VerifyMe Q1 2026 revenue down 60% to $1.8M; net loss widens to $0.7M

VerifyMe, Inc.

2026-Q1 EPS reported -$0.05 revenue$1,772,000

Revenue $1.8M vs $4.5M in Q1 2025, a 60% decline due to transition to new shipping partner.
Gross margin improved to 54% (from 33%) on lower revenue and cost restructuring.
Net loss of ($0.7)M or ($0.05)/diluted share versus ($0.6)M in prior year.
Adjusted EBITDA was ($0.1)M compared to $0.0M in Q1 2025; cash $3.5M at quarter end.
Received $2.1M final payment on ZenCredit loan on May 11, 2026, boosting liquidity.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

VerifyMe, Inc. reported the quarter ended March 31, 2026 results: revenue $1.8 million, net income Net loss of ($0.7) million, EPS ($0.05) per diluted share.

Period: the quarter ended March 31, 2026
Revenue: $1.8 million
Net income: Net loss of ($0.7) million
EPS: ($0.05) per diluted share
Result: reported results

Exact text from the filing

the Exchange Act. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 ex99_1.htm EXHIBIT 99.1 Exhibit 99.1 VerifyMe Reports First Quarter 2026 Financial Results · Quarterly revenue of $1.8 million, compared to $4.5 million in Q1 2025 · Quarterly gross profit of $1.0 million or 54%, compared to $1.5 million or 33% in Q1 2025 · Net loss of ($0.7) million, compared to ($0.6)

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Source: SEC EDGAR

accession 0001214659-26-006255

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