Aware Inc. (AWRE) Next Earnings Date & Expected ±12.5% Move

Per the Roarable RQD rating, AWRE scores 31 out of 100 with a letter grade of E, labeled "Roarable Strong Sell — Forensic Risk / Avoid." Across the five pillars: the Fundamental Cash Engine scores 4/20 (ROIC of -27.5%; FCF yield of 0%), the Whale 13F Flow pillar scores 3/20 (institutional accumulation and options positioning), Insider Conviction scores 5/20 (SEC Form 4 and Congressional PTR cluster flow), Macro Regime Fit scores 9/20 (Beta 1.0; sector sensitivity), and Forensic Balance Sheet scores 10/20 (Altman Z 2.5; Piotroski F 3/9; Debt/Equity 0.5).

Taken together, the rating signals weakness on every dimension, with the cash-generation and institutional-flow pillars the weakest. For a prospective investor, the implications are that the current price of $0.86 is not supported by a cash-earning engine per the rating's inputs, and that the balance sheet is rated only moderately sound rather than strong. The low Beta of 1.0 means market-level moves transmit to the stock, but the rating attributes most of the downside to company-specific fundamentals and forensic signals rather than to macro exposure. Any upside case would need to rest on a turnaround in cash generation, which the supplied data does not show.

Aware Inc. (AWRE) is a NASDAQ-listed issuer classified under the Technology sector and the Computer Software: Prepackaged Software industry, per the company profile. Not available in source data for product details, customer base, or revenue model. Per the SEC financials, reported revenue is $0.0M in each of the listed fiscal years, and the Butterfly Supply-Chain Graph shows no supply-chain links.

Per the SEC financials, operating income was negative in all three periods while net income was positive, and the market data reports gross, operating, and net margins of 0%. Per the Roarable RQD rating, ROIC is -27.5%, the Altman Z-Score is 2.5, the Piotroski F-Score is 3/9, and Debt/Equity is 0.5. Reported cash declined from $13.0M in FY 2024 to $7.3M in FY 2025, and FCF was negative in the two most recent periods.

Per the news wire, several items reference Aware Inc.'s Q3 results. One headline reports Q3 revenue of $4.4 Million and a net loss of $0.04 per share, described as missing estimates (GuruFocus). A Stock Titan item reports Q3 revenue falling to $4.42M while the net loss narrows. A Yahoo Finance item notes recurring revenue topping 90% alongside cost cuts. A Simply Wall St item addresses the company's cash burn situation. Items flagged "RISK WATCH" include the Q3 earnings call highlights, the revenue decline report, and the earnings miss report. Items flagged "MARKET WIRE" include the earnings snapshots and the cash burn piece. Per the Butterfly Supply-Chain Graph, there are no butterfly links and no proprietary signals.

Per the Butterfly Supply-Chain Graph, supply_chain is listed as NONE, with no upstream or downstream links and no proprietary signals. Not available in source data for upstream dependencies, downstream customers, or sector correlations. A prospective investor should watch for whether the reported recurring-revenue share and cost cuts described in the news wire translate into positive operating income, since the financial table currently shows negative operating income in each period.

• Revenue is reported as $0.0M in every SEC period while the news wire cites Q3 revenue of $4.4 Million; how these reconcile is not available in source data.
• Net income is positive in all three periods while operating income is negative; the driver of the difference is not available in source data.
• EPS, debt, and cash for FY 2023 are not available in source data, limiting trend analysis.
• P/E, forward P/E, EV/EBITDA, and EPS (TTM) are not available in source data, so valuation cannot be benchmarked.
• No analyst coverage, price targets, or 13F/insider holder detail is available in source data beyond the rating's qualitative pillar descriptions.