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AWRE Aware

Aware, Inc. engages in the provision of software and services to the biometrics services. Its products are used in government and commercial biometrics systems, which are capable of determining or verifying an individual's identity. The firm also provides interoperable, standards-compliant, field-proven biometric functionality and are used to capture, verify, format, compress and decompress biometric images as well as aggregate, analyses, process and transport those images within biometric systems. The company was founded in 1986 and is headquartered in Bedford, MA.

Company profile

Ticker
AWRE
Exchange
Website
CEO
Robert A. Eckel
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
42911026

AWRE stock data

(
)

Calendar

17 Feb 21
11 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Aware earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 38.57M 38.57M 38.57M 38.57M 38.57M 38.57M
Cash burn (monthly) 1.25M 764.75K 618.67K 785.33K 361.33K 439.5K
Cash used (since last report) 4.24M 2.59M 2.1M 2.66M 1.23M 1.49M
Cash remaining 34.32M 35.97M 36.47M 35.9M 37.34M 37.07M
Runway (months of cash) 27.4 47.0 58.9 45.7 103.3 84.4

Beta Read what these cash burn values mean

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
24 Feb 21 David Brian Barcelo Stock Option Common Stock Grant Aquire A No No 4.73 250,000 1.18M 250,000
24 Feb 21 Connolly Brian D Unrestricted Stock Award Common Stock Grant Aquire A No No 0 11,099 0 11,099
24 Feb 21 Eckel Robert A Stock Option Common Stock Grant Aquire A No No 4.73 1,250,000 5.91M 1,250,000
24 Feb 21 Faubert Peter R. Unrestricted Stock Award Common Stock Grant Aquire A No No 0 11,099 0 11,099
24 Feb 21 Mungovan Robert M Stock Option Common Stock Grant Aquire A No No 4.73 280,000 1.32M 280,000

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

37.7% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 26 27 -3.7%
Opened positions 2 2
Closed positions 3 2 +50.0%
Increased positions 8 8
Reduced positions 8 3 +166.7%
13F shares
Current Prev Q Change
Total value 28.34M 17.87M +58.7%
Total shares 8.1M 6.62M +22.4%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
DG Capital Management 1.82M $6.39M -1.3%
Dimensional Fund Advisors 1.66M $5.82M +0.2%
Far View Capital Management 1.26M $4.43M NEW
Punch & Associates Investment Management 927.83K $3.25M 0.0%
Renaissance Technologies 913.16K $3.2M +0.8%
BLK Blackrock 474K $1.66M -1.1%
NTRS Northern Trust 384.78K $1.35M +768.1%
Vanguard 267.45K $937K +41.8%
Bridgeway Capital Management 83.58K $293K -15.2%
CIBC Private Wealth 50K $175K +11.1%
Largest transactions
Shares Bought/sold Change
Far View Capital Management 1.26M +1.26M NEW
NTRS Northern Trust 384.78K +340.46K +768.1%
Ashfield Capital Partners 50K -148.87K -74.9%
Vanguard 267.45K +78.9K +41.8%
GMT Capital 0 -24.6K EXIT
DG Capital Management 1.82M -23.61K -1.3%
Bridgeway Capital Management 83.58K -15K -15.2%
Blair William & Co 23.66K +10.66K +82.0%
Grimes & Company 0 -10.12K EXIT
Renaissance Technologies 913.16K +7.64K +0.8%

Financial report summary

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Competition
Ipsidy
Risks
  • While we expect the impacts of COVID-19 to have an adverse effect on our business, financial condition and results of operations, we are unable to predict the extent or nature of these impacts at this time.
  • Our operating results may fluctuate significantly from period-to-period and are difficult to predict.
  • We derive a significant portion of our revenue directly or indirectly from government customers, and our business may be adversely affected by changes in the contracting or fiscal policies of those governmental entities.
  • A significant commercial market for biometrics technology may not develop, and, even if it does, there can be no assurance our biometrics technology will be successful.
  • We derive a significant portion of our revenue from third party channel partners.
  • If the biometrics market does not experience significant growth or if our products do not achieve broad acceptance both domestically and internationally, we may not be able to grow our business.
  • We face intense competition from other biometrics solutions providers.
  • The biometrics industry is characterized by rapid technological change and evolving industry standards, which could render our existing products obsolete.
  • Our software products may have errors, defects or bugs, which could result in delayed or lost revenue, expensive correction, liability to our customers, and claims against us.
  • Our business may be adversely affected by our use of open source software.
  • We rely on third-party software to develop and provide our solutions and significant defects in third-party software could harm our business.
  • Our operational systems and networks and products may be subject to an increasing risk of continually evolving cybersecurity or other technological risks, which could result in the disclosure of company or customer confidential information, damage to Aware’s reputation, additional costs to Aware, regulatory penalties and financial losses.
  • Our intellectual property is subject to limited protection.
  • If we are unable to attract and retain key personnel, our business could be harmed.
  • Our business may be affected by government laws and regulations.
  • Adverse economic conditions could harm our business.
  • We may not realize the anticipated benefits of our acquisitions.
  • The market price of our common stock has been and may continue to be subject to wide fluctuations, and this may make it difficult for shareholders to resell the common stock when they want or at prices they find attractive.
  • If we are unable to maintain effective internal controls over financial reporting, investors could lose confidence in the reliability of our financial statements, which could result in a decline in the price of our common stock.
  • We must make judgments in the process of preparing our financial statements.
Management Discussion
  • We are primarily engaged in the development and sale of biometrics products, solutions and services. Our software products are used in government and commercial systems and applications and fulfill a broad range of functions critical to secure biometric enrollment, authentication, identification and transactions. Principal government applications of biometrics systems include border control, visa applicant screening, law enforcement, national defense, intelligence, secure credentialing, access control, and background checks. Principal commercial applications include: i) user enrollment and authentication used for login to mobile devices, computers, networks, and software programs; ii) user authentication for financial transactions and purchases (online and in-person); iii) physical access control to buildings; and iv) identity proofing of prospective employees and customers. We sell our biometrics software products and services globally through a multifaceted distribution strategy using systems integrators, OEMs, VARs, partners, and directly to end user customers. We also derive a portion of our revenue from the sale of imaging software licenses to OEMs and systems integrators that incorporate our software into medical imaging products and medical systems.
Content analysis
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Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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