# CLOUDASTRUCTURE, INC. (CSAI) · Edgar & Edgarette company card

> Cloudastructure (CSAI) grew revenue 271% in FY2025 to $5 million, operating margin -161% against a 2.9% median for computer programming, data processing, etc., equity 88.0% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1709628 · fiscal year ended 2025-12-31 · 3 audited years read · [page](https://www.pops4.com/boards/company/CSAI) · [JSON](https://www.pops4.com/boards/company/CSAI.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $5M |
| Revenue growth, 1 year | 271.3% |
| Revenue growth per year | 188.7% |
| Operating margin | -160.8% (prior year -453.8%) |
| Net margin | -167.0% |
| Operating cash flow | −$7M |
| Capital spending | $315,000 |
| Free cash flow | −$7M |
| Cash | $8M |
| Long-term debt | — |
| Total assets | $10M |
| Total equity | $9M |
| Equity ÷ assets | 88.0% |
| Return on equity | -95.0% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -8.63 (distress zone)
- Piotroski F: 5 of 9 (middling)
- Beneish M: null (below the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late quarterly report notice, auditor change in the last 12 months; operating cash flow was negative; operating loss: a margin of -160.8% in FY2025; revenue is hard to predict: its 80% range is ±28%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $5.1M (FY2025). Experience: revenue up 271.3% on the year, up 188.7% a year over 2 years; operating margin -160.8%, up from -453.8%. Soundness: equity 88.0% of assets, return on equity -95.0%. Credibility: 3 audited years, moderate weight. Range: 80% of past cases like this landed between $12.3M and $22.0M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A statistical range, not company guidance. Against peers (40 filers, $50M+ revenue, services-computer programming, data processing, etc.): operating margin -160.8% against a 2.9% median; growth 271.3% against 5.7%.

Range logged 2026-09-20, receipt a0a76a281b1c3f21, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 3.01 Exchange listing notice or transfer: 3, latest 2026-08-17 ([filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826006505/0001683168-26-006505-index.htm))
- Item NT 10-Q Late quarterly report notice: 2, latest 2026-08-17 ([filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826006503/0001683168-26-006503-index.htm))
- Item 4.01 Auditor change: 1, latest 2026-04-22 ([filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826003135/0001683168-26-003135-index.htm))
- Item 5.02 Director or officer change: 2, latest 2026-09-02 ([filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826006883/0001683168-26-006883-index.htm))

## Recent filings

- 8-K · filed 2026-10-02 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826007556/0001683168-26-007556-index.htm)
- 8-K · filed 2026-09-02 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826006883/0001683168-26-006883-index.htm)
- 10-Q · filed 2026-08-18 · [filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826006543/0001683168-26-006543-index.htm)
- 8-K · filed 2026-08-17 · 2.02 Results of Operations and Financial Condition; 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826006505/0001683168-26-006505-index.htm)
- 8-K · filed 2026-08-10 · 1.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826006154/0001683168-26-006154-index.htm)
- 8-K · filed 2026-08-03 · 3.03 Material Modifications to Rights of Security Holders; 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 8.01 Other Events; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1709628/000168316826005913/0001683168-26-005913-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001709628.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1709628

## Cite

POPS4, Edgar & Edgarette: CLOUDASTRUCTURE, INC. (CSAI) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/CSAI. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.