VHAI — what changed in the latest 10-Q
A section-by-section comparison of VHAI's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2025-12-22 vs the prior 10-Q · 2025-09-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +2 | −2 | ~31 | 44 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | No paragraph-level changes | 0 | 0 | 0 | 5 |
| Legal proceedings | Text added/removed | +11 | −6 | 0 | 3 |
| Risk factors | No paragraph-level changes | 0 | 0 | 0 | 2 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Other information
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2025-12-22
During the three months ended September 30, 2025, the Company recognized total other expenses of $1,491,892, which included a gain in the change in fair value of the warrant liability of $732,101, derivative expense and the change in fair value of the derivative liability of $1,164,441, a gain on di…
During the nine months ended September 30, 2025, we had other expenses of $4,651,592, which consisted of the loss on issuance of the May 2025 convertible note of $756,621, liquidated damages of $710,375, interest expense of $832,864, derivative expense and change in the fair value of the derivative …
Text removed vs the prior filing · source: 10-Q · 2025-09-29
During the three months ended June 30, 2025, we had other expenses of $2,297,809, which consisted of the loss on issuance of the May 2025 convertible note and warrants of $756,621, interest expense of $289,160, the change in fair value of the warrant liability of $32,330, derivative expense and the …
During the six months ended June 30, 2025, we had other expenses of $3,159,700, which consisted of derivative expense the change in the fair value of the derivative liability of $1,128,710, the loss on issuance of the May 2025 convertible note of $756,621, liquidated damages of $710,375, interest ex…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2025-12-22
Dismissal and Closure of Arbitration with ProofPositive, LLC
On October 30, 2024, the AAA notified the parties that the arbitration file had been closed and marked as Withdrawn as of that date. The AAA further indicated that any outstanding administrative fees or arbitrator compensation and expenses incurred during the case remain due and payable to the AAA, …
The result or impact of such allegations is now considered resolved as the arbitration has been withdrawn and closed, and no determination on the merits was made. The Company does not anticipate any further material impact from this matter, other than the payment of any outstanding administrative fe…
Release and Satisfaction of Judgement with MAI Voice GCO, LLC
On December 16, 2024, MAI Voice GCO, LLC filed a verified complaint alleging breach of contract and seeking $32,090. The Company denies liability and intends to vigorously defend the action that was brought, although the probability of a favorable or unfavorable outcome is difficult to estimate as o…
Text removed vs the prior filing · source: 10-Q · 2025-09-29
The Company received correspondence in February 2023 from an attorney representing a former customer of the Company. The correspondence contains allegations that the customer provided certain leads to the Company that were not processed by the Company according to the agreement between the Company a…
The Company received a letter dated August 28, 2023, from an attorney hired on behalf of a former employee of the Company. This former employee offered her resignation, which was accepted on July 12, 2023. This letter contains allegations that the former employee was sexually harassed and terminated…
Carstens, Allen & Gourley, LLP (“Carstens”) commenced an action before the Texas Civil Court against the Company on or about August 12, 2024 (“Lawsuit”). In the Lawsuit, Carstens alleges that the Company was in breach of contract by failure and refusal to pay attorneys’ fees that it owes to Carstens…
On December 16, 2024, MAI Voice GCO, LLC filed a verified complaint alleging breach of contract and seeking $32,090. The Company denies liability and intends to vigorously defend the action that was brought, although the probability of a favorable or unfavorable outcome is difficult to estimate as o…
In March 2025, Berkowitz Pollack & Brant Advisors filed a lawsuit against the Company for unpaid professional fees in the amount of $48,057.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice