TABLE - Aware Inc Q1 net loss widens
BEDFORD, Mass., April 17 (Reuters) -
AWARE, INC
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS
(unaudited)
Three Months Ended
March 31,
1998 1997
Revenue:
Product $435,175 $103,790
License and royalty 769,464 1,310,984
Research and development 799,377 386,311
Total revenue 2,004,016 1,801,085
Costs and expenses:
Cost of product revenue 377,133 281,557
Research and development 2,196,431 1,432,779
Selling and marketing 767,607 374,415
General and administrative 555,971 436,920
Total costs and expenses 3,897,142 2,525,671
Loss from operations (1,893,126) (724,586)
Other income and expense 99,000 -
Interest income 338,689 448,284
Net loss before provision for
income taxes (1,455,437) (276,302)
Provision for income taxes - -
Net loss ( 1,455,437) ( 276,302)
Net loss per share - basic ( 0.07) ( 0.01)
Net loss per share - diluted ( 0.07) ( 0.01)
Weighted average shares - basic 19,718,820 19,054,759
Weighted average shares - diluted 19,718,820 19,054,759 |
