Iveda Solutions, Inc. income statement
In fiscal 2025, Iveda Solutions, Inc. reported revenue of $5.3m, down 12.3% on the year before, operating income of −$3.2m (a -61.1% margin) and net income of −$3.2m, or −$0.88 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 940 | 2,819 | 3,609 | 3,345 | 2,186 | 3,072 | 1,484 | 1,918 | 4,468 | 6,496 | 6,021 | 5,280 | 4,574 |
| Cost of revenue | 588 | 2,154 | 3,230 | 2,729 | 1,612 | 2,390 | 992 | 1,086 | 3,505 | 5,428 | 4,719 | 4,007 | 3,100 |
| Gross profit | 352 | 665 | 379 | 616 | 574 | 682 | 493 | 832 | 964 | 1,068 | 1,302 | 1,273 | 1,474 |
| Research and development | — | — | — | 286 | 304 | 265 | — | — | — | 797 | 363 | 171 | 214 |
| Selling, general and administrative | — | — | — | — | — | — | 1,721 | 3,558 | 4,293 | 4,311 | 5,009 | 4,329 | — |
| General and administrative | 2,285 | 4,094 | 4,223 | 6,575 | 5,533 | 4,019 | — | — | — | — | — | — | — |
| Operating income | −1,932 | −4,385 | −3,845 | −6,800 | −4,960 | −3,337 | −1,229 | −2,725 | −3,329 | −4,041 | −4,070 | −3,227 | −3,135 |
| Interest expense | 17 | 32 | 80 | 84 | 479 | 397 | 399 | 274 | 53 | 7 | 26 | 37 | 31 |
| Income before tax | −1,948 | −4,416 | −3,924 | −6,871 | −5,641 | −3,772 | — | −2,999 | −3,342 | −4,124 | −3,948 | −3,168 | — |
| Income tax | — | 47 | −83 | −69 | 16 | 13 | — | — | 3 | 18 | 32 | 30 | — |
| Net income | −1,948 | −4,463 | −3,842 | −6,802 | −839 | −3,785 | −1,602 | −2,999 | −3,345 | −4,143 | −3,981 | −3,198 | −3,166 |
| Diluted EPS | −$0.14 | −$17.92 | −$0.20 | −$0.27 | −$0.03 | −$8.96 | −$1.92 | −$0.32 | −$0.26 | −$2.07 | −$1.81 | −$0.88 | — |
| Diluted shares (average) | — | — | — | — | — | — | — | 1m | 2m | 2m | 2m | 4m | — |
| EBITDA | −1,850 | −4,130 | −3,627 | −6,578 | −4,734 | −3,145 | −1,203 | −2,710 | −3,312 | −4,021 | −4,038 | −3,205 | −3,115 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,398 | 1,742 | 1,475 | 1,528 | 1,652 | 626 | 1,494 | 802 |
| Cost of revenue | 1,988 | 1,534 | 1,186 | 1,083 | 1,135 | 603 | 999 | 363 |
| Gross profit | 410 | 208 | 288 | 445 | 517 | 23 | 495 | 439 |
| Research and development | 39 | 24 | 33 | 52 | 26 | 61 | 30 | 98 |
| Selling, general and administrative | 980 | 1,705 | 1,091 | 926 | 706 | 1,607 | — | — |
| General and administrative | — | — | — | — | — | — | 1,031 | 1,051 |
| Operating income | −609 | −1,521 | −836 | −532 | −214 | −1,645 | −566 | −710 |
| Interest expense | 6 | 11 | 6 | 12 | 12 | 7 | 6 | 6 |
| Income before tax | −582 | −1,511 | −794 | −534 | −221 | −1,619 | — | −679 |
| Income tax | −0 | −0 | — | 30 | 1 | 0 | — | 114 |
| Net income | −581 | −1,511 | −794 | −564 | −221 | −1,619 | −533 | −793 |
| Diluted EPS | −$0.27 | −$0.61 | −$0.28 | −$0.20 | −$0.07 | −$0.34 | −$0.06 | −$0.07 |
| EBITDA | −601 | −1,513 | −828 | −526 | −212 | −1,639 | −560 | −704 |
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