VerifyMe posted Q2 2026 revenue of $1.9 million, down 58% year over year.
Net loss widened to $505,000, equal to $0.04 per diluted share.
Gross profit fell to $1.02 million, though gross margin rose 19 percentage points to 54%.
Adjusted EBITDA, a non-GAAP metric, was $(23,000) versus $270,000 a year earlier.
Results reflected lost ProActive services revenue following the September 2025 termination of its prior carrier agreement; Premium services launched in June.