secwatch.observer — SEC 8-K summary
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Issuer:     VerifyMe, Inc. (VRME)
CIK:        0001104038
Form:       8-K
Filed at:   2023-11-08T23:59:59+00:00
Accession:  0001214659-23-014676
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VerifyMe reports Q3 2023 net loss of $0.9M; revenue up 7% to $5.6M
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- Revenue $5.6M (+7% YoY) driven by Precision Logistics premium services growth.
- Gross profit $2.3M (41% margin) vs $1.9M (36%) in Q3 2022.
- Net loss $0.9M ($0.09 diluted EPS) vs $0.6M loss ($0.06) prior year.
- Adjusted EBITDA turned positive to $0.2M from ($0.2M) loss.
- Cash of $3.0M as of Sep 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104038/000121465923014676/0001214659-23-014676-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104038/000121465923014676/d1172308k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-014676

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer