2023 Q4 Form 10-Q Financial Statement

#000121465923014701 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $8.713M $5.604M $5.215M
YoY Change -10.2% 7.46% 1638.33%
Cost Of Revenue $5.576M $3.312M $3.360M
YoY Change -18.93% -1.43% 2847.37%
Gross Profit $3.137M $2.292M $1.855M
YoY Change 11.04% 23.56% 897.31%
Gross Profit Margin 36.0% 40.9% 35.57%
Selling, General & Admin $2.984M $3.142M $2.691M
YoY Change 10.15% 16.76% 187.81%
% of Gross Profit 95.12% 137.09% 145.07%
Research & Development $84.00K $5.000K $39.00K
YoY Change 425.0% -87.18% 387.5%
% of Gross Profit 2.68% 0.22% 2.1%
Depreciation & Amortization $294.0K $300.0K $261.0K
YoY Change 10.53% 14.94% 800.0%
% of Gross Profit 9.37% 13.09% 14.07%
Operating Expenses $3.068M $3.147M $2.730M
YoY Change 12.59% 15.27% 191.98%
Operating Profit $69.00K -$855.0K -$875.0K
YoY Change -31.0% -2.29% 16.82%
Interest Expense -$132.0K -$40.00K -$33.00K
YoY Change -2740.0% 21.21% -100.4%
% of Operating Profit -191.3%
Other Income/Expense, Net $65.00K -$75.00K $318.0K
YoY Change 2066.67% -123.58% -96.13%
Pretax Income $2.000K -$930.0K -$557.0K
YoY Change -98.15% 66.97% -107.75%
Income Tax
% Of Pretax Income
Net Earnings $2.000K -$930.0K -$557.0K
YoY Change -98.15% 66.97% -107.75%
Net Earnings / Revenue 0.02% -16.6% -10.68%
Basic Earnings Per Share -$0.09 -$0.06
Diluted Earnings Per Share $0.00 -$0.09 -$0.06
COMMON SHARES
Basic Shares Outstanding 9.992M shares 9.900M shares 8.467M shares
Diluted Shares Outstanding 9.879M shares 8.944M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.095M $3.010M $3.787M
YoY Change -9.26% -20.52% -64.37%
Cash & Equivalents $3.032M $2.944M $3.694M
Short-Term Investments $93.00K
Other Short-Term Assets $254.0K $300.0K $190.0K
YoY Change -23.72% 57.89% 71.17%
Inventory $38.00K $42.00K $141.0K
Prepaid Expenses
Receivables $3.017M $1.379M $1.188M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $7.686M $5.615M $6.001M
YoY Change -18.74% -6.43% -45.98%
LONG-TERM ASSETS
Property, Plant & Equipment $240.0K $265.0K $321.0K
YoY Change -17.81% -17.45% 49.3%
Goodwill $5.384M $5.313M $4.092M
YoY Change 35.01% 29.84%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $87.00K
YoY Change
Total Long-Term Assets $13.02M $13.19M $11.42M
YoY Change 15.27% 15.5% -0.62%
TOTAL ASSETS
Total Short-Term Assets $7.686M $5.615M $6.001M
Total Long-Term Assets $13.02M $13.19M $11.42M
Total Assets $20.71M $18.81M $17.42M
YoY Change -0.23% 7.94% -22.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.310M $1.497M $1.220M
YoY Change -15.39% 22.7% 181.11%
Accrued Expenses $988.0K $815.0K $486.0K
YoY Change 9.53% 67.7%
Deferred Revenue
YoY Change
Short-Term Debt $500.0K $500.0K $500.0K
YoY Change 0.0% 0.0%
Long-Term Debt Due $500.0K $1.000M $500.0K
YoY Change 0.0% 100.0%
Total Short-Term Liabilities $5.141M $3.634M $2.322M
YoY Change -5.3% 56.5% 435.02%
LONG-TERM LIABILITIES
Long-Term Debt $1.975M $2.100M $1.500M
YoY Change 43.64% 40.0%
Other Long-Term Liabilities $1.058M $1.170M $387.0K
YoY Change 192.27% 202.33% 4200.0%
Total Long-Term Liabilities $3.033M $3.270M $1.887M
YoY Change 74.61% 73.29% 20866.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.141M $3.634M $2.322M
Total Long-Term Liabilities $3.033M $3.270M $1.887M
Total Liabilities $8.174M $6.907M $4.209M
YoY Change 14.07% 64.1% 850.11%
SHAREHOLDERS EQUITY
Retained Earnings -$81.85M -$81.85M -$78.57M
YoY Change 4.32% 4.18%
Common Stock $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $659.0K $748.0K $843.0K
YoY Change -30.56% -11.27%
Treasury Stock Shares 305.6K shares
Shareholders Equity $12.53M $11.90M $13.21M
YoY Change
Total Liabilities & Shareholders Equity $20.71M $18.81M $17.42M
YoY Change -0.23% 7.94% -22.91%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income $2.000K -$930.0K -$557.0K
YoY Change -98.15% 66.97% -107.75%
Depreciation, Depletion And Amortization $294.0K $300.0K $261.0K
YoY Change 10.53% 14.94% 800.0%
Cash From Operating Activities $844.0K -$140.0K -$43.00K
YoY Change 621.37% 225.58% -93.86%
INVESTING ACTIVITIES
Capital Expenditures $116.0K $210.0K -$135.0K
YoY Change 0.0% -255.56% 575.0%
Acquisitions
YoY Change
Other Investing Activities $1.000K -$10.00K $19.00K
YoY Change -104.76% -152.63% -94.65%
Cash From Investing Activities -$115.0K -$220.0K -$116.0K
YoY Change -16.06% 89.66% -134.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -646.0K 670.0K 102.0K
YoY Change 145.63% 556.86% -127.79%
NET CHANGE
Cash From Operating Activities 844.0K -140.0K -43.00K
Cash From Investing Activities -115.0K -220.0K -116.0K
Cash From Financing Activities -646.0K 670.0K 102.0K
Net Change In Cash 83.00K 310.0K -57.00K
YoY Change -129.33% -643.86% -92.21%
FREE CASH FLOW
Cash From Operating Activities $844.0K -$140.0K -$43.00K
Capital Expenditures $116.0K $210.0K -$135.0K
Free Cash Flow $728.0K -$350.0K $92.00K
YoY Change 72700.0% -480.43% -113.53%

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CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-930000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-557000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3392000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14506000 usd
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.76
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.76
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9879202 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8943613 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9732619 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8219154 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9879202 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8943613 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9732619 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8219154 shares
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-930000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-557000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3392000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14506000 usd
CY2023Q3 vrme Change In Fair Value Of Interest Rate Swap
ChangeInFairValueOfInterestRateSwap
3000 usd
vrme Change In Fair Value Of Interest Rate Swap
ChangeInFairValueOfInterestRateSwap
4000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
28000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
76000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-955000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-557000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3464000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-14506000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3392000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14506000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
49000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
13000 usd
us-gaap Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
46000 usd
us-gaap Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
123000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-2000 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
5000 usd
vrme Change In Fair Value Of Contingent Consideration
ChangeInFairValueOfContingentConsideration
136000 usd
vrme Fair Value Of Restricted Stock Awards And Restricted Stock Units Issued In Exchange For Services
FairValueOfRestrictedStockAwardsAndRestrictedStockUnitsIssuedInExchangeForServices
-1053000 usd
vrme Fair Value Of Restricted Stock Awards And Restricted Stock Units Issued In Exchange For Services
FairValueOfRestrictedStockAwardsAndRestrictedStockUnitsIssuedInExchangeForServices
-972000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-2000 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
34000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-10964000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
326000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
835000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
504000 usd
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-16000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-3015000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
69000 usd
vrme Oprating Unbilled Revenue
OpratingUnbilledRevenue
300000 usd
vrme Oprating Unbilled Revenue
OpratingUnbilledRevenue
-695000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-38000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
89000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-51000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
33000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2512000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
479000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-599000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2668000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
51000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
33000 usd
vrme Leasehold Improvements
LeaseholdImprovements
8000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
363000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7500000 usd
vrme Deferred Implementation Costs
DeferredImplementationCosts
58000 usd
vrme Deferred Implementation Costs
DeferredImplementationCosts
87000 usd
us-gaap Payments For Software
PaymentsForSoftware
576000 usd
us-gaap Payments For Software
PaymentsForSoftware
127000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1080000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7747000 usd
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
4528000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
800000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1100000 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2000000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
80000 usd
us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
102000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
18000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
34000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
10000 usd
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
185000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
675000 usd
vrme Settlement Of Debt And Redemption Of Shares From Periship Seller
SettlementOfDebtAndRedemptionOfSharesFromPerishipSeller
1724000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1277000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4687000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-2000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-404000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5728000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3411000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9422000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3007000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3694000 usd
us-gaap Interest Paid Net
InterestPaidNet
129000 usd
vrme Initial Recognition Of Rightofuse Asset And Lease Liability During Period
InitialRecognitionOfRightofuseAssetAndLeaseLiabilityDuringPeriod
552000 usd
vrme Noncash Change In Fair Value Of Interest Rate Swap
NoncashChangeInFairValueOfInterestRateSwap
4000 usd
vrme Exercise Of Prefunded Warrant
ExerciseOfPrefundedWarrant
1000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
13590000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
33000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
289000 usd
CY2022Q3 vrme Stock Purchase Plan
StockPurchasePlan
31000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
35000 usd
CY2022Q3 vrme Common Stock Issued In Relation To Private Placement
CommonStockIssuedInRelationToPrivatePlacement
-24000 usd
CY2022Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
185000 usd
CY2022Q3 vrme Exercise Of Prefunded Warrants
ExerciseOfPrefundedWarrants
1000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-557000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
13213000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
12358000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
170000 usd
CY2023Q3 vrme Restricted Stock Units Net Of Shares Withheld For Employee Tax
RestrictedStockUnitsNetOfSharesWithheldForEmployeeTax
308000 usd
CY2023Q3 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
18000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-25000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-930000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
11899000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
21167000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
172000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
766000 usd
vrme Stock Purchase Plan
StockPurchasePlan
98000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
102000 usd
vrme Common Stock Issued In Relation To Private Placement
CommonStockIssuedInRelationToPrivatePlacement
4528000 usd
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
96000 usd
vrme Common Stock Issued In Relation To Acquisition
CommonStockIssuedInRelationToAcquisition
974000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
185000 usd
vrme Exercise Of Prefunded Warrants
ExerciseOfPrefundedWarrants
1000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14506000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
13213000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
13586000 usd
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
317000 usd
vrme Restricted Stock Units Net Of Shares Withheld For Employee Tax
RestrictedStockUnitsNetOfSharesWithheldForEmployeeTax
718000 usd
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
127000 usd
vrme Common Stock Issued In Relation To Acquisition
CommonStockIssuedInRelationToAcquisition
625000 usd
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
10000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-72000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3392000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
11899000 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_849_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zq82a4Hpb3m4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><b><i><span style="text-decoration: underline"><span id="xdx_86C_zZwRceyHFkZc">Reclassifications</span></span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">Certain amounts presented for the three and nine months ended September 30, 2022, reflect reclassifications made to conform to the presentation in our current reporting period. These reclassifications had no effect on the previously reported net loss.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q3 vrme Equity Investments Fair Value1
EquityInvestmentsFairValue1
98000 usd
CY2022Q4 vrme Equity Investments Fair Value1
EquityInvestmentsFairValue1
100000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2944000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3348000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
63000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
63000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3007000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3411000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
63000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
63000 usd
CY2023Q3 us-gaap Revenues
Revenues
5604000 usd
CY2023Q3 us-gaap Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
16000 usd
us-gaap Foreign Currency Transaction Gain Loss After Tax
ForeignCurrencyTransactionGainLossAfterTax
30000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84D_eus-gaap--UseOfEstimates_zxxBIwUisY08" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i><span style="text-decoration: underline"><span id="xdx_865_zpM06SIzLnM5">Use of Estimates</span></span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i> </i></b></p>
CY2022Q3 us-gaap Revenues
Revenues
5215000 usd
us-gaap Revenues
Revenues
16600000 usd
us-gaap Revenues
Revenues
9873000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
266000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
248000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
761000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
446000 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8385000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8385000 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4852000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4852000 shares
CY2023Q3 vrme Equity Investments Fair Value
EquityInvestmentsFairValue
0 usd
vrme Unrealized Fair Value Loss
UnrealizedFairValueLoss
2000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1185000 usd
vrme Contract Asset Additions
ContractAssetAdditions
2316000 usd
vrme Contract Asset Additions
ContractAssetAdditions
1317000 usd
vrme Reclassification To Accounts Receivable Billed To Customers
ReclassificationToAccountsReceivableBilledToCustomers
-2616000 usd
vrme Reclassification To Accounts Receivable Billed To Customers
ReclassificationToAccountsReceivableBilledToCustomers
-622000 usd
CY2023Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
885000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
695000 usd
CY2023Q1 vrme Business Combination Consideration Transferred
BusinessCombinationConsiderationTransferred
360000 usd
CY2023Q1 vrme Earnout Consideration
EarnoutConsideration
1100000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
219000 usd
CY2023Q1 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
162000 usd
CY2023Q1 vrme Business Combination Long Term Contingent Consideration
BusinessCombinationLongTermContingentConsideration
827000 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
3988000 usd
us-gaap Acquisition Costs
AcquisitionCosts
1383000 usd
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-58000 usd
CY2023Q3 us-gaap Goodwill Gross
GoodwillGross
5313000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8918000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-1811000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7107000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7613000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-1068000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
6545000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
291000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1137000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1112000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1108000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1073000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2386000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7107000 usd
CY2023Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
177000 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
325000 usd
CY2022Q3 us-gaap Restricted Stock Expense
RestrictedStockExpense
33000 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
206000 usd
CY2023Q3 vrme Stock Issued During Period Value Restricted Stock Award Net
StockIssuedDuringPeriodValueRestrictedStockAwardNet
316000 usd
vrme Stock Issued During Period Value Restricted Stock Award Net
StockIssuedDuringPeriodValueRestrictedStockAwardNet
728000 usd
CY2022Q3 vrme Stock Issued During Period Value Restricted Stock Award Net
StockIssuedDuringPeriodValueRestrictedStockAwardNet
289000 usd
vrme Stock Issued During Period Value Restricted Stock Award Net
StockIssuedDuringPeriodValueRestrictedStockAwardNet
766000 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
5000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
46000 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
31000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
98000 usd
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
334866 shares
CY2022Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
389967 shares
CY2023Q3 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
748000 usd
CY2022Q4 us-gaap Treasury Stock Common Value
TreasuryStockCommonValue
949000 usd
CY2023Q3 vrme Nonqualified Stock Purchase Plan
NonqualifiedStockPurchasePlan
12802 shares
CY2023Q3 vrme Nonqualified Stock Purchase Exercise Price
NonqualifiedStockPurchaseExercisePrice
0.96
CY2023Q1 vrme Nonqualified Stock Purchase Plan
NonqualifiedStockPurchasePlan
57245 shares
CY2023Q1 vrme Nonqualified Stock Purchase Exercise Price
NonqualifiedStockPurchaseExercisePrice
1.19
CY2022Q3 vrme Nonqualified Stock Purchase Plan
NonqualifiedStockPurchasePlan
28895 shares
CY2022Q3 vrme Nonqualified Stock Purchase Exercise Price
NonqualifiedStockPurchaseExercisePrice
1.20
CY2022Q1 vrme Nonqualified Stock Purchase Plan
NonqualifiedStockPurchasePlan
25000 shares
CY2022Q1 vrme Nonqualified Stock Purchase Exercise Price
NonqualifiedStockPurchaseExercisePrice
2.69
CY2022Q3 us-gaap Accelerated Share Repurchases Adjustment To Recorded Amount
AcceleratedShareRepurchasesAdjustmentToRecordedAmount
1500000 usd
CY2023Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
6201 shares
CY2023Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
10000 usd
CY2023Q3 vrme Unrecognized Compensation Cost Outstanding
UnrecognizedCompensationCostOutstanding
0 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5103455 shares
CY2022Q4 vrme Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
4.34
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
474869 shares
vrme Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice
6.34
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
4628586 shares
CY2023Q3 vrme Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice
4.13
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P2Y6M
CY2023Q3 vrme Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
4628586 shares
CY2023Q3 vrme Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisableWeightedAverageExercisePrice
4.13
vrme Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Exercisable Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingExercisableWeightedAverageRemainingContractualTerms
P2Y6M
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
500000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
1000000.0 usd
vrme Principal Outstanding
PrincipalOutstanding
375000 usd
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
800000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
300000 usd
us-gaap Line Of Credit Facility Average Outstanding Amount
LineOfCreditFacilityAverageOutstandingAmount
500000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1958000 usd
CY2022Q4 us-gaap Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
0.07602 pure
CY2023Q3 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
1100000 usd
CY2023Q3 vrme Convertiable Promissory Notes Purchased By Related Party
ConvertiablePromissoryNotesPurchasedByRelatedParty
425000 usd
CY2023Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
9000 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
9000 usd
CY2023Q3 us-gaap Convertible Debt
ConvertibleDebt
1100000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21 pure
CY2023Q3 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
0 usd
CY2022Q4 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
0 usd
CY2023Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
701000 usd
vrme Property Plant And Equipment Estimated Useful Lives1
PropertyPlantAndEquipmentEstimatedUsefulLives1
P15Y
CY2023Q1 us-gaap Goodwill
Goodwill
1383000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
47000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
32000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
132000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
53000 usd
CY2023Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5000 usd
CY2022Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
4000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
23000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
11000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
52000 usd
CY2022Q3 us-gaap Lease Cost
LeaseCost
36000 usd
us-gaap Lease Cost
LeaseCost
155000 usd
us-gaap Lease Cost
LeaseCost
64000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
506000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
469000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
160000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
115000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
346000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
359000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
506000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
474000 usd
CY2023Q3 vrme Cash Paid For Amounts Included In Measurement Of Operating Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfOperatingLeaseLiabilities
138000 usd
CY2022Q4 vrme Cash Paid For Amounts Included In Measurement Of Operating Lease Liabilities
CashPaidForAmountsIncludedInMeasurementOfOperatingLeaseLiabilities
80000 usd
CY2022Q4 vrme Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities
RightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities
552000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.064 pure
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
36000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
188000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
193000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
139000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
45000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
601000 usd
CY2023Q3 us-gaap Receivable With Imputed Interest Net Amount
ReceivableWithImputedInterestNetAmount
95000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
506000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
160000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
346000 usd
CY2023Q3 us-gaap Revenues
Revenues
5604000 usd
CY2022Q3 us-gaap Revenues
Revenues
5215000 usd
us-gaap Revenues
Revenues
16600000 usd
us-gaap Revenues
Revenues
9873000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
2292000 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
1855000 usd
us-gaap Gross Profit
GrossProfit
5866000 usd
us-gaap Gross Profit
GrossProfit
3663000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2754000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2213000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7852000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6213000 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
5000 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
39000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
23000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
73000 usd
CY2023Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
388000 usd
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
478000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1388000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1224000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-855000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-875000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-3397000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-3847000 usd
CY2023Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-75000 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
318000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
5000 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10659000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-930000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-557000 usd
us-gaap Net Income Loss
NetIncomeLoss
-3392000 usd
us-gaap Net Income Loss
NetIncomeLoss
-14506000 usd
CY2023Q3 us-gaap Assets
Assets
18806000 usd
CY2022Q4 us-gaap Assets
Assets
20752000 usd

Files In Submission

Name View Source Status
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0001214659-23-014701-index.html Edgar Link pending
0001214659-23-014701.txt Edgar Link pending
0001214659-23-014701-xbrl.zip Edgar Link pending
ex10_1.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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p100323410q_htm.xml Edgar Link completed
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report.css Edgar Link pending
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vrme-20230930.xsd Edgar Link pending
vrme-20230930_def.xml Edgar Link unprocessable
vrme-20230930_cal.xml Edgar Link unprocessable
vrme-20230930_lab.xml Edgar Link unprocessable
vrme-20230930_pre.xml Edgar Link unprocessable