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 |
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 |