Here are the 8-K filings from Aware Inc (AWRE) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, so if you follow AWRE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AWRE filings page.
Aware, Inc. (AWRE) reported third-quarter 2026 revenue of $4.417 million, compared with $5.129 million a year earlier. Operating expenses were $5.357 million, down from $6.424 million. Net loss was $0.791 million, or $0.04 per diluted share, versus $1.053 million, or $0.05 per diluted share; adjusted EBITDA loss, a non-GAAP measure, was $0.548 million versus $0.810 million.
For the nine months ended September 30, 2026, revenue was $11.058 million versus $12.630 million, and net loss was $6.814 million versus $4.420 million. Adjusted EBITDA loss was $6.069 million versus $3.772 million. Operating expenses were $18.388 million compared with $17.737 million; the comparison includes approximately $0.7 million of one-time severance, primarily in the first quarter, and higher compensation costs associated with 2025 hires, partly offset by 2026 spending reductions. Cost-reduction actions are expected to generate approximately $4.0 million in annualized savings.
Aware ended the quarter with approximately $15.4 million in cash, cash equivalents and marketable securities and no debt. It was selected by a government agency customer to deploy Intelligent Liveness capabilities from the Awareness Platform and established a commercial relationship with Adobe Acrobat Sign’s distributor, with new customer activity in Latin America.
Aware, Inc. reported second-quarter 2026 results with revenue of $3.3 million, down from $3.9 million a year earlier, primarily due to lower perpetual software license revenue. Management highlighted softness in standalone products as the company invests in its Awareness Platform and noted increasing public-sector activity following the normalization of Department of Homeland Security operations.
Operating expenses were $6.0 million versus $5.9 million in the prior-year quarter. Net loss widened to $2.6 million, or $0.12 per diluted share, compared with $1.8 million, or $0.08 per share. Adjusted EBITDA loss was $2.3 million, versus $1.4 million. For the first half of 2026, revenue was $6.6 million versus $7.5 million, with net loss of $6.0 million versus $3.4 million.
At June 30, 2026, cash and cash equivalents were $2.9 million and marketable securities were $14.0 million, with total assets of $29.6 million and stockholders’ equity of $20.6 million. Management emphasized ongoing innovation in Intelligent Liveness and Intelligent Matching within the Awareness Platform and stated expectations for higher second-half revenue than the first half and lower expenses as cost-reduction actions take hold.
Aware, Inc. appointed James Beecham, co-founder and chief executive officer of cloud data security company ALTR, as a Class I Director on July 15, 2026, based on the recommendation of the Nominating and Corporate Governance Committee. The board cited his industry expertise and leadership experience at ALTR.
On the same date, Aware held its Annual Meeting of Shareholders. 21,646,057 shares of common stock were outstanding as of the May 19, 2026 record date. Shareholders re-elected Ajay K. Amlani and Peter R. Faubert as Class III directors, approved on an advisory basis the compensation of named executive officers, ratified the appointment of RSM US LLP as independent registered public accounting firm, and approved an amendment to the 2023 Equity and Incentive Plan to increase shares authorized for issuance by 1,000,000 shares.
Aware, Inc. reported first quarter 2026 revenue of $3.4 million, down slightly from $3.6 million a year earlier, as lower perpetual license sales were partly offset by higher subscription revenue. Operating expenses rose to $7.0 million from $5.5 million, including $0.7 million of one-time severance tied to a workforce reduction supporting its shift to a platform-focused model.
Net loss widened to $3.5 million, or $(0.16) per diluted share, compared with a $1.6 million loss, or $(0.08) per share, in the prior-year quarter. Adjusted EBITDA loss was $3.2 million versus $1.5 million. Recurring revenue increased to $2.9 million from $2.7 million, reflecting growth in subscriptions and services. The company expects actions taken to reduce operating expenses by $4.0 million on an annualized basis starting in Q2 2026. Cash and cash equivalents were $4.6 million as of March 31, 2026, down from $7.3 million at December 31, 2025.
Aware, Inc. adopted a new Executive Bonus Plan for 2026 that ties senior leaders’ cash bonuses to financial performance. The Compensation Committee set target bonuses of $200,000 for CEO Ajay Amlani, $120,000 each for CRO Brian Krause and CMO Lona Therrien, and $100,000 for CFO David Traverse.
Bonuses are based on two equally weighted performance goals: Revenue (50%) and Adjusted EBITDA (50%). Each goal has a threshold, target and enhanced target, with payouts ranging from 0% to up to 200% of the goal-specific target bonus, using linear interpolation between levels.
Aware, Inc. reported that Chief Technology Officer Mohamed Lazzouni has left the company, effective March 10, 2026. On the same date, Aware and Mr. Lazzouni entered into a separation agreement that implements the severance arrangements described in his November 19, 2019 employment agreement.
The separation agreement includes a non-compete commitment by Mr. Lazzouni through March 9, 2027 and a general release of claims against Aware. The company filed the full separation agreement as an exhibit for reference and stated that no financial statements are required with this report.
Aware, Inc. reported largely flat revenue for 2025 while increasing its investment in products and growth. Full-year revenue was $17.3 million, slightly below $17.4 million in 2024, as lower perpetual license sales were mostly offset by higher maintenance, subscription, and services revenue.
The company posted a full-year net loss of $5.9 million, or $(0.28) per diluted share, compared to a $4.4 million loss in 2024, reflecting higher research and development, personnel, and product development costs. Cash, cash equivalents, and marketable securities totaled $22.3 million as of December 31, 2025, down from $27.8 million a year earlier.
Aware, Inc. (AWRE) reported that it issued a press release describing its results of operations and financial condition for the quarter ended September 30, 2025. The company furnished this information under Item 2.02 of a Form 8-K and included the press release as Exhibit 99.1. No financial statements were required with this report. The filing was signed by Chief Financial Officer David K. Traverse.