IWSY Imageware Systems
In 1987, ImageWare was founded to innovate imaging. After a bold start evolving silver halide photography into digital images, ImageWare built the first statewide digital booking platform for the United States law enforcement in 1998. Since then, ImageWare has evolved into the largest holder of multimodal biometrics, managing millions of identities daily. With vast experience in the government sector, ImageWare is democratizing biometrics by offering defense-grade identity and authentication solutions to the masses. By identifying the person, not a device, ImageWare is giving populations around the globe access to their important data. www.iwsinc.com
Company profile
Ticker
IWSY
Exchange
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Activision Blizzard • BlackBerry • NortonLifeLock • Adobe • Vmware • Ceridian HCM Holding • McAfee • SolarWinds ...
Former names
IMAGEWARE SOFTWARE INC
SEC CIK
Corporate docs
IRS number
330224167
Press releases
ImageWare Sets Fourth Quarter and Full Year 2020 Earnings Call for Tuesday, April 20, 2021 at 4:30 p.m. ET
12 Apr 21
ImageWare Provides Corporate Update
29 Mar 21
ImageWare Appoints Former FBI Senior Executive and Security Expert Lauren C. Anderson to Board of Directors
18 Mar 21
ImageWare® Launches ImageWare Authenticate, Embeds Biometrics to Make Identity Assurance Simple
1 Feb 21
Investment data
Securities sold
Number of investors
Calendar
2 Apr 21
13 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 8.35M | 8.35M | 8.35M | 8.35M | 8.35M | 8.35M |
| Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 832.67K | 810K | 1.01M | 667.42K |
| Cash used (since last report) | n/a | n/a | 2.87M | 2.79M | 3.48M | 2.3M |
| Cash remaining | n/a | n/a | 5.48M | 5.56M | 4.87M | 6.05M |
| Runway (months of cash) | n/a | n/a | 6.6 | 6.9 | 4.8 | 9.1 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 12 Nov 20 | Nantahala Capital Management | Series D Convertible Preferred Stock Common Stock | Other | Aquire J | Yes | No | 1000 | 7,500 | 7.5M | 15,000 |
| 12 Nov 20 | Nantahala Capital Management | Series C Convertible Redeemable Preferred Stock Common Stock | Other | Dispose J | Yes | No | 10000 | 750 | 7.5M | 0 |
| 12 Nov 20 | Nantahala Capital Management | Series D Convertible Preferred Stock Common Stock | Buy | Aquire P | Yes | No | 1000 | 7,500 | 7.5M | 7,500 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
98.6% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1 |
| Opened positions | 1 |
| Closed positions | 1 |
| Increased positions | 0 |
| Reduced positions | 0 |
13F shares |
Current |
|---|---|
| Total value | 24.69M |
| Total shares | 266.07M |
| Total puts | 0 |
| Total calls | 0 |
| Total put/call ratio | – |
Largest owners |
Shares | Value |
|---|---|---|
| Nantahala Capital Management | 266.07M | $24.69M |
Content analysis
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H.S. junior Avg
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New words:
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Removed:
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Financial reports
10-K
2020 FY
Annual report
2 Apr 21
NT 10-K
Notice of late annual filing
31 Mar 21
10-Q
2020 Q3
Quarterly report
23 Nov 20
NT 10-Q
Notice of late quarterly filing
13 Nov 20
10-Q
2020 Q2
Quarterly report
19 Aug 20
NT 10-Q
Notice of late quarterly filing
14 Aug 20
10-Q/A
2020 Q1
Quarterly report (amended)
28 Jun 20
10-Q
2020 Q1
Quarterly report
25 Jun 20
10-K/A
2019 FY
Annual report (amended)
19 May 20
10-K
2019 FY
Annual report
15 May 20
Current reports
8-K
Departure of Directors or Certain Officers
26 Mar 21
8-K
Departure of Directors or Certain Officers
26 Feb 21
8-K
ImageWare® Appoints Chief Financial Officer
8 Jan 21
8-K
Entry into a Material Definitive Agreement
30 Dec 20
8-K
Departure of Directors or Certain Officers
29 Dec 20
8-K
Departure of Directors or Certain Officers
26 Nov 20
8-K
ImageWare® Poised for Growth with Closing of $11.56 Million Private Placement
18 Nov 20
8-K
Entry into a Material Definitive Agreement
30 Sep 20
8-K
Results of Operations and Financial Condition
21 Aug 20
8-K/A
Departure of Directors or Certain Officers
29 Jul 20
Registration and prospectus
424B3
Prospectus supplement
18 Feb 21
S-1/A
IPO registration (amended)
8 Feb 21
S-8
Registration of securities for employees
6 Jan 21
S-1
IPO registration
21 Dec 20
D
$15M in equity, sold $11.56M, 25 investors
30 Nov 20
424B3
Prospectus supplement
9 Jul 20
S-1/A
IPO registration (amended)
5 Jul 20
S-1
IPO registration
15 Jun 20
424B5
Prospectus supplement for primary offering
30 Apr 20
424B5
Prospectus supplement for primary offering
21 Feb 20
Proxies
DEF 14C
Information statement
31 Mar 21
PRE 14C
Preliminary information
15 Mar 21
DEF 14C
Information statement
13 Oct 20
PRE 14C
Preliminary information
30 Sep 20
DEFR14A
Revised proxy
30 Apr 20
DEF 14A
Definitive proxy
30 Apr 20
PRER14A
Preliminary revised proxy
28 Apr 20
PRE 14A
Preliminary proxy
17 Apr 20
DEF 14A
Definitive proxy
3 Jan 18
PRE 14A
Preliminary proxy
18 Dec 17
Other
EFFECT
Notice of effectiveness
16 Feb 21
CORRESP
Correspondence with SEC
11 Feb 21
CORRESP
Correspondence with SEC
7 Feb 21
UPLOAD
Letter from SEC
11 Jan 21
EFFECT
Notice of effectiveness
9 Jul 20
CORRESP
Correspondence with SEC
5 Jul 20
UPLOAD
Letter from SEC
22 Jun 20
UPLOAD
Letter from SEC
28 Apr 20
EFFECT
Notice of effectiveness
24 Oct 18
CORRESP
Correspondence with SEC
18 Oct 18
Ownership
SC 13D/A
IMAGEWARE SYSTEMS / Nantahala Capital Management ownership change
12 Apr 21
SC 13D/A
IMAGEWARE SYSTEMS / Nantahala Capital Management ownership change
8 Mar 21
3
IMAGEWARE SYSTEMS / Jay B Lewis ownership change
16 Feb 21
3
Initial statement of insider ownership
19 Nov 20
SC 13D/A
IMAGEWARE SYSTEMS / Nantahala Capital Management ownership change
19 Nov 20
4
IMAGEWARE SYSTEMS / Daniel Mack ownership change
16 Nov 20
3
IMAGEWARE SYSTEMS / James M Demitrieus ownership change
16 Nov 20
3
IMAGEWARE SYSTEMS / Benjamin C. Smeal ownership change
16 Nov 20
SC 13D/A
IMAGEWARE SYSTEMS / Nantahala Capital Management ownership change
15 Oct 20
3
IMAGEWARE SYSTEMS / Wilmot B. Harkey ownership change
15 Oct 20
Patents
GRANT
Utility
Zero-knowledge, anonymous verification and management using immutable databases such as blockchain
6 Apr 21
A verification system using additional factors such as biometrics can provide a tenant system with the ability to verify the identity of an end user.
APP
Utility
Out-of-band Biometric Enrollment and Verification Using Interactive Messaging
14 Oct 20
A system and method for enabling out of band biometric verification is disclosed.
GRANT
Utility
Conditional and situational biometric authentication and enrollment
14 Sep 20
The present invention provides a system and method for conditionally selecting biometric modalities for biometric authentication at authentication run time.
GRANT
Utility
Out-of-band biometric enrollment and verification using interactive messaging
8 Jun 20
A system and method for enabling out of band biometric verification is disclosed.
APP
Utility
Conditional and Situational Biometric Authentication and Enrollment
13 May 20
The present invention provides a system and method for conditionally selecting biometric modalities for biometric authentication at authentication run time.
Transcripts
Reddit threads
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9 Apr 21
Can someone explain me the Derivative Liabilities?
9 Apr 21
Anyone want to compare luggage? I’ll go first. My bags are as follows- 50k shares of $CBDL that’s down 85%, 5k shares of $OZSC that’s down 65%, and 25k shares of $CBDD that’s down 53%.
8 Apr 21
$SSFT Silicon Valley AI company, Annual Report Time. April 15th
8 Apr 21
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5 Apr 21
Best stocks for the fourth industrial revolution
22 Mar 21
$IWSY Earnings Week & Bullish Chart Patterns - Super Cheap Still
22 Mar 21
$SFET Safe-T & ImageWare Systems Introduce the First-Ever Biometric-Based Zero Trust Network Access Solution
16 Mar 21
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14 Mar 21
“...trust me to put you in at $1,000 and take you out at $100,000, three weeks later. Would your wife complain if you bought her another boyfriend?”
6 Mar 21