Imageware Systems Inc (IWSY) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
11440 W. BERNARDO COURT SAN DIEGO, CA 92127 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 7372 - Prepackaged Software (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,202 | 1,672 | 2,660 | 5,056 | 8,345 | 2,906 | |||
| Cash and cash equivalent | 1,202 | 1,672 | 2,660 | 5,056 | 8,345 | 2,906 | |||
| Receivables | 383 | 443 | 444 | 493 | 577 | 473 | |||
| Inventory, net of allowances, customer advances and progress billings | 25 | 85 | 61 | 88 | 40 | 22 | |||
| Inventory | 25 | 85 | 61 | 88 | 40 | 22 | |||
| Other current assets | 215 | 398 | 494 | 625 | 196 | 178 | |||
| Total current assets: | 1,825 | 2,598 | 3,659 | 6,262 | 9,158 | 3,579 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 847 | 1,278 | 1,372 | 1,462 | 1,557 | 1,649 | |||
| Property, plant and equipment | 79 | 87 | 101 | 112 | 155 | 169 | |||
| Intangible assets, net (including goodwill) | 2,806 | 3,465 | 3,468 | 3,471 | 3,474 | 3,477 | |||
| Goodwill | 3,416 | 3,416 | 3,416 | 3,416 | 3,416 | 3,416 | |||
| Intangible assets, net (excluding goodwill) | (610) | 49 | 52 | 55 | 58 | 61 | |||
| Other noncurrent assets | 149 | 162 | 165 | 525 | 458 | 512 | |||
| Other undisclosed noncurrent assets | 610 | ||||||||
| Total noncurrent assets: | 4,491 | 4,992 | 5,106 | 5,570 | 5,644 | 5,807 | |||
| TOTAL ASSETS: | 6,316 | 7,590 | 8,765 | 11,832 | 14,802 | 9,386 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,681 | 1,693 | 1,761 | 1,980 | 2,147 | 2,726 | |||
| Interest and dividends payable | ✕ | 51 | 10 | ||||||
| Taxes payable | ✕ | 81 | |||||||
| Employee-related liabilities | ✕ | 194 | |||||||
| Accounts payable | 837 | 691 | 731 | 974 | 1,007 | 1,380 | |||
| Accrued liabilities | 1,518 | 1,002 | 1,030 | 1,006 | 1,130 | 1,346 | |||
| Deferred revenue | 1,204 | 1,205 | 369 | 777 | 903 | 1,256 | |||
| Debt | 524 | 1,305 | 1,107 | 918 | 2,905 | ||||
| Derivative instruments and hedges, liabilities | 5,292 | 7,486 | 8,925 | 22,850 | 24,128 | ||||
| Due to related parties | 900 | ||||||||
| Other undisclosed current liabilities | 170 | 494 | 453 | 435 | 411 | 412 | |||
| Total current liabilities: | 9,871 | 10,878 | 12,813 | 27,149 | 28,507 | 8,199 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 802 | 915 | 1,326 | 1,642 | 1,950 | 2,259 | |||
| Long-term debt, excluding current maturities | 266 | 464 | 653 | 853 | |||||
| Liabilities, other than long-term debt | 1,976 | 2,572 | 2,563 | 2,583 | 2,596 | 2,449 | |||
| Liability, pension and other postretirement and postemployment benefits | 1,976 | 2,572 | 2,563 | 2,518 | 2,531 | 2,380 | |||
| Other liabilities | 65 | 65 | 69 | ||||||
| Operating lease, liability | 802 | 915 | 1,060 | 1,178 | 1,297 | 1,406 | |||
| Total noncurrent liabilities: | 2,778 | 3,487 | 3,889 | 4,225 | 4,546 | 4,708 | |||
| Total liabilities: | 12,649 | 14,365 | 16,702 | 31,374 | 33,053 | 12,907 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (15,092) | (13,748) | (13,140) | (22,933) | (19,823) | (12,922) | |||
| Common stock | 3,471 | 3,471 | 3,193 | 2,766 | 1,801 | 1,382 | |||
| Treasury stock, value | (64) | (64) | (64) | (64) | (64) | (64) | |||
| Additional paid in capital | 187,148 | 188,404 | 189,799 | 191,585 | 193,652 | 199,870 | |||
| Accumulated other comprehensive loss | (1,396) | (1,925) | (1,950) | (1,935) | (1,989) | (1,815) | |||
| Accumulated deficit | (204,253) | (203,636) | (204,120) | (215,287) | (213,225) | (212,297) | |||
| Other undisclosed equity, attributable to parent | 2 | 2 | 2 | 2 | 2 | 2 | |||
| Other undisclosed equity | 8,759 | 6,973 | 5,203 | 3,391 | 1,572 | 9,401 | |||
| Total equity: | (6,333) | (6,775) | (7,937) | (19,542) | (18,251) | (3,521) | |||
| TOTAL LIABILITIES AND EQUITY: | 6,316 | 7,590 | 8,765 | 11,832 | 14,802 | 9,386 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,020 | 778 | 942 | 733 | 786 | 2,471 | ||
| Gain on disposition of assets for financial service operations | 14,043 | |||||||
| Cost of revenue | (9) | 1,085 | (838) | |||||
| Other undisclosed gross profit | (258) | (156) | (135) | (110) | (1,224) | |||
| Gross profit: | 762 | 622 | 807 | 614 | 647 | 1,633 | ||
| Operating expenses | (3,697) | (3,059) | (3,545) | (3,257) | (3,145) | (2,703) | ||
| Operating loss: | (2,935) | (2,437) | (2,738) | (2,643) | (2,498) | (1,070) | ||
| Nonoperating income (expense) | 69 | 5 | (25) | (25) | (158) | (31) | ||
| Other nonoperating income (expense) | 69 | 5 | (25) | (25) | (31) | |||
| Interest and debt expense | 311 | 1,616 | 10 | (335) | ||||
| Loss from continuing operations before equity method investments, income taxes: | (2,555) | (816) | (2,753) | (3,003) | (2,656) | (1,101) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 1,976 | 1,306 | 14,019 | 1,118 | 2,063 | 476 | ||
| Income (loss) from continuing operations before income taxes: | (579) | 490 | 11,266 | (1,885) | (593) | (625) | ||
| Income tax expense | (8) | (1) | ||||||
| Other undisclosed loss from continuing operations | (10) | |||||||
| Income (loss) from continuing operations: | (589) | 490 | 11,266 | (1,885) | (601) | (626) | ||
| Income (loss) before gain (loss) on sale of properties: | (589) | 490 | 11,266 | (1,885) | (601) | (626) | ||
| Net income (loss) attributable to parent: | (589) | 490 | 11,266 | (1,885) | (601) | (626) | ||
| Preferred stock dividends and other adjustments | (1,856) | (1,935) | (2,069) | (2,255) | 1,580 | (2,529) | ||
| Net income (loss) available to common stockholders, diluted: | (2,445) | (1,445) | 9,197 | (4,140) | 979 | (3,155) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (589) | 490 | 11,266 | (1,885) | (601) | (626) | ||
| Other comprehensive income | 25 | |||||||
| Other undisclosed comprehensive income | 75 | |||||||
| Comprehensive income (loss): | (514) | 515 | 11,266 | (1,885) | (601) | (626) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 454 | (15) | 54 | (174) | (41) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (60) | 515 | 11,251 | (1,831) | (775) | (667) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.