Core Viewpoint - VerifyMe, Inc. reported a decrease in revenue for Q2 2025 compared to Q2 2024, primarily due to discontinued contracts, but showed positive adjusted EBITDA growth and cash generation [2][4][10]. Financial Performance - Revenue for Q2 2025 was $4.5 million, down from $5.4 million in Q2 2024, a decrease of $0.9 million [4][10]. - Gross profit in Q2 2025 was $1.6 million, resulting in a gross margin of 35%, compared to $2.1 million and 39% in Q2 2024 [5][10]. - Operating loss was ($0.3) million in Q2 2025, an improvement from ($0.5) million in Q2 2024, attributed to reduced operating expenses [6][10]. - Net loss for Q2 2025 was ($0.29) million, or ($0.02) per share, compared to a net loss of ($0.34) million, or ($0.03) per share in Q2 2024 [7][10]. - Adjusted EBITDA for Q2 2025 was $0.3 million, up from $0.2 million in Q2 2024 [8][10]. Cash Position - As of June 30, 2025, the company had a cash balance of $6.1 million, with cash provided by operations amounting to $0.7 million in Q2 2025, compared to $0.4 million in Q2 2024 [8][10]. Strategic Outlook - The CEO expressed optimism regarding year-to-date adjusted EBITDA growth over 2024, positive cash generation, and a new partnership with a major parcel carrier in the US, while also indicating plans for strategic acquisitions and organic revenue growth in 2026 [2].

Core Viewpoint - VerifyMe, Inc. reported a decline in revenue and gross profit for Q1 2025, primarily due to decreased demand from proactive customers and a shift in strategy from a key customer, while maintaining a stable cash position to support shareholder value creation [2][4][10]. Financial Performance - Revenue for Q1 2025 was $4.5 million, down from $5.8 million in Q1 2024, representing a decrease of approximately 22% [4][11]. - Gross profit decreased to $1.5 million in Q1 2025, with a gross margin of 33%, compared to $2.3 million and 39% in Q1 2024 [5][10]. - The net loss remained consistent at ($0.6) million for both Q1 2025 and Q1 2024, with a loss per diluted share of ($0.05) [6][11]. Operational Highlights - Adjusted EBITDA for Q1 2025 was $0.0 million, compared to $0.1 million in Q1 2024, indicating a slight decline in operational performance [7][10]. - The company had a cash balance of $5.7 million and working capital of $6.0 million as of March 31, 2025, providing a solid financial foundation [7][10]. Shareholder Information - As of March 31, 2025, the company had 12,665,892 shares issued and 12,414,772 shares outstanding [8][10].

Company Overview - VerifyMe, Inc. (NASDAQ: VRME) specializes in providing logistics for time and temperature sensitive products, as well as brand protection and enhancement solutions [3]. Financial Results Announcement - The company will release its financial results for the first quarter ended March 31, 2025, on May 13, 2025 [1]. - An investor conference call and webcast is scheduled for the same day at 11:00 a.m. Eastern Time, which will include prepared remarks followed by a Q&A session with the executive management team [1]. Accessing the Conference Call - The conference call can be accessed via a webcast link or by calling designated numbers for US and international participants [2]. - Presentation slides will be available on the Investors section of the VerifyMe website on the morning of the call, and the webcast will be archived for 90 days [2].