VerifyMe, Inc.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $74.9K | — | $37.1K | $217.3K | $124.6K | $3.1K | $17.0K | $8.9K |
| Cost of Revenue | $28.8K | — | $24.4K | $65.7K | $113.0K | $2.7K | $4.1K | $373 |
| Gross Profit | $46.1K | — | $12.7K | $151.5K | $11.6K | $430 | $12.9K | $8.5K |
| Gross Margin | 61.5% | — | 34.3% | 69.8% | 9.3% | 13.7% | 76.0% | 95.8% |
| Operating Expenses | ||||||||
| Research & Development | $187.7K | $128.0K | $250.2K | $2.4M | $10.6M | $655.8K | $5.4K | $9.1K |
| SG&A Expense | $1.6M | $1.7M | $1.0M | $449.5K | $811.9K | $762.7K | $129.3K | $114.4K |
| Operating Income | $-2.6M | $-2.8M | $-3.7M | $-5.2M | $-13.6M | $-11.6M | $-1.1M | $-527.8K |
| Operating Margin | -3,466.4% | — | -10,077.8% | -2,412.9% | -10,887.3% | -370,737.9% | -6,329.2% | -5,941.3% |
| Interest Expense | $-6.7K | $218.3K | $12.9K | $61.4K | $199.4K | $127.8K | $277.4K | $321.6K |
| Pretax Income | $-2.9K | $-3.4K | $-1.6K | — | $-7.9M | $-16.4M | $-1.2M | $-665.1K |
| Income Tax Expense | — | — | — | — | $0 | $0 | — | — |
| Net Income | $-2.9M | $-3.4M | $-1.6M | $-2.3M | $-7.9M | $-16.4M | $-1.2M | $-665.1K |
| Net Margin | -3,916.0% | — | -4,442.7% | -1,059.5% | -6,355.2% | -522,002.2% | -7,041.3% | -7,486.6% |
| EPS (Basic) | $-0.03 | $-0.05 | $-0.02 | $-0.04 | $-0.19 | $-0.01 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.03 | $-0.05 | $-0.02 | $-0.04 | $-0.19 | $-0.01 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 93.9M | 84.7M | 82.3M | 58.2M | 42.9M | 3.00B | 1.81B | 1.74B |
| Shares Outstanding (Diluted) | 93.9M | 84.7M | 82.3M | 58.2M | 42.9M | 3.00B | 1.81B | 1.74B |
| Dividends Per Share | — | — | — | — | — | — | — | — |