Earnings summaries and quarterly performance for VerifyMe.
Executive leadership at VerifyMe.
Board of directors at VerifyMe.
Research analysts who have asked questions during VerifyMe earnings calls.
Recent press releases and 8-K filings for VRME.
VerifyMe Regains Nasdaq Compliance
VRME
Delisting/Listing Issues
- VerifyMe, Inc. (VRME) has regained compliance with the Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share.
- The company's common stock maintained a closing bid price of $1.00 or above for 10 consecutive business days, from January 13, 2026, through January 29, 2026.
- Nasdaq confirmed that the matter is now closed, and VerifyMe remains listed on The Nasdaq Capital Market.
5 days ago
VerifyMe's Merger Partner Open World Launches RWA Tokenization Center in Saudi Arabia
VRME
New Projects/Investments
M&A
- Open World, which plans to merge with VerifyMe (NASDAQ: VRME), has established Saudi Arabia’s first RWA (Real-World Asset) Tokenization Center of Excellence to accelerate compliant digital asset innovation for sovereign, enterprise, and institutional clients, supporting the Kingdom’s Vision 2030 Digital Economy Goals.
- The Center of Excellence is expected to commence full operations in 2026, with initial pilot projects targeted for mid-year launch, focusing on the tokenization of assets such as energy infrastructure, real estate, and carbon reduction credits.
- The press release highlights the uncertainty of whether Open World and VerifyMe will enter into a merger agreement and, if so, whether the merger will close.
Jan 22, 2026, 12:00 PM
VerifyMe and Open World Announce Plans for Strategic Merger
VRME
M&A
- VerifyMe, Inc. (NASDAQ: VRME), a publicly traded provider of precision logistics and brand protection technologies, has entered into a letter of intent to merge with Open World Ltd..
- Open World, described as a token economy leader and a strategic partner in the Web3 ecosystem, intends to list on Nasdaq through this proposed strategic merger.
Jan 7, 2026, 2:47 AM
VerifyMe Announces Proposed Merger with Open World
VRME
M&A
CEO Change
Listing Issues
- VerifyMe (NASDAQ: VRME) and Open World Ltd. have entered into a letter of intent to merge, with the combined company expected to continue listing on Nasdaq under a new ticker symbol.
- Upon closing, Open World shareholders are expected to own approximately 90% of the combined company, and VerifyMe stockholders approximately 10%.
- Matt Shaw, co-founder and CEO of Open World, is expected to become CEO and Chairman of the combined company post-close.
- VerifyMe is also expected to have the opportunity to pay a special one-time cash dividend to its stockholders prior to the merger, equal to the amount of cash on its balance sheet in excess of $1 million.
- The letter of intent includes an exclusivity period of 60 days for due diligence and negotiation of a definitive merger agreement, with a potential break-up fee of $400,000 or $500,000 if the LOI is terminated under certain circumstances.
Jan 6, 2026, 12:00 PM
VerifyMe and Open World Announce Plan for Strategic Merger
VRME
M&A
Board Change
Management Change
- On January 5, 2026, VerifyMe, Inc. (NASDAQ: VRME) and Open World Ltd. announced their entry into a letter of intent for a strategic merger.
- Upon closing, the combined company is expected to be publicly traded on Nasdaq under a new ticker symbol. Open World shareholders are expected to own approximately 90% of the combined company, with legacy VerifyMe shareholders owning approximately 10% on a fully diluted basis.
- Matt Shaw, co-founder and CEO of Open World, is expected to become CEO and Chairman of the combined company post-close. The board of directors will consist of seven members, with Open World entitled to name six directors and VerifyMe designating one.
- The merger aims to deliver institutional-grade on-chain solutions and real-world asset tokenization, leveraging Open World's expertise in token launches and blockchain applications with VerifyMe's precision logistics and brand protection technologies.
- VerifyMe is required to have a minimum cash balance of not less than $1,000,000 at closing, with any excess cash potentially paid as a dividend to legacy VerifyMe shareholders prior to closing.
Jan 5, 2026, 1:06 PM
VerifyMe and Open World Announce Plan for Strategic Merger
VRME
M&A
CEO Change
New Projects/Investments
- VerifyMe, Inc. (NASDAQ: VRME) and Open World Ltd. have announced a plan to complete a strategic merger, with the combined entity expected to trade on Nasdaq under a new ticker symbol.
- The merged company aims to deliver institutional-grade on-chain solutions and real-world asset (RWA) tokenization, leveraging Open World's Web3 expertise and VerifyMe's logistics and brand protection technologies.
- Upon closing, Open World shareholders are expected to own approximately 90% and VerifyMe stockholders approximately 10% of the combined company.
- Matt Shaw, co-founder and CEO of Open World, is expected to become the CEO and Chairman of the combined company post-close.
- VerifyMe stockholders may receive a special one-time cash dividend prior to the merger, equal to the cash on its balance sheet exceeding $1 million.
Jan 5, 2026, 1:00 PM
VRME Announces Q3 2025 Results
VRME
Earnings
Guidance Update
- VRME reported Q3 2025 revenue of $5.0 million, representing a 7% decrease compared to Q3 2024, and anticipates further revenue declines in Q4 2025 and Q1 2026 due to a transition to a new shipping partner.
- Despite the revenue decline, Adjusted EBITDA significantly improved to $832k in Q3 2025, a 378% increase from $174k in Q3 2024, driven by a 6% increase in gross profit to 41% and a 34% reduction in operating costs (excluding impairment charges).
- The company recorded a Net Loss of ($3.3 million) in Q3 2025, which included a $3.9 million impairment charge.
Nov 17, 2025, 2:00 PM
VerifyMe Reports Q3 2025 Financial Results Amid Shipping Partner Transition
VRME
Earnings
Guidance Update
Revenue Acceleration/Inflection
- VerifyMe reported Q3 2025 revenue of $5.0 million, a decrease from $5.4 million in Q3 2024, primarily due to $0.8 million in previously disclosed discontinued services.
- Gross margin improved to 41% in Q3 2025 from 35% in Q3 2024, marking the third consecutive quarter of improvement, and adjusted EBITDA increased to $0.8 million from $0.2 million in Q3 2024.
- The company recognized a $3.9 million one-time non-cash impairment expense in Q3 2025 related to the transition from its previous proactive shipping partner, resulting in a net loss of $3.4 million.
- Operating expenses (excluding impairment) decreased to $1.7 million in Q3 2025 from $2.5 million in Q3 2024, driven by the divestiture of the TrustCodes business and cost-cutting measures.
- VerifyMe anticipates a material impact on Q4 2025 and Q1 2026 revenues due to the ongoing shipping partner transition but expects to remain cash flow positive for the full year 2025 and 2026.
Nov 17, 2025, 2:00 PM
VerifyMe Announces Q3 2025 Results with Improved Gross Margin and Adjusted EBITDA
VRME
Earnings
Guidance Update
M&A
- VerifyMe (VRME) reported Q3 2025 revenue of $5.0 million, a decrease from $5.4 million in Q3 2024, primarily due to $0.8 million in previously disclosed discontinued services.
- The company's gross profit increased to $2.1 million in Q3 2025 compared to $1.9 million in Q3 2024, with the gross margin improving to 41% from 35% in the prior year quarter.
- VerifyMe recognized a one-time non-cash impairment expense of $3.9 million related to its PeriShip business in Q3 2025, resulting in a net loss of $3.4 million or $0.26 per diluted share.
- Adjusted EBITDA improved to $0.8 million in Q3 2025 from $0.2 million in Q3 2024, and the company expects to be cash flow positive for the full year 2025 and 2026, despite anticipated revenue decreases in Q4 2025 and Q1 2026 due to a shipping partner transition.
- As of September 30, 2025, VerifyMe had a cash balance of $4.0 million and is engaged in meaningful ongoing conversations regarding potential M&A.
Nov 17, 2025, 2:00 PM
VerifyMe Reports Q3 2025 Results with Revenue Decline Offset by Improved Margins and Adjusted EBITDA
VRME
Earnings
Guidance Update
Demand Weakening
- VerifyMe reported Q3 2025 revenue of $5.0 million, a 7% decrease from the prior year's $5.4 million, primarily due to $0.8 million of previously disclosed discontinued services with two proactive customers.
- Despite the revenue decrease, gross profit increased to $2.1 million in Q3 2025 from $1.9 million in Q3 2024, and gross margin improved to 41% from 35% in Q3 2024, marking the third consecutive quarter of improvement.
- The company recognized a $3.9 million one-time non-cash impairment expense in Q3 2025 related to goodwill and intangible assets in its PeriShip business, contributing to a net loss of $3.4 million (or $0.26 per diluted share).
- Adjusted EBITDA improved to $0.8 million in Q3 2025 compared to $0.2 million in Q3 2024, driven by improved gross margins and reduced operating expenses.
- VerifyMe is undergoing a transition to a new proactive shipping partner, which is anticipated to decrease revenues in Q4 2025 and Q1 2026 but is expected to position the company for long-term growth and maintain cash flow positive status for the full years 2025 and 2026.
Nov 17, 2025, 2:00 PM
Quarterly earnings call transcripts for VerifyMe.
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