VerifyMe, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Mar 31, 2026
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
(In thousands, except share data)
| December 31, 2025 · December 31, 2024 | |||
|---|---|---|---|
| ASSETS | |||
| CURRENT ASSETS | |||
| Cash and cash equivalents | $4,353 | $2,823 | |
| Accounts receivable, net of allowance for credit loss reserve, $10 and $71 as of December 31, 2025 and December 31, 2024, respectively | 857 | 2,636 | |
| Note receivable, net of allowance for credit loss reserve, $12 and $0 as of December 31, 2025 and December 31, 2024, respectively | 1,988 | - | |
| Unbilled revenue | 338 | 733 | |
| Prepaid expenses and other current assets | 154 | 131 | |
| Inventory | 37 | 39 | |
| TOTAL CURRENT ASSETS | 7,727 | 6,362 | |
| PROPERTY AND EQUIPMENT, NET | $20 | $116 | |
| RIGHT OF USE ASSET | - | 236 | |
| INTANGIBLE ASSETS, NET | 2,345 | 5,365 | |
| GOODWILL | 2,926 | 3,988 | |
| TOTAL ASSETS | $13,018 | $16,067 | |
| LIABILITIES AND STOCKHOLDERS' EQUITY | |||
| CURRENT LIABILITIES | |||
| Term note, current | $ | - | $500 |
| Accounts payable | 745 | 2,971 | |
| Other accrued expense | 530 | 660 | |
| Lease liability- current | - | 108 | |
| Convertible note – related party, current | 400 | - | |
| Convertible note, current | 350 | - | |
| TOTAL CURRENT LIABILITIES | 2,025 | 4,239 | |
| LONG-TERM LIABILITIES | |||
| Long-term lease liability | $ | - | $139 |
| Term note | - | 375 | |
| Convertible note – related party | - | 450 | |
| Convertible note | - | 650 | |
| TOTAL LIABILITIES | $2,025 | $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 December 31, 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 December 31, 2025 and December 31, 2024, respectively | - | - | |
| Common stock, $0.001 par value; 675,000,000 shares authorized; 13,553,049 and 10,829,908 shares issued, 13,071,601 and 10,539,441 shares outstanding as of December 31, 2025 and December 31, 2024, respectively | 14 | 11 | |
| Additional paid in capital | 102,059 | 96,344 | |
| Treasury stock as cost; 481,448 and 290,467 shares at December 31, 2025 and December 31, 2024, respectively | (502) | (480) | |
| Accumulated deficit | (90,578) | (85,673) | |
| Accumulated other comprehensive loss | - | 12 | |
| STOCKHOLDERS' EQUITY | 10,993 | 10,214 | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $13,018 | $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.