---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-061068"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T01:49:22.105099+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-061068
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015739/000095017025061068/0000950170-25-061068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000095017025061068/awre-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-061068
- JSON: https://secwatch.observer/filing/0000950170-25-061068.json
- Plain text: https://secwatch.observer/filing/0000950170-25-061068.txt

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