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Aware, Inc. Reports Second Quarter 2009 Financial Results
Date:8/1/2009

470 443 947 874 --- --- --- --- Total revenue 5,764 6,167 10,337 12,044 Costs and expenses: Cost of product sales (1) 1,043 624 1,556 1,448 Cost of contract revenue (1) 909 1,129 1,817 2,148 Research and development (1) 3,058 3,511 6,170 7,039 Selling and marketing (1) 1,184 1,186 2,265 2,155 General and administrative (1) 1,216 1,285 2,429 2,478 ----- ----- ----- ----- Total costs and expenses 7,410 7,735 14,237 15,268 Loss from operations (1,646) (1,568) (3,900) (3,224) Interest income 61 315 186 698 -- --- --- --- Loss before provision for income taxes (1,585) (1,253) (3,714) (2,526) Provision for income taxes 1 4 4 13 -- -- -- -- Net loss ($1,586) ($1,257) ($3,718) ($2,539) ======= ======= ======= ======= Net loss per share - basic ($0.08) ($0.05) ($0.17) ($0.11) Net loss per share - diluted ($0.08) ($0.05) ($0.17) ($0.11) Weighted average shares - basic 20,666 23,869 21,974 23,875 Weighted average shares - diluted 20,666 23,869 21,974 23,875 (1) Effective January 1, 2006 the Company adopted Statement of Financial Accounting Standard No. 123 (Revised), "Share-Based Payment" (FAS 123(R)). The amounts in the tables above include stock-based compensation as follows (i
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