NASDAQ : VRME
VerifyMe, Inc. — Financial statements
Industrials · Security & Protection Services · United States
Last price 7.48 USD (At close: Sep 30, 2026) · Market cap 9.85M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
VerifyMe, Inc. (VRME) reported revenue of 11.10M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 11.10M | 16.40M | 24.21M | 25.31M | 19.58M | 867.00K |
| Cost of Revenue | 5.88M | 10.08M | 15.54M | 17.29M | 13.09M | 268.00K |
| Gross Profit | 5.22M | 6.32M | 8.66M | 8.03M | 6.49M | 599.00K |
| Selling, General & Admin | 6.84M | 7.52M | 10.67M | 10.88M | 9.48M | 5.38M |
| Research & Development | 10.00K | 20.00K | 70.00K | 107.00K | 89.00K | 51.00K |
| Operating Expenses | 6.85M | 7.54M | 10.74M | 10.99M | 9.57M | 5.43M |
| Operating Income | -1.63M | -1.22M | -2.08M | -2.96M | -3.09M | -4.83M |
| Interest Expense | -130.00K | -161.00K | -88.00K | |||
| Interest & Investment Income | 299.00K | 214.00K | 2.00K | |||
| Earnings From Equity Investments | -100.00K | -10.93M | ||||
| Other Non Operating Income (Expenses) | -48.00K | -49.00K | -2.00K | -2.00K | 31.00K | |
| EBT Excluding Unusual Items | -1.38M | -1.05M | -2.21M | -3.22M | -14.07M | -4.83M |
| Merger & Restructuring Charges | -278.00K | -661.00K | ||||
| Impairment of Goodwill | -1.06M | -1.06M | -1.35M | |||
| Gain (Loss) on Sale of Investments | 12.00K | 8.37M | ||||
| Gain (Loss) on Sale of Assets | -146.00K | |||||
| Asset Writedown | -2.79M | -2.79M | -964.00K | -90.00K | ||
| Other Unusual Items | 844.00K | 201.00K | 326.00K | 70.00K | ||
| Pretax Income | -5.23M | -4.91M | -3.82M | -3.39M | -14.40M | 3.61M |
| Net Income | -5.23M | -4.91M | -3.82M | -3.39M | -14.40M | 3.61M |
| Net Income to Common | -5.23M | -4.91M | -3.82M | -3.39M | -14.40M | 3.61M |
| Shares Outstanding (Basic) | 1.31M | 1.26M | 1.04M | 976.65K | 846.61K | 711.09K |
| Shares Outstanding (Diluted) | 1.31M | 1.26M | 1.04M | 976.65K | 846.61K | 738.34K |
| EPS (Basic) | -4.00 | -3.89 | -3.68 | -3.47 | -17.01 | 5.08 |
| EPS (Diluted) | -4.02 | -3.90 | -3.70 | -3.50 | -17.01 | 4.90 |
| Free Cash Flow | -717.00K | 585.00K | 864.00K | 209.00K | -2.55M | -3.31M |
| Free Cash Flow Per Share | -0.55 | 0.46 | 0.83 | 0.21 | -3.01 | -4.48 |
| Gross Margin | 47.02% | 38.55% | 35.78% | 31.71% | 33.14% | 69.09% |
| Operating Margin | -14.66% | -7.44% | -8.57% | -11.69% | -15.76% | -557.21% |
| Profit Margin | -47.08% | -29.91% | -15.80% | -13.39% | -73.55% | 416.61% |
| Free Cash Flow Margin | -6.46% | 3.57% | 3.57% | 0.83% | -13.03% | -381.89% |
| EBITDA | -936.00K | -236.00K | -863.00K | -1.83M | -2.32M | -4.71M |
| EBITDA Margin | -8.43% | -1.44% | -3.56% | -7.21% | -11.83% | |
| D&A For EBITDA | 692.00K | 984.00K | 1.21M | 1.13M | 770.00K | 117.00K |
| EBIT | -1.63M | -1.22M | -2.08M | -2.96M | -3.09M | -4.83M |
| EBIT Margin | -14.66% | -7.44% | -8.57% | -11.69% | -15.76% | |
| Advertising Expenses | 33.00K | 3.00K | 39.00K | 60.00K | 51.00K |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 5.09M | 4.35M | 2.82M | 3.10M | 3.41M | 9.42M |
| Short-Term Investments | 100.00K | 88.00K | ||||
| Cash & Short-Term Investments | 5.09M | 4.35M | 2.82M | 3.10M | 3.51M | 9.51M |
| Accounts Receivable | 848.00K | 1.20M | 3.37M | 4.30M | 5.63M | 297.00K |
| Receivables | 848.00K | 3.18M | 3.37M | 4.30M | 5.63M | 297.00K |
| Inventory | 41.00K | 37.00K | 39.00K | 38.00K | 81.00K | 52.00K |
| Prepaid Expenses | 168.00K | 154.00K | 131.00K | 254.00K | 233.00K | 152.00K |
| Total Current Assets | 6.15M | 7.73M | 6.36M | 7.69M | 9.46M | 10.01M |
| Property, Plant & Equipment | 13.00K | 20.00K | 352.00K | 708.00K | 761.00K | 204.00K |
| Long-Term Investments | 10.96M | |||||
| Goodwill | 2.93M | 2.93M | 3.99M | 5.38M | 3.99M | |
| Other Intangible Assets | 2.30M | 2.35M | 5.26M | 6.75M | 6.41M | 509.00K |
| Long-Term Deferred Charges | 108.00K | 174.00K | 133.00K | |||
| Total Assets | 11.39M | 13.02M | 16.07M | 20.70M | 20.75M | 21.69M |
| Accounts Payable | 342.00K | 745.00K | 2.97M | 3.31M | 3.91M | 341.00K |
| Accrued Expenses | 331.00K | 530.00K | 660.00K | 988.00K | 902.00K | 109.00K |
| Current Portion of Long-Term Debt | 750.00K | 750.00K | 500.00K | 500.00K | 500.00K | |
| Current Portion of Leases | 108.00K | 170.00K | 115.00K | |||
| Other Current Liabilities | 173.00K | |||||
| Total Current Liabilities | 1.42M | 2.02M | 4.24M | 5.14M | 5.43M | 450.00K |
| Long-Term Debt | 1.48M | 1.98M | 1.38M | |||
| Long-Term Leases | 139.00K | 307.00K | 359.00K | |||
| Other Long-Term Liabilities | 751.00K | 71.00K | ||||
| Total Liabilities | 1.42M | 2.02M | 5.85M | 8.17M | 7.17M | 521.00K |
| Common Stock | 14.00K | 14.00K | 11.00K | 10.00K | 10.00K | 7.00K |
| Additional Paid-In Capital | 102.19M | 102.06M | 96.34M | 95.03M | 92.99M | 86.06M |
| Retained Earnings | -91.76M | -90.58M | -85.67M | -81.85M | -78.46M | -64.06M |
| Treasury Stock | -475.00K | -502.00K | -480.00K | -659.00K | -949.00K | -838.00K |
| Comprehensive Income & Other | 12.00K | -2.00K | -3.00K | |||
| Total Common Equity | 9.97M | 10.99M | 10.21M | 12.53M | 13.59M | 21.17M |
| Shareholders' Equity | 9.97M | 10.99M | 10.21M | 12.53M | 13.59M | 21.17M |
| Total Liabilities & Equity | 11.39M | 13.02M | 16.07M | 20.70M | 20.75M | 21.69M |
| Total Debt | 750.00K | 750.00K | 2.22M | 2.95M | 2.35M | |
| Net Cash (Debt) | 4.34M | 3.60M | 601.00K | 143.00K | 1.16M | 9.51M |
| Net Cash Per Share | 3.32 | 2.86 | 0.58 | 0.15 | 1.37 | 12.88 |
| Filing Date Shares Outstanding | 1.32M | 1.31M | 1.24M | 1.01M | 936.18K | 726.10K |
| Total Common Shares Outstanding | 1.32M | 1.31M | 1.05M | 1.01M | 895.10K | 719.67K |
| Working Capital | 4.73M | 5.70M | 2.12M | 2.54M | 4.03M | 9.56M |
| Book Value Per Share | 7.57 | 8.41 | 9.69 | 12.38 | 15.18 | 29.41 |
| Tangible Book Value | 4.74M | 5.72M | 969.00K | 394.00K | 3.19M | 20.66M |
| Tangible Book Value Per Share | 3.60 | 4.38 | 0.92 | 0.39 | 3.56 | 28.70 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -5.23M | -4.91M | -3.82M | -3.39M | -14.40M | 3.61M |
| Depreciation & Amortization | 692.00K | 984.00K | 1.21M | 1.13M | 770.00K | 117.00K |
| Loss (Gain) From Sale of Assets | 57.00K | 58.00K | 134.00K | 2.00K | ||
| Asset Writedown & Restructuring Costs | 3.85M | 3.85M | 2.30M | 190.00K | ||
| Loss (Gain) From Sale of Investments | 100.00K | 10.92M | -8.37M | |||
| Stock-Based Compensation | 397.00K | 801.00K | 1.55M | 1.68M | 1.47M | 1.72M |
| Provision & Write-off of Bad Debts | 13.00K | 8.00K | 49.00K | 139.00K | 37.00K | |
| Other Operating Activities | -2.00K | -8.00K | -860.00K | -226.00K | -326.00K | -70.00K |
| Change in Accounts Receivable | 562.00K | 2.18M | 819.00K | 1.20M | -4.54M | -354.00K |
| Change in Inventory | 17.00K | -57.00K | -29.00K | 2.00K | ||
| Change in Accounts Payable | -1.22M | -2.35M | -630.00K | -531.00K | 3.62M | 69.00K |
| Change in Other Net Operating Assets | 168.00K | -33.00K | 115.00K | 9.00K | -77.00K | 25.00K |
| Operating Cash Flow | -705.00K | 603.00K | 871.00K | 244.00K | -2.55M | -3.25M |
| Capital Expenditures | -12.00K | -18.00K | -7.00K | -35.00K | -57.00K | |
| Cash Acquisitions | -363.00K | -7.50M | ||||
| Divestitures | -52.00K | |||||
| Sale (Purchase) of Intangibles | -621.00K | -715.00K | -516.00K | -739.00K | -276.00K | -201.00K |
| Investment in Securities | -2.59M | |||||
| Other Investing Activities | -2.00M | -58.00K | -108.00K | |||
| Investing Cash Flow | -633.00K | -2.73M | -575.00K | -1.20M | -7.88M | -2.85M |
| Long-Term Debt Issued | 2.90M | 2.00M | ||||
| Total Debt Issued | 2.90M | 2.00M | ||||
| Long-Term Debt Repaid | -875.00K | -500.00K | -2.30M | -1.88M | -3.00K | |
| Total Debt Repaid | -875.00K | -500.00K | -2.30M | -1.88M | -3.00K | |
| Net Debt Issued (Repaid) | -875.00K | -500.00K | 600.00K | 118.00K | -3.00K | |
| Issuance of Common Stock | 475.00K | 4.82M | 21.00K | 80.00K | 4.63M | 8.45M |
| Repurchase of Common Stock | -112.00K | -288.00K | -84.00K | -46.00K | -325.00K | -856.00K |
| Other Financing Activities | -53.00K | |||||
| Financing Cash Flow | 363.00K | 3.66M | -616.00K | 634.00K | 4.42M | 7.59M |
| Foreign Exchange Rate Adjustments | 48.00K | 1.00K | ||||
| Net Cash Flow | -975.00K | 1.53M | -272.00K | -316.00K | -6.01M | 1.48M |
| Free Cash Flow | -717.00K | 585.00K | 864.00K | 209.00K | -2.55M | -3.31M |
| Free Cash Flow Margin | -6.46% | 3.57% | 3.57% | 0.83% | -13.03% | -381.89% |
| Free Cash Flow Per Share | -0.55 | 0.46 | 0.83 | 0.21 | -3.01 | -4.48 |
| Levered Free Cash Flow | -960.50K | -1.90M | 1.08M | 1.10M | -1.10M | -1.62M |
| Unlevered Free Cash Flow | -960.50K | -1.90M | 1.16M | 1.20M | -1.05M | -1.62M |
| Cash Interest Paid | 60.00K | 70.00K | 178.00K | 165.00K | 33.00K | |
| Cash Income Tax Paid | 24.00K | 24.00K | 24.00K | |||
| Change in Working Capital | -485.00K | -185.00K | 304.00K | 620.00K | -1.02M | -258.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 9.85M | 7.48M | 14.28M | 11.19M | 10.48M | 23.17M |
| Enterprise Value | 5.51M | 4.30M | 14.12M | 11.69M | 9.20M | 12.54M |
| Last Close Price | 8.97 | 5.10 | 11.54 | 9.50 | 9.84 | 26.94 |
| PE Ratio | 6.41 | |||||
| Forward PE | 80.44 | 80.44 | 80.44 | 80.44 | 80.44 | |
| PS Ratio | 1.06 | 0.46 | 0.59 | 0.44 | 0.54 | 26.72 |
| PB Ratio | 1.18 | 0.68 | 1.40 | 0.89 | 0.77 | 1.09 |
| P/TBV Ratio | 2.49 | 1.31 | 14.74 | 28.40 | 3.29 | 1.12 |
| P/FCF Ratio | 12.78 | 16.53 | 53.55 | |||
| P/OCF Ratio | 12.40 | 16.39 | 45.86 | |||
| EV/Sales Ratio | 0.67 | 0.26 | 0.58 | 0.46 | 0.47 | 14.46 |
| EV/FCF Ratio | 7.35 | 16.34 | 55.94 | |||
| Debt / Equity Ratio | 0.07 | 0.07 | 0.22 | 0.24 | 0.17 | |
| Debt / FCF Ratio | 1.28 | 2.57 | 14.12 | |||
| Net Debt / Equity Ratio | -0.44 | -0.33 | -0.06 | -0.01 | -0.09 | -0.45 |
| Net Debt / EBITDA Ratio | 4.64 | 15.27 | 0.70 | 0.08 | 0.50 | 2.02 |
| Net Debt / FCF Ratio | 6.06 | -6.16 | -0.70 | -0.68 | 0.45 | 2.87 |
| Asset Turnover | 0.78 | 1.13 | 1.32 | 1.22 | 0.92 | 0.06 |
| Inventory Turnover | 143.46 | 265.18 | 403.77 | 290.54 | 196.81 | 5.06 |
| Quick Ratio | 4.17 | 2.74 | 1.46 | 1.44 | 1.68 | 21.79 |
| Current Ratio | 4.32 | 3.82 | 1.50 | 1.50 | 1.74 | 22.25 |
| Return on Equity (ROE) | -42.84% | -46.26% | -33.62% | -25.96% | -82.86% | 24.50% |
| Return on Assets (ROA) | -7.13% | -5.24% | -7.05% | -8.92% | -9.09% | -19.82% |
| Return on Capital Employed (ROCE) | -16.30% | -11.10% | -17.50% | -19.00% | -20.10% | -22.70% |
| Earnings Yield | -44.26% | -65.61% | -26.78% | -30.29% | -137.37% | 15.59% |
| FCF Yield | -6.07% | 7.83% | 6.05% | 1.87% | -24.34% | -14.29% |
| Buyback Yield / Dilution | -13.01% | -21.31% | -6.51% | -15.36% | -14.66% | -85.50% |