Advanced Voice Recognition Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 16, 2023 at 03:39 pm EST
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Advanced Voice Recognition Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 0.134259 million compared to USD 0.010134 million a year ago. Basic loss per share from continuing operations was USD 0.02.
For the nine months, net loss was USD 0.181489 million compared to USD 0.040095 million a year ago. Basic loss per share from continuing operations was USD 0.03.
Advanced Voice Recognition Systems, Inc. is a software development company. The Company specialize in creating interface and application solutions for speech recognition technologies. It is engaged in discussions with a certain firm dedicated to assisting in the commercialization of intellectual assets. Its principal proposed product is speech recognition software and related firmware which allows for dictation into a range of applications, including DOS applications running in Windows, UNIX and mainframe applications accessed through terminal emulation programs, various custom applications, and all Windows 3.x, 95, 98, 2000, XP, Vista, Windows 7 and Windows 10 programs. Its AVRS patented technology is applicable to many mainstream speech enabled applications ranging from traditional desktop applications to mobile, Web-based and cloud solutions. Its technology has applications in original equipment manufacturer markets, targeting both software developers and hardware manufacturers.