Aware Q1 2025 revenue $3.6M, net loss $1.6M; appoints new CRO and chairman

AWARE INC /MA/

2025-Q1 EPS reported -$0.08 revenue$3,608,000

Total revenue $3.6M, down from $4.4M YoY; net loss $1.6M ($0.08/diluted share) vs $1.0M loss ($0.05) in Q1 2024.
Recurring revenue $2.7M, down from $3.1M YoY; adjusted EBITDA loss $1.5M vs $1.0M.
Cash, cash equivalents & marketable securities $24.8M at Mar 31, 2025, down from $27.8M at Dec 31, 2024.
Brian Krause appointed Chief Revenue Officer; Gary Evee named Chairman of the Board.
Management says transitional phase with lower software license revenue but growing pipeline and Fortune 500 engagements.

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