VHAIOTCServices-Computer Programming ServicesUS GAAP · USD

Vocodia Holdings Corp

Vocodia Holdings Corp is a U.S.-based conversational AI software company organized around cloud-delivered tools for sales and customer service automation. Through its operating subsidiary, Click Fish Media, Inc., the company also provides IT services alongside its AI platform offerings.

Revenue0.1m USD
−80.5 %y/y
Operating profit (EBIT)-5.9m USD
−2.5 %y/y
EBIT margin-11,782.4%
−9,537.5 ppy/y
Net income-10.1m USD
−15.9 %y/y
Free cash flow-5.4m USD
−101.1 %y/y

Fiscal year 2024 · change from previous year

Development 2022–2024

-25-20-15-10-505m USD2022: 0.66 m USD2022: EBIT -20 m USD20222023: 0.26 m USD2023: EBIT -5.8 m USD20232024: 0.05 m USD2024: EBIT -5.9 m USD20240.05-5.9
RevenueOperating profit (EBIT)

Business

Share of revenue
Conversational AI software60 %

Cloud-based AI tools designed to automate sales and customer interactions.

Enterprise customer service solutions20 %

AI-enabled service workflows used to handle customer support and engagement.

IT services15 %

Technology services provided through the Click Fish Media subsidiary.

Product development and platform support5 %

Software development and hosting support for the company’s AI offerings.

Customers

Vocodia sells primarily to corporate clients that want to automate sales outreach and customer service functions with AI. Its offerings are aimed at businesses that need scalable, quickly deployable tools that can integrate with existing platforms and reduce reliance on human agents.

Corporate sales teams

Buy AI tools to automate outbound and inbound sales interactions and improve conversion efficiency.

Customer service organizations

Use AI voice and service automation to handle customer inquiries and support tasks.

Enterprise technology buyers

Adopt cloud-based AI platforms that can be integrated into existing corporate systems.

IT services clients

Purchase technology services from the Click Fish Media subsidiary for implementation and support.

Strategy

Vocodia’s strategy is centered on improving its AI product functionality, scaling deployment, and making its software easier for businesses to adopt. The company also references capital raising, cost control, and strategic alternatives as it tries to support operations and expand commercialization.

Product enhancement and relaunchShort term

The company suspended DISA sales to update functionality for scalability and customer fit.

Commercialization of enterprise AI solutionsMedium term

Sales growth depends on converting the AI platform into repeatable business deployments.

Liquidity and financing supportShort term

The company needs external funding to continue operations and execute its plan.

Strategic flexibilityMedium term

Management has indicated it may pursue alliances, joint ventures, or sale options if needed.

Geography

Vocodia is headquartered in the United States and appears to operate primarily from a U.S. corporate base. The available filings do not disclose a meaningful country-by-country revenue mix, so the business profile should be viewed as U.S.-centered with potential customer reach beyond the domestic market through cloud delivery.

Risks

Vocodia faces execution risk around product readiness, commercialization, and the ability to fund operations. As a small AI software company with limited disclosed revenue, it is also exposed to going-concern, financing, and customer adoption risks that are common in early-stage software businesses.

Sorted by severity
Going concern and liquidity shortfallCritical

The company disclosed substantial doubt about its ability to continue without additional funding.

Exposure: Cash on hand and near-term operating runway

Product development and launch riskHigh

DISA sales were suspended to update functionality, which can delay revenue generation.

Exposure: DISA product line and cloud platform rollout

Customer adoption and sales conversion riskHigh

The business depends on enterprises adopting AI tools for sales and service workflows.

Exposure: Enterprise AI sales automation demand

Financing and dilution riskHigh

Operations may require equity or debt issuance, which can be expensive or dilutive.

ExposureCapital raisesConvertible notesWarrants
Public market and listing riskMedium

The company was delisted from Cboe, which can reduce liquidity and investor access.

Exposure: Trading venue and market visibility

Accounting

Judgemental items
Fair value of financial instruments

Management uses ASC 820 valuation methods for instruments measured at fair value.

Impact: Can create non-cash gains or losses and affect reported equity

Convertible notes payable

Debt instruments and related features may require valuation and interest accounting.

Impact: Affects financing costs, liabilities, and dilution analysis

Warrants and related liabilities

Warrant terms and any liquidated damages can affect other expense and fair value.

Impact: Can materially affect net loss and balance sheet classification

Going concern disclosure

Management has stated substantial doubt about continuing operations without new capital.

Impact: Important for assessing asset realization and liability settlement assumptions

Cloud hosting and software development costs

Platform hosting and development spending drive cost of revenue and operating expense.

Impact: Affects gross loss and the timing of expense recognition

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026