Aware Inc
aware.comWhat Do They Do?
Sells biometric software and services for government agencies and commercial enterprises to enroll, identify, authenticate and manage identities.
10-K for FY2025, filed Mar 6, 2026Aware, Inc. (“Aware”, “we”, “us”, “our”, or the “Company”) is a leading, biometric identification company that validates and secures…View ↗
Our comprehensive portfolio of biometric solutions is based on innovative, robust products designed explicitly for ease of integration…View ↗
Our products span multiple biometric modalities, including fingerprint, face, iris and voice, and provide interoperable…View ↗
How Do They Make Money?
Customers buy biometric and imaging software licenses for a fixed fee when delivered; maintenance and hosted software bring fees over contract periods, while usage-based charges accrue as customers use them.
10-K for FY2025, filed Mar 6, 2026Software licenses consist of revenue from the licensing of software for biometrics and imaging applications. Our software licenses are…View ↗
Software maintenance consists of revenue from the software maintenance contracts for biometrics and imaging software. Software maintenance…View ↗
Also, with the adaptation of our current products to be delivered in a hosted environment with AwareID, we recognize revenue from our SaaS…View ↗
The transaction price is determined based on the consideration we expect to be entitled in exchange for transferring promised goods and…View ↗
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10-K for FY2025, filed Mar 6, 2026
FY2025 revenue by product or service ↗
$17.3M
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10-K for FY2025, filed Mar 6, 2026
$17.3M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Software licenses
Sold outright
10-K for FY2025, filed Mar 6, 2026 |
74%
FY2022: 81%
|
Software licenses, FY2025
$12.8M Sources
|
Sold outright |
|
Subscription-based Contracts
Mix
10-K for FY2025, filed Mar 6, 2026 |
26%
FY2022: 19%
|
Subscription-based Contracts, FY2025
$4.5M Sources
|
Mix |
Who Are Their Customers?
Government agencies and large enterprise customers buy directly; systems integrators, resellers, distributors and OEM partners sell, deploy or incorporate Aware's products for end users.
10-K for FY2025, filed Mar 6, 2026Partner sales – This category includes resellers that market and sell Aware-branded solutions to end users. Additionally, this category…View ↗
Direct channel – We sell directly to federal, state, and local government agencies, as well as large enterprise customers in both the…View ↗
OEM Partnerships – System integrators, ISVs, MSPs, and hardware vendors that integrate our biometric components and SDKs into their…View ↗
Do Revenues Turn Into Profits?
No. It lost $5.9M in FY2025.
10-K for FY2025, filed Mar 6, 2026
−$6.6MView ↗
10-K for FY2025, filed Mar 6, 2026
−$5.9MView ↗
10-K for FY2025, filed Mar 6, 2026
−$5.6MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Jul 31, 2026
−$2.6MView ↗
- ▲ +45% (Loss)
- vs −$1.8M in Q2 FY2025
10-Q for Q2 FY2026, filed Jul 31, 2026
Open tableView ↗
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Jul 29, 2026
Adds ROC and Mitek technology partners to the Awareness Platform
The partners expand matching, identity verification and liveness capabilities available through the platform.
Sources
8-K, filed Jul 29, 2026
Welcomed ROC and Mitek as integrated technology partners to the Awareness Platform, expanding matching, identity verification and liveness…View ↗
Flat. Revenue was $17.3M in FY2025, about the same as the $16.9M of FY2021.
SaaS offering packaging
The earlier report described AwareID as a SaaS offering; the latest presents it as the SaaS component of AwareSDK, alongside the framework's term and perpetual licenses.
10-K for FY2022, filed Mar 15, 2023 10-K for FY2025, filed Mar 6, 2026
Who Do They Compete With?
Competes with Idemia, Thales, NEC, FaceTec, iProov, and Innovatrics
10-K for FY2025, filed Mar 6, 2026Diversified technology providers that offer integrated biometrics solutions to governments, law enforcement agencies and other commercial…View ↗
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