---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-033542"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T08:53:39.883930+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aware reports FY 2024 revenue down 5% to $17.4M, appoints Ajay Amlani as CEO

## Summary
- Full-year revenue $17.4M (-5% YoY); net loss improved 39% to $4.4M from $7.3M.
- Recurring revenue grew 9% to $12.0M; Q4 revenue up 10% to $4.8M.
- Ajay Amlani appointed CEO, effective March 2025, succeeding prior leadership.
- Adjusted EBITDA loss improved 15% to $3.9M; cash and securities $27.8M at year-end.
- Repurchased 137,051 shares for $0.2M during 2024.

## SEC filing metadata
- accession: 0000950170-25-033542
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1015739/000095017025033542/0000950170-25-033542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000095017025033542/awre-20250305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-033542
- JSON: https://secwatch.observer/filing/0000950170-25-033542.json
- Plain text: https://secwatch.observer/filing/0000950170-25-033542.txt

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