VRME
VerifyMe Inc
NASDAQ: VRME · INDUSTRIALS · SECURITY & PROTECTION SERVICES
$0.76
+2.73% today
Updated 2026-04-30
Market cap
$10.63M
P/E ratio
—
P/S ratio
0.65x
EPS (TTM)
$-0.39
Dividend yield
—
52W range
$1 – $2
Volume
0.1M
VerifyMe Inc (VRME) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $123104.00 | $302188.00 | $60000.00 | $20000.00 | $53722.00 | $10000.00 | $17029.00 | $3140.00 | $124598.00 | $217268.00 | $37055.00 | $0.00 | $74884.00 | $245000.00 | $343000.00 | $867000.00 | $19.58M | $25.31M | $24.21M | $16.40M |
| Revenue growth (YoY) | — | +145.5% | -80.1% | -66.7% | +168.6% | -81.4% | +70.3% | -81.6% | +3868.1% | +74.4% | -82.9% | -100.0% | — | +227.2% | +40.0% | +152.8% | +2157.9% | +29.3% | -4.4% | -32.3% |
| Cost of revenue | $20000.00 | $202641.00 | $20000.00 | $514000.00 | $808.00 | $525000.00 | $4083.00 | $2710.00 | $113024.00 | $65723.00 | $24363.00 | $43095.00 | $28802.00 | $45000.00 | $62000.00 | $268000.00 | $13.09M | $17.29M | $15.54M | $11.06M |
| Gross profit | $123104.00 | $99547.00 | $40000.00 | $20000.00 | $52914.00 | $10000.00 | $12946.00 | $430.00 | $11574.00 | $151545.00 | $12692.00 | $-43095.00 | $46082.00 | $200000.00 | $281000.00 | $599000.00 | $6.49M | $8.03M | $8.66M | $5.34M |
| Gross margin | 100.0% | 32.9% | 66.7% | 100.0% | 98.5% | 100.0% | 76.0% | 13.7% | 9.3% | 69.8% | 34.3% | — | 61.5% | 81.6% | 81.9% | 69.1% | 33.1% | 31.7% | 35.8% | 32.5% |
| R&D | $54319.00 | $23068.00 | $20000.00 | $20000.00 | $10553.00 | $10000.00 | $5420.00 | $655840.00 | $10.59M | $2.41M | $250180.00 | $128044.00 | $187655.00 | $5000.00 | $19000.00 | $51000.00 | $89000.00 | $107000.00 | $70000.00 | $20000.00 |
| SG&A | $1.17M | $660000.00 | $460000.00 | $450000.00 | $289742.00 | $460000.00 | $1.02M | $10.72M | $2.77M | $2.78M | $3.21M | $2.70M | $2.32M | $2.07M | $3.18M | $4.22M | $8.43M | $4.42M | $3.85M | $3.42M |
| Operating income | $-1.30M | $-707263.00 | $-520000.00 | $-510000.00 | $-473781.00 | $-340000.00 | $-1.08M | $-11.64M | $-13.57M | $-5.24M | $-3.73M | $-2.84M | $-2.60M | $-2.43M | $-3.57M | $-4.83M | $-3.75M | $-3.24M | $-2.08M | $-1.22M |
| Operating margin | -1057.4% | -234.0% | -866.7% | -2550.0% | -881.9% | -3400.0% | -6329.2% | -370737.9% | -10887.3% | -2412.9% | -10077.8% | — | -3466.4% | -992.9% | -1040.2% | -557.2% | -19.1% | -12.8% | -8.6% | -7.4% |
| EBITDA | $-1.29M | $-550000.00 | $-1.34M | $-880000.00 | $-460150.00 | $-990000.00 | $-908215.00 | $-16.18M | $-13.48M | $-2.15M | $-1.60M | $-2.79M | $-2.57M | $-2.38M | $-3.47M | $-4.71M | $-13.54M | $-2.10M | $-2.48M | $-236000.00 |
| EBITDA margin | -1044.7% | -182.0% | -2233.3% | -4400.0% | -856.5% | -9900.0% | -5333.3% | -515322.1% | -10821.2% | -987.9% | -4326.5% | — | -3438.4% | -969.8% | -1011.7% | -543.7% | -69.2% | -8.3% | -10.3% | -1.4% |
| EBIT | $-1.55M | $-707263.00 | $-520000.00 | $-510000.00 | $-473764.00 | $-670000.00 | $-921686.00 | $-16.26M | $-13.57M | $-2.24M | $-1.63M | $-2.84M | $-2.60M | $-2.41M | $-3.57M | $-4.83M | $-14.31M | $-3.23M | $-3.69M | $-1.22M |
| Interest expense | $308360.00 | $258926.00 | $410000.00 | $190000.00 | $248077.00 | $0.00 | $277371.00 | $127825.00 | $199364.00 | $61438.00 | $12871.00 | $218316.00 | $6664.00 | $97000.00 | $2.05M | $2000.00 | $88000.00 | $161000.00 | $130000.00 | $214000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-1.61M | $-965162.00 | $-930000.00 | $-690000.00 | $-721841.00 | $-670000.00 | $-1.20M | $-16.39M | $-7.92M | $-2.30M | $-1.65M | $-3.39M | $-2.93M | $-2.51M | $-5.90M | $3.61M | $-14.40M | $-3.39M | $-3.82M | $-4.91M |
| Net income growth (YoY) | — | +39.9% | +3.6% | +25.8% | -4.6% | +7.2% | -79.0% | -1267.0% | +51.7% | +70.9% | +28.5% | -105.6% | +13.4% | +14.5% | -135.4% | +161.2% | -498.6% | +76.5% | -12.8% | -28.3% |
| Profit margin | -1305.4% | -319.4% | -1550.0% | -3450.0% | -1343.7% | -6700.0% | -7041.3% | -522002.2% | -6355.2% | -1059.5% | -4442.7% | — | -3916.0% | -1023.3% | -1720.7% | 416.6% | -73.5% | -13.4% | -15.8% | -29.9% |