---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057518"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T01:47:44.067893+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aware Q3 revenue jumps 112% to $6.4M; net income of $0.05/diluted share

## Summary
- Total revenue $6.4M, up 112% YoY; nine-month revenue $13.9M, up 16% YoY.
- Net income $1.1M ($0.05 diluted EPS) vs net loss in Q2 2023; adjusted EBITDA $0.4M.
- Operating cash flow $2.5M, highest quarterly since Q4 2018.
- Recurring revenue $2.2M, up 4% YoY; cash & marketable securities $27.5M.
- Reaffirms FY2023 guidance: 15% revenue & ARR growth, neutral cash flow. Secured $3.4M contract.

## SEC filing metadata
- accession: 0000950170-23-057518
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015739/000095017023057518/0000950170-23-057518-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000095017023057518/awre-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057518
- JSON: https://secwatch.observer/filing/0000950170-23-057518.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057518.txt

## Key facts
- Earnings Releases
  AWARE INC /MA/ reported third quarter ended September 30, 2023 results: revenue $6.4 million, net income $1.1 million, EPS $0.05 per diluted share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $6.4 million
  - Net income: $1.1 million
  - EPS: $0.05 per diluted share
  - Result: reported results
  source text: Aware Reports Third Quarter and Nine Month 2023 Financial Results Quarterly Total Revenue Increased 112% from prior year quarter to $6.4 Million Generated $2.5 million in Operating Cashflow in Q3 2023, the Highest Quarterly Level Since Q4 2018 BURLINGTON, MASS. – November 1, 2023 – Aware, Inc. (NASDAQ: AWRE), a global biometric platform company that uses data science, machine learning, and artificial intelligence to tackle everyday business and identity challenges through biometrics, today reported financial results for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1015739/000095017023057518/0000950170-23-057518-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.