Algorhythm Holdings, Inc. (RIME) Financial Statements
Industry: Computer Integrated Systems Design (Services)
In fiscal 2025, Algorhythm reported revenue of $4.4M, down 81.3% from $23.5M the year before. Net income was -$15.9M (a -361.4% net margin), or -$6.41 per diluted share. Gross margin was -29.9% and operating margin was -181.0%. Operating activities generated -$7.3M of cash, leaving -$7.3M of free cash flow. At fiscal year end, Algorhythm held $12.7M in total assets against $14.6M in total liabilities.
Open the full interactive Algorhythm financials → Quarterly statements, key ratios, valuation history and price charts.
Algorhythm Key Stats
| Share Price | $0.13 |
|---|---|
| Market Cap | $2.0M |
| Revenue YoY Growth | -81.3% |
| 52-Week Range | $0.13 – $3.48 |
| Shares Outstanding | 15.1 million (basic, 2026 Q2) |
Algorhythm Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $41.4M | $45.8M | $47.5M | $39.3M | $23.5M | $4.4M |
| Cost of Goods Sold | $30.3M | $33.5M | $36.7M | $30.1M | $18.7M | $5.7M |
| Gross Profit | $11.1M | $12.3M | $10.8M | $9.2M | $4.8M | -$1.3M |
| Operating Income | -$3.2M | $1.4M | $69,235 | -$3.7M | -$13.9M | -$7.9M |
| Pre-Tax Income | -$3.5M | $2.6M | $287,775 | -$3.6M | -$24.4M | -$15.2M |
| Income Tax | -$641,814 | $456,869 | $57,304 | $1.0M | -$1.1M | $47,000 |
| Net Income | -$2.9M | $2.2M | $230,471 | -$4.6M | -$23.3M | -$15.9M |
| Diluted EPS | -$420.00 | $360.00 | $28.00 | -$330.00 | -$0.35 | -$6.41 |
Algorhythm Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.7M | — | $2.4M | $3.0M |
| Net Income | -$3.0M | -$3.1M | -$5.1M | -$3.8M |
| Diluted EPS | -$1.15 | -$1.27 | -$0.52 | -$0.25 |
Algorhythm Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $345,200 | $396,579 | $2.3M | $2.9M | — | — |
| Current Assets | $13.8M | $13.0M | $19.8M | $15.2M | $16.8M | $7.9M |
| Total Assets | $16.6M | $16.8M | $22.7M | $16.6M | $18.3M | $12.7M |
| Current Liabilities | $9.5M | $7.0M | $12.0M | $6.1M | $28.4M | $14.4M |
| Total Long-Term Debt | — | $443,900 | — | — | — | — |
| Total Liabilities | $10.9M | $8.9M | $12.6M | $6.3M | $28.8M | $14.6M |
| Shareholders' Equity | $5.7M | $7.9M | $10.0M | $10.3M | -$10.5M | -$1.9M |
Algorhythm Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $444,765 | $171,017 | -$2.0M | -$330,272 | -$8.6M | -$7.3M |
| Cash From Investing | -$517,546 | -$201,161 | -$117,573 | -$243,729 | -$2.2M | — |
| Cash From Financing | $206,573 | $81,523 | $4.0M | $1.2M | $11.6M | — |
| Free Cash Flow | -$72,781 | -$30,144 | -$2.1M | -$543,729 | -$8.6M | -$7.3M |
Figures from Algorhythm's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Algorhythm financials page for every line item.
Algorhythm Company Profile
| Ticker | RIME |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Integrated Systems Design (Services) |
| Headquarters | Fort Lauderdale, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0000923601 |
Frequently Asked Questions
What was Algorhythm's revenue in fiscal 2025?
Algorhythm (RIME) reported revenue of $4.4M for fiscal 2025.
What is Algorhythm's annual revenue history?
Algorhythm's annual revenue by fiscal year: 2020: $41.4M; 2021: $45.8M; 2022: $47.5M; 2023: $39.3M; 2024: $23.5M; 2025: $4.4M.
What was Algorhythm's net income in fiscal 2025?
Algorhythm reported net income of -$15.9M for fiscal 2025.
What was Algorhythm's earnings per share (EPS) in fiscal 2025?
Algorhythm's diluted EPS was -$6.41 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Algorhythm generate in fiscal 2025?
Algorhythm generated -$7.3M of free cash flow in fiscal 2025.
What was Algorhythm's revenue last quarter?
In its most recent reported quarter (2026 Q2), Algorhythm reported revenue of $3.0M.
How many shares of Algorhythm are outstanding?
Algorhythm reported a weighted average of 15.1 million basic shares outstanding in 2026 Q2.
What is Algorhythm's market cap?
Based on its latest closing price, Algorhythm (RIME) has a market capitalization of about $2.0M.
When does Algorhythm's fiscal year end?
Algorhythm's fiscal year end, as registered with the SEC, is December 31.
Where is Algorhythm headquartered?
Algorhythm lists its business address in Fort Lauderdale, Florida in its SEC filings.
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