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Algorhythm Holdings Inc

Algorhythm Holdings Inc (RIME)

0.0256
0.0012
(4.92%)
Closed 03 February 8:00AM
0.0287
0.0031
(12.11%)
After Hours: 11:59AM

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Key stats and details

Current Price
0.0287
Bid
0.0284
Offer
0.0287
Volume
338,753,281
0.0251 Day's Range 0.032
0.023 52 Week Range 0.7861
Market Cap
Previous Close
0.0244
Open
0.032
Last Trade Time
Financial Volume
US$ 9,590,376
VWAP
0.028311
Average Volume (3m)
95,354,474
Shares Outstanding
14,215,176
Dividend Yield
-
PE Ratio
-0.07
Earnings Per Share (EPS)
-0.45
Revenue
29.2M
Net Profit
-6.4M

About Algorhythm Holdings Inc

Singing Machine Co Inc was incorporated in California in 1982. In May 1994, the Company merged into a wholly-owned subsidiary incorporated in Delaware with the same name. As a result of that merger, the Delaware corporation became the successor to the business and operations of the California corpor... Singing Machine Co Inc was incorporated in California in 1982. In May 1994, the Company merged into a wholly-owned subsidiary incorporated in Delaware with the same name. As a result of that merger, the Delaware corporation became the successor to the business and operations of the California corporation and retained the name The Singing Machine Company, Inc. The Company and its wholly-owned subsidiaries SMC (Comercial Offshore De Macau) Limitada, SMC Logistics, Inc., SMC-Music, Inc. and Singing Machine Holdings Ltd. are engaged in the development, production, marketing and distribution of consumer karaoke audio equipment, accessories, music, musical instruments, and licensed youth electronic products. The Company currently has three different product lines which consist in total of over 50 different models. The product lines consist of the following: Karaoke Machines, Music and Musical Instruments. Show more

Sector
Phono Recrds,audio Tape,disk
Industry
Phono Recrds,audio Tape,disk
Headquarters
Wilmington, Delaware, USA
Founded
-
Algorhythm Holdings Inc is listed in the Phono Recrds,audio Tape,disk sector of the NASDAQ with ticker RIME. The last closing price for Algorhythm was US$0.02. Over the last year, Algorhythm shares have traded in a share price range of US$ 0.023 to US$ 0.7861.

Algorhythm currently has 14,215,176 shares in issue. The market capitalisation of Algorhythm is US$346,850.29 . Algorhythm has a price to earnings ratio (PE ratio) of -0.07.

RIME Latest News

Singing Machine to Showcase Industry Leading Karaoke Microphone at CES 2025

Company Targeting Additional Auto OEMs After Recent BYD Partnership Win Fort Lauderdale, FL, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI...

Algorhythm Holdings Announces a Pause on Capital Raising Activities

Fort Lauderdale, FL, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm” or the “Company”) (NASDAQ: RIME) – an AI technology and consumer electronics holding company...

Univest Securities, LLC Announces Closing of $2 Million Registered Direct Offering for its Client Algorhythm Holdings, Inc. (NASDAQ: RIME)

New York, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0091-24.07407407410.03780.03950.0231530510060.03187197CS
4-0.0613-68.11111111110.090.33860.0231735496730.09257981CS
12-0.2721-90.45877659570.30080.36050.023953544740.092548CS
26-0.7213-96.17333333330.750.78610.023547977490.11206621CS
52-0.7213-96.17333333330.750.78610.023547977490.11206621CS
156-0.7213-96.17333333330.750.78610.023547977490.11206621CS
260-0.7213-96.17333333330.750.78610.023547977490.11206621CS

RIME - Frequently Asked Questions (FAQ)

What is the current Algorhythm share price?
The current share price of Algorhythm is US$ 0.0287
How many Algorhythm shares are in issue?
Algorhythm has 14,215,176 shares in issue
What is the market cap of Algorhythm?
The market capitalisation of Algorhythm is USD 346.85k
What is the 1 year trading range for Algorhythm share price?
Algorhythm has traded in the range of US$ 0.023 to US$ 0.7861 during the past year
What is the PE ratio of Algorhythm?
The price to earnings ratio of Algorhythm is -0.07
What is the cash to sales ratio of Algorhythm?
The cash to sales ratio of Algorhythm is 0.01
What is the reporting currency for Algorhythm?
Algorhythm reports financial results in USD
What is the latest annual turnover for Algorhythm?
The latest annual turnover of Algorhythm is USD 29.2M
What is the latest annual profit for Algorhythm?
The latest annual profit of Algorhythm is USD -6.4M
What is the registered address of Algorhythm?
The registered address for Algorhythm is 251 LITTLE FALLS DRIVE, WILMINGTON, DELAWARE, 19808
What is the Algorhythm website address?
The website address for Algorhythm is www.singingmachine.com
Which industry sector does Algorhythm operate in?
Algorhythm operates in the PHONO RECRDS,AUDIO TAPE,DISK sector

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RIME Discussion

View Posts
urge2surge urge2surge 2 weeks ago
Thought he invested in this which would explain why it went to CRAP. He's a notorious predatory lender short snake.
👍️ 1
getmoreshares getmoreshares 2 weeks ago
don't know about Ault- surprised its still at multiple cents-- 1 for 200 RS is in the works. X getting some pump
👍️ 1
urge2surge urge2surge 2 weeks ago
Is Ault involved in this dog pile? It would explain the stocks dynamic. Tia
👍️0
getmoreshares getmoreshares 2 weeks ago
Item 3.03 Material Modification of Rights to Security Holders.



To the extent required by Item 3.03 of Form 8-K, the information contained in Item 5.03 of this report is incorporated herein by reference.



Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.



As previously disclosed on Form 8-K on January 13, 2025, Algorhythm Holdings, Inc. (the “Company”) held its annual stockholder meeting on January 13, 2025, at which stockholders voted to authorize the Company’s Board of Directors to effect a reverse stock split of the outstanding shares of common stock within one (1) year of January 13, 2025, at a specific ratio within a range of one-for-ten (1-for-10) to a maximum of a one-for-two hundred fifty (1-for-250) and to amend the Company’s Certificate of Incorporation, as amended, to increase the number of authorized common stock from 100,000,000 to 800,000,000 shares.



On January 14, 2025, the Company’s Board of Directors determined to effect the reverse stock split of the common stock at a 1-for-200 ratio (the “Reverse Split”) and approved the filing of a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, as amended, of the Company to effect the Reverse Split and to increase the Company’s authorized shares of common stock from 100,000,000 to 800,000,000.



On January 14, 2025, the Certificate of Amendment to effect the Reverse Split and increase the authorized shares of common stock, was filed with the Secretary of State of Delaware.



The reverse stock split has not yet taken effect in the public markets.



A copy of the Certificate of Amendment is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.
👍️0
getmoreshares getmoreshares 2 weeks ago
1-for-200 ratio (the “Reverse Split”)
😂 1
getmoreshares getmoreshares 2 weeks ago
As previously disclosed on Form 8-K on January 13, 2025, Algorhythm Holdings, Inc. (the “Company”) held its annual stockholder meeting on January 13, 2025, at which stockholders voted to authorize the Company’s Board of Directors to effect a reverse stock split of the outstanding shares of common stock within one (1) year of January 13, 2025, at a specific ratio within a range of one-for-ten (1-for-10) to a maximum of a one-for-two hundred fifty (1-for-250) and to amend the Company’s Certificate of Incorporation, as amended, to increase the number of authorized common stock from 100,000,000 to 800,000,000 shares.



On January 14, 2025, the Company’s Board of Directors determined to effect the reverse stock split of the common stock at a 1-for-200 ratio (the “Reverse Split”) and approved the filing of a Certificate of Amendment (the “Certificate of Amendment”) to the Certificate of Incorporation, as amended, of the Company to effect the Reverse Split and to increase the Company’s authorized shares of common stock from 100,000,000 to 800,000,000.



On January 14, 2025, the Certificate of Amendment to effect the Reverse Split and increase the authorized shares of common stock, was filed with the Secretary of State of Delaware.



The reverse stock split has not yet taken effect in the public markets.
👍 1
infamous infamous 2 weeks ago
i suppose this COULD jump back to .07 to .09 area, but who knows
👍️ 1
infamous infamous 2 weeks ago
rime at .04 now. say it aint so?
👍️0
Cornwhale Cornwhale 2 weeks ago
RIME ….. 🚀
👍️ 1
infamous infamous 2 weeks ago
almost no posting now here. .0377 AH. awesome. thanx to all the pumpers who screwed everyone here
👍️0
infamous infamous 2 weeks ago
ahhh the P and D is finally over. and whats left is still about 50% too high at .04
👍️0
Drugdoctor Drugdoctor 3 weeks ago
31% down today and you are laughing. Reverse split soon - that will get the stock up high enough to short.
👍️0
Double DD Double DD 3 weeks ago
Can the stoch go any lower, ha haaa!! Be negative Soon
👍️0
Drugdoctor Drugdoctor 3 weeks ago
No, about time to short it AFTER the reverse split, lmao
👍️0
Double DD Double DD 3 weeks ago
About time to Cover soon! 
👍️0
Drugdoctor Drugdoctor 3 weeks ago
Imminent REVERSE SPLIT now. People are fleeing, the company will reverse split, then dump a ton of new shares and crush the price again. The company survives to dilute again, but the investors don't survive, the $$$ is gone.
👍️0
Double DD Double DD 3 weeks ago
Some heavy shorting!! Or naked shorting!! 
👍️0
firebag1 firebag1 3 weeks ago
Looks great if you’re buying lol I can’t understand who is after yesterday’s filing. I think with all this stupidity it might look over .10
👍️0
Princess17 Princess17 3 weeks ago
I'm getting a beating here
👍️0
firebag1 firebag1 3 weeks ago
RIME COME ON MFUKKERS
👍️0
firebag1 firebag1 3 weeks ago
wtf is this price?? fucking really?? below .10 fucken mms
👍️0
firebag1 firebag1 3 weeks ago
$$$$$
👍️0
Double DD Double DD 3 weeks ago
They have a month to really push it to over a dollar!! Let's see what happens!! 
👍️0
Double DD Double DD 4 weeks ago
I'm pretty sure Rime has had 2 public offerings of common stock recently! 1 for 55 mill at .17 and another at .o85 for 24 million. If that's the case float should be close to maxed out. I'm pretty sure these investors are not looking to just get there money back!! 5 to 1ox there money I would think.. so from .17 that's a decent run imo!! We shall see how this plays out!! Rime
👍️ 1 😎 1
AlwaysKing AlwaysKing 4 weeks ago
$RIME ~With the massive volume yesterday the SP should NOT be sitting under .20 right now! Look at the Key stats and details from today and realize what I mean when you view the market cap and total Outstanding Shares available to the public to trade with as you consider the 700 million share volume traded yesterday:
Current Price:
0.165
Bid
0.161
Ask
0.165
Volume
63,182,575
Day's Range
0.1845
0.1210
52 Week Range
0.7861
.0725
Market Cap
$2.346M
Previous Close
0.227
Open
0.1663
Last Trade
80
@
0.161
Last Trade Time
Financial Volume
$10,260,901
VWAP
0.162401
Average Volume (3m)
53,958,953
Shares Outstanding
14,215,176
👍️0
AlwaysKing AlwaysKing 4 weeks ago
Before you type a judgemental response to what I had mentioned, think! The OS shows there are only 14 million shares available for the public to trade with! There was 700 million shares traded yesterday alone mostly above .25 and even if the whole authorized share count of 100 million were sold into the market that would still amount to 7x in volume! So, if most everyone owns their shares higher than .20 or even .25 for that matter then what is it sitting down under .20 for today? It is what the hedge funds do. They sell shares into the market through naked shorting that they don't own to cause the price to drop below what everyone paid for their shares yesterday, so that when people sell their shares at a loss it's to the naked shorting hedge funds gain as they buy the shares for much lower than they sold them into the market for! Once it hit .33 yesterday the hedge funds went to work and decimated the share price through naked shorting. And here today with the share price underneath the price of every share that was purchased yesterday proves that to be fact! There isn't any bad news that came out about the company to cause the price to fall under the low yesterday is there? NOPE!
👍 1
firebag1 firebag1 4 weeks ago
BIGGGGG TIMEEEEEEE!
👍️0
Double DD Double DD 4 weeks ago
Flipped the float over 15x today alone!! Think about that!! 15x,, there's definitely Alot of Naked Shorting!! 
👍 1
willpellel willpellel 4 weeks ago
Ok. Someone needs to explain things to you. It was 8 cents just 3 trading days ago. Today, it closed at 22.7 cents. That's a 14.7 cent increase representing 183%.

Before you type, think.
👍️0
AlwaysKing AlwaysKing 4 weeks ago
I don't know after reviewing the 1.1 billion share volume day on the 17th of December and how the SP only went from .08 to .10 in 2 days of trading during that time. It appears that the share price is being manipulated big time because usually when there is over a billion shares in volume a share price normally runs 100's of a percent not 25%. So, just like on the 17th of last month we have another massive share volume day and look at the small percentage increase in our SP. What gives? It really doesn't make any sense. I wish I had a job at the market makers or had a friend that did who could look into what is happening from the inside, so I can understand how this is even possible. Our SP is currently sitting underneath 98% of all of the shares purchased today at higher prices and most at much higher prices!
👍️0
firebag1 firebag1 4 weeks ago
$$$$RIME after hours might kaboom!!!
👍️0
AlwaysKing AlwaysKing 4 weeks ago
$RIME ~Time to short squeeze the hedge funds making them have to buy back the naked shorted shares they sold into the market and make this baby run! Hopefully this rises back into the .30's in after hours trading giving it a nice positive feeling going into tomorrow's trading! The RSI is only at 70 so the upside potential with the massive volume today is still big especially with a short squeeze taking affect!
👍️0
Double DD Double DD 4 weeks ago
Agree 110%!! No way we should be only in the 20s!! They need to let this thing Run!! Insane volume on a small float!!
👍️0
peterus peterus 4 weeks ago
14 mil O/S lol think its 40 mil 
👍 1
firebag1 firebag1 4 weeks ago
RIME $$$$$$$
👍️0
firebag1 firebag1 4 weeks ago
shares sold at 6 digits lmfao
.213199 fucken cocksuckers
👍️0
firebag1 firebag1 4 weeks ago
ii called a reversal at .183.....maybe im right for a fucking change lol
bought 10,000 more at .185
👍️0
firebag1 firebag1 4 weeks ago
just watching L2....3 share trades. 1 share trades , 9 share trades, 4 share trades , oh theres on 17 share trade.....do you fucken think a retail investor is gonna sell one share for .201922 and pay a $8.99 commission or whatever it is?? like fuck already....manipulation and it stinks like a dugout full of dead rotting fucking pigs in the hot florida sunshine!!!! lol
👍️0
firebag1 firebag1 4 weeks ago
of course its naked short selling!!! the corruption with these fucking mms is absolutely abhorrent!! i hope Trumps team cleans this shit up!!! its bullshit!! You should never be able to bet against a stock falling cause its a no brainer...little bit of selling pressure and boom it goes down pretty easy and fucking slimy...but thats how its been forever...will it change???? all i know is the small time investor always gets fucked lol
👍️0
LowFloatLopes LowFloatLopes 4 weeks ago
In for a few #lotto
👍️0
AlwaysKing AlwaysKing 4 weeks ago
Even with all of that that you mention, there has still been over a half of a billion shares that traded over .20, so why has our SP dipped under .20? It has the appearance of naked shorting by the hedge funds because 10x every share in the 14 million OS is owned above .25 right now, minus the few investors who bought cheaper that are holding their positions still. The hedge funds probably shorted the stock from the .60 range three months ago down to the dime range this past week and they are doing it again because it ran too fast for them to buy their naked shares back, so they are naked shorting the stock more to manipulate the share price down for people to sell into their greedy hands. Never have I seen this much volume in a security with such a small amount of shares that the public can trade with and it is at the low of the day after 600 million shares traded in the first few hours of the day. It makes no sense at all unless it's being naked shorted which is the only plausible reason! With the amount of volume we should be trading above a dollar a share right now, not in the low .20's!
👍 1
firebag1 firebag1 4 weeks ago
conversions? fear? dilution? buddy i dont know i dont get it either..we got a huge pop today so couldl be profit taking as it comes down...8 cent buy in to sell at .18 is good profit from yesterday...i think it will bounce back soon..after hours
👍️0
AlwaysKing AlwaysKing 4 weeks ago
$RIME ~Where are all of the shares coming from getting sold under .25? 10x if not 20x the 14 million OS has traded above .25 today already in volume. How are there any shares left to sell underneath .25? This makes no sense! With the massive volume today our SP be above a dollar right now not in the low .20's! What gives? Can anyone answer how there has been over a half of a billion shares in volume today and we're still sitting in the low .20's?
👍️0
firebag1 firebag1 4 weeks ago
accumulating down here......future looks good to me...adding and holding
👍️0
AlwaysKing AlwaysKing 4 weeks ago
$RIME ~Over a billion shares traded in mid December in one day around .10 to .12 and today we're on track for another billion share day which should no doubt make our SP rise much higher than a measly quarter especially with RIME exhibiting their new technologies at the CES and the fact that there are only 14 million Outstanding Shares. Our SP was trading near .60 in October.

RIME SECURITY DETAILS
Share Structure
Market Cap Market Cap
2,058,357
01/06/2025
Authorized Shares
100,000,000
08/13/2024
Outstanding Shares
14,215,176
11/19/2024
Restricted
3,861,879
08/13/2024
Unrestricted
7,217,799
08/13/2024
Held at DTC
6,826,767
08/13/2024
Float
Not Available
Par Value
Not Available
👍️0
GREGG THE GREEK GREGG THE GREEK 4 weeks ago
Just logged back in here and yes that's what I am referring to w CES.
👍️0
firebag1 firebag1 4 weeks ago
.33s a bit ago - should go over .45
👍️0
AlwaysKing AlwaysKing 4 weeks ago
$RIME ~Never mind my Q about what you're referring to mentioning CES!...? You're referring to the Consumer Electronics Show this week where they are unveiling their new advanced technologies that is going to go global! ~No wonder why there has already been over 527 million shares traded in RIME this morning already! This could easily ramp back up over .50 this week! ~I can't understand how our share price isn't much higher after a half of a billion shares have already traded!...? ~CRAZINESS!!!
👍️0
kittycattttt kittycattttt 4 weeks ago
Fillipinos love to sing 🎤 
👍️0
AlwaysKing AlwaysKing 4 weeks ago
$RIME ~Good morning Gregg, What do you mean by everyone is looking forward to the CES? What is the CES that's coming this week? ~The share structure is very small in this one! With over 385 million share traded already this morning this one can grow some big wings and shoot to the stars! Remember in October this was trading over .50.
👍️0

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