Cloudastructure, Inc.
1.3800-0.03 (-2.13%)
Oct 29, 4:00:02 PM EDT · NasdaqCM · CSAI · USD
Key Stats
Market Cap
25.61MP/E (TTM)
-Basic EPS (TTM)
-0.43Dividend Yield
0%Recent Filings
8-K
8-K
Stockholders approve equity plan
Cloudastructure's stockholders approved key measures at the September 5, 2025 annual meeting, including the Amended and Restated 2024 Equity Incentive Plan boosting available shares by 2,000,000 to 19,500,000 for talent retention. They elected Ruba Qashu to the board with 4,763,019 for votes and ratified Bush & Associates as auditors. Authorization for issuing additional Series 2 Convertible Preferred Stock to Streeterville Capital strengthens financing options. This bolsters equity tools amid growth needs.
10-Q
Q2 FY2025 results
Cloudastructure's Q2 revenue surged 267% year-over-year to $1.1M, fueled by 58% customer growth and sharp rises in cloud video subscriptions (up 133%), remote guarding (up 151%), and hardware sales (up 863%), while gross profit leaped 273% to $404K on a 37.1% margin. Yet operating expenses climbed 25% to $2.3M, driven by payroll bonuses and marketing hires, yielding an operating loss of $1.9M—up 10% from last year—and a net loss of $2.0M after $162K preferred dividends. For the half-year, revenue doubled 243% to $1.8M with gross profit up 701% to $734K, but net loss widened 28% to $4.6M amid $1.2M stock-based comp. Cash swelled to $7.7M via $13.8M preferred stock raises, netting $7.7M free cash flow after $4.3M operating burn and $150K capex (derived); no debt burdens the balance sheet. Series 2 financing adds up to $40M firepower. Still, intense competition from well-capitalized rivals shadows expansion.
8-K
Record Q2 revenue surges 267%
Cloudastructure reported Q2 2025 revenue of $1.1 million, up 267% year-over-year, driven by surging AI surveillance demand in housing and construction sectors. The company secured $2.69 million in new contracts, surpassing full-year 2024 totals, while achieving positive gross margins for the second straight quarter and a 98% threat deterrence rate. Hardware sales exploded 863%. Yet risks loom from short-term customer contracts.
8-K
Governance updates filed
Cloudastructure amended its bylaws effective June 27, 2025, to align with public company standards, covering stockholder meetings, board procedures, officer roles, indemnification, and exclusive Delaware forum for corporate disputes. It also updated its Code of Ethics effective June 30, 2025, mandating ethical conduct, fraud reporting, legal compliance, and anti-corruption measures. These tweaks fortify governance amid public trading. No financial impacts disclosed.
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