Aware, Inc. Reports Third Quarter 2009 Financi...(2009 2008 2009 2008 Cost ...)

Date:11/4/2009

2009 2008 2009 2008 Cost of product sales $3 $3 $8 $9 Cost of contract revenue 36 45 105 105 Research and development 174 136 458 463 Sales and marketing 140 52 249 133 General and administrative 324 161 656 405 --- --- --- --- Total stock-based compensation costs $677 $397 $1,476 $1,115 ==== ==== ====== ======

                              AWARE, INC.
               NON-GAAP FINANCIAL MEASURES AND RECONCILIATION
                    (In thousands, except per share data)
                             (unaudited)

                                 Three Months Ended  Nine Months Ended
                                    September 30,      September 30,
                                    2009     2008      2009     2008
    GAAP net loss                ($1,133)  ($663)   ($4,851) ($3,202)
       Stock-based compensation      677     397      1,476    1,115
                                     ---     ---      -----    -----
    Non-GAAP net loss              ($456)  ($266)   ($3,375) ($2,087)
                                   =====   =====    =======  =======


                                Three Months Ended   Nine Months Ended
                                    September 30,      September 30,
                                    2009     2008      2009     2008
    GAAP net loss per share       ($0.06)  ($0.03)   ($0.23)  ($0.13)
        Stock-based compensation    0.04     0.02      0.07     0.04
                                    ----     ----      ----     ----
    Non-GAAP net loss per share   ($0.02)  ($0.01)   ($0.16)  ($0.09)
                                  ======   ======   =======  =======

      
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