Company: AWRE
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0000950170-25-038714
Chunk: 103

Company: AWARE INC /MA/
Filing Date: 2025-03-13
Form: 10-K
Item: Item 8
Chunk 103
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    (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 integral part of the consolidated financial statements.

30

AWARE, INC.

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY

(in thousands)

    Additional

    Accumulated Other

    Total

    Common Stock

    Paid-In

    Accumulated

    Comprehensive

    Stockholders’

    Shares

    Amount

    Capital

    Deficit

    Income (Loss)

    Equity

    Balance at December 31, 2022

    21,093

    $
    211

    $
    98,306