Algorhythm Holdings Announces $12 Million Annualized Revenue Run Rate

Rapid Growth Driven by Expanding Freight Network and Strong Enterprise Demand Fort Lauderdale, FL, April 20, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), a leading provider of AI-powered logistics solutions, today announced that SemiCab has surpassed a $12 million annualized revenue run rate (ARR), reflecting continued strong growth in both customer demand and network scale. This milestone represents a more than 20% increase over the $10 million ARR previously announced in late December 2025.