Iveda Solutions, Inc. IVDA
Solutions, Inc. ("Iveda", or the "Company") was incorporated in Nevada as Charmed Homes, Inc. in June 2006. On
October 15, 2009, IntelaSight, d/b/a Iveda, a Washington corporation, became a wholly owned subsidiary of the Company. In December 2010,
IntelaSight merged with and into the Company and the Company became the surviving company. Iveda offered the first cloud hosting of streaming
and recorded video from security cameras for its customers and real-time remote surveillance service utilizing intervention specialists
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- Taiwan
- United States
| Region | FY2025 | FY2024 |
|---|---|---|
| Taiwan | $4.6M | $5.2M |
| United States | $709.2K | $869.3K |
As the company reported it, from the “SCHEDULE OF SEGMENT INFORMATION (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.3M | $6.0M | $6.5M | $4.5M | $1.9M | $1.5M | — | $3.1M | $2.2M | $3.3M |
| Cost of revenue | $4.0M | $4.7M | $5.4M | $3.5M | $1.1M | $991.6K | — | $2.4M | $1.6M | $2.7M |
| Gross profit | $1.3M | $1.3M | $1.1M | $963.5K | $832.3K | $492.7K | — | $681.6K | $573.5K | $615.9K |
| R&D | $170.8K | $363.4K | $797.1K | — | — | — | — | $264.8K | $304.1K | $285.8K |
| SG&A | $4.3M | $5.0M | $4.3M | $4.3M | $3.6M | $1.7M | — | $4.0M | $5.5M | $6.6M |
| Total operating expenses | $4.5M | $5.4M | $5.1M | $4.3M | $3.6M | $1.7M | — | $4.0M | $5.5M | $7.4M |
| Operating income | -$3.2M | -$4.1M | -$4.0M | -$3.3M | -$2.7M | -$1.2M | — | -$3.3M | -$5.0M | -$6.8M |
| Interest expense | $36.5K | $26.2K | $7.3K | $53.3K | $273.6K | $398.8K | — | $397.1K | $478.6K | $83.6K |
| Pre-tax income | -$3.2M | -$3.9M | -$4.1M | -$3.3M | -$3.0M | — | — | -$3.8M | -$5.6M | -$6.9M |
| Income tax | $30.5K | $32.4K | $18.3K | $2.9K | — | — | — | $12.6K | $15.8K | $69.3K |
| Net income | -$3.2M | -$4.0M | -$4.1M | -$3.3M | -$3.0M | -$1.6M | — | -$3.8M | -$5.7M | -$6.8M |
| EPS, basic | -0.88 | -1.81 | -2.07 | -0.26 | -0.34 | -0.03 | — | — | -0.21 | -0.27 |
| EPS, diluted | -0.88 | -1.81 | -2.07 | -0.26 | -0.04 | -0.03 | — | -0.14 | -0.21 | -0.27 |
| Shares, diluted (wtd. avg.) | 3.6M | 2.2M | 2.0M | 12.8M | 8.9M | 51.7M | — | — | — | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $5.2M | $2.6M | $4.7M | $7.3M | $1.4M | $249.5K | — | $206.9K | $87.9K | $559.7K |
| Receivables | $256.7K | $1.3M | $281.0K | $1.2M | $492.8K | $226.6K | — | $996.6K | $358.8K | $372.6K |
| Inventory | $236.0K | $148.1K | $324.5K | $526.5K | $344.7K | $221.9K | — | $176.9K | $387.9K | $331.4K |
| Total current assets | $6.2M | $5.0M | $5.9M | $9.6M | $2.7M | $985.2K | — | $2.0M | $2.5M | $2.6M |
| Property, plant and equipment | $47.1K | $68.7K | $98.6K | $32.9K | $38.2K | $22.0K | — | $189.1K | $532.5K | $471.2K |
| Goodwill | — | — | — | — | — | — | — | — | — | $0 |
| Other intangibles | — | — | — | — | $6.7K | $6.7K | — | — | $126.7K | — |
| Total assets | $6.4M | $5.2M | $6.3M | $9.9M | $3.0M | $1.2M | — | $2.4M | $3.5M | $3.7M |
| Accounts payable | $459.3K | $730.3K | $379.9K | $360.4K | $62.9K | $405.8K | — | $1.5M | $1.2M | $2.4M |
| Short-term debt | $127.6K | $122.0K | $348.8K | $65.4K | $120.3K | $866.0K | — | $53.0K | -$34.6K | $164.2K |
| Total current liabilities | $1.3M | $2.3M | $1.7M | $2.1M | $3.4M | $4.5M | — | $3.4M | $4.0M | $2.7M |
| Long-term debt | $265.8K | $376.2K | — | $190.8K | $338.8K | — | — | — | $34.6K | $364.4K |
| Retained earnings | -$56.4M | -$53.2M | -$49.2M | -$44.7M | -$41.4M | -$38.3M | — | -$31.9M | -$27.5M | -$21.8M |
| Total equity | $4.8M | $2.5M | $4.6M | $7.2M | -$777.3K | -$3.7M | -$2.6M | -$1.6M | -$756.4K | $521.8K |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2.0M | -$4.4M | -$3.3M | -$5.4M | -$2.0M | -$145.6K | — | -$2.7M | -$5.0M | -$3.6M |
| Depreciation and amortisation | $21.6K | $31.8K | $19.8K | $17.8K | $15.0K | $25.7K | — | $191.5K | $225.5K | $221.9K |
| Stock-based compensation | $376.0K | $122.6K | $104.6K | $120.6K | $801.9K | $165.2K | — | $216.7K | $373.0K | $336.4K |
| Capital expenditure | — | $2.6K | $85.6K | $14.2K | $24.5K | $21.9K | — | $27.4K | $268.6K | $157.2K |
| Investing cash flow | — | -$2.6K | -$265.6K | -$14.2K | -$24.5K | -$21.9K | — | -$9.3K | -$268.6K | -$157.2K |
| Financing cash flow | $4.6M | $2.3M | $1.0M | $11.4M | $3.1M | $113.7K | — | $2.8M | $4.8M | $4.2M |
| Dividends paid | — | — | — | — | — | — | — | $3.0K | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-014179.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2013 | FY2014 | FY2015 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.3M | $2.2M | $3.1M | — | $1.5M | $1.9M | $4.5M | $6.5M | $6.0M | $5.3M |
| Gross profit | $615.9K | $573.5K | $681.6K | — | $492.7K | $832.3K | $963.5K | $1.1M | $1.3M | $1.3M |
| Net income | -$6.8M | -$5.7M | -$3.8M | — | -$1.6M | -$3.0M | -$3.3M | -$4.1M | -$4.0M | -$3.2M |
Recent filings and events
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Delisting notice The exchange has told the company it no longer meets the rules for staying listed - usually price, market cap, or filings that are late. Item 3.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Delisting notice Item 3.01
- Shareholder vote Item 5.07
- Other event Item 8.01
- Shareholder vote Item 5.07
- Other event Item 8.01
- Delisting notice Item 3.01
- Annual report filed Form 10-K
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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