VerifyMe, Inc. financial data

Symbol
VRME, VRMEW on Nasdaq
Industry
Services-Computer Integrated Systems Design
Location
801 International Parkway, Fifth Floor, Lake Mary, Florida
State of incorporation
Nevada
Fiscal year end
December 31
Former names
LASERLOCK TECHNOLOGIES INC (to 8/4/2015)
Latest financial report
Q1 2024 - May 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 154 % -21.6%
Quick Ratio 1.04 % -56.2%
Debt-to-equity 54.2 % +29.5%
Return On Equity -19.2 % +82.4%
Return On Assets -12.5 % +83.8%
Operating Margin -9.72 % +32.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.1M shares +8.37%
Common Stock, Shares, Outstanding 10.2M shares +8.85%
Entity Public Float 12M USD -99.9%
Common Stock, Value, Issued 10K USD 0%
Weighted Average Number of Shares Outstanding, Basic 10.1M shares +7.94%
Weighted Average Number of Shares Outstanding, Diluted 10.1M shares +7.94%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 25.4M USD +1.34%
Cost of Revenue 15.7M USD -8.85%
Research and Development Expense 154K USD +75%
Selling and Marketing Expense 1.53M USD -20.4%
General and Administrative Expense 10.3M USD +22.9%
Operating Income (Loss) -2.47M USD +31.4%
Nonoperating Income (Expense) 108K USD
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -3.39M USD +76.5%
Net Income (Loss) Attributable to Parent -2.36M USD +83.8%
Earnings Per Share, Basic -0.23 USD/shares +86.3%
Earnings Per Share, Diluted -0.23 USD/shares +86.3%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.76M USD -10.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.2M USD -29.7%
Inventory, Net 32K USD -40.7%
Assets, Current 5.22M USD -11.5%
Property, Plant and Equipment, Net 212K USD -27.4%
Operating Lease, Right-of-Use Asset 419K USD -30.5%
Goodwill 5.31M USD -1.15%
Assets 17.9M USD -7.82%
Accounts Payable, Current 1.21M USD -23.1%
Accrued Liabilities, Current 716K USD -19.6%
Liabilities, Current 2.79M USD -26.7%
Operating Lease, Liability, Noncurrent 263K USD -39.4%
Liabilities 5.5M USD -14.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -66K USD -1000%
Retained Earnings (Accumulated Deficit) -82.4M USD -2.95%
Stockholders' Equity Attributable to Parent 12.4M USD -4.41%
Liabilities and Equity 17.9M USD -7.82%

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 10.5M shares +8.13%
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 2.82M USD -8.66%
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 430K USD -28.5%
Payments to Acquire Property, Plant, and Equipment 2K USD -84.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.42M USD +83.4%
Lessee, Operating Lease, Liability, to be Paid 518K USD -26.1%
Operating Lease, Liability, Current 167K USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two 139K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 192K USD
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
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 95.4M USD +1.76%
Amortization of Intangible Assets 269K USD +12.1%
Share-based Payment Arrangement, Expense 1.45M USD -12.9%