Aware, StratiPHY, and Dr. DSL are trademarks or registered trademarks of Aware, Inc.
AWARE, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
(unaudited)
Three Months Ended
March 31,
2009 2008
Revenue:
Product sales $2,819 $3,924
Contract revenue 1,277 1,521
Royalties 477 431
Total revenue 4,573 5,876
Costs and expenses:
Cost of product sales (1) 513 824
Cost of contract revenue (1) 908 1,018
Research and development (1) 3,111 3,528
Selling and marketing (1) 1,081 969
General and administrative (1) 1,213 1,193
Total costs and expenses 6,826 7,532
Net loss from operations (2,253) (1,656)
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