Navigation Links
Aware, Inc. Reports Second Quarter 2012 Financial Results
Date:7/26/2012

anticipate that we will complete the shutdown during the third quarter of 2012.

Services revenue declined from $1.4 million in the second quarter of 2011 to $683,000 this quarter. The decrease was primarily due to lower revenue from the sale of biometrics engineering services.  

Royalties increased from $541,000 in the second quarter of 2011 to $624,000 this quarter.  The increase was due to higher royalties reported to us by one of our DSL chip licensees.

Spending declined from $6.2 million in the second quarter of 2011 to $5.0 million this quarter. The $1.2 million spending decrease was primarily the result of: i) lower hardware cost of goods sold on lower hardware sales; ii) lower expenses in our DSL service assurance engineering organization; and iii) lower CEO related expenses because our former CEO, who resigned on April 1, 2011, was replaced with existing members of senior management. In addition, the second quarter of 2011 included $0.6 million of severance related expenses for our former CEO.

We had 77 full time employees at June 30, 2012, which was the same as December 31, 2011.

Kevin Russell, Aware's co-chief executive officer and general counsel, said, "We are pleased to report that this is our fourth consecutive profitable quarter on an operating and net income basis. Net income of $54.9 million this quarter was driven by our closing a significant sale of patent assets for $75 million. We also continue to be encouraged by growth opportunities in our operating businesses."  

About Aware
Aware is a leading software and technology supplier for the biometrics, telecommunications, and healthcare industries. Aware's biometrics software products and services are provided to solution vendors and system integrators for use by government agencies towards applications including border management, secure credentials, law enforcement, and national defense. Aware's DSL Service Assurance Group offers
'/>"/>

SOURCE Aware, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6

Related biology news :

1. Aware, Inc. Reports First Quarter 2012 Financial Results
2. GEN reports on growth of tissue engineering revenues
3. BGI reports the completed sequence of foxtail millet genome
4. Radiologists study necessity of additional imaging recommendations in PET/CT oncologic reports
5. NOAA plankton surveys, second longest in the North Atlantic, add to new global effort
6. U-M forecasters predict second-smallest Gulf of Mexico dead zone
7. Second Middle East & Africa Osteoporosis Meeting to take place in Jordan
8. Second-generation drug used for hypertension aids heart function independent of blood pressure
9. BioLife Solutions Announces 7th Consecutive Quarter of Record Revenue
10. One-quarter of grouper species being fished to extinction
11. Study examines autism law, financial burdens
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/6/2015)... Calif. , Aug. 6, 2015  Today, ... will visit Crossmatch ™ to learn firsthand ... and protect data. Crossmatch is a world leader ... technologies and expertise are helping federal agencies and ... and security.   "The vast majority ...
(Date:8/5/2015)... , Aug. 5, 2015 The biosensors market ... in applications, penetration into newer sectors, and development of ... global biosensors space has seen the entry of multiple ... so far. (Photo - http://photos.prnewswire.com/prnh/20150805/255570 ) ... Analysis of the Global Biosensors Market ( ...
(Date:7/31/2015)... julio de 2015 BGI llevará a cabo la ... 22 al 25 de octubre de 2015, en ... celebra su décimo aniversario este año. Desde su inauguración ... las reuniones anuales más influyentes del mundo en los ... conferencias científicas más dinámicas, entusiastas y amenas. ...
Breaking Biology News(10 mins):Rep. Honda to Visit Crossmatch in Redwood City 2Innovative Biosensors Incite Use in Non-Traditional Applications 2Innovative Biosensors Incite Use in Non-Traditional Applications 3Innovative Biosensors Incite Use in Non-Traditional Applications 4La 10ª Conferencia Internacional sobre Genómica (ICG-10) comienza en octubre 2La 10ª Conferencia Internacional sobre Genómica (ICG-10) comienza en octubre 3
... studied human brain samples to isolate a set of proteins ... shows an intriguing link between diseases and the evolution of ... of medical disability in the developed world according to the ... exceeds $300 billion. The brain is the most complex ...
... Federal Ministry of Education and Research (BMBF) will fund ... (FRM II) by German and international researchers to the ... years. The Helmholtz Research Centers Juelich, Berlin, and Geesthacht ... budgets. The basis for these grants is the cooperation ...
... It,s just a worm, a tiny soil-dwelling nematode worm ... biology as shown in a recent study authored by University ... on the circadian clock of the Caenorhabditis elegans ... Biology . "Circadian rhythms are important in all ...
Cached Biology News:The genetic basis of brain diseases 2The genetic basis of brain diseases 3German federal government bolsters neutron research in Garching 2German federal government bolsters neutron research in Garching 3Breakthrough in worm research has implications for human disease studies 2
(Date:8/27/2015)... MENLO PARK, Calif. , Aug. 27, 2015 /PRNewswire/ ... company in the emerging field of regenerative medicine, today ... two investor conferences in the month of September.  ... Officer, will present at Rodman & Renshaw,s 17th Annual ... 10:25am ET/7:25am PT at the St. Regis Hotel in ...
(Date:8/27/2015)... 27, 2015 HUYA Bioscience International (HUYA) today announced ... Japan Society of HTLV-1, held this week at the ... of the Society is to promote research on HTLV-1 ... medical technology and research related to these fields to ... "HUYA is proud to support this prestigious conference," said ...
(Date:8/27/2015)... (PRWEB) , ... August 27, 2015 , ... Inc. Magazine ... States, ranking iLab Solutions as number 1,361 in growth for the three years through ... the top 0.1% fastest-growing privately held organizations in the country. , “We are ...
(Date:8/27/2015)... TRIANGLE PARK, N.C. , Aug. 27, 2015 ... on the decision by FedEx, UPS and The ... of certain biological specimens classified as ,select agents, ... and long history of handling these sensitive shipments. ... knowledge of global transportation regulations, trained and certified ...
Breaking Biology Technology:Asterias Biotherapeutics to Present at Upcoming Investor Conferences 2HUYA Bioscience International Sponsors Japan Society Of HTLV-1 Annual Meeting 2HUYA Bioscience International Sponsors Japan Society Of HTLV-1 Annual Meeting 3HUYA Bioscience International Sponsors Japan Society Of HTLV-1 Annual Meeting 4iLab Solutions Named to 2015 Inc. 5000 List 2iLab Solutions Named to 2015 Inc. 5000 List 3Marken Ensures Safe Transportation Of Select Agents And Toxins 2
... Calif., Oct. 14 GenVault Corporation today,announces that ... Senior Vice,President of Business Development. Mr. Sutherland will ... for partnering,and licensing the company,s products and technologies ... Mr. Sutherland has more than 25 years ...
... Systems, Inc., (OTC Bulletin Board: IMDS) a pioneer ... that its,distributor, Laszlo Meszaros of Kardia Hungary Kft., ... for Budapest, Hungary., (Logo: http://www.newscom.com/cgi-bin/prnh/20040412/IMDSLOGO ... at the new MeDoc HealthCare Center,(MDHC) located in ...
... chosen to enable patient care services in Australia through ... ... 110th Annual Convention --,Mirixa Corporation, the leader in pharmacy-based patient ... Australia, announced,today that they have signed a definitive technology licensing ...
Cached Biology Technology:Mark Sutherland Joins GenVault as Senior Vice President, Business Development 2Imaging Diagnostic Systems Sells Its CT Laser Mammography System to Budapest, Hungary 2Mirixa Announces Agreement With the Pharmacy Guild of Australia 2Mirixa Announces Agreement With the Pharmacy Guild of Australia 3
Superior homology search software - in all the flavours of blast, with increased sensitivity and speed...
Protein 3D structure prediction, via threading. Easy to use....
... Standard Tray (3 per pack), 1. ... and blot processing.Automated staining of Coomassie ... and nucleic acid analysis.Prepares blots for ... detection.Programmable control of protocol, solution, volume, ...
DITHIOTHREITOL, 150UMOL, 1 EA. Dithiothreitol (DTT), 0.1 M Solution:, *0.1 M solution of DTT in high purity dH2O., *0.2 m filtered., *Storage: -20C. Category: SEQUENASE....
Biology Products: