Algorhythm Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 03/31/23 | FY 03/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $4.4M | $23.5M | — | $39.3M | $47.5M |
| Cost of revenue | $5.7M | $491,000 | — | $30.1M | $36.7M |
| Gross profit | -$1.3M | -$194,000 | — | $9.2M | $10.8M |
| Research and development | — | — | — | $100,000 | $100,000 |
| Operating expenses | $6.6M | $8.2M | — | $12.9M | $10.7M |
| Operating income | -$7.9M | -$8.4M | — | -$3.7M | $69,235 |
| Interest expense | — | — | — | $33,000 | $0 |
| Pretax income | -$15.2M | -$18.9M | — | -$3.6M | $287,775 |
| Income tax expense | $47,000 | — | — | $1.0M | $57,304 |
| Net income | -$15.9M | -$23.3M | — | -$4.6M | $230,471 |
| Balance Sheet | |||||
| Cash and equivalents | — | — | — | $2.9M | $2.3M |
| Current assets | $7.9M | $16.8M | $23.2M | $15.2M | $19.8M |
| Total assets | $12.7M | $18.3M | $27.7M | $16.6M | $22.7M |
| Current liabilities | $14.4M | $28.4M | $16.2M | $6.1M | $12.0M |
| Total liabilities | $14.6M | $28.8M | $20.1M | $6.3M | $12.6M |
| Stockholders' equity | -$1.9M | -$10.5M | $7.6M | $10.3M | $10.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$7.3M | -$8.6M | — | -$330,272 | -$2.0M |
| Depreciation and amortization | $249,000 | $30,000 | — | $228,004 | $245,890 |
| Stock-based compensation | $434,000 | $630,000 | — | $381,826 | $44,287 |
| Capital expenditure | $14,000 | $70,000 | — | $243,729 | $117,573 |
| Free cash flow | -$7.3M | -$8.6M | — | -$574,001 | -$2.1M |
| Share repurchases | — | $758,000 | — | — | — |
| Impairments | — | $3.6M | — | — | — |
Shares outstanding 14.7M · Free float 71.9%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.