secwatch.observer — SEC 8-K summary
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Issuer:     VerifyMe, Inc. (VRME)
CIK:        0001104038
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001214659-25-003971
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VerifyMe Q4 rev $7.7M, 2024 adj EBITDA $0.9M; enters $15.8M ATM
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- Q4 2024 revenue $7.7M (down 11% YoY); net loss $0.5M vs. net income <$0.1M in Q4 2023.
- FY 2024 revenue $24.2M (down 4% YoY); net loss $3.8M including $1.6M of one-time items.
- FY 2024 adjusted EBITDA $0.9M (up 125% YoY); gross profit margin improved to 36% from 32%.
- Cash $5.7M as of Feb 28, 2025; senior long-term debt fully repaid; $0.8M convertible notes remain.
- ATM with Roth Capital allows sale of up to $15.8M common stock at 3% commission.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1104038/000121465925003971/0001214659-25-003971-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1104038/000121465925003971/r342508k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-25-003971

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