Cloudastructure, Inc.

Greetings. Welcome to the Cloud Structure, Inc. year-end 2025 Business Update Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. Please note this conference is being recorded. I will now turn the conference over to your host, David Waldman, Investor Relations. You may begin.

Thank you, Holly. Good afternoon, and thank you for joining Cloudastructure's fourth quarter year-end 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 and year-end of December 31, 2025. The release is available on our website at www.cloudstructure.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 near end of December 31, 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 operations and financial position, strategy and plans, and our expectations for future operations are forward-looking statements. The words aim, anticipate, believe, could, expect, may, plan, project, strategy, will, and the negative 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, 2025. 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 applied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although the company believes 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. I would now like to turn the call over to James McCormick, Chief Executive Officer of Cloud Instructure. James, please go ahead.

Okay. Thanks so much, David. Good afternoon, and thank you for joining Cloud Astructure's fourth quarter 2025 earnings conference call and business update. We would like to apologize for shifting the call out one day, but we're glad that we could be with you here today. 2025 was a very important year for cloud structure, not just because of the growth we delivered, but because of what that growth tells us about where the market is going and how we're positioned within it. We grew revenue 271% to just over $5 million, driven by broad-based growth across our business. Customers are adopting more of our platform, expanding deployments across additional locations, and increasingly standardizing on cloud as structure as their long-term solution. And this is reflected in a 342% increase in total contract value year over year, highlighting a clear shift towards larger multi-site deployments and deeper customer adoption. This momentum is being driven by a fundamental shift in how organizations approach security. Traditional models are reactive. They record incidents after they happen, while customers today are looking for something much more proactive. They want to detect issues earlier, respond in real time, and ultimately prevent incidents altogether. And that's exactly what our platform is designed to do. By combining AI driven video analytics, cloud based infrastructure and remote guarded, we are able to identify potential threats and intervene before they escalate. We're seeing that translate directly into measurable outcomes, including a 98% real time deterrence rate across deployments. And also as a reference point, excuse me. Estimates are out that say that there are 1 billion security cameras deployed on a worldwide basis now. And those 1 billion cameras capture 1.44 trillion minutes of video each day. And a substantial portion of that 1.44 trillion minutes is not proactive. So just think of the opportunity that's available at that scale. So the demand is showing up very clearly in multifamily housing, which continues to be one of our strongest verticals, where property owners are dealing with rising crime rates, increasing liability exposure, and higher insurance costs, and they're actively looking for more effective solutions. As a result, we've now secured contracts with six of the ten largest property management companies in the U.S., according to the NMHC 50 rankings. What's particularly encouraging is how those relationships develop over time. Customers typically begin with a single site deployment, and once they see the results, including measurable reductions in incidents such as car break-ins, vandalism and unauthorized access, along with faster response times and lower overall security costs, they expand across additional properties. We also saw a significant increase in total contract value during the year, driven by larger multi-site deployments and deeper customer commitments as organizations move to standardized security across their portfolios. In 2025, we saw multiple customers transition from initial deployments to broader portfolio rollouts, in some cases moving from a single property to multi-site implementations within the same ownership group. That transition from single site to portfolio-wide deployments is a key driver of our growth and supports long-term recurring revenue expansion. Building on that momentum in multifamily, we're also expanding into different verticals, including construction, logistics, and distributed infrastructure environments, where security challenges tend to be more complex. These are areas where provisional approaches often fall short and where our ability to monitor, detect, and respond in real time provides a clear advantage. At the same time, we've continued to invest in expanding the capabilities of the platform itself. During the year, we introduced mobile surveillance trailers, rapid deployment security enclosures, and solar-powered monitoring systems designed for off-grid environments. These solutions allow us to bring our technology into locations where traditional infrastructure may not be practical, such as construction sites or remote facilities. More broadly, we're focused on building a unified hardware agnostic platform that allows customers to integrate multiple camera systems and security devices into a single environment that can be monitored and analyzed centrally, which becomes increasingly valuable as they scale. As adoption grows, we're also seeing our platform scale operationally. Over the course of the year, our system reviewed approximately 11.2 million alerts and supported more than 112,000 live verbal interventions, which gives you a sense of both the volume we're managing and the level of real-time engagement across customer deployments. And at the same time, our AI detection accuracy has reached approximately 96%, helping us minimize false alerts and focus on meaningful events. As a result, less than 1% of incidents require escalation to emergency services, meaning the vast majority of situations are resolved proactively before they become more serious issues. All of this is reflected in how customers are responding. We are seeing very strong satisfaction in retention metrics including a 100% customer satisfaction score, a net promoter score of 100+, and approximately 99% customer retention. These metrics reflect not just adoption, but long-term value, as customers continue to see improvements in safety, operational efficiency, and cost management. That performance has also been recognized externally through multiple industry awards, reinforcing our positioning as a leader in AI-driven security. So when we step back and look at 2025 as a whole, what stands out is that the model is working. We are seeing strong demand, continued expansion within existing customers, entry into new verticals, and clear validation from both customers and the broader industry. At the same time, we believe we're still in the early stages of a much larger shift towards AI-driven security, and as organizations continue moving towards more proactive solutions, we continue to see a significant opportunity ahead. As we move into 2026, our focus remains on scaling the platform, expanding enterprise adoption, and continuing to build on the momentum we have established. And with that, I'll turn it over to Greg to walk through the financials in more detail. Greg?