Cloudastructure, Inc.

Good day, everyone. Welcome to the Cloud of Structure, 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.

Thanks, Kelly. Good morning, and thank you for joining Cloud of Structure, Inc.' 's Third Quarter 2025 Earnings Conference Call and Business Update. On the call with us today are James McCormick, Chief Executive Officer of Cloud Astructure, and Greg Smitherman, Chief Financial Officer. Earlier today, the company issued a press release announcing its operating results for the three months ended September 30th, 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 Crescendo Communications at 212-671-1020. Before Mr. McCormick reviews the company's operating results for the quarter ended September 30th, 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, will, and the negative of such terms and other words in 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 statements. 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 Cloud Instructure. James?

Thanks, Ted. Good afternoon and thank you for joining Cloud Astructure's 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 Cloud Astructure. 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 cloud structure. Revenue grew 272% year-over-year to 1.45 million, our strongest quarter yet. reflecting accelerating adoption of our driven surveillance and remote guarding solutions across 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 and 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 can't 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 cloud structure delivers. We're also seeing customers expand platform wide across entire portfolios. Standardizing with cloud structure 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. This quarter also marked the rollout of our customer financing program, developed in partnership with a financing provider to help large property operators modernize their security infrastructure without upfront costs. The program enables customers to deploy our full AI driven platform, hardware, cloud services and remote guarding immediately while spreading payments over time. By removing the capital expense barrier, we're making it easier for customers to accelerate modernization across their portfolios. Early adoption has been strong with several large operators already using the program to launch multi-site rollouts. It's also shortening our sales cycles from months to weeks and providing more predictable recurring cash flow for cloud structure. Another major highlight was the introduction of our new compression technology which reduces bandwidth consumption by up to 50%. This innovation enables customers to support more cameras per device, lowering total cost of ownership and improving video quality. It also lays the foundation for future advancements such as faster event response and real-time computer vision capabilities. Operationally, we executed multiple large-scale installations during the quarter, including full AI surveillance and remote guarding deployments at two luxury multifamily communities in Maryland for one of the nation's largest property management groups. These complex projects, completed on time and within budget, involved hundreds of cameras and integrated access points managed through our cloud platform. Both sites are already seeing strong results, including fewer incidents, faster response times, higher resident satisfaction, and measurable ROI improvement driven by lower security costs and reduced loss events. We're now in discussions to expand coverage across additional properties further validating our ability to scale efficiency and deliver measurable value to large enterprise customers we were honored by the prop tech breakthrough awards with the title of project management solution of the year for our alpha mobile surveillance trailer a fully autonomous solar-powered AI unit that extends our remote guarding platform into a rapid development mobile format. It delivers the same 98% deterrence rate as our fixed systems, and Alpha provides enterprise-grade security wherever it's needed, from construction sites to event spaces. The recognition highlights Cloud Astructure's innovation and leadership in advancing intelligent, ai driven security solutions in addition to strong operational execution we also reinforced our financial position and demonstrated our commitment to shareholders with the launch of an up to five million dollar share repurchase program for our class a common stock this initiative reflects the board's confidence in cloudist structures performance growth trajectory, and long-term value creation strategy. With more than $6 million in cash a quarter end, we remain well positioned to invest in disciplined growth while maintaining a solid, flexible balance sheet. In short, Q3 was another proof point that our strategy is working. We're executing well. scaling efficiently, and building a brand that represents trust, innovation, and measurable results in proactive security. With that, I'll turn it over to Greg Smitherman to review the financial results in more detail. Greg?