RYM Q2 2023 Earnings — RYTHM, Inc. Revenue & Financial Results | Market Cap Arena

RYMRYTHM, Inc.

$40M

Q2 2023 Earnings

Industrials Agricultural - Machinery

Income Statement

Revenue

$5M-73.8% YoY

Gross Profit

$600,00011.8% margin

Operating Income

-$5M-105.5% margin

Net Income

-$7M-134.3% margin

EPS (Diluted)

$-65.87

QoQ Revenue Growth

-12.7%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$752,000

Balance Sheet

Total Assets

$45M

Total Liabilities

$65M

Stockholders' Equity

-$20M

Cash & Equivalents

$308,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$5M	$19M	-73.8%
Gross Profit	$600,000	$2M	-62.8%
Operating Income	-$5M	-$92M	+94.2%
Net Income	-$7M	-$75M	+90.9%