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IVDAW

Iveda Solutions, Inc.

IVDAW

Iveda Solutions, Inc. • NASDAQ
$0.14 ▼ -24.89% (-0.05)
Market Cap $6.00 M
52w High $0.15
52w Low $0.14
Dividend Yield 0%
P/E -0.46
Volume 1.10K
Outstanding Shares 41.98M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.652M ▲ $731.58K ▼ $-221.304K ▲ -13.398% ▲ $-0.07 ▲ $-209.065K ▲
Q2-2025 $1.528M ▲ $977.129K ▼ $-564.249K ▲ -36.93% ▲ $-0.2 ▲ $-516.299K ▲
Q1-2025 $1.475M ▼ $1.124M ▼ $-794K ▲ -53.831% ▲ $-0.28 ▲ $-781K ▲
Q4-2024 $1.742M ▼ $2.001M ▲ $-1.823M ▼ -104.669% ▼ $-0.63 ▼ $-1.764M ▼
Q3-2024 $2.398M $1.012M $-555.011K -23.143% $-0.26 $-560.563K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $3.298M ▲ $5.778M ▲ $2.01M ▼ $3.768M ▲
Q2-2025 $1.592M ▼ $4.39M ▼ $2.909M ▲ $1.481M ▼
Q1-2025 $2.49M ▼ $4.528M ▼ $2.827M ▲ $1.701M ▼
Q4-2024 $2.629M ▼ $5.18M ▼ $2.674M ▼ $2.505M ▼
Q3-2024 $3.598M $9.062M $3.531M $5.664M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-564.249K ▲ $-1.332M ▼ $-1.31K ▼ $317.995K ▲ $-892.654K ▼ $-1.333M ▼
Q1-2025 $-793.672K ▲ $-125.966K ▲ $109 ▼ $839 ▲ $-139.212K ▲ $-125.857K ▲
Q4-2024 $-1.823M ▼ $-1.216M ▼ $339.357K ▲ $-58.665K ▼ $-972.645K ▼ $-1.216M ▼
Q3-2024 $-555.011K ▼ $-1.2M ▼ $-39.239K ▼ $1.801M ▲ $647.854K ▲ $-899.718K ▲
Q2-2024 $-494.278K $-999.701K $-2.626K $-7.533K $-1.043M $-1.006M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Product
Product
 $0 ▲$0 ▲$0 ▲$0 ▲
Service Revenue
Service Revenue
 $0 ▲$0 ▲$0 ▲$0 ▲
Equipment Sales
Equipment Sales
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The company’s income statement reads like that of a very early‑stage business. Revenue appears minimal over the past several years, suggesting commercial adoption is still limited or lumpy. At the same time, earnings per share have been negative year after year, which signals ongoing losses as the company invests in technology, market development, and partnerships. There is no clear sign yet of scale or consistent profitability, so the financial story is still firmly in the “build and prove” phase rather than the “harvest profits” phase.

Balance Sheet

Balance Sheet The balance sheet looks light and thin. The company appears to operate with a small asset base and only modest cash resources, but also with effectively no traditional debt. That reduces the burden of interest payments, yet it also means there is not a large financial cushion to absorb setbacks. Equity is present but not large, which is typical for a small, growth‑oriented firm and implies that future operations may continue to depend on careful cash management and, potentially, additional capital raises if growth investments continue to outpace internal cash generation.

Cash Flow

Cash Flow Cash flow data suggests a pattern of modest but persistent cash use rather than strong cash generation. Operating cash flow has hovered around break‑even to slightly negative, indicating that the core business is not yet self‑funding. Free cash flow mirrors this, with very little spending on physical assets, so most cash outlay is likely going to people, software development, and sales efforts. This profile is consistent with a company prioritizing product and market development, but it also means the business remains sensitive to any delays in signing or ramping new contracts.

Competitive Edge

Competitive Edge From a strategic standpoint, Iveda is trying to carve out a niche at the intersection of AI video analytics, IoT, and smart city infrastructure. Its ability to layer intelligence onto existing camera systems, plus the DHS SAFETY Act certification, gives it a differentiated story for government and critical‑infrastructure clients. The recurring, licensing‑based model and reliance on partners such as telecoms and integrators can help extend reach without building a large direct sales force. However, the company is small and operates in an intensely competitive space with many larger, better‑funded rivals. Its position depends heavily on demonstrating clear, real‑world value in targeted verticals and winning visible reference projects in smart cities and public safety.

Innovation and R&D

Innovation and R&D Innovation is the clear centerpiece of the company’s identity. IvedaAI and the Cerebro IoT platform aim to turn standard cameras and sensors into intelligent systems, and the push into natural‑language search and future generative AI features shows an ambition to stay at the leading edge of AI usability. On top of that core, the company has spun out specialized offerings for environmental monitoring, healthcare, and law enforcement, which shows flexibility and creativity in applying its base technology. The risk is that this broad roadmap must be supported by relatively limited resources; staying ahead in AI and converting innovation into stable, recurring commercial deployments will be the key challenge.

Summary

Overall, this looks like a small, innovation‑heavy company with a financially fragile but not highly leveraged profile. The business has yet to demonstrate meaningful scale or sustained profitability, and cash generation is not firmly established, so the financial side carries typical early‑stage risks. On the other hand, the firm is pursuing a clear technological angle in AI‑driven security and smart city solutions, with certifications and niche products that can resonate in specific markets. For IVDAW specifically, it’s important to remember that this is tied to the underlying company’s long‑term success: the warrant’s prospects will be closely linked to whether Iveda can turn its promising technology and partnerships into durable revenue growth and a stronger, more resilient financial base over time.