Algorhythm Holdings, Inc.
RIMENasdaqTechnology · Services-Computer Integrated Systems Design · DE · SEC filings ↗ · Compare ⊕
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SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $4.4M | $23.5M | $29.2M | $47.5M | $45.8M | $38.5M |
| Operating income | −$7.9M | −$13.9M | −$6.1M | $69,235 | $1.4M | −$3.2M |
| Net income | −$15.9M | −$23.3M | −$4.6M | $230,471 | $2.2M | −$2.9M |
| Total assets | $12.7M | $18.3M | $27.7M | $22.7M | $16.8M | $16.6M |
| Total liabilities | $14.6M | $28.8M | $20.1M | $12.6M | $8.9M | $10.9M |
| Equity | −$1.9M | −$10.5M | $10.3M | $10.0M | $7.9M | $5.7M |
| EPS (diluted) | $-6.41 | $-353.87 | $-263.04 | $0.14 | $1.67 | $-0.07 |
| Shares out. | 2.4M | 470,825 | 4.2M | 3.0M | 39.1M | 38.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −181.0%
- Net margin
- −361.4%
- Return on equity
- 853.3%
- Return on assets
- −124.7%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 114.6%
- Debt / equity
- —
- Book value / share
- $-0.78
- Revenue growth (YoY)
- −81.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -24.35distress
- Accruals / assets
- −67.3%clean
- Piotroski F-Score
- 3/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 5 warning● 2 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2026
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2025
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2025
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2024
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Ionic Ventures, LlcPassive (13G)May 12, 2026
- L1 Capital Global Opportunities Master Fund, Ltd.Passive (13G)Feb 17, 2026
- Streeterville Capital LlcPassive (13G)Dec 16, 2025
- Regalia Ventures LlcActivist (13D)Feb 19, 2025
- Stingray Group Inc.Activist (13D)Feb 19, 2025
- S.H.N. Financial Investments Ltd.Passive (13G)Feb 14, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 835,706 | 1.0 | -17.9% |
| Apr 30, 2026 | 1.0M | 2.2 | +0.4% |
| Apr 15, 2026 | 1.0M | 1.1 | +21.6% |
| Mar 31, 2026 | 833,801 | 1.2 | -46.1% |
| Mar 13, 2026 | 1.5M | 1.0 | -10.7% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventMay 21, 2026
- Entered a material agreementMay 11, 2026
- Debt acceleration / triggering eventMay 7, 2026
- Regulation FD disclosureMay 5, 2026
- Unregistered equity sale · Director / officer changeFeb 27, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleFeb 23, 2026
- Other material eventJan 23, 2026
- Entered a material agreement · New financial obligation · Unregistered equity saleDec 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.