secwatch.observer — SEC 8-K summary
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Issuer:     VerifyMe, Inc. (VRME)
CIK:        0001104038
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001214659-24-014269
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VerifyMe Q2 2024 revenue $5.4M; net loss narrows to $0.3M, first positive adjusted EBITDA
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- Revenue $5.4M vs $5.3M Q2 2023; gross profit $2.1M (39%) up 32% from $1.6M (30%).
- Net loss $(0.3)M ($0.03/diluted) vs $(0.9)M ($0.09) a year ago.
- Adjusted EBITDA positive $0.2M vs $(0.4)M loss; management reaffirms full-year positive adjusted EBITDA.
- Cash $2.9M at quarter end; CEO notes progress on formalizing Amazon relationship.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104038/000121465924014269/0001214659-24-014269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104038/000121465924014269/o8122438k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-014269

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