---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-191549"
form_type: "8-K"
ticker: "AWRE"
cik: "0001015739"
company_name: "AWARE INC /MA/"
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:32:44.336705+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Aware Q1 revenue down to $3.4M, net loss widens to $3.5M; restructuring targets $4M annual savings

## Summary
- Revenue $3.4M ($3.6M in Q1 2025); net loss $3.5M ($0.16/share) vs $1.6M loss year ago.
- Operating expenses $7.0M including $0.7M severance from workforce reduction; expects $4M annualized OpEx savings starting Q2 2026.
- Adjusted EBITDA loss $3.2M, compared to $1.5M loss in Q1 2025.
- CEO Ajay Amlani highlights transformation to platform-first strategy and cost streamlining; cites strong market demand for biometric orchestration.

## SEC filing metadata
- accession: 0001193125-26-191549
- form_type: 8-K
- ticker: AWRE
- cik: 0001015739
- company_name: AWARE INC /MA/
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1015739/000119312526191549/0001193125-26-191549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1015739/000119312526191549/awre-20260331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-191549
- JSON: https://secwatch.observer/filing/0001193125-26-191549.json
- Plain text: https://secwatch.observer/filing/0001193125-26-191549.txt

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