---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-202054"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2022-07-26T23:59:59+00:00"
generated_at: "2026-06-24T08:31:21.650435+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Aware reports Q2 2022 revenue $4.2M, net loss $1.3M; recurring revenue grows to 56% of total

## Summary
- Revenue of $4.2M, down from $4.3M in Q2 2021, driven by macro and supply chain delays.
- Net loss of $1.3M ($0.06 per diluted share) vs. $1.5M loss in Q2 2021; adjusted EBITDA loss $0.8M.
- Recurring revenue was 56% of total H1 2022, up >50% from H1 2021, reflecting subscription transition.
- Completed sale of Bedford, MA office for net proceeds of $8.6M in July 2022, strengthening balance sheet.
- Cash and equivalents $25.0M at June 30, 2022, prior to building sale proceeds.

## SEC filing metadata
- accession: 0001193125-22-202054
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2022-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1015739/000119312522202054/0001193125-22-202054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000119312522202054/d384663d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-202054
- JSON: https://secwatch.observer/filing/0001193125-22-202054.json
- Plain text: https://secwatch.observer/filing/0001193125-22-202054.txt

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