Aware Inc
NASDAQ:AWRE
Aware Inc
Aware, Inc. is a biometrics software and services company. The company is headquartered in Bedford, Massachusetts and currently employs 81 full-time employees. The firm enables government agencies and commercial entities to enroll, identify, authenticate and enable using biometrics, which comprises physiological characteristics, such as fingerprints, faces, irises and voices. The Company’s portfolio of biometric solutions and robust products designed explicitly for ease of integration, including customer-managed and integration ready biometric frameworks, platforms, software development kits and services. The Company’s principal government applications of biometrics systems include border control, visa applicant screening, law enforcement, national defense, intelligence, secure credentialing, access control and background checks. The Company’s principal commercial applications include mobile enrollment, user authentication, identity proofing, and secure transaction enablement.
Aware, Inc. is a biometrics software and services company. The company is headquartered in Bedford, Massachusetts and currently employs 81 full-time employees. The firm enables government agencies and commercial entities to enroll, identify, authenticate and enable using biometrics, which comprises physiological characteristics, such as fingerprints, faces, irises and voices. The Company’s portfolio of biometric solutions and robust products designed explicitly for ease of integration, including customer-managed and integration ready biometric frameworks, platforms, software development kits and services. The Company’s principal government applications of biometrics systems include border control, visa applicant screening, law enforcement, national defense, intelligence, secure credentialing, access control and background checks. The Company’s principal commercial applications include mobile enrollment, user authentication, identity proofing, and secure transaction enablement.
Strong Revenue Growth: Aware delivered Q3 revenue of $5.1 million, up 33% year-over-year, driven by key license deals.
Improved Profitability: Net loss narrowed to $1.1 million, or $0.05 per share, showing improvement over the prior year.
Operating Expense Investments: Operating expenses increased to $6.4 million as the company invested in sales, marketing, and product development.
Federal Sector Headwinds: Federal budget delays and the government shutdown impacted near-term bookings, though management expects deferred revenue to materialize once resolved.
Recurring Revenue Focus: Management is emphasizing a shift toward more predictable, recurring revenue and expects less variability over time.
Certifications & Partnerships: Recent certifications and expanded partnerships are helping validate Aware’s technology and accelerate enterprise adoption.
