Imageware Systems Inc (IWSY) financial statements (2022 and earlier)

Company profile

Business Address 11440 W. BERNARDO COURT
SAN DIEGO, CA 92127
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 8,3451,0305,6947,3171,5863,352
Cash and cash equivalents 8,3451,0305,6947,3171,5863,352
Receivables 577657968458287349
Inventory, net of allowances, customer advances and progress billings 4061529792346
Inventory 4061529792346
Other current assets 19624323316313569
Total current assets: 9,1582,5456,9248,0172,0313,816
Noncurrent Assets
Operating lease, right-of-use asset 1,5571,906
Property, plant and equipment 1552162444393162
Intangible assets, net (including goodwill) 3,4743,4863,4983,5093,5213,533
Goodwill 3,4163,4163,4163,4163,4163,416
Intangible assets, net (excluding goodwill) 58708293105117
Other noncurrent assets 458257332353498
Other undisclosed noncurrent assets     1 
Total noncurrent assets: 5,6445,8654,0743,5873,6493,793
TOTAL ASSETS: 14,8028,41010,99811,6045,6807,609
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 2,1471,8271,5661,6421,4721,347
Accounts payable 1,007515678457425198
Accrued liabilities 1,1301,3128886581,0471,149
Interest and dividends payable 10  527  
Deferred revenue 9031,629
Debt 918373    
Derivative instruments and hedges, liabilities 24,1283691,065   
Due to related parties    5,774  
Deferred revenue and credits1,0161,0451,059
Other undisclosed current liabilities 411 1,215 2,528 
Total current liabilities: 28,5074,1983,8468,4325,0452,406
Noncurrent Liabilities
Long-term debt and lease obligation 1,9501,716    
Long-term debt, excluding current maturities 653     
Operating lease, liability 1,2971,716
Liabilities, other than long-term debt 2,5962,3742,0232,0241,8951,511
Liability, pension and other postretirement and postemployment benefits 2,5312,2561,8762,0241,8951,511
Other liabilities 65118147   
Total noncurrent liabilities: 4,5464,0902,0232,0241,8951,511
Total liabilities: 33,0538,2885,86910,4566,9403,917
Stockholders' equity
Stockholders' equity attributable to parent, including: (19,823)(8,762)(3,027)1,148(1,260)3,692
Common stock 1,8011,133981941917940
Treasury stock, value (64)(64)(64)(64)(64)(64)
Additional paid in capital 193,652195,079184,130172,414156,195149,902
Accumulated other comprehensive loss (1,989)(1,741)(1,428)(1,664)(1,543)(1,195)
Accumulated deficit (213,225)(203,171)(186,648)(170,481)(156,767)(145,893)
Other undisclosed stockholders' equity attributable to parent 222222
Other undisclosed stockholders' equity 1,5728,8848,156   
Total stockholders' equity: (18,251)1225,1291,148(1,260)3,692
TOTAL LIABILITIES AND EQUITY: 14,8028,41010,99811,6045,6807,609

Income statement (P&L) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 4,7853,5064,4044,2933,8124,769
Revenue, net4,2933,8124,769
Cost of revenue
(Cost of Goods and Services Sold)
 (14)(7)(8)(991)(1,070)(1,944)
Other undisclosed gross profit (1,234)(636)(868)   
Gross profit: 3,5372,8633,5283,3022,7422,825
Operating expenses (12,816)(15,110)(15,258)(13,029)(12,204)(11,035)
Operating loss: (9,279)(12,247)(11,730)(9,727)(9,462)(8,210)
Nonoperating income (expense) (264)(109)(95)71(202)68
Foreign currency transaction gain (loss), before tax (151)(1)27(106)(1)67
Debt instrument, convertible, beneficial conversion feature   30302 146
Net periodic defined benefits expense (reversal of expense), excluding service cost component (115)(109)(118)
Other nonoperating income (expense) 21(34)(125)(201)(145)
Loss from continuing operations before equity method investments, income taxes: (9,543)(12,356)(11,825)(9,656)(9,664)(8,142)
Other undisclosed income (loss) from continuing operations before income taxes 2,297785(714)(537)158(370)
Loss from continuing operations before income taxes: (7,246)(11,571)(12,539)(10,193)(9,506)(8,512)
Income tax expense (benefit) (7)(10)(11)124(21)(22)
Net loss attributable to parent: (7,253)(11,581)(12,550)(10,069)(9,527)(8,534)
Preferred stock dividends and other adjustments (3,695)(5,670)(3,913)(2,400)(1,347)(1,065)
Other undisclosed net loss available to common stockholders, basic    (1,245)  
Net loss available to common stockholders, basic: (10,948)(17,251)(16,463)(13,714)(10,874)(9,599)
Convertible preferred dividends    2,349  
Net loss available to common stockholders, diluted: (10,948)(17,251)(16,463)(11,365)(10,874)(9,599)

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net loss: (7,253)(11,581)(12,550)(10,069)(9,527)(8,534)
Comprehensive loss: (7,253)(11,581)(12,550)(10,069)(9,527)(8,534)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent (248)(313)236(121)(348)399
Comprehensive loss, net of tax, attributable to parent: (7,501)(11,894)(12,314)(10,190)(9,875)(8,135)

Statements sources

The financial statements are based on the company's filings with the 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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: