VerifyMe, Inc. provides security solutions for the identification and authentication of people, products, and packaging for various applications in the United States. The company offers RainbowSecure technology that combines an invisible ink with a proprietary tuned laser to enable counterfeit products to be exposed; SecureLight technology, which changes the color of ink for use in various applications, including credit cards, driver's licenses, passports, stock certificates, clothing labels, currencies, ID cards, and tax stamps, as well as to protect apparels, pharmaceuticals, and other physical products; and SecureLight+ technology, a solution that can be authenticated by proprietary tuned laser devices, and with fluorescent lighting. It also provides VeriPAS technology, which provides brand owners geographical business intelligence on counterfeiting; VeriPAS Smartphone Authenticator technology, a piece of hardware with a built-in lighting system and software that scans invisible RainbowSecure codes; VerifyMe as Authentic technology, a dual-purpose pre-printed label with a visible serialized QR code for consumer scanning purposes, as well as an invisible serialized IR code for inspector scanning, authentication, and tracking purposes; and VerifyMe Beeper technology, an authentication tool that is designed for customers who desire instant authentication on items, such as event tickets at an entry gate. VerifyMe, Inc. has strategic partnerships with INX International Ink Company; and Techind Engineers & Consultants-Impex. The company was formerly known as LaserLock Technologies, Inc. and changed its name to VerifyMe, Inc. in July 2015. VerifyMe, Inc. was founded in 1999 and is based in Rochester, New York.
IPO Year:
Exchange: NASDAQ
Website: verifyme.com
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
Quarterly revenue of $4.5 million, compared to $5.8 million in Q1 2024(1) Quarterly gross profit of $1.5 million or 33%, compared to $2.3 million or 39% in Q1 2024 Net loss of ($0.6) million in Q1 2025 and Q1 2024(1) Adjusted EBITDA(2) of $0 million, compared to $0.1 million in Q1 2024(1) Cash of $5.7 million as of March 31, 2025LAKE MARY, Fla., May 13, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today the Company's financial results for its first quarter ended March 31, 2025 ("Q1 2025").
LAKE MARY, Fla., May 8, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today that it will release its financial results for the first quarter ended March 31, 2025 on May 13, 2025. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared remarks regarding the Company's financial and operational results will be followed by a question and answer period with the executive management team.
LAKE MARY, Fla., Feb. 27, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, anti-diversion, anti-counterfeiting, and brand protection and enhancement solutions, announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on March 6, 2025. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared remarks regarding the Company's financial and operational results will be followed by a question and answer period with the executive management team.
LAKE MARY, Fla., Jan. 14, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, authentication, anti-counterfeiting, and brand enhancement services, today announced its entry into a warrant inducement agreement with an existing institutional investor for the immediate exercise of an outstanding warrant held by the existing investor to purchase an aggregate of 1,461,896 shares of the Company's common stock. The warrants were issued by VerifyMe on April 14, 2022 and have an exercise price of $3.215 per share. The gross proceeds to VerifyMe from the exercise of the warrants are expected to be
LAKE MARY, Fla., Nov. 26, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, authentication, anti-counterfeiting, and brand enhancement services, announced today that the Company's board of directors (the "Board") approved an extension of its share repurchase plan. The Board has approved an extension to the expiration date of the 2024 Share Repurchase Authorization to December 31, 2025. The Company may repurchase up to $500,000 of shares of our common stock from time to t
Quarterly revenue of $5.4 million in Q3 2024, compared to $5.6 million in Q3 2023Gross Profit of $1.9 million or 35% in Q3 2024, compared to $2.0 million or 37% in Q3 2023Net loss of ($2.4) million in Q3 2024, including $1.8M of one-time adjustments, compared to a net loss of ($0.9) million in Q3 2023Adjusted EBITDA1 of $0.2 million in Q3 2024, compared to Adjusted EBITDA of $0.2 million in Q3 2023LAKE MARY, Fla., Nov. 12, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature
LAKE MARY, Fla., Nov. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the third quarter ended September 30, 2024 on November 12, 2024. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared rem
Quarterly revenue of $5.4 million in Q2 2024, compared to $5.3 million in Q2 2023Gross Profit of $2.1 million or 39% in Q2 2024, compared to $1.6 million or 30% in Q2 2023, an increase of 32%Net loss of ($0.3) million in Q2 2024, compared to a net loss of ($0.9) million in Q2 2023Adjusted EBITDA(1) of $0.2 million in Q2 2024, compared to Adjusted EBITDA loss of ($0.4) million in Q2 2023LAKE MARY, Fla., Aug. 13, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive lo
LAKE MARY, Fla., Aug. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the second quarter ended June 30, 2024 on August 13, 2024. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared remarks re
LAKE MARY, Fla., May 23, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today an update on its 2024 outlook. VerifyMe has been notified by its large global carrier customer that it will end subcontracting VerifyMe's P
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4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
4 - VerifyMe, Inc. (0001104038) (Issuer)
LAKE MARY, Fla., May 31, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability and monitoring, authentication, anti-counterfeiting, and data-rich consumer engagement services, announced today that Adam Stedham has been appointed Chief Executive Officer. Mr. Stedham, who joined the Board of VerifyMe in April 2022 ha
LAKE MARY, Fla., March 16, 2023 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability and monitoring, authentication, and data-rich consumer engagement services, announced today that Patrick White has agreed to leave the Company to pursue other opportunities. Scott Greenberg, Executive Chairman will perform the duties of Chief Executive Officer to provide seamless leadership continuity until the Board appoints the new Chief Executive
ROCHESTER, NY / ACCESSWIRE / April 22, 2021 / VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company"), a provider of comprehensive brand protection and customer engagement solutions that combine ultra-secure product authentication, track and trace, and customized engagement strategies with industry-leading online retail monitoring capabilities, today announced the appointment of existing Board member Scott Greenberg becoming Chairman of the Board. Founder and Chairman Norman Gardner is retiring from the VerifyMe Board of Directors for health reasons, effective April 21, 2021.Norman is the founder of the Company as well as the inventor of the Company's core anti-counterfeitin
ROCHESTER, N.Y., March 30, 2021 (GLOBE NEWSWIRE) -- VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe,” “we,” “our,” or the “Company”), a provider of comprehensive brand protection and customer engagement solutions that combine ultra-secure product authentication, track and trace, and customized engagement strategies with industry-leading online retail monitoring capabilities, today announced that Robert Dlugopolski has joined VerifyMe as a Regional Sales Manager, to focus on expanding VerifyMe’s revenue growth by identifying new opportunities and closing new business in the western United States with heavy focus in California (Silicon Valley) and Seattle, Washington. Mr. Dlugopolski is a versati
ROCHESTER, N.Y., Feb. 25, 2021 (GLOBE NEWSWIRE) -- VerifyMe, Inc. (NASDAQ: VRME) (“VerifyMe,” “we,” “our,” or the “Company”), a provider of comprehensive brand protection and customer engagement solutions that combine ultra-secure product authentication, track and trace, and customized engagement strategies with industry-leading online retail monitoring capabilities, today announced that David Sandello has joined VerifyMe as Director of Sales and Business Development of North America to focus on expanding VerifyMe’s revenue operations and accelerate growth. Mr. Sandello brings 15 years of experience building, scaling and leading revenue organizations including new sales and growth through
Quarterly revenue of $4.5 million, compared to $5.8 million in Q1 2024(1) Quarterly gross profit of $1.5 million or 33%, compared to $2.3 million or 39% in Q1 2024 Net loss of ($0.6) million in Q1 2025 and Q1 2024(1) Adjusted EBITDA(2) of $0 million, compared to $0.1 million in Q1 2024(1) Cash of $5.7 million as of March 31, 2025LAKE MARY, Fla., May 13, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today the Company's financial results for its first quarter ended March 31, 2025 ("Q1 2025").
LAKE MARY, Fla., May 8, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, and brand protection and enhancement solutions, announced today that it will release its financial results for the first quarter ended March 31, 2025 on May 13, 2025. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared remarks regarding the Company's financial and operational results will be followed by a question and answer period with the executive management team.
LAKE MARY, Fla., Feb. 27, 2025 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) ("VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, anti-diversion, anti-counterfeiting, and brand protection and enhancement solutions, announced today that it will release its financial results for the fourth quarter ended December 31, 2024 on March 6, 2025. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared remarks regarding the Company's financial and operational results will be followed by a question and answer period with the executive management team.
Quarterly revenue of $5.4 million in Q3 2024, compared to $5.6 million in Q3 2023Gross Profit of $1.9 million or 35% in Q3 2024, compared to $2.0 million or 37% in Q3 2023Net loss of ($2.4) million in Q3 2024, including $1.8M of one-time adjustments, compared to a net loss of ($0.9) million in Q3 2023Adjusted EBITDA1 of $0.2 million in Q3 2024, compared to Adjusted EBITDA of $0.2 million in Q3 2023LAKE MARY, Fla., Nov. 12, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature
LAKE MARY, Fla., Nov. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the third quarter ended September 30, 2024 on November 12, 2024. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared rem
Quarterly revenue of $5.4 million in Q2 2024, compared to $5.3 million in Q2 2023Gross Profit of $2.1 million or 39% in Q2 2024, compared to $1.6 million or 30% in Q2 2023, an increase of 32%Net loss of ($0.3) million in Q2 2024, compared to a net loss of ($0.9) million in Q2 2023Adjusted EBITDA(1) of $0.2 million in Q2 2024, compared to Adjusted EBITDA loss of ($0.4) million in Q2 2023LAKE MARY, Fla., Aug. 13, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive lo
LAKE MARY, Fla., Aug. 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ: VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the second quarter ended June 30, 2024 on August 13, 2024. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared remarks re
Quarterly revenue of $5.8 million in Q1 2024, compared to $5.7 million in Q1, 2023 Gross Profit of $2.3 million or 39% in Q1 2024, compared to $1.5 million or 27% in Q1 2023, an increase of 49%Net loss of ($0.6) million in Q1, 2024, compared to a net loss of ($1.6) million in Q1 2023Adjusted EBITDA(1) of $0.1 million in Q1 2024, compared to Adjusted EBITDA loss of ($0.5) million in Q1 2023LAKE MARY, Fla., May 14, 2024 /PRNewswire/ -- PRNewswire — VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperatu
LAKE MARY, Fla., May 7, 2024 /PRNewswire/ -- VerifyMe, Inc. (NASDAQ:VRME) together with its subsidiaries, Trust Codes Global Limited ("Trust Codes Global") and PeriShip Global LLC ("PeriShip Global"), (together "VerifyMe," "we," "our," or the "Company") provides brand owners time and temperature sensitive logistics, supply chain traceability, authentication, anti-counterfeiting, and data-rich brand enhancement services, announced today that it will release its financial results for the first quarter ended March 31, 2024 on May 14, 2024. In conjunction with the release, VerifyMe has scheduled an investor conference call and webcast that day at 11:00 a.m. Eastern Time. Prepared remarks regar
Cash of $3.1 million as of December 31, 2023 (with cash flow provided by operations of $0.8 million in Q4 2023 and $0.2 million in the year ended December 31, 2023)2023 annual revenue of $25.3 million, compared to $19.6 million in 2022, an increase of 29%; with fourth quarter revenue of $8.7 million in Q4 2023, compared to $9.7 million in Q4 2022 2023 annual gross profit of $9.0 million or 36%, compared to $6.5 million or 33% in 2022; Gross Profit of $3.1 million or 36% in Q4 2023, compared to $2.8 million or 29% in Q4 20222023 annual net loss of $3.4 million, compared to a net loss of $14.4 million in 2022 (which includes the loss on the SPAC of 10.9 million); Net income of less than $0.1 m