{"id":956087,"date":"2026-04-29T16:03:44","date_gmt":"2026-04-29T20:03:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/"},"modified":"2026-04-29T16:03:44","modified_gmt":"2026-04-29T20:03:44","slug":"aware-reports-first-quarter-financial-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/","title":{"rendered":"Aware Reports First Quarter Financial Results"},"content":{"rendered":"<div class=\"mw_release\">\n<p>BURLINGTON, Mass., April  29, 2026  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ISHVmvIxiKVhBa8_sYhIXIUGwsy5DjrLnAZoPpve4IB9iw3LU__592bzfEmDdgarZ2yrE6Lt6H5yhKCo_VF9rA==\" rel=\"nofollow\" target=\"_blank\">Aware, Inc.<\/a> (NASDAQ: AWRE), a global leader in biometric identity and authentication solutions, today reported financial results for the first quarter ended March 31, 2026.<\/p>\n<p>\n        <strong>\u00a0First Quarter 2026 and Financial Recent Operational Highlights<\/strong>\n      <\/p>\n<ul type=\"disc\">\n<li>Delivered strong performance in the DHS Remote Identity Validation Rally, Track 3, where Aware\u2019s Intelligent Liveness demonstrated the ability to stop sophisticated attack vectors while maintaining a high-quality user experience.<\/li>\n<li>Revenue was $3.4 million, compared to $3.6 million in the first quarter of 2025.<\/li>\n<li>Operating expenses were $7.0 million, including approximately $0.7 million of one-time severance costs related to a workforce reduction aligned with our strategic transition from a product-focused model to a platform-driven company, compared to $5.5 million in the first quarter of 2025.<\/li>\n<\/ul>\n<p>\n        <strong>Management Commentary<\/strong>\n      <\/p>\n<p>\u201cThis quarter marked an important step in our transformation as we continued aligning the business around a unified biometric orchestration platform,\u201d said CEO Ajay Amlani. \u201cAs part of this transition, we are taking deliberate actions to streamline our cost structure and operating model, ensuring we are focused on our highest-impact opportunities.<\/p>\n<p>\u201cWe are moving toward a platform-first approach with the Awareness Platform at the center\u2014designed to meet growing demand for biometric orchestration across both government and enterprise markets. With 98% of organizations we surveyed in a new <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=2Wdbg8VyysdfEwPGDhAykU-0eIqjHo5gmWaV0Bq97pvw0hBaVqpzU1K4SsnMmy5zW1hFiXqAXoIl5y-rg0bWqTD6PIzkOoGNUTgC11SA1vM9-6Vc0c7sU_vBsOuI9g2HKxeFdyBORq9fbyZ8-Mm9R9y9nJ2YFiaTFszLm-FcL5DgwinK3JFO96IrQpVzGMkRUxl6rUS5YYiYUUMtjxqhVoJLqiX9e3xRo3pFeFUZFuKz_ktYUWIUFr2IULN_zWCV\" rel=\"nofollow\" target=\"_blank\">report<\/a> expressing interest in these capabilities, we are confident we are building toward a clear and expanding market need.<\/p>\n<p>\u201cWe believe this shift positions Aware to operate more efficiently, execute with greater focus, and deliver more consistent, long-term value as we advance the platform and scale adoption over time.\u201d<\/p>\n<p>\n        <strong>First Quarter 2026 Financial Results<\/strong>\n      <\/p>\n<p>Revenue was $3.4 million, compared to $3.6 million in the first quarter of 2025. The decline in revenue was primarily due to a decrease in perpetual license revenue compared to the prior-year first quarter and partially offset by an increase in subscription license revenue.<\/p>\n<p>Operating expenses were\u00a0$7.0 million, compared to\u00a0$5.5 million\u00a0in the first quarter of 2025. The year-over-year decrease was primarily driven by one-time severance costs related to our restructuring of $0.7 million and higher compensation costs related to hires we made in 2025.<\/p>\n<p>As a result of efforts we\u2019ve taken to streamline our business, we expect to reduce operating expenses by $4.0 million on an annualized basis, as compared to the current quarter, starting in Q2 2026. We will continue to make adjustments to our operating expense as we continue to focus on our strategic goals.<\/p>\n<p>Net loss totaled\u00a0$3.5 million, or\u00a0$(0.16)\u00a0per diluted share, compared to net loss of\u00a0$1.6 million, or\u00a0$(0.08)\u00a0per diluted share, in the first quarter of 2025.<\/p>\n<p>Adjusted EBITDA loss totaled $3.2 million in the first quarter of 2026, compared to adjusted EBITDA loss of $1.5 million in the first quarter of 2025.<\/p>\n<p>\n        <strong>Webcast<\/strong>\n      <\/p>\n<p>Aware management will host a webcast today, April 29, 2026, at 5:00 p.m. Eastern time to discuss these results and provide an update on business conditions. A question-and-answer session will follow management\u2019s prepared remarks. <br \/>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<br \/>Date: Wednesday, April 29, 2026<br \/>Time: 5:00 p.m. Eastern time (2:00 p.m. Pacific time)<br \/>Webcast: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=imvcaXRW8-7uxMR6zJcRbalvRWYUt3tpRTxhoGDS7F9XZmwjMEHsGX3Yt2XIpjvdBvklXDTZPw-sxDtUIGhHEGsG_o_hq2rQmEkSHDyK_oGo6XtL_SMjLLeFIFbeeiHzKrA96vjyc5PraXEyYxGACQ==\" rel=\"nofollow\" target=\"_blank\">Register Here<\/a><\/p>\n<p>The presentation will be made available for replay in the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=gWh9gYLOVlNiP33lzmRHUzE8ODt2tASDu_lrZx3qpPcBSJ7ezoNjuCav83jVcfSxM5g3UydaRLngUjozaqLHC0PP1dOByabfKu8qlU5hajm5D13ilOD1WUIAh5V1Lj72\" rel=\"nofollow\" target=\"_blank\">investor relations<\/a> section of the Company\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9Oi3dGV_jR45ws84umAuBjTBsfckD8ff06v9W6bt4R7cd_t2DiwmGAI8KKD0WEdJRpb4cANe99ysELVhkd0acw==\" rel=\"nofollow\" target=\"_blank\">website<\/a>. The audio recording will be available for approximately 90 days following the live event.<\/p>\n<p>\n        <strong>About Aware<\/strong><\/p>\n<p>Aware, Inc.\u00a0(NASDAQ: AWRE) is a proven global leader in biometric identity and authentication solutions. Its Awareness Platform transforms biometric data into actionable intelligence, empowering organizations to verify identities and prevent fraud with speed, accuracy, and confidence. Designed for mission-critical enterprise environments, the platform delivers intelligent, scalable architecture, real-time insights, and reliable security\u2014ensuring precise identification when every millisecond matters. Aware is headquartered in\u00a0Burlington, Massachusetts.\u00a0To learn more, visit our\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9Oi3dGV_jR45ws84umAuBhCfkYCXcUBu6bpYIPmFZer5RMyHo-q69zRZIiE4jbLyrenZXe3p8rZu2ZLpHi1eMQ==\" rel=\"nofollow\" target=\"_blank\"><strong>website<\/strong><\/a>\u00a0or follow us on\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vl3rSClGeIKsN725INkOWDnLCArTzBkcEvN1yNA5xv2oqKKjLJxacQGzfUnk6dqj1Sg8M8GDP8XYbL-NjnldLKhgYo5uBx609Dkkge7qs5OTUuCbJmHZ4Dr-rgoJgDXK3wQwtXBBhNbubu8Ix2aUKhWwZggX_7paYt1eD1zJcLmCP9MJYm73jhPhsq1d3nMv1k403-6I0Uk459Mt_Ov3kYTJVnHVjwccQ5k5L_n6fArwBjhnu6Mr0hAlyFvN7Ssi\" rel=\"nofollow\" target=\"_blank\"><strong>LinkedIn<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4idBdUjY1OMhEP0XfLA9dD5_zsxORiprngI2dHbrJZjIPWD6PC9nkq5ss2Io82rAzwGXw21Jm6P7ALQtEIbBsmPrc7piqo74GBFrEDhw2MINiFax1nYk_bxIMOGhAwBighPlelLqcTMievEiCL_rpiCvniM_NdlLl0NaqNLLUNzgLH9v2WPermregnKbLwrpES78uu3sxiJzn1AuIadO_w==\" rel=\"nofollow\" target=\"_blank\"><strong>X<\/strong><\/a>.<\/p>\n<p>\n        <strong>Safe Harbor Warning<\/strong>\n      <\/p>\n<p>Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties, such as estimates or projections of future revenue, earnings and non-recurring charges, and the growth of the biometrics markets. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements.<\/p>\n<p>Risk factors related to our business include, but are not limited to: i) the changes we are implementing in our business to drive growth in our business may not be successful on the timeline we expect, or at all; ii) our operating results may fluctuate significantly and are difficult to predict; iii) we derive a significant portion of our revenue from government customers, and our business may be adversely affected by changes in the contracting or fiscal policies of those governmental entities; iv) a significant commercial market for biometrics technology may not develop, and if it does, we may not be successful in that market; v) we derive a significant portion of our revenue from third party channel partners; vi) the biometrics market may not experience significant growth or our products may not achieve broad acceptance; vii) we face intense competition from other biometrics solution providers; viii) our business is subject to rapid technological change; ix) our software products may have errors, defects or bugs which could harm our business; x) our business may be adversely affected by our use of open source software; xi) we rely on third party software to develop and provide our solutions and significant defects in third party software could harm our business; xii) part of our future business is dependent on market demand for, and acceptance of, the cloud-based model for the use of software: xiii) our operational systems and networks and products may be subject to an increasing risk of continually evolving cybersecurity or other technological risks which could result in the disclosure of company or customer confidential information, damage to our reputation, additional costs, regulatory penalties and financial losses; xiv) our intellectual property is subject to limited protection; xv) we may be sued by third parties for alleged infringement of their proprietary rights; xvi) we must attract and retain key personnel; xvii) our business may be affected by government regulations, government cost cutting initiatives and adverse economic conditions; and xviii) we may make acquisitions that could adversely affect our results, and xix) we may have additional tax liabilities.<\/p>\n<p>We refer you to the documents Aware files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in our annual report on Form 10-K for the fiscal year ended December 31, 2025 and other reports and filings made with the Securities and Exchange Commission.<\/p>\n<p>\n        \n      <\/p>\n<p align=\"center\">\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"9\" style=\"width:99.9764%;text-align: center;vertical-align: middle\">\n            <strong>AWARE, INC.<br \/>CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS<br \/>(In thousands, except per share data)<br \/> (unaudited)<br \/><\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%\">\u00a0<\/td>\n<td style=\"width:0.495283%\">\u00a0<\/td>\n<td colspan=\"6\" style=\"width:28.5849%\">\u00a0<\/td>\n<td style=\"width:1.41509%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"6\" style=\"width:28.5849%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Three Months Ended<\/strong><br \/>\n            <br \/>\n            <strong>March\u00a031,<\/strong>\n          <\/td>\n<td style=\"width:1.41509%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2026<\/strong>\n          <\/td>\n<td style=\"width:1.69811%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2025<\/strong>\n          <\/td>\n<td style=\"width:1.41509%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Revenue:<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.41509%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Software licenses<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,031<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,316<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Software maintenance<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">2,068<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">2,106<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Services and other<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">287<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">186<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: top\">Total revenue<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,386<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,608<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.41509%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Costs and expenses:<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.41509%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Cost of revenue<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">334<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">173<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Research and development<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">3,223<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,922<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Selling and marketing<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,824<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,663<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">General and administrative<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">1,655<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">1,702<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: top\">Total costs and expenses<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">7,036<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">5,460<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Operating loss<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,650<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">)<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,852<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Interest income<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">200<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">261<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Loss before provision for income taxes<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,450<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">)<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,591<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Provision for income taxes<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">8<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">7<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Net loss<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,458<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">)<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,598<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Other comprehensive (loss) income, net of tax:<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.1604%;border-top: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.41509%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Unrealized (loss) gain on available-for-sale securities<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(62<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">)<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">44<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Comprehensive loss<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,520<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">)<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;border-top: solid black 1pt;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,554<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Net loss per share \u2013 basic<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;border-top: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.16<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">)<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;border-top: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;border-top: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.08<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Net loss per share \u2013 diluted<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.16<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">)<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">$<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">(0.08<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Weighted-average shares \u2013 basic<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">21,593<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">21,267<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%;vertical-align: top\">Weighted-average shares \u2013 diluted<\/td>\n<td style=\"width:0.495283%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">21,593<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:0.566038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.40566%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:10.7547%;text-align: right;vertical-align: middle;vertical-align: bottom\">21,267<\/td>\n<td style=\"width:1.41509%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:69.4811%\">\u00a0<\/td>\n<td style=\"width:0.495283%\">\u00a0<\/td>\n<td style=\"width:2.40566%\">\u00a0<\/td>\n<td style=\"width:10.7547%\">\u00a0<\/td>\n<td style=\"width:1.69811%\">\u00a0<\/td>\n<td style=\"width:0.566038%\">\u00a0<\/td>\n<td style=\"width:2.40566%\">\u00a0<\/td>\n<td style=\"width:10.7547%\">\u00a0<\/td>\n<td style=\"width:1.41509%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" style=\"width:99.9764%;text-align: center;vertical-align: middle\">\n            <em>Prior-period amounts have been reclassified to conform to the current period presentation.<\/em>\n          <\/td>\n<\/tr>\n<\/table>\n<\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"9\" style=\"width:100.047%;text-align: center;vertical-align: middle\">\n            <strong>A<\/strong><br \/>\n            <strong>WARE, INC.<\/strong><br \/>\n            <br \/>\n            <strong>CONDENSED CONSOLIDATED BALANCE SHEETS<\/strong><br \/>\n            <br \/>\n            <strong>(In thousands)<\/strong><br \/>\n            <br \/>\n            <strong>(unaudited)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%\">\u00a0<\/td>\n<td style=\"width:1.34434%\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.8679%\">\u00a0<\/td>\n<td style=\"width:1.48585%\">\u00a0<\/td>\n<td style=\"width:1.34434%\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:19.316%\">\u00a0<\/td>\n<td style=\"width:1.48585%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.8679%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>March\u00a031,<\/strong><br \/>\n            <br \/>\n            <strong>2026<\/strong>\n          <\/td>\n<td style=\"width:1.48585%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:19.316%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>December\u00a031,<\/strong><br \/>\n            <br \/>\n            <strong>2025<\/strong>\n          <\/td>\n<td style=\"width:1.48585%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: top\">\n            <strong>ASSETS<\/strong>\n          <\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.8679%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:19.316%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Cash and cash equivalents<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">$<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">4,576<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">7,269<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Marketable securities<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">14,998<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">15,026<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Accounts and unbilled receivables, net<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">3,418<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">4,358<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Property and equipment, net<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">427<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">477<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Goodwill and intangible assets, net<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">4,600<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">4,689<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Right of use assets<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">3,556<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">3,642<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">All other assets, net<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,625<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,734<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.8679%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:19.316%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: top\">Total assets<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:11.3208%;border-top: solid black 1pt;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">33,200<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;border-top: solid black 1pt;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.7783%;border-top: solid black 1pt;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">37,195<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.8679%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:19.316%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: top\">\n            <strong>LIABILITIES AND STOCKHOLDERS\u2019 EQUITY<\/strong>\n          <\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.8679%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:19.316%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Accounts payable and accrued expenses<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">$<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,847<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">1,975<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Deferred revenue<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">4,576<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">5,115<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Operating lease liability<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;text-align: right;vertical-align: middle;vertical-align: bottom\">3,891<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;text-align: right;vertical-align: middle;vertical-align: bottom\">3,968<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Total stockholders\u2019 equity<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:11.3208%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">22,886<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.7783%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">26,137<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:13.8679%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:19.316%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.48585%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:61.2028%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Total liabilities and stockholders\u2019 equity<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.54717%;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:11.3208%;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">33,200<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.34434%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.53774%;border-bottom: double black 3pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.7783%;border-bottom: double black 3pt;text-align: right;vertical-align: middle;vertical-align: bottom\">37,195<\/td>\n<td style=\"width:1.48585%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\n        <strong><br \/>\n          <br \/>Non-GAAP Measures<\/strong><br \/>\n        <br \/>We define adjusted EBITDA as U.S. GAAP net loss plus depreciation of fixed assets and amortization of intangible assets, stock-based compensation expenses, other (expense) income, net, and income tax provision. We discuss adjusted EBITDA in our quarterly earnings releases and certain other communications, as we believe adjusted EBITDA is an important measure.\u00a0 We use adjusted EBITDA in internal forecasts and models when establishing internal operating budgets, supplementing the financial results and forecasts reported to our Board of Directors, and evaluating short-term and long-term operating trends in our operations. We believe that the adjusted EBITDA financial measure assists in providing an enhanced understanding of our underlying operational measures to manage the business, to evaluate performance compared to prior periods and the marketplace, and to establish operational goals. We believe that the adjusted EBITDA adjustments are useful to investors because they allow investors to evaluate the effectiveness of the methodology and information used by management in our financial and operational decision-making.<\/p>\n<p>We define recurring revenue as the portion of Aware revenue that is based on a term arrangement and is likely to continue in the future, such as annual maintenance or subscription contracts. We use recurring revenue as a metric to communicate the portion of our revenue that has greater stability and predictability. We believe that recurring revenue assists in providing an enhanced understanding of effectiveness of our efforts to transition to a subscription-based business model.<\/p>\n<p>Adjusted EBITDA and recurring revenue are non-GAAP financial measures and should not be considered in isolation or as a substitute for financial information provided in accordance with U.S. GAAP. These non-GAAP financial measures may not be computed in the same manner as similarly titled measures used by other companies. We expect to continue to incur expenses similar to the financial adjustments described above in arriving at adjusted EBITDA and investors should not infer from our presentation of this non-GAAP financial measure that these costs are unusual, infrequent or non-recurring. The following table includes the reconciliations of our U.S. GAAP net loss, the most directly comparable U.S. GAAP financial measure, to our adjusted EBITDA for the three months ended March 31, 2026 and 2025 and our U.S. GAAP revenue, the most directly comparable U.S. GAAP financial measure, to our recurring revenue for the three months ended March 31, 2026 and 2025.<\/p>\n<p>\n        \n      <\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"9\" style=\"width:99.9057%;text-align: center;vertical-align: middle\">\n            <strong>A<\/strong><br \/>\n            <strong>WARE, INC.<\/strong><br \/>\n            <br \/>\n            <strong>Reconciliation of GAAP Net loss to Adjusted EBITDA<\/strong><br \/>\n            <br \/>\n            <strong>(In thousands)<\/strong><br \/>\n            <br \/>\n            <strong>(unaudited)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%\">\u00a0<\/td>\n<td style=\"width:4.95283%\">\u00a0<\/td>\n<td colspan=\"6\" style=\"width:39.4104%\">\u00a0<\/td>\n<td style=\"width:1.91038%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.95283%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"6\" style=\"width:39.4104%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Three Months Ended<\/strong>\n          <\/td>\n<td style=\"width:1.91038%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.95283%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:17.9009%;border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>March\u00a031,<\/strong>\n          <\/td>\n<td style=\"width:1.91038%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:17.9009%;border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>March\u00a031,<\/strong>\n          <\/td>\n<td style=\"width:1.91038%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.95283%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:17.9009%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2026<\/strong>\n          <\/td>\n<td style=\"width:1.91038%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:17.9009%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2025<\/strong>\n          <\/td>\n<td style=\"width:1.91038%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Net loss<\/td>\n<td style=\"width:4.95283%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:3.46698%;border-top: solid black 1pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:14.434%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,458<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">)<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.46698%;border-top: solid black 1pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:14.434%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,598<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Depreciation and amortization<\/td>\n<td style=\"width:4.95283%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:3.46698%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;text-align: right;vertical-align: middle;vertical-align: bottom\">139<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.46698%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;text-align: right;vertical-align: middle;vertical-align: bottom\">144<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Stock based compensation<\/td>\n<td style=\"width:4.95283%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:3.46698%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;text-align: right;vertical-align: middle;vertical-align: bottom\">269<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.46698%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;text-align: right;vertical-align: middle;vertical-align: bottom\">180<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Interest income<\/td>\n<td style=\"width:4.95283%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:3.46698%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;text-align: right;vertical-align: middle;vertical-align: bottom\">(200<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">)<\/td>\n<td style=\"width:1.69811%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.46698%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;text-align: right;vertical-align: middle;vertical-align: bottom\">(261<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Provision for income taxes<\/td>\n<td style=\"width:4.95283%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:3.46698%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">8<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.69811%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.46698%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:14.434%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">7<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:53.6321%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Adjusted EBITDA loss<\/td>\n<td style=\"width:4.95283%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:3.46698%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:14.434%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(3,242<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">)<\/td>\n<td style=\"width:1.69811%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:3.46698%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:14.434%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">(1,528<\/td>\n<td style=\"width:1.91038%;vertical-align: bottom\">)<\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<p>\n        \n      <\/p>\n<table align=\"center\" style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td colspan=\"9\" style=\"width:100.023%;text-align: center;vertical-align: middle\">\n            <strong>A<\/strong><br \/>\n            <strong>WARE, INC.<\/strong><br \/>\n            <br \/>\n            <strong>Revenue Breakout<\/strong><br \/>\n            <br \/>\n            <strong>(In thousands)<\/strong><br \/>\n            <br \/>\n            <strong>(unaudited)<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%\">\u00a0<\/td>\n<td style=\"width:1.87153%\">\u00a0<\/td>\n<td colspan=\"6\" style=\"width:44.189%\">\u00a0<\/td>\n<td style=\"width:2.18346%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"6\" style=\"width:44.189%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>Three Months Ended<\/strong>\n          <\/td>\n<td style=\"width:2.18346%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>March\u00a031,<\/strong>\n          <\/td>\n<td style=\"width:2.18346%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;border-top: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>March\u00a031,<\/strong>\n          <\/td>\n<td style=\"width:2.18346%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2026<\/strong>\n          <\/td>\n<td style=\"width:2.18346%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: bottom\">\n            <strong>2025<\/strong>\n          <\/td>\n<td style=\"width:2.18346%;text-align: center;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: top\">Recurring revenue:<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.18346%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.18346%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Software subscriptions<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.8041%;text-align: right;vertical-align: middle;vertical-align: bottom\">669<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.8041%;text-align: right;vertical-align: middle;vertical-align: bottom\">531<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Software maintenance<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;text-align: right;vertical-align: middle;vertical-align: bottom\">2,068<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;text-align: right;vertical-align: middle;vertical-align: bottom\">2,106<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Services and other<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">148<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">47<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: top\">Total recurring revenue<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">2,885<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">2,684<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: top\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.18346%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.18346%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: top\">Non-recurring revenue:<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.18346%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td colspan=\"2\" style=\"width:20.067%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:2.18346%;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Software licenses<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;text-align: right;vertical-align: middle;vertical-align: bottom\">362<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;text-align: right;vertical-align: middle;vertical-align: bottom\">785<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: middle;text-align: left;padding-left: 15.0px;vertical-align: top\">Services and other<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">139<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">139<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: top\">Total non-recurring revenue<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">501<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:15.8041%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">924<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%;vertical-align: top\">Total revenue<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.8041%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,386<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:1.87153%;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:4.26294%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: bottom\">$<\/td>\n<td style=\"width:15.8041%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3,608<\/td>\n<td style=\"width:2.18346%;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"width:51.7791%\">\u00a0<\/td>\n<td style=\"width:1.87153%\">\u00a0<\/td>\n<td style=\"width:4.26294%\">\u00a0<\/td>\n<td style=\"width:15.8041%\">\u00a0<\/td>\n<td style=\"width:2.18346%\">\u00a0<\/td>\n<td style=\"width:1.87153%\">\u00a0<\/td>\n<td style=\"width:4.26294%\">\u00a0<\/td>\n<td style=\"width:15.8041%\">\u00a0<\/td>\n<td style=\"width:2.18346%\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\" style=\"width:100.023%;text-align: center;vertical-align: middle\">\n            <em>Prior-period amounts have been reclassified to conform to the current period presentation.<\/em>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <em><br \/>\n          <br \/>\n        <\/em>\n      <\/p>\n<p align=\"center\">\n        <em>Aware is a registered trademark of Aware, Inc.<\/em>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"vertical-align: top\">\n            <strong>Company Contact<\/strong><br \/>\n            <br \/>Delaney Gembis<br \/>Aware, Inc.<br \/>781-687-0300<br \/><a href=\"mailto:Marketing@Aware.com\" rel=\"nofollow\" target=\"_blank\">Marketing@Aware.com<\/a><\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\n            <strong>Investor Contact<\/strong><br \/>\n            <br \/>David Traverse<br \/>Aware, Inc.<br \/>781-687-0300<br \/><a href=\"mailto:IR@Aware.com\" rel=\"nofollow\" target=\"_blank\">IR@Aware.com<\/a><\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        \n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ODBjOGUxNTctNGVmNy00ZDQ1LWJjMzItNjIwZGQ2ZGJkYWFkLTExMDY2MjUtMjAyNi0wNC0yOS1lbg==\/tiny\/Aware-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BURLINGTON, Mass., April 29, 2026 (GLOBE NEWSWIRE) &#8212; Aware, Inc. (NASDAQ: AWRE), a global leader in biometric identity and authentication solutions, today reported financial results for the first quarter ended March 31, 2026. \u00a0First Quarter 2026 and Financial Recent Operational Highlights Delivered strong performance in the DHS Remote Identity Validation Rally, Track 3, where Aware\u2019s Intelligent Liveness demonstrated the ability to stop sophisticated attack vectors while maintaining a high-quality user experience. Revenue was $3.4 million, compared to $3.6 million in the first quarter of 2025. Operating expenses were $7.0 million, including approximately $0.7 million of one-time severance costs related to a workforce reduction aligned with our strategic transition from a product-focused model to a platform-driven company, compared to $5.5 million &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Aware Reports First Quarter Financial Results&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-956087","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Aware Reports First Quarter Financial Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aware Reports First Quarter Financial Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BURLINGTON, Mass., April 29, 2026 (GLOBE NEWSWIRE) &#8212; Aware, Inc. (NASDAQ: AWRE), a global leader in biometric identity and authentication solutions, today reported financial results for the first quarter ended March 31, 2026. \u00a0First Quarter 2026 and Financial Recent Operational Highlights Delivered strong performance in the DHS Remote Identity Validation Rally, Track 3, where Aware\u2019s Intelligent Liveness demonstrated the ability to stop sophisticated attack vectors while maintaining a high-quality user experience. Revenue was $3.4 million, compared to $3.6 million in the first quarter of 2025. Operating expenses were $7.0 million, including approximately $0.7 million of one-time severance costs related to a workforce reduction aligned with our strategic transition from a product-focused model to a platform-driven company, compared to $5.5 million &hellip; Continue reading &quot;Aware Reports First Quarter Financial Results&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-29T20:03:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Aware Reports First Quarter Financial Results\",\"datePublished\":\"2026-04-29T20:03:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/\"},\"wordCount\":1729,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/\",\"name\":\"Aware Reports First Quarter Financial Results - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=\",\"datePublished\":\"2026-04-29T20:03:44+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aware-reports-first-quarter-financial-results\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Aware Reports First Quarter Financial Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Aware Reports First Quarter Financial Results - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/","og_locale":"en_US","og_type":"article","og_title":"Aware Reports First Quarter Financial Results - Market Newsdesk","og_description":"BURLINGTON, Mass., April 29, 2026 (GLOBE NEWSWIRE) &#8212; Aware, Inc. (NASDAQ: AWRE), a global leader in biometric identity and authentication solutions, today reported financial results for the first quarter ended March 31, 2026. \u00a0First Quarter 2026 and Financial Recent Operational Highlights Delivered strong performance in the DHS Remote Identity Validation Rally, Track 3, where Aware\u2019s Intelligent Liveness demonstrated the ability to stop sophisticated attack vectors while maintaining a high-quality user experience. Revenue was $3.4 million, compared to $3.6 million in the first quarter of 2025. Operating expenses were $7.0 million, including approximately $0.7 million of one-time severance costs related to a workforce reduction aligned with our strategic transition from a product-focused model to a platform-driven company, compared to $5.5 million &hellip; Continue reading \"Aware Reports First Quarter Financial Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-29T20:03:44+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Aware Reports First Quarter Financial Results","datePublished":"2026-04-29T20:03:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/"},"wordCount":1729,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/","name":"Aware Reports First Quarter Financial Results - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=","datePublished":"2026-04-29T20:03:44+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTcwOTQ4NiM3NTcxOTYxIzIwOTUwNTQ="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/aware-reports-first-quarter-financial-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Aware Reports First Quarter Financial Results"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/956087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=956087"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/956087\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=956087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=956087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=956087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}