2021 Q3 Form 10-Q Financial Statement
#000121465921008524 Filed on August 13, 2021
Income Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q4 |
---|---|---|---|
Revenue | $300.0K | $124.0K | $80.00K |
YoY Change | 200.0% | 65.33% | -20.0% |
Cost Of Revenue | $114.0K | $26.00K | $10.00K |
YoY Change | 470.0% | 100.0% | 0.0% |
Gross Profit | $186.0K | $98.00K | $60.00K |
YoY Change | 132.5% | 58.06% | -33.33% |
Gross Profit Margin | 62.0% | 79.03% | 75.0% |
Selling, General & Admin | $935.0K | $1.514M | $1.080M |
YoY Change | 8.09% | 196.28% | 80.0% |
% of Gross Profit | 502.69% | 1544.9% | 1800.0% |
Research & Development | $8.000K | $12.00K | $10.00K |
YoY Change | -20.0% | ||
% of Gross Profit | 4.3% | 12.24% | 16.67% |
Depreciation & Amortization | $29.00K | $35.00K | $30.00K |
YoY Change | 45.0% | 16.67% | 200.0% |
% of Gross Profit | 15.59% | 35.71% | 50.0% |
Operating Expenses | $935.0K | $1.526M | $1.090M |
YoY Change | 8.09% | 89.8% | 78.69% |
Operating Profit | -$749.0K | -$1.428M | -$1.030M |
YoY Change | -4.59% | 92.45% | 98.08% |
Interest Expense | $8.215M | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
% of Operating Profit | |||
Other Income/Expense, Net | $8.215M | $70.00K | |
YoY Change | -103.66% | ||
Pretax Income | $7.190M | -$1.358M | -$1.170M |
YoY Change | -833.67% | -48.75% | 88.71% |
Income Tax | $1.000K | ||
% Of Pretax Income | 0.01% | ||
Net Earnings | $7.189M | -$1.358M | -$1.170M |
YoY Change | -833.57% | -48.81% | 88.71% |
Net Earnings / Revenue | 2396.33% | -1095.16% | -1462.5% |
Basic Earnings Per Share | $0.99 | -$0.18 | |
Diluted Earnings Per Share | $949.5K | -$0.18 | -$294.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 7.344M shares | 7.392M shares | |
Diluted Shares Outstanding | 7.571M shares | 7.392M shares |
Balance Sheet
Concept | 2021 Q3 | 2021 Q2 | 2020 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $10.63M | $11.36M | $7.940M |
YoY Change | 18.37% | 18.35% | 3076.0% |
Cash & Equivalents | $10.63M | $11.36M | $7.939M |
Short-Term Investments | |||
Other Short-Term Assets | $111.0K | $120.0K | $180.0K |
YoY Change | 38.75% | 140.0% | 125.0% |
Inventory | $48.00K | $54.00K | $54.00K |
Prepaid Expenses | $120.0K | $177.0K | |
Receivables | $319.0K | $143.0K | $31.00K |
Other Receivables | $0.00 | $2.952M | $0.00 |
Total Short-Term Assets | $11.11M | $14.63M | $8.201M |
YoY Change | 20.61% | 50.52% | 1722.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $215.0K | $45.00K | $200.0K |
YoY Change | -2.27% | -38.36% | 11.11% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $10.81M | $11.00K | |
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $11.49M | $707.0K | $573.0K |
YoY Change | 1989.45% | 28.55% | 16.94% |
TOTAL ASSETS | |||
Total Short-Term Assets | $11.11M | $14.63M | $8.201M |
Total Long-Term Assets | $11.49M | $707.0K | $573.0K |
Total Assets | $22.60M | $15.34M | $8.774M |
YoY Change | 131.56% | 49.35% | 833.4% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $434.0K | $423.0K | $380.0K |
YoY Change | -19.63% | 14.32% | -9.52% |
Accrued Expenses | $0.00 | ||
YoY Change | -100.0% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $434.0K | $423.0K | $383.0K |
YoY Change | -19.63% | 11.32% | -62.08% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $70.00K |
YoY Change | -100.0% | -100.0% | |
Other Long-Term Liabilities | $9.000K | ||
YoY Change | |||
Total Long-Term Liabilities | $9.000K | $72.00K | |
YoY Change | -87.14% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $434.0K | $423.0K | $383.0K |
Total Long-Term Liabilities | $9.000K | $72.00K | |
Total Liabilities | $443.0K | $423.0K | $455.0K |
YoY Change | -28.55% | -8.04% | -54.95% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$70.25M | -$67.67M | |
YoY Change | |||
Common Stock | $7.000K | $6.000K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $341.0K | $113.0K | |
YoY Change | |||
Treasury Stock Shares | 74.53K shares | 7.011K shares | |
Shareholders Equity | $22.16M | $14.92M | $8.319M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.60M | $15.34M | $8.774M |
YoY Change | 131.56% | 49.35% | 833.4% |
Cashflow Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $7.189M | -$1.358M | -$1.170M |
YoY Change | -833.57% | -48.81% | 88.71% |
Depreciation, Depletion And Amortization | $29.00K | $35.00K | $30.00K |
YoY Change | 45.0% | 16.67% | 200.0% |
Cash From Operating Activities | -$700.0K | -$768.0K | -$980.0K |
YoY Change | 16.67% | 113.33% | 345.45% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$20.00K | -$2.000K | -$60.00K |
YoY Change | 0.0% | -90.0% | -68.42% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $355.0K | -$2.993M | $0.00 |
YoY Change | -100.0% | ||
Cash From Investing Activities | $335.0K | -$2.995M | -$60.00K |
YoY Change | -1775.0% | 14875.0% | -68.42% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -367.0K | -234.0K | 0.000 |
YoY Change | -102.57% | ||
NET CHANGE | |||
Cash From Operating Activities | -700.0K | -768.0K | -980.0K |
Cash From Investing Activities | 335.0K | -2.995M | -60.00K |
Cash From Financing Activities | -367.0K | -234.0K | 0.000 |
Net Change In Cash | -732.0K | -3.997M | -1.040M |
YoY Change | 18.06% | -145.89% | 153.66% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$700.0K | -$768.0K | -$980.0K |
Capital Expenditures | -$20.00K | -$2.000K | -$60.00K |
Free Cash Flow | -$680.0K | -$766.0K | -$920.0K |
YoY Change | 17.24% | 125.29% | 2966.67% |
Facts In Submission
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2021-06-30 | ||
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FairValueOfRestrictedStockIssuedForServices
|
99000 | USD | |
us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
277000 | USD | |
us-gaap |
Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
|
USD | ||
vrme |
Payroll Protection Program Debt Forgiveness
PayrollProtectionProgramDebtForgiveness
|
70000 | USD | |
vrme |
Payroll Protection Program Debt Forgiveness
PayrollProtectionProgramDebtForgiveness
|
USD | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
USD | ||
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
54000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
USD | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
4000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-57000 | USD | |
CY2020Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1911000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
70000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2334000 | USD | |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1358000 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2653000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2573000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3745000 | USD | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.04 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.37 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.56 | ||
CY2021Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | |
CY2020Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.04 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.37 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-1.56 | ||
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7391864 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2549844 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6991690 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
2394948 | shares | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7391864 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2549844 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6991690 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
2394948 | shares | |
CY2021Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
569000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1007000 | USD | |
CY2020Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
365000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
688000 | USD | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-280000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1992000 | USD | |
vrme |
Common Stock Issued For Interest Expense
CommonStockIssuedForInterestExpense
|
USD | ||
vrme |
Common Stock Issued For Interest Expense
CommonStockIssuedForInterestExpense
|
61000 | USD | |
vrme |
Amortization And Depreciation Or Credit
AmortizationAndDepreciationOrCredit
|
55000 | USD | |
vrme |
Amortization And Depreciation Or Credit
AmortizationAndDepreciationOrCredit
|
47000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
112000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-35000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
15000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
15000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
39000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-38000 | USD | |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15989000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
350000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
149000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
13000 | USD |
CY2021Q2 | vrme |
Treasury Stockshare Repurchase
TreasuryStockshareRepurchase
|
-228000 | USD |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1668000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-699000 | USD | |
vrme |
Due From Related Parties Deposit And Prepaid Expenses On Investment
DueFromRelatedPartiesDepositAndPrepaidExpensesOnInvestment
|
-2937000 | USD | |
vrme |
Due From Related Parties Deposit And Prepaid Expenses On Investment
DueFromRelatedPartiesDepositAndPrepaidExpensesOnInvestment
|
USD | ||
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
55000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
29000 | USD | |
us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
45000 | USD | |
vrme |
Relative Fair Value Of Common Stock Issued In Connection With2020 Debentures
RelativeFairValueOfCommonStockIssuedInConnectionWith2020Debentures
|
USD | ||
vrme |
Relative Fair Value Of Common Stock Issued In Connection With2020 Debentures
RelativeFairValueOfCommonStockIssuedInConnectionWith2020Debentures
|
34000 | USD | |
us-gaap |
Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
|
22000 | USD | |
vrme |
Purchase Of Equity Investment
PurchaseOfEquityInvestment
|
11000 | USD | |
vrme |
Purchase Of Equity Investment
PurchaseOfEquityInvestment
|
USD | ||
us-gaap |
Payments For Software
PaymentsForSoftware
|
77000 | USD | |
us-gaap |
Payments For Software
PaymentsForSoftware
|
USD | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3125000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-51000 | USD | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
8447000 | USD | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
9023000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
72000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
USD | ||
vrme |
Repayment Of Bridge Financing
RepaymentOfBridgeFinancing
|
USD | ||
vrme |
Repayment Of Bridge Financing
RepaymentOfBridgeFinancing
|
-750000 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
USD | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
1747000 | USD | |
vrme |
Increase In Treasury Shares Share Repurchase Program
IncreaseInTreasurySharesShareRepurchaseProgram
|
228000 | USD | |
vrme |
Increase In Treasury Shares Share Repurchase Program
IncreaseInTreasurySharesShareRepurchaseProgram
|
USD | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8216000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10092000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
3423000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
9342000 | USD | |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7939000 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
253000 | USD |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11362000 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9595000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
1000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
vrme |
Common Stock Issued In Relation To Conversion Of2020 Debenturesand Warrant Cancellation
CommonStockIssuedInRelationToConversionOf2020DebenturesandWarrantCancellation
|
USD | ||
vrme |
Common Stock Issued In Relation To Conversion Of2020 Debenturesand Warrant Cancellation
CommonStockIssuedInRelationToConversionOf2020DebenturesandWarrantCancellation
|
1992000 | USD | |
vrme |
Relative Fair Value Of Warrants Issued In Connection With2020 Debentures
RelativeFairValueOfWarrantsIssuedInConnectionWith2020Debentures
|
USD | ||
vrme |
Relative Fair Value Of Warrants Issued In Connection With2020 Debentures
RelativeFairValueOfWarrantsIssuedInConnectionWith2020Debentures
|
1063000 | USD | |
vrme |
Beneficial Conversion Feature In Connection With2020 Debentures
BeneficialConversionFeatureInConnectionWith2020Debentures
|
USD | ||
vrme |
Beneficial Conversion Feature In Connection With2020 Debentures
BeneficialConversionFeatureInConnectionWith2020Debentures
|
650000 | USD | |
vrme |
Common Stock Issued To Settle Accrued Payroll
CommonStockIssuedToSettleAccruedPayroll
|
USD | ||
vrme |
Common Stock Issued To Settle Accrued Payroll
CommonStockIssuedToSettleAccruedPayroll
|
119000 | USD | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
910000 | USD |
CY2020Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
|
268000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
153000 | USD |
vrme |
Stock Issued During Period Value Issued For Services1
StockIssuedDuringPeriodValueIssuedForServices1
|
54000 | USD | |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
10000 | USD |
CY2020Q2 | vrme |
Common Stock In Relation To Conversion Of2020 Debentures Interest Expenseand Cancellation Of Warrants
CommonStockInRelationToConversionOf2020DebenturesInterestExpenseandCancellationOfWarrants
|
2053000 | USD |
vrme |
Stock Issued During Period Value Common Stock Issued In Relation To Public Offering Of Securities
StockIssuedDuringPeriodValueCommonStockIssuedInRelationToPublicOfferingOfSecurities
|
9023000 | USD | |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2653000 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9818000 | USD |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
3779243 | shares |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1358000 | USD |
CY2021Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7360478 | shares |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14915000 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-67000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
|
485000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
218000 | USD | |
CY2020Q2 | vrme |
Stock Issued During Period Value Issued For Services1
StockIssuedDuringPeriodValueIssuedForServices1
|
54000 | USD |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
18000 | USD | |
vrme |
Common Stock Issued In Connection With2020 Debentures
CommonStockIssuedInConnectionWith2020Debentures
|
66000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
650000 | USD | |
vrme |
Warrants Issued In Connection With2020 Debentures
WarrantsIssuedInConnectionWith2020Debentures
|
1063000 | USD | |
vrme |
Common Stock In Relation To Conversion Of2020 Debentures Interest Expenseand Cancellation Of Warrants
CommonStockInRelationToConversionOf2020DebenturesInterestExpenseandCancellationOfWarrants
|
2053000 | USD | |
CY2020Q2 | vrme |
Stock Issued During Period Value Common Stock Issued In Relation To Public Offering Of Securities
StockIssuedDuringPeriodValueCommonStockIssuedInRelationToPublicOfferingOfSecurities
|
9023000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3745000 | USD | |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9818000 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
7011 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8319000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
|
85000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
565000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
277000 | USD | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
23000 | USD | |
vrme |
Stock Issued During Period Value Common Stock Issued In Relation To Public Offering Of Securities
StockIssuedDuringPeriodValueCommonStockIssuedInRelationToPublicOfferingOfSecurities
|
8447000 | USD | |
vrme |
Repurchase Of Common Stock
RepurchaseOfCommonStock
|
-228000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2573000 | USD | |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
85495000 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14915000 | USD |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
us-gaap |
Reclassifications
Reclassifications
|
<p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:left; margin-top:10pt; margin-bottom:0pt; "> <span style="text-decoration:underline #000000; font-weight:bold; font-style:italic; ">Reclassifications</span> </p> <p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:10pt; margin-bottom:0pt; ">Certain amounts presented for the three and six months ended June 30, 2021 reflect reclassifications made to conform to the presentation in our current reporting period. </p> | ||
CY2021Q2 | vrme |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice
|
5.89 | |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4338000 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
144000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4369000 | shares | |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4369000 | shares |
CY2021Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
11000 | USD |
CY2020Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
USD | |
CY2021Q2 | us-gaap |
Due From Related Parties
DueFromRelatedParties
|
132000 | USD |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
45000 | USD |
CY2020Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
73000 | USD |
CY2019Q4 | us-gaap |
Deposit Assets
DepositAssets
|
51000 | USD |
us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P5Y | ||
us-gaap |
Finite Lived Intangible Assets Cost Incurred To Renew Or Extend
FiniteLivedIntangibleAssetsCostIncurredToRenewOrExtend
|
77000 | USD | |
us-gaap |
Finite Lived Intangible Assets Cost Incurred To Renew Or Extend
FiniteLivedIntangibleAssetsCostIncurredToRenewOrExtend
|
0 | USD | |
CY2021Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
7000 | USD |
CY2020Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
10000 | USD | |
vrme |
Loan Forgiveness Amount
LoanForgivenessAmount
|
69000 | USD | |
CY2021Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
1000 | USD |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3000 | USD | |
CY2021Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
149000 | USD |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
277000 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
USD | ||
CY2020Q2 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
USD | |
CY2021Q2 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
74527 | shares |
CY2020Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
7011 | shares |
CY2021Q2 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
341000 | USD |
CY2020Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
113000 | USD |
vrme |
Unrecognized Compensation Cost
UnrecognizedCompensationCost
|
0 | USD | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
3779243 | shares |
CY2020Q4 | vrme |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
|
5.89 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
shares | ||
vrme |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageExercisePrice
|
|||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P3Y6M | ||
CY2021Q2 | vrme |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
|
3779243 | shares |
CY2021Q2 | vrme |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
|
5.89 | |
vrme |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingExercisableWeightedAverageRemainingContractualTerms
|
P3Y6M | ||
CY2021Q2 | vrme |
Sharebased Compensation Arrangement By Sharebased Payment Award Other Than Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOtherThanOptionsExercisableIntrinsicValue1
|
USD |