Algorhythm Holdings, Inc.

NasdaqCM:RIME Stock Report

Market Cap: US$5.3m

Algorhythm Holdings Management

Management criteria checks 2/4

Algorhythm Holdings' CEO is Gary Atkinson, appointed in Nov 2009, has a tenure of 14.83 years. total yearly compensation is $224.60K, comprised of 73.6% salary and 26.4% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $14.10K. The average tenure of the management team and the board of directors is 2.4 years and 2.9 years respectively.

Key information

Gary Atkinson

Chief executive officer

US$224.6k

Total compensation

CEO salary percentage73.6%
CEO tenure14.8yrs
CEO ownership0.3%
Management average tenure2.4yrs
Board average tenure2.9yrs

Recent management updates

Recent updates

The Singing Machine Company, Inc. (NASDAQ:MICS) Looks Inexpensive After Falling 48% But Perhaps Not Attractive Enough

Jul 11
The Singing Machine Company, Inc. (NASDAQ:MICS) Looks Inexpensive After Falling 48% But Perhaps Not Attractive Enough

Market Might Still Lack Some Conviction On The Singing Machine Company, Inc. (NASDAQ:MICS) Even After 46% Share Price Boost

Feb 28
Market Might Still Lack Some Conviction On The Singing Machine Company, Inc. (NASDAQ:MICS) Even After 46% Share Price Boost

The Singing Machine Company, Inc.'s (NASDAQ:MICS) Share Price Could Signal Some Risk

Nov 14
The Singing Machine Company, Inc.'s (NASDAQ:MICS) Share Price Could Signal Some Risk

Singing Machine to secure up to $15M financing from Fifth Third Bank

Oct 18

Singing Machine announces new fall partnership with Sam’s Club for Fall 2022

Sep 20

Singing Machine GAAP EPS of -$0.01, revenue of $11.69M

Aug 22

Singing Machine GAAP EPS of $0.14, revenue of $47.51M

Jul 14

CEO Compensation Analysis

How has Gary Atkinson's remuneration changed compared to Algorhythm Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

-US$12m

Mar 31 2024n/an/a

-US$8m

Dec 31 2023US$225kUS$165k

-US$9m

Sep 30 2023n/an/a

-US$7m

Jun 30 2023n/an/a

-US$7m

Mar 31 2023n/an/a

-US$5m

Dec 31 2022n/an/a

-US$3m

Sep 30 2022n/an/a

-US$63k

Jun 30 2022n/an/a

US$333k

Mar 31 2022US$161kUS$156k

US$230k

Dec 31 2021n/an/a

US$804k

Sep 30 2021n/an/a

US$545k

Jun 30 2021n/an/a

US$2m

Mar 31 2021US$255kUS$150k

US$2m

Dec 31 2020n/an/a

US$2m

Sep 30 2020n/an/a

-US$411k

Jun 30 2020n/an/a

-US$2m

Mar 31 2020US$150kUS$150k

-US$3m

Dec 31 2019n/an/a

-US$2m

Sep 30 2019n/an/a

US$203k

Jun 30 2019n/an/a

US$796k

Mar 31 2019US$150kUS$150k

US$632k

Dec 31 2018n/an/a

US$214k

Sep 30 2018n/an/a

US$78k

Jun 30 2018n/an/a

-US$355k

Mar 31 2018US$224kUS$127k

US$152k

Compensation vs Market: Gary's total compensation ($USD224.60K) is below average for companies of similar size in the US market ($USD677.23K).

Compensation vs Earnings: Gary's compensation has increased whilst the company is unprofitable.

CEO

Gary Atkinson (43 yo)

14.8yrs

Tenure

US$224,600

Compensation

Mr. Gary Atkinson serves as Director at Algorhythm Holdings, Inc. (formerly known as The Singing Machine Company, Inc.) since August 11, 2021 and served as its Chairman since July 2022. He has been the Chi...

Leadership Team

NamePositionTenureCompensationOwnership
Gary Atkinson
CEO & Director14.8yrsUS$224.60k0.27%
$ 14.1k
Bernardo Melo
Chief Revenue Officer & Director2.4yrsUS$276.98k0.31%
$ 16.7k
Richard Perez
CFO & Corporate Controller1.3yrsno datano data
Brendan Hopkins
Investor Relations Contactno datano datano data

2.4yrs

Average Tenure

47yo

Average Age

Experienced Management: RIME's management team is considered experienced (2.4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gary Atkinson
CEO & Director3.1yrsUS$224.60k0.27%
$ 14.1k
Bernardo Melo
Chief Revenue Officer & Director2.2yrsUS$276.98k0.31%
$ 16.7k
Harvey Judkowitz
Independent Director20.5yrsUS$19.50k0.35%
$ 18.4k
Joseph Kling
Independent Director7.3yrsUS$19.50k0.21%
$ 11.2k
Mathieu Peloquin
Independent Director2.8yrsUS$17.50k0.20%
$ 10.6k
Jay Foreman
Independent Director2.3yrsUS$19.50k11.81%
$ 626.9k

2.9yrs

Average Tenure

57.5yo

Average Age

Experienced Board: RIME's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.