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Rythm Inc's Business Segments
Rythm Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
3
Largest Segment
Segment Continuing Operations
Total Revenue
$ 23
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Segment Continuing Operations0%
- License0%
- Nonlicensing Revenue38.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Segment Continuing Operations | $ 36 | - |
| License | $ 27 | - |
| Nonlicensing Revenue | $ 9 | 38.4% |
Revenue by Product & Service Category - FY
- License76%
- Nonlicensing Revenue24%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| License | $ 18 | 76% |
| Nonlicensing Revenue | $ 6 | 24% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Annual Results
Revenue Share by Reportable Segment - FY
- Segment Continuing Operations0%
- License0%
- Nonlicensing Revenue38.4%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Segment Continuing Operations | $ 36 | - |
| License | $ 27 | - |
| Nonlicensing Revenue | $ 9 | 38.4% |
Description of Rythm Inc
RYTHM, Inc. operates in the cannabis and hemp-derived products industry, focusing on the development, marketing, and sale of these products. The company operates within a complex regulatory environment governed by federal and state laws, including considerations related to the 2026 Appropriations Act and enforcement actions by agencies such as the FDA. RYTHM's business activities include managing growth, integrating complementary businesses and technologies, and maintaining brand awareness. The company relies on third-party manufacturers and other operational partners and depends on key personnel, including employees associated with Green Thumb. RYTHM faces competition from illicit markets and larger licensed cannabis sellers, as well as challenges related to public perception and legal issues in the cannabis and hemp sectors. Financially, the company carries substantial debt and encounters difficulties in forecasting sales and securing additional financing. It also manages risks associated with product liability, recalls, intellectual property protection, and licensing. RYTHM's operations are affected by evolving legislation, banking regulations, and potential opposition from other industries. The company's strategy involves addressing these risks while pursuing growth opportunities in a dynamic and volatile market.
