VerifyMe, Inc. financial data

Symbol
VRME, VRMEW on Nasdaq
Industry
Services-Computer Integrated Systems Design
Location
801 International Parkway, Fifth Floor, Lake Mary, FL
State of incorporation
NV
Fiscal year end
December 31
Former names
LASERLOCK TECHNOLOGIES INC (to 8/4/2015)
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 168 % +6.71%
Quick Ratio 0.82 % -39.3%
Debt-to-equity 49.5 % -5.37%
Return On Equity -28 % -8.24%
Return On Assets -18.7 % -10.3%
Operating Margin -15.8 % -25.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.5M shares +5.08%
Common Stock, Shares, Outstanding 10.4M shares +5.13%
Entity Public Float 12M USD
Common Stock, Value, Issued 11K USD +10%
Weighted Average Number of Shares Outstanding, Basic 10.6M shares +7.33%
Weighted Average Number of Shares Outstanding, Diluted 10.6M shares +7.33%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 25.3M USD -3.97%
Cost of Revenue 15.2M USD -17.3%
Research and Development Expense 149K USD +282%
Selling and Marketing Expense 1.23M USD -35%
General and Administrative Expense 9.95M USD +76.4%
Operating Income (Loss) -3.98M USD -20.8%
Nonoperating Income (Expense) 663K USD +5000%
Net Income (Loss) Attributable to Parent -3.32M USD -1.13%
Earnings Per Share, Basic -0.31 USD/shares -3.33%
Earnings Per Share, Diluted -0.31 USD/shares -3.33%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.61M USD -11.3%
Accounts Receivable, after Allowance for Credit Loss, Current 1.2M USD -13%
Inventory, Net 19K USD -54.8%
Assets, Current 4.82M USD -14.2%
Property, Plant and Equipment, Net 159K USD -40%
Operating Lease, Right-of-Use Asset 339K USD -33%
Goodwill 3.99M USD -24.9%
Assets 14.8M USD -21.1%
Accounts Payable, Current 1.62M USD +8.35%
Accrued Liabilities, Current 455K USD -44.2%
Liabilities, Current 2.77M USD -23.9%
Operating Lease, Liability, Noncurrent 184K USD -46.8%
Liabilities 4.55M USD -34.1%
Accumulated Other Comprehensive Income (Loss), Net of Tax -86K USD -14.7%
Retained Earnings (Accumulated Deficit) -85.2M USD -4.06%
Stockholders' Equity Attributable to Parent 10.3M USD -13.6%
Liabilities and Equity 14.8M USD -21.1%

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 +4.33%
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 2.61M USD -13.2%
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 350K USD -30.8%
Payments to Acquire Property, Plant, and Equipment 2K USD -84.6%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.33M USD +0.8%
Lessee, Operating Lease, Liability, to be Paid 428K USD -28.8%
Operating Lease, Liability, Current 166K USD +3.75%
Lessee, Operating Lease, Liability, to be Paid, Year Two 139K USD -28%
Lessee, Operating Lease, Liability, to be Paid, Year One 196K USD +4.26%
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 96M USD +1.51%
Amortization of Intangible Assets 277K USD +4.14%
Share-based Payment Arrangement, Expense 1.45M USD -12.9%