VerifyMe, Inc.
For the period ended Jun 30, 2025. Filed Aug 13, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 13, 2025
VRME$8.98+10.3%Stored close · as of Sep 30, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets (Unaudited)
Consolidated Balance Sheets
| June 30, 2025 · December 31, 2024 | |||
|---|---|---|---|
| (Unaudited) | |||
| ASSETS | |||
| CURRENT ASSETS | |||
| Cash and cash equivalents | $6,067 | $2,823 | |
| Accounts receivable, net of allowance for credit loss reserve, $8 and $71 as of June 30, 2025 and December 31, 2024, respectively | 1,100 | 2,636 | |
| Unbilled revenue | 324 | 733 | |
| Prepaid expenses and other current assets | 335 | 131 | |
| Inventory | 41 | 39 | |
| TOTAL CURRENT ASSETS | 7,867 | 6,362 | |
| PROPERTY AND EQUIPMENT, NET | $80 | $116 | |
| RIGHT OF USE ASSET | 89 | 236 | |
| INTANGIBLE ASSETS, NET | 5,142 | 5,365 | |
| GOODWILL | 3,988 | 3,988 | |
| TOTAL ASSETS | $17,166 | $16,067 | |
| LIABILITIES AND STOCKHOLDERS' EQUITY | |||
| CURRENT LIABILITIES | |||
| Term note, current | $ | - | $500 |
| Accounts payable | 1,559 | 2,971 | |
| Other accrued expense | 327 | 660 | |
| Lease liability- current | 51 | 108 | |
| TOTAL CURRENT LIABILITIES | 1,937 | 4,239 | |
| LONG-TERM LIABILITIES | |||
| Long-term lease liability | 43 | 139 | |
| Term note | - | 375 | |
| Convertible note – related party | 450 | 450 | |
| Convertible note | 300 | 650 | |
| TOTAL LIABILITIES | $2,730 | $5,853 | |
| STOCKHOLDERS' EQUITY | |||
| Series A Convertible Preferred Stock, $0.001 par value, 37,564,767 shares authorized; 0 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | - | - | |
| Series B Convertible Preferred Stock, $0.001 par value; 85 shares authorized; 0.85 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively | - | - | |
| Common stock, $0.001 par value; 675,000,000 shares authorized;12,734,425 and 10,829,908 shares issued, 12,323,668 and 10,539,441 shares outstanding as of June 30, 2025 and December 31, 2024, respectively | 13 | 11 | |
| Additional paid in capital | 101,392 | 96,344 | |
| Treasury stock as cost; 410,757 and 290,467 shares at June 30, 2025 and December 31, 2024, respectively | (434) | (480) |
|---|---|---|
| Accumulated deficit | (86,535) | (85,673) |
| Accumulated other comprehensive loss | - | 12 |
| STOCKHOLDERS' EQUITY | 14,436 | 10,214 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $17,166 | $16,067 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.