{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-004772","form_type":"8-K","ticker":"IVDA","cik":"0001397183","company_name":"Iveda Solutions, Inc.","filed_at":"2025-04-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.161462+00:00","generated_at":"2026-05-23T14:24:51.782212+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Iveda Solutions restates 2023 & 2024 financials; net losses increase by $1.4M-$1.6M","bullets":["Restatement due to multiple errors including improper capitalization of software dev costs, deferred tax asset write-off, and intercompany payable.","Net loss for nine months ended Sep 30, 2023 restated to $2.68M from $2.14M; loss per share changed from $0.13 to $0.27.","Net loss for nine months ended Sep 30, 2024 restated to $2.47M from $2.16M; loss per share went from $0.13 to $1.24.","Former auditor BF Borgers banned by SEC; company engaged Weinberg & Co to re-audit 2023 and 2024 financials."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-004772","json":"https://secwatch.observer/filing/0001641172-25-004772.json","markdown":"https://secwatch.observer/filing/0001641172-25-004772.md","text":"https://secwatch.observer/filing/0001641172-25-004772.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1397183/000164117225004772/0001641172-25-004772-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1397183/000164117225004772/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T14:24:51.782212+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}