Imageware Systems, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 23, 2021 at 04:53 pm EDT
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ImageWare Systems, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was USD 942,000 compared to USD 733,000 a year ago. Operating loss was USD 2.738 million compared to USD 2.461 million a year ago. Net income was USD 11.266 million compared to net loss of USD 2.902 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to diluted loss per share from continuing operations of USD 0.03 a year ago. For the half year, total revenue was USD 1.674 million compared to USD 1.529 million a year ago. Operating loss was USD 5.383 million compared to USD 5.711 million a year ago. Net income was USD 9.380 million compared to net loss of USD 6.027 million a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to basic loss per share from continuing operations of USD 0.07 a year ago. Diluted earnings per share from continuing operations was USD 0.01 compared to diluted loss per share from continuing operations of USD 0.07 a year ago.
ImageWare Systems, Inc. provides biometrically enabled software-based identity management solutions. The Company develops software that provides indication of a person's identity. Its product include Imageware Biometric Engine is a patented biometric identity and authentication database built for multi-biometric enrollment, management and authentication. The Companyâs products are used to manage and issue secure credentials, including national identifications (IDs), passports, driver licenses and access control credentials. The Companyâs products also provide law enforcement with integrated mug shot, fingerprint LiveScan and investigative capabilities. The Company also provides comprehensive authentication security software using biometrics to secure physical and logical access to facilities or computer networks or Internet sites. Its products also include Imageware Proof, Imageware Capture, Imageware Identify, Imageware Credential, Imageware Digital ID and Imageware Authenticate.
IMAGEWARE SYSTEMS, INC. 
