VerifyMe Inc
NASDAQ:VRME
Income Statement
Earnings Waterfall
VerifyMe Inc
Revenue
|
25.3m
USD
|
Cost of Revenue
|
-16.3m
USD
|
Gross Profit
|
9m
USD
|
Operating Expenses
|
-12.3m
USD
|
Operating Income
|
-3.3m
USD
|
Other Expenses
|
-62k
USD
|
Net Income
|
-3.4m
USD
|
Income Statement
VerifyMe Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
0
N/A
|
0
N/A
|
0
N/A
|
0
+71%
|
0
N/A
|
0
+17%
|
0
N/A
|
0
+64%
|
0
-4%
|
0
-5%
|
0
-29%
|
0
-93%
|
0
+300%
|
0
N/A
|
0
-25%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+300%
|
0
+75%
|
0
+86%
|
0
+23%
|
0
+19%
|
0
+26%
|
0
+21%
|
0
+14%
|
0
+12%
|
0
-8%
|
0
+32%
|
0
+9%
|
1
+41%
|
1
+26%
|
1
-3%
|
5
+521%
|
10
+94%
|
20
+93%
|
25
+28%
|
26
+3%
|
26
+1%
|
25
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
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)
|
(3)
|
(6)
|
(13)
|
(17)
|
(18)
|
(18)
|
(16)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+100%
|
0
+100%
|
0
+275%
|
0
N/A
|
0
-7%
|
0
-14%
|
0
-92%
|
0
N/A
|
0
+100%
|
0
-50%
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
N/A
|
0
+150%
|
0
+60%
|
0
+38%
|
0
+27%
|
0
+43%
|
0
+25%
|
0
+12%
|
0
+11%
|
0
-10%
|
0
+25%
|
0
+11%
|
1
+28%
|
1
+20%
|
1
-3%
|
2
+274%
|
4
+77%
|
6
+69%
|
8
+25%
|
8
+2%
|
9
+5%
|
9
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(11)
|
(12)
|
(5)
|
(4)
|
(13)
|
(12)
|
(13)
|
(14)
|
(5)
|
(5)
|
(4)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(6)
|
(7)
|
(9)
|
(10)
|
(11)
|
(11)
|
(12)
|
(12)
|
|
Selling, General & Administrative |
(11)
|
(11)
|
(3)
|
(3)
|
(3)
|
(2)
|
(1)
|
(2)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(5)
|
(5)
|
(5)
|
(7)
|
(9)
|
(10)
|
(12)
|
(12)
|
(12)
|
(12)
|
|
Research & Development |
(1)
|
(1)
|
(1)
|
(1)
|
(11)
|
(10)
|
(12)
|
(12)
|
(2)
|
(2)
|
(1)
|
(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)
|
|
Depreciation & Amortization |
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
|
0
|
|
Operating Income |
(11)
N/A
|
(12)
-11%
|
(5)
+63%
|
(4)
+6%
|
(13)
-208%
|
(12)
+13%
|
(13)
-13%
|
(13)
-3%
|
(5)
+64%
|
(5)
-10%
|
(4)
+21%
|
(4)
+13%
|
(3)
+8%
|
(3)
+22%
|
(2)
+22%
|
(2)
+2%
|
(3)
-31%
|
(3)
-16%
|
(3)
-4%
|
(3)
-5%
|
(2)
+34%
|
(2)
+7%
|
(2)
+2%
|
(2)
-6%
|
(2)
-4%
|
(2)
-9%
|
(2)
-4%
|
(3)
-11%
|
(3)
-19%
|
(4)
-14%
|
(4)
-18%
|
(4)
-2%
|
(4)
-1%
|
(5)
-16%
|
(5)
+3%
|
(5)
+2%
|
(4)
+24%
|
(3)
+13%
|
(3)
+9%
|
(3)
-10%
|
(3)
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(4)
|
10
|
16
|
5
|
6
|
7
|
4
|
6
|
3
|
2
|
4
|
1
|
2
|
2
|
(0)
|
1
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
8
|
8
|
9
|
(3)
|
(11)
|
(11)
|
(11)
|
(0)
|
(0)
|
(0)
|
|
Non-Reccuring Items |
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
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
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(16)
N/A
|
(4)
+76%
|
11
N/A
|
1
-94%
|
(8)
N/A
|
(5)
+40%
|
(9)
-97%
|
(7)
+21%
|
(2)
+69%
|
(4)
-55%
|
(1)
+72%
|
(3)
-197%
|
(2)
+45%
|
(0)
+74%
|
(3)
-488%
|
(1)
+55%
|
(3)
-197%
|
(4)
-24%
|
(4)
-7%
|
(5)
-2%
|
(3)
+36%
|
(2)
+21%
|
(2)
+6%
|
(2)
-11%
|
(3)
-4%
|
(3)
-23%
|
(5)
-64%
|
(5)
-5%
|
(6)
-10%
|
(6)
-2%
|
(5)
+21%
|
3
N/A
|
4
+5%
|
3
-5%
|
(8)
N/A
|
(16)
-100%
|
(14)
+7%
|
(15)
-1%
|
(3)
+80%
|
(3)
-13%
|
(3)
-3%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
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
|
0
|
|
Income from Continuing Operations |
(16)
|
(4)
|
11
|
1
|
(8)
|
(5)
|
(9)
|
(7)
|
(2)
|
(4)
|
(1)
|
(3)
|
(2)
|
(0)
|
(3)
|
(1)
|
(3)
|
(4)
|
(4)
|
(5)
|
(3)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(5)
|
(5)
|
(6)
|
(6)
|
(5)
|
3
|
4
|
3
|
(8)
|
(16)
|
(14)
|
(15)
|
(3)
|
(3)
|
(3)
|
|
Net Income (Common) |
(17)
N/A
|
(4)
+78%
|
11
N/A
|
1
-94%
|
(8)
N/A
|
(5)
+40%
|
(9)
-97%
|
(7)
+21%
|
(2)
+69%
|
(4)
-55%
|
(2)
+37%
|
(4)
-89%
|
(2)
+61%
|
(2)
-1%
|
(3)
-52%
|
(1)
+55%
|
(4)
-249%
|
(5)
-20%
|
(5)
-6%
|
(5)
-2%
|
(3)
+43%
|
(2)
+21%
|
(2)
+6%
|
(2)
-11%
|
(3)
-4%
|
(3)
-23%
|
(5)
-64%
|
(5)
-5%
|
(6)
-10%
|
(6)
-2%
|
(5)
+21%
|
3
N/A
|
4
+5%
|
3
-5%
|
(8)
N/A
|
(16)
-100%
|
(14)
+7%
|
(15)
-1%
|
(3)
+80%
|
(3)
-13%
|
(3)
-3%
|
|
EPS (Diluted) |
-248.42
N/A
|
-55.85
+78%
|
131.25
N/A
|
8.28
-94%
|
-113.14
N/A
|
-67.85
+40%
|
-116.99
-72%
|
-49.53
+58%
|
-22.99
+54%
|
-29.66
-29%
|
-20.36
+31%
|
-28.2
-39%
|
-11.78
+58%
|
-9.76
+17%
|
-2.25
+77%
|
-1.34
+40%
|
-7.1
-430%
|
-3.13
+56%
|
-2.64
+16%
|
-2.56
+3%
|
-1.56
+39%
|
-1.23
+21%
|
-1.11
+10%
|
-1.23
-11%
|
-1.17
+5%
|
-1.37
-17%
|
-1.98
-45%
|
-0.97
+51%
|
-1.48
-53%
|
-0.91
+39%
|
-0.64
+30%
|
0.45
N/A
|
0.49
+9%
|
0.47
-4%
|
-0.94
N/A
|
-1.73
-84%
|
-1.7
+2%
|
-1.56
+8%
|
-0.31
+80%
|
-0.34
-10%
|
-0.35
-3%
|