VerifyMe, Inc. (VRME) Q3 2025 Earnings Name Transcript

Operator

Good day and welcome to the VerifyMe Third Quarter 2025 Monetary Outcomes Convention name.

[Operator Instructions]

Please observe this occasion is being recorded.

I might now like to show the convention over to Jennifer Cola, CFO. Please go forward.

Jennifer Cola
Chief Monetary Officer

Good morning, everybody, and thanks for becoming a member of us at this time for our Third Quarter 2025 Earnings Name Presentation. On the decision at this time, I am joined by Adam Stedham, CEO and President, who will give an operations and strategic replace, and I’ll present a monetary replace. Following our administration presentation, we may have a Q&A session.

I would such as you to convey your consideration to the observe on forward-looking statements on Slide 3. At this time’s presentation and the solutions to questions embrace forward-looking statements. It must be understood that precise outcomes may materially differ from these projected resulting from plenty of components, together with these described underneath the forward-looking statements and danger components captions within the firm’s annual report on Kind 10-Ok and quarterly reviews on Kind 10-Q.

I’ll now flip the decision over to Adam Stedham to debate the corporate technique.

Adam Stedham
President, CEO & Director

Thanks, Jen. I am happy with the success of our working mannequin mixed with our gross sales and advertising and marketing plans within the third quarter. I do understand the third quarter income was down resulting from beforehand introduced contract losses and adjustments related to the transition from our earlier Proactive delivery accomplice. That assertion is a typical theme in our final a number of earnings calls, and I feel it is good for us to evaluate the