NASDAQ : AWRE
Aware, Inc. — Financial statements
Technology · Software - Application · United States
Last price 0.8879 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 19.37M
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Financial statements
Aware, Inc. (AWRE) reported revenue of 15.72M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 15.72M | 17.29M | 17.39M | 18.24M | 16.01M | 16.85M |
| Cost of Revenue | 1.76M | 1.32M | 835.00K | 1.27M | 1.26M | 1.21M |
| Gross Profit | 13.96M | 15.97M | 16.55M | 16.97M | 14.75M | 15.64M |
| Selling, General & Admin | 12.40M | 14.23M | 14.34M | 14.50M | 13.51M | 12.48M |
| Research & Development | 10.34M | 8.30M | 7.76M | 9.12M | 9.23M | 9.26M |
| Operating Expenses | 22.74M | 22.53M | 22.10M | 23.63M | 22.74M | 21.74M |
| Operating Income | -8.78M | -6.56M | -5.54M | -6.66M | -8.00M | -6.10M |
| Interest & Investment Income | 746.00K | 941.00K | 1.17M | 1.28M | 540.00K | 4.00K |
| EBT Excluding Unusual Items | -8.03M | -5.62M | -4.38M | -5.37M | -7.46M | -6.09M |
| Gain (Loss) on Sale of Assets | 5.67M | |||||
| Other Unusual Items | -1.88M | 107.00K | ||||
| Pretax Income | -8.03M | -5.62M | -4.38M | -7.25M | -1.68M | -6.09M |
| Income Tax Expense | 233.00K | 257.00K | 53.00K | 59.00K | 49.00K | -269.00K |
| Net Income | -8.27M | -5.87M | -4.43M | -7.31M | -1.73M | -5.82M |
| Net Income to Common | -8.27M | -5.87M | -4.43M | -7.31M | -1.73M | -5.82M |
| Shares Outstanding (Basic) | 21.55M | 21.18M | 21.14M | 21.01M | 21.60M | 21.52M |
| Shares Outstanding (Diluted) | 21.55M | 21.18M | 21.14M | 21.01M | 21.60M | 21.52M |
| EPS (Basic) | -0.38 | -0.28 | -0.21 | -0.35 | -0.08 | -0.27 |
| EPS (Diluted) | -0.38 | -0.28 | -0.21 | -0.35 | -0.08 | -0.27 |
| Free Cash Flow | -5.56M | -3.21M | 1.81M | -5.77M | -6.26M | |
| Free Cash Flow Per Share | -0.26 | -0.15 | 0.09 | -0.27 | -0.29 | |
| Gross Margin | 88.81% | 92.35% | 95.20% | 93.02% | 92.13% | 92.82% |
| Operating Margin | -55.85% | -37.92% | -31.89% | -36.49% | -49.95% | -36.18% |
| Profit Margin | -52.59% | -33.96% | -25.48% | -40.09% | -10.78% | -34.56% |
| Free Cash Flow Margin | -32.17% | -18.44% | 9.90% | -36.06% | -37.15% | |
| EBITDA | -8.22M | -5.99M | -4.98M | -6.08M | -7.24M | -5.41M |
| EBITDA Margin | -52.28% | -34.61% | -28.66% | -33.32% | -45.20% | -32.10% |
| D&A For EBITDA | 561.00K | 572.00K | 562.00K | 578.00K | 760.00K | 687.00K |
| EBIT | -8.78M | -6.56M | -5.54M | -6.66M | -8.00M | -6.10M |
| EBIT Margin | -55.85% | -37.92% | -31.89% | -36.49% | -49.95% | -36.18% |
| Revenue as Reported | 15.72M | 17.29M | 17.39M | 18.24M | 16.01M | 16.85M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.43M | 7.27M | 12.97M | 10.00M | 11.75M | 29.96M |
| Short-Term Investments | 12.95M | 15.03M | 14.84M | 20.91M | 17.23M | |
| Cash & Short-Term Investments | 15.38M | 22.30M | 27.81M | 30.91M | 28.98M | 29.96M |
| Accounts Receivable | 5.87M | 4.36M | 4.00M | 3.85M | 6.25M | 6.85M |
| Other Receivables | 1.36M | 1.41M | ||||
| Receivables | 5.87M | 4.36M | 4.00M | 3.85M | 7.61M | 8.26M |
| Prepaid Expenses | 1.61M | 1.17M | 1.05M | 693.00K | 591.00K | |
| Total Current Assets | 21.24M | 28.27M | 32.98M | 35.82M | 37.28M | 38.81M |
| Property, Plant & Equipment | 3.71M | 4.12M | 4.44M | 4.84M | 5.26M | 3.22M |
| Goodwill | 3.12M | 3.12M | 3.12M | 3.12M | 3.12M | |
| Other Intangible Assets | 4.42M | 1.57M | 1.98M | 2.39M | 2.81M | 3.22M |
| Other Long-Term Assets | 1.41M | 122.00K | 122.00K | 122.00K | 122.00K | |
| Total Assets | 30.78M | 37.20M | 42.64M | 46.30M | 51.19M | 48.37M |
| Accounts Payable | 2.00M | 1.04M | 894.00K | 280.00K | 639.00K | 283.00K |
| Accrued Expenses | 930.00K | 1.45M | 1.71M | 1.28M | 1.91M | |
| Current Portion of Leases | 676.00K | 656.00K | 637.00K | 470.00K | ||
| Current Unearned Revenue | 4.85M | 4.87M | 4.93M | 3.41M | 3.55M | |
| Total Current Liabilities | 2.00M | 7.50M | 7.86M | 7.55M | 5.80M | 5.74M |
| Long-Term Leases | 3.73M | 3.29M | 3.59M | 3.84M | 4.05M | |
| Long-Term Unearned Revenue | 5.01M | 261.00K | 296.00K | 611.00K | 322.00K | 191.00K |
| Other Long-Term Liabilities | 812.00K | 919.00K | ||||
| Total Liabilities | 10.73M | 11.06M | 11.75M | 12.00M | 10.98M | 6.85M |
| Common Stock | 20.05M | 215.00K | 211.00K | 210.00K | 211.00K | 216.00K |
| Additional Paid-In Capital | 101.51M | 100.38M | 99.41M | 98.31M | 97.78M | |
| Retained Earnings | -75.82M | -69.94M | -65.51M | -58.20M | -56.47M | |
| Comprehensive Income & Other | 228.00K | 251.00K | 195.00K | -110.00K | ||
| Shareholders' Equity | 20.05M | 26.14M | 30.90M | 34.30M | 40.21M | 41.52M |
| Total Liabilities & Equity | 30.78M | 37.20M | 42.64M | 46.30M | 51.19M | 48.37M |
| Total Debt | 3.73M | 3.97M | 4.24M | 4.47M | 4.52M | |
| Net Cash (Debt) | 11.65M | 18.33M | 23.57M | 26.44M | 24.46M | 29.96M |
| Net Cash Per Share | 0.54 | 0.87 | 1.11 | 1.26 | 1.13 | 1.39 |
| Filing Date Shares Outstanding | 21.73M | 21.60M | 21.10M | 21.08M | 20.99M | 21.64M |
| Total Common Shares Outstanding | 21.73M | 21.44M | 21.10M | 21.02M | 21.09M | 21.61M |
| Working Capital | 19.25M | 20.76M | 25.12M | 28.27M | 31.48M | 33.07M |
| Book Value Per Share | 0.92 | 1.22 | 1.46 | 1.63 | 1.91 | 1.92 |
| Tangible Book Value | 15.62M | 21.45M | 25.80M | 28.79M | 34.28M | 35.18M |
| Tangible Book Value Per Share | 0.72 | 1.00 | 1.22 | 1.37 | 1.63 | 1.63 |
| Land | 1.06M | |||||
| Buildings | 162.00K | 162.00K | 162.00K | 146.00K | 9.17M | |
| Machinery | 1.64M | 1.48M | 1.43M | 1.43M | 2.09M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -5.87M | -4.43M | -7.31M | -1.73M | -5.82M | |
| Depreciation & Amortization | 572.00K | 562.00K | 578.00K | 760.00K | 687.00K | |
| Loss (Gain) From Sale of Assets | -5.67M | |||||
| Stock-Based Compensation | 1.17M | 1.13M | 1.52M | 1.71M | 1.57M | |
| Provision & Write-off of Bad Debts | -14.00K | 74.00K | -15.00K | 344.00K | -64.00K | |
| Other Operating Activities | 270.00K | 66.00K | 2.03M | -80.00K | -269.00K | |
| Change in Accounts Receivable | -342.00K | -221.00K | 2.41M | 261.00K | -2.25M | |
| Change in Accounts Payable | 151.00K | 614.00K | -359.00K | 356.00K | -249.00K | |
| Change in Unearned Revenue | -49.00K | -375.00K | 1.80M | -7.00K | -193.00K | |
| Change in Income Taxes | 12.00K | -68.00K | 1.36M | 49.00K | -13.00K | |
| Change in Other Net Operating Assets | -1.29M | -514.00K | -191.00K | -1.03M | 371.00K | |
| Operating Cash Flow | -5.40M | -3.16M | 1.82M | -5.04M | -6.23M | |
| Capital Expenditures | -165.00K | -45.00K | -16.00K | -730.00K | -27.00K | |
| Sale of Property, Plant & Equipment | 8.55M | |||||
| Cash Acquisitions | -2.45M | |||||
| Investment in Securities | -109.00K | 6.33M | -3.13M | -17.30M | ||
| Other Investing Activities | -2.50M | |||||
| Investing Cash Flow | -274.00K | 6.29M | -3.14M | -11.99M | -2.48M | |
| Issuance of Common Stock | 87.00K | 74.00K | 96.00K | 154.00K | 163.00K | |
| Repurchase of Common Stock | -118.00K | -233.00K | -522.00K | -1.34M | -54.00K | |
| Financing Cash Flow | -31.00K | -159.00K | -426.00K | -1.18M | 109.00K | |
| Net Cash Flow | -5.70M | 2.97M | -1.75M | -18.21M | -8.60M | |
| Free Cash Flow | -5.56M | -3.21M | 1.81M | -5.77M | -6.26M | |
| Free Cash Flow Margin | -32.17% | -18.44% | 9.90% | -36.06% | -37.15% | |
| Free Cash Flow Per Share | -0.26 | -0.15 | 0.09 | -0.27 | -0.29 | |
| Levered Free Cash Flow | -3.70M | -1.78M | 2.90M | -3.12M | -5.47M | |
| Unlevered Free Cash Flow | -3.70M | -1.78M | 2.90M | -3.12M | -5.47M | |
| Cash Income Tax Paid | 75.00K | 172.00K | 136.00K | |||
| Change in Working Capital | -1.52M | -564.00K | 5.02M | -375.00K | -2.33M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 19.37M | 39.54M | 41.35M | 34.84M | 37.03M | 67.91M |
| Enterprise Value | 7.72M | 21.09M | 18.27M | 11.85M | 6.06M | 34.62M |
| Last Close Price | 0.89 | 1.85 | 1.95 | 1.66 | 1.71 | 3.15 |
| PS Ratio | 1.23 | 2.29 | 2.38 | 1.91 | 2.31 | 4.03 |
| PB Ratio | 0.96 | 1.51 | 1.34 | 1.02 | 0.92 | 1.64 |
| P/TBV Ratio | 1.24 | 1.84 | 1.60 | 1.21 | 1.08 | 1.93 |
| P/FCF Ratio | 19.28 | |||||
| P/OCF Ratio | 19.11 | |||||
| EV/Sales Ratio | 0.49 | 1.22 | 1.05 | 0.65 | 0.38 | 2.05 |
| EV/FCF Ratio | 6.56 | |||||
| Debt / Equity Ratio | 0.19 | 0.15 | 0.14 | 0.13 | 0.11 | |
| Debt / FCF Ratio | 2.48 | |||||
| Net Debt / Equity Ratio | -0.58 | -0.70 | -0.76 | -0.77 | -0.61 | -0.72 |
| Net Debt / EBITDA Ratio | 1.42 | 3.06 | 4.73 | 4.35 | 3.38 | 5.54 |
| Net Debt / FCF Ratio | 3.29 | 7.35 | -14.63 | 4.24 | 4.79 | |
| Asset Turnover | 0.44 | 0.43 | 0.39 | 0.37 | 0.32 | 0.34 |
| Quick Ratio | 10.64 | 3.55 | 4.05 | 4.61 | 6.31 | 6.66 |
| Current Ratio | 10.64 | 3.77 | 4.19 | 4.75 | 6.42 | 6.76 |
| Return on Equity (ROE) | -34.97% | -20.59% | -13.59% | -19.63% | -4.22% | -13.36% |
| Return on Assets (ROA) | -15.45% | -10.27% | -7.79% | -8.54% | -10.04% | -7.62% |
| Return on Invested Capital (ROIC) | -109.65% | -86.64% | -73.04% | -56.40% | -58.56% | -65.33% |
| Return on Capital Employed (ROCE) | -30.50% | -22.10% | -15.90% | -17.20% | -17.60% | -14.30% |
| Earnings Yield | -43.21% | -14.85% | -10.72% | -20.99% | -4.66% | -8.58% |
| FCF Yield | -35.46% | -14.07% | -7.75% | 5.19% | -15.59% | -9.22% |
| Buyback Yield / Dilution | -1.43% | -0.21% | -0.60% | 2.74% | -0.37% | -0.24% |