RYM

Shares of RYTHM, Inc. RYM have gained 21.9% since the company reported its earnings for the quarter ended June 30, 2026, compared with the 3% growth in the S&P 500 index over the same period. Over the past month, however, the stock has declined 2.4% against the 2.5% growth for the S&P 500. RYTHM reported second-quarter 2026 earnings of 9 cents per share against a loss of $3.74 per share in the prior-year period. Revenues of $23 million denoted a sharp rise from $2 million in the year-ago quarter. Net income was $1.2 million, reversing a net loss of $7.4 million a year earlier. Gross profit increased to $18.5 million from $0.7 million, while the company generated operating income from continuing operations of $1.9 million compared with an operating loss of $6.8 million a year ago. RYTHM, Inc. price-consensus-eps-surprise-chart | RYTHM, Inc. Quote Adjusted EBITDA reached $6.4 million compared with an adjusted EBITDA loss of $5.5 million in the year-ago quarter. EBITDA was $5.2 million versus a loss of $6.5 million. The quarter included $0.6 million of stock-based compensation, a $0.2 million change in the fair value of warrant liabilities and $0.4 million of exceptional items. Cash and cash equivalents stood at $41.9 million as of June 30, 2026, while operating activities generated $9.7 million of cash during the first six months of 2026, compared with cash usage of $15.1 million in the corresponding 2025 period. THC beverage depletions reached a record of approximately 25,000 cases across 18 states in June, up from approximately 7,000 cases in June 2025. Hemp-derived product revenues also increased 67% sequentially, supported by THC beverage distribution and direct-to-consumer channels. Chairman and Interim CEO Ben Kovler characterized the period as a record quarter, noting that revenues grew 73% sequentially and exceeded the company's prior guidance for 65% growth. Management attributed the performance to accelerating momentum in THC beverages and the first full quarter under RYTHM's amended licensing agreement with Green Thumb Industries. Kovler also pointed to rising beverage depletions as evidence of consumer demand through traditional retail channels, including liquor, convenience and grocery outlets. Management nevertheless acknowledged limited near-term visibility because of uncertainty surrounding the regulatory environment for THC beverages. The company said it remains confident in the category's long-term viability and plans to focus on disciplined execution and building its THC brand portfolio. The amended Green Thumb Industries licensing arrangement was an important contributor to the quarter, with fixed annual cash licensing fees of $70 million taking effect April 1. Growth in hemp-derived products and THC beverage distribution provided another tailwind. Meanwhile, operating expenses increased to $16.6 million from $7.5 million a year earlier. Net income also benefited from a $1.2 million income-tax benefit; before taxes, continuing operations recorded a loss of $0.02 million. Interest expense, net, increased to $1.7 million from $0.3 million. During the period, RYTHM expanded its presence at live-entertainment venues. Señorita was named the official THC beverage partner of the Lollapalooza music festival and Opry Entertainment Group venues, while RYTHM became the official THC beverage partner of Chicago's Navy Pier. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RYTHM, Inc. (RYM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ROLLING MEADOWS, Ill., Aug. 04, 2026 (GLOBE NEWSWIRE) -- RYTHM, Inc. (Nasdaq: RYM) (“RYTHM” or the “Company”), America’s THC Company whose portfolio of trusted THC brands includes RYTHM, Señorita, incredibles, Beboe, and Dogwalkers, today announced financial results for the second quarter ended June 30, 2026. Highlights for the second quarter ended June 30, 2026: Revenue from continuing operations of $23.0 million, up 73% from $13.3 million in the prior quarter. Cash increased to $41.9 million driven by cash flow from operations of $8.7 million. Net income of $1.2 million. Adjusted EBITDA of $6.4 million compared to approximately breakeven in the prior quarter. At quarter end, the Company had approximately 2.2 million shares outstanding, as well as 11.0 million warrants outstanding and 3.0 million shares issuable upon conversion of outstanding convertible notes (excluding shares issuable upon conversion from accrued interest). See definitions and reconciliation of non-GAAP measures elsewhere in this release. Recent Developments Fixed annual cash licensing fees of $70 million from Green Thumb Industries Inc. took effect April 1, 2026. Señorita named the official THC beverage partner of Lollapalooza music festival and Opry Entertainment Group venues, and RYTHM the official THC beverage partner of Chicago's Navy Pier, expanding the Company’s existing brand presence at premier live entertainment destinations across the country. THC beverage depletions¹ increased to a record of approximately 25,000 cases across 18 states in the month of June, compared to approximately 7,000 in June 2025. Hemp-derived product revenue increased 67% sequentially, driven by continued growth in THC beverage distribution and direct-to-consumer channels. Due to uncertainty stemming from forthcoming changes in federal law affecting hemp-derived THC products, scheduled to take effect November 12, 2026, the Company is not providing an outlook for the third quarter of 2026 at this time. ¹ Depletions represent U.S. distributor shipments of the Company’s branded THC beverages to retailers, measured in 24-can case equivalents, based on third-party data. Management Commentary "The Company delivered a record second quarter, with revenue growing 73% sequentially and exceeding prior guidance of 65% growth. This performance reflects accelerating momentum in THC beverages and the first full quarter of our amended licensing agreement with Green Thumb Industries," said RYTHM, Inc. Chairman and Interim Chief Executive Officer Ben Kovler. "That strength was underscored by robust depletion growth across the category, a clear signal of real consumer demand for THC beverages sold in traditional retail channels, including liquor, convenience, and grocery." "The quarter was also defined by the growing role of THC beverages in premier live entertainment venues, as we continued to expand our partnership roster. New collaborations with Lollapalooza music festival, Opry Entertainment Group and Chicago's Navy Pier bring Señorita and RYTHM to some of the most storied stages in America, reflecting a broader shift in how leading venues and concessionaires are responding to evolving consumer preferences for a non-alcoholic alternative. As America's THC Company, we are meeting consumers wherever they gather — from everyday moments to memorable occasions.” "As we move through the summer season, we recognize the regulatory environment for THC beverages remains uncertain, with limited near-term visibility. That said, there is no wavering in our conviction on the long-term viability of this category and the durability of the demand behind it. In this dynamic operating environment, we remain focused on the factors within our control: executing with discipline and continuing to build iconic brands that consumers trust. With a scalable platform now in place, the Company has multiple paths to realize the long-term value of America's leading portfolio of THC brands." The Company’s products are available direct to consumers at the following websites: Señorita THC Margaritas: https://www.senoritadrinks.com/ 1777 by Señorita: https://www.1777spirit.com RYTHM Beverages: https://rythmdrinks.com/ incredibles Edibles: https://iloveincredibles.com/ Beboe Edibles: https://beboe.com/ Non-GAAP Financial Information This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission. Reconciliations of these non-GAAP financial measures to the most directly comparable financial measure calculated and presented in accordance with generally accepted accounting principles (“GAAP”) are included in the financial schedules attached to this press release. This information should be considered as supplemental in nature and not as a substitute for, or superior to, any measure of performance prepared in accordance with GAAP. Definitions EBITDA: Income (loss) from continuing operations before: net interest (expense) income, provision for income taxes, and depreciation and amortization. Adjusted EBITDA: EBITDA before stock-based compensation, change in fair value of warrant liabilities and exceptional items. About RYTHM, Inc. RYTHM, Inc.’s portfolio of THC brands includes the most recognized and trusted names in the cannabis and hemp industries, including RYTHM, incredibles, Dogwalkers, Beboe, Señorita THC Margaritas, &Shine, Doctor Solomon’s, and Good Green. With products available in thousands of physical locations and online, supported by an iconic lineup of brands rooted in quality and safety, RYTHM, Inc. is cementing its position as America’s THC Company. Through a focus on innovation, the Company is continually shaping THC experiences to meet the evolving preferences of consumers across the country. Learn more and explore the full brand portfolio at https://rythminc.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning RYTHM, Inc. and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements including, without limitation, statements regarding future financial results, regulatory trends, potential annual licensing revenue, continued momentum for hemp-derived beverages, potential trends in the hemp-derived beverage and alcohol markets, and consumer trends. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “opportunity,” “looms” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including the risk that Congress does not amend or repeal the pending federal prohibition on hemp-derived THC products prior to its November 2026 effective date as well as those described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our most recent Annual Report on Form 10-K, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC. Investor [email protected] Media [email protected]

Shares of RYTHM, Inc. RYM have declined 6.5% since the company reported earnings for the quarter ended March 31, 2026, compared with the S&P 500 index’s 2.9% growth over the same period. Over the past month, the stock has gained 9.1% compared with the S&P 500’s 8.6% change, reflecting investor caution despite improving operating trends and upbeat near-term revenue expectations. RYTHM reported first-quarter 2026 earnings per share from continuing operations of $1.33 against a loss of $1.68 per share a year ago. Revenue from continuing operations of $13.3 million indicated a sharp increase from $0.5 million in the year-ago quarter. Gross profit climbed to $10.4 million from $0.09 million a year earlier, while gross margin came in at 78%. Net income from continuing operations totaled $19.9 million compared with a loss of $3.3 million in the prior-year period, aided by a $25.6 million non-cash income tax benefit. RYTHM, Inc. price-consensus-eps-surprise-chart | RYTHM, Inc. Quote Adjusted EBITDA was approximately breakeven at a loss of $0.02 million, improving significantly from a loss of $2.8 million in the year-ago quarter. EBITDA loss narrowed to $0.5 million from $2.9 million a year earlier, underscoring operating leverage as revenues scaled. Operating cash flow turned positive at $1 million compared with an outflow of $6.7 million in the prior-year quarter. The company ended the quarter with cash and cash equivalents of $33.3 million. At quarter-end, RYTHM had approximately 2.1 million shares outstanding, alongside 11 million warrants and 3 million shares issuable upon conversion of outstanding convertible notes, excluding interest. Total assets stood at $127.5 million, while total equity was $36.6 million. Chairman and interim chief executive officer Ben Kovler said the company carried momentum into 2026, supported by sequential revenue growth, strong gross margins and a solid cash position. He emphasized that the company’s licensing structure with Green Thumb Industries provides predictable annual revenue streams and positions the company to benefit from rising consumer demand for THC products. Management also highlighted growth opportunities in THC beverages, noting that demand remains robust despite uncertainty tied to a potential federal hemp ban. Kovler said the company’s products are increasingly available in mainstream retail channels such as grocery stores, convenience stores, arenas and concert venues. He added that THC beverages are emerging as a major category, with Señorita and RYTHM positioned as leading brands. The quarter’s results were driven by expanding distribution, stronger brand penetration and the benefits of the company’s licensing agreements. Revenue growth was accompanied by higher gross margins, reflecting operating efficiencies and a favorable product mix. The company also benefited from a substantial non-cash tax benefit that boosted reported profitability. RYTHM continued broadening its product portfolio during the quarter. The company expanded its incredibles product lineup with Peanut Buddah Cups and Strawberry Supernova Comets. It also launched 1777 by Señorita, described as the company’s first non-alcoholic hemp-derived THC spirit. RYTHM expects second-quarter 2026 revenue of approximately $22 million, implying sequential growth of about 65% from the first quarter. Management pointed to continued momentum across THC beverages and branded products as key drivers of the outlook. During the quarter, the company amended brand intellectual property license agreements with Green Thumb Industries to establish fixed annual cash licensing fees of $70 million, with annual increases linked to inflation. Management said the revised structure provides greater predictability in annual revenue generation and supports long-term growth initiatives. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report RYTHM, Inc. (RYM) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ROLLING MEADOWS, Ill., May 05, 2026 (GLOBE NEWSWIRE) -- RYTHM, Inc. (Nasdaq: RYM) (“RYTHM” or the “Company”), America’s THC Company whose portfolio of trusted THC brands includes RYTHM, Señorita, incredibles, Beboe, and Dogwalkers, today announced financial results for the first quarter ended March 31, 2026. Highlights for the first quarter ended March 31, 2026: Revenue from continuing operations of $13.3 million, up 24% from $10.7 million in the prior quarter. Gross profit from continuing operations of $10.4 million, or 78% of revenue, compared to $8.0 million, or 75% of revenue, in the prior quarter. Net income from continuing operations of $19.9 million, driven by a $25.6 million non-cash income tax benefit. Adjusted EBITDA approximately breakeven with cash flow from operations of $1.0 million. Cash balance of $33.3 million. At quarter end, the Company had approximately 2.1 million shares outstanding, as well as 11.0 million warrants outstanding and 3.0 million shares issuable upon conversion of outstanding convertible notes (excluding interest). See definitions and reconciliation of non-GAAP measures elsewhere in this release. Recent Developments and Second Quarter 2026 Outlook Amended brand intellectual property license agreements with Green Thumb Industries Inc. to establish fixed annual cash licensing fees of $70 million, with annual increases tied to inflation. Expanded incredibles offerings to include Peanut Buddah Cups and Strawberry Supernova Comets. Launched 1777 by Señorita, the Company’s first non-alcoholic hemp-derived THC spirit. The Company expects second quarter 2026 revenues of approximately $22 million, representing 65% sequential growth. Management Commentary “RYTHM carried momentum into 2026, delivering 24% sequential revenue growth and 78% gross margin in the first quarter, ending the period with approximately $33 million in cash,” said RYTHM, Inc. Chairman and Interim Chief Executive Officer Ben Kovler. “Together with our long-term licensing structure that provides predictable annual revenue, we are building a strong foundation to serve growing consumer demand for THC. RYTHM is America’s THC Company, and as a Nasdaq-listed company with a portfolio of leading THC brands, RYTHM has a differentiated position in the market.” “According to BDSA, the nation’s leading data source for the cannabis industry, RYTHM-licensed brands continued to lead key categories in the first quarter of 2026, with RYTHM ranking number one nationally in branded flower and Dogwalkers ranking number one nationally in uninfused pre-rolls. Brand leadership is important. We have brands consumers trust, and through our licensing relationship with Green Thumb, we have a structure we believe can realize that value.” “Consumer demand for THC beverages remains strong, even as a potential federal hemp ban looms. Americans want safe, trusted THC in accessible locations, and we are delivering. From convenience and grocery stores to arenas and concert venues, RYTHM brands are available where American consumers shop. THC beverages are emerging as a major category, with Señorita and RYTHM leading the way. New products are continuing to hit shelves, like 1777 by Señorita, our first non-alcoholic THC spirit, which had a successful launch at the end of April. With brands built to lead across regulated and direct-to-consumer channels, RYTHM has multiple paths to build long-term value, and we have a great team to make it all happen.” The Company’s products are available direct to consumers at the following web pages: Señorita THC Margaritas: https://www.senoritadrinks.com/ 1777 by Señorita: https://www.1777spirit.com RYTHM Beverages: https://rythmdrinks.com/ incredibles: https://iloveincredibles.com/ Non-GAAP Financial Information This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission. Reconciliations of these non-GAAP financial measures to the most directly comparable financial measure calculated and presented in accordance with generally accepted accounting principles (“GAAP”) are included in the financial schedules attached to this press release. This information should be considered as supplemental in nature and not as a substitute for, or superior to, any measure of performance prepared in accordance with GAAP. Definitions EBITDA: Income (loss) from continuing operations before: net interest (expense) income, provision for income taxes, and depreciation and amortization. Adjusted EBITDA: EBITDA before stock-based compensation and change in fair value of warrant liabilities. About RYTHM, Inc. RYTHM, Inc.’s portfolio of THC brands includes the most recognized and trusted names in the cannabis and hemp industries, including RYTHM, incredibles, Dogwalkers, Beboe, Señorita THC Margaritas, &Shine, Doctor Solomon’s, and Good Green. With products available in thousands of physical locations and online, supported by an iconic lineup of brands rooted in quality and safety, RYTHM, Inc. is cementing its position as America’s THC Company. Through a focus on innovation, the Company is continually shaping THC experiences to meet the evolving preferences of consumers across the country. Learn more and explore the full brand portfolio at https://rythminc.com/. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning RYTHM, Inc. and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements including, without limitation, statements regarding future financial results, regulatory trends, potential annual licensing revenue, continued momentum for hemp-derived beverages, potential trends in the hemp-derived beverage and alcohol markets, and consumer trends. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “opportunity,” “looms” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including the risk that Congress does not amend or repeal the pending federal prohibition on hemp-derived THC products prior to its November 2026 effective date as well as those described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our most recent Annual Report on Form 10-K, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC. Investor Contact [email protected] Media Contact [email protected]

ROLLING MEADOWS, Ill., March 03, 2026 (GLOBE NEWSWIRE) -- RYTHM, Inc. (Nasdaq: RYM) (“RYTHM” or the “Company”), which delivers well-being to consumers through its portfolio of iconic brands and hemp-derived THC products including Señorita THC Margaritas, incredibles, and RYTHM Beverages, today announced financial results for the fourth quarter and full year ended December 31, 2025. Highlights for the fourth quarter ended December 31, 2025: Revenue from continuing operations of $10.7 million, up 164% from $4.0 million in the prior quarter. Gross Profit from continuing operations of $8.0 million or 75% of revenue, up from $1.4 million or 34% of revenue in the prior quarter. Operating loss from continuing operations of $12.9 million, primarily driven by an $8.5 million non-cash impairment charge. Cash balance of $32.2 million. At year end, the Company had approximately 2.1 million shares outstanding, as well as warrants convertible into 10.9 million shares, and 3.0 million shares issuable upon conversion of convertible notes (excluding interest). Highlights for the year ended December 31, 2025: Acquired portfolio of brand intellectual property including RYTHM, Dogwalkers, incredibles, Beboe, and others. Generated $7.8 million in licensing fees by licensing brands to cannabis operator Green Thumb Industries. Established a beverage retail footprint of over 6,000 locations across 18 states. Secured placement of Señorita THC Margaritas in over 800 Circle K stores as part of the largest U.S. convenience store rollout of hemp-derived THC beverages to date. Launched Señorita THC Margaritas and RYTHM Beverages at Chicago’s United Center through a multi-year partnership, making the brands the first THC beverages available at a major U.S. arena. Management Commentary “2025 was a transformational year for RYTHM, Inc., marked by a new name, a new ticker, and a new strategic direction as we expanded our role in the THC category, with RYTHM, Dogwalkers, and Señorita leading the way,” said Chairman and Interim CEO Ben Kovler. “We exited the year with fourth quarter licensing revenue of $7.0 million, which was a key contributor to the Company’s total gross margins of approximately 75% for the quarter. The licensing revenue from our most recent brand acquisition began November 1, resulting in two months of contribution reflected in the fourth quarter. “THC has faced persistent structural and regulatory headwinds, but consumer demand continues to rise. We believe consumers deserve access to safe, high-quality THC products where they already live, shop, and gather, and we have worked relentlessly to make that a reality. In a historic first, we launched a partnership with Chicago’s United Center, making Señorita and RYTHM the first THC beverages to be offered at a major U.S. arena. Bringing THC to the nation’s largest arena is a powerful example of real progress with a world-class partner who recognizes evolving consumer demand. “Even as federal policy continues to lag consumer reality, we remain focused on providing consumers with iconic brands they trust. Our brands are performing extremely well across diverse U.S. markets at a time when THC consumption continues to grow and Americans just say no to alcohol. As the hemp and cannabis market continues to evolve globally, we believe owning leading U.S. brands provides long-term strategic value.” About Us RYTHM, Inc.’s portfolio of hemp-derived THC products delivers well-being to millions of Americans every year, and its brands are among the most recognized and trusted names in the cannabis and hemp industries, including RYTHM, incredibles, Dogwalkers, Beboe, Señorita THC Margaritas, &Shine, Doctor Solomon’s and Good Green. RYTHM, Inc. products are rooted in quality, safety and innovation and are available in thousands of physical locations and online channels. The Company is deeply committed to shaping THC experiences that enhance the daily lives of American consumers. Learn more and explore the full brand portfolio at www.RYTHMinc.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning RYTHM, Inc. and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements including, without limitation, statements regarding future financial results, regulatory trends, potential annual licensing revenue, continued momentum for hemp-derived beverages, and potential trends in the hemp-derived beverage and alcohol markets. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including the risk that Congress does not amend or repeal the pending federal prohibition on hemp-derived THC products prior to its November 2026 effective date as well as those described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our most recent Annual Report on Form 10-K, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC. Investor Contact [email protected] Media Contact [email protected] RYTHM, Inc. Highlights from Unaudited Condensed Consolidated Statements of Operations For the Three and Twelve Months Ended December 31, 2025 and December 31, 2024 (Amounts Expressed in Thousands of United States Dollars, Except for Share Amounts) (1) Periods presented have been adjusted to retroactively reflect the 1-for-15 reverse stock split on October 8, 2024. Additional information regarding reverse stock splits may be found in Note 1 – Overview, Basis of Presentation, and Significant Accounting Policies, included in the notes to the condensed consolidated financial statements. RYTHM, Inc. Highlights from Unaudited Condensed Consolidated Balance Sheet (Amounts Expressed in Thousands of United States Dollars) RYTHM, Inc. Highlights from Unaudited Condensed Consolidated Statement of Cash Flows For the Year Ended December 31, 2025 and 2024 (Amounts Expressed in Thousands of United States Dollars)

ROLLING MEADOWS, Ill., Nov. 07, 2025 (GLOBE NEWSWIRE) -- RYTHM, Inc. (Nasdaq: RYM) (“RYTHM” or the “Company”) (formerly known as Agrify Corporation), which delivers well-being to consumers through its portfolio of iconic licensed brands and hemp-derived THC products including Señorita THC Margaritas and RYTHM, today announced financial results for the quarter ended September 30, 2025. Third Quarter 2025 Financial Results Revenue from continuing operations of $4.0 million, up 98% from $2.0 million in the prior quarter. $8.9 million operating loss from continuing operations. Cash balance of $35.6 million. Approximately 2.0 million shares, 7.6 million warrants outstanding and 6.2 million shares issuable upon conversion of outstanding convertible notes (excluding interest) as of September 30, 2025. Recent Developments The Company’s Señorita THC Margaritas launched in global convenience store chain Circle K, rolling out to over 1,000 stores across the country, marking the largest convenience store hemp-derived THC beverage rollout to date in the U.S. Señorita THC Margaritas launched in select Minnesota Target stores as part of the retailer’s pilot program for hemp-derived THC beverages. On August 27, 2025, the Company acquired a portfolio of brand intellectual property (the “Brands”), including RYTHM, Dogwalkers, Beboe and others. Concurrent with this acquisition, the Company entered into licensing agreements for the Brands to be manufactured and distributed. On September 2, 2025, the Company changed its name to RYTHM, Inc. and began trading on the Nasdaq Capital Market under the symbol “RYM.” Management Commentary “It’s a new day, a new name and a new strategic direction for RYTHM, Inc.,” said Chairman and Interim CEO Ben Kovler. “We now own some of the most iconic and trusted THC brands, including RYTHM, Dogwalkers, incredibles, Beboe and others. “Adult consumers, especially younger generations, are increasingly choosing THC beverages as an alternative to alcohol, creating a long tailwind for growth. With both licensing and direct revenue streams, RYTHM is well-positioned to capture this demand and execute our strategy as America’s THC Company. “In the third quarter, we expanded our beverage portfolio with the launch of RYTHM Beverages, and built on the strong momentum of Señorita, our award-winning THC margarita brand. In October, Señorita debuted in select Minnesota Target stores as part of the retailer’s first foray into THC beverage sales. In addition, Señorita began rolling out to over 1,000 Circle K convenience stores nationwide. These partnerships reflect the growing acceptance and accessibility of THC products, which are also available online and through delivery services like DoorDash and GoPuff. “As THC beverages continue to gain mainstream traction, our great-tasting flavors and better-for-you formulations give us a strong competitive advantage in a rapidly growing category. We believe the market has real momentum, and both Señorita and RYTHM are ready to deliver what Americans want—without the hangover.” About Us RYTHM’s portfolio of hemp-derived THC products delivers well-being to millions of Americans every year, and its brands are among the most recognized and trusted names in the cannabis and hemp industries, including RYTHM, incredibles, Dogwalkers, Beboe, Señorita THC Margaritas, &Shine, Doctor Solomon’s and Good Green. RYTHM products are rooted in quality, safety and innovation and are available in thousands of physical locations and online channels. The Company is deeply committed to shaping THC experiences that enhance the daily lives of American consumers. Learn more and explore the full brand portfolio at www.RYTHMinc.com. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning RYTHM and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements including, without limitation, statements regarding future financial results, alternatives for the extraction business, potential growth opportunities and plans for expansion, including potential growth of the Señorita brand, RYTHM’s ability to form partnerships and elevate brand visibility, and potential trends in the hemp-derived beverage and alcohol markets. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission (“SEC”), including under the caption “Risk Factors” in our Annual Report on Form 10-K filed for the year ended December 31, 2024 with the SEC, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC. Investor Contact: RYTHM Investor Relations [email protected] Media Contact: RYTHM Communications [email protected]