vhabw: the income statement

MyFinsight

Vocodia Holdings Corp (VHABW)

For the year ending 2024-12-31, VHABW made $50,078 in revenue. -$10,099,083 in net income. Net profit margin of -20166.71%.

Unit: Dollar

	2024-12-31
Sales, net	50,078
Cost of sales	105,954
Gross profit (loss)	-55,876
Salaries and wages	1,146,090
Research and development and other service providers	1,353,557
General and administrative expenses	3,344,858
Total operating expenses	5,844,505
Operating loss	-5,900,381
Loss on settlement of debt	3,824,936
Other income	16,083
Interest expense	449,636
Change in fair value of derivative liability	-59,787
Total other income (expense)	-4,198,702
Loss before taxes	-10,099,083
Net loss	-10,099,083

Basic loss per common share (in dollars per share)	-0.02
Diluted loss per common share (in dollars per share)	-0.02
Weighted average number of common shares outstanding - basic (in shares)	551,338,196
Weighted average number of common shares outstanding - diluted (in shares)	551,338,196

Unit: Dollar