Logo

CSAI

CLOUDASTRUCTURE, INC.

CSAI

CLOUDASTRUCTURE, INC. NASDAQ
$1.15 1.77% (+0.02)

Market Cap $22.44 M
52w High $52.43
52w Low $0.95
Dividend Yield 0%
P/E -2.25
Volume 137.36K
Outstanding Shares 19.52M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.45M $2.704M $-2.065M -142.414% $-0.14 $-2.037M
Q2-2025 $1.09M $2.325M $-2.011M -184.495% $-0.14 $-1.904M
Q1-2025 $737.825K $2.767M $-2.513M -340.596% $-0.16 $-2.423M
Q4-2024 $440K $1.389M $-1.245M -282.955% $-0.085 $-1.23M
Q3-2024 $390K $1.649M $-1.72M -441.026% $-0.12 $-1.568M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $6.403M $8.685M $1.892M $6.792M
Q2-2025 $7.733M $9.062M $1.002M $8.06M
Q1-2025 $6.897M $7.998M $1.111M $6.887M
Q4-2024 $52K $615K $1.119M $-504K
Q3-2024 $444K $993K $542K $451K

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-2.065M $-1.352M $-106K $129K $-1.33M $-1.458M
Q2-2025 $-2.051M $-1.822M $-120K $2.778M $836K $-1.942M
Q1-2025 $-2.513M $-2.484M $-30K $9.359M $6.845M $-2.514M
Q4-2024 $-1.245M $38K $-6K $-424K $-392K $32K
Q3-2024 $-1.721M $-1.041M $-5K $-210K $-1.257M $-1.046M

Five-Year Company Overview

Income Statement

Income Statement Cloudastructure looks like a very early‑stage, pre‑scale business from a financial standpoint. The historical statements show essentially no recognized revenue yet and recurring operating losses each year. Losses have been meaningful relative to the tiny size of the company, but not unusually large for a young software and AI platform that is still building product and go‑to‑market. Earnings per share have been negative for several years, suggesting investors have been funding development rather than the business funding itself from customer activity. Overall, the income statement tells a story of a company still in the build‑out and commercialization phase, not yet in a mature, revenue‑driven phase.


Balance Sheet

Balance Sheet The balance sheet is very light and simple: essentially cash and very little else, with no reported debt and minimal equity. That indicates a lean, asset‑light software model, but also underscores how small the company’s financial base has been so far. The absence of debt reduces financial risk, but the limited asset and equity levels suggest the business is highly dependent on external capital raises to fund its roadmap. After the SPAC listing, the balance sheet could change significantly, so these historical figures should be seen as pre‑IPO, early‑stage snapshots rather than a stable, long‑term structure.


Cash Flow

Cash Flow Cash flow has been consistently negative from operations, which is common for growth‑oriented software and AI companies in their early years. The company appears to spend mainly on people, product, and sales rather than on physical assets, given essentially no capital expenditure. Free cash flow therefore closely tracks operating cash flow and has also been negative. In plain language, the business has been burning cash, not generating it, and has needed investor funding to keep building. The key unknown going forward is how quickly customer growth can close that gap and move the business toward self‑funding.


Competitive Edge

Competitive Edge Cloudastructure is trying to carve out a differentiated spot in physical security by combining cloud‑based video surveillance, advanced AI analytics, and human remote guarding into a single, integrated service. Its strengths include a cloud‑native design, the ability to work with many existing cameras, a user‑friendly interface, and a flexible subscription model that avoids long contracts. Focusing on specific, high‑risk verticals like multifamily housing, commercial real estate, and construction gives it a clear target market and domain expertise. That said, it operates in a crowded field with both traditional security providers and large technology firms investing heavily in similar areas. Its relatively small size and early financial stage make execution, brand building, and channel partnerships crucial to defending and growing its position.


Innovation and R&D

Innovation and R&D Innovation is at the heart of Cloudastructure’s story. The platform is built around AI and machine learning applied to video feeds—facial and license‑plate recognition, object and people detection, and intelligent search. The company is pushing a combined approach of automation plus human oversight via remote guards, mobile surveillance trailers for temporary sites, and smart parking solutions. It emphasizes a feedback loop where every new deployment improves its algorithms, potentially building a data and accuracy edge over time. Future innovation will likely focus on richer analytics, expansion into new industries and geographies, and deeper integrations with partners. The main question is whether the pace of innovation and adoption can stay ahead of competitors while the company is still working toward scale and profitability.


Summary

Overall, Cloudastructure looks like a classic early‑stage, high‑potential but high‑uncertainty technology company. Financially, it shows a pattern of minimal revenue so far, ongoing operating losses, and reliance on external funding, but with a clean balance sheet free of debt and a very lean asset base. Strategically, it is aiming to disrupt physical security by fusing AI analytics, cloud infrastructure, and remote guarding into a lower‑friction, subscription model focused on specific high‑value verticals. Its edge rests on technology integration, user experience, and cost structure rather than on heavy hardware ownership. Going forward, the key things to watch would be evidence of scalable revenue, improving cash burn, successful penetration of targeted industries, the strength of partnerships, and continued differentiation of its AI capabilities in a very competitive and fast‑moving space.