VRME Q1 2020 Earnings — VerifyMe, Inc. Revenue & Financial Results | Market Cap Arena

VRMEVerifyMe, Inc.

$12M

Q1 2020 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$92,000+98.0% YoY

Gross Profit

$75,00081.5% margin

Operating Income

-$668,994-727.2% margin

Net Income

-$1M-1187.0% margin

EPS (Diluted)

$-0.48

QoQ Revenue Growth

-9.7%

Cash Flow

Operating Cash Flow

-$335,000

Free Cash Flow

-$364,000

Stock-Based Comp.

$40,000

Balance Sheet

Total Assets

$2M

Total Liabilities

$683,152

Stockholders' Equity

$909,989

Cash & Equivalents

$885,622

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$92,000	$46,454	+98.0%
Gross Profit	$75,000	$31,687	+136.7%
Operating Income	-$668,994	-$514,934	-29.9%
Net Income	-$1M	-$513,306	-112.7%