Company: AWRE
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0000950170-25-038714
Chunk: 49

Company: AWARE INC /MA/
Filing Date: 2025-03-13
Form: 10-K
Item: Item 5
Chunk 49
---
    Accrued expenses

    1,447

    1,706

    Current portion of operating lease liabilities

    656

    637

    Deferred revenue

    4,867

    4,926

    Total current liabilities

    7,864

    7,549

    Long-term deferred revenue

    296

    611

    Long-term operating lease liabilities

    3,588

    3,838

    Total long-term liabilities

    3,884

    4,449

    Commitments and contingent liabilities (Note 10)

    Stockholders’ equity:

    Preferred stock, $1.00 par value; 1,000,000 shares authorized,   none outstanding

    —

    —

    Common stock, $.01 par value; 70,000,000 shares   authorized; 21,096,580 and 21,018,162 shares   issued and outstanding as of December 31,   2024 and 2023, respectively

    211

    210

    Additional paid-in capital

    100,377

    99,405

    Accumulated deficit

    (69,943
    )

    (65,512
    )

    Accumulated other comprehensive income

    251

    195

    Total stockholders’ equity

    30,896

    34,298

    Total liabilities and stockholders’ equity
     
    $
    42,644

    $
    46,296

The accompanying notes are an integral part of the consolidated financial statements.

28

AWARE, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS and COMPREHENSIVE LOSS

(in thousands, except per share data)

    Year ended December 31,

    2024

    2023

    Revenue:

    Software licenses
     
    $
    7,779

    $
    9,529

    Software maintenance

    8,577

    7,674

    Services and other

    1,033

    1,041

    Total revenue

    17,389

    18,244

    Costs and expenses:

    Cost of services and other

    1,132

    1,273

    Research and development

    7,757

    9,124