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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Algorhythm Holdings
Algorhythm Holdings (RIME) investor relations material
Algorhythm Holdings Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary14 Aug, 2026
Executive summary
Net sales for Q2 2026 rose to $3.0M from $1.2M in Q2 2025, driven by the SemiCab business, SMCB acquisition, and expanded key customer relationships in India.
Revenue grew 25% sequentially and 161% year-over-year to $3.0 million in Q2 2026.
The company reported a net loss from continuing operations of $4.1M in Q2 2026, up from $1.2M in Q2 2025, mainly due to higher administrative expenses and interest costs.
The sale of the Singing Machine business in August 2025 resulted in a strategic shift, with all results now reflecting only the SemiCab segment.
Continued commercial expansion in North America and increased business development investments.
Financial highlights
Q2 2026 revenue: $3.0 million, up from $2.4 million in Q1 2026 and $1.2 million in Q2 2025.
Net sales for the six months ended June 30, 2026 were $5.4M, up from $1.3M year-over-year.
Gross loss for Q2 2026 was $0.6M, compared to $0.3M in Q2 2025.
Net loss attributable to common shareholders for Q2 2026 was $3.8M, compared to $0.6M in Q2 2025.
Cash and restricted cash at June 30, 2026 totaled $8.0M.
Outlook and guidance
Management expresses substantial doubt about the company’s ability to continue as a going concern for at least one year without additional capital.
Plans include seeking further external financing through equity or debt, but no arrangements are in place.
Management emphasized a focus on financial discipline, cost control, and evaluating business and acquisition opportunities to enhance long-term shareholder value.
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Latest events from Algorhythm Holdings
- AI-powered freight platform slashes empty miles and costs, driving rapid global expansion.RIME
Investor presentation - AI logistics firm faces dilution and going concern risks as up to 10M shares are registered for resale.RIMERegistration filing
- Record $2.4M revenue and narrowed losses highlight growth, but liquidity risks persist.RIMEQ1 2026
- AI logistics firm registers 10M shares for resale, raising dilution and going concern risks.RIMERegistration filing
- AI logistics firm registers 10M shares for resale, posing dilution and liquidity risks.RIMERegistration filing
- Revenue soared 1,370% to $4.4M as new contracts and SaaS expansion fueled growth and margin improvement.RIMEQ4 2025
- Q3 revenue up over 1,200% to $1.7M, but liquidity and concentration risks remain.RIMEQ3 2025
- Net income rose to $1.2M on lower sales, but liquidity and going concern risks remain.RIMEQ3 2024
- Sales and cash declined, net loss widened, and going concern doubts persist after SemiCab deal.RIMEQ2 2024
Next Algorhythm Holdings earnings date
Q3 202618 Nov, 2026
Algorhythm Holdings
Next Algorhythm Holdings earnings date
Q3 202618 Nov, 2026
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Frequently asked questions
The Singing Machine Company Inc designs and sells consumer karaoke products, including portable karaoke systems, accessories, and music subscriptions. It targets family entertainment markets through retail and online distribution. The company is headquartered in Fort Lauderdale, Florida, and its shares are listed on the NASDAQ.