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ImageWare Systems, Inc. (IWSY) Stock Price & Analysis

Educational signal · not a buy or sell recommendation · How to read this

$0.0001 $0.00 (0.00%)
P/E Ratio: 0.03| Vol: 11.7K| 52-wk range: $0.0001 – $0.01005

P/E 0.03 means the share price is 0.03 times one year of earnings per share.

Data from FMP · Methodology

For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR

Quick Answer

ImageWare Systems, Inc. (IWSY) trades at $0.0001. ImageWare Systems, Inc. specializes in biometric identity and authentication solutions, offering a suite of products for multi-biometric enrollment, identity proofing, and digital credentialing. Sector: Technology.

Price as of · Last analyzed: Mar 16, 2026
ImageWare Systems, Inc. specializes in biometric identity and authentication solutions, offering a suite of products for multi-biometric enrollment, identity proofing, and digital credentialing. The company serves various sectors, including law enforcement, government, and commercial enterprises, providing secure and scalable biometric solutions.

Analyst Coverage for IWSY: IWSY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.

▶ Watch the IWSY film Every key number, told as a short cinematic story — just press play. ~2 min

No score published: we hold no usable price for this ticker, and a grade beside a missing price says nothing.

ImageWare Systems, Inc. (IWSY) Technology Profile & Competitive Position

Employees26
HeadquartersSan Diego, United States

ImageWare Systems, Inc. delivers biometric identity and authentication solutions, including multi-biometric enrollment, identity proofing, and digital credentialing. Serving sectors like law enforcement, government, and commercial enterprises, the company offers Imageware Biometric Engine, Proof, Capture, Identify, Investigate, Credential, Digital ID, and Authenticate. Its Law Enforcement 2.0 solution enhances digital image and biometric data management.

Data Provenance | Financial Data Quantitative Analysis Analysis: Mar 16, 2026

What Is the Investment Thesis for IWSY?

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

ImageWare Systems, Inc. presents a focused investment opportunity within the biometric security sector. The company's comprehensive suite of biometric solutions, including identity proofing and digital credentialing, addresses a growing need for enhanced security across various industries. With a gross margin of 80.8%, ImageWare demonstrates strong potential for profitability. However, the company's market capitalization is $0.00B, and it trades on the OTC market, indicating higher risk. Key growth catalysts include expanding adoption of biometric solutions in law enforcement and government sectors. The company's ability to secure and scale contracts will be critical. Investors should carefully consider the risks associated with OTC-listed companies and the competitive landscape.

Based on FMP financials and quantitative analysis

IWSY Key Highlights

AI-written as of Mar 16, 2026 — figures and tone reflect the data available then, not today's score.

Gross Margin of 80.8% indicates strong potential for profitability in its biometric solutions.

  • Profit Margin of 267.3% suggests efficient cost management relative to revenue.
  • Offers Imageware Biometric Engine, a comprehensive biometric identity and authentication database.
  • Serves diverse industries including airports, seaports, education, financial, government, healthcare, and law enforcement.
  • Provides Law Enforcement 2.0 solution, enabling agencies to manage digital images, fingerprints, and criminal history records.

Who Are IWSY's Competitors?

IWSY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap MoonshotScore
MNDO MIND C.T.I. Ltd. $0.99 -1.92% $20.6M 78 5-pillar
IDN Intellicheck, Inc. $2.27 +0.22% $46.0M 75 5-pillar
NTWK NetSol Technologies, Inc. $6.22 +4.54% $74.4M 84 5-pillar
TRAK ReposiTrak, Inc. $8.09 +0.37% $147M 75 5-pillar
PERF Perfect Corp. $1.93 +1.05% $197M 85 5-pillar
IMMR Immersion Corporation $7.32 -1.01% $245M 82 5-pillar
RMNI Rimini Street, Inc. $4.18 -1.33% $399M 73 5-pillar
MTLS Materialise NV $8.56 +0.71% $502M 73 5-pillar

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are IWSY's Key Strengths?

Comprehensive suite of biometric solutions.

  • Established presence in law enforcement and government sectors.
  • High gross margin indicates strong potential for profitability.
  • Proprietary technology and patented algorithms.

What Are IWSY's Weaknesses?

Small market capitalization and OTC listing indicate higher risk.

  • Limited financial resources compared to larger competitors.
  • Dependence on government contracts can create revenue volatility.
  • Relatively small number of employees.

What Are the Key Risks for IWSY?

Negative return on equity (-75.5%) — the business is not currently generating profit on shareholder capital.

  • Intense competition from larger and more established companies.
  • Rapid technological advancements may render existing solutions obsolete.
  • Changes in government regulations and policies.
  • Economic downturns may reduce demand for biometric solutions.
  • Risks associated with OTC market trading.

What Are IWSY's Competitive Advantages?

  • Proprietary Technology: Patented biometric algorithms and software solutions.
  • Established Customer Base: Long-standing relationships with government and law enforcement agencies.
  • Comprehensive Solution Suite: Integrated suite of biometric identity and authentication products.

What Does IWSY Do?

ImageWare Systems, Inc., founded in 1987 and headquartered in San Diego, California, operates as a biometric solution provider, offering a suite of products designed for identity management and authentication. The company's core offering, the Imageware Biometric Engine, is a multi-biometric identity and authentication database. Its product line includes Imageware Proof, which verifies user identity using biometrics, government-issued IDs, and credit bureau data; Imageware Capture, which captures biographic and biometric details like face, fingerprint, and iris scans; and Imageware Identify, which enables biometric-based identification. Further solutions include Imageware Investigate, used for creating digital lineups, and Imageware Credential, which designs and prints badges for access control systems. The company also provides Imageware Digital ID, a decentralized identity service using blockchain technology tied to biometrics, and Imageware Authenticate, which enables multimodal biometric logins. ImageWare serves a diverse range of industries, including airports, seaports, education, financial institutions, government agencies, healthcare providers, and law enforcement. Its Law Enforcement 2.0 solution is tailored for state, local, and federal agencies, providing tools to capture, archive, search, retrieve, and share digital images, fingerprints, and criminal history records.

What Products and Services Does IWSY Offer?

  • Provides a biometric identity and authentication database called Imageware Biometric Engine.
  • Offers Imageware Proof for verifying user identity through biometrics and ID data.
  • Provides Imageware Capture for collecting biometric details like face, fingerprint, and iris scans.
  • Offers Imageware Identify for biometric-based identification of individuals.
  • Provides Imageware Investigate for creating digital lineups.
  • Offers Imageware Credential for designing and printing access control badges.
  • Provides Imageware Digital ID, a decentralized identity service using blockchain.
  • Offers Imageware Authenticate for multimodal biometric logins.

How Does IWSY Make Money?

  • Software Licensing: Licensing its biometric software solutions to various industries.
  • Solution Sales: Selling integrated biometric solutions to government agencies and commercial enterprises.
  • Service Contracts: Providing ongoing maintenance, support, and updates for its software and solutions.

What Industry Does IWSY Operate In?

ImageWare Systems, Inc. operates in the growing biometric security market. The increasing demand for secure identity verification and access control solutions drives market expansion. The industry is characterized by technological advancements in biometric modalities and a rising need for robust security measures across various sectors, including government, healthcare, and finance. Competitors include companies offering similar biometric solutions and identity management platforms. ImageWare's focus on multi-biometric solutions and its Law Enforcement 2.0 offering positions it within this competitive landscape.

Who Are IWSY's Key Customers?

  • Law Enforcement Agencies: Providing biometric solutions for criminal identification and investigation.
  • Government Agencies: Offering identity management and access control solutions.
  • Commercial Enterprises: Providing biometric authentication for secure access and fraud prevention.
Model self-rating on this text: 71% (not a measure of the evidence) Updated: Mar 16, 2026

Research confidence

Low

Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.

  • ● Scoring coverage unknown
  • ● No usable price
  • ● No filing on record
  • ● No analyst coverage

Company Profile

ImageWare Systems, Inc. operates in the Software - Application industry within the Technology sector. It is headquartered in San Diego, US. The company is led by CEO Kristin A. Taylor. IWSY has traded publicly since 2000.

FY2026 est

Forward Outlook

Wall Street analysts project ImageWare Systems, Inc. revenue of about $4.1M for fiscal 2026, with EPS near $-0.12.

F-Score 5/9

Financial Health

ImageWare Systems, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile.

ROE -76%

Key Financial Metrics

Return on equity for ImageWare Systems, Inc. stands at -75.5%, a gauge of how efficiently it converts shareholder capital into profit. IWSY trades at a trailing price-to-earnings ratio of 0.03, below the Technology sector average of ~34.40x. A current ratio of 0.18 means current liabilities exceed short-term assets, a liquidity point worth watching.

Net selling

Insider Activity

12 transactions · 0 purchases, 2 sales, 10 other transactions · 6 identified insiders · most recent available transactions. Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

IWSY Financials

Fundamental Snapshot

P/E (TTM)
0.03
Return on Equity (TTM)
-75.5%
Current Ratio
0.2

Based on FMP financials and quantitative analysis

IWSY Latest News

IWSY Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for IWSY.

Price Targets

Wall Street price target analysis for IWSY.

IWSY MoonshotScore

MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for IWSY; grades run from A+ (80-100) to F (below 30).

IWSY OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that ImageWare Systems, Inc. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it difficult for investors to assess their financial health and operational performance. Investing in companies on the OTC Other tier carries significant risks due to the lack of regulatory oversight and transparency compared to exchanges like NYSE or NASDAQ.

  • OTC Tier: OTC Other
Liquidity: As an OTC-listed stock, IWSY likely experiences lower trading volumes and wider bid-ask spreads compared to stocks listed on major exchanges. This can make it more difficult for investors to buy or sell shares quickly and at desired prices. The limited liquidity may also increase price volatility, making it challenging to execute large trades without significantly impacting the stock price.
OTC Risk Factors:
  • Limited Financial Disclosure: Lack of comprehensive financial reporting increases investment risk.
  • Low Liquidity: Reduced trading volume and wider bid-ask spreads can impact trading execution.
  • Price Volatility: Higher price swings due to lower trading volumes.
  • Regulatory Scrutiny: Potential for increased regulatory oversight due to OTC listing.
Due Diligence Checklist:
  • Verify the company's financial statements and SEC filings.
  • Assess the company's management team and their track record.
  • Evaluate the company's business model and competitive landscape.
  • Review the company's legal and regulatory compliance.
  • Analyze the company's cash flow and debt levels.
  • Check for any history of fraud or misconduct.
  • Understand the risks associated with OTC-listed stocks.
Legitimacy Signals:
  • Long operating history since 1987.
  • Focus on biometric solutions for various industries.
  • Proprietary technology and patented algorithms.
  • Serving government and law enforcement agencies.

Common Questions About IWSY (Technology)

What are the main risks for IWSY?

ImageWare Systems, Inc. faces several risks, including intense competition from larger and more established companies in the biometric security market. Changes in government regulations and policies could impact demand for its solutions.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated

MoonshotScore is not published for this security.

Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available company descriptions and financial data.
Data Sources
Financial Modeling Prep (FMP)Stock Expert AI proprietary analysis