VIDA Global (VIDA) Registration filing summary

Company overview and business model

• Provides a cloud-based AI agent operating system enabling enterprises, service providers, and vendors to deploy, manage, and scale omnichannel AI agents for business communications and workflow automation.

• Focuses on a channel-first distribution model, selling through managed service providers, telecom advisors, SaaS vendors, and direct to large enterprises.

• Agents integrate with existing systems (CRMs, phones, ticketing, calendars, billing) to automate tasks like call recovery, lead qualification, scheduling, and payment initiation.

• Platform is model-agnostic, orchestrating across multiple LLMs and AI providers, and supports compliance, observability, and usage-based billing.

• Revenue is generated from platform access fees, usage-based billing (minutes, messages, completed actions), add-ons, and custom integrations.

Financial performance and metrics

• 2025 revenue: $551,383, up 3,729% from $14,402 in 2024, driven by increased adoption.

• 2025 net loss: $(2,897,803), compared to $(742,478) in 2024, reflecting investment in growth.

• Operating expenses rose 165% to $3,427,485 in 2025, with significant increases in G&A, sales/marketing, and amortization.

• Cash at year-end 2025: $2.3M; bitcoin holdings: $1.0M; working capital: $2.4M; no debt.

• Two customers accounted for 43% of 2025 revenue; customer concentration risk noted.

Use of proceeds and capital allocation

• Estimated net proceeds of $13.3M (or $15.5M if over-allotment is exercised) at $4.75/share IPO price.

• Proceeds to be used for general corporate purposes, working capital, partner enablement, engineering, customer success, and automation investments.

• May use a portion for acquisitions or investments, but no current commitments.