Navigation Links
Aware, Inc. Reports First Quarter 2011 Financial Results
Date:4/26/2011

l and administrative expenses combined to make this one of our more profitable quarters in recent history."

Kevin Russell, Aware's co-chief executive officer and general counsel, added, "In lieu of an earnings conference call this quarter, we have provided additional information regarding our financial results in the following paragraphs."

For the quarter, product revenue grew 9% from $4.7 million in the first quarter of 2010 to $5.1 million this quarter. The rise in product revenue reflects an increase in test and diagnostics hardware and software revenue that was partially offset by slightly lower biometrics software revenue. A major factor driving the product revenue increase was a sale of our LDP software to a European telephone company.

For the quarter, services revenue grew 296% from $209,000 in the first quarter of 2010 to $829,000 this quarter. The rise in services revenue was primarily due to increased revenue from the sale of biometrics services projects.

For the quarter, royalties declined 40% from $756,000 in the first quarter of 2010 to $452,000 this quarter. The decrease in royalties was due to lower royalties reported to us by our DSL chip licensees.

First quarter spending grew 3% from $5.6 million in the first quarter of 2010 to $5.8 million this quarter. The spending increase was primarily due to higher hardware cost of goods sold on higher hardware sales and higher biometrics engineering expenses to support the increase in biometrics services revenue. Spending increases on these items were partially offset by a decline in lower general and administrative expenses as a result of lower legal fees and director and officer compensation.

We had 84 full time employees at March 31, 2011, which is up one person from the end of 2010.  

On September 24, 2010, Aware announced that it was considering a spin-off of its patent licensing operations.  Aware is currently reviewing strategic options with res
'/>"/>

SOURCE Aware, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related biology news :

1. Aware, Inc. Reports Fourth Quarter and 2008 Financial Results
2. Aware, Inc. Commences Dutch Auction Tender Offer
3. Aware, Inc. Commences Dutch Auction Tender Offer
4. Aware, Inc. Amends and Extends Dutch Auction Tender Offer
5. Aware, Inc. Announces Preliminary Results of Dutch Auction Tender Offer
6. Aware, Inc. Amends and Extends Dutch Auction Tender Offer
7. Aware, Inc. Announces Q1 09 Earnings Conference Call
8. Aware, Inc. Announces Final Results of Dutch Auction Tender Offer
9. Aware, Inc. Reports First Quarter 2009 Financial Results
10. Aware, Inc. Reports First Quarter 2009 Financial Results
11. Aware, Inc. Announces Q209 Earnings Conference Call
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/20/2014)... 158 pregnant teenagers in Rochester, NY, nearly half engaged ... ice, cornstarch, vacuum dust, baby powder and soap, and ... Moreover, such teens had significantly lower iron levels as ... , Pregnant teens, regardless of pica, are at higher ... deficiency and anemia. Low iron in pregnant teens raises ...
(Date:8/20/2014)... Arizona State University, the Wellcome Trust Sanger Institute and ... isolated Mycobacterium pinnipedii from skeletons found in ... pathogen is a relative of the TB bacterium that ... today. These researchers assume that seals carried the pathogens ... sea lions was unexpected" comments Sebastien Gagneux, from the ...
(Date:8/20/2014)... Institutes of Health has awarded the Oklahoma Medical Research ... research on anthrax and the bacteria,s effects on humans. ... Ph.D., and his colleagues have studied the human immune ... Centers for Human Immunology. The original funding came soon ... the heels of the terrorist attacks of Sept. 11, ...
Breaking Biology News(10 mins):Pica in pregnant teens linked to low iron 2$14.5 million grant awarded to continue anthrax studies 2
... led by Manel Esteller, director of the Epigenetics and Cancer ... of genetics at the University of Barcelona and ICREA researcher, ... published in the latest issue of the international scientific journal ... the human body is the same for all of them, ...
... and other viruses that attack the nervous system may ... a neuron,s internal transportation network and spread to other ... in neurons that common strains of the herpes virus ... organelles that regulate a cell,s energy supply, communication with ...
... Researchers looking into the value of adapted yoga ... program, study participants demonstrated improved balance and flexibility, ... and endurance. The study, involving researchers from ... Indianapolis, Indiana University-Purdue University Indianapolis and IU Bloomington, ...
Cached Biology News:Researchers complete the first epigenome in Europe 2To spread, nervous system viruses sabotage cell, hijack transportation 2To spread, nervous system viruses sabotage cell, hijack transportation 3To spread, nervous system viruses sabotage cell, hijack transportation 4Study: In-patient, out-patient stroke rehab might benefit from yoga 2
(Date:8/20/2014)... SAN JOSE, Calif. , Aug. 20, 2014 ... UCSD highlights the transformative collaboration between the school,s ... (IoT).  As part of the Intel® Software Academic ... between computer sciences and the human body.  ... The study exhibits the work of ...
(Date:8/19/2014)... NJ (PRWEB) August 20, 2014 ... and regenerative medicine is an inadequate vascular supply. ... constructs and decellularized tissues is critical for successful ... have attempted to mitigate deficiencies in vascularization and ... adding scaffold bioactivity, optimizing scaffold design and architecture, ...
(Date:8/19/2014)... 2014 Cellgen Diagnostics ... to fund a corporate lab for its genetic-based ... development is a critical component in the move ... the implementation of personalized medicine – a more ... , Indiegogo contributions will support Cellgen’s intent to ...
(Date:8/19/2014)... Research and Markets ... "Spectroscopy Equipment and Accessories - Global Strategic ... This report analyzes the ... in US$ Thousands by the following Product ... NMR-EPR Spectrometers, Near Infrared (NIR) Spectrometers, IR ...
Breaking Biology Technology:Intel and University of San Diego Bioengineering Department Release Case Study on Health Sciences Research 2Vascularization in Tissue Engineering Highlighted at 12th New Jersey Symposium on Biomaterials Science 2Cellgen Diagnostics Launches Indiegogo Crowdfunding Campaign for DNA Medical Testing Device 2Cellgen Diagnostics Launches Indiegogo Crowdfunding Campaign for DNA Medical Testing Device 3Global Spectroscopy Equipment and Accessories - Strategic Business Report 2014 2
... , , SALT LAKE ... spine care through the development of molecular diagnostics, and the ... a collaboration that allows Axial access to the University,s rich ... a genealogical and family history database composed of more than ...
... ... statement on the order of "layoffs will not affect patient care", but the question remains: ... report examines that trend, as well as announcing an increase of more than 20,000 jobs ... Seattle, ...
... ... challenge of cutting costs. According to Top Phycologist Dr. Mario Tredici, technological and biological ... Tredici shared his innovative research on Algae projects with Algae Business players. , ... Bangkok, Thailand (PRWEB) July ...
Cached Biology Technology:Axial Biotech Enters Partnership with the University of Utah to Utilize the Utah Population Database to Develop Personalized Diagnostic Tests for Spine Disorders 2Axial Biotech Enters Partnership with the University of Utah to Utilize the Utah Population Database to Develop Personalized Diagnostic Tests for Spine Disorders 3The MedZilla Report: June 2009 Employment Outlook for Biotech/Pharma/Health 2The MedZilla Report: June 2009 Employment Outlook for Biotech/Pharma/Health 3Prof. Mario Tredici Shared Views on Algae Projects with Algae Business Players at Algae World! 2
... 2'-O-Methyltransferase converts Cap 0 (or Cap 0-like) ... 1 structure has been shown to increase ... 50%. This improvement is seen in Cap ... Capping System as well as those Cap ...
Form: Ready to use Applications: ELISA...
RABBIT ANTI HALOPERIDOL...
Recombinant Mouse Serpin A1/alpha-1-Antitrypsin, CF Protein Family: Coagulation, Serine Protease Regulators...
Biology Products: