{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-042363","form_type":"8-K","ticker":"RIME","cik":"0000923601","company_name":"Algorhythm Holdings, Inc.","filed_at":"2023-11-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.424009+00:00","generated_at":"2026-06-07T23:08:18.285839+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Singing Machine reports Q2 FY2024 revenue $15.9M, net income $0.1M vs $0.6M YoY","bullets":["Revenue decreased 7% to $15.9M from $17.1M year-over-year due to backlog and co-op accrual.","Gross margin improved to 23.2% from 22.5% on product mix and lower freight costs.","Net income fell to $0.1M from $0.6M on lower sales and higher operating expenses.","Ended quarter with $3.2M cash, positive working capital $8.7M, no material debt.","Transitioned to outsourced logistics model expected to reduce future warehousing and staffing costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-042363","json":"https://secwatch.observer/filing/0001493152-23-042363.json","markdown":"https://secwatch.observer/filing/0001493152-23-042363.md","text":"https://secwatch.observer/filing/0001493152-23-042363.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923601/000149315223042363/0001493152-23-042363-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923601/000149315223042363/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T23:08:18.285839+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"339f90e348b17f4023de2c7c4ae6a2929fd256e3","claim":"Algorhythm Holdings, Inc. reported the three months ended September 30, 2023 results: revenue $15.9 million, net income $0.1 million.","evidence_excerpt":"Revenues for the 3 months ended September 30, 2023 were $15.9 million, as compared to $17.1 million for the same period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/923601/000149315223042363/0001493152-23-042363-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2023"},{"label":"Revenue","value":"$15.9 million"},{"label":"Net income","value":"$0.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}