Cloudastructure achieves record Q3 with 272% revenue growth, strong contract momentum, and expanding market adoption of AI-driven security solutions.

OPERATOR - (00:01:48)

Good day everyone. Welcome to the Cloudastructure Inc. Third Quarter Business Update Conference Call. At this time, all participants have been placed on a listen only mode and the floor will be open for questions after the presentation. It is now my pleasure to turn the floor over to your host, Ted Avis, Investor Relations the floor is yours.

Ted Avis - Investor Relations - (00:02:09)

Thanks Kelly. Good morning and thank you for joining Cloudastructure Inc's third quarter 2025 earnings conference call and Business Update. On the call with us today are James McCormick, Chief Executive Officer of Cloudastructure and Greg Smitherman, Chief Financial Officer. Earlier today, the Company issued a press release announcing its operating results for the three months ended September 30, 2025. The release is available on our website at www.cloudastructure.com and our Form 10-K can be found both there and at www.sec.gov. If you have any questions after today's call, please contact Crushendo Communications at 212-671-1020. Before Mr. McCormick reviews the Company's operating results for the quarter ended September 30, 2025 and provides a business update, I would like to remind everyone that this conference call may contain forward-looking statements all statements other than statements of historical facts contained in this conference call, including statements regarding our future results of operation and financial position, strategy and plans and expectations for future operations, are forward-looking statements. The words aim, anticipate, believe, could, expect, may, plan, project, strategy, and will and the negative of such terms, or other terms of similar expressions, are intended to identify forward-looking statements. These forward-looking statements are based largely on the Company's current expectations and projections about future events and trends that it believes may affect its financial condition, results of operations, strategy, short term and long term business operations and objectives, and financial needs. These forward-looking statements are subject to several risks, uncertainties and assumptions as described in the Company's filings with the SEC, including the company's annual report on Form 10-K for the year ended December 31, 2024. Because of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this conference call may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statement. You should not rely upon forward-looking statements as predictions of future events. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance or achievements. In addition, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company disclaims any duty to update any of these forward-looking statements. Except as required by law, all forward-looking statements attributable to the Company are expressly qualified in their entirety. By these cautionary statements as well as others made on this conference call, you should evaluate all forward-looking statements made by the Company in the context of these risks and uncertainties. Having said that, I would now like to turn the call over to James McCormick, Chief Executive Officer of Cloudestructure. James Thanks Ted.

James McCormick - Chief Executive Officer - (00:05:06)

Good afternoon and thank you for joining Cloudastructure third quarter 2025 earnings conference call and Business Update. For those of you that are joining us for the first time, let us give you a short overview of Cloudastructure. We develop advanced artificial intelligence powered surveillance and security infrastructure that helps customers stop incidents before they happen. Our cloud-native platform combines intelligent video analytics, remote guarding and smart access control to deliver real time threat detection and prevention across commercial, industrial and multifamily properties. Since becoming a public company earlier this year at the end of January, we've been steadily expanding our investor outreach and transparency. This is our second quarterly conference call and we're pleased to continue this dialogue as we share the progress we're making in scaling the business and strengthening our leadership position in AI driven security. Q3 was another record breaking quarter for Cloudestructure. Revenue grew 272% year over year to 1.45 million, our strongest quarter yet, reflecting accelerating adoption of our AI driven surveillance and remote guarding solutions across multifamily and commercial properties nationwide. We've now signed approximately 4.79 million in contracts through the end of September, already more than triple our total of 1.5 million for all of 2024. That momentum reflects how scalable our business has become, extending from hardware shipments to recurring cloud subscriptions and remote guarding services. In fact, September was the strongest month in the Company's history with over 1 million in new contracts signed. Driven by accelerating demand across multifamily housing, mixed use developments and commercial properties, customers are increasingly recognizing the traditional reactive security such as passive cameras and on site guards keep pace with today's challenges. They need proactive intelligent systems that detect, deter and prevent incidents in real time. And that's exactly what Cloudastructure delivers. We're also seeing customers expand platform wide across entire portfolios. Standardizing with Cloudastructure reduces their security costs, increases operational efficiency and drives measurable ROI, often cutting guard expenses by as much as 40% while improving safety outcomes. That level of performance drives renewals and long term relationships. Our infrastructure continues to scale efficiently as well. We now process over 8 million videos per day, more than 8,000 per minute, while lowering our processing costs compared to prior periods. This gives us strong operational leverage and positions us for continued margin improvement as revenue grows.