Algorhythm Holdings Announces Record First Quarter 2026 Financial Results

Revenue Increases 71% Sequentially as Cash Balance Grows to Almost $11 Million  Fort Lauderdale, FL, May 14, 2026 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (the “Company”) (NASDAQ: RIME) – a leading provider of AI-powered logistics solutions, today announced its financial results for the first quarter ended March 31, 2026, including the achievement of a record amount of revenue since becoming a pure-play AI technology company. First Quarter 2026 Financial Highlights Revenue increased $1.0 million, or 71%, sequentially to $2.4 million for the three months ended March 31, 2026 compared to $1.4 million for the three months ended December 31, 2025.