BOCA RATON, Fla., May 15, 2025 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (OTC: VHAI), a provider of AI-powered customer engagement solutions, today announced it has secured up to $3 million in funding to support the company’s entry into the digital asset space. The capital will be used to acquire select digital assets, aligning with Vocodia’s long-term technology and investment strategy. The company’s proprietary Predictive AI tools, developed in collaboration with strategic partners, will guide asset sele ...

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]

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]

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].

BOCA RATON, Fla., April 01, 2025 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (OTC: VHAI) ("Vocodia"), a leader in AI software development focusing on practical AI applications, announced today that Brian Podolak, Co-founder, Chairman and CEO, has issued a letter to the shareholders of Vocodia Holdings Corp. The full text is as follows: To My Fellow Stockholders, 2024 was our first year as a public company—and the most difficult in our history. We faced market headwinds, financial constraints, and operational ...

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]

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]

Core Insights - Vocodia Holdings Corp. has engaged Alpine Securities Corporation as its new investment banker to enhance financial strategies and support growth in the AI industry [1][2] - The partnership aims to leverage Alpine's industry knowledge and personalized investment banking approach to expand Vocodia's offerings and market reach [2] Company Overview - Vocodia is an AI software company that develops practical AI solutions, focusing on making them accessible for businesses through cloud-based platforms [3] - The company specializes in conversational AI, offering scalable enterprise-level AI sales and customer service solutions, including Digital Intelligent Sales Agents (DISAs) that mimic human conversation [3] Investment Banking Partner - Alpine Securities Corporation is a boutique investment firm known for providing tailored financial solutions to emerging companies [4] - The firm offers a range of services, including investment banking, brokerage, and advisory services, with a commitment to supporting the growth of emerging companies across various industries [4]

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 September 30, 2024 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 | | - ...

BOCA RATON, Fla., Oct. 25, 2024 /PRNewswire/ -- (OTCMKTS: VHAI) Vocodia, a leader in artificial intelligence and communication technologies, proudly announces its entry into the medical alert industry with the launch of its groundbreaking emergency response pendant. This new offering is designed to provide immediate assistance at the press of a button, delivering peace of mind to individuals and their loved ones.The medical alert pendant will provide users with 24/7 emergency support, directly linking them ...