RIME Chart
About

Algorhythm Holdings, Inc., together with its subsidiaries, operates as an AI technology and consumer electronics holding company. It operates SemiCab, an artificial intelligence (AI) enabled software logistics business. SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners to orchestrate collaboration across manufacturers, retailers, distributors, and their carriers. It uses AI/ML predictions and advanced predictive optimization models to enable fully loaded round trips. The company was formerly known as The Singing Machine Company, Inc. and changed its name to Algorhythm Holdings, Inc. in September 2024. Algorhythm Holdings, Inc. was incorporated in 1982 and is headquartered in Fort Lauderdale, Florida.

Fundamentals
Scroll to Statements
Sector Technology Industry Consumer Electronics Market Cap 11.17M
Enterprise Value 8.52M Income -30.65M Sales 26.39M
Book/sh 0.56 Cash/sh 1.04 Dividend Yield —
Payout 0.00% Employees 25 IPO —
P/E — Forward P/E — PEG —
P/S 0.42 P/B 3.46 P/C —
EV/EBITDA -0.77 EV/Sales 0.32 Quick Ratio 0.44
Current Ratio 0.53 Debt/Eq 6811.00 LT Debt/Eq —
EPS (ttm) -278.31 EPS next Y — EPS Growth —
Revenue Growth 12.73% Earnings 2024-05-15 17:00 ROA -46.61%
ROE -22.47% ROIC — Gross Margin 15.60%
Oper. Margin -89.74% Profit Margin -108.79% Shs Outstand 5.76M
Shs Float 2.59M Short Float 7.05% Short Ratio 0.23
Short Interest — 52W High 4.58 52W Low 0.73
Beta -0.21 Avg Volume 6.50M Volume 3.60M
Target Price $5.00 Recom None Prev Close $2.18
Price $1.94 Change -11.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$5.00
Mean price target
2. Current target
$2.11
Latest analyst target
3. DCF / Fair value
$-24.33
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.11
Low
$5.00
High
$5.00
Mean
$5.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-06-04 init Litchfield Hills — → Buy $5
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 5494 13625.0 — Sale at price 2.48 per share. FOREMAN JAY B Director — 2025-02-18 00:00:00 I
1 5494 13625.0 — Sale at price 2.48 per share. STINGRAY GROUP INC. Unknown — 2025-02-18 00:00:00 I
2 23818 — — Stock Award(Grant) at price 0.00 per share. ANDRE ALEX General Counsel — 2025-02-13 00:00:00 D
3 412000 289428.0 — Sale at price 0.47 - 0.73 per share. AULT MILTON C III Former — 2024-10-07 00:00:00 I
4 7230 3376.0 — Sale at price 0.46 - 0.47 per share. AULT MILTON C III Beneficial Owner of more than 10% of a Class of Security — 2024-10-03 00:00:00 I
5 88754 43806.0 — Sale at price 0.49 - 0.51 per share. AULT MILTON C III Beneficial Owner of more than 10% of a Class of Security — 2024-10-01 00:00:00 I
6 136416 69782.0 — Sale at price 0.51 - 0.52 per share. AULT MILTON C III Beneficial Owner of more than 10% of a Class of Security — 2024-09-27 00:00:00 I
7 59759 33626.0 — Sale at price 0.55 - 0.57 per share. AULT MILTON C III Beneficial Owner of more than 10% of a Class of Security — 2024-09-25 00:00:00 I
8 17933 10429.0 — Sale at price 0.58 - 0.60 per share. AULT MILTON C III Beneficial Owner of more than 10% of a Class of Security — 2024-09-23 00:00:00 I
9 32458 19734.0 — Sale at price 0.60 - 0.61 per share. AULT MILTON C III Beneficial Owner of more than 10% of a Class of Security — 2024-09-19 00:00:00 I
Financials
Line Item2024-12-312023-03-312022-03-312021-03-31
TaxEffectOfUnusualItems0.00119.49K157.40K253.32K
TaxRateForCalcs0.000.210.200.17
NormalizedEBITDA-18.76M-2.75M1.12M1.88M
TotalUnusualItems-3.26M569.00K787.00K1.46M
TotalUnusualItemsExcludingGoodwill-3.26M569.00K787.00K1.46M
NetIncomeFromContinuingOperationNetMinorityInterest-23.26M-4.64M230.00K2.17M
ReconciledDepreciation458.00K946.00K1.04M298.36K
ReconciledCostOfRevenue18.71M30.09M36.70M33.51M
EBITDA-22.02M-2.18M1.91M3.34M
EBIT-22.48M-3.13M867.00K3.04M
NetInterestIncome-10.78M-479.00K-580.00K-473.97K
InterestExpense1.89M479.00K580.00K412.27K
NormalizedIncome-20.00M-5.09M-399.60K967.86K
NetIncomeFromContinuingAndDiscontinuedOperation-23.26M-4.64M230.00K2.17M
TotalExpenses33.83M43.00M47.44M44.38M
TotalOperatingIncomeAsReported-13.93M-3.70M69.00K1.43M
DilutedAverageShares65.72K14.06K8.12K6.52K
BasicAverageShares65.72K14.06K8.07K6.46K
DilutedEPS-353.87-330.0028.00334.00
BasicEPS-353.87-330.0028.00336.00
DilutedNIAvailtoComStockholders-23.26M-4.64M230.00K2.17M
NetIncomeCommonStockholders-23.26M-4.64M230.00K2.17M
NetIncome-23.26M-4.64M230.00K2.17M
MinorityInterests1.11M
NetIncomeIncludingNoncontrollingInterests-24.37M-4.64M230.00K2.17M
NetIncomeContinuousOperations-24.37M-4.64M230.00K2.17M
TaxProvision0.001.03M57.00K456.87K
PretaxIncome-24.37M-3.61M287.00K2.63M
OtherIncomeExpense-3.26M569.00K798.00K1.68M
OtherNonOperatingIncomeExpenses704.00K11.00K220.02K
SpecialIncomeCharges-3.59M569.00K787.00K1.46M
GainOnSaleOfPPE0.000.00
OtherSpecialCharges-569.00K-787.00K-1.46M
WriteOff65.06K
ImpairmentOfCapitalAssets3.59M
GainOnSaleOfSecurity334.00K
NetNonOperatingInterestIncomeExpense-10.78M-479.00K-580.00K-473.97K
TotalOtherFinanceCost8.89M46.62K45.05K61.70K
InterestExpenseNonOperating1.89M479.00K580.00K412.27K
OperatingIncome-10.33M-3.70M69.00K1.43M
OperatingExpense15.11M12.91M10.75M10.87M
DepreciationAmortizationDepletionIncomeStatement228.00K245.89K298.36K
DepreciationAndAmortizationInIncomeStatement228.00K245.89K298.36K
DepreciationIncomeStatement228.00K245.89K298.36K
SellingGeneralAndAdministration15.11M12.91M10.75M10.57M
SellingAndMarketingExpense2.87M3.44M3.59M3.98M
GeneralAndAdministrativeExpense12.24M9.46M7.16M6.60M
OtherGandA12.24M9.46M7.16M6.60M
GrossProfit4.78M9.21M10.81M12.30M
CostOfRevenue18.71M30.09M36.70M33.51M
TotalRevenue23.49M39.30M47.51M45.80M
OperatingRevenue23.49M39.30M47.51M45.80M
Line Item2023-03-31
TreasurySharesNumber84.00
OrdinarySharesNumber2.35M32.09K15.84K6.11K
ShareIssued2.35M32.09K15.92K6.11K
NetDebt775.12K896.18K
TotalDebt650.00K4.01M597.00K4.42M
TangibleBookValue-10.62M7.58M10.33M10.04M
InvestedCapital-8.84M7.58M10.33M13.10M
WorkingCapital-11.68M7.00M9.07M7.82M
NetTangibleAssets-10.62M7.58M10.33M10.04M
CapitalLeaseObligations0.004.01M597.00K1.35M
CommonStockEquity-9.48M7.58M10.33M10.04M
TotalCapitalization-9.10M7.58M10.33M10.18M
TotalEquityGrossMinorityInterest-10.52M7.58M10.33M10.04M
MinorityInterest-1.04M
StockholdersEquity-9.48M7.58M10.33M10.04M
OtherEquityInterest-6.00K
RetainedEarnings-49.17M-25.91M-19.52M-14.88M
AdditionalPaidInCapital39.68M33.43M29.82M24.90M
CapitalStock5.00K64.00K32.00K12.21K
CommonStock5.00K64.00K32.00K12.21K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest28.82M20.14M6.32M12.63M
TotalNonCurrentLiabilitiesNetMinorityInterest385.00K3.93M192.00K607.02K
OtherNonCurrentLiabilities3.00K104.00K
LongTermDebtAndCapitalLeaseObligation385.00K3.92M88.00K607.02K
LongTermCapitalLeaseObligation0.003.92M88.00K468.37K
LongTermDebt385.00K57.85K138.65K484.16K
CurrentLiabilities28.44M16.21M6.13M12.02M
OtherCurrentLiabilities16.75M75.00K99.00K
CurrentDeferredLiabilities0.00687.00K583.00K97.97K
CurrentDeferredRevenue0.00687.00K583.00K97.97K
CurrentDebtAndCapitalLeaseObligation265.00K84.00K509.00K3.81M
CurrentCapitalLeaseObligation84.00K509.00K883.86K797.48K
CurrentDebt265.00K80.80K2.93M808.59K
OtherCurrentBorrowings265.00K80.80K426.96K743.68K
LineOfCredit0.002.50M64.92K
CurrentProvisions3.35M3.39M900.00K990.00K
PayablesAndAccruedExpenses8.07M11.97M4.04M7.22M
CurrentAccruedExpenses4.22M2.61M2.27M1.73M
Payables3.85M9.36M1.77M5.49M
OtherPayable38.00K1.74M583.32K97.97K
DuetoRelatedPartiesCurrent0.0063.05K63.05K
AccountsPayable3.81M7.62M1.77M5.33M
TotalAssets18.30M27.71M16.65M22.67M
TotalNonCurrentAssets1.54M4.51M1.45M2.86M
OtherNonCurrentAssets29.00K179.00K255.00K86.44K
NonCurrentDeferredAssets130.53K892.56K887.16K
NonCurrentDeferredTaxesAssets0.00892.56K887.16K
GoodwillAndOtherIntangibleAssets1.13M
OtherIntangibleAssets345.00K
Goodwill786.00K
NetPPE379.00K4.33M1.19M1.88M
AccumulatedDepreciation-2.53M-2.33M-2.39M-2.10M
GrossPPE2.91M6.67M3.58M3.98M
OtherProperties2.39M6.15M2.97M3.48M
MachineryFurnitureEquipment519.00K511.00K608.00K500.00K
CurrentAssets16.76M23.21M15.20M19.84M
OtherCurrentAssets1.74M2.06M906.00K344.41K
CurrentDeferredAssets84.67K7.81K15.36K
PrepaidAssets344.41K221.07K
Inventory2.19M6.87M9.09M14.16M
InventoriesAdjustmentsAllowances-900.00K-400.00K-600.00K
OtherInventories639.99K3.26M190.25K
FinishedGoods9.90M11.30M5.90M
Receivables5.29M7.58M2.31M3.04M
OtherReceivables100.82K4.56M
DuefromRelatedPartiesCurrent212.00K269.00K239.00K152.21K
NotesReceivable701.00K
AccountsReceivable4.37M7.31M2.08M2.79M
AllowanceForDoubtfulAccountsReceivable-274.00K-174.00K-166.00K-122.55K
GrossAccountsReceivable4.65M7.48M2.24M2.91M
CashCashEquivalentsAndShortTermInvestments7.55M6.70M2.90M2.29M
CashAndCashEquivalents7.55M6.70M2.90M2.29M
CashFinancial7.55M6.70M2.90M2.29M
Line Item2024-12-312023-03-312022-03-312021-03-31
FreeCashFlow-8.63M-574.00K-2.13M-30.14K
RepurchaseOfCapitalStock-2.35M0.00-7.16M0.00
RepaymentOfDebt-2.94M-226.00K-379.97K
IssuanceOfDebt2.00M2.44M508.81K
IssuanceOfCapitalStock12.93M3.39M9.00M0.00
CapitalExpenditure-70.00K-244.00K-118.00K-201.16K
InterestPaidSupplementalData591.00K481.00K547.00K461.08K
IncomeTaxPaidSupplementalData34.00K0.00
EndCashPosition7.55M2.90M2.29M396.58K
BeginningCashPosition6.70M2.29M397.00K345.20K
ChangesInCash847.00K604.00K1.89M51.38K
FinancingCashFlow11.65M1.18M4.02M81.52K
CashFlowFromContinuingFinancingActivities11.65M1.18M4.02M81.52K
NetOtherFinancingCharges-931.00K-437.00K-38.00K-73.72K
ProceedsFromStockOptionExercised1.16M14.00K26.40K
NetCommonStockIssuance10.58M3.39M1.84M0.00
CommonStockPayments-2.35M0.00-7.16M0.00
CommonStockIssuance12.93M3.39M9.00M0.00
NetIssuancePaymentsOfDebt2.00M-2.94M2.21M128.85K
NetShortTermDebtIssuance-2.93M2.22M-95.00
ShortTermDebtPayments-2.93M-218.00K-65.01K
ShortTermDebtIssuance2.44M64.92K
NetLongTermDebtIssuance2.00M-9.00K-8.00K128.94K
LongTermDebtPayments-9.00K-8.00K-314.96K
LongTermDebtIssuance2.00M0.00443.90K
InvestingCashFlow-2.25M-244.00K-118.00K-201.16K
CashFlowFromContinuingInvestingActivities-2.25M-244.00K-118.00K-201.16K
NetOtherInvestingChanges-1.78M
NetBusinessPurchaseAndSale-398.00K
SaleOfBusiness17.00K
PurchaseOfBusiness-415.00K
NetPPEPurchaseAndSale-70.00K-244.00K-118.00K-201.16K
SaleOfPPE0.000.000.00
PurchaseOfPPE-70.00K-244.00K-118.00K-201.16K
OperatingCashFlow-8.56M-330.00K-2.01M171.02K
CashFlowFromContinuingOperatingActivities-8.56M-330.00K-2.01M171.02K
ChangeInWorkingCapital-971.00K1.20M-2.13M-3.40M
ChangeInOtherWorkingCapital-2.43M395.00K-156.00K-786.00K
ChangeInOtherCurrentLiabilities105.00K-738.00K-795.00K-14.95K
ChangeInOtherCurrentAssets0.00-38.00K61.00K3.34K
ChangeInPayablesAndAccruedExpense-5.62M-3.04M3.29M-3.50M
ChangeInAccruedExpense-1.08M533.00K77.00K130.33K
ChangeInPayable-4.54M-3.57M3.22M-3.63M
ChangeInAccountPayable-4.54M-3.51M3.22M-3.19M
ChangeInPrepaidAssets29.00K78.00K-123.00K31.40K
ChangeInInventory3.77M3.86M-8.24M1.91M
ChangeInReceivables3.17M681.00K3.83M-1.04M
ChangesInAccountReceivables3.17M580.00K-622.00K-139.54K
OtherNonCashItems1.24M-1.00K-305.00K671.72K
StockBasedCompensation630.00K382.00K44.00K22.71K
ProvisionandWriteOffofAssets1.23M707.00K-444.00K3.46K
AssetImpairmentCharge4.03M
DeferredTax637.00K893.00K-5.00K398.56K
DeferredIncomeTax637.00K893.00K-5.00K398.56K
DepreciationAmortizationDepletion458.00K946.00K1.04M298.36K
DepreciationAndAmortization458.00K946.00K1.04M298.36K
AmortizationCashFlow30.00K
AmortizationOfIntangibles30.00K
Depreciation428.00K946.00K1.04M298.36K
OperatingGainsLosses8.55M186.00K-444.00K220.02K
GainLossOnInvestmentSecurities8.55M11.24K220.02K
GainLossOnSaleOfPPE0.003.00K4.00K0.00
NetIncomeFromContinuingOperations-24.37M-4.64M230.00K2.17M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for RIME
Date User Asset Broker Type Position Size Entry Price Patterns