Reports Q2 revenue $2.7M vs $2.44M last year. “Our second quarter was marked by the achievement of several milestones that built upon the momentum that we gathered during our first quarter,” stated Gary Atkinson, Chief Executive Officer of Algorhythm (RIME). “With the acquisition of SemiCab India and the sale of our Singing Machine business, we transformed Algorhythm Holdings into a high-growth, technology-focused AI distribution and logistics company while significantly reducing our cash burn and strengthening our balance sheet.”
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