Algorhythm Holdings Inc (NASDAQ: RIME) is an AI logistics technology company that operates the SemiCab platform, an AI-enabled cloud-based collaborative transportation network for freight optimization. The company generates revenue through its SemiCab platform, which serves manufacturers, retailers, distributors, and carriers by pooling freight demand and supply across shippers, regions, and timeframes to enable fully loaded round trips and reduce cost per load. As of the 10-K filed April 2, 2026, the company reported a net loss from continuing operations of $15,210,000, or $5.86 per share, for the year ended December 31, 2025, compared to a net loss of $18,884,000 for the year ended December 31, 2024. Operating expenses were $6,629,000 for FY2025. The company has been financing operations through secured pre-paid purchase agreements with Streeterville. Gary Atkinson serves as CEO and Alex Andre as CFO and General Counsel, as of April 1, 2026.

Revenue model

The SemiCab platform generates revenue by providing AI-driven freight optimization services to manufacturers, retailers, distributors, and carriers. The platform uses API-based load tendering and integrations with TMS, WMS, and ELD partners. The filing does not disclose specific revenue figures, pricing structure, or contract terms for the platform.

Products and services

SemiCab: an AI-enabled, cloud-based collaborative transportation platform that uses machine learning and predictive optimization to match freight loads, identify return legs and cross-lane flows, and enable fully loaded round trips. The platform integrates with transportation management systems (TMS), warehouse management systems (WMS), and electronic logging devices (ELD) via APIs. Individual operators have used the platform to manage more than 2,000 loads annually, per the FY2025 10-K.

Customers and end markets

Customers include manufacturers, retailers, distributors, and their carriers in the freight and logistics industry. The filing does not disclose named customers, customer counts, or revenue concentration data.

Value-chain role

Algorhythm Holdings sits at the software and network orchestration layer of the freight transportation value chain, connecting shippers and carriers through a demand-pooling platform rather than owning physical assets. It acts as an intermediary optimization layer between shippers and trucking operators.

Geographic exposure

The filing references U.S. and global market conditions but does not specify the geographic revenue breakdown or countries of operation for the SemiCab platform.

Source: SEC 10-K, filed 2026-04-02

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