$VRME
VerifyMe Inc Stock $vrme

$vrme Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000121465924014333 Filed on August 13, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$5.435M	$5.352M
YoY Change	-3.02%	0.32%
Cost Of Revenue	$3.540M	$3.262M
YoY Change	6.88%	-7.2%
Gross Profit	$1.895M	$2.090M
YoY Change	-17.32%	14.84%
Gross Profit Margin	34.87%	39.05%
Selling, General & Admin	$1.179M	$1.104M
YoY Change	-62.48%	-61.24%
% of Gross Profit	62.22%	52.82%
Research & Development	$5.000K	$5.000K
YoY Change	0.0%	-50.0%
% of Gross Profit	0.26%	0.24%
Depreciation & Amortization		$300.0K
YoY Change		16.28%
% of Gross Profit		14.35%
Operating Expenses	$4.765M	$2.626M
YoY Change	51.41%	-8.12%
Operating Profit	-$2.870M	-$536.0K
YoY Change	235.67%	-48.36%
Interest Expense		-$42.00K
YoY Change		162.5%
% of Operating Profit
Other Income/Expense, Net	$446.0K	$190.0K
YoY Change	-694.67%	21.79%
Pretax Income		-$346.0K
YoY Change		-60.77%
Income Tax
% Of Pretax Income
Net Earnings	-$2.424M	-$346.0K
YoY Change	160.65%	-60.77%
Net Earnings / Revenue	-44.6%	-6.46%
Basic Earnings Per Share	-$0.23	-$0.03
Diluted Earnings Per Share	-$0.23	-$0.03
COMMON SHARES
Basic Shares Outstanding	10.38M shares	10.18M shares
Diluted Shares Outstanding	10.60M shares	10.24M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments		$2.900M
YoY Change		7.53%
Cash & Equivalents	$2.610M	$2.900M
Short-Term Investments
Other Short-Term Assets		$210.0K
YoY Change		-31.82%
Inventory	$19.00K	$23.00K
Prepaid Expenses
Receivables	$1.200M	$1.214M
Other Receivables		$0.00
Total Short-Term Assets	$4.820M	$5.098M
YoY Change	-14.16%	0.51%
LONG-TERM ASSETS
Property, Plant & Equipment	$159.0K	$184.0K
YoY Change	-40.0%	-36.11%
Goodwill	$3.988M	$5.334M
YoY Change	-24.94%	-0.07%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$10.01M	$12.44M
YoY Change	-24.12%	-6.87%
TOTAL ASSETS
Total Short-Term Assets	$4.820M	$5.098M
Total Long-Term Assets	$10.01M	$12.44M
Total Assets	$14.83M	$17.53M
YoY Change	-21.15%	-4.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.622M	$1.331M
YoY Change	8.35%	-4.93%
Accrued Expenses	$455.0K	$808.0K
YoY Change	-44.17%	11.76%
Deferred Revenue
YoY Change
Short-Term Debt	$500.0K	$500.0K
YoY Change	0.0%	0.0%
Long-Term Debt Due		$500.0K
YoY Change		-61.54%
Total Short-Term Liabilities	$2.765M	$2.927M
YoY Change	-23.91%	-21.3%
LONG-TERM LIABILITIES
Long-Term Debt		$1.725M
YoY Change		53.33%
Other Long-Term Liabilities		$624.0K
YoY Change		-48.94%
Total Long-Term Liabilities		$2.349M
YoY Change		0.09%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.765M	$2.927M
Total Long-Term Liabilities		$2.349M
Total Liabilities	$4.549M	$5.276M
YoY Change	-34.14%	-13.02%
SHAREHOLDERS EQUITY
Retained Earnings	-$85.17M	-$82.75M
YoY Change	4.06%	2.26%
Common Stock	$11.00K	$11.00K
YoY Change	10.0%	10.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$464.0K	$464.0K
YoY Change	-37.97%	-41.41%
Treasury Stock Shares
Shareholders Equity	$10.28M	$12.26M
YoY Change
Total Liabilities & Shareholders Equity	$14.83M	$17.53M
YoY Change	-21.15%	-4.84%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$2.424M	-$346.0K
YoY Change	160.65%	-60.77%
Depreciation, Depletion And Amortization		$300.0K
YoY Change		16.28%
Cash From Operating Activities		$372.0K
YoY Change		-210.39%
INVESTING ACTIVITIES
Capital Expenditures		$81.00K
YoY Change		-62.67%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		-$81.00K
YoY Change		-65.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-207.0K
YoY Change		-211.89%
NET CHANGE
Cash From Operating Activities		372.0K
Cash From Investing Activities		-81.00K
Cash From Financing Activities		-207.0K
Net Change In Cash		84.00K
YoY Change		-121.59%
FREE CASH FLOW
Cash From Operating Activities		$372.0K
Capital Expenditures		$81.00K
Free Cash Flow		$291.0K
YoY Change		-152.53%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	210000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets		usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	2624000	usd
CY2024Q2	us-gaap	Cost Of Revenue CostOfRevenue	3262000	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	3749000	usd
CY2024Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments		usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments		usd
CY2024Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments		usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired		usd
	vrme	Deferred Implementation Costs DeferredImplementationCosts		usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit		usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities		usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid		usd
	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 Non Option Equity Instruments Forfeitures And Expirations ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations		shares
	vrme	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriodWeightedAverageExercisePrice
CY2024Q2	vrme	Sharebased Compensation Arrangement By Sharebased Payment Award Other Than Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOtherThanOptionsExercisableIntrinsicValue1		usd
CY2024Q2	vrme	Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities RightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities		usd
CY2023Q4	vrme	Rightofuse Assets Obtained In Exchange For Operating Lease Liabilities RightofuseAssetsObtainedInExchangeForOperatingLeaseLiabilities		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-39332
	dei	Entity Registrant Name EntityRegistrantName	VERIFYME, INC.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	23-3023677
	dei	Entity Address Address Line1 EntityAddressAddressLine1	801 International Parkway
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Fifth Floor
	dei	Entity Address City Or Town EntityAddressCityOrTown	Lake Mary
	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	32746
	dei	City Area Code CityAreaCode	(585)
	dei	Local Phone Number LocalPhoneNumber	736-9400
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	10384698	shares
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2900000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3095000	usd
CY2024Q2	us-gaap	Accounts And Financing Receivable Allowance For Credit Loss AccountsAndFinancingReceivableAllowanceForCreditLoss	156000	usd
CY2024Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1214000	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3017000	usd
CY2024Q2	vrme	Unbilled Revenue UnbilledRevenue	751000	usd
CY2023Q4	vrme	Unbilled Revenue UnbilledRevenue	1282000	usd
CY2024Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	210000	usd
CY2023Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	254000	usd
CY2024Q2	us-gaap	Inventory Net InventoryNet	23000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	38000	usd
CY2024Q2	us-gaap	Assets Current AssetsCurrent	5098000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	7686000	usd
CY2024Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	184000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	240000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	378000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	468000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6539000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6927000	usd
CY2024Q2	us-gaap	Goodwill Goodwill	5334000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	5384000	usd
CY2024Q2	us-gaap	Assets Assets	17533000	usd
CY2023Q4	us-gaap	Assets Assets	20705000	usd
CY2024Q2	us-gaap	Debt Current DebtCurrent	500000	usd
CY2023Q4	us-gaap	Debt Current DebtCurrent	500000	usd
CY2024Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1331000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	3310000	usd
CY2024Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	808000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	988000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	165000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	170000	usd
CY2024Q2	vrme	Contingent Liability Current ContingentLiabilityCurrent	123000	usd
CY2023Q4	vrme	Contingent Liability Current ContingentLiabilityCurrent	173000	usd
CY2024Q2	us-gaap	Liabilities Current LiabilitiesCurrent	2927000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	5141000	usd
CY2024Q2	vrme	Contingent Liability Non Current ContingentLiabilityNonCurrent	401000	usd
CY2023Q4	vrme	Contingent Liability Non Current ContingentLiabilityNonCurrent	751000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	223000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	307000	usd
CY2024Q2	vrme	Term Note TermNote	625000	usd
CY2023Q4	vrme	Term Note TermNote	875000	usd
CY2024Q2	vrme	Convertible Note Related Party ConvertibleNoteRelatedParty	475000	usd
CY2023Q4	vrme	Convertible Note Related Party ConvertibleNoteRelatedParty	475000	usd
CY2024Q2	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	625000	usd
CY2023Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	625000	usd
CY2024Q2	us-gaap	Liabilities Liabilities	5276000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	8174000	usd
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	675000000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10655065	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	10384698	shares
CY2024Q2	us-gaap	Common Stock Value CommonStockValue	11000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	10000	usd
CY2024Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	95504000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	95031000	usd
CY2024Q2	vrme	Treasury Stock Share TreasuryStockShare	270367	shares
CY2024Q2	us-gaap	Treasury Stock Value TreasuryStockValue	464000	usd
CY2023Q4	us-gaap	Treasury Stock Value TreasuryStockValue	659000	usd
CY2024Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-82748000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-81849000	usd
CY2024Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-46000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	12257000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	12531000	usd
CY2024Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	17533000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	20705000	usd
CY2024Q2	us-gaap	Revenues Revenues	5352000	usd
CY2023Q2	us-gaap	Revenues Revenues	5335000	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	2090000	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	1586000	usd
CY2024Q2	us-gaap	Management Fee Expense ManagementFeeExpense	1517000	usd
CY2023Q2	us-gaap	Management Fee Expense ManagementFeeExpense	1251000	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	894000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	836000	usd
CY2024Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5000	usd
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	10000	usd
CY2023Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	527000	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	2626000	usd
	us-gaap	Operating Expenses OperatingExpenses	5533000	usd
	us-gaap	Operating Expenses OperatingExpenses	5649000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-536000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1038000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1183000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2542000	usd
CY2024Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-42000	usd
CY2023Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-46000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-80000	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-88000	usd
CY2023Q2	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	30000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-2000	usd
CY2024Q2	us-gaap	Asset Acquisition Consideration Transferred Contingent Consideration AssetAcquisitionConsiderationTransferredContingentConsideration	232000	usd
CY2023Q2	us-gaap	Asset Acquisition Consideration Transferred Contingent Consideration AssetAcquisitionConsiderationTransferredContingentConsideration	172000	usd
	us-gaap	Asset Acquisition Consideration Transferred Contingent Consideration AssetAcquisitionConsiderationTransferredContingentConsideration	364000	usd
	us-gaap	Asset Acquisition Consideration Transferred Contingent Consideration AssetAcquisitionConsiderationTransferredContingentConsideration	172000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-2000	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	190000	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	156000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	284000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	80000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-346000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-882000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-899000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2462000	usd
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.03
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.09
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.09
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.26
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.03
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.09
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.09
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.26
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10238717	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9765452	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	10156081	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9614183	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10238717	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9765452	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	10156081	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9614183	shares
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-346000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-882000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-899000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2462000	usd
CY2024Q2	vrme	Change In Fair Value Of Interest Rate Swap ChangeInFairValueOfInterestRateSwap	2000	usd
CY2023Q2	vrme	Change In Fair Value Of Interest Rate Swap ChangeInFairValueOfInterestRateSwap	2000	usd
	vrme	Change In Fair Value Of Interest Rate Swap ChangeInFairValueOfInterestRateSwap	5000	usd
	vrme	Change In Fair Value Of Interest Rate Swap ChangeInFairValueOfInterestRateSwap	1000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	-18000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	46000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	49000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax	48000	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-326000	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-926000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-943000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-2509000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-899000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2462000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	9000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	4000	usd
	us-gaap	Dividends Sharebased Compensation Stock DividendsSharebasedCompensationStock	89000	usd
	us-gaap	Dividends Sharebased Compensation Stock DividendsSharebasedCompensationStock	41000	usd
	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-2000	usd
	vrme	Change In Fair Value Of Contingent Consideration ChangeInFairValueOfContingentConsideration	364000	usd
	vrme	Change In Fair Value Of Contingent Consideration ChangeInFairValueOfContingentConsideration	172000	usd
	vrme	Fair Value Of Restricted Stock Awards And Restricted Stock Units Issued In Exchange For Services FairValueOfRestrictedStockAwardsAndRestrictedStockUnitsIssuedInExchangeForServices	-608000	usd
	vrme	Fair Value Of Restricted Stock Awards And Restricted Stock Units Issued In Exchange For Services FairValueOfRestrictedStockAwardsAndRestrictedStockUnitsIssuedInExchangeForServices	-560000	usd
	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	-2000	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	13000	usd
	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	34000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	599000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	540000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-30000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-10000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1790000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-3156000	usd
	vrme	Oprating Unbilled Revenue OpratingUnbilledRevenue	530000	usd
	vrme	Oprating Unbilled Revenue OpratingUnbilledRevenue	451000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-15000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-34000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-47000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-46000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2155000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-2709000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	312000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-463000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	12000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	42000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5000	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
	vrme	Deferred Implementation Costs DeferredImplementationCosts	56000	usd
	us-gaap	Payments For Software PaymentsForSoftware	174000	usd
	us-gaap	Payments For Software PaymentsForSoftware	373000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-191000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-858000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	800000	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	21000	usd
	us-gaap	Proceeds From Stock Plans ProceedsFromStockPlans	71000	usd
	us-gaap	Payment For Contingent Consideration Liability Financing Activities PaymentForContingentConsiderationLiabilityFinancingActivities	36000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	47000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3000	usd
	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	1000	usd
	us-gaap	Payments For Repurchase Of Equity PaymentsForRepurchaseOfEquity	10000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	250000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	250000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-313000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	608000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-3000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-1000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-195000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-714000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3095000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3411000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2900000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2697000	usd
	us-gaap	Interest Paid Net InterestPaidNet	94000	usd
	us-gaap	Interest Paid Net InterestPaidNet	68000	usd
	vrme	Noncash Change In Fair Value Of Interest Rate Swap NoncashChangeInFairValueOfInterestRateSwap	5000	usd
	vrme	Noncash Change In Fair Value Of Interest Rate Swap NoncashChangeInFairValueOfInterestRateSwap	1000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	12962000	usd
CY2023Q2	vrme	Restricted Stock Awards Net Of Shares Withheld For Employee Tax RestrictedStockAwardsNetOfSharesWithheldForEmployeeTax	146000	usd
CY2023Q2	vrme	Restricted Stock Units Net Of Shares Withheld For Employee Tax RestrictedStockUnitsNetOfSharesWithheldForEmployeeTax	148000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	28000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-882000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	12358000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	12391000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	128000	usd
CY2024Q2	vrme	Restricted Stock Units Net Of Shares Withheld For Employee Tax RestrictedStockUnitsNetOfSharesWithheldForEmployeeTax	22000	usd
CY2024Q2	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	42000	usd
CY2024Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	20000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-346000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	12257000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	13586000	usd
	vrme	Restricted Stock Awards Net Of Shares Withheld For Employee Tax RestrictedStockAwardsNetOfSharesWithheldForEmployeeTax	147000	usd
	vrme	Restricted Stock Units Net Of Shares Withheld For Employee Tax RestrictedStockUnitsNetOfSharesWithheldForEmployeeTax	410000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	109000	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	-47000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2462000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	12358000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	12531000	usd
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	276000	usd
	vrme	Restricted Stock Units Net Of Shares Withheld For Employee Tax RestrictedStockUnitsNetOfSharesWithheldForEmployeeTax	285000	usd
	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	25000	usd
	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	84000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-899000	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	12257000	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p id="xdx_84E_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zX6cMcSelhnj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><b><i><span style="text-decoration: underline"><span id="xdx_864_zVv3Odqx4Rff">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 six months ended June 30, 2023, 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>
CY2024Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2900000	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3032000	usd
CY2024Q2	us-gaap	Restricted Cash RestrictedCash	-0	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	63000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2900000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3095000	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	63000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_842_eus-gaap--UseOfEstimates_zSJE4S0ekKT7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i><span style="text-decoration: underline"><span id="xdx_86B_zqO0NiKOZU44">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>
CY2024Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8208000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8208000	shares
CY2023Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	7108000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	7108000	shares
CY2024Q2	us-gaap	Revenues Revenues	5352000	usd
CY2023Q2	us-gaap	Revenues Revenues	5335000	usd
	us-gaap	Revenues Revenues	11111000	usd
	us-gaap	Revenues Revenues	10996000	usd
CY2023Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1282000	usd
CY2022Q4	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	1185000	usd
	vrme	Contract Asset Additions ContractAssetAdditions	4329000	usd
	vrme	Contract Asset Additions ContractAssetAdditions	3326000	usd
	vrme	Reclassification To Accounts Receivable Billed To Customers ReclassificationToAccountsReceivableBilledToCustomers	-4860000	usd
	vrme	Reclassification To Accounts Receivable Billed To Customers ReclassificationToAccountsReceivableBilledToCustomers	-3777000	usd
CY2023Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	734000	usd
CY2023Q1	vrme	Business Combination Consideration Transferred BusinessCombinationConsiderationTransferred	360000	usd
CY2023Q1	vrme	Earnout Consideration EarnoutConsideration	1100000	usd
CY2024Q2	us-gaap	Business Combination Contingent Consideration Liability Current BusinessCombinationContingentConsiderationLiabilityCurrent	123000	usd
CY2024Q2	vrme	Business Combination Long Term Contingent Consideration BusinessCombinationLongTermContingentConsideration	401000	usd
CY2024Q2	vrme	Contingent Consideration Payment ContingentConsiderationPayment	36000	usd
CY2023Q4	us-gaap	Goodwill Gross GoodwillGross	5384000	usd
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	-50000	usd
CY2024Q2	us-gaap	Goodwill Gross GoodwillGross	5334000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	8922000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-2383000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6539000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	9006000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-2079000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6927000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	540000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	495000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	572000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1109000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1104000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1070000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	696000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	1988000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	6539000	usd
CY2024Q2	us-gaap	Restricted Stock Expense RestrictedStockExpense	127000	usd
	us-gaap	Restricted Stock Expense RestrictedStockExpense	275000	usd
CY2023Q2	us-gaap	Restricted Stock Expense RestrictedStockExpense	147000	usd
	us-gaap	Restricted Stock Expense RestrictedStockExpense	148000	usd
CY2024Q2	vrme	Stock Issued During Period Value Restricted Stock Award Net StockIssuedDuringPeriodValueRestrictedStockAwardNet	69000	usd
	vrme	Stock Issued During Period Value Restricted Stock Award Net StockIssuedDuringPeriodValueRestrictedStockAwardNet	333000	usd
CY2023Q2	vrme	Stock Issued During Period Value Restricted Stock Award Net StockIssuedDuringPeriodValueRestrictedStockAwardNet	149000	usd
	vrme	Stock Issued During Period Value Restricted Stock Award Net StockIssuedDuringPeriodValueRestrictedStockAwardNet	412000	usd
	us-gaap	Shares Paid For Tax Withholding For Share Based Compensation SharesPaidForTaxWithholdingForShareBasedCompensation	1750	shares
	us-gaap	Restricted Stock Shares Issued Net Of Shares For Tax Withholdings RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings	38095	shares
CY2024Q1	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	30000	shares
CY2024Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	42000	usd
CY2024Q2	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	30000	shares
CY2024Q2	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	42000	usd
CY2024Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	270367	shares
CY2023Q4	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	329351	shares
CY2024Q2	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	464000	usd
CY2023Q4	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	659000	usd
CY2023Q4	us-gaap	Accelerated Share Repurchases Adjustment To Recorded Amount AcceleratedShareRepurchasesAdjustmentToRecordedAmount	500000	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	1000	shares
CY2024Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	1000	usd
CY2024Q2	vrme	Unrecognized Compensation Cost Outstanding UnrecognizedCompensationCostOutstanding	0	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	4628586	shares
CY2023Q4	vrme	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageExercisePrice	4.13
CY2024Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber	4628586	shares
CY2024Q2	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	P1Y9M18D
CY2024Q2	vrme	Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber	4628586	shares
CY2024Q2	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	P1Y9M18D
CY2024Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	500000	usd
CY2024Q2	us-gaap	Long Term Debt LongTermDebt	600000	usd
	vrme	Principal Outstanding PrincipalOutstanding	250000	usd
	us-gaap	Line Of Credit Facility Average Outstanding Amount LineOfCreditFacilityAverageOutstandingAmount	0	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	475000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	44000	usd
CY2024Q2	us-gaap	Convertible Debt ConvertibleDebt	1100000	usd
CY2024Q2	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	0	usd
CY2023Q4	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	0	usd
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.21	pure
CY2024Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	48000	usd
CY2023Q2	us-gaap	Operating Lease Cost OperatingLeaseCost	48000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	95000	usd
	us-gaap	Operating Lease Cost OperatingLeaseCost	85000	usd
CY2024Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	4000	usd
CY2023Q2	us-gaap	Short Term Lease Cost ShortTermLeaseCost	9000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	9000	usd
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	18000	usd
CY2024Q2	us-gaap	Lease Cost LeaseCost	52000	usd
CY2023Q2	us-gaap	Lease Cost LeaseCost	57000	usd
	us-gaap	Lease Cost LeaseCost	104000	usd
	us-gaap	Lease Cost LeaseCost	103000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	378000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	468000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	165000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	170000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	223000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	307000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	388000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	477000	usd
CY2024Q2	vrme	Cash Paid For Amounts Included In Measurement Of Operating Lease Liabilities CashPaidForAmountsIncludedInMeasurementOfOperatingLeaseLiabilities	94000	usd
CY2023Q4	vrme	Cash Paid For Amounts Included In Measurement Of Operating Lease Liabilities CashPaidForAmountsIncludedInMeasurementOfOperatingLeaseLiabilities	177000	usd
CY2024Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P2Y8M12D
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.064	pure
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	95000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	193000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	139000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	45000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	472000	usd
CY2024Q2	us-gaap	Receivable With Imputed Interest Net Amount ReceivableWithImputedInterestNetAmount	84000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	388000	usd
CY2024Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	165000	usd
CY2024Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	223000	usd
CY2024Q2	us-gaap	Revenues Revenues	5352000	usd
CY2023Q2	us-gaap	Revenues Revenues	5335000	usd
	us-gaap	Revenues Revenues	11111000	usd
	us-gaap	Revenues Revenues	10996000	usd
CY2024Q2	us-gaap	Gross Profit GrossProfit	2090000	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	1586000	usd
	us-gaap	Gross Profit GrossProfit	4350000	usd
	us-gaap	Gross Profit GrossProfit	3107000	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	894000	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	836000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2015000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2249000	usd
CY2024Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	5000	usd
CY2023Q2	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	10000	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	60000	usd
	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	18000	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-536000	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1038000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1183000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2542000	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	190000	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	156000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	284000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	80000	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-346000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-882000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-899000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2462000	usd

Files In Submission

Name	View Source	Status
0001214659-24-014333-index-headers.html	Edgar Link	pending
0001214659-24-014333-index.html	Edgar Link	pending
0001214659-24-014333.txt	Edgar Link	pending
0001214659-24-014333-xbrl.zip	Edgar Link	pending
ex10_2.htm	Edgar Link	pending
ex10_3.htm	Edgar Link	pending
ex31_1.htm	Edgar Link	pending
ex31_2.htm	Edgar Link	pending
ex32_1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
vrme-20240630.xsd	Edgar Link	pending
y8624010q.htm	Edgar Link	pending
vrme-20240630_def.xml	Edgar Link	unprocessable
vrme-20240630_pre.xml	Edgar Link	unprocessable
y8624010q_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
vrme-20240630_cal.xml	Edgar Link	unprocessable
vrme-20240630_lab.xml	Edgar Link	unprocessable

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$VRME
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2024 Q3 Form 10-Q Financial Statement

#000121465924014333 Filed on August 13, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VRME VerifyMe Inc Stock $vrme

2024 Q3 Form 10-Q Financial Statement

#000121465924014333 Filed on August 13, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$VRME
VerifyMe Inc Stock $vrme