Algorhythm Holdings (RIME) Deferred Taxes (2014 - 2024)

Algorhythm Holdings (RIME) posted Deferred Taxes of -$14000.0 for Q4 2024, down 101.0% sequentially from $1.4 million in Q2 2023.

Algorhythm Holdings (RIME) Deferred Taxes (2014 - 2024) Analysis & Trends

Algorhythm Holdings (RIME) has 11 years of Deferred Taxes data on file, last reported at -$14000.0 in Q4 2024.

  • Quarterly Deferred Taxes changed N/A year-over-year to -$14000.0 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $2.2 million (changed N/A YoY) and the FY2024 annual result came in at $30000.0, changed N/A from the prior year.
  • Deferred Taxes fell to -$14000.0 in Q4 2024 per RIME's latest filing, from $1.4 million in the prior quarter.
  • The five-year high for Deferred Taxes was $1.5 million in Q4 2020, with the low at -$687291.0 in Q3 2020.
  • Average Deferred Taxes over 5 years is $193561.8, with a median of $78837.0 recorded in 2020.
  • Year-over-year, Deferred Taxes slumped 669.48% in 2022 and soared 27633.95% in 2023.
  • Algorhythm Holdings' Deferred Taxes stood at $1.5 million in 2020, then tumbled by 93.04% to $102995.0 in 2021, then tumbled by 669.48% to -$586538.0 in 2022, then jumped by 338.52% to $1.4 million in 2023, then sank by 101.0% to -$14000.0 in 2024.
  • Business Quant data shows RIME's Deferred Taxes at -$14000.0 in Q4 2024, $1.4 million in Q2 2023, and $1.4 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Apple 4,319.52 Bn 4,251.01 Bn 54.78 Bn -
2 Sonos 1.61 Bn 1.36 Bn 124.65 Mn 24,000.00
3 Zepp Health 1.32 Bn -101.84 Bn 19.44 Mn -
4 Vuzix 214.94 Mn 193.79 Mn 375,000.00 -
5 UTime 79.34 Mn 37.42 Mn - -
6 Universal Electronics 59.18 Mn 29.36 Mn 20.60 Mn 1.84 Mn
7 Axil Brands 44.10 Mn 38.58 Mn 5.04 Mn 172,334.00
8 Foxx Development Holdings 23.69 Mn 20.50 Mn -1.45 Mn -
9 Fenbo Holdings 10.51 Mn 7.81 Mn - -
10 Algorhythm Holdings 1.51 Mn -1.87 Mn -617,000.00 -

Historic Data

Download Data
DateValue
Dec 31, 2024 -14,000.00
Jun 30, 2023 1.40 Mn
Mar 31, 2023 1.40 Mn
Dec 31, 2022 -586,538.00
Sep 30, 2022 85,162.00
Jun 30, 2022 -5,081.00
Mar 31, 2022 -254,168.00
Dec 31, 2021 102,995.00
Sep 30, 2021 173,873.00
Jun 30, 2021 -28,095.00
Mar 31, 2021 -473,829.00
Dec 31, 2020 1.48 Mn
Sep 30, 2020 -687,291.00
Jun 30, 2020 78,837.00
Mar 31, 2020 232,722.00
Dec 31, 2019 240,042.00
Sep 30, 2019 -184,140.00
Jun 30, 2019 238,731.00
Mar 31, 2019 243,230.00
Dec 31, 2018 -367,255.00