Verifyme, INC 10-Q quarterly reports

VerifyMe, Inc. announced its second quarter 2026 financial results, revealing a substantial revenue decrease and a widening net loss, while also providing updates on its proposed merger with Open World Ltd. and addressing a Nasdaq delisting notice.

VerifyMe, Inc. reported a significant 60% decrease in net revenue for Q1 2026 compared to the prior year, primarily due to the termination of its ProActive services agreement with a major carrier partner.

VerifyMe, Inc. reported a significant net loss and revenue decline for Q3 and YTD 2025, driven by a major FedEx partnership change and substantial impairment charges, despite improved gross margin and cash position.

VerifyMe, Inc. reported a reduced net loss in Q2 2025 despite a significant revenue decline, bolstered by improved liquidity and strategic debt reduction.

VerifyMe Inc.'s Q1 2025 revenue decreased by 23% compared to Q1 2024, primarily due to reduced demand in the Precision Logistics segment and the divestiture of Trust Codes Global.

VerifyMe Inc. reported its Q3 2024 financial results, which included a net loss and significant impairment charges, alongside a strategic decision to close its Trust Codes Global business.

VerifyMe Inc. reported a reduced net loss for the second quarter of 2024, with revenue holding steady compared to the same period last year.

VerifyMe, Inc. saw a significant improvement in gross profit during the first quarter of 2024, although the company still reported a net loss.