John Basler

John Bassler

Nat Stewart

- Aware, Inc. (AWRE) reported **Q3 2025 revenue of $5.1 million**, a **33% year-over-year increase**, primarily driven by a **$1 million perpetual license expansion sale** and a **$600,000 new term license contract**.  **[0001015739_2212851_3]** 
- The company improved its Q3 2025 bottom line, reporting a **net loss of $1.1 million** ($0.05 per diluted share) and an **Adjusted EBITDA loss of $800,000**, both improvements compared to the prior year quarter.  **[0001015739_2212851_3]**  Aware ended the quarter with **$22.5 million in cash, cash equivalents, and marketable securities** and no debt.  **[0001015739_2212851_3]** 
- Aware is executing a three-pronged transformation strategy focused on advancing core biometric technology, strengthening its go-to-market model, and deepening strategic relationships, highlighted by its face verification stack earning **FIDO Alliance certification**.  **[0001015739_2212851_1]** **[0001015739_2212851_2]** 
- Management noted that near-term quarterly results may fluctuate due to the timing of customer decisions and license mix, and that the federal shutdown has slowed appropriations, potentially delaying some federal programs into FY2026.  **[0001015739_2212851_1]** **[0001015739_2212851_3]** **[0001015739_2212851_6]**

Aware, Inc. Announces Q3 2025 Results

- Aware, Inc. reported **Q3 2025 revenue** of **$5.1 million**, representing a **33% increase** year-over-year.  **[1015739_0001193125-25-256334_awre-ex99_1.htm:0]** **[1015739_0001193125-25-256334_awre-ex99_1.htm:1]** 
- The company's **net loss improved** to **$1.1 million**, or **$(0.05) per diluted share**, in Q3 2025, compared to a net loss of **$1.2 million**, or **$(0.06) per diluted share**, in the prior year period.  **[1015739_0001193125-25-256334_awre-ex99_1.htm:0]** **[1015739_0001193125-25-256334_awre-ex99_1.htm:1]** **[1015739_0001193125-25-256334_awre-ex99_1.htm:3]**  **Adjusted EBITDA loss** also improved to **$0.8 million** from **$1.1 million** year-over-year.  **[1015739_0001193125-25-256334_awre-ex99_1.htm:0]** **[1015739_0001193125-25-256334_awre-ex99_1.htm:1]** **[1015739_0001193125-25-256334_awre-ex99_1.htm:4]** 
- For the nine months ended September 30, 2025, revenue was **$12.6 million**, with a **net loss** of **$4.4 million** or **$(0.21) per diluted share**.  **[1015739_0001193125-25-256334_awre-ex99_1.htm:1]** **[1015739_0001193125-25-256334_awre-ex99_1.htm:3]** 
- Operationally, Aware achieved **FIDO Alliance Certification for Face Verification** in October and launched **Intelligent Liveness**, expanding engagement with a major U.S. federal agency and adding a new financial services customer.  **[1015739_0001193125-25-256334_awre-ex99_1.htm:0]** 
- As of September 30, 2025, cash, cash equivalents, and marketable securities totaled **$22.5 million**.  **[1015739_0001193125-25-256334_awre-ex99_1.htm:1]**

Aware, Inc. Reports Strong Q3 2025 Revenue Growth and Improved Net Loss

- Aware, Inc. reported **third quarter 2025 revenue of $5.1 million**, representing a **33% year-over-year increase**.  **[1015739_c4cd286f130f44e9b7e9f5174f2a8376_0]** **[1015739_c4cd286f130f44e9b7e9f5174f2a8376_1]** 
- The company's **net loss improved to $1.1 million** and **Adjusted EBITDA loss improved to $0.8 million** for the third quarter of 2025, compared to $1.2 million and $1.1 million respectively in the prior year period.  **[1015739_c4cd286f130f44e9b7e9f5174f2a8376_0]** **[1015739_c4cd286f130f44e9b7e9f5174f2a8376_1]** 
- For the nine months ended September 30, 2025, **revenue was $12.6 million**, while **net loss totaled $4.4 million**.  **[1015739_c4cd286f130f44e9b7e9f5174f2a8376_1]** **[1015739_c4cd286f130f44e9b7e9f5174f2a8376_2]** 
- Key operational highlights include achieving **FIDO Alliance Certification for Face Verification** and launching **Intelligent Liveness**.  **[1015739_c4cd286f130f44e9b7e9f5174f2a8376_0]**

AWARE INC /MA/ (AWRE)