VerifyMe, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $4.4M | $2.8M | $3.0M | $3.3M | $9.4M | $7.9M | $253.0K | $1.7M |
| Accounts Receivable | $857.0K | $2.6M | $3.0M | $4.4M | $297.0K | $31.0K | $81.0K | $30.4K |
| Inventory | $37.0K | $39.0K | $38.0K | $81.0K | $52.0K | $54.0K | $30.0K | $42.0K |
| Total Current Assets | $7.7M | $6.4M | $7.7M | $9.5M | $10.0M | $8.2M | $447.0K | $1.8M |
| Property, Plant & Equipment | $20.0K | $116.0K | $240.0K | $292.0K | $204.0K | $73.0K | — | — |
| Goodwill | $2.9M | $4.0M | $5.4M | $4.0M | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $2.3M | $5.4M | $6.9M | $6.5M | $509.0K | $293.0K | $219.0K | $209.0K |
| Total Assets | $13.0M | $16.1M | $20.7M | $20.8M | $21.7M | $8.8M | $943.0K | $2.1M |
| Liabilities | ||||||||
| Accounts Payable | $745.0K | $3.0M | $3.3M | $3.9M | $341.0K | — | — | — |
| Total Current Liabilities | $2.0M | $4.2M | $5.1M | $5.4M | $450.0K | $383.0K | $1.0M | $480.3K |
| Long-Term Debt | — | — | $875.0K | $1.4M | — | — | — | — |
| Total Liabilities | $2.0M | $5.9M | $8.2M | $7.2M | $521.0K | $455.0K | $1.0M | $480.6K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-90.6M | $-85.7M | $-81.8M | $-78.5M | $-64.1M | $-67.7M | $-61.8M | $-59.3M |
| Total Stockholders' Equity | $11.0M | $10.2M | $12.5M | $13.6M | $21.2M | $8.3M | $-67.0K | $1.6M |