{"schema_version":"secwatch.filing_event.v1","accession":"0001214659-26-006255","form_type":"8-K","ticker":"VRME","cik":"0001104038","company_name":"VerifyMe, Inc.","filed_at":"2026-05-15T12:00:23+00:00","discovered_at":"2026-05-15T12:05:00.218088+00:00","generated_at":"2026-05-15T12:07:19.826878+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"VerifyMe Q1 2026 revenue down 60% to $1.8M; net loss widens to $0.7M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001214659-26-006255","json":"https://secwatch.observer/filing/0001214659-26-006255.json","markdown":"https://secwatch.observer/filing/0001214659-26-006255.md","text":"https://secwatch.observer/filing/0001214659-26-006255.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1104038/000121465926006255/0001214659-26-006255-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1104038/000121465926006255/z5142608k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T12:07:19.826878+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":"5d47ac6623a36ba56ecaf4b33660a7291122554e","claim":"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.","evidence_excerpt":"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)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1104038/000121465926006255/0001214659-26-006255-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Revenue","value":"$1.8 million"},{"label":"Net income","value":"Net loss of ($0.7) 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"}