---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-120251"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:27:35.930734+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Aware reports Q1 2022 revenue $4.7M (+6% YoY); recurring revenue up 30%

## Summary
- Revenue $4.7M, highest since 2018, up 6% YoY and 17% sequentially.
- Recurring revenue grew 30% YoY; subscription revenue up 73% YoY.
- Net loss $1.3M ($0.06/diluted share); adjusted EBITDA loss improved to $0.6M from $1.1M YoY.
- Cash and equivalents $25.1M at Mar 31, down from $30.0M at Dec 31, 2021.
- Strategic investment of $2.5M in MIRACL parent Omlis; partnership with Anonybit.

## SEC filing metadata
- accession: 0001193125-22-120251
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1015739/000119312522120251/0001193125-22-120251-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000119312522120251/d357170d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-120251
- JSON: https://secwatch.observer/filing/0001193125-22-120251.json
- Plain text: https://secwatch.observer/filing/0001193125-22-120251.txt

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