Aware, Inc. (NASDAQ: AWRE) reported revenue from continuing operations for the fourth quarter of 2013 was USD5.6m, an increase of 16%, which compares to USD4.9m in the same quarter last year.
Income from continuing operations for the current quarter was USD0.5m compared to USD6.0m for the same period a year ago. Income from continuing operations in the fourth quarter of 2012 included USD1.1m from a patent arrangement and an income tax benefit of USD3.0m.
Income from discontinued operations, net of income taxes was USD1.1m in the fourth quarter of 2013 compared to a loss of USD39,000 in the year ago period. The income from discontinued operations in the current quarter included USD2.0m of income from a customer termination agreement.
Net income for the fourth quarter of 2013 was USD1.6m, or USD0.07 per diluted share, which compares to net income of USD6.0m, or USD0.27 per diluted share, for the same period a year ago.
Aware is a provider of biometrics software products and development services to governments, system integrators, and solution providers globally. The company is based in Bedford, Massachusetts.