AI brief of an SEC Form 8-K · AWARE INC /MA/ (AWRE)

Aware Q3 revenue falls to $4.4 million; net loss narrows to $0.8 million

Mixed Impact 3 of 5 earnings Written later

Aware, Inc. reported third-quarter 2026 results, with revenue of $4.4 million, down from $5.1 million a year earlier, while the net loss narrowed to $0.8 million, or $0.04 per diluted share, from $1.1 million. For the nine months, revenue fell to $11.1 million from $12.6 million and the net loss widened to $6.8 million from $4.4 million, and the company ended the quarter with about $15.4 million in cash, marketable securities and no debt.

Key points

  • Q3 2026 revenue was $4.4 million versus $5.1 million in Q3 2025; recurring revenue rose to about $4.0 million from about $3.6 million.
  • Q3 operating expenses fell to $5.4 million from $6.4 million, reflecting cost-reduction actions taken earlier in 2026 that are expected to save about $4.0 million annualized.
  • Nine-month net loss was $6.8 million, or $0.31 per diluted share, versus $4.4 million, or $0.21 per share, a year earlier; the period includes about $0.7 million of one-time severance costs.
  • Aware ended September 30, 2026 with about $15.4 million in cash, cash equivalents and marketable securities and no debt.

The filing

CompanyAWARE INC /MA/ (AWRE)
Form8-K, current report
Filed with the SECOct 28, 2026, 4:12 PM ET
Accession number0001193125-26-436157

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 28, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.