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
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%