Algorhythm Holdings, Inc. Income Statement
RIME|13 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 13 fiscal years. All figures from audited SEC 10-K filings.
Algorhythm Holdings, Inc. reported $297,000 in revenue and $23M in net loss for FY2025. Revenue has declined at a 26.3% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score -2.59 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2017 | FY2016 | FY2015 | FY2014 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $297.0K | $29.2M | $47.5M | $45.8M | $38.5M | $46.5M | $60.8M | $39.3M | $31.4M | $34.4M | $1.8M | $19.2M | $21.3M |
| Cost of Revenue | $491.0K | $23.0M | $36.7M | $33.5M | $30.3M | $34.7M | $45.1M | $31.0M | $24.3M | $26.4M | $20.3M | $14.9M | $17.3M |
| Gross Profit | -$194.0K | $6.2M | $10.8M | $12.3M | $8.2M | $11.8M | $15.7M | $8.3M | $7.1M | $8.1M | $429.0K | $4.2M | $4.0M |
| SG&A Expense | $4.7M | $8.6M | $6.9M | $6.6M | $6.6M | $5.8M | $6.4M | $4.5M | $4.3M | $3.3M | $2.5M | $2.6M | $3.4M |
| R&D Expense | - | - | $100.0K | $100.0K | $100.0K | $100.0K | $200.0K | $114.5K | $200.6K | $70.9K | $37.9K | $66.9K | - |
| Operating Income | -$8.4M | -$6.1M | $69.2K | $1.4M | -$3.2M | $1.0M | $1.0M | $568.6K | $279.0K | $1.6M | $470.9K | -$598.7K | -$3.0M |
| Interest Expense | - | - | $0 | - | - | $244.6K | $273.4K | $253.3K | $53.4K | $48.4K | $7.8K | $20.9K | $95.0K |
| Income Tax | $47.0K | - | $57.3K | $456.9K | -$641.8K | $159.5K | $544.9K | $92.7K | -$778.8K | -$1.6M | $0 | $0 | $0 |
| Net Income | -$23.3M | -$6.4M | $230.5K | $2.2M | -$2.9M | $631.5K | $152.5K | $170.2K | $1.0M | $3.1M | -$507.0K | -$619.5K | -$3.1M |
| EPS (Basic) | -$353.87 | -$263.04 | $0.14 | $1.68 | -$0.07 | $0.02 | $0.00 | $0.00 | $0.03 | $0.08 | $0.01 | -$0.02 | -$0.08 |
| EPS (Diluted) | -$353.87 | -$263.04 | $0.14 | $1.67 | -$0.07 | $0.02 | $0.00 | $0.00 | $0.03 | $0.08 | $0.01 | -$0.02 | -$0.08 |
| Shares Outstanding | 470.8K | 32.1K | 3.2M | 1.3M | 38.5M | 39.2M | 39.6M | 38.6M | 38.6M | 38.4M | 38.0M | 38.0M | 37.8M |
| Gross Margin | -65.3% | 21.2% | 22.8% | 26.9% | 21.2% | 25.3% | 25.8% | 21.1% | 22.7% | 23.4% | 24.0% | 22.1% | 18.7% |
| Operating Margin | -2842.4% | -21.0% | 0.1% | 3.1% | -8.4% | 2.3% | 1.7% | 1.5% | 0.9% | 4.6% | 26.3% | -3.1% | -13.9% |
| Profit Margin | -7830.6% | -21.9% | 0.5% | 4.7% | -7.4% | 1.4% | 0.3% | 0.4% | 3.2% | 9.1% | -28.4% | -3.2% | -14.3% |