secwatch.observer — SEC 8-K summary
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Issuer:     AWARE INC /MA/ (AWRE)
CIK:        0001015739
Form:       8-K
Filed at:   2022-04-26T23:59:59+00:00
Accession:  0001193125-22-120251
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1015739/000119312522120251/0001193125-22-120251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1015739/000119312522120251/d357170d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-120251

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer