Bio-key: quarterlies, annuals, SEC actions

June 17, 2024 - BIO-key reports revenues of $2.2 million in the first fiscal quarter of 2024, and an increase of $300,000 in cash from operating activities as the company begins catching up on its financial statements.

An expanded deployment of a biometric client identification system by a long-standing BIO-key customer in financial services boosted the company’s Q1 results, according to CEO Mike DePasquale, though its revenues were flat on a year-over-year basis.

The company also reports a 10 …

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