Los Angeles, CA, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Following last week's rapid appreciation in shares of Algorhythm Holdings (NASDAQ:RIME), Warp issued a statement today cautioning that public market enthusiasm should not be confused with structural freight innovation. "Stock volatility does not equal freight efficiency," said Daniel Sokolovsky, Co-Founder and CEO of Warp. "A ticker can move in days. A national logistics network cannot." Algorhythm Holdings' surge, widely attributed to investor excitement around artificial intelligence applications in domestic freight, has reignited debate around what constitutes real AI disruption inside physical supply chains. Warp leadership arg

Pilot program to bring one of the world's most iconic FMCG brands onto SemiCab's collaborative AI platform; aims to cut transportation costs and reduce empty miles for iconic beverage brand Fort Lauderdale, FL, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today announced that SemiCab has been awarded a pilot program with Hindustan Coca-Cola Beverages Private Limited ("Coca-Cola India"), a subsidiary of The Coca-Cola Company and its largest bottling partner in India, to launch a pilot transportation program on SemiCab's collaborative freight platform. SemiCab will onboard Coca-Cola India onto SemiCab's Collabo

Funding Positions Company to Execute Global Growth Strategy for SemiCab Platform Fort Lauderdale, FL, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today announced it has received an additional $9.5 million under its existing $20 million financing facility, bringing total capital raised under the facility to $19.5 million. At completion of this new funding, Algorhythm reported approximately $12.5 million in cash on hand, providing ample capital to support the continued expansion of its SemiCab platform in India, the U.S., and other international markets. "We are now fully funded to execute our business plan i

DENVER, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Execution is the theme this morning, as a cluster of emerging growth names move from pilot programs and strategic roadmaps into operational scale. Kraig Biocraft Laboratories Moves from Plan to Production Kraig Biocraft Laboratories (OTCQB:KBLB) announced that its 2026 production strategy has officially shifted into execution mode, with bio-material moved into incubation ahead of its March production run. The company is targeting sustained monthly 10 metric-ton-level output of recombinant spider silk cocoons, an ambitious scale-up initiative in a niche but potentially transformative advanced materials market. CEO Kim Thompson characterized the d

CEO Gary Atkinson Highlights the Need to Bring Intelligent Coordination to Freight at Scale Fort Lauderdale, FL, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today articulated its long-term vision for transforming the freight trucking industry. A Massively Fragmented Industry The global freight industry is enormous in scale. According to the U.S. Department of Transportation, approximately 3 million tractor-trailers operate on U.S. highways, with many millions more moving goods across international supply chains. Together, they transport trillions of dollars' worth of products that power the global economy.

New White Paper Highlights 4x Productivity Gains Over Traditional Brokers Fort Lauderdale, FL, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today announced that its SemiCab platform in live customer deployments is enabling its customers' internal operations to scale freight volumes by 300% to 400% without a corresponding increase in operational headcount. These results, detailed in SemiCab's recently published industry white paper, demonstrate how the company's AI-driven Collaborative Transportation Platform is transforming freight management from a labor-intensive, manual process into a highly automated, int

Fort Lauderdale, FL, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today announced that it has published a whitepaper demonstrating that its SemiCab platform reduces empty freight miles by more than 70% across active customer networks. According to Mordor Intelligence, a leading market research firm, the global truckload transportation industry represents an approximately $3 trillion annual market. With trucks driving empty nearly one out of every three miles, more than $1 trillion in freight spending is lost to inefficiency each year. If deployed at scale, Algorhythm believes its SemiCab platform has the poten

Company to Showcase Its Revolutionary APEX AI SaaS Solution at Premier US Retail Logistics Trade Show Fort Lauderdale, FL, Jan. 29, 2026 (GLOBE NEWSWIRE) --  Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today announced it will attend and exhibit at the upcoming Link 2026: The Retail Supply Chain Conference. The event is hosted by the Retail Industry Leaders Association and will be held February 1-4 at the Gaylord Palms Hotel in Orlando, Florida. It brings together industry leaders from over 100 national retailers, dozens of leading logistics providers, technology innovators, and supply chain executives. The event is widely considered the prem

Hindustan Unilever, Ltd. Awards SemiCab $1.6 Million Contract Expansion that Provides SemiCab With Important Strategic Geographic Synergies Fort Lauderdale, FL, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today announced its first contract expansion of 2026. SemiCab was awarded $1.6 million in new business by Hindustan Unilever, Ltd. ("HUL"), the Indian-based subsidiary of Unilever, one of the global leaders in consumer packaged goods and one of the largest shippers in India. The award represents a more than 10x increase in contract value over the value of the pilot program the parties were previously operat

Company Achieves Record ARR in December, Representing a 300% Increase Over the Past 12 Months Fort Lauderdale, FL, Jan. 14, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, announced today that achieved an annualized revenue run rate ("ARR") of $9.7 million during December 2025, representing a 300% increase over the $2.5 million ARR that the company reached at the end of 2024. During 2025, SemiCab achieved five new contract wins with some of the largest multinational fast moving consumer goods companies (FMCGs) in India and was awarded seven contract expansions for increased lanes and trip volume. SemiCab is taking an inc

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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 years of demonstrated track record in positions of increasing responsibility in high-growth disruptive technology sales, primarily in the logistics space. Michael's sales pedigree include

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-edge technologies will further strengthen the company's governance and strategic leadership as it accelerates growth in AI-powered freight logistics. Kapil Gupta is a seasoned global te

Experienced Marketing Executive Brings Over a Decade of Brand Development and Growth Expertise Fort Lauderdale, FL, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), an AI technology holding company, announced today that its subsidiary, SMCB Solutions Private Limited ("SemiCab India"), has appointed Vasudha Khurana as VP of Brand and Communications for SemiCab's global market. Khurana will lead the development of SemiCab's brand, marketing strategies, and global go-to-market initiatives for multiple product launches lined up. Vasudha brings 12 years of marketing and business experience, with tenures at Google and Unilever (Hindustan Unilever Limi

Mr. Kapoor Brings more than 30 Years of Supply-Chain,Logistics Technology and Go-To-Market Leadership to the Board Fort Lauderdale, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology and consumer electronics holding company, today announced the appointment of Ajesh Kapoor to its board of directors effective May 19, 2025. Mr. Kapoor brings more than 30 years of logistics and supply chain technology innovation and leadership to the Company's Board. During his career, Ajesh has designed and implemented industry-leading supply chain and logistics solutions for several leading international companies. Mr. Kapoor is the Founder and

Fort Lauderdale, FL, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, today announced the appointment of Alex Andre as the Company's Chief Financial Officer and General Counsel. In this role, Mr. Andre will be a key thought partner to the executive leadership team and will be responsible for all corporate finance and legal functions, including audit, accounting, tax, treasury, cash management, financial planning and analysis, and reporting. Mr. Andre brings nearly 25 years of executive management, financial, legal and operational experience to Algorhythm Holdings. For the past 18 ye

Apollo Tyres, Ltd Awards SemiCab Scalable Pilot Contract for Transportation Services in India Fort Lauderdale, FL, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ:RIME), an AI-driven technology and consumer electronics holding company, announced today that SemiCab, Inc.'s subsidiary, SMCB Private Solutions Limited ("SemiCab India"), has entered into a master service agreement (MSA) with Apollo Tyres, Ltd. ("Apollo"), India's largest tire manufacturer. As a top 10 global tire producer, Apollo generated over $3 billion in sales in 2023, operating in more than 100 countries across Asia, Europe, and North America. Algorhythm's subsidiary SemiCab Holdings,

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New Fortune 500 customer contracts, 10x increase in contracted freight volume, and successful launch of Apex SaaS platform are expected to drive accelerating long-term revenue growth  Fort Lauderdale, FL, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – a leading AI technology company, today issued a year-end business recap of the corporate transformation that it underwent during 2025 and the strong revenue growth achieved by its SemiCab business. Algorhythm entered the second half of the year as a pure-play AI logistics platform following the divestiture of its legacy Singing Machine consumer electronics business in August. Algorhythm has enter

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 2025 compared to $1.8M for the same period last year.Net loss from continuing operations decreased to $1.9M for the third quarter of 2025 compared to $2.1M for the third quarter of 20

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: 888-999-3182Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: https://ir.algoholdings.com About Algorhythm Holdings Algorhythm Holdings, Inc. is a leading AI t

Fort Lauderdale, FL, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI technology holding company, announced today its results of operations for the second quarter ended June 30, 2025. Second Quarter Financial Highlights: Revenues increased to $2.7 million in the second quarter of 2025 compared to $2.4 million in the same period last year.Gross profit margin increased to 35.1% in the second quarter of 2025 from 13.3% in the same period of the prior year. Gross profit was approximately $1.0 million for the second quarter 2025. Total operating expenses decreased by $4.8 million to $1.7 million in the second quarter of 2025, compared to $6.5 m

Fort Lauderdale, FL, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ:RIME), an AI technology holding company, today announced that it will release its second quarter 2025 earnings today, Tuesday August 19, 2025 after market close. Management will host a conference call tomorrow, Wednesday, August 20, 2025, at 10:00 a.m. Eastern Time to discuss the financial results and provide a business update. Conference Call Details: Date: Wednesday, August 20, 2025Time: 10:00 a.m. EDT Dial-in number: 888-999-3182Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: https://ir.algoholdings.com About A

Fort Lauderdale, FL, May 14, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ: RIME) -- AI technology and consumer electronics holding company -- today announced that its earnings for its first quarter 2025 will be released on Thursday, May 15, 2025. Management will host a conference call on Friday, May 16, 2025, at 10:00 a.m. Eastern Time to discuss the financial results and provide a business update. Conference Call Details: Date: Friday, May 16, 2025Time: 10:00 a.m. EDT Dial-in number: 888-999-3182Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: https://ir.algoholdings.com About Algorhythm

Acquisition Adds Multiple Multinational Customers in India and Unlocks Scalable Growth Opportunities in Rapidly Growing Indian Market  Fort Lauderdale, FL, May 05, 2025 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME), a diversified technology-driven holding company, today announced the acquisition of SMCB Solutions Private Ltd., an India private limited company ("SemiCab India"). This marks Algorhythm's second transaction with SemiCab, Inc. following the acquisition of its U.S. business in July 2024. Under the terms of the deal, Algorhythm's subsidiary, SemiCab Holdings, LLC, acquired 9,999 of the 10,000 issued and outstanding equity shares of SemiCab India. I

 SemiCab India Acquires New Client for Pilot Program Fort Lauderdale, FL, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (NASDAQ:RIME) ("Algorhythm" or the "Company"), an AI technology and consumer electronics holding company, today announced that its subsidiary, SemiCab Holdings, LLC ("SemiCab"), has been awarded a commercially scalable pilot program with the world's sixth-largest global consumer packaged goods (CPG) producer. The new freight business, launched as a proof-of-concept initiative in late October, will initially focus on the densely populated southwestern India commercial corridor. SemiCab will provide enterprise-level software services to SMCB Solutions Privat

Fort Lauderdale, FL, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm") (NASDAQ: RIME) – an AI-driven technology and consumer electronics holding company, announced today its results of operations for the three- and nine- month periods ended September 30, 2024. CEO Commentary "We are pleased to share our third-quarter results," said Gary Atkinson, CEO of Algorhythm. "This was a highly active and transformational period for our business. We focused on integrating our recent acquisition of SemiCab, secured notable new pilot contracts for SemiCab's logistics technology platform, and finalized a landmark OEM partnership for our automotive karaoke technology with BYD,

Fort Lauderdale, FL, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. ("Algorhythm Holdings" or the "Company") (NASDAQ: RIME) -- an AI technology and consumer electronics holding company -- today announced that its earnings for its third quarter 2024 will be released on Tuesday, November 19, 2024. On Wednesday, November 20, 2024, Management will host a conference call at 10:00 am Eastern time to discuss the financial results and provide a business update. Conference Call Details: Date: Wednesday, November 20, 2024Time: 10:00 a.m. ET Dial-in number: (888)-800-3146Conference ID: RIME An audio rebroadcast of the call will be available later in the day at: http://www.singingmachi