VerifyMe, Inc. financial data

Symbol
VRME, VRMEW on Nasdaq
Location
801 International Parkway, Fifth Floor, Lake Mary, FL
State of incorporation
Nevada
Fiscal year end
December 31
Former names
LASERLOCK TECHNOLOGIES INC (to 8/4/2015)
Latest financial report
10-Q - Q2 2024 - Aug 13, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 163 % -5.8%
Quick Ratio 0.93 % -55.8%
Debt-to-equity 52.7 % +14.9%
Return On Equity -14.9 % +33.3%
Return On Assets -9.75 % +36.4%
Operating Margin -7.74 % +39.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.4M shares +4.9%
Common Stock, Shares, Outstanding 10.4M shares +5.51%
Entity Public Float 12M USD
Common Stock, Value, Issued 11K USD +10%
Weighted Average Number of Shares Outstanding, Basic 10.2M shares +4.85%
Weighted Average Number of Shares Outstanding, Diluted 10.2M shares +4.85%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 25.4M USD -1.88%
Cost of Revenue 15.2M USD -16.2%
Research and Development Expense 149K USD +104%
Selling and Marketing Expense 1.21M USD -39.4%
General and Administrative Expense 10.4M USD +55%
Operating Income (Loss) -1.97M USD +40.6%
Nonoperating Income (Expense) 142K USD -65%
Net Income (Loss) Attributable to Parent -1.83M USD +37.2%
Earnings Per Share, Basic -0.17 USD/shares +37%
Earnings Per Share, Diluted -0.17 USD/shares +37%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.9M USD +7.53%
Accounts Receivable, after Allowance for Credit Loss, Current 1.21M USD -5.6%
Inventory, Net 23K USD -51.1%
Assets, Current 5.1M USD +0.51%
Property, Plant and Equipment, Net 184K USD -36.1%
Operating Lease, Right-of-Use Asset 378K USD -31.8%
Goodwill 5.33M USD -0.08%
Assets 17.5M USD -4.84%
Accounts Payable, Current 1.33M USD -4.93%
Accrued Liabilities, Current 808K USD +11.8%
Liabilities, Current 2.93M USD -21.3%
Operating Lease, Liability, Noncurrent 223K USD -42.7%
Liabilities 5.28M USD -13%
Accumulated Other Comprehensive Income (Loss), Net of Tax -46K USD +8%
Retained Earnings (Accumulated Deficit) -82.7M USD -2.26%
Stockholders' Equity Attributable to Parent 12.3M USD -0.82%
Liabilities and Equity 17.5M USD -4.84%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -60K USD +52.4%
Net Cash Provided by (Used in) Financing Activities -106K USD -125%
Net Cash Provided by (Used in) Investing Activities -110K USD +82.3%
Common Stock, Shares Authorized 675M shares 0%
Common Stock, Shares, Issued 10.7M shares +4.56%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -277K USD +15%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.9M USD +7.53%
Interest Paid, Excluding Capitalized Interest, Operating Activities 70K USD +106%
Deferred Tax Assets, Valuation Allowance 8.29M USD +8.39%
Deferred Tax Assets, Gross 8.29M USD +8.39%
Operating Lease, Liability 388K USD -31.1%
Payments to Acquire Property, Plant, and Equipment 2K USD -84.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.82M USD +38.4%
Lessee, Operating Lease, Liability, to be Paid 472K USD -28.5%
Operating Lease, Liability, Current 165K USD -5.17%
Lessee, Operating Lease, Liability, to be Paid, Year Two 139K USD -28%
Lessee, Operating Lease, Liability, to be Paid, Year One 193K USD +2.12%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 93K USD +12%
Lessee, Operating Lease, Liability, to be Paid, Year Three 45K USD -67.6%
Deferred Tax Assets, Operating Loss Carryforwards 6.32M USD -2.73%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 45K USD
Additional Paid in Capital 95.5M USD +1.48%
Amortization of Intangible Assets 269K USD +12.1%
Share-based Payment Arrangement, Expense 1.45M USD -12.9%