Aware's Biometric Technology Receives Independent Certification
Aware announced independent third-party evaluations and certifications validating the performance, fairness, and real-world readiness of its biometric liveness and identity verification technologies. Aware Intelligent Liveness was independently evaluated in accordance with ISO/IEC 30107-3, the international standard for Level 1, Level 2, and Level 3 Presentation Attack Detection, following testing conducted by BixeLab, an NVLAP-accredited biometric testing laboratory. ISO/IEC 30107-3 defines standardized methods for assessing how effectively biometric systems can detect spoofing attempts using artifacts or manipulated biometric presentations, including advanced attacks designed to bypass liveness detection. Across all three levels, Aware Intelligent Liveness demonstrated highly secure, frictionless performance, with zero false rejections of legitimate users at Levels 1 and 2 and 100% successful user completion at Level 3. Attack detection performance strengthened as attack sophistication increased, including zero successful attacks at Levels 2 and 3, where more advanced and realistic spoofing techniques were used. Together, the results demonstrate consistent performance across a range of attack scenarios, validating Aware Intelligent Liveness' ability to balance fraud resistance and usability. Aware also completed independent biometric bias testing through BixeLab, NVLAP-accredited to conduct testing according to the internationally recognized standard ISO/IEC 19795-10, which evaluates whether biometric systems perform consistently across demographic groups. The test evaluated the Aware solution at a system level for both liveness and matching in realistic operating conditions, with outstanding results applicable to border control/eGates, national ID systems, financial services onboarding, mobile authentication and enterprise access control. The recent round of testing builds on the company's top performance in the NIST Face Analysis Technology Evaluation 2023 benchmarking test, as well as Aware's consistent top tier performance in lack of bias in NIST FRTE 1-1. Aware also participated in the U.S. Department of Homeland Security 2025 Remote Identity Validation Rally, a government-led evaluation designed to assess remote identity verification technologies under realistic and sophisticated attack conditions. Conducted in partnership with DHS Science and Technology Directorate, TSA, NIST, and other federal stakeholders, the RIVR evaluates how systems assess liveness from selfie images, match selfies to government-issued identity documents, and perform at scale across devices and environments. The program helps inform standards development and deployment decisions for both commercial and government use cases.
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- Financial Overview: Awarepress reported a Q1 2026 GAAP EPS of -$0.16 with revenues of $3.4 million, reflecting a 5.8% year-over-year decline, indicating challenges in revenue growth that may affect investor confidence.
- Adjusted EBITDA Loss: The adjusted EBITDA loss for the first quarter totaled $3.2 million, significantly up from a $1.5 million loss in Q1 2025, highlighting pressures on operational efficiency and cost control.
- Strategic Focus: In 2026, Awarepress aims to concentrate on pipeline conversion and scaling its biometric platform, indicating a strategic shift despite current financial struggles, with hopes for long-term growth.
- Outlook: Despite the poor performance in Q1, Awarepress is working on foundational improvements in its technology platform, which could positively impact revenue growth in the future, especially as biometric technology becomes increasingly vital.
- Revenue Miss: Aware, Inc. reported Q1 revenue of $3.4 million, falling short of expectations, which reflects the company's failure to adapt quickly to market changes, resulting in product and market readiness gaps that negatively impacted overall business performance.
- Cost Structure Reset: The company implemented measures to reduce expenses by approximately $4 million and simplify its go-to-market operating model during Q1, marking a significant reset towards a platform-first strategy aimed at enhancing operational efficiency and market responsiveness.
- Portfolio Consolidation: CEO Ajay Amlani stated that Aware is consolidating around a single scalable platform, downshifting investments in certain legacy products while continuing to support existing customers to address the rapidly evolving biometric market.
- Strong Cash Position: Despite a net loss of $3.5 million in Q1 and an adjusted EBITDA loss of $3.2 million, the company ended the quarter with approximately $19.6 million in cash and marketable securities, with no debt, indicating a degree of financial stability.
- Earnings Call Announcement: Aware, Inc. will hold a webcast on April 29, 2026, at 5:00 p.m. Eastern Time to discuss its financial results for Q1 2026, with results to be released beforehand, ensuring timely access to critical information for investors.
- Interactive Q&A Session: The webcast will feature a presentation by management followed by a Q&A session, allowing investors to submit questions in advance via email, enhancing engagement and transparency with the management team.
- Replay Availability: The presentation will be available for replay on the company's investor relations website after the event, with the audio recording accessible for approximately 90 days, providing convenience for investors who cannot attend live and ensuring widespread dissemination of information.
- Company Overview: Aware, Inc. is a proven global leader in biometric identity and authentication solutions, with its Awareness platform transforming biometric data into actionable intelligence, enabling organizations to verify identities and prevent fraud with speed and accuracy, highlighting its significance in mission-critical enterprise environments.
- Demand for Biometric Solutions: The report reveals that 98% of organizations are interested in investing in biometric orchestration platforms to tackle AI-driven fraud and the complexity of identity systems, indicating a pressing need for enhanced security solutions in the market.
- Widespread Impact of AI Fraud: Nearly 50% of respondents reported experiencing AI-related fraud in the past year, highlighting that AI attacks have become a mainstream business risk, significantly affecting organizations' financial performance and customer trust.
- Challenges of Multi-Vendor Ecosystems: The survey indicates that organizations average three biometric vendors, leading to increased management complexity; while biometrics are seen as foundational to security, integration and optimization challenges persist.
- Gap Between Strategy and Execution: Although 90% of organizations have strategies to address AI threats, 44% still faced AI-related fraud, reflecting the limitations of current defenses and the urgent need to invest in intelligent systems to enhance security.
- Breakthrough in Identity Verification: Aware demonstrated exceptional performance in the DHS Remote Identity Validation Rally, particularly in liveness detection evaluations, successfully preventing all attacks and showcasing the effectiveness of its technology against modern identity threats.
- Balancing User Experience and Security: Aware's solution ranked highly in user satisfaction and efficiency on both iOS and Android platforms, proving that high security can coexist with a seamless user experience, thereby enhancing its competitive position in the market.
- Importance of Independent Testing: Aware emphasizes the critical role of independent testing in evaluating biometric solutions, especially active liveness evaluations under real-world conditions, ensuring the reliability and security of its technology.
- Commitment to Continuous Innovation: Aware is committed to ongoing participation in independent testing and collaboration with industry and government partners to continuously enhance biometric security, driving the industry towards higher standards.








