RumbleON Inc. $(RMBL)$ reported its financial results for the second quarter ending June 30, 2025. The company recorded a revenue of $299.9 million, marking an 11.0% decrease from $336.8 million in the same period in 2024. This decline was primarily driven by a reduction in unit sales within the powersports segment and a $13.9 million decrease in revenue from the vehicle transportation services segment. The net loss for the quarter was $32.2 million, which included a $34.0 million impairment charge related to franchise rights, compared to a net loss of $0.7 million in the second quarter of 2024. Selling, general, and administrative expenses amounted to $66.7 million, showing a $4.7 million reduction from $71.4 million in the previous year. Additionally, the company announced a rebranding initiative, changing its name to RideNow Group, Inc. and relocating its corporate headquarters back to the Phoenix, AZ area. The company also executed a term loan amendment, extending the maturity of its term loan to September 30, 2027.