RYTHM Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	35.57	31.17	0.43	10.46	12.01	8.11
Short-Term Investments	-	-	-	0.46	44.55	-
Cash & Short-Term Investments	35.57	31.17	0.43	10.92	56.56	8.11
Cash Growth	13223.22%	7082.03%	-96.03%	-80.70%	597.37%	3837.38%
Accounts Receivable	2.58	0.35	0.86	1.07	7.22	4.01
Other Receivables	0	0.24	0.35	0.42	0.09	0.17
Receivables	2.58	0.59	1.2	1.49	8.12	4.18
Inventory	4.62	2.62	5.91	21.44	20.5	5.17
Prepaid Expenses	1.07	0.32	0.61	0.58	1.21	0.2
Restricted Cash	-	-	-	10	-	-
Other Current Assets	0.05	-	15.85	0.46	0.35	0.98
Total Current Assets	43.89	34.69	24.01	44.89	86.74	18.64
Property, Plant & Equipment	-	0.69	1.12	12.25	7.71	0.87
Goodwill	9.71	9.71	-	-	50.09	0.63
Other Intangible Assets	61.5	8.9	-	-	14.07	1.69
Other Long-Term Assets	0.05	0.03	20.15	0.33	1.18	-
Total Assets	115.15	54.02	45.27	69.69	182.05	21.84
Accounts Payable	1.74	2.07	4.39	20.54	9.15	0.69
Accrued Expenses	5.99	7.58	5.87	9.38	10.16	1.93
Short-Term Debt	-	-	-	-	-	12.49
Current Portion of Long-Term Debt	10.62	10.52	5.21	28.83	1.09	7.14
Current Portion of Leases	-	0.26	0.21	0.89	0.97	0.15
Current Unearned Revenue	-	2.53	3.01	4.11	3.77	0.15
Other Current Liabilities	3.72	1.72	22.57	6.85	18.45	4.47
Total Current Liabilities	22.06	24.68	41.25	70.6	43.59	27.03
Long-Term Debt	80	0	16.05	0.41	0.01	0.83
Long-Term Leases	-	0.26	0.33	1.73	1	0.44
Other Long-Term Liabilities	1.37	1	2.35	5.99	0.03	-
Total Liabilities	103.43	25.93	59.98	78.73	44.62	28.29
Common Stock	0	0	-	0	-	0
Additional Paid-In Capital	338.91	335.4	250.86	237.88	196.03	19.83
Retained Earnings	-327.19	-307.54	-265.8	-247.15	-58.98	-26.51
Total Common Equity	11.72	27.86	-14.94	-9.27	137.06	-6.68
Minority Interest	-	0.23	0.23	0.23	0.37	0.23
Shareholders' Equity	11.72	28.09	-14.71	-9.04	137.42	-6.45
Total Liabilities & Equity	115.15	54.02	45.27	69.69	182.05	21.84
Total Debt	90.62	11.04	21.8	31.86	3.07	21.05
Net Cash (Debt)	-55.05	20.13	-21.36	-20.94	53.5	-12.94
Net Cash Per Share	-29.30	19.73	-214.92	-1506.08	-	-
Filing Date Shares Outstanding	2	1.95	0.92	0.11	-	-
Total Common Shares Outstanding	2	1.95	0.11	0.07	-	-
Working Capital	21.83	10.02	-17.24	-25.71	43.15	-8.39
Book Value Per Share	5.85	14.27	-131.73	-133.95	-	-
Tangible Book Value	-59.49	9.25	-14.94	-9.27	72.9	-9.01
Tangible Book Value Per Share	-29.71	4.74	-131.73	-133.95	-	-
Machinery	-	1.03	1.13	3.18	2.68	1.07
Construction In Progress	-	-	0.03	7.44	3.24	-
Leasehold Improvements	-	-	0.5	1.11	0.84	0.01

Updated Nov 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q