VerifyMe, Inc. company info

CIK 1104038
IRS Number 233023677
State of incorporation NV
Business address 75 S. CLINTON AVE.
SUITE 510
ROCHESTER
NY
14604
Mail address 75 S. CLINTON AVE.
SUITE 510
ROCHESTER
NY
14604

Short summary

VerifyMe, Inc. is a New York company, with head office located at 75 S. Clinton Ave. Rochester, New York 14604. In 2019 the company owned a total of 1.32 million USD worth of assets, including 953.46 thousand USD worth of current assets. 2012 was the year when the company amassed the most assets.

VerifyMe, Inc. Income Statement

Name [in Millions USD]20002001200220032004200520062007200820092010201120122013201420152016201720182019Trends
Revenue, Net 0.010.020.000.120.220.04
Gross Profit 0.040.020.050.010.010.000.010.150.010.05
Research and development 0.020.020.010.010.010.6610.592.410.250.130.19
Operating Expenses 0.570.530.530.541.0911.6413.585.393.752.842.64
Operating Income (Loss) -0.53-1.08-11.64-13.57-5.24-3.73-2.84-2.60
Interest expense 0.410.190.250.320.280.130.200.060.010.22-0.01
Income Tax Expense (Benefit)
Net income -0.37-1.05-1.20-1.11-1.41-1.27-1.61-1.12-0.93-0.69-0.72-0.67-1.20-16.39-7.92-2.30-1.65-3.39-2.93

VerifyMe, Inc. Balance Sheet

Name [in Millions USD]20002001200220032004200520062007200820092010201120122013201420152016201720182019Trends
Cash and cash equivalents 0.000.020.080.152.870.111.010.220.542.320.590.67
Accounts Receivable, Net, Current 0.010.060.060.010.010.020.05
Inventories 0.020.020.020.030.030.080.070.040.030.010.040.04
Property, Plant and Equipment, Gross 0.030.030.240.240.240.200.200.20
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.030.030.030.030.020.130.200.230.200.200.20
Other Assets, Noncurrent 0.160.140.250.23
Total assets 0.180.200.420.304.470.701.500.520.812.531.191.32
Current assets 0.030.050.280.194.130.431.330.270.582.350.840.95
Total current liabilities 0.891.191.492.080.480.900.741.171.070.490.450.90
Total liabilities 7.813.922.51
Common Stock, Value, Issued 0.070.130.160.170.270.340.010.010.040.100.110.11
Retained Earnings (Accumulated Deficit) -29.78-38.92-39.92-42.46-58.25-60.44-61.15

VerifyMe, Inc. Cash Flow

Name [in Millions USD]20002001200220032004200520062007200820092010201120122013201420152016201720182019Trends
Net income -0.37-1.05-1.20-1.11-1.41-1.27-1.61-1.12-0.93-0.69-0.72-0.67-1.20-16.39-7.92-2.30-1.65-3.39-2.93
Depreciation and amortization 0.010.010.010.010.010.080.080.090.030.04
Depreciation 00.000.070.070.070.0000
Amortization of Intangible Assets
Deferred Income Tax Expense (Benefit) 0.100.263.28-0.37-0.39-0.43
Accounts receivable 0.00-0.000.01-0.010.000.00-0.00-0.070.03
Inventories -0.01-0.000.000.01-0.020.010.06-0.00-0.01-0.020.04
Deferred revenue 0.02-0.02
Net Cash Provided by (Used in) Operating Activities -0.37-0.27-0.37-0.31-1.34-0.94-2.38
Payments to Acquire Property, Plant, and Equipment 0.000.010.00
Payments to Acquire Intangible Assets 0.010.020.000.000.04
Net Cash Provided by (Used in) Investing Activities -0.01-0.00-0.00-0.00-0.00-0.11
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -0.00-0.01-0.03-0.00
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.02
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.02
Proceeds from Issuance of Common Stock 0.402.060.240.051.331.15
Payments for Repurchase of Common Stock -0.02
Net Cash Provided by (Used in) Financing Activities 0.370.300.420.291.361.613.47
Cash and Cash Equivalents, Period Increase (Decrease) 0.000.020.05-0.022.94-1.71-1.22-0.060.020.670.98