Bio-key: quarterlies, annuals, SEC actions

April 2, 2024 - Revenues from BIO-key’s sales of digital identity and access management software and hardware rose by $2 million in the company’s fiscal 2023 to reach $9.1 million.

CEO Mike DePasquale says in the announcement of BIO-key’s fourth quarter and full-year 2023 results that the company is “in a strong position to reach profitability over the next several quarters.”

BIO-key’s selling, general and administration expenses were reduced by $2.1 million during 2023. The company’s operating costs fell …

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