Financial Data and Key Metrics Changes - Revenue for the full year 2025 was $5.1 million, representing a 271% growth compared to 2024 [15] - Gross profit increased to $1.5 million, up approximately 304% year-over-year [16] - Net loss for the year was $8.5 million or $0.55 per share, compared to a net loss of $6.5 million or $0.45 per share in 2024 [17] Business Line Data and Key Metrics Changes - Cloud video surveillance revenue increased by 137% [15] - Remote guarding revenue was up 150% [15] - Hardware revenue increased by 329% [15] - Other revenue, including installation and additional subscription-based services, increased by 410% [15] Market Data and Key Metrics Changes - The company secured contracts with six of the ten largest property management companies in the U.S. [9] - The total contract value increased by 342% year-over-year, indicating a shift towards larger multi-site deployments [8] Company Strategy and Development Direction - The company is focused on building a unified hardware-agnostic platform that integrates multiple camera systems and security devices [11] - Expansion into different verticals, including construction, logistics, and distributed infrastructure environments, is a key strategy [11] - The company aims to scale the platform and expand enterprise adoption while continuing to build on established momentum [15] Management's Comments on Operating Environment and Future Outlook - Management noted a fundamental shift in how organizations approach security, moving from reactive to proactive solutions [8] - The company believes it is in the early stages of a larger shift towards AI-driven security, with significant opportunities ahead [15] - Management expressed optimism about continued growth and the ability to meet projected demand [15] Other Important Information - The company processed approximately 9 million videos a day and achieved a 96% AI detection accuracy [12] - Customer satisfaction metrics include a 100% customer satisfaction score and a Net Promoter Score of 100+ [13] Q&A Session Summary Question: Can you touch on your overall install base and the number of active locations today? - The company has over 150 active locations, with significant growth in deployments from property management groups [22][23] Question: What is your existing capacity and bandwidth to activate and deploy properties? - The company anticipates increasing deployment capacity by 50% in the second half of 2026 [30] Question: What is the annual recurring revenue (ARR) run rate? - The current ARR is over $2 million, reflecting strong growth in recurring revenue streams [31][32] Question: Can you touch on the attach rates and overall ASP of your offerings? - The average selling price for surveillance is about $35 per camera per month, and for remote guarding, it is about $79 per camera per month [36] Question: What are some of the new verticals that you are most excited about? - The company is particularly excited about opportunities in transportation and logistics, as well as commercial properties [42][43] Question: How do you think about cash usage and cash burn going forward? - The company anticipates cash burn to continue decreasing as revenues grow, with a strong cash position to support operations [87]