VerifyMe Inc (NASDAQ: VRME) is a logistics company that specializes in time-sensitive and temperature-sensitive parcel management, operating primarily through its Precision Logistics segment via subsidiary PeriShip Global. Revenue comes from transactional logistics services, including ProActive Services and Premium services, delivered through a proprietary software platform with predictive analytics, real-time shipment visibility, weather tracking, flight-tracking, and last-mile monitoring. The Precision Logistics segment accounts for nearly all company revenue, with an Authentication segment providing brand protection and anti-counterfeiting solutions for brand owners. Premium services represented approximately 19% of Precision Logistics segment revenue for each of the years ended December 31, 2025, and December 31, 2024. The company signed a three-year Digital Channel Program Agreement and Partner API Access Agreement with a new Strategic Partner on July 29, 2025, replacing reliance on a prior carrier partner that no longer resells VerifyMe's Premium services. Adam Stedham serves as Chief Executive Officer and President. A pending merger was referenced in the FY2025 10-K filed March 31, 2026.

Revenue model

Transactional logistics services fees through the Precision Logistics segment, split between ProActive Services and Premium services. Premium services accounted for approximately 19% of Precision Logistics segment revenue for FY2025 and FY2024. The Authentication segment generates revenue from brand protection and anti-counterfeiting solutions sold to brand owners.

Products and services

Precision Logistics: proprietary software platform with predictive analytics, pre-shipment weather analysis, flight-tracking, sort volume monitoring, traffic analysis, real-time shipment visibility portal, service center support, ProActive Services, and Premium services for perishable parcel management. Authentication: anti-counterfeiting and brand protection technologies to deter counterfeit and diversion activities.

Customers and end markets

Shippers of time-sensitive and temperature-sensitive perishable products, including high-end perishable goods. Brand owners seeking anti-counterfeiting and diversion protection. The company noted softening demand for services related to high-end perishable items due to reduced U.S. consumer discretionary spending, as disclosed in the FY2025 10-K.

Value-chain role

Value-added logistics service provider and software platform operator sitting between shippers of perishable goods and carrier partners. Acts as a predictive analytics and proactive monitoring layer over carrier networks, with API integrations to carrier systems and a dedicated service center for issue resolution.

Geographic exposure

Primarily U.S.-focused based on disclosed operations. International exposure referenced only through GDPR compliance obligations for European user data.

Competitors

Prior unnamed carrier partner (now offers competing Premium services directly to customers)

Source: SEC 10-K, filed 2026-03-31

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