What does impairment of right of use assets mean?

Reflects the write-down of the carrying value of right-of-use assets when their recoverable amount is deemed lower than their book value. This indicates a potential decline in the utility or economic benefit of leased assets. Investors use this to identify operational inefficiencies or strategic shifts regarding leased property and equipment.

Agrify Corporation RYM Impairment Of Right Of Use Assets

Impairment Of Right Of Use Assets at other companies

MicrovisionMVIS

$9K-97.0%

Grand Canyon EducationLOPE

$275.75K—

Verra MobilityVRRM

$2.34M+5,401%

Ispire Technology Inc.ISPR

$151.52K—

ChargePointCHPT

$0—

KULR Technology GroupKULR

$337.75—

Other financials

Income statement

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Revenue$13.3M+2,370%

Gross profit$10.4M+11,452%

Operating income-$4.0M-9.0%

Net income$19.9M+1,325%

EPS (diluted)$1.33+260%

Balance sheet

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Cash & equivalents$33.3M+36.0%

Total debt$89.2M+695%

Total equity$36.6M+36.4%

Total assets$127.5M+180%

Cash flow

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Operating cash flow$1.0M+116%

CapEx$2.0K+100%

Free cash flow-$1.8M+15.5%

Valuation

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Market cap$54.76M+33.0%

Enterprise value$110.74M+43.3%

P/S1.8×—

Profitability

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Gross margin68.3%—

Operating margin-108.8%—

Net margin-39%—

FCF margin-244.9%+1,014pp

Returns & leverage

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Return on equity-36.9%—

Debt / equity2.4×+2.0×

Current ratio0.5×-1.0×

Where this comes from

Reported directly by Agrify Corporation in its filing.

Tagged under the XBRL concept agfy:ImpairmentOfRightOfUseAssets.

The official record: Agrify Corporation’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Agrify Corporation's impairment of right of use assets?: Agrify Corporation (RYM) reported impairment of right of use assets of $24K in Q1 2025.
What does impairment of right of use assets mean?: Reflects the write-down of the carrying value of right-of-use assets when their recoverable amount is deemed lower than their book value. This indicates a potential decline in the utility or economic benefit of leased assets. Investors use this to identify operational inefficiencies or strategic shifts regarding leased property and equipment.