Security
RIME · Algorhythm Holdings, Inc.
RIMENASDAQCommon stockCurrentCIK 923601Updated Sep 26, 2026
Name history
SINGING MACHINE CO INC · through Aug 30, 2024
RIME price & chart
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NASDAQ:RIME on TradingView ↗About the company
We are an artificial intelligence (“AI”) technology company focused on the growth and development of SemiCab. SemiCab is an AI-enabled software logistics and distribution business that utilizes its proprietary technology platform to enable retailers, brands and transportation providers to address common supply chain problems globally. We operate our SemiCab business through our subsidiary, SemiCab Holdings, LLC.
In the news
Algorhythm Holdings Provides Mid-Year Business Recap and Goals for Remainder of Year ↗
Recent filings
Termination of a Material Definitive Agreement · Regulation FD Disclosure
Items 1.02, 7.01, 9.01
Entry into a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity Securities · Material Modification to Rights of Security Holders · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure
Items 1.01, 2.01, 2.03, 3.02, 3.03, 5.02, 5.03, 7.01, 9.01
10-Q filing
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 1.01, 3.02, 5.02, 9.01
Entry into a Material Definitive Agreement · Unregistered Sales of Equity Securities · Material Modification to Rights of Security Holders · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Items 1.01, 3.02, 3.03, 5.03, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 12,724,000Source | 18,302,000Source | 27,715,000Source | 22,665,854Source |
| Property, Plant and Equipment, NetUSD | 22,000Source | 284,000Source | 404,000Source | 565,094Source |
| GoodwillUSD | 2,682,000Source | 786,000Source | — | — |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,005,000Source | 345,000Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | — | — | 6,703,000Source | 2,290,483Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 2,785,038Source |
| Inventory, NetUSD | — | 2,186,000Source | 6,871,000Source | 14,161,636Source |
| Assets, CurrentUSD | 7,936,000Source | 16,763,000Source | 23,206,000Source | 19,842,413Source |
| Prepaid Expense and Other Assets, CurrentUSD | 729,000Source | 120,000Source | 136,000Source | 344,409Source |
| Operating Lease, Right-of-Use AssetUSD | — | 95,000Source | 3,926,000Source | 1,279,347Source |
| Other Assets, NoncurrentUSD | 79,000Source | 29,000Source | 179,000Source | 86,441Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 14,584,000Source | 28,823,000Source | 20,137,000Source | 12,629,430Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 35,000Source | 5,000Source | 64,000Source | 12,212Source |
| Additional Paid in CapitalUSD | 65,674,000Source | 39,682,000Source | 33,429,000Source | 24,902,694Source |
| Retained Earnings (Accumulated Deficit)USD | -65,043,000Source | -49,172,000Source | -25,915,000Source | -14,878,482Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -25,000Source | — | — | — |
| Stockholders' Equity Attributable to ParentUSD | — | — | 7,578,000Source | 10,036,424Source |
| Liabilities and EquityUSD | 12,724,000Source | 18,302,000Source | 27,715,000Source | 22,665,854Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 14,440,000Source | 28,438,000Source | 16,209,000Source | 12,022,411Source |
| Operating Lease, Liability, CurrentUSD | — | — | 84,000Source | 876,259Source |
| Accounts Payable, CurrentUSD | 1,413,000Source | 3,808,000Source | 7,616,000Source | 5,328,215Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | 3,925,000Source | 457,750Source |
| Other Liabilities, NoncurrentUSD | — | — | 3,000Source | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | -1,743,000Source | -1,036,000Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 1,556,000Source | 4,224,000Source | 2,614,000Source | 1,732,355Source |
| Deferred Tax Liabilities, NetUSD | 35,000Source | 176,000Source | 1,102,000Source | 166,550Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -16,572,000Source | -24,367,000Source | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 434,000Source | 630,000Source | 382,000Source | 44,287Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 621,000Source | -3,114,000Source | -667,000Source | 558,127Source |
| Increase (Decrease) in InventoriesUSD | — | -3,767,000Source | -3,858,000Source | 8,399,489Source |
| Increase (Decrease) in Accounts PayableUSD | 654,000Source | -4,540,000Source | -3,511,000Source | 2,516,565Source |
| Deferred Income Tax Expense (Benefit)USD | — | 30,000Source | 893,000Source | -5,395Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | -8,556,000Source | -330,000Source | -2,011,930Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | -2,245,000Source | -244,000Source | -117,573Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 14,000Source | 70,000Source | 244,000Source | 117,573Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | 11,648,000Source | 1,178,000Source | 4,023,407Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | — | -75,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -1,087,000Source | 847,000Source | 604,000Source | 1,893,904Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 246,000Source | 591,000Source | 481,000Source | 546,545Source |
| Income Taxes Paid, NetUSD | — | — | 34,000Source | — |
| Additional Financial Items | ||||
| AmortizationUSD | — | — | 39,000Source | 45,000Source |
| Share-based Payment Arrangement, ExpenseUSD | — | — | 20,000Source | 5,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | 47,000Source | 45,047Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 212,000Source | — | — | — |
| Amortization of Intangible AssetsUSD | 241,000Source | — | — | — |
| DepreciationUSD | 249,000Source | 192,000Source | 228,000Source | 245,890Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | -1,362,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | — | -3,000Source | -4,394Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | -183,000Source | 339,311Source |
| General and Administrative ExpenseUSD | 6,629,000Source | 12,240,000Source | 9,465,000Source | 6,911,377Source |
| GoodwillUSD | 2,682,000Source | 786,000Source | — | — |
| Goodwill and Intangible Asset ImpairmentUSD | 0Source | — | — | — |
| Goodwill, Impairment LossUSD | — | 3,592,000Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -15,210,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 47,000Source | — | 1,030,000Source | 57,304Source |
| Inventory Write-downUSD | — | 918,000Source | 535,553Source | -271,892Source |
| Net Income (Loss) Attributable to ParentUSD | -15,871,000Source | — | -4,638,000Source | 230,471Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -701,000Source | -1,110,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -15,871,000Source | -23,257,000Source | — | — |
| Nonoperating Income (Expense)USD | -7,215,000Source | -10,442,000Source | 90,000Source | — |
| Operating ExpensesUSD | 6,633,000Source | 18,706,000Source | 12,907,000Source | 10,745,543Source |
| Operating Lease, ExpenseUSD | — | 489,000Source | 1,058,000Source | 813,292Source |
| Other Nonoperating Income (Expense)USD | — | — | 90,296Source | 218,540Source |
| Proceeds from Issuance of Common StockUSD | — | 12,932,000Source | 3,393,000Source | 9,000,579Source |
| Proceeds from Stock Options ExercisedUSD | — | — | — | 14,000Source |
| Stock or Unit Option Plan ExpenseUSD | — | — | 237,000Source | 22,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 4,391,000Source | 23,494,000Source | 39,299,000Source | 47,512,161Source |
| Cost of RevenueUSD | 5,706,000Source | 18,713,000Source | 30,090,000Source | 36,697,383Source |
| Operating Income (Loss)USD | -7,948,000Source | -13,925,000Source | -3,698,000Source | 69,235Source |
| Other Nonoperating Income (Expense)USD | — | — | 90,296Source | 218,540Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -15,163,000Source | -24,367,000Source | -3,608,000Source | 287,775Source |
| Income Tax Expense (Benefit)USD | 47,000Source | — | 1,030,000Source | 57,304Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -701,000Source | -1,110,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | -15,871,000Source | — | -4,638,000Source | 230,471Source |
| Earnings Per Share, BasicUSD per share | -6.41Source | -353.87Source | -1.65Source | 0.14Source |
| Earnings Per Share, DilutedUSD per share | -6.41Source | -353.87Source | -1.65Source | 0.14Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 2,475,293Source | 65,722Source | 2,811,872Source | 1,614,506Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 2,475,293Source | 65,722Source | 2,811,872Source | 1,623,397Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 241,000Source | — | — | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 8,000Source | 30,000Source | 200,000Source | 200,000Source |
| General and Administrative ExpenseUSD | 6,629,000Source | 12,240,000Source | 9,465,000Source | 6,911,377Source |
| Goodwill, Impairment LossUSD | — | 3,592,000Source | — | — |
| Gross ProfitUSD | -1,315,000Source | 4,781,000Source | 9,209,000Source | 10,814,778Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -14,513,000Source | 24,414,000Source | -3,526,000Source | -260,911Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | -15,210,000Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -5.86Source | — | — | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -5.86Source | — | — | — |
| Interest ExpenseUSD | — | — | 33,000Source | — |
| Interest Income (Expense), Nonoperating, NetUSD | -747,000Source | -1,887,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -15,871,000Source | -23,257,000Source | — | — |
| Nonoperating Income (Expense)USD | -7,215,000Source | -10,442,000Source | 90,000Source | — |
| Operating ExpensesUSD | 6,633,000Source | 18,706,000Source | 12,907,000Source | 10,745,543Source |
| Operating Lease, ExpenseUSD | — | 489,000Source | 1,058,000Source | 813,292Source |
| Other Cost of Operating RevenueUSD | — | 2,059,000Source | — | — |
| Research and Development ExpenseUSD | — | — | 100,000Source | 100,000Source |
| Selling ExpenseUSD | 4,000Source | 2,874,000Source | 3,442,000Source | 3,588,276Source |
Offerings
Registration 333-295152
- Offering price
- market-price
- Ticker
- RIME
Registration 333-290716
- Ticker
- RIME
Filing attachments
ex99-1.htm · 8-K · 2026-09-21
Exhibit 99.1 Algorhythm Announces CEO Transition in Connection with Transformational Acquisition and Strategic Refocus Leadership Transition Expected to Include New Members of Leadership Team and Board of Directors as Company in Connection With Strategic Repositioning Fort Lauderdale, FL, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the “Company”) (NASDAQ: RIME ) - a leading AI technology company, today announced a planned leadership transition in connection with the Company…
Read attachment ↗ex99-2.htm · 8-K · 2026-09-21
Exhibit 99.2 Algorhythm Completes Transformational $23 Million Acquisition of Leading Renewable Power Plant Developer Serving Fortune 500, AI Data Center and Advanced Manufacturing Clients Acquired Company Has Over $10 Million in Current Contractual Backlog. Azure is Generating Positive EBITDA in 2026, and This is Expected to Scale Significantly Over the Next 12 Months. Azure Holds Project Equity Interests in Multiple Power Plants Under Construction with Management-Estimated Net Pr…
Read attachment ↗ex99-1.htm · 8-K · 2025-11-19
EX-99.1 2 ex99-1.htm EX-99.1 Exhibit 99.1 Algorhythm Holdings Reports Record 1,273% Year-Over-Year Revenue Growth in its Third Quarter 2025 Financial Results SemiCab Delivers 13X Growth YoY for the Quarter and over 23X Growth YTD Fort Lauderdale, FL, November 19, 2025 - Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME ) - a leading AI technology company, announced today its results of operations for its third quarter ended September 30, 2025. Third Quarter Financial Highlights* …
Read attachment ↗ex107.htm · S-1 · 2025-10-03
Exhibit 107 Calculation of Filing Fee Tables Form S-1 (Form Type) ALGORHYTHM HOLDINGS, INC. (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Security Fee Amount Proposed Maximum Fee Rate Amount of Type Class …
Read attachment ↗