Singing Machine Company Inc MICS Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

May 23, 2023 (filed on May 25, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

200

Price:

$1.58
May 23, 2023 (filed on May 25, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

200

Price:

$1.58
Apr 19, 2023 (filed on Apr 21, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

300

Price:

$1.68
Apr 19, 2023 (filed on Apr 21, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

300

Price:

$1.68
Apr 07, 2023 (filed on Apr 07, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Apr 05, 2023 (filed on Apr 07, 2023)

Insider Name:

Nisser Henry Carl

Ownership Type:

Direct Ownership

Securities:

Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

667

Price:

--
Mar 28, 2023 (filed on Mar 29, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

500

Price:

$2.05
Mar 03, 2023 (filed on Mar 07, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

700

Price:

$2.55
Feb 27, 2023 (filed on Mar 01, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

100

Price:

$2.89
Feb 09, 2023 (filed on Feb 13, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

100

Price:

$4.35

Filings by filing date

May 23, 2023 (filed on May 25, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

200

Price:

$1.58
May 23, 2023 (filed on May 25, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

200

Price:

$1.58
Apr 19, 2023 (filed on Apr 21, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

300

Price:

$1.68
Apr 19, 2023 (filed on Apr 21, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

300

Price:

$1.68
Apr 05, 2023 (filed on Apr 07, 2023)

Insider Name:

Nisser Henry Carl

Ownership Type:

Direct Ownership

Securities:

Stock Option (right to buy)

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

667

Price:

--
Apr 07, 2023 (filed on Apr 07, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

Form 3 : Initial Statement of Beneficial Ownership of Securities

# or value acquired/disposed of:

--

Price:

--
Mar 28, 2023 (filed on Mar 29, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

500

Price:

$2.05
Mar 03, 2023 (filed on Mar 07, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

700

Price:

$2.55
Feb 27, 2023 (filed on Mar 01, 2023)

Insider Name:

Ault Alliance, Inc.

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

100

Price:

$2.89
Feb 09, 2023 (filed on Feb 13, 2023)

Insider Name:

Ault Milton C III

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

P - Open market or private purchase

# or value acquired/disposed of:

100

Price:

$4.35

News

Biz Brief

Sector: Technology	Industry: Household Electronics

See Regulatory Filings on SEC

Company Contact

Address:	6301 NW 5th Way Ste 2900 FORT LAUDERDALE FL 33309-6191
Tel:	1-407-6455295
Website:	https://singingmachine.com
IR:	See website

Key People

Milton C. Ault Executive Chairman of the Board	Gary Atkinson Chief Executive Officer	Lionel Marquis Chief Financial Officer
Bernardo Melo Chief Revenue Officer, Director

Business Overview

The Singing Machine Company, Inc. is a global karaoke and music entertainment company that specializes in the design and production of karaoke and music enabled consumer products for adults and children. The Company's product portfolio includes Karaoke, Licensed Products, Microphones and Accessories, Singing Machine Kids Youth Electronics and Music Subscriptions. Its karaoke products are Bluetooth enabled, which allow access to digital music content via the Company's mobile applications available on iOS and Android platforms. Its Licensed products include brands, such as Carpool Karaoke. Microphones and Accessories offers a line of traditional microphone accessories. The Company's Kids line of products offers fun music entertainment features designed specifically for children. The Company offers karaoke music subscription services for the iOS and Android platforms, as well as a Web-based download store and integrated streaming services for Company's hardware.

Financial Overview

For the nine months ended 31 December 2022, Singing Machine Company Inc revenues decreased 20% to $35.9M. Net loss totaled $1.7M vs. income of $2M. Revenues reflect Classic Karaoke Machines segment decrease of 46% to $19.9M, Licensed Product segment decrease of 93% to $108K, North America segment decrease of 20% to $34.9M, Europe segment decrease of 10% to $337K. Net loss reflects General and administrative expenses increase of 37% to $6.5M (expense).

Employees:	32 as of Mar 31, 2022

Reporting Currency:	U.S. Dollars
Enterprise value:	$3.47M as of Dec 31, 2022
Annual revenue (TTM):	$38.75M as of Dec 31, 2022
EBITDA (TTM):	-$3.21M as of Dec 31, 2022
Net annual income (TTM):	-$3.42M as of Dec 31, 2022
Free cash flow (TTM):	-$1.35M as of Dec 31, 2022
Net Debt Last Fiscal Year:	N/A
Shares outstanding:	3,153,259 as of Feb 17, 2023
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization