---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-093954"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:38:47.815684+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Aware reports H1 2024 revenue $8.7M (+17% YoY); net loss improves 51%

## Summary
- Q2 revenue $4.3M (+36% YoY); recurring revenue $2.7M (+31% YoY).
- H1 net loss $2.1M ($0.10/share) vs $4.2M loss year ago; adjusted EBITDA loss $1.9M vs $3.8M.
- Operating expenses fell 8% YoY to $11.3M in H1 2024 due to cost reduction initiatives.
- Appointed Heidi Hunter as Chief Product Officer; renewed contracts in UK, Brazil, EMEA including $0.4M Europe license expansion.
- Cash & securities $27.4M; management guides double-digit growth in 2024 and positive cash flow in 2025.

## SEC filing metadata
- accession: 0000950170-24-093954
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015739/000095017024093954/0000950170-24-093954-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000095017024093954/awre-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-093954
- JSON: https://secwatch.observer/filing/0000950170-24-093954.json
- Plain text: https://secwatch.observer/filing/0000950170-24-093954.txt

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