Financial Data and Key Metrics Changes - Revenue for Q3 2025 increased to $1.7 million from $100,000 in Q3 2024, primarily due to the acquisition of SMCB Solutions Private Limited [7] - Annualized revenue run rate for Semicab has tripled to over $7 million since January 2025, with expectations to generate around $2 million in Q4 2025 [8] - Gross loss for Q3 2025 increased to $351,000 from $32,000 in Q3 2024, with gross margin percentage improving to -20% from -25% [8][9] - Net loss for Q3 2025 decreased to $1.8 million from $2.1 million in Q3 2024, attributed to cost reduction measures [11] Business Line Data and Key Metrics Changes - Semicab's operations in India contributed $1.7 million in revenue during Q3 2025, while the legacy U.S. business generated $100,000 in Q3 2024 [7] - The company added four new Fortune 500 clients in India and converted five pilot programs into multi-million dollar contract expansions [4] Market Data and Key Metrics Changes - The global truckload transportation market is approximately $3 trillion per year, with significant inefficiencies leading to over $1 trillion in costs due to empty miles [3] - In India, truck utilization rates improved to approximately 85%, outperforming the industry average by more than 20 percentage points [4] Company Strategy and Development Direction - The company is focused on disrupting freight logistics through AI and network optimization, with a new SaaS platform, Semicab APEX, aimed at enhancing scalability and profitability [13][14] - APEX is designed to integrate easily with existing transportation management systems, allowing for rapid deployment and global adaptability [14] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the U.S. market for APEX due to higher gross margins and scalability compared to operations in India, which require more operational resources [28] - The company anticipates substantial revenue growth over the next 12 months, with an expected annualized revenue run rate of $15 million to $20 million by the end of next year [8] Other Important Information - The company completed the sale of its legacy Singing Machine business, resulting in a clean financial presentation focused solely on core operations [2][6] - Operating expenses for Q3 2025 decreased to $1.2 million from $1.8 million in Q3 2024 due to cost reduction measures [10] Q&A Session Summary Question: Can you explain the go-to-market strategy for APEX? - Management identified three verticals for APEX: enterprise shippers, 3PL warehousing customers, and carriers, emphasizing the ease of integration with existing systems [18][19][20] Question: Is the U.S. market a better immediate target than India? - Management highlighted the higher gross margins and scalability of the U.S. market for APEX, while acknowledging significant growth opportunities in India that require more operational resources [28]

SemiCab Delivers 13X Growth YoY for the Quarter and over 23X Growth YTD Fort Lauderdale, FL, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – a leading AI technology company, announced today its results of operations for its third quarter ended September 30, 2025. Third Quarter Financial Highlights* Revenue increased to $1.7M for the third quarter of 2025 compared to $0.1M for the third quarter of 2024.Operating expenses decreased to $1.2M for the third quarter of ...

Fort Lauderdale, FL, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ: RIME), a leading AI technology company, today announced that it will release its third quarter 2025 earnings on Wednesday, November 19, 2025. Management will host a conference call on Wednesday, November 19, 2025, at 10:00 a.m. Eastern Time to discuss the financial results and provide a business update. Conference Call Details: Date: Wednesday, November 19, 2025Time: 10:00 a.m. EST Dial-in number: 888-999-3182Conferenc ...

Core Insights - Algorhythm Holdings, Inc. has launched "Apex," an AI-driven SaaS platform aimed at enhancing logistics for 3PLs and enterprise shippers in the U.S., with potential savings in the billions [1][3] Company Overview - Algorhythm Holdings focuses on AI technology and has developed SemiCab, which provides collaborative logistics solutions [7] - SemiCab's technology has been validated by Fortune 100 companies in India, achieving double-digit cost savings and significant efficiency improvements [3] Product Details - Apex is built on SemiCab's freight orchestration engine and is designed to optimize logistics operations by predicting and planning freight movements [2][5] - The platform integrates with existing transportation management systems (TMS) and aims to reduce empty miles, potentially saving over $100 billion annually in the U.S. [4][6] Market Opportunity - The U.S. full-truckload market is valued at over $450 billion in 2025 and is projected to grow to $535 billion by 2030, with significant losses attributed to empty miles [4] - SemiCab's technology has previously reduced empty miles by over 70% in India, indicating a strong potential for similar results in the U.S. market [4] Strategic Outlook - The launch of Apex signifies a shift for Algorhythm from managed services to a scalable, technology-focused SaaS model [5] - Pilot discussions are currently underway with select U.S. 3PLs and enterprise shippers, with broader rollout plans for 2026 [6]

Seasoned Technology/Logistics Sales Veteran Brings Deep US Market Expertise Ahead of New Product Launches Fort Lauderdale, FL, Oct. 13, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME) – an AI technology company, today announced its subsidiary, SemiCab Holdings, LLC (“SemiCab”) has appointed Michael Silvagni as its new VP of US Sales. Michael will be responsible for managing an existing and expanding team dedicated primarily to the US market. Mr. Silvagni has more than 15 yea ...

Highly-accomplished leaders bring proven expertise in growth, innovation, and AI-driven transformation to support company’s next phase of expansion Fort Lauderdale, FL, Oct. 07, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), a leading AI technology company, today announced the appointment of Scott Thorn and Kapil Gupta to its Board of Directors. Their combined experience in scaling high-growth companies, guiding operational transformation, and driving adoption of cutting-e ...

Core Viewpoint - Premarket trading is showing notable activity with significant price movements indicating potential investment opportunities before the market opens [1] Premarket Gainers - Society Pass Incorporated (SOPA) has increased by 139% to $3.34 - Critical Metals Corp. (CRML) has risen by 79% to $14.30 - Sanmina Corporation (SANM) is up 26% at $144.61 - Palisade Bio, Inc. (PALI) has gained 25% to $2.00 - Advanced Micro Devices, Inc. (AMD) has increased by 24% to $205.07 - Odyssey Marine Exploration, Inc. (OMEX) is up 22% at $2.46 - Youxin Technology Ltd (YAAS) has risen by 21% to $3.14 - NioCorp Developments Ltd. (NB) is up 18% at $9.38 - Snow Lake Resources Ltd. (LITM) has increased by 14% to $5.66 - Plug Power Inc. (PLUG) is up 7% at $4.10 [3] Premarket Losers - Rich Sparkle Holdings Limited (ANPA) has decreased by 15% to $22.10 - CCH Holdings Ltd Ordinary Shares (CCHH) is down 15% at $3.73 - Xcel Brands, Inc. (XELB) has fallen by 14% to $2.04 - Quantum Computing Inc. (QUBT) is down 13% at $21.39 - Rent the Runway, Inc. (RENT) has decreased by 12% to $4.70 - MDJM Ltd (UOKA) is down 11% at $2.96 - CID HoldCo, Inc. (DAIC) has fallen by 9% to $2.72 - Algorhythm Holdings, Inc. (RIME) is down 9% at $2.47 - Corbus Pharmaceuticals Holdings, Inc. (CRBP) has decreased by 8% to $13.50 - Art's-Way Manufacturing Co., Inc. (ARTW) is down 7% at $2.58 [4]

Core Insights - Algorhythm Holdings, Inc.'s subsidiary, SemiCab Holdings, LLC, won the Best Value Award at LogiMeet 2025, a prestigious event in the fast-moving consumer packaged goods industry [2][3] - The award reflects the effectiveness of SemiCab's AI-enabled Collaborative Transportation Platform, which has expanded its service scope by over 500% since 2023 [3] Company Overview - Algorhythm Holdings, Inc. focuses on AI technology and the development of SemiCab, which addresses global supply-chain challenges for major retailers, brands, and transportation providers [5] - SemiCab's platform utilizes real-time data and advanced predictive optimization models to enhance logistics efficiency, allowing shippers to reduce costs while increasing carrier earnings [5]

Company Overview - Algorhythm Holdings, Inc. is an AI technology holding company focused on the growth and development of its subsidiary, SemiCab, which is emerging as a leader in the global logistics and distribution industry [5] - SemiCab's AI-enabled, cloud-based Collaborative Transportation Platform addresses common supply-chain problems globally, enabling major retailers, brands, and transportation providers to optimize millions of loads and hundreds of thousands of trucks [5] Leadership Appointment - SemiCab Solutions Private Limited has appointed Vasudha Khurana as VP of Brand and Communications, who will lead the development of the brand, marketing strategies, and global go-to-market initiatives for multiple product launches [1][4] - Khurana has over 12 years of marketing and business experience, including significant roles at Google, Unilever, and PhonePe, where she helped grow the user base from 250 million to 500 million [2] Strategic Importance - The CEO of SemiCab, Ajesh Kapoor, emphasized that Khurana's expertise in brand storytelling and international marketing will be crucial for scaling SemiCab into a leading global freight technology platform [4] - The company aims to maximize truck utilization and expand its customer base, with Khurana's leadership expected to enhance client engagement and thought leadership in truckload optimization technology [4]

Core Insights - Algorhythm Holdings, Inc. announced that its subsidiary, SemiCab India, secured a supply chain finance receivables facility with Bank of America, providing access to low-cost, non-dilutive working capital [2][3] Group 1: Financial Facility Details - The facility allows SemiCab India to accelerate payment on eligible accounts receivable for services provided to its three largest global customers, which are major multinational FMCG and automotive companies in India [3] - The financing arrangement is non-dilutive, with a cost of 1% above the Indian one-year Treasury Bill rate, currently around 5.6% [3] Group 2: Strategic Importance and Growth Plans - The CEO of Algorhythm emphasized the strategic partnership's significance and the quality of capital available to SemiCab, enabling faster scaling without heavy reliance on equity financing [4] - The recent $4.4 million financing, combined with the new facility, positions the company well for growth into 2026, with plans to expand client-driven financing solutions [4] Group 3: Company Overview - Algorhythm Holdings focuses on the growth of SemiCab, which addresses global supply chain challenges through its AI-enabled, cloud-based Collaborative Transportation Platform [5] - SemiCab's platform utilizes real-time data and advanced predictive optimization models to enhance logistics efficiency, benefiting both shippers and carriers [5]