Operating Expenses Summary of VerifyMe, Inc.

VerifyMe, Inc.'s latest annual operating expenses in 2023 was 11.93 Million USD , up 16.58% from previous year.
VerifyMe, Inc.'s latest quarterly operating expenses in 2024 Q2 was 2.32 Million USD , down -10.81% from previous quarter.
VerifyMe, Inc. reported a annual operating expenses of 10.23 Million USD in annual operating expenses 2022, up 88.49% from previous year.
VerifyMe, Inc. reported a annual operating expenses of 5.43 Million USD in annual operating expenses 2021, up 41.08% from previous year.
VerifyMe, Inc. reported a quarterly operating expenses of 2.6 Million USD for 2024 Q1, down -5.81% from previous quarter.
VerifyMe, Inc. reported a quarterly operating expenses of 2.85 Million USD for 2023 Q2, down -12.28% from previous quarter.

Annual Operating Expenses Chart of VerifyMe, Inc. (2023 - 2001)

Historical Annual Operating Expenses of VerifyMe, Inc. (2023 - 2001)

Year	Operating Expenses	Operating Expenses Growth
2023	11.93 Million USD	16.58%
2022	10.23 Million USD	88.49%
2021	5.43 Million USD	41.08%
2020	3.84 Million USD	46.22%
2019	2.63 Million USD	-0.36%
2018	2.64 Million USD	-6.83%
2017	2.83 Million USD	-24.33%
2016	3.74 Million USD	-30.53%
2015	5.39 Million USD	-60.27%
2014	13.57 Million USD	16.62%
2013	11.64 Million USD	967.31%
2012	1.09 Million USD	103.37%
2011	536.33 Thousand USD	1.83%
2010	526.69 Thousand USD	-0.62%
2009	530 Thousand USD	-7.02%
2008	570 Thousand USD	-29.35%
2007	806.81 Thousand USD	-43.37%
2006	1.42 Million USD	-3.47%
2005	1.47 Million USD	-2.94%
2004	1.52 Million USD	32.67%
2003	1.14 Million USD	-2.77%
2002	1.17 Million USD	-15.47%
2001	1.39 Million USD	0.0%

Year	Operating Expenses	Operating Expenses Growth
2024 Q2	2.32 Million USD	-10.81%
2024 Q1	2.6 Million USD	-5.81%
2023 Q2	2.85 Million USD	-12.28%
2023 FY	11.19 Million USD	9.4%
2023 Q3	3.14 Million USD	10.11%
2023 Q1	3.25 Million USD	19.56%
2023 Q4	2.76 Million USD	-12.01%
2022 Q3	2.73 Million USD	-9.21%
2022 Q4	2.72 Million USD	-0.18%
2022 Q1	1.77 Million USD	33.01%
2022 Q2	3 Million USD	69.6%
2022 FY	10.23 Million USD	88.49%
2021 Q3	1.21 Million USD	-20.64%
2021 Q4	1.33 Million USD	10.07%
2021 FY	5.43 Million USD	41.08%
2021 Q1	1.36 Million USD	10.03%
2021 Q2	1.52 Million USD	12.21%
2020 FY	3.84 Million USD	46.22%
2020 Q4	1.23 Million USD	16.05%
2020 Q3	1.06 Million USD	32.52%
2020 Q2	803.75 Thousand USD	8.03%
2020 Q1	744.03 Thousand USD	10.11%
2019 Q1	546.62 Thousand USD	6.87%
2019 FY	2.63 Million USD	-0.36%
2019 Q4	675.7 Thousand USD	-4.81%
2019 Q3	709.85 Thousand USD	1.4%
2019 Q2	700.08 Thousand USD	28.07%
2018 Q3	583.21 Thousand USD	-27.6%
2018 Q2	805.59 Thousand USD	8.63%
2018 FY	2.64 Million USD	-6.83%
2018 Q4	511.5 Thousand USD	-12.3%
2018 Q1	741.56 Thousand USD	-55.63%
2017 Q2	593.43 Thousand USD	214.81%
2017 Q3	382.15 Thousand USD	-35.6%
2017 Q1	188.5 Thousand USD	-82.5%
2017 FY	2.83 Million USD	-24.33%
2017 Q4	1.67 Million USD	337.36%
2016 FY	3.74 Million USD	-30.53%
2016 Q2	1.2 Million USD	18.43%
2016 Q3	451.23 Thousand USD	-62.49%
2016 Q4	1.07 Million USD	138.72%
2016 Q1	1.01 Million USD	-23.21%
2015 Q4	1.32 Million USD	7.6%
2015 FY	5.39 Million USD	-60.27%
2015 Q1	409.11 Thousand USD	-95.85%
2015 Q2	2.43 Million USD	494.7%
2015 Q3	1.22 Million USD	-49.48%
2014 Q1	2.22 Million USD	98.3%
2014 FY	13.57 Million USD	16.62%
2014 Q4	9.84 Million USD	1517.01%
2014 Q3	609.06 Thousand USD	-31.59%
2014 Q2	890.31 Thousand USD	-60.05%
2013 Q4	1.12 Million USD	21.74%
2013 Q2	8.64 Million USD	811.49%
2013 Q1	948.53 Thousand USD	42.23%
2013 FY	11.64 Million USD	967.31%
2013 Q3	923.27 Thousand USD	-89.32%
2012 Q4	666.88 Thousand USD	739.74%
2012 FY	1.09 Million USD	103.37%
2012 Q3	79.41 Thousand USD	-52.96%
2012 Q2	168.83 Thousand USD	-3.85%
2012 Q1	175.6 Thousand USD	50.49%
2011 Q4	116.68 Thousand USD	38.81%
2011 FY	536.33 Thousand USD	1.83%
2011 Q1	335.58 Thousand USD	179.66%
2011 Q2	234.06 Thousand USD	-30.25%
2011 Q3	84.06 Thousand USD	-64.09%
2010 Q3	160 Thousand USD	33.33%
2010 Q4	120 Thousand USD	-25.0%
2010 FY	526.69 Thousand USD	-0.62%
2010 Q2	120 Thousand USD	0.0%
2010 Q1	120 Thousand USD	0.0%
2009 FY	530 Thousand USD	-7.02%
2008 Q3	146.53 Thousand USD	0.3%
2008 Q1	165.43 Thousand USD	548.8%
2008 FY	570 Thousand USD	-29.35%
2008 Q4	110 Thousand USD	-24.93%
2008 Q2	146.1 Thousand USD	-11.68%
2007 Q1	373.01 Thousand USD	14.57%
2007 Q2	233.34 Thousand USD	-37.44%
2007 Q3	237.31 Thousand USD	1.7%
2007 FY	806.81 Thousand USD	-43.37%
2007 Q4	-36.86 Thousand USD	-115.53%
2006 Q3	313.39 Thousand USD	-28.36%
2006 Q1	348.31 Thousand USD	-4.09%
2006 FY	1.42 Million USD	-3.47%
2006 Q4	325.56 Thousand USD	3.88%
2006 Q2	437.48 Thousand USD	25.6%
2005 Q4	363.18 Thousand USD	9.89%
2005 Q3	330.5 Thousand USD	-25.28%
2005 Q1	339.96 Thousand USD	41.96%
2005 Q2	442.32 Thousand USD	30.11%
2005 FY	1.47 Million USD	-2.94%
2004 Q3	361.23 Thousand USD	-8.43%
2004 Q2	394.49 Thousand USD	-20.7%
2004 Q1	497.45 Thousand USD	16.75%
2004 FY	1.52 Million USD	32.67%
2004 Q4	239.48 Thousand USD	-33.7%
2003 Q2	156.21 Thousand USD	9.2%
2003 Q4	426.09 Thousand USD	1.27%
2003 Q1	143.05 Thousand USD	64.3%
2003 Q3	420.77 Thousand USD	169.35%
2003 FY	1.14 Million USD	-2.77%
2002 Q4	87.06 Thousand USD	-59.43%
2002 FY	1.17 Million USD	-15.47%
2002 Q3	214.61 Thousand USD	-51.42%
2002 Q2	441.75 Thousand USD	1.46%
2002 Q1	435.39 Thousand USD	-27.88%
2001 Q3	164.46 Thousand USD	-3.76%
2001 FY	1.39 Million USD	0.0%
2001 Q4	603.74 Thousand USD	267.08%
2001 Q1	155.49 Thousand USD	0.0%
2001 Q2	170.88 Thousand USD	9.9%

Peer Operating Expenses Comparison of VerifyMe, Inc.

Name	Operating Expenses	Operating Expenses Difference
Bridger Aerospace Group Holdings, Inc. Common Stock	82.86 Million USD	85.6%
Bridger Aerospace Group Holdings, Inc. Warrant	82.86 Million USD	85.6%
BIO-key International, Inc.	10.25 Million USD	-16.323%
Digital Ally, Inc.	28 Million USD	57.39%
Evolv Technologies Holdings, Inc.	121.76 Million USD	90.201%
Evolv Technologies Holdings, Inc.	121.76 Million USD	90.201%
Guardforce AI Co., Limited	30.82 Million USD	61.295%
Guardforce AI Co., Limited	30.82 Million USD	61.295%
Iveda Solutions, Inc.	4.47 Million USD	-166.425%
Iveda Solutions, Inc.	4.47 Million USD	-166.425%
Knightscope, Inc.	24.11 Million USD	50.52%
LogicMark, Inc.	11.93 Million USD	0.054%
Napco Security Technologies, Inc.	47.93 Million USD	75.108%
Senstar Technologies Ltd.	20.11 Million USD	40.675%
SuperCom Ltd.	13.58 Million USD	12.148%

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VerifyMe, Inc. (VRME)

Operating Expenses Summary of VerifyMe, Inc.

Annual Operating Expenses Chart of VerifyMe, Inc. (2023 - 2001)

Historical Annual Operating Expenses of VerifyMe, Inc. (2023 - 2001)

Peer Operating Expenses Comparison of VerifyMe, Inc.