Highest-materiality recent filing
Aware Q1 revenue down to $3.4M, net loss widens to $3.5M; restructuring targets $4M annual savings
Revenue $3.4M ($3.6M in Q1 2025); net loss $3.5M ($0.16/share) vs $1.6M loss year ago.
Aware Inc. sets 2026 executive bonus plan; CEO target $200k, based on revenue and adjusted EBITDA
CEO Ajay Amlani target bonus $200k; CRO Brian Krause and CMO Lona Therrien each $120k; CFO David Traverse $100k.
Aware CTO Mohamed Lazzouni departs; receives $312K severance and noncompete
CTO Mohamed Lazzouni departed Aware, Inc. effective March 10, 2026.
Aware Q4 2025 revenue $4.7M, net loss $0.07/share; full-year net loss $5.9M
Revenue Q4 2025 $4.7M vs $4.8M in Q4 2024; full-year $17.3M vs $17.4M.
Aware Q3 revenue up 33% YoY to $5.1M; net loss narrows to $1.1M
Revenue $5.1M (+33% YoY) driven by $1.0M perpetual license expansion and $0.6M new term licenses.
Aware Q2 revenue $3.9M, net loss $1.8M; cash $23.7M
Revenue $3.9M (down 9% YoY); net loss $1.8M ($0.08/sh) vs loss $1.1M ($0.05/sh).
CEO Ajay Amlani to receive 75% of 2026-2027 base salary in restricted stock units
Base salary of $400K for 2026 and 2027: 25% cash ($100K) and 75% RSUs ($300K value per year).
Aware, Inc. reports annual meeting vote results; directors re-elected, compensation approved
Brent P. Johnstone re-elected Class II director with 8,371,565 for, 3,556,112 against, 4,435,510 broker non-votes.
Aware adopts 2025 executive bonus plan with revenue, bookings, EBITDA goals
Participants: CEO Ajay Amlani, CRO Brian Krause, CTO Mohamed Lazzouni, CFO David Traverse.
Aware Q1 2025 revenue $3.6M, net loss $1.6M; appoints new CRO and chairman
Total revenue $3.6M, down from $4.4M YoY; net loss $1.6M ($0.08/diluted share) vs $1.0M loss ($0.05) in Q1 2024.
AWRE CEO Amlani takes 80% of 2025 pro-rated salary in RSUs; 166,229 shares granted
Base salary of $400k/year; pro-rated $316,667 for Mar 16–Dec 31, 2025 paid 20% cash ($63,333) and 80% RSUs ($253,333).
Aware reports FY 2024 revenue down 5% to $17.4M, appoints Ajay Amlani as CEO
Full-year revenue $17.4M (-5% YoY); net loss improved 39% to $4.4M from $7.3M.
Aware names Ajay Amlani CEO with $400K salary and 1.06M share options
Appointed CEO and President effective Feb 3, 2025; replaces Robert Eckel (retired).
Aware names CFO David Traverse interim CEO after Bob Eckel resigns
Bob Eckel resigned as CEO and President effective December 31, 2024, after five years.
Aware Q3 revenue $3.8M, net loss $0.05/share; recurring revenue up 29% YoY
Q3 total revenue $3.8M, down 41% YoY, primarily due to prior-year one-time license of $2.9M.
Aware CEO Robert Eckel to depart Dec 31, 2024; severance and non-compete agreed
CEO Robert A. Eckel to leave as CEO and Board member effective December 31, 2024.
Aware CRO Craig Herman resigns; CEO Bob Eckel to provide interim leadership
Craig Herman, Chief Revenue Officer, resigned effective September 20, 2024, to pursue an opportunity outside biometrics.
Aware reports H1 2024 revenue $8.7M (+17% YoY); net loss improves 51%
Q2 revenue $4.3M (+36% YoY); recurring revenue $2.7M (+31% YoY).
Aware, Inc. annual meeting votes approve director elections, say-on-pay, and auditor ratification
Brian D. Connolly re-elected with 7,858,012 for votes; 4,387,738 withheld.
Aware promotes David Traverse to CFO effective June 1, 2024; salary raised to $230,000
David Traverse's title changed from Principal Financial Officer to CFO, effective June 1, 2024.
Aware Q1 revenue $4.4M (+3% YoY); net loss narrows to $1.0M; reaffirms 2024 growth outlook
Revenue of $4.4M (+3% YoY); recurring revenue $3.1M (71% of total), up 3% YoY.
Aware adopts 2024 Executive Bonus Plan with revenue and cash flow targets for four named executives
Target bonuses: CEO Eckel $159,135; CRO Herman $250,000; CTO Lazzouni $153,181; CFO Traverse $50,000.
Full year 2023 total revenue $18.2M, highest since 2016, up 14% from $16.0M in 2022.
Aware completes stock option exchange; 96% of eligible options surrendered for new options at $2.21
9 executives exchanged options on 2.18M shares (96% of eligible); new options on 933K shares at $2.21.
Aware stockholders approve 2023 Equity Plan and stock option exchange program
Stockholders approved stock option exchange for eligible employees; votes 10,214,546 for, 5,583,466 against.
The Board of Directors of Aware, Inc. (“Aware”) appointed Ajay Amlani to serve as Chief Executive Officer and President of Aware and as a Class III member of the Board of Directors of Aware, effective February 3, 2025.
David K. Traverse resigned his positions as Interim Chief Executive Officer and President of Aware, effective February 3, 2025. Mr. Traverse remains Aware’s Chief Financial Officer.
On January 1, 2025, the Company’s Board of Directors appointed David K. Traverse, the Company’s Chief Financial Officer, to serve as the Company’s interim Chief Executive Officer and President.
On December 31, 2024, Mr. Eckel’s resignation from those positions became effective.
Aware, Inc. (the “Company”) and Robert A. Eckel, the Company’s Chief Executive Officer and President and a member of the Company’s Board of Directors (the “Board”), agreed that Mr. Eckel would leave the Company and the Board, effective December 31, 2024.
On September 4, 2024, Craig Herman, our Chief Revenue Officer, announced his resignation effective September 20, 2024, to pursue a new opportunity outside of the biometrics industry.
Effective June 1, 2024, we changed David Traverse’s title from Principal Financial Officer to Chief Financial Officer and we increased his annual base salary to $230,000 with a variable annual target bonus of $92,000, which is equal to 40% of his annual base salary.
Max materiality 0.75 · Median 0.55 · Most common event earnings