Aware, Inc. Reports Second Quarter 2012 Financi... (anticipate that we will complete the shu...)

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

0

GOOD

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:

(Date:6/19/2013)... physiological anabolic agent for tissue-building and energy storage, ... and carbohydrates, and inhibiting their breakdown and release ... major role in stimulating glucose entry into muscle ... from the blood following meals. But gaps exist ... insulin regulates glucose uptake in fat and muscle ...

(Date:6/19/2013)... N.Y. A Cornell University study offers further proof ... million to 6 million years ago was profoundly influenced ... turning genes on and off. , The study, published ... for a 40-year-old hypothesis that regulation of genes must ... little difference between humans and chimps in the proteins ...

(Date:6/18/2013)... June 19, 2013 Paris Air Show – ... Test Systems) , a leading provider of innovative ... is demonstrating its solutions this week at the ... With growing challenges including increasingly complex armament systems ... feature-rich, specialized aerospace test solutions that address legacy ...

Breaking Biology News(10 mins):Breakthrough research of essential molecule reveals important targets in diabetes and obesity 2 New research backs theory that genetic 'switches' play big role in human evolution 2 New research backs theory that genetic 'switches' play big role in human evolution 3 Marvin Test Solutions Demonstrates Next-Generation Armament Test Solutions at Paris Air Show 2 Marvin Test Solutions Demonstrates Next-Generation Armament Test Solutions at Paris Air Show 3

[0] Breakthrough research of essential molecule reveals important targets in diabetes and obesity [0] New research backs theory that genetic 'switches' play big role in human evolution [0] Marvin Test Solutions Demonstrates Next-Generation Armament Test Solutions at Paris Air Show

... Va.--To cut down on convoys trucking fuel to forward ... the Navy,s vision for energy efficiency, the Office of ... have successfully demonstrated their goal to reduce petroleum and ... early results from the front indicate the ability of ...

... found that in 14 independent studies, the yields of ... biofuel feedstocks, such as corn, soybean, sorghum, and wheat. ... yet been evaluated exist. According to bioenergy analyst, ... low risk of unintended land use change. Biomass from ...

... The most common connective tissue cell in animals is the ... But Dr. Neta Erez of Tel Aviv University,s Sackler Faculty ... a body great harm, helping to "recruit" immune cells for ... creation when cancer cell proliferation is beginning, fibroblasts rush to ...

Cached Biology News:ONR, Marine Corps show alternative energy use at forward operating bases can save dollars, lives 2 ONR, Marine Corps show alternative energy use at forward operating bases can save dollars, lives 3 Infiltrating cancer's recruitment center 2

ONR, Marine Corps show alternative energy use at forward operating bases can save dollars, lives Agave fuels global excitement as a bioenergy crop Infiltrating cancer's recruitment center

(Date:6/19/2013)... Adding to their already extensive supply ... Simport’s Dropette® and Heathrow Scientific disposable plastic ... basic biology, chemistry and any type of liquid handling ... 35 years, Simport has been supplying the science community ... the Simport Dropette®. Simport’s Dropette® is a one-piece ...

(Date:6/18/2013)... In support of Swiss contributions to scientific ... Switzerland in New York is pleased to welcome the ... , to Manhattan. PlanetSolar is in New York ... with scientists on board from the University of Geneva. ... on energy from the sun and eliminates the need ...

(Date:6/18/2013)... The human skin is the largest organ, yet many do ... Similar to the liver, or heart, the skin must be ... Recent reports from the mankatofreepress.com explained how caring for the ... other life supporting organs. The article suggests several types of ... the appearance of skin, and fight off acne causing factors. ...

(Date:6/18/2013)... 2013 The Pistoia Alliance ... HELM biomolecular representation standard software toolkit and editor ... HELM (Hierarchical Editing Language for Macromolecules) enables ... (e.g. proteins, nucleotides, antibody drug conjugates) whose size ... methodologies impractical or unusable. HELM solves this problem ...

Breaking Biology Technology:Leading Pipette Distributor Pipette.com Now Stocks Transfer Pipettes: Simport’s Dropette and Heathrow Scientific Disposable Plastic Transfer Pipettes 2 Switzerland’s MS Tûranor PlanetSolar, the World’s Largest Solar Boat, Arrives in New York City 2 Switzerland’s MS Tûranor PlanetSolar, the World’s Largest Solar Boat, Arrives in New York City 3 Switzerland’s MS Tûranor PlanetSolar, the World’s Largest Solar Boat, Arrives in New York City 4 Natural Acne Remedies Through Diet, Probiotic Action Shares New Insight on What Foods May Help Lead to Clear Skin 2 The Pistoia Alliance Releases HELM Biomolecular Representation Standard Open Source Tools 2

[0] Leading Pipette Distributor Pipette.com Now Stocks Transfer Pipettes: Simport’s Dropette and Heathrow Scientific Disposable Plastic Transfer Pipettes [0] Switzerland’s MS Tûranor PlanetSolar, the World’s Largest Solar Boat, Arrives in New York City [0] Natural Acne Remedies Through Diet, Probiotic Action Shares New Insight on What Foods May Help Lead to Clear Skin [0] The Pistoia Alliance Releases HELM Biomolecular Representation Standard Open Source Tools

... TAI,AN CITY, China, Nov. 13 /PRNewswire-Asia-FirstCall/ -- ... or the "Company"),one of the leading plasma-based pharmaceutical companies ... conference call at 8:00 a.m. ET on,Monday, November 16, ... on September 30, 2009. , ...

... PRINCETON, N.J., Nov. 13 Soligenix, Inc., (Soligenix ... known as DOR BioPharma, Inc., a late-stage biotechnology ... third quarter of 2009. , Highlights ... of enrollment in its confirmatory Phase 3 randomized, ...

... SHENYANG, China, Nov. 12 /PRNewswire-Asia-FirstCall/ -- 3SBio Inc. ... company,focused on researching, developing, manufacturing and marketing,biopharmaceutical products, today ... September 30, 2009. , , Third ... net revenues increased by 35.8% over the third quarter ...

China Biologic Schedules Conference Call to Discuss Third Quarter 2009 Financial Results Soligenix Reports Third Quarter 2009 Financial Results 3SBio Inc. Announces Unaudited Third Quarter 2009 Results

Bovine Calf Serum...

... designed to deparaffinize and perform Heat Induced ... tissue sections mounted on glass microscope slides. ... at the high temperature used in HIER ... the paraffin by detergent. Formaldehyde fixation impairs ...

Chicken polyclonal to ytzF ( Abpromise for all tested applications). Antigen: Full length protein...

NEWBORN CALF SERUM AND PLASMA...

Biology Products:

Bovine Calf Serum - 500mL from Biomeda Corporation PT Module^TM Deparaffinization and Heat-Induced Epitope Retrieval Solution (100X) from Lab Vision Chicken Anti-Bacterial ytzF Polyclonal Antibody, Unconjugated from Abcam Newborn Calf Serum - 100mL from GeneTex