iSign Solutions Inc. (the “Company” or “iSign”), was incorporated in Delaware in October 1986. iSign is a leading supplier of digital transaction management (DTM) software enabling the paperless, secure and cost-effective management and authentication of document-based transactions. iSign’s solutions encompass a wide array of functionality and services including electronic signatures, simple-to-complex workflow management and various options for biometric authentication. These solutions are available across virtually all enterprise, desktop and mobile environments as a seamlessly integrated platform for both ad-hoc and fully automated transactions. iSign’s platform can be deployed both on premise and as a cloud-based (“SaaS”) service, with the ability to easily transition between deployment models. The Company is headquartered in San Jose, California.
Company profile
Ticker
ISGN, ISIGN
Exchange
Website
CEO
Philip S. Sassower
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • NortonLifeLock • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee • Electronic Arts ...
Former names
COMMUNICATION INTELLIGENCE CORP
SEC CIK
Corporate docs
Subsidiaries
CIC Acquisition Corp. ...
IRS number
942790442
ISGN stock data
Press releases
Investment data
Securities sold
Number of investors
Calendar
16 May 22
12 Aug 22
31 Dec 22
Financial summary
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| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 56K | 56K | 56K | 56K | 56K | 56K |
| Cash burn (monthly) | (no burn) | 16.17K | 46.67K | 24.25K | (no burn) | 17.67K |
| Cash used (since last report) | n/a | 71.5K | 206.38K | 107.24K | n/a | 78.13K |
| Cash remaining | n/a | -15.5K | -150.38K | -51.24K | n/a | -22.13K |
| Runway (months of cash) | n/a | -1.0 | -3.2 | -2.1 | n/a | -1.3 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 28 Jun 21 | Philip S Sassower | Common Stock | Grant | Acquire A | No | No | 0.5 | 560,000 | 280K | 924,313 |
| 11 Aug 20 | Philip S Sassower | Stock Option Common Stock | Grant | Acquire A | No | No | 0.5 | 60,000 | 30K | 168,000 |
| 6 Feb 19 | Philip S Sassower | Warrant Common Stock | Grant | Acquire A | Yes | No | 0.5 | 390,000 | 195K | 558,000 |
| 18 Dec 18 | Philip S Sassower | Common Stock | Grant | Acquire A | No | No | 7.35 | 38,163 | 280.5K | 364,313 |
| 9 Aug 18 | Philip S Sassower | Stock Option Common Stock | Grant | Acquire A | No | No | 0.78 | 108,000 | 84.24K | 108,000 |
| 14 Nov 17 | Philip S Sassower | Stock Option Common Stock | Other | Dispose J | No | No | 81.13 | 800 | 64.9K | 0 |
| 19 May 16 | Philip S Sassower | Common Stock | Grant | Acquire A | Yes | No | 1.74 | 228,556 | 397.69K | 326,150 |
| 19 May 16 | Philip S Sassower | Common Stock | Grant | Acquire A | No | No | 7.42 | 93,717 | 695.38K | 97,594 |
| 19 May 16 | Philip S Sassower | Stock Option Common Stock | Other | Dispose J | No | No | 0.0649 | 999,200 | 64.85K | 800 |
| 2 Feb 16 | Philip S Sassower | Common Stock | Grant | Acquire A | Yes | No | 4 | 2,233 | 8.93K | 3,877 |
Institutional ownership, Q4 2019
| 13F holders | Current |
|---|---|
| Total holders | 0 |
| Opened positions | 0 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 0 |
| Total shares | 0 |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|
Content analysis
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H.S. sophomore Avg
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New words:
calendar, Description, discontinued, notice, penalty, premium, Registered
Removed:
account, agreed, Aid, amount, applied, apply, authorizing, borrower, collection, deferral, eligible, established, fee, forgiven, invoice, loan, long, monthly, office, Paycheck, payroll, PPP, pro, Program, Protection, qualifying, question, rata, reclassification, reduced, Relief, rent, repay, term, transactional, transferred, unforgiven
Financial reports
Current reports
8-K
Entry into a Material Definitive Agreement
27 Apr 22
8-K
Departure of Directors or Certain Officers
11 Jun 21
8-K
Entry into a Material Definitive Agreement
19 Feb 21
8-K
Changes in Registrant's Certifying Accountant
25 Jun 20
8-K
Entry into a Material Definitive Agreement
25 Jun 20
8-K
Entry into a Material Definitive Agreement
11 May 20
8-K
Entry into a Material Definitive Agreement
26 Mar 20
8-K
Entry into a Material Definitive Agreement
31 Dec 18
8-K
Entry into a Material Definitive Agreement
8 Aug 18
8-K
Entry into a Material Definitive Agreement
17 Dec 17
Registration and prospectus
424B4
Prospectus supplement with pricing info
16 May 16
S-1/A
2015 Q3
IPO registration (amended)
25 Jan 16
S-1
2015 Q3
IPO registration
16 Dec 15
D
$5M in equity, sold $1.15M, 14 investors
28 May 13
D
$2.22M in equity / debt / securities to be acquired, sold $1.1M, 40 investors
5 Nov 12
S-8
Registration of securities for employees
23 Oct 12
D
$1M in debt / options / securities to be acquired, sold $1M, 30 investors
26 Apr 12
Other
CORRESP
Correspondence with SEC
12 May 16
CORRESP
Correspondence with SEC
12 May 16
EFFECT
Notice of effectiveness
12 May 16
CORRESP
Correspondence with SEC
10 May 16
CORRESP
Correspondence with SEC
10 May 16
CORRESP
Correspondence with SEC
17 Feb 16
CORRESP
Correspondence with SEC
16 Feb 16
CORRESP
Correspondence with SEC
4 Feb 16
CORRESP
Correspondence with SEC
4 Feb 16
UPLOAD
Letter from SEC
22 Dec 15
Ownership
4
iSign Solutions / PHILIP S SASSOWER ownership change
6 Jul 21
SC 13G/A
iSign Solutions Inc.
7 Jun 19
SC 13G
iSign Solutions Inc.
10 Apr 19
4
iSign Solutions / Michael W. Engmann ownership change
28 Sep 16
4
iSign Solutions / Michael W. Engmann ownership change
27 Sep 16
4
iSign Solutions / Michael W. Engmann ownership change
7 Sep 16
4/A
iSign Solutions / Michael W. Engmann ownership change
7 Sep 16
4
COMMUNICATION INTELLIGENCE / Michael W. Engmann ownership change
2 Dec 15
3
COMMUNICATION INTELLIGENCE / FRANCIS J ELENIO ownership change
18 Nov 15
4
COMMUNICATION INTELLIGENCE / FRANCIS J ELENIO ownership change
18 Nov 15