Vocodia Holdings(VHAI)

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Vocodia AI Delivers Higher Revenue Per Call Than Human Call Centers for Maxoderm
Globenewswire· 2025-08-12 12:30
BOCA RATON, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (OTC:VHAI), a leading developer of advanced AI-driven voice solutions, has demonstrated its ability to outperform traditional sales teams by helping men’s wellness brand Maxoderm achieve higher revenue per call than its American-based human call center. After evaluating several AI platforms, Maxoderm chose Vocodia for its proven performance in real-world sales environments. The results exceeded expectations, with Vocodia’s digital vo ...
Vocodia Holdings Corp. Announces Regulation A Offering to Raise Up to $3 Million
Globenewswire· 2025-08-06 12:30
BOCA RATON, Fla., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (OTC: VHAI), a conversational AI technology company, today announced that is Regulation A offering to raise up to $3 million has been qualified by the Securities and Exchange Commission. The Company expects to begin accepting subscriptions this week. Proceeds from the offering are intended to: Increase the company’s digital asset holdings as part of its growth and diversification strategy. Add new technology to the company’s portfoli ...
Vocodia Holdings(VHAI) - 2025 Q1 - Quarterly Report
2025-07-08 16:17
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-41963 VOCODIA HOLDINGS CORP (Exact Name of Registrant as Specified in its Charter) | Wyoming | 86-3519415 | | --- | ...
Vocodia Secures Up to $3 Million to Advance Digital Asset Strategy
Globenewswire· 2025-05-15 12:52
Core Insights - Vocodia Holdings Corp. has secured up to $3 million in funding to enter the digital asset space [1][2] - The funding will be utilized to acquire select digital assets, aligning with the company's long-term technology and investment strategy [2] - Vocodia's proprietary Predictive AI tools will guide asset selection and risk management to build a diversified portfolio [2][3] Company Overview - Vocodia is an AI software company that develops practical AI solutions accessible for businesses through cloud-based platforms [3] - The company specializes in conversational AI, providing scalable enterprise-level AI sales and customer service solutions [3] - Vocodia's Digital Intelligent Sales Agents (DISAs) are designed to perform human-like tasks, reducing labor costs and enhancing communication effectiveness [3]
UPDATE – Vocodia Expands Business Plan to Include Crypto Asset Acquisition Powered by Predictive AI
Globenewswire· 2025-05-09 15:12
Core Viewpoint - Vocodia Holdings Corp. is expanding its business plan to include the acquisition of crypto assets as part of its strategic growth initiatives [1][2] Group 1: Business Strategy - The company is leveraging its proprietary Predictive AI technology to identify and act on optimal digital asset opportunities [2] - Vocodia is currently in advanced negotiations with investment banks for an initial investment to support the first phase of this new initiative [2] Group 2: Leadership Perspective - The CEO of Vocodia, Brian Podolak, emphasized that integrating crypto into the business model aligns with the company's long-term vision for value creation and innovation [3]
Vocodia Expands Business Plan to Include Crypto Asset Acquisition Powered by Predictive AI
GlobeNewswire News Room· 2025-05-09 12:30
Core Insights - Vocodia Holdings Corp. is updating its business plan to include the acquisition of crypto assets as part of its strategic growth initiatives [1] - The company's proprietary Predictive AI technology will be utilized to identify and act on optimal digital asset opportunities [2] - CEO Brian Podolak emphasized that integrating crypto aligns with the company's long-term vision for value creation and innovation [3] Business Strategy - The acquisition of crypto assets is a new strategic initiative aimed at enhancing growth [1] - Vocodia is in advanced negotiations with investment banks for initial investment to support the first phase of this initiative [2] - Further details regarding the investment and execution strategy will be announced once finalized [3] Technology and Innovation - Vocodia's Predictive AI technology provides a competitive edge in the digital asset space [2][3] - The company focuses on building and deploying human-like voice automation agents across various industries [3]
Vocodia Holdings(VHAI) - 2024 Q4 - Annual Report
2025-04-30 12:48
Business Model and Technology - Vocodia Holdings Corp aims to provide scalable enterprise AI sales and customer service solutions, reducing human labor costs and increasing operational efficiency [19]. - The company has developed its first software product, DISA, which can handle each stage of the sales process for both B2B and B2C interactions [29]. - Vocodia's DISAs can manage up to 20,000 simultaneous unique telephone conversations, significantly enhancing customer service capabilities [38]. - The AI sales agents are designed to cost less than one-third of human sales agents, providing a more efficient alternative without the typical human resource issues [46]. - Vocodia's AI technology can be trained in just 3 days, allowing for rapid deployment and continuous learning from interactions [46]. - The company targets corporate clients with call centers of at least 50 seats across various industries, including health, insurance, and hospitality [30]. - Vocodia's proprietary software integrates easily with existing CRM systems, facilitating seamless adoption by enterprises [42]. - The company emphasizes the importance of high-quality voice output in its AI solutions to improve customer rapport and service quality [41]. - The company operates on a scalable AI platform with a recurring revenue model through Software-as-a-Service (SaaS), aiming for high operating margins [50]. - The company charges a monthly fee of $1,495 per DISA, with a contract term of 12 months, contributing to its recurring revenue stream [51]. - The company differentiates itself in the AI sector by providing quicker delivery of services compared to competitors, utilizing proprietary augmented and AI software [56]. Financial Performance - Revenues decreased by 80% to $50,078 for the year ended December 31, 2024, compared to $256,385 in 2023, primarily due to the suspension of DISA product sales [127]. - Cost of revenue decreased to $105,954 in 2024 from $220,777 in 2023, reflecting the reduction in service revenue [128]. - Gross loss increased to $(55,876) in 2024 from a gross profit of $35,608 in 2023, attributed to the suspension of services and ongoing server costs [130]. - Total operating expenses increased by 1% to $5,844,505 in 2024, driven by an 80% rise in general and administrative expenses to $3,344,858 [131][132]. - Net loss for the year ended December 31, 2024, was $10,027,091, compared to a net loss of $8,711,203 in 2023, marking a 16% increase in losses [126]. - Current assets rose by 514% to $78,357 as of December 31, 2024, from $12,770 in 2023, mainly due to an increase in prepaid expenses [136]. - Current liabilities decreased by 72% to $2,241,525 in 2024 from $7,894,129 in 2023, primarily due to the conversion of $3,546,028 in convertible notes [137]. - Cash used in operating activities was $5,369,561 in 2024, compared to $2,696,328 in 2023, indicating increased cash outflow [139]. - The company reported a net loss of $10,027,091, with cash flows used in operating activities amounting to $5,371,973 from financing activities [141]. - The net cash flows used in operating activities for the year ended December 31, 2023 was $2,696,328, with a net loss of $8,711,203 [142]. Legal and Regulatory Matters - ProofPositive LLC initiated arbitration against the Company, claiming breach of the Arizona Securities Act related to unpaid sums under a loan agreement and consulting agreement [72]. - The Company and Mr. Podolak filed a motion to dismiss the arbitration, arguing that ProofPositive did not meet certain conditions for arbitration and that AAA lacks jurisdiction over the dispute [73]. - Carstens, Allen & Gourley, LLP filed a lawsuit against the Company for breach of contract regarding unpaid attorney fees, with settlement negotiations ongoing [74]. - MAI Voice GCO, LLC filed a complaint seeking $32,090 for breach of contract, which the Company denies and intends to defend vigorously [75]. - The company is subject to evolving domestic and foreign regulations impacting its operations, particularly concerning privacy and data security laws [60]. Strategic Plans and Acquisitions - The company plans to pursue acquisitions selectively to enhance its service offerings and improve operational efficiencies [47]. - The company aims to expand its portfolio through strategic acquisitions post-IPO, targeting complementary technology and existing revenue sources [53]. - The company’s operational strategy includes identifying new markets and industries to expand its technology solutions and enhance market recognition [48]. - The company anticipates launching an improved DISA product in the second quarter of 2025 [127]. Stock and Financing - The Company’s common stock is traded on the OTC PINK tier, with a closing price of $0.0012 as of April 14, 2025 [93]. - The Company does not expect to declare or pay cash dividends in the foreseeable future, intending to retain earnings for business expansion [95]. - The Company issued $3,368,236 in convertible notes with a 15% annual interest rate, maturing nine months after issuance [101]. - The Company recognized a loss on settlement of debt totaling $2,662,842 related to the conversion of convertible notes into common stock upon IPO [104]. - The Company recorded interest expense of $432,824 and $2,761,631 for the years ended December 31, 2024 and 2023, respectively, including amortization of debt discount [208]. - The Company amended the certificate of designation to authorize 3,000 shares of Series B Preferred Stock, which has no voting rights and is mandatorily convertible upon IPO completion [209]. - During the year ended December 31, 2023, the Company issued 1,305 shares of Series B Preferred Stock for $1,305,000 [210]. - As of December 31, 2024, the Company had 0 shares of Series B Preferred Stock outstanding, down from 1,305 shares in 2023 [211]. Operational Challenges - The company has substantial doubt about its ability to continue as a going concern, as indicated by management and independent auditors [146]. - As of December 31, 2024, the company did not have any off-balance sheet arrangements that could materially affect its financial condition [145]. - The company did not capitalize any costs associated with software development as technological feasibility was established shortly after general availability [165]. - Contract liabilities for customer deposits for future services were $15,950 for both years ended December 31, 2024 and 2023 [164]. - The company accounts for share-based compensation under ASC 718, with equity instruments recorded based on fair value [151]. - The Company operates as a single operating segment, primarily providing conversational artificial intelligence technology, with substantial revenue derived from the United States [191]. Advertising and Marketing - Advertising expenses for the years ended December 31, 2024 and 2023 were $492,756 and $78,097, respectively, indicating a significant increase in advertising costs [172].
Vocodia Holdings Corp. Issues CEO Letter and Discusses Outlook for 2025
GlobeNewswire News Room· 2025-04-01 12:30
Core Viewpoint - Vocodia Holdings Corp. faced significant challenges in 2024, including market headwinds and operational difficulties, but remains optimistic about future growth and opportunities in the AI sector [2][3][10]. Company Progress and Strategy - The company raised approximately $6 million through its IPO in 2024, which is intended to accelerate development and expand the sales pipeline [6]. - Vocodia has made strategic decisions to reduce unnecessary spending and streamline operations, focusing on product development and customer delivery [7]. - A joint venture with Traccom Inc. was formed to apply Vocodia's Narrative AI technology, showcasing the flexibility and potential of its solutions [9]. Technology and Market Position - Vocodia's Digital Intelligent Sales Agents (DISAs) are designed to improve call center operations by providing faster, cost-effective, and high-quality service [5][13]. - The company positions itself as an AI infrastructure provider with enterprise-grade tools that address significant challenges across various industries, including telecom and retail [10][13]. Future Outlook - The company acknowledges the competitive nature of the AI market and the need for consistent communication to regain shareholder trust [11]. - Vocodia aims to enhance its capital structure and market visibility through strategic partnerships and financing options [8].
PSV Ventures Expands Portfolio Investment in Vocodia Holdings
GlobeNewswire News Room· 2025-03-27 12:30
Company Overview - Vocodia Holdings Corp is an AI software company that specializes in conversational AI, providing scalable enterprise-level AI sales and customer service solutions [2] - The company's Digital Intelligent Sales Agents (DISAs) are designed to perform tasks requiring human-like conversation, which helps reduce labor costs and improve communication effectiveness [2] Investment Activity - PSV Ventures has increased its holdings in Vocodia Holdings Corp through additional open-market purchases over the past four months to lower its overall cost basis since the company's Initial Public Offering last year [1][3] - PSV Ventures has not disclosed the number of additional shares acquired and may continue to conduct further open-market operations related to this investment [3] Growth Potential - PSV Ventures believes that Vocodia has entered a pivotal growth phase following challenges faced in 2024, expressing confidence in the company's management and technology [3] - PSV Ventures anticipates substantial potential for revenue acceleration in 2025, reflecting their analysis rather than the company's [3] Corporate Governance - PSV Ventures plans to nominate an advisor for consideration by Vocodia shareholders, who may serve on the company's Board of Directors [3] - Vocodia was not informed of PSV's transactions in advance and was not involved in the investment decisions made by PSV [3]
Vocodia to Launch Groundbreaking AI Platform for Developers, Enabling Voice, Chat, and Phone Support in Under 15 Minutes
GlobeNewswire News Room· 2025-03-25 12:30
Core Insights - Vocodia Holdings Corp. is set to launch a new AI platform for developers within 30 to 45 days, aimed at enhancing communication capabilities for businesses [1][4] - The platform will enable seamless integration of AI-powered chat and voice functionalities into websites, allowing businesses to establish a fully operational inbound phone number with a human-like AI agent [2][3] - The CEO of Vocodia emphasizes the goal of making AI practical and scalable for all businesses, addressing the need for automation without compromising customer experience [3] Company Overview - Vocodia is an AI software company focused on developing practical AI solutions that are accessible and scalable for businesses through cloud-based platforms [5] - The company specializes in conversational AI, providing enterprise-level solutions for sales and customer service, which are designed to mimic human conversation [5] - Vocodia's Digital Intelligent Sales Agents (DISAs) aim to reduce labor costs while enhancing communication effectiveness for businesses [5]