VerifyMe, Inc.
For the period ended Dec 31, 2025. Filed Mar 31, 2026.
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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.
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CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share data)
| Year Ended | ||
|---|---|---|
| December 31, 2025 | December 31, 2024 | |
| NET REVENUE | $16,398 | $24,207 |
| COST OF REVENUE | 10,077 | 15,545 |
| GROSS PROFIT | 6,321 | 8,662 |
| OPERATING EXPENSES | ||
| Segment management and technology(a) | 3,138 | 5,454 |
| General and administrative (a) | 3,416 | 3,852 |
| Research and development | 20 | 70 |
| Sales and marketing (a) | 967 | 1,361 |
| Goodwill and Intangible asset impairment | 3,850 | 2,315 |
| Total operating expenses | 11,391 | 13,052 |
| LOSS BEFORE OTHER INCOME (EXPENSE) | (5,070) | (4,390) |
| OTHER INCOME (EXPENSE) | ||
| Interest income (expenses), net | 214 | (130) |
| Change in fair value of contingent consideration | - | 844 |
| Loss on sale of business | - | (146) |
| Other expense, net | (49) | (2) |
| TOTAL OTHER INCOME (EXPENSE), NET | 165 | 566 |
| NET LOSS | $(4,905) | $(3,824) |
| LOSS PER SHARE | ||
| BASIC | (0.39) | (0.37) |
| DILUTED | (0.39) | (0.37) |
| WEIGHTED AVERAGE COMMON SHARE OUTSTANDING | ||
| BASIC | 12,619,512 | 10,402,508 |
| DILUTED | 12,619,512 | 10,402,508 |
| (a) | Includes share-based compensation of $801 thousand for the year ended December 31, 2025, and $1,555 thousand for the year ended December 31, 2024. |
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