Company: AWRE
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0000950170-25-038714
Chunk: 51

Company: AWARE INC /MA/
Filing Date: 2025-03-13
Form: 10-K
Item: Item 5
Chunk 51
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    66

    237

    Loss on write-off of note receivable

    -

    2,695

    Change in fair value of contingent acquisition payments

    -

    (812
    )

    Credit losses (recoveries)

    74

    (15
    )

    Increase (decrease) from changes in assets and liabilities:

    Accounts receivable

    (542
    )

    648

    Unbilled receivables

    321

    1,758

    Prepaid expenses and other current assets

    (253
    )

    (613
    )

    Tax receivable

    (68
    )

    1,361

    Accounts payable

    614

    (359
    )

    Accrued expenses

    (261
    )

    422

    Deferred revenue

    (375
    )

    1,805

    Net cash (used in) provided by operating activities

    (3,161
    )

    1,823

    Cash flows from investing activities:

    Purchases of property and equipment

    (45
    )

    (16
    )

    Purchases of marketable securities

    (5,139
    )

    (9,128
    )

    Sale of marketable securities

    11,474

    6,000

    Net cash provided by (used in) investing activities

    6,290

    (3,144
    )

    Cash flows from financing activities:

    Proceeds from issuance of unrestricted stock

    74

    96

    Payments made for taxes of employees who surrendered   shares related to unrestricted stock

    (26
    )

    (16
    )

    Repurchase of common stock

    (207
    )

    (506
    )

    Net cash used in financing activities

    (159
    )

    (426
    )

    Increase (decrease) in cash and cash equivalents

    2,970

    (1,747
    )

    Cash and cash equivalents, beginning of year

    10,002

    11,749

    Cash and cash equivalents, end of year
     
    $
    12,972

    $
    10,002

    Supplemental disclosure:

    Cash paid for income taxes
     
    $
    172

    $
    136

The accompanying notes are an