secwatch.observer — SEC 8-K summary
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Issuer:     AWARE INC /MA/ (AWRE)
CIK:        0001015739
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057518
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015739/000095017023057518/0000950170-23-057518-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015739/000095017023057518/awre-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057518

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer