SequelSEC

VerifyMe, Inc. VRME

Finance Services · CIK 0001104038 · Fiscal year ends 1231 · Bank

Revenue
$16.40M
Fiscal year ended 2025-12-31
Net income
-$4.90M
Fiscal year ended 2025-12-31
Total assets
$13.02M
Fiscal year ended 2025-12-31

VerifyMe, Inc. (VRME) reported revenue of $16.40M and net income of -$4.90M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from VerifyMe, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Finance Services.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

VerifyMe, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312021-12-302020-12-312020-12-302019-12-312018-12-31
Revenue$16.40M$24.21M$25.31M$19.58M$867.00K$867.00K$343.00K$343.00K$245.00K$74.88K
Cost of revenue$10.08M$15.54M$17.29M$13.09M$268.00K$268.00K$62.00K$62.00K$45.00K$28.80K
Gross profit$6.32M$8.66M$8.03M$6.49M$599.00K$599.00K$281.00K$281.00K$200.00K$46.08K
Operating income-$5.07M-$4.39M-$3.33M-$3.75M-$4.83M-$4.83M-$3.57M-$3.57M-$2.43M-$2.60M
Net income-$4.90M-$3.82M-$3.39M-$14.40M$3.61M$3.61M-$5.90M-$5.90M-$2.51M-$2.93M
Research & development$20.00K$70.00K$107.00K$89.00K$51.00K$51.00K$19.00K$19.00K$5.00K$187.66K
Weighted-average diluted sharesshares 12.62Mshares 10.40Mshares 9.77Mshares 8.47Mshares 7.38Mshares 7.38Mshares 3.98Mshares 3.98Mshares 2.15Mshares 93.85M
Pretax income-$4.90M-$3.88M-$3.39M-$14.40M-$3.61MUnavailable-$5.90MUnavailable-$2.51M-$2.93K
Income tax expense-$1.12M-$1.19M$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPS$-0.39$-0.37$-0.35$-1.70$0.49$0.49$-1.48$-1.48$-1.17$-0.03
Selling, general & administrative$4.38M$5.21M$6.06M$10.15M$5.38M$4.16M$2.80M$2.72M$1.91M$1.72M
General & administrative$3.42M$3.85M$4.42M$8.43M$4.22M$3.00M$2.15M$2.07M$1.36M$1.59M
Selling & marketing$967.00K$1.36M$1.64M$1.72M$1.16M$1.16M$651.00K$651.00K$553.00K$135.29K

Balance

VerifyMe, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312021-12-302020-12-312020-12-302019-12-312018-12-31
Cash & equivalentsUnavailable$2.82M$3.03M$3.35M$9.42MUnavailable$7.94M$7.94M$253.00K$1.67M
Total assets$13.02M$16.07M$20.70M$20.75M$21.69MUnavailable$8.77MUnavailable$943.00K$2.05M
Current assets$7.73M$6.36M$7.69M$9.46M$10.01MUnavailable$8.20MUnavailable$447.00K$1.77M
Total liabilities$2.02M$5.85M$8.17M$7.17M$521.00KUnavailable$455.00KUnavailable$1.01MUnavailable
Current liabilities$2.02M$4.24M$5.14M$5.43M$450.00KUnavailable$383.00KUnavailable$1.01M$480.25K
Total equity incl. NCI$10.99M$10.21M$12.53M$13.59M$21.17MUnavailable$8.32MUnavailable-$67.00K$1.57M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$37.00K$39.00K$38.00K$81.00K$52.00KUnavailable$54.00KUnavailable$30.00K$41.98K
Accounts receivable$857.00K$2.64M$3.02M$4.45M$297.00KUnavailable$31.00KUnavailable$81.00K$30.37K
Goodwill$2.93M$3.99M$5.38M$3.99MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailable$875.00K$1.40MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$745.00K$2.97M$3.31M$3.91M$341.00KUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

VerifyMe, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312021-12-302020-12-312020-12-302019-12-312018-12-31
Operating cash flow$603.00K$871.00K$244.00K-$2.55M-$3.25MUnavailable-$2.28M-$2.28M-$1.58M-$2.38M
Capital expenditures$18.00K$7.00K$27.00KUnavailable$12.00KUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow-$2.73M-$575.00K-$1.20M-$7.88M-$2.85MUnavailable-$125.00K-$125.00K-$302.00K-$108.74K
Financing cash flow$3.66M-$616.00K$634.00K$4.42M$7.59MUnavailable$10.09M$10.09M$461.00K$3.47M
Net change in cash$1.53M-$272.00K-$316.00KUnavailableUnavailableUnavailable$7.69MUnavailable-$1.42M$980.20K
Stock-based compensationUnavailableUnavailableUnavailable$96.00K$39.00KUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$984.00K$1.21M$1.13M$770.00K$117.00KUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

VerifyMe, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312021-12-302020-12-312020-12-302019-12-312018-12-31
Free cash flow$585.00K$864.00K$217.00KUnavailable-$3.27MUnavailableUnavailableUnavailableUnavailableUnavailable
Gross margin38.5%35.8%31.7%33.1%69.1%69.1%81.9%81.9%81.6%61.5%
Operating margin-30.9%-18.1%-13.1%-19.1%-557.2%-557.2%-1040.2%-1040.2%-992.7%-3466.4%
FCF margin3.6%3.6%0.9%Unavailable-376.7%UnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailable4.5%UnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio3.82x1.50x1.50x1.74x22.25xUnavailable21.41xUnavailable0.44x3.69x
Revenue YoY growth-32.3%-4.4%29.3%2157.9%Unavailable152.8%Unavailable40.0%227.2%Unavailable
Net margin-29.9%-15.8%-13.4%-73.5%416.6%416.6%Unavailable-1720.7%-1023.3%-3916.0%
R&D / revenue0.1%0.3%0.4%0.5%5.9%5.9%Unavailable5.5%2.0%250.6%
CapEx / revenue0.1%0.0%0.1%Unavailable1.4%UnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open VRME in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-03-31View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-Q · Filed 2025-08-13View SEC filing
10-Q · Filed 2025-05-13View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.