| Annual · values | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -43.44 M USD | 4.60 M USD | -195.24 M USD | -37.03 M USD | -28.29 M USD | -3.43 M USD |
| Depreciation & Amortization | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | — | — |
| Capital Expenditures | — | — | — | — | — | — |
| Cash Flow from Investing | — | — | — | — | — | — |
| Cash Flow from Financing | — | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — | — |
| Stock Buybacks | — | — | — | — | — | — |
| Free Cash Flow | -11.59 M USD | -31.03 M USD | -80.16 M USD | -32.47 M USD | -14.92 M USD | -3.63 M USD |
Agrify Corporation is a branded consumer products company operating in the cannabis and hemp industries, headquartered in North Carolina. The company has undergone a significant strategic transformation, shifting from its original focus on cultivation technology to developing and marketing hemp-derived THC beverages and cannabis brand intellectual property. Its flagship product is the Señorita brand, offering hemp-derived Delta-9 THC beverages as alcohol alternatives in flavors like Lime Jalapeño Margarita. Beyond consumer beverages, Agrify maintains a business-to-business extraction solutions segment, providing specialized equipment for hydrocarbon, ethanol, solventless, and post-processing extraction to licensed cannabis and hemp producers, processors, and laboratories. This dual-channel approach combines consumer packaged goods distribution with equipment sales, representing a shift away from the capital-intensive cultivation facility model of its earlier operations. The company serves both individual consumers aged 21 and above seeking non-alcoholic alternatives and professional cannabis industry operators requiring advanced extraction technologies. Agrify's current market positioning reflects its evolution into a focused player in the high-growth, federally legal hemp-derived psychoactive beverage segment.