VerifyMe, Inc. (VRME) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 6.85M | 7.73M | 7.87M | 7.87M | 7.67M | 6.36M | 4.82M | 5.1M | 5.22M | 7.69M | 5.62M | 5.07M | 5.91M | 9.46M | 6M | 6.5M | 9.05M | 10.01M | 11.11M | 14.63M |
| Cash & Short-Term Investments | 3.52M | 4.35M | 4.01M | 6.07M | 5.71M | 2.82M | 2.61M | 2.9M | 2.82M | 3.1M | 3.01M | 2.7M | 3.08M | 3.41M | 3.79M | 3.85M | 8.58M | 9.42M | 10.63M | 11.36M |
| Cash Only | 3.52M | 4.35M | 4.01M | 6.07M | 5.71M | 2.82M | 2.61M | 2.9M | 2.82M | 3.1M | 3.01M | 2.7M | 3.08M | 3.41M | 3.69M | 3.75M | 8.43M | 9.42M | 10.63M | 11.36M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 93K | 94K | 143K | 0 | 0 | 0 |
| Accounts Receivable | 3.09M | 857K | 3.5M | 1.42M | 1.6M | 3.37M | 1.99M | 1.97M | 2.11M | 4.3M | 2.26M | 2.02M | 2.4M | 5.63M | 1.88M | 2.36M | 150K | 297K | 319K | 3.1M |
| Days Sales Outstanding | 100.26 | 83.78 | 44.97 | 30.4 | 50.15 | 32.15 | 33.44 | 34.67 | 50.66 | 34.65 | 35.16 | 37.7 | 63.86 | 35.63 | 37.43 | 25.4 | 124.94 | 111.12 | 523.48 | 1.2K |
| Inventory | 31K | 37K | 32K | 41K | 47K | 39K | 19K | 23K | 32K | 38K | 42K | 47K | 54K | 81K | 141K | 59K | 78K | 52K | 48K | 54K |
| Days Inventory Outstanding | 3.24 | 2.6 | 1.13 | 1.37 | 1.31 | 0.51 | 0.55 | 0.77 | 0.91 | 0.63 | 1.24 | 1.23 | 1.47 | 1.48 | 2.74 | 2.22 | 153.95 | 12.92 | 13.92 | 180.25 |
| Other Current Assets | 208K | 2.48M | 0 | 0 | 0 | 131K | 0 | 210K | 0 | 0 | 302K | 308K | 367K | 100K | 0 | 0 | 0 | 0 | 111K | 0 |
| Total Non-Current Assets | 5.27M | 5.29M | 5.39M | 9.3M | 9.42M | 9.71M | 10.01M | 12.44M | 12.67M | 13.02M | 13.19M | 13.35M | 13.51M | 11.29M | 11.42M | 11.6M | 11.86M | 11.68M | 11.49M | 707K |
| Property, Plant & Equipment | 16K | 20K | 146K | 169K | 188K | 352K | 498K | 562K | 631K | 708K | 771K | 842K | 895K | 761K | 821K | 882K | 188K | 204K | 215K | 218K |
| Fixed Asset Turnover | 98.44x | 28.80x | 31.96x | 25.32x | 16.50x | 18.03x | 10.25x | 8.97x | 8.60x | 11.78x | 6.95x | 6.14x | 6.84x | 12.27x | 6.12x | 8.41x | 0.82x | 1.22x | 1.39x | 0.55x |
| Goodwill | 2.93M | 2.93M | 2.93M | 3.99M | 3.99M | 3.99M | 3.99M | 5.33M | 5.31M | 5.38M | 5.31M | 5.34M | 5.37M | 3.99M | 4.09M | 4.09M | 0 | 0 | 0 | 0 |
| Intangible Assets | 2.33M | 2.35M | 2.32M | 5.04M | 5.14M | 5.26M | 5.36M | 6.54M | 6.73M | 6.75M | 7.11M | 6.99M | 7.08M | 6.41M | 6.42M | 6.52M | 514K | 509K | 471K | 478K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.16M | 10.96M | 10.81M | 11K |
| Other Non-Current Assets | 0 | 0 | 0 | 101K | 104K | 108K | 160K | 0 | 0 | 174K | 0 | 182K | 160K | 133K | 87K | 106K | 11.86M | 0 | 11.49M | 707K |
| Total Assets | 12.12M | 13.02M | 13.26M | 17.17M | 17.09M | 16.07M | 14.83M | 17.53M | 17.89M | 20.7M | 18.81M | 18.42M | 19.41M | 20.75M | 17.42M | 18.09M | 20.92M | 21.69M | 22.6M | 15.34M |
| Asset Turnover | 0.14x | 0.18x | 0.33x | 0.26x | 0.27x | 0.50x | 0.34x | 0.30x | 0.30x | 0.44x | 0.30x | 0.28x | 0.28x | 0.51x | 0.29x | 0.23x | 0.01x | 0.01x | 0.02x | 0.01x |
| Asset Growth % | -29.13% | -18.98% | -10.56% | -2.09% | -4.46% | -22.4% | -21.15% | -4.84% | -7.82% | -0.23% | 7.94% | 1.82% | -7.2% | -4.32% | -22.91% | 17.97% | 26.82% | 147.18% | 131.53% | 49.29% |
| Total Current Liabilities | 1.74M | 2.02M | 2.13M | 1.94M | 1.65M | 4.24M | 2.77M | 2.93M | 2.79M | 5.14M | 3.63M | 3.72M | 3.81M | 5.43M | 2.32M | 2.59M | 609K | 450K | 434K | 423K |
| Accounts Payable | 532K | 745K | 978K | 1.56M | 1.29M | 2.97M | 1.62M | 1.33M | 1.21M | 3.31M | 1.5M | 1.4M | 1.58M | 3.91M | 1.22M | 1.41M | 609K | 341K | 434K | 423K |
| Days Payables Outstanding | 60.87 | 64.81 | 39.43 | 44.33 | 64.75 | 40.29 | 38.37 | 35.5 | 58.83 | 37.86 | 40.24 | 36.14 | 59.67 | 34.32 | 35.95 | 32.6 | 1.13K | 100.14 | 116.98 | 1.5K |
| Short-Term Debt | 750K | 750K | 750K | 0 | 0 | 500K | 500K | 500K | 500K | 500K | 1M | 1.3M | 1.17M | 500K | 616K | 616K | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 457K | 0 | 0 | 0 | 0 | 0 | 22K | 123K | 195K | 173K | 162K | 122K | 6K | 0 | -116K | -116K | 0 | 0 | 0 | 0 |
| Current Ratio | 3.94x | 3.82x | 3.70x | 4.06x | 4.66x | 1.50x | 1.74x | 1.74x | 1.87x | 1.50x | 1.55x | 1.36x | 1.55x | 1.74x | 2.58x | 2.51x | 14.87x | 22.25x | 25.59x | 34.59x |
| Quick Ratio | 3.92x | 3.80x | 3.69x | 4.04x | 4.63x | 1.49x | 1.74x | 1.73x | 1.86x | 1.49x | 1.53x | 1.35x | 1.54x | 1.73x | 2.52x | 2.49x | 14.74x | 22.13x | 25.48x | 34.46x |
| Cash Conversion Cycle | 42.63 | 21.57 | 6.68 | -12.57 | -13.29 | -7.63 | -4.39 | -0.06 | -7.26 | -2.58 | -3.84 | 2.78 | 5.65 | 2.79 | 4.21 | -4.99 | -846.11 | 23.9 | 420.42 | -122.27 |
| Total Non-Current Liabilities | 0 | 0 | 32K | 793K | 804K | 1.61M | 1.78M | 2.35M | 2.71M | 3.03M | 3.27M | 2.35M | 2.64M | 1.74M | 1.89M | 1.92M | 126K | 71K | 9K | 0 |
| Long-Term Debt | 0 | 0 | 0 | 750K | 750K | 1.48M | 1.6M | 1.73M | 1.85M | 1.98M | 2.1M | 1.13M | 1.25M | 1.38M | 1.5M | 1.5M | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 32K | 43K | 54K | 139K | 184K | 223K | 263K | 307K | 346K | 389K | 434K | 359K | 387K | 416K | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 401K | 597K | 751K | 827K | 833K | 956K | 3K | 0 | 0 | 126K | 71K | 9K | 0 |
| Total Liabilities | 1.74M | 2.02M | 2.16M | 2.73M | 2.45M | 5.85M | 4.55M | 5.28M | 5.5M | 8.17M | 6.91M | 6.07M | 6.45M | 7.17M | 4.21M | 4.5M | 735K | 521K | 443K | 423K |
| Total Debt | 750K | 750K | 833K | 844K | 852K | 2.22M | 2.45M | 2.61M | 2.78M | 2.95M | 3.61M | 2.99M | 3.02M | 2.35M | 2.62M | 2.65M | 0 | 0 | 0 | 0 |
| Net Debt | -2.77M | -3.6M | -3.17M | -5.22M | -4.86M | -601K | -160K | -287K | -38K | -143K | 599K | 291K | -67K | -1.06M | -1.07M | -1.1M | -8.43M | -9.42M | -10.63M | -11.36M |
| Debt / Equity | 0.07x | 0.07x | 0.08x | 0.06x | 0.06x | 0.22x | 0.24x | 0.21x | 0.22x | 0.24x | 0.30x | 0.24x | 0.23x | 0.17x | 0.20x | 0.19x | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | 111.10x | - | - | - | 6.96x | - | - | - | 2.29x | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | -30.05x | - | - | - | -0.34x | - | - | - | -1.03x | - | - | - | - | - | - |
| Interest Coverage | - | - | -49.09x | - | - | -22.86x | -82.59x | -12.76x | -13.55x | 3.68x | -21.92x | -22.57x | -28.60x | 22.38x | -27.34x | -57.48x | - | - | - | - |
| Total Equity | 10.38M | 10.99M | 11.1M | 14.44M | 14.64M | 10.21M | 10.28M | 12.26M | 12.39M | 12.53M | 11.9M | 12.36M | 12.96M | 13.59M | 13.21M | 13.59M | 20.18M | 21.17M | 22.16M | 14.91M |
| Equity Growth % | -29.13% | 7.63% | 8.02% | 17.78% | 18.17% | -18.49% | -13.61% | -0.82% | -4.41% | -7.77% | -9.94% | -9.07% | -35.78% | -35.82% | -40.37% | -8.88% | 26.23% | 154.44% | 142.26% | 51.93% |
| Book Value per Share | 0.78 | 0.87 | 0.88 | 1.16 | 1.19 | 0.98 | 0.97 | 1.20 | 1.23 | 1.26 | 1.20 | 1.27 | 1.39 | 1.42 | 1.48 | 1.62 | 2.81 | 2.81 | 2.93 | 2.02 |
| Total Shareholders' Equity | 10.38M | 10.99M | 11.1M | 14.44M | 14.64M | 10.21M | 10.28M | 12.26M | 12.39M | 12.53M | 11.9M | 12.36M | 12.96M | 13.59M | 13.21M | 13.59M | 20.18M | 21.17M | 22.16M | 14.91M |
| Common Stock | 14K | 14K | 13K | 13K | 13K | 11K | 11K | 11K | 10K | 10K | 10K | 10K | 10K | 10K | 10K | 9K | 7K | 7K | 7K | 7K |
| Retained Earnings | -91.26M | -90.58M | -89.89M | -86.53M | -86.24M | -85.67M | -85.17M | -82.75M | -82.4M | -81.85M | -81.85M | -80.92M | -80.04M | -78.46M | -78.57M | -78.01M | -65.45M | -64.06M | -63.06M | -70.25M |
| Treasury Stock | -476K | -502K | -502K | -434K | -351K | -480K | -464K | -464K | -589K | -659K | -748K | -792K | -793K | -949K | -843K | -756K | -756K | -838K | -577K | -341K |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 12K | -86K | -46K | -66K | -2K | -75K | -50K | -6K | -3K | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |