{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-24-008994","form_type":"8-K","ticker":"VRME","cik":"0001104038","company_name":"VerifyMe, Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.298668+00:00","generated_at":"2026-06-02T00:15:17.190385+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"VerifyMe reports Q1 2024 revenue of $5.8M, gross profit up 49%, net loss narrows to $0.6M","bullets":["Revenue of $5.8M in Q1 2024, up 2% from $5.7M in Q1 2023.","Gross profit of $2.3M (39% margin), a 49% increase from $1.5M (27%) a year earlier.","Net loss of ($0.6M) or ($0.05) per diluted share vs. ($1.6M) or ($0.17) in Q1 2023.","Adjusted EBITDA of $0.1M positive, the third consecutive quarter of positive adjusted EBITDA.","Cash balance of $2.8M as of March 31, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-24-008994","json":"https://secwatch.observer/filing/0001214659-24-008994.json","markdown":"https://secwatch.observer/filing/0001214659-24-008994.md","text":"https://secwatch.observer/filing/0001214659-24-008994.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1104038/000121465924008994/0001214659-24-008994-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1104038/000121465924008994/d5132438k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:15:17.190385+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3f1d7a7a8935aa896fcecb417f07ea00cf5f302d","claim":"VerifyMe, Inc. reported three months ended March 31, 2024 results: revenue $5.8 million, net income ($0.6) million, EPS ($0.05) per diluted share.","evidence_excerpt":"2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 VerifyMe Reports Improved First Quarter 2024 Financial Results including a Gross Profit increase of 49% · Quarterly revenue of $5.8 million in Q1 2024, compared to $5.7 million in Q1, 2023 · Gross Profit of $2.3 million or 39% in Q1 2024, compared to $1.5 million or 27% in Q1 2023, an increase of 49% · Net loss of","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1104038/000121465924008994/0001214659-24-008994-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Revenue","value":"$5.8 million"},{"label":"Net income","value":"($0.6) million"},{"label":"EPS","value":"($0.05) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}