Every 10-Q that Cloudastructure, Inc. (CSAI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CSAI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CSAI filings page.
Cloudastructure, Inc. reported continued operating losses and tight liquidity for the six months ended June 30, 2026. Revenue was $2.55 million, up from $1.82 million a year earlier, driven by higher subscription revenue, but the company recorded a net loss of $4.51 million and negative operating cash flow of $4.46 million.
Cash and cash equivalents fell to $3.81 million from $8.45 million at year-end, with an accumulated deficit of about $55.8 million. Management states that recurring losses, cash burn and dependence on external financing raise substantial doubt about the company’s ability to continue as a going concern. Access to its equity line and ATM facility depends on maintaining a Nasdaq listing.
The company corrected immaterial past errors related to embedded derivative liabilities and mezzanine classification of preferred stock, revising prior-period financials without restating them. An amendment to the Series 2 preferred terms eliminated the derivative, reducing the related liability from $1.32 million at December 31, 2025 to zero. Cloudastructure recently effected a 1‑for‑30 reverse stock split and has regained compliance with Nasdaq’s minimum bid price rule, but remains exposed to potential delisting under the Market Value of Listed Securities threshold. Management also discloses a material weakness in internal control over financial reporting.
Cloudastructure, Inc. reports for the quarter ended March 31, 2026 that revenue was $1,315 (in thousands), up from $738 (in thousands) a year earlier, driven by subscription, installation and hardware sales. Gross profit was $710 and loss from operations was $2,603 (each in thousands), with net loss available to common stockholders of $3,222 (in thousands), or $0.14 per share.
Cash and cash equivalents declined to $5,750 from $8,453 (in thousands) at year‑end as operating activities used $2,513 (in thousands) of cash. Total assets were $7,775 (in thousands). The company reports a Level 3 derivative liability of $1,392,433 related to Series 2 Convertible Preferred Stock, which is classified in temporary equity at a carrying value of $4,199,853.
The company revised prior‑period figures after identifying immaterial errors in accounting for embedded conversion features and mezzanine classification of its preferred shares, and disclosed a related material weakness in internal control. Management cites access to a $50.0 million equity line, a $9.0 million at‑the‑market facility and prior preferred financings as key elements of its liquidity while it continues to incur operating losses.
Cloudastructure (CSAI) reported Q3 2025 results. Revenue rose to $1.45 million (up 272% year over year), while net loss was $2.07 million. Gross profit improved as higher subscription, hardware, and installation activity lifted sales faster than costs.
For the nine months, revenue reached $3.28 million with a net loss of $6.63 million. Operating expenses increased as the company expanded sales, engineering, and marketing, and recorded higher non‑cash stock compensation. Cash and equivalents were $6.40 million at September 30, 2025, supported by $13.75 million in preferred stock financings during 2025 and an Equity Line that permits purchases of up to $50.0 million of Class A stock, subject to conditions.
Shares outstanding were 19,516,540 Class A and 63,972 Class B as of September 30, 2025.
Cloudastructure, Inc. (CSAI) 10-Q highlights key capital transactions, liquidity and corporate actions for the quarter. The company closed a Series 1 equity financing that produced $6.3 million of gross proceeds and sold Series 2 preferred shares for $4.5 million plus an additional $3.0 million on April 10, 2025. Under an agreement with Atlas the company issued 143,472 shares of Class A common stock on February 6, 2025 and subsequently issued an additional 229,662 shares on July 9, 2025 pursuant to an Equity Line. The company effected a 1-for-6 reverse stock split reported retrospectively for all periods. Reported cash figures include $7,235 and $5,816 at June 30, 2025 and December 31, 2024, respectively, and the statement of cash flows shows $12,137 provided by financing activities for the period. The filing discloses an accumulated deficit and continued operating losses and lists multiple risk factors including substantial customer concentration, need for additional capital, privacy/security regulatory risks, and competitive pressures.