Aware Inc (OQ:AWRE)

Sector:  Technology Industry:  Software
 
See Regulatory Filings on SEC
Company Contact
Address: 76 Blanchard Road
BURLINGTON MA 01803
Tel: 1-949-5743860
Website: https://www.aware.com
IR: See website
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Key People
Robert A. Eckel
President, Chief Executive Officer, Director
David K. Traverse
Principal Financial Officer, Treasurer
Mohamed Lazzouni
Chief Technology Officer
Craig Herman
Chief Revenue Officer
   
Business Overview
Aware, Inc. is a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics. Its software offerings address the growing challenges that governments and commercial enterprises face in knowing, authenticating, and securing individuals through secure user experiences. Its algorithms are based on diverse data sets from around the world and can be tailored to the unique security and requirements of each customer. Its portfolio enables government agencies and commercial entities to enroll, identify, authenticate, and enable using biometrics, which comprise physiological characteristics, such as fingerprints, faces, irises and voices. Its portfolio of biometric solutions is based on advanced, robust products designed explicitly for ease of integration, including customer-managed and integration ready biometric frameworks, platforms, software development kits (SDKs) and services.
Financial Overview
For the three months ended 31 March 2024, Aware Inc revenues increased 3% to $4.4M. Net loss decreased 37% to $982K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Research and development - Balancing val decrease of 6% to $2.2M (expense), Stock-based Compensation in SGA decrease of 44% to $136K (expense).
Employees: 73 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $14.48M as of Mar 31, 2024
Annual revenue (TTM): $18.36M as of Mar 31, 2024
EBITDA (TTM): -$4.67M as of Mar 31, 2024
Net annual income (TTM): -$6.73M as of Mar 31, 2024
Free cash flow (TTM): $0.90M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 21,085,234 as of Apr 24, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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