Algorhythm Holdings, Inc. (RIME)

Algorhythm Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	1.13	7.55	6.7	2.9	2.29	0.4
Cash & Short-Term Investments	1.13	7.55	6.7	2.9	2.29	0.4
Cash Growth	-8.92%	12.64%	131.54%	26.39%	477.56%	14.88%
Accounts Receivable	2.44	4.59	7.58	2.31	2.94	2.3
Other Receivables	-	-	-	-	0.1	4.56
Receivables	2.44	5.29	7.58	2.31	3.04	6.86
Inventory	2.73	2.19	6.87	9.09	14.16	5.49
Prepaid Expenses	1.22	0.12	0.14	0.35	0.34	0.22
Other Current Assets	0.09	1.62	1.92	0.56	0.01	0.02
Total Current Assets	7.62	16.76	23.21	15.2	19.84	12.98
Property, Plant & Equipment	0.25	0.38	4.33	1.19	1.84	2.75
Goodwill	4.42	0.79	-	-	-	-
Other Intangible Assets	0.32	0.35	-	-	-	-
Long-Term Deferred Tax Assets	-	-	-	-	0.89	0.89
Other Long-Term Assets	0.09	0.03	0.18	0.26	0.09	0.15
Total Assets	12.7	18.3	27.72	16.65	22.67	16.76
Accounts Payable	2	3.81	7.62	1.77	5.33	2.46
Accrued Expenses	3.3	4.22	2.61	2.27	1.8	1.72
Short-Term Debt	-	-	-	-	2.5	0.06
Current Portion of Long-Term Debt	2.14	0.27	-	-	0.43	0.74
Current Portion of Leases	-	-	-	0.51	0.88	0.8
Other Current Liabilities	1.82	20.14	5.98	1.58	1.09	1.24
Total Current Liabilities	9.25	28.44	16.21	6.13	12.02	7.03
Long-Term Debt	0.64	0.39	-	-	0.14	0.48
Long-Term Leases	-	-	3.93	0.09	0.47	1.33
Other Long-Term Liabilities	-	-	0	0.1	-	-
Total Liabilities	9.89	28.82	20.14	6.32	12.63	8.85
Common Stock	0.03	0.01	-	0.03	0.01	0.01
Additional Paid-In Capital	63.85	39.68	33.49	29.82	24.9	20.15
Retained Earnings	-58.95	-49.17	-25.92	-19.52	-14.88	-12.25
Comprehensive Income & Other	-	-	-	-0.01	-	-
Total Common Equity	4.17	-9.49	7.58	10.33	10.04	7.91
Minority Interest	-1.36	-1.04	-	-	-	-
Shareholders' Equity	2.81	-10.52	7.58	10.33	10.04	7.91
Total Liabilities & Equity	12.7	18.3	27.72	16.65	22.67	16.76
Total Debt	2.78	0.65	3.93	0.6	4.42	3.42
Net Cash (Debt)	-1.65	6.9	2.78	2.3	-2.13	-3.03
Net Cash Growth	-	148.38%	20.89%	-	-	-
Net Cash Per Share	-1.42	104.99	125.50	163.45	-	-
Filing Date Shares Outstanding	2.51	2.39	0.35	0.02	0.02	-
Total Common Shares Outstanding	2.51	0.47	0.03	0.02	-	-
Working Capital	-1.63	-11.68	7	9.07	7.82	5.95
Book Value Per Share	1.66	-20.15	236.15	652.33	-	-
Tangible Book Value	-0.56	-10.62	7.58	10.33	10.04	7.91
Tangible Book Value Per Share	-0.22	-22.55	236.15	652.33	-	-
Machinery	2.88	2.82	2.74	3.02	-	-

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q