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 • NortonLifeLock • BlackBerry • Activision Blizzard • Vmware • Adobe • Ceridian HCM Holding • McAfee • Electronic Arts ...
Former names
IMAGEWARE SOFTWARE INC
SEC CIK
Corporate docs
IRS number
330224167
Investment data
Securities sold
Number of investors
Calendar
19 Jul 22
12 Aug 22
31 Dec 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
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) | 832K | 832K | 832K | 832K | 832K | 832K |
Cash burn (monthly) | 123.33K | 352K | 899.33K | (no burn) | 480.33K | 490.67K |
Cash used (since last report) | 542.48K | 1.55M | 3.96M | n/a | 2.11M | 2.16M |
Cash remaining | 289.52K | -716.28K | -3.12M | n/a | -1.28M | -1.33M |
Runway (months of cash) | 2.3 | -2.0 | -3.5 | n/a | -2.7 | -2.7 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Jul 22 | Nantahala Capital Management | Series D Convertible Preferred Stock Common Stock | Other | Dispose J | Yes | No | 1000 | 150 | 150K | 13,278 |
3 Jun 22 | Nantahala Capital Management | Series D Convertible Preferred Stock Common Stock | Other | Dispose J | Yes | No | 1000 | 2,600 | 2.6M | 13,274 |
24 Mar 22 | Goldman Neal I | Common Stock | Sell | Dispose S | No | No | 0.0152 | 3,473,361 | 52.8K | 49,554,406 |
23 Dec 21 | Goldman Neal I | Common Stock | Sell | Dispose S | No | No | 0.0195 | 3,472,361 | 67.71K | 53,027,767 |
Institutional ownership, Q1 2022
0.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 1.7M |
Total shares | 100K |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Archer Investment | 100K | $1.7M |
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. junior Avg
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New words:
accuracy, accurate, accurately, advertising, aggravate, agnostic, alike, archive, area, attack, attend, attendance, Badge, bear, biographic, blockchain, built, bureau, capability, capable, cascading, central, chain, cited, combat, constantly, constitute, contemporaneously, coordinated, copy, coupon, criminal, customizable, database, deal, decentralized, deferral, deploy, deploying, detail, detailed, easily, embed, employ, exceeded, experienced, exploiting, fact, fall, faster, fastest, field, fusion, immaterial, Inadequate, increasingly, intent, intentionally, kit, Language, largest, lien, line, LOC, log, Manufacture, matching, maturity, methodology, misuse, multimodal, negotiating, network, networked, OIDC, OpenID, palm, path, persist, PIV, prepay, print, pro, Proof, prospective, prove, rata, regional, resumption, retrieve, SAML, SDK, seamlessly, segregation, server, signature, SMT, sponsored, stemming, supplier, supply, theft, thereon, thereto, threshold, tied, top, true, trust, unaware, underpinned, unfold, unparalleled, vaccine, vendor, verify
Removed:
accrue, administered, Administration, advisory, affiliated, amending, amounted, automatic, cancelled, certified, Comerica, composition, comprise, Concurrently, declared, degree, designating, detrimental, distributed, Division, exchanged, exercising, factoring, faith, final, firm, foregoing, forgiven, healthcare, intangible, July, mugshot, multiplied, nonlease, Oregon, outbreak, Paycheck, payroll, Portland, post, PPP, Program, qualifying, rank, reduction, restating, SBA, slightly, subordinate, unrecognized, unvested, updating, voluntary, voted, winding, World
Current reports
8-K
Entry into a Material Definitive Agreement
8 Aug 22
8-K
Entry into a Material Definitive Agreement
15 Jul 22
8-K
Entry into a Material Definitive Agreement
8 Jun 22
8-K
Imageware Secures $2.5 Million Bridge Financing as it Continues to Review Strategic Options
4 Jan 22
8-K
Changes in Registrant's Certifying Accountant
18 Oct 21
8-K
Other Events
5 Oct 21
8-K
Departure of Directors or Certain Officers
10 Sep 21
8-K
Changes in Registrant's Certifying Accountant
24 Jun 21
8-K
Entry into a Material Definitive Agreement
8 Jun 21
8-K
Results of Operations and Financial Condition
4 Jun 21
Registration and prospectus
424B3
Prospectus supplement
23 Jul 21
S-8
Registration of securities for employees
8 Jun 21
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
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
PRER14A
Preliminary revised proxy
28 Apr 20
DEF 14A
Definitive proxy
3 Jan 18
PRE 14A
Preliminary proxy
18 Dec 17
Other
EFFECT
Notice of effectiveness
26 Jul 21
CORRESP
Correspondence with SEC
21 Jul 21
CORRESP
Correspondence with SEC
12 Jul 21
UPLOAD
Letter from SEC
24 Jun 21
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
Ownership
SC 13D/A
IMAGEWARE SYSTEMS / Nantahala Capital Management ownership change
15 Jul 22
4
IMAGEWARE SYSTEMS / Wilmot B. Harkey ownership change
15 Jul 22
4/A
IMAGEWARE SYSTEMS / Wilmot B. Harkey ownership change
15 Jul 22
SC 13D/A
IMAGEWARE SYSTEMS / Nantahala Capital Management ownership change
8 Jun 22
4
IMAGEWARE SYSTEMS / Wilmot B. Harkey ownership change
8 Jun 22
4
IMAGEWARE SYSTEMS / NEAL I GOLDMAN ownership change
24 Mar 22
SC 13D/A
IMAGEWARE SYSTEMS / Nantahala Capital Management ownership change
6 Jan 22
4
IMAGEWARE SYSTEMS / NEAL I GOLDMAN ownership change
27 Dec 21
4
IMAGEWARE SYSTEMS / James M Demitrieus ownership change
19 Nov 21
4
IMAGEWARE SYSTEMS / Douglas J Morgan ownership change
19 Nov 21
Patents
Utility
Out-of-Band Biometric Enrollment and Verification Using Interactive Messaging
2 Dec 21
A system and method for enabling out-of-band biometric verification is disclosed.
Utility
System and Method for Zero-Knowledge, Anonymous Verification and Management
29 Jul 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.
Utility
System and Method for Zero-Knowledge, Anonymous Verification and Management
17 Jun 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.
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.
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.
Reddit threads
What pennystocks are you holding in your Roth IRA? I know some of you degenerates are doing it. I am.
11 Aug 22
$VMSI is the lowest 344 million float stock. Right now at .0013
25 Jul 22
My little penny stock adventure has not been a great time haha.
26 May 22
Which pennystocks are you invested in and what is target for them?
24 May 22
Offically up over $1 million in the past 12 months after today. Mainly thanks to ALYI & IQST, MARA. All penny stocks when I first bought and continue to hold 📈📈📈
28 Mar 22
$IWSY - Recent institutional buyers
1 Feb 22
Community Question:
27 Jan 22
Institutions are buying this OTC > $IWSY
13 Jan 22
$IWSY Imageware Biometrics + Gov Contract + Financing + Upcoming Surprise PART 1
7 Jan 22
Hot Penny Stocks to buy in for the next month?
28 Dec 21