Advanced Voice Recognition Systems, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 03:13 pm
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Advanced Voice Recognition Systems, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 9,147 compared to USD 9,697 a year ago. Net loss was USD 9,710 compared to USD 7,063 a year ago. For the half year, operating loss was USD 44,708 compared to USD 38,102 a year ago. Net loss was USD 45,770 compared to USD 36,418 a year ago.
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.