | $8.0M | $1.4M | $682.0K | $90.0K | $-1.6M | $225.0K |
| Gross Margin | 80.5% | 78.3% | 75.5% | 34.0% | 33.4% | 16.7% | 21.2% | 11.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | $115.0K | $168.0K |
| SG&A Expense | $16.6M | $14.4M | $12.5M | $10.3M | $7.5M | $3.8M | $3.7M | $1.2M |
| Operating Income | $1.9M | $-4.0M | $-12.9M | $-8.9M | $-6.8M | $-3.7M | $-3.4M | $-1.2M |
| Operating Margin | 8.4% | -30.4% | -121.5% | -219.8% | -332.9% | -687.9% | 44.7% | -63.1% |
| Interest Expense | — | — | $1.9M | $1.4M | $548.0K | $250.0K | $156.0K | $0 |
| Pretax Income | $-21.0K | $-5.7M | $-13.6M | $-10.6M | $-7.2M | $-3.3M | $-5.8M | $-16.4M |
| Income Tax Expense | $-1.2M | $-25.6M | — | — | — | — | — | $-150.0K |
| Net Income | $1.2M | $19.9M | $-13.6M | $-10.7M | $-7.4M | $-1.6M | $-24.4M | $-18.7M |
| Net Margin | 5.1% | 149.9% | -127.6% | -263.8% | -360.4% | -302.2% | 324.4% | -964.4% |
| EPS (Basic) | $0.09 | $1.53 | $-6.78 | $-5.33 | $-3.74 | $-0.83 | $-29.69 | $-1.73 |
| EPS (Diluted) | $0.09 | $1.33 | $-6.78 | $-5.33 | $-3.74 | $-0.83 | $-24.26 | $-1.73 |
| Shares Outstanding (Basic) | 2.2M | 2.1M | 2.0M | 2.0M | 2.0M | 2.0M | 1.0M | 10.8M |
| Shares Outstanding (Diluted) | 2.3M | 5.2M | 2.0M | 2.0M | 2.0M | 2.0M | 1.0M | 10.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |