BKYI · Bio Key International Inc · Executive Compensation

Substantial doubt about the company's ability to continue as a going concern.

“In accordance with ASU *No.* *2014*-*15,* "Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern (Subtopic *205*-*40*)", the Company has evaluated whether there are conditions and events, considered in the aggregate, that raise substantial doubt about its ability to continue as a going concern within *one* year after the date that the consolidated financial statements are issued. The history of losses, the negative cash flow from operations, and the dependence by the Company on its ability to obtain additional financing to fund its operations after the current cash resources are exhausted raise doubt about the Company's ability to continue as a going concern.”