secwatch.observer — SEC 8-K summary
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Issuer:     AWARE INC /MA/ (AWRE)
CIK:        0001015739
Form:       8-K
Filed at:   2024-03-12T23:59:59+00:00
Accession:  0000950170-24-030003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aware reports FY2023 revenue $18.2M (+14% YoY), ARR record $12M; Q4 net loss $4.2M on $2.7M write-off
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- Full year 2023 total revenue $18.2M, highest since 2016, up 14% from $16.0M in 2022.
- Annual Recurring Revenue (ARR) grew 23% to record $12.0M; recurring revenue $11.0M, up 13% YoY.
- Net loss for FY2023 was $7.3M ($0.35 diluted EPS) vs $1.7M loss in FY2022, impacted by $2.7M Omlis write-off.
- Q4 2023 revenue $4.4M (+8% YoY); net loss $4.2M ($0.20 per share) vs $1.8M loss in Q4 2022.
- Cash, equivalents, marketable securities $30.9M at year-end, up $1.9M; repurchased 299,780 shares for $0.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015739/000095017024030003/0000950170-24-030003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015739/000095017024030003/awre-20240312.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-030003

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