Verify Smart Corp.

Verify Smart Corp.

VSMR
Verify Smart Corp.US flagOther OTC
0.03
USD
- -
- -
1.80MMarket Cap
2006 Y
2007 Y
2008 Y
2009 Y
2010 Y
2011 Y
2012 Y
2017 Y
2018 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
-0.01
-0.02
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.01
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
-0.01
-0.02
-0.03
-0.03
-0.02
-0.02
-0.02
-0.02
- -
-0.03
Tangible Book Value per Share
- -
- -
- -
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
30
51
60
60
54
53
53
89
112
188
227
- -
53
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-28,183.69
- -
-411.44
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
- -
- -
-1
- -
- -
- -
-1
- -
-1
-1
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-28,183.64
- -
-411.44
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-1
-2
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'12
Mar'12
Jun'12
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
53
53
53
Market Capitalization
- -
4
6

Working Capital

FRC

in mil. unless spec.
Dec'12
Mar'12
Jun'12
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.84%
-236.36%
-123.72%
Free Cash Flow
845.85%
1,605.1%
-99.17%
Net Income, GAAP
387.75%
126.1%
-15.1%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Lou Pingitore
Full Time Employees
1
Sector
Technology
Industry
Software - Application
Address
564 Wedge Lane Fernley NV United States of America 89408
IPO Date
Apr 1, 2009
Business
Verify Smart Corp. Verify Smart Corp. (VSMR) develops and licenses multi-factor authentication (MFA) and two-factor authentication (2FA) technologies for secure transactions and identity protection. The company holds exclusive global licensing rights to key patents including U.S. Patent #8,285,648 B2, Canadian Patent #2664680, South Korean Patent #10-1309594, and a pending European Union patent application; its core offerings encompass wireless software solutions delivered via a software-as-a-service model for IP fraud prevention, instant personal verification through products like VerifyNGo to combat identity theft via mobile devices, and fan engagement platforms such as Prvii for celebrities to monetize interactions via messaging channels. Verify Smart Corp. has licensed its patented technology to financial institutions, telecommunications companies, internet providers, cryptocurrency firms, and Microsoft, targeting sectors including consumer brands, fintech, e-commerce, sports and entertainment, governments, and educational institutions across North America, South Korea, and potentially 26 European countries upon EU patent approval. Founded in 2006 as Treasure Explorations Inc. and renamed Verify Smart Corp. in March 2009, the company is headquartered in Mahwah, New Jersey, with a small team led by CEO Richard Halden and President Anthony Cinotti. Recent developments include ongoing litigation against infringers such as Equitable Bank in Canada and preparations for South Korean enforcement actions to generate revenues, an impending EU patent appeal hearing featuring collaboration with the original inventor and international lawyers, new executive appointments to drive licensing partnerships and product expansions, and pursuit of additional two-factor authentication patents and technologies amid substantial profit potential from global infringements.