AWARE INC /MA/
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $17.3M | $17.4M | $18.2M | $16.0M | $16.9M |
| Cost of revenue | $1.3M | $835,000 | $1.3M | $1.3M | $1.2M |
| Research and development | $8.3M | $7.8M | $9.1M | $9.2M | $9.3M |
| Operating income | -$6.6M | -$5.5M | -$8.5M | -$2.2M | -$6.1M |
| Pretax income | -$5.6M | -$4.4M | -$7.3M | -$1.7M | -$6.1M |
| Income tax expense | $257,000 | $53,000 | $59,000 | $49,000 | -$269,000 |
| Net income | -$5.9M | -$4.4M | -$7.3M | -$1.7M | -$5.8M |
| Balance Sheet | |||||
| Cash and equivalents | $7.3M | $13.0M | $10.0M | $11.7M | $30.0M |
| Current assets | $28.3M | $33.0M | $35.8M | $37.3M | $38.8M |
| Total assets | $37.2M | $42.6M | $46.3M | $51.2M | $48.4M |
| Current liabilities | $7.5M | $7.9M | $7.5M | $5.8M | $5.7M |
| Stockholders' equity | $26.1M | $30.9M | $34.3M | $40.2M | $41.5M |
| Cash Flow Statement | |||||
| Cash from operations | -$5.4M | -$3.2M | $1.8M | -$5.0M | -$6.2M |
| Depreciation and amortization | $572,000 | $562,000 | $578,000 | $760,000 | $687,000 |
| Stock-based compensation | $1.2M | $1.1M | $1.5M | $1.7M | $1.6M |
| Capital expenditure | $165,000 | $45,000 | $16,000 | $730,000 | $27,000 |
| Free cash flow | -$5.6M | -$3.2M | $1.8M | -$5.8M | -$6.3M |
| Dividends paid | $0 | $0 | $0 | — | — |
| Share repurchases | $115,000 | $207,000 | $506,000 | $1.3M | — |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 21.6M · Free float 61.9%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.