---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-119019"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T07:55:46.726117+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aware Q3 revenue $3.8M, net loss $0.05/share; recurring revenue up 29% YoY

## Summary
- Q3 total revenue $3.8M, down 41% YoY, primarily due to prior-year one-time license of $2.9M.
- Recurring revenue $2.8M, up 29% YoY; company reaffirms double-digit recurring revenue growth for 2024.
- Net loss $1.1M ($0.05 loss per diluted share) vs net income of $1.1M ($0.05 EPS) in Q3 2023.
- Operating expenses reduced 6% YoY to $5.3M; cash and equivalents at $27.4M.
- Secured $1M European government booking in October 2024, expected to add to ARR.

## SEC filing metadata
- accession: 0000950170-24-119019
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1015739/000095017024119019/0000950170-24-119019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000095017024119019/awre-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-119019
- JSON: https://secwatch.observer/filing/0000950170-24-119019.json
- Plain text: https://secwatch.observer/filing/0000950170-24-119019.txt

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