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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUE        
TOTAL REVENUE $ 2,398,163 $ 872,762 $ 4,278,983 $ 5,469,693
COST OF REVENUE 1,987,681 731,062 3,185,444 4,560,171
GROSS PROFIT 410,482 141,700 1,093,539 909,522
OPERATING EXPENSES        
General & Administrative 1,012,319 1,048,549 3,370,549 3,187,581
Total Operating Expenses 1,012,319 1,048,549 3,370,549 3,187,581
LOSS FROM OPERATIONS (601,837) (906,849) (2,277,010) (2,278,058)
OTHER INCOME (EXPENSE)        
Miscellaneous Income (Expense) 8,370 248 34,157 (22,110)
Interest Income 24,904 56,361 92,920 104,460
Interest Expense (5,911) (2,306) (15,420) (5,850)
Total Other Income (Expense), Net 27,363 54,303 111,657 76,500
LOSS BEFORE INCOME TAXES (574,474) (852,546) (2,165,353) (2,201,558)
BENEFIT (PROVISION) FOR INCOME TAXES 132 206 (32,464) (18,384)
NET LOSS (574,342) (852,340) (2,197,817) (2,219,942)
Net Loss attributable to the Non-Controlling Interest 19,331 23,522 40,330 83,489
NET LOSS ATTRIBUTABLE TO IVEDA SOLUTIONS, INC. $ (555,011) $ (828,818) $ (2,157,487) $ (2,136,453)
BASIC LOSS PER SHARE $ (0.26) $ (0.41) $ (1.05) $ (1.07)
DILUTED LOSS PER SHARE $ (0.26) $ (0.41) $ (1.05) $ (1.07)
BASIC WEIGHTED AVERAGE SHARES 2,115,307 2,005,159 2,055,649 2,008,737
DILUTED WEIGHTED AVERAGE SHARES 2,115,307 2,005,159 2,055,649 2,008,737
Equipment Sales [Member]        
REVENUE        
TOTAL REVENUE $ 2,336,590 $ 785,065 $ 4,008,978 $ 5,105,280
Service Revenue [Member]        
REVENUE        
TOTAL REVENUE $ 61,573 $ 87,697 $ 270,005 $ 364,413