• Algorhythm Holdings posted net loss from continuing operations of USD 5.38 million, or USD 0.52 per share, for quarter ended March 31, 2026, narrowing from USD 7.55 million, or USD 3.77 per share, a year earlier.
• Net sales rose to USD 2.4 million from USD 123,000, while cost of sales climbed to USD 3.08 million from USD 129,000.
• Operating expenses increased to USD 3.67 million from USD 1.06 million, driven by higher general and administrative costs tied to growth and development of SemiCab.
• Cash and restricted cash totaled USD 10.94 million at March 31, 2026; net cash used in operating activities was USD 3.92 million.
• Outlook calls for net sales to increase substantially over next 12 months as SemiCab expands in India and begins generating business in United States and Europe, with operating expenses and net loss expected to rise as investment continues.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algorhythm Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022876), on May 14, 2026, and is solely responsible for the information contained therein.