---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-061329"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2022-03-01T23:59:59+00:00"
generated_at: "2026-06-27T02:42:55.206693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aware reports 49% revenue growth to $16.9M in FY2021; authorizes $10M share repurchase

## Summary
- Full year 2021 revenue $16.9M, up 49% YoY; net loss $5.8M vs $7.6M in 2020.
- Q4 2021 revenue $4.0M; net loss $1.3M ($(0.06) diluted EPS).
- Recurring revenue exceeded $9M; subscription revenue tripled year-over-year.
- Adjusted EBITDA loss improved to $3.8M in FY2021 from $8.0M in FY2020.
- Board authorized up to $10M stock repurchase program through Dec 31, 2023.

## SEC filing metadata
- accession: 0001193125-22-061329
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2022-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015739/000119312522061329/0001193125-22-061329-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000119312522061329/d325632d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-061329
- JSON: https://secwatch.observer/filing/0001193125-22-061329.json
- Plain text: https://secwatch.observer/filing/0001193125-22-061329.txt

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