Iveda Solutions, Inc. SEC 10-Q Report

Iveda Solutions, Inc., a leading provider of AI and IoT solutions, has released its Form 10-Q report for the third quarter of 2025. The report highlights the company's financial performance and operational achievements, reflecting its strategic initiatives and market positioning in the smart city technologies sector.

Financial Highlights

Total Revenue: $1.65 million for the three months ended September 30, 2025, a decrease of 31% compared to the same period in 2024, primarily due to decreased equipment sales from Iveda Taiwan.

Gross Profit: $0.52 million for the three months ended September 30, 2025, an increase of 26% compared to the same period in 2024, attributed to higher margin contract sales in Taiwan.

Loss from Operations: $(0.21) million for the three months ended September 30, 2025, a reduction in loss by 65% compared to the same period in 2024, primarily due to increased gross margins and reduction in operating expenses.

Net Loss: $(0.22) million for the three months ended September 30, 2025, a decrease in net loss by 62% compared to the same period in 2024, primarily due to a reduction in operating expenses.

Basic and Diluted Loss Per Share: $(0.07) for the three months ended September 30, 2025, compared to $(0.27) for the same period in 2024, reflecting improved financial performance.

Business Highlights

Revenue Segments: Iveda's revenue is primarily derived from two segments: Iveda US and Iveda Taiwan. Iveda Taiwan's sales are largely project-based, targeting enterprise and government clients, while Iveda US focuses on hardware sales and software licensing through distributors.

Geographical Performance: The Republic of China (Taiwan) remains a significant market for Iveda, contributing $3,957,238 in revenue for the nine months ended September 30, 2025, compared to $3,649,955 in the same period in 2024. The US market also showed growth, with revenues increasing to $697,032 from $629,028.

New Product Launches: Iveda has introduced several innovative products, including IvedaAI, a deep-learning video analytics software, and IvedaXpress, a system enabling AI analytics on pre-existing IP cameras. Additionally, the company launched IvedaCare, a suite of wireless health and wellness devices, and LevelNOW, an IoT-based solution for liquid level monitoring.

Future Outlook: Iveda is positioned to capitalize on the growing demand for smart city technologies, AI, and IoT solutions. The company anticipates continued growth in these markets, supported by its advanced product offerings and global reach.

SEC Filing: Iveda Solutions, Inc. [ IVDA ] - 10-Q - Nov. 14, 2025