VerifyMe, Inc.
For the period ended Sep 30, 2025. Filed Nov 14, 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.
Sep 30, 2025 · Filed Nov 14, 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 Statements of Cash Flows (Unaudited)
Consolidated Statements of Cash Flows
| Nine months ended | ||
|---|---|---|
| September 30, 2025 | September 30, 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | $(4,218) | $(3,323) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Allowance for expected credit losses | 8 | 8 |
| Stock based compensation | 86 | 174 |
| Change in fair value of contingent consideration | - | (836) |
| Fair value of restricted stock awards and restricted stock units issued in exchange for services | 598 | 1,009 |
| Loss on disposal of equipment | 1 | - |
| Goodwill and intangible asset impairment | 3,850 | 2,261 |
| Amortization and depreciation | 853 | 905 |
| Gain on partial lease termination | (6) | - |
| Unrealized gain on foreign currency transactions | - | (45) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 1,513 | 1,806 |
| Unbilled revenue | 352 | 495 |
| Inventory | 22 | 19 |
| Prepaid expenses and other current assets | (219) | 55 |
| Accounts payable, other accrued expenses and net change in operating leases | (2,291) | (2,226) |
| Net cash provided by operating activities | 549 | 302 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Note Receivable | (2,000) | - |
| Purchase of patents | - | (12) |
| Purchase of office equipment | (7) | (7) |
| Capitalized software costs | (559) | (334) |
| Net cash used in investing activities | (2,566) | (353) |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from Warrants Exercise | 4,348 | - |
| Proceeds from SPP Plan | - | 21 |
| Contingent consideration payments | - | (36) |
| Tax withholding payments for employee stock-based compensation in exchange for shares surrendered | (51) | (47) |
| Increase in treasury shares (share repurchase program) | (221) | (1) |
| Repayment of debt and line of credit | (875) | (375) |
| Net cash provided by (used in) financing activities | 3,201 | (438) |
| Effect of exchange rate changes on cash | - | 4 |
| NET INCREASE(DECREASE) CASH AND CASH EQUIVALENTS | 1,184 | (485) |
| CASH AND CASH EQUIVALENTS INCLUDING RESTRICTED CASH - BEGINNING OF PERIOD | 2,823 | 3,095 |
| CASH AND CASH EQUIVALENTS - END OF PERIOD | $4,007 | $2,610 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||||
|---|---|---|---|---|
| Cash paid during the period for: | ||||
| Interest | $70 | $160 | ||
| Income taxes | $ | - | $ | - |
| SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES | ||||
| Lease modification | $7 | $ | - | |
| Conversion of convertible note to common stock and accrued interest | $360 | $ | - | |
| Change in fair value of interest rate, swap | $12 | $7 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.