IVDA · Iveda Solutions, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.49M | - | $1.65M | $1.53M | $1.47M | - | $2.40M | $1.53M | $346.8K | - |
| Cost of Revenue | $999.0K | - | $1.13M | $1.08M | $1.19M | - | $1.99M | $1.03M | $164.9K | - |
| Gross Profit | $495.2K | - | $517.3K | $444.8K | $288.2K | - | $410.5K | $501.2K | $181.9K | - |
| R&D | $30.0K | - | $39.3K | $51.5K | $188.4K | - | - | - | - | - |
| SG&A | $1.03M | - | $705.8K | $925.6K | $1.09M | - | $1.01M | $1.02M | $1.34M | - |
| Total Operating Expenses | $1.06M | - | $731.6K | $977.1K | $1.12M | - | $1.01M | $1.02M | $1.34M | - |
| D&A | $5.9K | - | - | - | $7.3K | - | $11.1K | $7.9K | $7.9K | - |
| Operating Income | ($565.7K) | - | ($214.3K) | ($532.4K) | ($835.6K) | - | ($601.8K) | ($514.2K) | ($1.16M) | - |
| Interest Expense | $5.6K | - | $11.6K | $12.1K | $4.3K | - | $5.9K | $5.2K | $4.3K | - |
| Income Tax | - | - | $665 | $29.8K | - | - | ($132) | $1.3K | $31.3K | - |
| Net Income | ($532.8K) | - | ($221.3K) | ($564.2K) | ($793.7K) | - | ($555.0K) | ($494.3K) | ($1.11M) | - |
| EPS - Basic | ($0.06) | - | ($0.07) | ($0.20) | ($0.28) | - | ($0.26) | ($0.03) | ($0.07) | - |
| EPS - Diluted | ($0.06) | - | ($0.07) | ($0.20) | ($0.28) | - | ($0.26) | ($0.03) | ($0.07) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.63M | $5.16M | $3.30M | $1.59M | $2.49M | $2.63M | $3.60M | $2.86M | $3.90M | $4.75M |
| Accounts Receivable | $745.3K | $256.7K | $1.32M | $1.37M | $819.8K | $1.28M | $2.16M | $1.06M | $203.9K | $281.0K |
| Inventory | $248.0K | $236.0K | $247.5K | $274.9K | $217.6K | $148.1K | $1.30M | $770.0K | $490.4K | $324.5K |
| Accounts Payable | $876.3K | $459.3K | $920.8K | $862.2K | $795.6K | $730.3K | $1.99M | $831.1K | $269.9K | $179.9K |
| Current Assets | $7.53M | $6.16M | $5.48M | $4.08M | $4.21M | $5.03M | $7.63M | $5.33M | $5.28M | $5.93M |
| Total Assets | $7.86M | $6.43M | $5.78M | $4.39M | $4.53M | $5.18M | $9.06M | $6.76M | $6.60M | $7.26M |
| Current Liabilities | $1.66M | $1.27M | $1.58M | $2.40M | $2.34M | $2.30M | $3.11M | $2.08M | $1.48M | $1.46M |
| Long-term Debt | $229.5K | $265.8K | $306.4K | $365.3K | $340.8K | $376.2K | $420.0K | $441.0K | $480.0K | - |
| Total Liabilities | $1.99M | - | $2.01M | $2.91M | $2.83M | - | $3.53M | $2.52M | $1.96M | - |
| Stockholders' Equity | $5.86M | $4.78M | $3.77M | $1.48M | $1.70M | $2.51M | $6.68M | $4.24M | $8.34M | $5.80M |
| Retained Earnings | ($56.91M) | ($56.37M) | ($54.76M) | ($54.53M) | ($53.97M) | ($53.18M) | ($50.10M) | ($49.54M) | ($49.05M) | ($47.94M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($927.1K) | - | - | - | ($126.0K) | - | - | - | ($1.11M) | - |
| Investing Cash Flow | - | - | - | - | $109 | - | - | - | ($188.4K) | - |
| Financing Cash Flow | $1.43M | - | - | - | $839 | - | - | - | $523.3K | - |
| CapEx | - | - | - | - | - | - | - | - | $188.4K | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | ($1.30M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 33.1% | - | 31.3% | 29.1% | 19.5% | - | 17.1% | 32.7% | 52.5% | - |
| Operating margin | -37.9% | - | -13.0% | -34.8% | -56.7% | - | -25.1% | -33.5% | -334.8% | - |
| EBITDA margin | -37.5% | - | - | - | -56.2% | - | -24.6% | -33.0% | -332.5% | - |
| Net margin | -35.7% | - | -13.4% | -36.9% | -53.8% | - | -23.1% | -32.2% | -319.6% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | -375.0% | - |
| FCF / Net income | - | - | - | - | - | - | - | - | 1.17 | - |
| R&D / Revenue | 2.0% | - | 2.4% | 3.4% | 12.8% | - | - | - | - | - |
| SG&A / Revenue | 69.0% | - | 42.7% | 60.6% | 74.0% | - | 42.2% | 66.2% | 387.3% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -6.8% | - | -3.8% | -12.9% | -17.5% | - | -6.1% | -7.3% | -16.8% | - |
| Return on equity | -9.1% | - | -5.9% | -38.1% | -46.7% | - | -8.3% | -11.7% | -13.3% | - |
| Return on invested capital | - | - | -4.2% | -22.8% | - | - | -6.7% | -8.7% | -10.4% | - |
| Liquidity | ||||||||||
| Current ratio | 4.53 | 4.86 | 3.48 | 1.70 | 1.80 | 2.19 | 2.45 | 2.56 | 3.57 | 4.06 |
| Quick ratio | 4.38 | 4.67 | 3.32 | 1.59 | 1.71 | 2.12 | 2.04 | 2.19 | 3.24 | 3.84 |
| Cash ratio | 3.39 | 4.07 | 2.09 | 0.66 | 1.06 | 1.14 | 1.16 | 1.37 | 2.64 | 3.26 |
| Leverage | ||||||||||
| Debt / Equity | 0.04 | 0.06 | 0.08 | 0.25 | 0.20 | 0.15 | 0.06 | 0.10 | 0.06 | - |
| Debt / Assets | 0.03 | 0.04 | 0.05 | 0.08 | 0.08 | 0.07 | 0.05 | 0.07 | 0.07 | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -100.9x | - | -18.5x | -43.9x | -195.0x | - | -101.8x | -98.4x | -270.9x | - |
| Equity multiplier | 1.34 | 1.34 | 1.53 | 2.97 | 2.66 | 2.07 | 1.36 | 1.59 | 0.79 | 1.25 |
| Liabilities / Assets | 0.25 | - | 0.35 | 0.66 | 0.62 | - | 0.39 | 0.37 | 0.30 | - |
| Efficiency | ||||||||||
| Asset turnover | 0.19 | - | 0.29 | 0.35 | 0.33 | - | 0.26 | 0.23 | 0.05 | - |
| Inventory turnover | 4.03 | - | 4.58 | 3.94 | 5.45 | - | 1.53 | 1.34 | 0.34 | - |
| Days sales outstanding | 182d | - | 293d | 326d | 203d | - | 329d | 252d | 215d | - |
| Days inventory outstanding | 91d | - | 80d | 93d | 67d | - | 238d | 272d | 1086d | - |
| Days payable outstanding | 320d | - | 296d | 291d | 245d | - | 365d | 294d | 597d | - |
| Cash conversion cycle | -48d | - | 76d | 129d | 25d | - | 202d | 230d | 703d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 1.3% | - | -31.1% | -0.4% | 325.2% | - | 174.8% | -35.9% | -84.3% | - |
| Revenue CAGR (3y) | -12.2% | - | 4.0% | 39.7% | 85.5% | - | 105.0% | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | 71.8% | - | 26.0% | -11.3% | 58.5% | - | 189.7% | 78.3% | -62.6% | - |
| Operating income growth (YoY) | 32.3% | - | 64.4% | -3.5% | 28.0% | - | 33.6% | 37.3% | -110.7% | - |
| Net income growth (YoY) | 32.9% | - | 60.1% | -14.2% | 28.4% | - | 33.0% | 34.7% | -101.4% | - |
| EPS growth (YoY) | 78.6% | - | 73.1% | -566.7% | -300.0% | - | -420.0% | 66.7% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | -36094.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 244.8% | 90.8% | -43.6% | -65.0% | -79.6% | -56.8% | 0.0% | -43.8% | 0.0% | -23.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$5.28M totalEquipment Sales$4.90M · 92.8%
Service Revenue$378.6K · 7.2%
Geographic
$5.28M totalTW$4.57M · 86.6%
US$709.2K · 13.4%
Peer comparison
Same SIC group: Services-Prepackaged Software
Comparing Iveda Solutions against the 5 most active filers in the same SIC group.