VerifyMe, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $16.4M | $24.2M | $25.3M | $19.6M | $867,000 |
| Research and development | $20,000 | $70,000 | $107,000 | $89,000 | $51,000 |
| Operating expenses | $11.4M | $13.1M | $11.4M | $10.2M | $5.4M |
| Operating income | -$5.1M | -$4.4M | -$3.3M | -$3.7M | -$4.8M |
| Pretax income | -$4.9M | -$3.9M | -$3.4M | -$14.4M | -$3.6M |
| Income tax expense | -$1.1M | -$1.2M | $0 | — | — |
| Net income | -$4.9M | -$3.8M | -$3.4M | -$14.4M | $3.6M |
| Balance Sheet | |||||
| Cash and equivalents | — | $2.8M | $3.0M | $3.3M | $9.4M |
| Current assets | $7.7M | $6.4M | $7.7M | $9.5M | $10.0M |
| Total assets | $13.0M | $16.1M | $20.7M | $20.8M | $21.7M |
| Current liabilities | $2.0M | $4.2M | $5.1M | $5.4M | $450,000 |
| Total liabilities | $2.0M | $5.9M | $8.2M | $7.2M | $521,000 |
| Stockholders' equity | $11.0M | $10.2M | $12.5M | $13.6M | $21.2M |
| Cash Flow Statement | |||||
| Cash from operations | $603,000 | $871,000 | $244,000 | -$2.6M | -$3.3M |
| Depreciation and amortization | $984,000 | $1.2M | $1.1M | $770,000 | $117,000 |
| Stock-based compensation | — | — | — | $96,000 | $39,000 |
| Capital expenditure | $18,000 | $7,000 | $27,000 | — | $12,000 |
| Free cash flow | $585,000 | $864,000 | $217,000 | — | -$3.3M |
| Share repurchases | $221,000 | $18,000 | $10,000 | $291,000 | $725,000 |
| Impairments | $2.8M | $1.4M | $90,000 | — | — |
Shares outstanding 13.1M · Free float 80.2%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.