AWRE

Shares of Aware, Inc. AWRE have lost 9.5% since the company reported its earnings for the quarter ended March 31, 2026, underperforming the S&P 500 Index, which gained 1.9% over the same period. Shares plunged 12.3% over the past month against the S&P 500’s 10.5% gain. Aware reported first-quarter 2026 revenue of $3.4 million, down 6.2% from $3.6 million in the year-ago quarter. The dip was primarily due to lower perpetual software license revenue, partially offset by higher subscription, maintenance, and services revenue. Net loss widened significantly to $3.5 million, or $0.16 per diluted share, from a loss of $1.6 million, or $0.08 per share, in the prior-year period, highlighting increased cost pressures. Segment-wise, software license revenue fell 21.7% to $1 million from $1.3 million, while software maintenance remained relatively stable at roughly $2.1 million. Services and other revenue increased 54.3% to $0.3 million from $0.2 million, indicating some resilience in recurring and service-related streams. Recurring revenue rose 7.5% to $2.9 million from $2.7 million in the prior-year quarter, reflecting growth in subscription-based offerings as the company transitions its business model. Software subscriptions, in particular, increased 25.9% to $669,000 from $531,000, underscoring progress in building a more predictable revenue base. However, non-recurring revenue declined 45.8% to $0.5 million from $0.9 million, primarily due to weaker license sales. On the profitability front, operating expenses climbed 28.9% to $7 million from $5.5 million, driven by higher compensation costs and approximately $0.7 million in one-time severance charges tied to restructuring efforts. Adjusted EBITDA loss widened to $3.2 million from $1.5 million a year ago, reflecting the combined impact of declining high-margin license revenue and elevated expenses. Research and development expenses increased 67.7%, reflecting continued investment in technology, while selling and marketing expenses also rose 9.7%. Aware reported an operating loss of $3.7 million compared with $1.9 million in the prior year. AWRE ended the quarter with approximately $19.6 million in cash, cash equivalents and marketable securities and no debt, providing financial flexibility despite ongoing losses. Aware, Inc. price-consensus-eps-surprise-chart | Aware, Inc. Quote Management acknowledged that quarte...

Management attributed the Q1 revenue shortfall to underestimating the speed of market shifts and the technical evolution required to combat AI-powered deepfakes. The company is transitioning from a fragmented portfolio of SDKs and components to a unified 'Awareness' biometric orchestration platform. Strategic focus is shifting toward federal government modernization and enterprise-grade cloud-based multi-tenant architectures. Aware is intentionally downshifting investment in legacy product areas, specifically portions of its law enforcement-focused offerings, to prioritize the new platform. The pivot is supported by internal research indicating 98% of biometric users are interested in orchestration and 90% are concerned about AI attacks. Management believes their durable competitive advantage lies in liveness detection, which is critical for identity assurance in an AI-threat environment. The company expects near-term quarterly variability to continue as it moves through this strategic transition. A broader platform rollout is planned for later this year, focusing on providing single-integration access to top-performing biometric systems. Management anticipates 'Step 3' of their transformation—scaling and bringing expanded capabilities to market—will accelerate into the fall. The company has reduced operating expenses by $4 million on an annualized basis starting in the second quarter of 2026 to align with its new strategy. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Aware implemented a $4 million annualized expense reduction and simplified its go-to-market model during the quarter. Q1 results included $700,000 in one-time severance costs related to the organizational restructuring. The company highlighted its performance in DHS remote identity validation trials as a critical prerequisite for winning future large-scale government contracts. Management explicitly acknowledged they 'did not move fast enough' to address the expanded threat surface created by rapid AI advancements. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.

BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — Aware Inc. (AWRE) on Wednesday reported a loss of $3.5 million in its first quarter. The Burlington, Massachusetts-based company said it had a loss of 16 cents per share. The biometrics software provider posted revenue of $3.4 million in the period. In the final minutes of trading on Wednesday, the company's shares hit $1.46. A year ago, they were trading at $1.64. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AWRE at https://www.zacks.com/ap/AWRE

BURLINGTON, Mass., April 29, 2026 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global leader in biometric identity and authentication solutions, today reported financial results for the first quarter ended March 31, 2026. First Quarter 2026 and Financial Recent Operational Highlights Delivered strong performance in the DHS Remote Identity Validation Rally, Track 3, where Aware’s Intelligent Liveness demonstrated the ability to stop sophisticated attack vectors while maintaining a high-quality user experience. Revenue was $3.4 million, compared to $3.6 million in the first quarter of 2025. Operating expenses were $7.0 million, including approximately $0.7 million of one-time severance costs related to a workforce reduction aligned with our strategic transition from a product-focused model to a platform-driven company, compared to $5.5 million in the first quarter of 2025. Management Commentary “This quarter marked an important step in our transformation as we continued aligning the business around a unified biometric orchestration platform,” said CEO Ajay Amlani. “As part of this transition, we are taking deliberate actions to streamline our cost structure and operating model, ensuring we are focused on our highest-impact opportunities. “We are moving toward a platform-first approach with the Awareness Platform at the center—designed to meet growing demand for biometric orchestration across both government and enterprise markets. With 98% of organizations we surveyed in a new report expressing interest in these capabilities, we are confident we are building toward a clear and expanding market need. “We believe this shift positions Aware to operate more efficiently, execute with greater focus, and deliver more consistent, long-term value as we advance the platform and scale adoption over time.” First Quarter 2026 Financial Results Revenue was $3.4 million, compared to $3.6 million in the first quarter of 2025. The decline in revenue was primarily due to a decrease in perpetual license revenue compared to the prior-year first quarter and partially offset by an increase in subscription license revenue. Operating expenses were $7.0 million, compared to $5.5 million in the first quarter of 2025. The year-over-year decrease was primarily driven by one-time severance costs related to our restructuring of $0.7 million and higher compensation costs related to hir...

This article first appeared on GuruFocus. Revenue: $3.4 million for Q1 FY26, down from $3.6 million in the prior year period. Operating Expenses: Increased to $7 million from $5.5 million in the prior year quarter, including $700,000 in onetime severance costs. Net Loss: $3.5 million or $0.16 per diluted share, compared to $1.6 million or $0.08 per diluted share in the prior year period. Adjusted EBITDA Loss: $3.2 million, compared to $1.5 million in the prior year period. Cash and Equivalents: Approximately $19.6 million, with no debt. Expense Reduction: $4 million reduction in operating expenses on an annualized basis starting Q2 FY26. Warning! GuruFocus has detected 3 Warning Signs with AWRE. Is AWRE fairly valued? Test your thesis with our free DCF calculator. Release Date: April 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Aware Inc (NASDAQ:AWRE) is aligning its business with a platform-first strategy, focusing on a unified biometric orchestration platform. The company has reduced operating expenses by approximately $4 million annually to support a more efficient organization. Aware Inc (NASDAQ:AWRE) has a strong intellectual property portfolio, particularly in liveness detection, which is a critical capability in the biometric space. The company is prioritizing investment in the Awareness Platform, which is designed to support scalable enterprise-grade deployments. Aware Inc (NASDAQ:AWRE) has a strong balance sheet with approximately $19.6 million in cash, cash equivalents, and marketable securities, and no debt. Revenue for the first quarter was $3.4 million, which was below expectations and a decrease from the prior year period. Operating expenses increased to $7 million, partly due to onetime severance costs and higher compensation costs. Net loss for the quarter was $3.5 million, a significant increase from the $1.6 million loss in the prior year period. The company underestimated the pace of market shifts and the demands of AI advancements on biometric systems. Aware Inc (NASDAQ:AWRE) expects near-term variability to continue as it transitions its business model. Q: Can you provide an overview of Aware Inc's financial performance for the first quarter of 2026? A: Ajay Amlani, CEO, reported that revenue for the first quarter was $3.4 million, which was below expectations. The company...

BURLINGTON, Mass., April 15, 2026 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), global leader in biometric identity and authentication solutions, will hold a webcast on Wednesday, April 29, 2026, at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2026. Financial results will be issued in a press release before the call. Aware management will host the webcast presentation, followed by a question-and-answer session. Date: Wednesday, April 29, 2026 Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time) Webcast: Register Here Interested parties may submit questions in advance of the webcast by emailing [email protected] The presentation will be made available for replay in the investor relations section of the Company’s website. The audio recording will be available for approximately 90 days following the live event. About Aware Aware, Inc. (NASDAQ: AWRE) is a proven global leader in biometric identity and authentication solutions. Its Awareness Platform transforms biometric data into actionable intelligence, empowering organizations to verify identities and prevent fraud with speed, accuracy, and confidence. Designed for mission-critical enterprise environments, the platform delivers intelligent, scalable architecture, real-time insights, and reliable security—ensuring precise identification when every millisecond matters. Aware is headquartered in Burlington, Massachusetts. To learn more, visit our website or follow us on LinkedIn and X. Aware is a registered trademark of Aware, Inc. CONTACT Investor Contact David Traverse 781-687-0300 [email protected]

Shares of Aware, Inc. AWRE have lost 1.8% since the company reported its earnings for the quarter ended Dec. 31, 2025. This compares to the S&P 500 Index’s 1.1% decline over the same time frame. Over the past month, the stock lost 8% compared with the S&P 500’s 3.1% decline. Aware reported fourth-quarter 2025 revenues of $4.7 million, down 2.8% compared with $4.8 million in the year-ago quarter. The decline was primarily due to lower perpetual software license revenue, partially offset by higher maintenance and services revenue. Net loss widened to $1.5 million, or $0.07 per diluted share, from $1.2 million, or $0.06 per diluted share, in the fourth quarter of 2024. Operating expenses decreased 2.5% to $6.1 million from $6.3 million in the prior-year period. For the full year, revenues totaled $17.3 million, 0.6% lower than $17.4 million in 2024. The decline again reflected lower perpetual license revenue, partly offset by increases in maintenance and services. Net loss for the year expanded to $5.9 million, or $0.28 per share, from $4.4 million, or $0.21 per share, a year earlier. Aware’s revenue continues to be driven by a mix of software licenses, maintenance and services. In the fourth quarter, software license revenue declined 18.3% to $2.1 million from $2.5 million in the year-earlier quarter, reflecting fewer perpetual license sales. Meanwhile, software maintenance revenue rose 7.4% to $2.3 million from $2.1 million, while services and other revenue increased 96.6% to $0.3 million from $0.2 million. Recurring revenue remained a significant contributor to the business. For the fourth quarter, recurring revenue rose to $3.5 million, up 4.7% from $3.3 million a year earlier, supported by maintenance contracts, subscription arrangements and services. Non-recurring revenue declined 19.3% to $1.2 million from $1.5 million in the prior-year quarter due to the drop in license sales. For the full year, recurring revenue totaled $12.6 million, up 5.6% from $11.9 million in 2024. Non-recurring revenue fell 14% to $4.7 million from $5.4 million in the prior year. This shift reflects AWRE’s gradual transition toward more recurring revenue streams such as subscriptions and maintenance contracts. On the expense side, research and development (R&D) costs increased as the company invested more heavily in engineering capabilities and product innovation. R&D spending ro...

BURLINGTON, Mass., March 04, 2026 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a global leader in biometric identity and authentication solutions, today reported financial results for the fourth quarter and fiscal year ended December 31, 2025. Fourth Quarter 2025 and Recent Operational Highlights Expanded federal and commercial engagement with the deployment of Aware’s first mobile biometric solution within a U.S. federal agency and continued growth across international government programs. Expanded partner relationships through integrations with digital workflow providers and a partnership with a biometric hardware vendor. These efforts are intended to support Aware’s broader go-to-market strategy over time. Strengthened Aware’s industry leadership and core biometric technology through multiple independent validations, including ISO/IEC liveness and bias testing, FIDO2 server and ISO 27001 security certifications, and top-tier performance in the DHS 2025 Remote Identity Validation Rally, demonstrating Aware’s fraud-resilient, low-friction, and real fair identity verification technology with real-world readiness. Enhanced the leadership team with the appointment of a new Head of Engineering and Head of Product, accelerating product innovation, especially around Intelligent Liveness and Awareness Platform readiness. Management Commentary “2025 was a foundational year for Aware as we strengthened our technology leadership, expanded key certifications, and repositioned the Company as a biometric identity solutions provider,” said CEO Ajay Amlani. “We advanced our next-generation liveness capabilities, made progress toward strengthening our biometric orchestration platform, deployed new federal and aviation solutions, and deepened strategic partnerships that expand our reach. While procurement timing continued to create revenue variability, we ended the year with improving customer engagement across government and enterprise markets and strengthened our competitive positioning through important third-party validations and security certifications. “As we enter 2026, our focus is disciplined execution and conversion,” Amlani continued. “We will continue advancing the Awareness Platform, supporting customer evaluations, and scaling our solutions footprint across federal, aviation, and enterprise markets. We believe the progress achieved in 2025 strengthen our ab...

BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — Aware Inc. (AWRE) on Wednesday reported a loss of $1.5 million in its fourth quarter. The Burlington, Massachusetts-based company said it had a loss of 7 cents per share. The biometrics software provider posted revenue of $4.7 million in the period. For the year, the company reported that its loss widened to $5.9 million, or 28 cents per share. Revenue was reported as $17.3 million. In the final minutes of trading on Wednesday, the company's shares hit $1.69. A year ago, they were trading at $1.49. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AWRE at https://www.zacks.com/ap/AWRE

Management characterized 2025 as a foundational year focused on a three-pronged transformation: advancing core liveness technology, shifting to a science-forward go-to-market model, and deepening strategic certifications. Revenue variability was primarily attributed to federal market dynamics, including delayed appropriations and slower procurement cycles following a significant government shutdown. The company invested heavily in 'Intelligent Liveness' to combat evolving threats like deepfakes and injection attacks, achieving top-tier results in NIST and DHS evaluations for accuracy and bias mitigation. Operational improvements were driven by the appointment of new Heads of Engineering and Product to align development more closely with customer requirements. Strategic positioning shifted toward an open-architecture biometric orchestration platform (Awareness Platform) to eliminate vendor lock-in for civil and criminal identity management. The company successfully deployed its first mobile biometric solution within a U.S. federal agency and expanded its international footprint through a pilot program in the Caribbean. Management emphasized that recent ISO and FIDO2 certifications are critical 'entry stakes' that now allow Aware to compete for Tier 1 enterprise and government contracts previously inaccessible. The 2026 strategy focuses on 'disciplined execution,' specifically converting existing pilot programs and evaluations into production-scale deployments. Management expects continued quarterly revenue unevenness due to the lengthy nature of government funding cycles and technical validation phases. The sales pipeline is currently composed of approximately 75% new logos, with the remaining 25% representing expansion within existing accounts. Growth is expected to be driven by a 'land-and-expand' strategy, starting with small onboarding projects to build trust before scaling within large agencies. Future performance will be measured by the consistency of bookings and the successful transition of multiple large identity providers from testing phases to recurring revenue contracts. Operating expenses in Q4 2025 improved year-over-year due to the absence of $600,000 in one-time severance and stock compensation costs related to the former CEO's transition. The company maintains a debt-free balance sheet with $22.3 million in cash and equivalents to support ong...

This article first appeared on GuruFocus. Release Date: March 04, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Aware Inc (NASDAQ:AWRE) made significant strategic progress in 2025, strengthening its technology platform, leadership team, and market positioning. The company achieved best-in-class gender and race parity in biometric evaluations, ensuring fair and consistent performance. Aware Inc (NASDAQ:AWRE) successfully deployed its first mobile biometric solution within a US federal agency, demonstrating growing trust in its technology. The company expanded its global footprint with a pilot program in the Caribbean and successful biometric boarding tests at Orlando International Airport. Aware Inc (NASDAQ:AWRE) achieved multiple certifications, including ISO 30,107 Level 3 and ISO 27,001, enhancing its credibility with enterprise and government buyers. Revenue for 2025 was essentially flat year over year, with a slight decrease from $17.4 million in 2024 to $17.3 million. The company reported a net loss of $5.9 million for the year, an increase from the $4.4 million net loss in the previous year. Operating expenses remain high due to strategic investments, impacting profitability. Procurement delays and government shutdowns have created variability in financial results and slowed program progress. Quarterly results are expected to remain uneven due to the nature of procurement cycles and customer conversion timing, particularly in government markets. Warning! GuruFocus has detected 3 Warning Signs with AWRE. Is AWRE fairly valued? Test your thesis with our free DCF calculator. Q: Federal procurement timing has created some variability in results, and 2025 revenue is essentially flat year over year. How should investors think about the drivers of potential growth going forward, particularly given the mix of federal, commercial, and international opportunities? A: In 2025, we experienced slower program movements due to government procurement cycles and a significant government shutdown. However, post-shutdown, we've seen increased federal activity and pipeline acceleration. We're also focusing on international and commercial markets to convert our pipeline and expand our brand, ensuring continued growth as we expand our product portfolio and certifications. - AJ Alani, CEO Q: How should investors thi...